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James Jones
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Key Insights on Heart Rate Monitor Watch Market Based On Product Type and Regional Demand Till 2027
According to WHO, every year about 17.7 million lives are lost due to cardiovascular diseases (CVD), representing 31% of all global deaths.

Fact.MR, 9/14/2018 - The market for Global Heart Rate Monitor Watch Market has been undergoing a transitional phase over the recent past. The continual advancements in technologies and the swift increase in infrastructural development projects have influenced the demand for Heart Rate Monitor Watch Market substantially over the past few years. The swift rise in urbanization and the significant increase in the disposable income of people are likely to maintain the demand pace of Heart Rate Monitor Watch Market in the near future. The augmenting interest of investors, government funding, and the rising trend of automation are also projected to reflect positively on this market in the years to come.

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According to WHO, every year about 17.7 million lives are lost due to cardiovascular diseases (CVD), representing 31% of all global deaths. Smoking, physical inactivity, poor diet, and excessive alcohol consumption are few of the behavioral reasons responsible for developing health disease. Increasing prevalence of diabetes, obesity, overweight, high blood pressure and high cholesterol are some of the physiological conditions that are related to the development of heart diseases. Approximately 1.9 billion adults were reported overweight, of which 650 million adults were obese. In addition, the prevalence of diabetes was also reported to be 177.4 million in 2017 and is expected to reach 337.8 million by 2045.

Will Smartphone Health Apps Compete the Heart Rate Monitor Watch Market?

Introduction of smartphone apps to monitor heart rates occupied attentions of many. However, the credibility of the measurement has been consistently questioned by consumers as well as medical professionals. Smartphone apps monitor heart rates through phone camera and in some cases, the apps are paid. Whereas fitness bands or heart rate monitor watch measures heart rates through pulse sensor. The latter technology has proved reliable among consumers. The popularity of wearable devices especially one with heart rate monitoring feature has increased dramatically, to an extent that they are considered to be the next ‘Dr.Google’. Apart from sports enthusiasts, these devices are highly preferred by consumers who are already leading a healthy life and wants to monitor their progress. With such popularity, health rate monitor watch can easily outnumber smartphone health apps in adoption and reliability.

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Highlights from the Report

Elaborated scenario of the parent market

Transformations in the market dynamics

Detailed segmentation of the target market

Historical, current and forecast market size based on value and volume

Latest industry developments and trends

Competition landscape

Strategies adopted by the market players and product developments made

Potential and niche segments, along with their regional analysis

Unbiased analysis on performance of the market

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