The wearable heart monitoring devices market size has grown rapidly in recent years. It will grow from $2.4 billion in 2024 to $2.69 billion in 2025 at a compound annual growth rate (CAGR) of 11.9%. The growth in the historic period can be attributed to increased focus on preventive healthcare, rise in chronic cardiovascular conditions, miniaturization and wearable design, health and fitness trends, clinical adoption and validation.
The wearable heart monitoring devices market size is expected to see rapid growth in the next few years. It will grow to $4.59 billion in 2029 at a compound annual growth rate (CAGR) of 14.3%. The growth in the forecast period can be attributed to increasing aging population, rising health consciousness, integration with smartphones and iot, expansion of remote patient monitoring, emphasis on personalized healthcare. Major trends in the forecast period include miniaturization and wearable design, advancements in sensor technology, integration of ai and machine learning, remote patient monitoring, focus on preventive healthcare.
The rising prevalence of cardiovascular diseases (CVD) is anticipated to drive the growth of the wearable heart monitoring devices market in the future. CVD encompasses various heart abnormalities, including atrial fibrillation, ventricular fibrillation, and atrioventricular block, all of which require long-term monitoring. Patients with cardiovascular diseases need wearable devices that facilitate continuous heart monitoring, which is essential for tracking heart rates. For example, in October 2022, the Centers for Disease Control and Prevention (CDC), a US-based government agency, reported that in the United States, a person dies from cardiovascular disease every 34 seconds. Thus, the increasing incidence of cardiovascular diseases (CVD) is a significant factor propelling the demand for wearable heart monitoring devices.
The increasing awareness of healthy lifestyles is expected to further enhance the growth of the wearable heart monitoring devices market. A healthy lifestyle involves living patterns that promote overall well-being through habits that positively affect physical, mental, and social health. Wearable heart monitoring devices can significantly support healthy lifestyles by providing individuals with real-time insights into their cardiovascular health. For instance, in May 2022, a survey conducted by the International Food Information Council, a US-based non-profit organization, among 1,005 American adults aged 18-80 and Gen Z consumers aged 18-24 found that approximately 52% of participants adhered to a specific diet or eating pattern, up from 39% in 2021. The most popular choices included clean eating (16%), mindful eating (14%), and calorie counting (13%). Therefore, the growing awareness of healthy lifestyles is driving the expansion of the wearable heart monitoring devices market.
Technological advancements are a significant trend gaining traction in the wearable heart monitoring devices market. Leading companies in this sector are launching innovative products equipped with advanced technologies to strengthen their market position. For example, in January 2023, engineers at UC San Diego, a US-based institution, developed a wearable ultrasound device for cardiac imaging, designed to evaluate heart structure and function during physical activity. This portable device can be worn for up to 24 hours and employs AI algorithms to measure blood flow, which is essential for detecting cardiovascular issues. The technology aims to enhance the accessibility of ultrasound imaging, addressing the limitations of traditional echocardiograms that require large equipment and trained professionals. This innovation offers continuous, non-invasive monitoring of cardiac health, even during exercise, improving early detection and management of heart diseases.
Major players in the wearable heart monitoring devices market are strategically focused on the development of innovative products to gain a competitive advantage. Notably, electrocardiogram (ECG) patches have emerged as a key product in this endeavor. Vivalink, a US-based provider of remote patient monitoring services, exemplifies this strategy by launching a multi-parameter wearable ECG patch in May 2023. This patch, offering 14-day live stream capabilities, records the heart's electrical activity and continuously monitors the patient's heart rhythm. The live-streamed data is transmitted to a mobile device or the cloud, making it suitable for both in-hospital and remote patient monitoring applications. Particularly beneficial for patients with a history of heart disease or atrial fibrillation, the ECG patch positions companies for a competitive edge in the dynamic wearable heart monitoring devices market.
In January 2023, WearLinq Labs, a US-based provider of wearable health monitoring and diagnostic solutions, acquired AMI Cardiac Monitoring, LLC for an undisclosed amount. This acquisition allows WearLinq Labs to enhance its portfolio of wearable health monitoring solutions by incorporating AMI Cardiac Monitoring's advanced cardiac diagnostics technology, thereby improving patient care and expanding its capabilities in remote health monitoring and chronic disease management. AMI Cardiac Monitoring, LLC is a US-based manufacturer of wearable heart monitoring devices.
