The global revenue of Heart Rate Monitors market was valued at 10841.98 M USD in 2016 and is expected to reach 14934.15 M USD in 2022. In the future five years, we predict the CAGR of global revenue is 4.68%.
This report studies the Heart Rate Monitors market. A heart rate monitor is a personal monitoring device that allows one to measure one's heart rate in real time or record the heart rate for later study. It is largely used by performers of various types of physical exercise.
Nowadays, there are mainly two types of Heart Rate Monitors, including Chest Heart Rate Monitors and Wrist Heart Rate Monitors. And Wrist Heart Rate Monitors is the main type for Heart Rate Monitors, and the Wrist Heart Rate Monitors reached a sales revenue of approximately 10252.18 M USD in 2016, with nearly 94.6% of global sales revenue.
Heart Rate Monitors is widely used for Fat Burnm, Cardio, Peak. The most proportion was sales in Cardio, and the consumption proportion was about 45.6% in 2016.
North America had the largest global export quantity and manufacturers in Heart Rate Monitors market, while the China was the second sales volume market for Heart Rate Monitors in 2016.
In the industry, Apple profited most in 2016 and recent years, while Fitbit and Garmin ranked 2 and 3.The market share of them was about 38.7%, 21.6% and 8.2% in 2016.The gap of market share is keep on enlarged due to different strategy.
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