The Global Cardiac Rehabilitation Devices Market has been evaluated as rapidly growing market and it is expected that the market will continue to grow similarly in the near future. Cardiac rehabilitation includes the techniques, therapies and exercises which are useful for the patients who as just been through cardiac disorders or heart related problems. Cardiac rehabilitation helps patients improve their health and assists in regularizing the physical conditions that are affected during the coronary disorders.
The Global Cardiac Rehabilitation Devices Market is growing continuously and expected to reach USD ~1.2 Billion by the end of 2022.
Cardiac rehabilitation can improve the life quality by reducing cardiac symptoms, providing benefits like long term survival, weight loss, improved cholesterol levels, improved blood pressure, lower blood sugar levels, and reduced stress levels. According to our studies, more than 40 million Americans with heart disease are above age 65. As the age affects the body, traditional fitness regimes and equipment does not meet the requirements of the heart patients. While the cardiac rehabilitation devices provide patients with access to safe, full body cardiovascular exercise.
Some of the equipment also assist people with limited mobility to work on their upper and lower body simultaneously. Rise in the awareness about the cardiovascular diseases, exercises and rehab programs for the heart patients in the developing nations has boosted the growth of the cardiac rehabilitation devices market.
Rise in the geriatric population, rise in the number of incidences of coronary diseases and number of deaths due to heart attacks, increase in fitness expenditure of people are some of the factors which boost the demand of the cardiac rehabilitation devices including the recumbent cross trainers, treadmills, and ellipticals. However, the factors such as high initial investment for the equipment can hamper the growth of the cardiac rehabilitation devices globally.
Cardiac Rehabilitation Devices Market – Key Players
Some of the key players in The Cardiac Rehabilitation Devices Market are Life Watch AG, Core Health and Fitness LLC, Amer Sports, Ball Dynamics International, LLC, Mortara Instrument, Vonco Medical, The ScottCare Corporation, and others.
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Cardiac Rehabilitation Devices Market – Segmentation
Cardiac rehabilitation devices market has been segmented on the basis of type which comprises of recumbent cross trainer, treadmill, elliptical, stationary bicycle, training balls, heart rate monitors, blood flow monitors, and others. On the basis of end user, market is segmented into hospitals, clinic, cardiac care centers, rehab centers, and others.
Cardiac Rehabilitation Devices Market – Regional Analysis
The North American cardiac rehabilitation devices market is a growing market in the Americas region. North America is segmented into the U.S. and Canada. Increasing number of older population and the increasing prevalence of cardiovascular rates are likely to enhance the growth of the cardiac rehabilitation devices market. Additionally, growing healthcare expenditure, increase in a number of approvals for cardiovascular devices, and the increasing demand for technologically advanced treatments and products along with the rising government support are likely to enhance the growth of the cardiac rehabilitation devices market in North America. According to the American Heart Association, one in every three deaths in the U.S. was due to cardiovascular disorder, in 2014. Similarly, cardiovascular disorders had claimed over 801,000 lives in 2014 in the U.S.
Europe is the second largest market and holds a healthy share in the global cardiac rehabilitation devices market. The European market is expected to grow during the forecast period owing to the availability of newer and advanced treatment facilities and healthcare expenditure along with the growing need for better healthcare infrastructure. Furthermore, rising cardiovascular rates, along with the increasing population inclined towards sedentary lifestyle are driving the growth of the cardiac rehabilitation devices market. According to the European Heart Network, there were 11.3 million cardiovascular disorder cases in Europe, in 2015. For instance, Eurostat estimated that over 19.2% of the population in Europe was aged 65 and above. This rising older population is likely to lead to rising patient population which will enhance the growth of the cardiac rehabilitation devices market in Europe.
Asia Pacific is expected to be the fastest growing market. Increasing prevalence of chronic diseases is the major driver for the market growth. China is the fastest growing region owing to an increasing population leading to an increase in patient population. Rising awareness about the health and availability of new treatment methods drive the market in this region. Rising healthcare expenditure and rise in the standard of living are driving the growth of the cardiac rehabilitation devices market in the Asia Pacific region.
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The Middle East and Africa is expected to show the least growth in the market due to some major factors such as lack of awareness and weak healthcare industry scenario. In the Middle East, the United Arab Emirates is the largest market owing to the development of the healthcare industry and rising availability of specialty care centers.
Major Table of Content
Chapter 1. Report Prologue
Chapter 2. Market Introduction
2.2 Scope of the Study
2.2.1 Research Objective
Chapter 3. Research Methodology
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
Chapter 4. Market Dynamics
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