Fitness trackers

Fitness Tracker Market Size Will Reach Around US$159.74 Billion By 2030 | Increasing sports activities worldwide to explode market growth, reports Growth Plus

Growman Research and Consulting Pvt Ltd.

Fitness Trackers Market By Type (Smart Watches, Smart Glasses, Fitness Bands & Smart Wearables), By Application (Heart Rate Monitoring, Blood Pressure Monitoring, Oxygen Levels Monitoring, Sleep Monitoring , Calorie Counting, Distance Tracking and Glucose Monitoring), by Distribution Channel (Online Sales and Retail Sales) – Global Insights and Forecasts 2022-2030

Pune, Aug. 04, 2022 (GLOBE NEWSWIRE) — The Global fitness tracker market is should clock ~$159.74 billion by 2030due to increased health awareness among the population and rising healthcare costs, says Growth Plus Reports.

Growth engines

The global fitness tracker market is witnessing significant growth owing to increased health awareness among the general population and surge in participation in sports activities. Adding fitness tracking features in smartwatches has increased its demand tremendously over the years. In addition, rising healthcare expenditure per capita, increased investment in advanced technologies by many key players, such as advances in materials used in the production of fitness trackers to improve product performance; and improved healthcare infrastructure is expected to drive the global fitness tracker market.

The global fitness tracker market has been analyzed from four different angles: type, application, distribution channel and region.

Request a sample copy of the research report: https://growthplusreports.com/inquiry/request-sample/fitness-trackers-market/7743

Report Scope and Segmentation:

Report cover

Details

Market size in 2021

~$37.43 billion

Revenue forecasts in 2030

~$159.74 billion

Rate of growth

CAGR of ~17.5% from 2022 to 2030

Base year for the estimate

2021

Forecast period

2022-2030

Segments Covered

Type, application, distribution channel

Regional scope

North America, Europe, Asia-Pacific and Rest of the World (ROW)

Excerpts from ‘Segmentation by Type’

Based on Type, the Global Fitness Tracker Market has been segmented into:

  • Connected watches

  • Smart Glasses

  • fitness bands

  • Smart clothes

It has been analyzed that the smartwatch segment is dominating the fitness tracker market owing to its numerous benefits such as offering crucial health metrics and disease-related information. This information helps medical professionals overcome obstacles such as determining how a new treatment would affect a patient or continuously tracking a patient’s recovery from surgery. On the other hand, smart clothes and smart glasses are expected to show moderate growth over the forecast period. Although these devices have very advanced techniques to detect heartbeat, pulse, etc., their adoption is relatively low compared to smartwatches. While the fitness bands segment has grown over the years due to the low cost of these devices and continuous feature development.

Excerpts from ‘Segmentation by region’

The Global Fitness Trackers Market has been segmented into:

  • North America

  • Europe

  • Asia Pacific

  • Rest of the world

With the rising prevalence of chronic diseases in countries like the United States and Canada, North America is expected to become the dominant region in the global fitness tracker market. The presence of major market players in these countries is also expected to contribute to the growth of the North American fitness tracker market.

As smart devices are accepted by various demographic groups in Western Europe, Europe is expected to provide favorable growth opportunities for the global fitness tracker market.

In the Asia-Pacific region, the global fitness tracker market is expected to grow strongly as the demand for fitness tracker products increases among the younger population in countries like India. Additionally, an increase in disposable income and e-commerce penetration is responsible for the growth of the market.

Browse the full report here: https://growthplusreports.com/report/fitness-trackers-market/7743

Excerpts from “Competitive Landscape”

Leading players operating in the global fitness tracker market are:

  • Garmin Ltd.

  • Apple Inc.

  • Fitbit Inc. (Google)

  • Nike Inc.

  • Casio Computer Co.Ltd

  • Xiaomi Corp.

  • Adidas Inc.

  • Samsung Group

  • Hexoskin

  • Catapult

  • Among others

Contents:

  1. INTRODUCTION

    1. Market ecosystem

    2. Schedule under study

      1. Historical years – 2020

      2. Base year – 2021

      3. Planned years – 2022 to 2030

    3. Currency used in the report

  2. RESEARCH METHODOLOGY

    1. Research approach

    2. Data collection methodology

    3. Information source

      1. Secondary sources

      2. Primary sources

    4. Market estimation approach

      1. From bottom to top

      2. From top to bottom

    5. Market Forecast Model

    6. Limits and assumptions

  3. PREMIUM OVERVIEW

    1. Current market trend (COVID-19 outlook)

    2. Key players and competitive positioning (2021)

  4. MARKET DYNAMICS

    1. Drivers

    2. Constraints

    3. Opportunities

  5. GLOBAL FITNESS TRACKER MARKET – ANALYSIS AND FORECAST, BY DEVICE TYPE

    1. Connected watches

    2. Smart Glasses

    3. fitness bands

    4. Smart clothes

    5. Others

To be continued…

VALUE PROPOSITIONS RELATED TO THE REPORT:

  • Fueled by free analyst hours and expert interviews with every report

  • Comprehensive quantitative and qualitative information at segment and sub-segment level

  • Trends and perspectives of the impact of Covid 19

  • Granular information at global/regional/country level

  • In-depth insights into market dynamics (drivers, restraints, opportunities) and business environment

  • Global coverage of the competitive landscape

  • Winning imperatives

  • Comprehensive coverage of “strategic developments” recorded by major market players

CUSTOMIZATION OPTIONS:

  • Distributor Landscape Assessment

  • Pricing Information

  • Customer evaluation

  • Analysis of investments and initiatives

  • ‘Company Profile’ of key players

Request customization of this research report to: https://growthplusreports.com/inquiry/customization/fitness-trackers-market/7743

About Us:

Growth+Reports is part of GRG Health, a global healthcare knowledge services company. We are proud members of the EPhMRA (European Pharmaceutical Marketing Research Association).

The Growth+ portfolio of services leverages our core capabilities in secondary and primary research, market modeling and forecasting, benchmarking, analysis and strategy formulation to help clients create scalable and game-changing solutions. that prepare them for future growth and success.

We have been recognized by the prestigious CEO Magazine as “The Most Innovative Market Research Company in the Healthcare Market of 2020.

CONTACT: Manan Sethi Director, Market Insights Email: [email protected] Phone no: +91 96545 76783 Web: https://growthplusreports.com/