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Global Heart Rate Monitoring Devices Market - Analysis, Technologies & Forecasts to 2020 - Key Vendors are Fitbit, Garmin & Suunto - Research and Markets

[October 14, 2016]

Global Heart Rate Monitoring Devices Market - Analysis, Technologies & Forecasts to 2020 - Key Vendors are Fitbit, Garmin & Suunto - Research and Markets

Research and Markets has announced the addition of the "Global Heart Rate Monitoring Devices Market 2016-2020" report to their offering.

The report forecasts the global heart rate monitoring device market to grow at a CAGR of 13.12% during the period 2016-2020.

The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

According to the report, rise in smartphone penetration will be a key driver for market growth. The rise in the use of smartphones has fueled the global heart rate monitoring device market. Diagnostic wearable devices produce a large amount of health data. However, the analysis of this raw data has been a challenge. Smartphones and related apps are required for better processing and analysis of health information. With innovative technologie, cloud computing, and machine learning, the use of smartphones with specific apps is going to drive every aspect of healthcare, including diagnostic wearable medical devices such as heart rate monitors.

Further, the report states that the design issues are associated with the ergonomics and wearability of the devices such as the physical shape of wearables, their relationship with the human anatomy in motion, and their acceptability in terms of fashion, comfort, and purpose.

Key vendors: