Market Overview:
The global wearable heart monitoring device market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing prevalence of cardiovascular diseases, growing awareness about heart health, and technological advancements in wearable heart monitoring devices. The global wearable heart monitoring device market is segmented on the basis of type into chargeable heart monitoring devices and Bluetooth enabled heart monitoring devices. The chargeable Heart Monitoring Devices segment is expected to account for the largest share of the global wearable Heart Monitoring Device Market by 2030 owing to its features such as long battery life and real-time data transmission.
Product Definition:
A wearable heart monitoring device is a device that can be worn by a patient to monitor their heart rate and rhythm. This type of device can be used to diagnose cardiac arrhythmias, or abnormal heart rhythms, and to help guide treatment decisions.
Chargeable Heart Monitoring Devices:
The global chargeable heart monitoring devices, it's usage and growth factor in wearable heart monitoring device market size was valued at USD 6.1 billion in 2015 and is expected to grow at a CAGR of XX% over the forecast period. The key drivers attributing to the growth include rising prevalence of cardiovascular diseases (CVD) coupled with increasing demand for home healthcare services which are leading to an increase in adoption rate of these devices by patients as well as physicians.
Bluetooth Enabled Heart Monitoring Devices:
Bluetooth enabled heart monitoring devices are used to monitor the electrical activity of the heart through wireless communication. The Bluetooth enabled heart monitoring device is connected with an app in a smartphone which displays real-time data about the heartbeat and other related parameters. This data can be wirelessly shared with doctors or caregivers for further analysis using specialized software.
Application Insights:
The hospital segment dominated the global wearable heart monitoring device market in 2017. This can be attributed to a large patient base suffering from cardiac arrest and an increasing number of hospitals focusing on providing advanced healthcare facilities. Moreover, a rise in the adoption of these devices by hospitals for better management of cardiac arrest is expected to boost growth over the forecast period.
Household application is expected to witness significant growth over the forecast period owing to rising awareness about early diagnosis and treatment options for various diseases such as atrial fibrillation, atrial flutter, heart valve problems & other cardiovascular disorders among all age groups across the globe. In addition, growing demand for wireless wearable technology that provides real-time tracking and alerts during daily activities will drive demand globally over next eight years.
Regional Analysis:
North America dominated the global wearable heart monitoring device market in 2017. This can be attributed to the presence of key players such as Medtronic, and Philips in this region. Moreover, increasing demand for technologically advanced medical products is also expected to drive growth during the forecast period. Europe accounted for a significant share of revenue in 2017 owing to growing geriatric population base and subsequently rising chronic diseases such as cardiac arrest cases among others.
Growth Factors:
- Increasing prevalence of heart diseases and other cardiac disorders
- Growing awareness about the benefits of wearable heart monitoring devices
- Rising demand for preventive healthcare measures
- Technological advancements in wearable heart monitoring devices
- Growing popularity of fitness tracking apps and devices
Scope Of The Report
Report Attributes
Report Details
Report Title
Wearable Heart Monitoring Device Market Research Report
By Type
Chargeable Heart Monitoring Devices, Bluetooth Enabled Heart Monitoring Devices
By Application
Hospital, Household, Other
By Companies
Panasonic, Robert Bosch, FLIR Systems, Honeywell International, Vimtag Technology, Nest Cam, Pelco Corporate, Amcrest Technologies, Zosi Technology, Frontpoint Security Solutions, Panasonic
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
189
Number of Tables & Figures
133
Customization Available
Yes, the report can be customized as per your need.