Major companies operating in the wearable heart monitoring devices market include Medtronic plc, Royal Philips, Boston Scientific Corporation, Johnson & Johnson Private Limited, Beurer GmbH, Chinese Ogawa Smart Healthcare Technology Group Co.Ltd., Polar Electro Oy, Garmin Ltd., Abbott India Ltd., GE HealthCare Technologies Inc., Biotronik SE & Co KG, Asahi Kasei Corporation, MicroPort Scientific Corporation, Nihon Kohden Corporation, SCHILLER AG, BPL Medical Technologies Pvt. Ltd., AliveCor Inc., Bardy Diagnostics Inc., BioTelemetry Inc., Cardiac Insight Inc.
North America was the largest region in the wearable heart monitoring devices market in 2024. Asia-Pacific is expected to be the fastest-growing region in the wearable heart rate monitoring devices market report during the forecast period. The regions covered in the wearable heart monitoring devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the wearable heart monitoring devices market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The wearable heart monitor is a personal tracking device employing an electrical detection band wrapped around the chest, dedicated to recording and tracking heart rate during physical activities and exercises.
Categorized into diagnostic and monitoring devices as well as therapeutic devices, these wearable heart monitoring devices serve purposes including diagnosing and monitoring vital parameters from the heart or body. These devices utilize electric pulse-based and optical technology-based products, distributed across pharmacies, online platforms, and hypermarkets. They find application in sports and fitness, remote patient monitoring, and home healthcare.
The wearable heart monitoring devices market research report is one of a series of new reports that provides wearable heart monitoring devices market statistics, including wearable heart monitoring devices industry global market size, regional shares, competitors with a wearable heart monitoring devices market share, detailed wearable heart monitoring devices market segments, market trends and opportunities, and any further data you may need to thrive in the wearable heart monitoring devices industry. This wearable heart monitoring devices market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The wearable heart rate monitoring devices consists of sales of pulse oximeters, smartwatches, chest straps, patch recorders, and other product types. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The wearable heart monitoring devices market size is expected to see rapid growth in the next few years. It will grow to $4.59 billion in 2029 at a compound annual growth rate (CAGR) of 14.3%. The growth in the forecast period can be attributed to increasing aging population, rising health consciousness, integration with smartphones and iot, expansion of remote patient monitoring, emphasis on personalized healthcare. Major trends in the forecast period include miniaturization and wearable design, advancements in sensor technology, integration of ai and machine learning, remote patient monitoring, focus on preventive healthcare.
The rising prevalence of cardiovascular diseases (CVD) is anticipated to drive the growth of the wearable heart monitoring devices market in the future. CVD encompasses various heart abnormalities, including atrial fibrillation, ventricular fibrillation, and atrioventricular block, all of which require long-term monitoring. Patients with cardiovascular diseases need wearable devices that facilitate continuous heart monitoring, which is essential for tracking heart rates. For example, in October 2022, the Centers for Disease Control and Prevention (CDC), a US-based government agency, reported that in the United States, a person dies from cardiovascular disease every 34 seconds. Thus, the increasing incidence of cardiovascular diseases (CVD) is a significant factor propelling the demand for wearable heart monitoring devices.
The increasing awareness of healthy lifestyles is expected to further enhance the growth of the wearable heart monitoring devices market. A healthy lifestyle involves living patterns that promote overall well-being through habits that positively affect physical, mental, and social health. Wearable heart monitoring devices can significantly support healthy lifestyles by providing individuals with real-time insights into their cardiovascular health. For instance, in May 2022, a survey conducted by the International Food Information Council, a US-based non-profit organization, among 1,005 American adults aged 18-80 and Gen Z consumers aged 18-24 found that approximately 52% of participants adhered to a specific diet or eating pattern, up from 39% in 2021. The most popular choices included clean eating (16%), mindful eating (14%), and calorie counting (13%). Therefore, the growing awareness of healthy lifestyles is driving the expansion of the wearable heart monitoring devices market.
