Cardiac Rehabilitation Devices Market
Cardiac
rehabilitation is a medically-managed program designed to improve
cardiovascular health. The patient suffering from heart failure, heart attack,
angioplasty, or heart surgery opts for CR programs.
The cardiac rehabilitation devices market is expected to reach USD
1,956.77 Million by 2030 at 5.60% CAGR during the forecast period 2022-2030.
The rising
prevalence of cardiac diseases, adoption of an unhealthy lifestyle and
increasing geriatric population are driving the growth of the global cardiac
rehabilitation devices market. However, the factor such as the high cost
of cardiac rehabilitation devices and stringent government regulations hinders
market growth.
Segment Analysis
By Device Type:
Elliptical trainer, Rower, Blood pressure monitor, Treadmill, Stabilization
ball, and Heart rate monitor are the gadget types that make up the worldwide
cardiac rehabilitation devices market.
By Phase: The
worldwide cardiac rehabilitation devices market is divided into three phases:
Phase I, Phase II, and Phase III.
By patient type:
Percutaneous coronary intervention, myocardial ischemia, coronary artery bypass
grafting, and coronary artery disease are the patient segments of the worldwide
cardiac rehabilitation devices market.
By End-user:
End-users in the worldwide cardiac rehabilitation devices market include rehab
centers, research centers, specialty centers, hospitals, and clinics.
Major Key
Players:
The global Cardiac Rehabilitation Devices Market
Players are Brunswick
Corporation(Rosemont, Illinois), Amer Sports (Helsinki, Finland), Core Health
& Fitness, LLC(Calgary, Alberta), Honey well International Inc.( Morris
Plains, New Jersey), OMRON Corporation (Japan), BioTelemetry, Inc(Malvern, PA),
The ScottCare Corporation (US), LSI (US), Schiller(US), Scifit (Brunswick) (US)
and ergoline GmbH (UK) as the key players in the global cardiac
rehabilitation devices market.
Regional
Analysis
Geographically, the cardiac rehabilitation devices market spans across
North America, Europe, Asia Pacific, and the Middle East and Africa.
Among all the regions, the North American region for cardiac
rehabilitation devices is predicted to hold the largest share owing to the
increasing geriatric population and rising prevalence of cardiovascular
diseases in this region. Moreover, increasing expenditure on healthcare, rising
demand for technologically advanced treatment, number of approvals for
cardiovascular diseases, and increasing government support are expected to
galvanize the market in this region during the forecast period.
Europe is estimated to hold the second largest position due to the
availability of advanced and newer treatment facilities along with expenditure
on healthcare. Moreover, rising population inclined towards sedentary lifestyle
along with growing prevalence of cardiovascular rates are some of the factors
fostering the market growth in this region. For instance, Eurostat estimated
that around 19.2 % of the European population was aged 65 +. The growing aged
population is likely to enhance the market in the coming years.
Asia Pacific is predicted to be the fastest growing market due to the
increasing prevalence of chronic diseases in this region. China is the fastest
growing region due to increasing patient population. Availability of new
treatment methods is expected to drive the market. On the other hand, the
Middle East and Africa are expected to show the least growth due to lack of
awareness and weak healthcare industry scenario.
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