There has been an increasing interest in telemonitoring thanks to the availability of new technologies for data transmission and processing with better performances and lower costs. In this paper, we try to develop and implement the HRV signal processing into a Field Programmable Gate Array (FPGA). The hardware implementing algorithm was developed in Verilog Hardware Description Language (HDL). In designed hardware, after defining the number of samples in the input, we extract and analyses the Triangular Phase Space Mapping (TPSM), a novel method for representation of heart rate. The performance of the system was tested using MATLAB and validated based on the input signals.