Technological advancements are a significant trend gaining traction in the wearable heart monitoring devices market. Leading companies in this sector are launching innovative products equipped with advanced technologies to strengthen their market position. For example, in January 2023, engineers at UC San Diego, a US-based institution, developed a wearable ultrasound device for cardiac imaging, designed to evaluate heart structure and function during physical activity. This portable device can be worn for up to 24 hours and employs AI algorithms to measure blood flow, which is essential for detecting cardiovascular issues. The technology aims to enhance the accessibility of ultrasound imaging, addressing the limitations of traditional echocardiograms that require large equipment and trained professionals. This innovation offers continuous, non-invasive monitoring of cardiac health, even during exercise, improving early detection and management of heart diseases.
Major players in the wearable heart monitoring devices market are strategically focused on the development of innovative products to gain a competitive advantage. Notably, electrocardiogram (ECG) patches have emerged as a key product in this endeavor. Vivalink, a US-based provider of remote patient monitoring services, exemplifies this strategy by launching a multi-parameter wearable ECG patch in May 2023. This patch, offering 14-day live stream capabilities, records the heart's electrical activity and continuously monitors the patient's heart rhythm. The live-streamed data is transmitted to a mobile device or the cloud, making it suitable for both in-hospital and remote patient monitoring applications. Particularly beneficial for patients with a history of heart disease or atrial fibrillation, the ECG patch positions companies for a competitive edge in the dynamic wearable heart monitoring devices market.
In January 2023, WearLinq Labs, a US-based provider of wearable health monitoring and diagnostic solutions, acquired AMI Cardiac Monitoring, LLC for an undisclosed amount. This acquisition allows WearLinq Labs to enhance its portfolio of wearable health monitoring solutions by incorporating AMI Cardiac Monitoring's advanced cardiac diagnostics technology, thereby improving patient care and expanding its capabilities in remote health monitoring and chronic disease management. AMI Cardiac Monitoring, LLC is a US-based manufacturer of wearable heart monitoring devices.
Major companies operating in the wearable heart monitoring devices market include Medtronic plc, Royal Philips, Boston Scientific Corporation, Johnson & Johnson Private Limited, Beurer GmbH, Chinese Ogawa Smart Healthcare Technology Group Co.Ltd., Polar Electro Oy, Garmin Ltd., Abbott India Ltd., GE HealthCare Technologies Inc., Biotronik SE & Co KG, Asahi Kasei Corporation, MicroPort Scientific Corporation, Nihon Kohden Corporation, SCHILLER AG, BPL Medical Technologies Pvt. Ltd., AliveCor Inc., Bardy Diagnostics Inc., BioTelemetry Inc., Cardiac Insight Inc.
North America was the largest region in the wearable heart monitoring devices market in 2024. Asia-Pacific is expected to be the fastest-growing region in the wearable heart rate monitoring devices market report during the forecast period. The regions covered in the wearable heart monitoring devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the wearable heart monitoring devices market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The wearable heart monitor is a personal tracking device employing an electrical detection band wrapped around the chest, dedicated to recording and tracking heart rate during physical activities and exercises.
Categorized into diagnostic and monitoring devices as well as therapeutic devices, these wearable heart monitoring devices serve purposes including diagnosing and monitoring vital parameters from the heart or body. These devices utilize electric pulse-based and optical technology-based products, distributed across pharmacies, online platforms, and hypermarkets. They find application in sports and fitness, remote patient monitoring, and home healthcare.
