Global Cardiac Rehabilitation Market, By Products (Elliptical Trainer, Stabilization Ball, Stationery Bicycle, Treadmill, Rower, Heart Rate Monitor, Blood Pressure Monitor, Others), End-Users (Home Care, Specialty Centers, Rehabilitation Centers, Hospitals and Clinics), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Cardiac Rehabilitation Market
The cardiac rehabilitation market is expected to gain market growth in the forecast period of 2021 to 2028. Data bridge market research analyses that the market is growing with the CAGR of 6.12% in the forecast period of 2021 to 2028 and is expected to reach USD 2.68 billion by 2028. The growing technological innovations and advancements are escalating the growth of cardiac rehabilitation market.
Cardiac rehabilitation refers to as the training or exercise regime through which a patient who has suffered from cardiovascular disease or has undergone a heart attack or stroke can be nursed back to full or optimal fitness. These exercise regimes are generally set by a trained or knowledgeable professional. The vital signs of the patients are constantly monitored under the regime.
The increase in rate of cardiovascular cases among people, the rising adoption of tele-cardiac rehabilitation to minimize barriers of time, distance and cost and growing popularity of e-cardiology and e-health are the major factors driving the cardiac rehabilitation market. The supportive government interventions, high incidences of heart attacks and technological advancement to improve health of population accelerate the cardiac rehabilitation market growth. The change in lifestyle such as excessive alcohol consumption, smoking and unhealthy diet habits causing heart problems, rising incidence of lifestyle-associated diseases such as cardiovascular diseases, diabetes and obesity and the increase in number of research and development activities influence the cardiac rehabilitation market. Additionally, increase in investment by key players, growth in awareness among consumers, change in lifestyle, raise in healthcare expenditure and improving healthcare infrastructure positively affect the cardiac rehabilitation market. Furthermore, enhancement in treatment facilities and growing awareness extend profitable opportunities to the cardiac rehabilitation market players in the forecast period of 2021 to 2028.
On the other hand, high cost of purchasing the equipment and devices in cardiac rehabilitation along with the cost of maintenance of these devices is expected to obstruct the cardiac rehabilitation market growth. Lack in awareness and limited skilled professionals are projected to challenge the cardiac rehabilitation market in the forecast period of 2021 to 2028.
This cardiac rehabilitation market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on cardiac rehabilitation market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Cardiac Rehabilitation Market Scope and Market Size
The cardiac rehabilitation market is segmented on the basis of products and end-users. The growth amongst these segments will help you analyze meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of products, the cardiac rehabilitation market is segmented into elliptical trainer, stabilization ball, stationery bicycle, treadmill, rower, heart rate monitor, blood pressure monitor and others.
- On the basis of end-users, the cardiac rehabilitation market is segmented into home care, specialty centers, rehabilitation centers and hospitals and clinics.
Global Cardiac Rehabilitation Market Country Level Analysis
The cardiac rehabilitation market is analyzed and market size insights and trends are provided by country, products and end-users as referenced above.
The countries covered in the global cardiac rehabilitation market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the cardiac rehabilitation market because of the increasing prevalence of cardiovascular disease including hypertension, stroke and coronary heart conditions in the region. Asia-Pacific is expected to witness the highest CAGR in the forecast period of 2021-2028 because of the growing infrastructure and adoption of technological innovations, rise in the number of health and fitness conscious people and growing geriatric population in the region.
The country section of the cardiac rehabilitation market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
The cardiac rehabilitation mar cardiac rehabilitation market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for cardiac rehabilitation market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on cardiac rehabilitation market. The data is available for historic period 2011-2019.
Competitive Landscape and Cardiac Rehabilitation Market Share Analysis
The cardiac rehabilitation market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to cardiac rehabilitation market.
The major players covered in the cardiac rehabilitation market report are Core Health & Fitness, LLC, Honeywell International Inc., LifeWatch, OMRON Corporation, Koninklijke Philips N.V., Amer Sports, Smiths Group plc, Halma plc, Welch Allyn, BRUNSWICK CORPORATION, Avecinna Company, Medicalgorithmics, The ScottCare Corporation, NuStep LLC, ergoline GmbH, Bittium and Moving Analytics, Inc. among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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