Cardiac Rehabilitation Devices Market Overview
Cardiac rehabilitation is the process of nursing a patient back to full or optimal fitness following a diagnosis of cardiovascular disease, a heart attack, or a stroke. In most cases, these exercise regimens are created by a trained or knowledgeable professional. The regime constantly monitors the patients’ vital signs. By 2023, the global cardiac rehabilitation devices market is expected to grow at a 6.20 percent cagr during the forecast period to reach USD 2.83 billion.
Request Free Sample Copy @ https://www.marketresearchfuture.com/sample_request/2069
Cardiac Rehabilitation Devices Market Dynamics
With an increasing number of people becoming accustomed to cardiac disease, cardiac rehabilitation programs and devices have grown in popularity. The rising prevalence of cardiovascular disease, the increasing adoption of tele-cardiac rehabilitation to overcome time, distance, and cost barriers, and the growing popularity of e-cardiology and e-health are the primary factors driving the cardiac rehabilitation market. Additionally, the growing geriatric population, an unhealthy lifestyle, and other heart-related problems all contribute to the growth of cardiac rehabilitation devices. Additionally, growing concerns about heart disease among the geriatric population and the need to improve physiological well-being by reducing stress levels are expected to boost market growth. Additionally, technological advancements and the development of new cardiac devices are likely to open up new opportunities for the market’s major players.
Additionally, increased investment by key players, increased consumer awareness, lifestyle changes, increased healthcare spending, and improved healthcare infrastructure all have a positive effect on the cardiac rehabilitation market. Additionally, the expansion of treatment facilities and growing awareness create lucrative opportunities for cardiac rehabilitation market players over the forecast period. Government support, high rates of heart attacks, and technological advancements aimed at improving population health all contribute to the cardiac rehabilitation market’s growth. The changing lifestyles of excessive alcohol consumption, smoking, and unhealthy eating habits, the rising prevalence of lifestyle-related diseases such as cardiovascular disease, diabetes, and obesity, and the increased number of research and development activities all have an effect on the cardiac rehabilitation market.
However, factors such as stringent government regulations, the high cost of installing and maintaining cardiac rehabilitation devices, and the high cost of medical surgery, among others, may limit the market’s growth.
Cardiac Rehabilitation Devices Market Segmental Analysis
The global market for cardiac rehabilitation devices is segmented by phases, patient type, device type, and end user.
The market is segmented into three phases: phase I, phase II, and phase III.
The global market for cardiac rehabilitation devices is segmented by patient type into coronary artery bypass grafting, percutaneous coronary intervention, coronary artery disease, and myocardial ischemia.
The market is segmented by type into outpatient and inpatient.
The market is segmented according to device type into ellipticals, blood pressure monitors, and heart rate monitors.
The market is segmented by end user into rehab & specialty centers and hospitals & clinics.
Cardiac Rehabilitation Devices Market Regional Overview
The global market for cardiac rehabilitation devices has been segmented geographically into North America, Europe, Asia-Pacific, and the Middle East and Africa.
According to MRFR analysis, the Americas dominated the cardiac rehabilitation device market in 2017 and is expected to continue to do so throughout the review period. North America is the most developed region in the world in terms of healthcare, owing primarily to the growth of the US healthcare system. Due to the increased adoption of novel technologies by the US population and the increased focus on reducing the burden of heart disease, there is an increasing demand for cardiac rehabilitation in the United States, which contributes to the market’s growth. Similarly, the Canadian government is concentrating its efforts on a variety of initiatives aimed at combating heart disease and lowering mortality. In the fight against cardiac diseases, rehabilitation is gaining traction among those who have had cardiac disease or surgery. Due to the presence of key players and the high rate of cardiac rehab adoption, this region currently holds the largest share of the market studied and is expected to maintain this position over the forecast period.
Europe accounted for a sizable portion of the market and is expected to remain the second-largest during the forecast period. The rising prevalence of cardiovascular diseases and obesity in Europe are propelling the region’s cardiac rehabilitation devices market.
Cardiac Rehabilitation Devices Market Competitive Dynamics
The notable players of the market are Brunswick Corporation (Rosemont, Illinois), Core Health & Fitness LLC (Calgary, Alberta), Amer Sports (Helsinki, Finland), OMRON Corporation (Japan), Honey well International Inc. (Morris Plains, New Jersey), The ScottCare Corporation (US), BioTelemetry Inc. (Malvern, PA), Schiller (US), LSI (US), Ergoline GmbH (UK), Scifit (Brunswick, US), Ball Dynamics International LLC, Core Health & Fitness LLC, Philips, Smiths Group, Halma plc., LifeWatch AG, Patterson Companies Inc.
Table Of contents
1 Executive Summary
2 Market Introduction
2.1 Scope Of The Study 18
2.2 Research Objective 18
2.3 List Of Assumptions 19
3 Research Methodology
3.1 Research Process 20
3.2 Primary Research 21
3.3 Secondary Research 22
3.4 Market Size Estimation 23
4 Market Dynamics
4.1 Introduction 24
4.2 Drivers 24
4.2.1 Rising Prevalence Of Cardiac Diseases 24
4.2.2 Adoption Of Unhealthy Lifestyle 25
4.2.3 Increasing Geriatric Population 25
4.3 Restraints 25
4.3.1 High Cost Of Cardiac Rehabilitation Devices 25
4.3.2 Stringent Government Regulations 25
4.4 Opportunities 26
4.4.1 Technological Advancements 26
4.4.2 Entering Untapped Markets 26
5 Market Factor Analysis
5.1 Value Chain Analysis 27
5.1.1 R&D And Product Development 27
5.1.2 Manufacturing 27
5.1.3 Distribution & Sales 28
5.1.4 Post-Sales Monitoring 28
5.2 Porter’s Five Forces Analysis 29
5.2.1 Bargaining Power Of Suppliers 30
5.2.2 Bargaining Power Of Buyers 30
5.2.3 Threat Of New Entrants 30
5.2.4 Threat Of Substitutes 30
5.2.5 Intensity Of Rivalry 30
5.3 Reimbursement Scenarios 31
5.4 Macroeconomic Indicators 31
6 Cardiac Rehabilitation Devices Market, By Phase
6.1 Introduction 33
6.2 Phase II 35
6.3 Phase I 35
6.4 Phase III 36
Browse Complete Report @ https://www.marketresearchfuture.com/reports/cardiac-rehabilitation-devices-market-2069
More Trending Report Available!!
About Market Research Future:
Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis with regard to diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.
Market Research Future
+1 628 258 0071(US)
+44 2035 002 764(UK)