DUBLIN--(BUSINESS WIRE)--The "Global Cardiac Rehabilitation Market Size, Share & Industry Trends Analysis Report By Product (Treadmill, Elliptical Trainer, Rower, Stabilization Ball, Heart Rate Monitor, Blood Pressure Monitor), By End User, By Disease Type, By Regional Outlook and Forecast, 2022 - 2028" report has been added to ResearchAndMarkets.com's offering.
The Global Cardiac Rehabilitation Market size is expected to reach $2.4 billion by 2028, rising at a market growth of 5.3% CAGR during the forecast period.
Cardiac rehabilitation consists of three equally significant components, such as stress management counselling, information about healthy heart living, and exercise counselling and training. Cardiovascular rehabilitation aids in locating common stressors. The best aspect of recovery after a heart attack or other heart condition is cardiac rehabilitation. It can aid in the development of heart-healthy behaviours and helps to prevent major heart attacks.
Cardiac rehabilitation provides several health advantages, including alleviating heart disease symptoms like chest discomfort and reducing further illness and heart disease-related fatalities. Programs for cardiac rehabilitation concentrate on blood pressure control, diabetes control, exercise instruction, and physical activity guidance. Cardiac rehabilitation improves quality of life while lowering medical expenses.
One of the key elements driving the growth of the cardiac rehabilitation market is the rise in popularity of e-cardiology and e-health. Additionally, the industry has developed new strategies and partnerships thanks to the medical device sector in order to meet the pandemic's urgent needs. For instance, more than 868,000 Americans died from heart disease in 2022, while more than 34.2 people per 100,000 population perished from diabetes, according to statistics examined on January 10 by the Centers for Disease Control and Prevention.
As a result, the prevalence of cardiovascular disorders is rising, which raises the demand for handheld monitoring devices and is expected to support the market for cardiac rehabilitation. Among the key market trends for cardiac rehabilitation include a rise in government funding for the management of heart disorders and an increased demand for efficient preventative measures. Additional major competitors that contribute to the market's expansion are Baxter International Inc., Philips N.V., Smits Group, and Life Fitness. These companies offer cardiac rehabilitation equipment.
Market Growth Factors
Increasing Geriatric Population And Growing Incidences Of Numerous Cardiovascular Diseases
The market for cardiac rehabilitation is reportedly being driven by an increase in the elderly population and the corresponding rise in cardiovascular disorders.
The development of the cardiac rehabilitation market is further fueled by the infrastructural improvements done in numerous healthcare sectors across different nations. Along with this, there has been an increase in government initiatives to address issues like the difficulty in finding equipment and gadgets at reasonable rates and the incidence of certain cardiovascular diseases.
Growing Awareness Among People Along With The Changing Lifestyle
Old habits are difficult to break, but poor food habits and a sedentary lifestyle may exacerbate heart issues. Cardiovascular disease, which arises as a result of unhealthy weight, inadequate stress management, and smoking, accounts for about a significant percentage of all fatalities worldwide.
Cardiovascular rehabilitation shows patients how to manage such risk factors and enhance their long-term heart health. There are many people who are adopting active lifestyle and are visiting cardiac rehabilitation centers to improve their heart health.
Market Restraining Factors
Cost Of Cardiac Rehabilitation Equipment Has Increased
The difficulty in obtaining Cardiac Rehabilitation devices & equipment from the numerous hospitals and clinics is the market's main issue. Despite the market for cardiac rehabilitation having had significant expansion, it is anticipated that these characteristics, together with the high cost of installing the equipment and technologies used in cardiac rehabilitation, is expected to provide challenges to the market. Along with that, there are many rehab centers which do not have enough budget to deploy better and advanced equipment range.
Scope of the Study
Market Segments Covered in the Report:
By Product
- Treadmill
- Elliptical Trainer
- Rower
- Stabilization Ball
- Heart Rate Monitor
- Blood Pressure Monitor
- Others
By End User
- Rehab Centres
- Hospitals
- Clinics
- Others
By Disease Type
- Coronary Artery Disease
- Percutaneous Coronary Intervention
- Myocardial Infarction
- Coronary Artery Bypass Grafting
- Others
By Geography
- North America
- US
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
- LAMEA
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Technogym S.p.A.
- Johnson Health Tech. Co., Ltd.
- Omron Corporation
- Koninklijke Philips N.V.
- Baxter International, Inc.
- Halma PLC
- ICU Medical, Inc. (Smiths Medical)
- General Electric (GE) Co. (GE Healthcare)
- Life Fitness
- Core Health & Fitness, LLC
For more information about this report visit https://www.researchandmarkets.com/r/mbo7k9
