Allied Market Research published a report, titled, “Cardiac Rehabilitation Market by Product (Elliptical Trainer, Stabilization ball, Treadmill, Heart rate monitor, Blood pressure monitor, Rower, Others), by Disease Type (Percutaneous Coronary Intervention, Myocardial Infarction, Coronary Artery Bypass Grafting, Coronary Artery Disease, Others), by End User (Rehab Centers, Hospitals, Clinics, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031″. According to the report, the global cardiac rehabilitation industry was estimated at $1.97 billion in 2021, and is anticipated to hit $3.24 billion by 2031, registering a CAGR of 5.1% from 2022 to 2031. The report offers an explicit analysis of the changing market trends, top segments, key investment pockets, value chain, competitive scenario, and regional landscape. The market study is exclusively meant to help the readers with a complete valuation of industry analysis and trends.
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Pre-determinant of growth-
Increase in the prevalence of cardiovascular diseases along with surge in demand for minimally invasive surgeries drives the growth of the global cardiac rehabilitation market. Moreover, rise in the incidence of diabetes and obesity which are known to cause heart diseases has led to the development of new preventive equipment by the large number of key players, which has supplemented the market growth even more. At the same time, the growing number of new product launches by the frontrunners in the sector has created multiple opportunities in the industry.
Covid-19 scenario-
- Government restrictions related to the pandemic were directed to nonessential healthcare services including non-urgent outpatient appointments. Thus, to combat the situation, health professionals and physical & rehabilitation medicine specialists were recommended to provide all of the cardiac rehabilitation programs virtually.
- The lockdown also led to shutdown of the most rehab centers across the world, impeding the growth of the cardiac rehabilitation market. However, the market has started recovering at a swift pace.
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Key players in the industry-
- Life Fitness
- GE Healthcare
- Baxter
- Smiths Group
- Koninklijke Philips N.V.
- Halma plc.
- Johnson Health Tech.
- Technogym
- Omron Corporation
- Core Health & Fitness, LLC
Scope of the Report: –
Report Attribute |
Details |
Revenue forecast in 2031 |
$ 3.24 billion |
Growth rate |
CAGR of 5.1% from 2022 to 2031 |
Forecast period |
2022 – 2031 |
Report coverage |
Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
Regional scope |
North America, Europe, Asia Pacific, Latin America, MEA |
Country scope |
U.S., Canada, Germany, U.K., France, Italy, Spain, Japan, China, India, South Korea, Australia, Brazil, Mexico, South Africa, Saudi Arabia |
Key companies profiled |
Baxter International Inc., Core Health & Fitness, LLC, GE Healthcare, Halma Plc, Johnson Health Tech, Koninklijke Philips N.V, Life Fitness, Omron Corporation, Smith Group, and Technogym. Access Table PDF |
Key Market Segments
- Product
- Elliptical Trainer
- Stabilization ball
- Treadmill
- Heart rate monitor
- Blood pressure monitor
- Rower
- Others
- Disease Type
- Percutaneous Coronary Intervention
- Myocardial Infarction
- Coronary Artery Bypass Grafting
- Coronary Artery Disease
- Others
- End User
- Rehab Centers
- Hospitals
- Clinics
- Others
- By Region
- North America
- U.S. cardiac rehabilitation market
- Canada cardiac rehabilitation market
- Mexico cardiac rehabilitation market
- Europe
- Germany cardiac rehabilitation market
- France cardiac rehabilitation market
- U.K. cardiac rehabilitation market
- Italy cardiac rehabilitation market
- Spain cardiac rehabilitation market
- Rest of Europe
- Asia-Pacific
- Japan cardiac rehabilitation market
- China cardiac rehabilitation market
- Australia cardiac rehabilitation market
- India cardiac rehabilitation market
- South Korea cardiac rehabilitation market
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Saudi Arabia
- South Africa
- Rest of LAMEA
- North America
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