The wearable heart monitoring devices market research report is one of a series of new reports that provides wearable heart monitoring devices market statistics, including wearable heart monitoring devices industry global market size, regional shares, competitors with a wearable heart monitoring devices market share, detailed wearable heart monitoring devices market segments, market trends and opportunities, and any further data you may need to thrive in the wearable heart monitoring devices industry. This wearable heart monitoring devices market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The wearable heart rate monitoring devices consists of sales of pulse oximeters, smartwatches, chest straps, patch recorders, and other product types. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Wearable Heart Monitoring Devices Market Characteristics3. Wearable Heart Monitoring Devices Market Trends and Strategies4. Wearable Heart Monitoring Devices Market - Macro Economic Scenario Including the Impact of Interest Rates, Inflation, Geopolitics, and the Recovery from COVID-19 on the Market32. Global Wearable Heart Monitoring Devices Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Wearable Heart Monitoring Devices Market34. Recent Developments in the Wearable Heart Monitoring Devices Market
5. Global Wearable Heart Monitoring Devices Growth Analysis and Strategic Analysis Framework
6. Wearable Heart Monitoring Devices Market Segmentation
7. Wearable Heart Monitoring Devices Market Regional and Country Analysis
8. Asia-Pacific Wearable Heart Monitoring Devices Market
9. China Wearable Heart Monitoring Devices Market
10. India Wearable Heart Monitoring Devices Market
11. Japan Wearable Heart Monitoring Devices Market
12. Australia Wearable Heart Monitoring Devices Market
13. Indonesia Wearable Heart Monitoring Devices Market
14. South Korea Wearable Heart Monitoring Devices Market
15. Western Europe Wearable Heart Monitoring Devices Market
16. UK Wearable Heart Monitoring Devices Market
17. Germany Wearable Heart Monitoring Devices Market
18. France Wearable Heart Monitoring Devices Market
19. Italy Wearable Heart Monitoring Devices Market
20. Spain Wearable Heart Monitoring Devices Market
21. Eastern Europe Wearable Heart Monitoring Devices Market
22. Russia Wearable Heart Monitoring Devices Market
23. North America Wearable Heart Monitoring Devices Market
24. USA Wearable Heart Monitoring Devices Market
25. Canada Wearable Heart Monitoring Devices Market
26. South America Wearable Heart Monitoring Devices Market
27. Brazil Wearable Heart Monitoring Devices Market
28. Middle East Wearable Heart Monitoring Devices Market
29. Africa Wearable Heart Monitoring Devices Market
30. Wearable Heart Monitoring Devices Market Competitive Landscape and Company Profiles
31. Wearable Heart Monitoring Devices Market Other Major and Innovative Companies
35. Wearable Heart Monitoring Devices Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
Wearable Heart Monitoring Devices Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on wearable heart monitoring devices market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase:
- Gain a truly global perspective with the most comprehensive report available on this market covering 15 geographies.
- Assess the impact of key macro factors such as conflict, pandemic and recovery, inflation and interest rate environment and the 2nd Trump presidency.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for wearable heart monitoring devices ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The wearable heart monitoring devices market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- the market characteristics section of the report defines and explains the market.
- the market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- the forecasts are made after considering the major factors currently impacting the market. These include:
- the forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- the regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- the competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- the trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) by Device Type: Diagnostic and Monitoring Devices; Therapeutic Devices2) by Product Type: Electric Pulse-Based Product; Optical Technology-Based Product
3) by Distribution Channel: Pharmacies; Online Channels; Hypermarkets
4) by Application: Sports and Fitness; Remote Patient Monitoring; Home Healthcare
Subsegments:
1) by Diagnostic and Monitoring Devices: ECG Monitors; Heart Rate Monitors; Pulse Oximeters; Wearable Holter Monitors; Smartwatches With Heart Monitoring Features2) by Therapeutic Devices: Wearable Defibrillators; Cardiac Pacemakers; Wearable Therapeutic Monitors
Key Companies Mentioned: Medtronic plc; Royal Philips; Boston Scientific Corporation; Johnson & Johnson Private Limited; Beurer GmbH
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
Some of the major companies featured in this Wearable Heart Monitoring Devices market report include:- Medtronic plc
- Royal Philips
- Boston Scientific Corporation
- Johnson & Johnson Private Limited
- Beurer GmbH
- Chinese Ogawa Smart Healthcare Technology Group Co.Ltd.
- Polar Electro Oy
- Garmin Ltd.
- Abbott India Ltd.
- GE HealthCare Technologies Inc.
- Biotronik SE & Co KG
- Asahi Kasei Corporation
- MicroPort Scientific Corporation
- Nihon Kohden Corporation
- SCHILLER AG
- BPL Medical Technologies Pvt. Ltd.
- AliveCor Inc.
- Bardy Diagnostics Inc.
- BioTelemetry Inc.
- Cardiac Insight Inc.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 200 |
Published | February 2025 |
Forecast Period | 2025 - 2029 |
Estimated Market Value ( USD | $ 2.69 Billion |
Forecasted Market Value ( USD | $ 4.59 Billion |
Compound Annual Growth Rate | 14.3% |
Regions Covered | Global |
No. of Companies Mentioned | 20 |