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Cardiac Rehabilitation Market 2020 to Set Amazing Growth | Leading Players are Core Health & Fitness,Honeywell International, LifeWatch, OMRON Corporation; Koninklijke Philips N.V., Bittium and Moving Analytics
Cardiac Rehabilitation Market
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Market Analysis: Global Cardiac Rehabilitation Market
Global Cardiac Rehabilitation Market is expected to rise from its initial estimated value of USD 1.51 billion in 2018 to an estimated value of USD 2.38 billion by 2026, registering a CAGR of 5.88% in the forecast period of 2019-2026. This rise in market value can be attributed to the awareness and initiatives taken to tackle the burden of cardiovascular diseases.
Key Market Competitors: Global Cardiac Rehabilitation Market
Few of the major competitors currently working in the cardiac rehabilitation market 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.com; The ScottCare Corporation; NuStep LLC; ergoline GmbH; Bittium and Moving Analytics, Inc.
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Market Definition: Global Cardiac Rehabilitation Market
Cardiac rehabilitation can be defined as the training/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/optimal fitness. These exercise regimes are set by a trained/knowledgeable professional and the vital signs of the patients are constantly monitored under this regime.
Segmentation: Global Cardiac Rehabilitation Market
Cardiac Rehabilitation Market : By Products
Elliptical Trainer
Stabilization Ball
Stationery Bicycle
Treadmill
Rower
Heart Rate Monitor
Blood Pressure Monitor
Others
Cardiac Rehabilitation Market : By End-Users
Home Care
Specialty Centers
Rehabilitation Centers
Hospitals & Clinics
Cardiac Rehabilitation Market : By Geography
North America
Europe
Asia-Pacific
South America
Middle East and Africa
Key Developments in the Market:
In July 2018, Medicalgorithmics.com announced that they had received US FDA’s 510(K) clearance for their “PocketECG Cardiac Rehabilitation System (CRS)”.
In June 2016, Moving Analytics, Inc. announced that they had raised USD 1.1 million in funding for the expansion of their home-based cardiac rehabilitation solutions. The funding led by Launchpad Digital Health and HealthX Ventures will help Moving Analytics provide patients and customers specific solutions and products which will help in enrolling more cardiac rehabilitation rates.
Cardiac Rehabilitation Market Drivers:
Increasing levels of geriatric population and accompanying cardiovascular diseases with this set of population; this factor is expected to act as a driver for the market growth
Rising prevalence and burden of cardiovascular diseases globally is one of the major factors for the growth of the market
Cardiac Rehabilitation Market Restraints:
High cost of purchasing the equipment and devices in cardiac rehabilitation along with the cost of maintenance of these devices; this factor is expected to act as a restraint to the market growth
Reasons to Purchase this Report:
Current and future of global cardiac rehabilitation market outlook in the developed and emerging markets
The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
Regions/Countries that are expected to witness the fastest growth rates during the forecast period
The latest developments, market shares, and strategies that are employed by the major market players
Customization of the Report:
All segmentation provided above in this report is represented at country level
All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)
Cardiac Rehabilitation Market analysis report offers strategic & tactical support to clients for making well-informed business decisions. DBMR team provides customization of this market report according to the business needs. Contact sales team, who will assure to get a report that suits the necessities. The report carefully examines the global Cardiac Rehabilitation Market, with a focus on most of the major players and their business strategies, geographical scope, market segments, product landscape and price, and cost structure. Such market report is made available for industries, individuals, and organizations across the globe, and offerings are delivered in the shortest possible turnaround time.
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