Global Wearable Heart Monitoring Device Market Report Segments:
The global Wearable Heart Monitoring Device market is segmented on the basis of:
Types
Chargeable Heart Monitoring Devices, Bluetooth Enabled Heart Monitoring Devices
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital, Household, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Panasonic
- Robert Bosch
- FLIR Systems
- Honeywell International
- Vimtag Technology
- Nest Cam
- Pelco Corporate
- Amcrest Technologies
- Zosi Technology
- Frontpoint Security Solutions
- Panasonic
Highlights of The Wearable Heart Monitoring Device Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Chargeable Heart Monitoring Devices
- Bluetooth Enabled Heart Monitoring Devices
- By Application:
- Hospital
- Household
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Wearable Heart Monitoring Device Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A wearable heart monitoring device is a small, inconspicuous device that is worn on the body to monitor heart health. These devices can be used to detect abnormalities in the rhythm of a person's heartbeat, and they may also be able to provide information about blood pressure and other cardiac health indicators.
Some of the major companies in the wearable heart monitoring device market are Panasonic, Robert Bosch, FLIR Systems, Honeywell International, Vimtag Technology, Nest Cam, Pelco Corporate, Amcrest Technologies, Zosi Technology, Frontpoint Security Solutions, Panasonic.
The wearable heart monitoring device market is expected to register a CAGR of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Wearable Heart Monitoring Device Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Wearable Heart Monitoring Device Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Wearable Heart Monitoring Device Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Wearable Heart Monitoring Device Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Wearable Heart Monitoring Device Market Size & Forecast, 2018-2028
4.5.1 Wearable Heart Monitoring Device Market Size and Y-o-Y Growth
4.5.2 Wearable Heart Monitoring Device Market Absolute $ Opportunity
Chapter 5 Global Wearable Heart Monitoring Device Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Wearable Heart Monitoring Device Market Size Forecast by Type
5.2.1 Chargeable Heart Monitoring Devices
5.2.2 Bluetooth Enabled Heart Monitoring Devices
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Wearable Heart Monitoring Device Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Wearable Heart Monitoring Device Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Household
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Wearable Heart Monitoring Device Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Wearable Heart Monitoring Device Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Wearable Heart Monitoring Device Analysis and Forecast
9.1 Introduction
9.2 North America Wearable Heart Monitoring Device Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Wearable Heart Monitoring Device Market Size Forecast by Type
9.6.1 Chargeable Heart Monitoring Devices
9.6.2 Bluetooth Enabled Heart Monitoring Devices
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Wearable Heart Monitoring Device Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Household
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Wearable Heart Monitoring Device Analysis and Forecast
10.1 Introduction
10.2 Europe Wearable Heart Monitoring Device Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Wearable Heart Monitoring Device Market Size Forecast by Type
10.6.1 Chargeable Heart Monitoring Devices
10.6.2 Bluetooth Enabled Heart Monitoring Devices
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Wearable Heart Monitoring Device Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Household
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Wearable Heart Monitoring Device Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Wearable Heart Monitoring Device Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Wearable Heart Monitoring Device Market Size Forecast by Type
11.6.1 Chargeable Heart Monitoring Devices
11.6.2 Bluetooth Enabled Heart Monitoring Devices
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Wearable Heart Monitoring Device Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Household
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Wearable Heart Monitoring Device Analysis and Forecast
12.1 Introduction
12.2 Latin America Wearable Heart Monitoring Device Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Wearable Heart Monitoring Device Market Size Forecast by Type
12.6.1 Chargeable Heart Monitoring Devices
12.6.2 Bluetooth Enabled Heart Monitoring Devices
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Wearable Heart Monitoring Device Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Household
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Wearable Heart Monitoring Device Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Wearable Heart Monitoring Device Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Wearable Heart Monitoring Device Market Size Forecast by Type
13.6.1 Chargeable Heart Monitoring Devices
13.6.2 Bluetooth Enabled Heart Monitoring Devices
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Wearable Heart Monitoring Device Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Household
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Wearable Heart Monitoring Device Market: Competitive Dashboard
14.2 Global Wearable Heart Monitoring Device Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Panasonic
14.3.2 Robert Bosch
14.3.3 FLIR Systems
14.3.4 Honeywell International
14.3.5 Vimtag Technology
14.3.6 Nest Cam
14.3.7 Pelco Corporate
14.3.8 Amcrest Technologies
14.3.9 Zosi Technology
14.3.10 Frontpoint Security Solutions
14.3.11 Panasonic
