Heart Rate Monitoring Devices Market Records 11.81% CAGR by 2025 | Alphabet Inc. and ANTA Sports Products Among Key Contributors to Growth| Technavio – Yahoo Finance

NEW YORK, Nov. 8, 2021 /PRNewswire/ — The heart rate monitoring devices market is expected to grow by USD 418.41 mn from 2020 to 2025. Technavio’s latest market research report estimates that the market will progress at a CAGR of 11.81%. This report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.

Attractive Opportunities in Heart Rate Monitoring Devices Market by Product and Geography - Forecast and Analysis 2021-2025

Attractive Opportunities in Heart Rate Monitoring Devices Market by Product and Geography – Forecast and Analysis 2021-2025

Read our Sample Report to explore growth opportunities in the heart rate monitoring devices market.

The heart rate monitoring devices market is fragmented, and the degree of fragmentation will accelerate during the forecast period. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments while maintaining their positions in the slow-growing segments.

The report also covers the following areas:

Heart Rate Monitoring Devices Market 2021-2025: Segmentation

For additional information about the contribution of the market, Download a Free Sample

Heart Rate Monitoring Devices Market 2021-2025: Vendor Analysis and Scope

To help businesses improve their market position, Technavio’s report provides a detailed analysis of around 25 vendors operating in the market. Some of the major vendors of the heart rate monitoring devices market include Alphabet Inc., ANTA Sports Products Ltd., Apple Inc., BIOTRONIK SE and Co. KG, Garmin Ltd., Koninklijke Philips NV, OMRON Corp., Polar Electro Oy, Wahoo Fitness LLC, and Xiaomi Corp. Backed with competitive intelligence and benchmarking, our research report on the heart rate monitoring devices market is designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support.

The growing preference for self-care monitoring devices, focus on preventive treatment, and rise in Internet penetration will offer immense growth opportunities. However, the intense competition among vendors will hamper market growth.

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Regional Analysis

Technavio offers an up-to-date analysis of the geographical composition of the market as well as competitive intelligence and regional opportunities. The heart rate monitoring devices market has been segmented by geography into four regions, namely North America, Europe, Asia, and ROW. Among these regions, North America will account for 39% of the growth of the market during the forecast period. The US is one of the key countries in the heart rate monitoring devices market in North America. The growth rate of the market in North America has been significant. Moreover, the region is expected to offer several growth opportunities to market vendors during the forecast period. In addition, the growth of the heart rate monitoring devices market in North America will be driven by the rising focus on preventive treatment.

Heart Rate Monitoring Devices Market 2021-2025: Key Highlights

  • CAGR of the market during the forecast period 2021-2025

  • Detailed information on factors that will assist heart rate monitoring devices market growth during the next five years

  • Estimation of the heart rate monitoring devices market size and its contribution to the parent market

  • Predictions on upcoming trends and changes in consumer behavior

  • The growth of the heart rate monitoring devices market

  • Analysis of the market’s competitive landscape and detailed information on vendors

  • Comprehensive details of factors that will challenge the growth of heart rate monitoring devices market vendors

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Heart Rate Monitoring Devices Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 11.81%

Market growth 2021-2025

USD 418.41 million

Market structure

Fragmented

YoY growth (%)

11.50

Regional analysis

North America, Europe, Asia, and ROW

Performing market contribution

North America at 39%

Key consumer countries

US, Germany, Japan, UK, and China

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Alphabet Inc., ANTA Sports Products Ltd., Apple Inc., BIOTRONIK SE and Co. KG, Garmin Ltd., Koninklijke Philips NV, OMRON Corp., Polar Electro Oy, Wahoo Fitness LLC, and Xiaomi Corp.

Market Dynamics

Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents:

Executive Summary

Market Landscape

  • Market ecosystem

  • Value chain analysis

For additional insights on the market, View Our Report Snapshot

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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source: Heart Rate Monitoring Devices Market Records 11.81% CAGR by 2025 | Alphabet Inc. and ANTA Sports Products Among Key Contributors to Growth| Technavio – Yahoo Finance

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