The Heartbeat Sensor Market deals with the development of HRM sensors that are capable to monitor one’s heartbeat in real time or record the heart rate for later study. An infrared sensor that is used to monitor the heart rate is known as heartbeat sensor.
The heartbeat sensor measures the cardiovascular pulse wave that radiates in a human body. It is very important to measure heart rate for patients since it is one of the most vital sign that needs to be measured. These are sensors are used in both wearable and non-wearable devices. Based on the application, the market of heartbeat sensor is segmented as sports & fitness, patient monitoring, home health care and others.
The need to measure heart rate of the patients is the major growth driving factor for the Heartbeat Sensor Market. Also, the market is expected to be driven with high growth rate till the end of the forecast period. At present, people in their 30s are also susceptible to heart problems due to highly stressful lives they lead. Hence, the demand for pulse rate monitor has been increasing. In addition, the rising awareness among people about using digital heart rate monitor is also expected to drive demand for the market.
High price of the heartbeat monitor devices is the major growth restraining factor for the market of heartbeat sensor. However, the awareness coupled with the people’s desire to lead a healthy and fit life and technological advances are anticipated to drive the market with robust growth. Also, it is expected to reduce the impact of the above restraint on the market of HR sensor, by the end of forecast period.
North America is dominating the Heartbeat Sensor Market by holding the largest share of the market, followed by Europe. Asia-Pacific is expected to grow at the highest growth rate during the forecast period due to increasing awareness levels in the region coupled with increasing levels of disposable income. Rest of the World is estimated to register moderate growth during the forecast period. Wearable devices segment is accounting the largest share for the market.
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