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Fitness Tracker Global Market Report 2022: Increasing Incidence of Health Disorders Drives Growth - ResearchAndMarkets.com

Fitness Tracker Global Market Report 2022: Increasing Incidence of Health Disorders Drives Growth - ResearchAndMarkets.com

By AP News
Published - Oct 05, 2022, 05:18 AM ET
Last Updated - Jun 24, 2023, 04:15 AM EDT

DUBLIN--(BUSINESS WIRE)--Oct 5, 2022--

The "Fitness Tracker Global Market Report 2022" report has been added to ResearchAndMarkets.com's offering.

The global fitness tracker market is expected to grow from $31.80 billion in 2021 to $38.34 billion in 2022 at a compound annual growth rate (CAGR) of 20.5%. The fitness tracker market is expected to grow to $78.35 billion in 2026 at a CAGR of 19.6%.

North America was the largest region in the fitness tracker market in 2021. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the fitness tracker market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

The increasing incidence of health disorders is expected to propel the growth of the fitness tracker market going forward. A health disorder refers to a condition that has known physical causes and visible psychopathology. With a fitness tracker, there will be physical activity every day, which helps in preventing various health disorders. For instance, in 2020, according to the World Health Organization, a US-based government agency, chronic disease prevalence is expected to rise by 57%. Therefore, the increasing incidence of health disorders is driving the growth of the fitness tracker market.

Technological advancement is a key trend gaining popularity in the fitness tracker market. Major companies operating in the fitness tracker market are engaging in technological advancements to sustain their position in the market. For instance, in April 2021, Fitbit, a US-based consumer electronics and fitness company that is operating in the fitness tracker market, launched Fitbit Luxe, a fashion-forward health and wellness tracker with the fundamentals like heart and sleep tracking, breathing rate, stress management, and other such features. It added a touch of luxury with a stainless steel case and colour AMOLED display technology. It has a blood oxygen sensor and keeps track of stress with a daily stress score, sleep, heart rate, steps, active zone minutes, and 50-meter water resistance.

Scope

Markets Covered:

1) By Device Type: Smart Watches; Fitness Band; Smart Glasses; Smart Clothing; Other Device Types

2) By Application: Heart Rate Tracking; Sleep Measurement; Glucose Measurement; Sports; Running; Cycling Tracking

3) By Distribution Channel: Online; Retail; Other Distribution Channel

Key Topics Covered:

1. Executive Summary

2. Fitness Tracker Market Characteristics

3. Fitness Tracker Market Trends And Strategies

4. Impact Of COVID-19 On Fitness Tracker

5. Fitness Tracker Market Size And Growth

6. Fitness Tracker Market Segmentation

7. Fitness Tracker Market Regional And Country Analysis

8. Asia-Pacific Fitness Tracker Market

9. China Fitness Tracker Market

10. India Fitness Tracker Market

11. Japan Fitness Tracker Market

12. Australia Fitness Tracker Market

13. Indonesia Fitness Tracker Market

14. South Korea Fitness Tracker Market

15. Western Europe Fitness Tracker Market

16. UK Fitness Tracker Market

17. Germany Fitness Tracker Market

18. France Fitness Tracker Market

19. Eastern Europe Fitness Tracker Market

20. Russia Fitness Tracker Market

21. North America Fitness Tracker Market

22. USA Fitness Tracker Market

23. South America Fitness Tracker Market

24. Brazil Fitness Tracker Market

25. Middle East Fitness Tracker Market

26. Africa Fitness Tracker Market

27. Fitness Tracker Market Competitive Landscape And Company Profiles

28. Key Mergers And Acquisitions In The Fitness Tracker Market

29. Fitness Tracker Market Future Outlook and Potential Analysis

30. Appendix

Companies Mentioned

  • Fitbit Inc.
  • Apple Inc.
  • Garmin Ltd.
  • Google LLC (Alphabet Inc.)
  • Huawei Technologies Co. Ltd. (Huawei)
  • NIKE Inc.
  • Samsung Electronics Co. Ltd.
  • Xiaomi Inc.
  • Adidas Inc.
  • Jawbone
  • Polar
  • Beienda
  • Ambiotex GmbH
  • Hexoskin
  • Fossil Group Inc.
  • TomTom N.V.

For more information about this report visit https://www.researchandmarkets.com/r/8bfuz5

View source version on businesswire.com:https://www.businesswire.com/news/home/20221005005420/en/

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SOURCE: Research and Markets

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