Which is the most low-cost high-quality heart rate monitoring open source hardware and software device for clinical and research applications?

The Institute for Intelligent Systems Research and Innovation, Deakin University, Waurn Ponds, VIC 3216, Australia used a gtec medical device with 64 channels which costs more than 50 000 USD to validate the accuracy of the Polar OH1: https://journals.plos.org/plosone/article?id=10.1371/journal.pone.0217288 and published a paper in PLOS ONE about it. No follow up papers followed in higher …