Cardiac Rehabilitation Devices Industry Is Estimated To Expand at a CAGR of 5% by 2027

The global cardiac rehabilitation devices market is valued at US$ 2 billion in 2022 and is estimated to expand at a CAGR of 5% from 2022 to 2027 to reach US$ 2.7 billion by 2027.

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In gyms, elliptical trainers are the most prevalent type of exercise equipment. They support cardiovascular system sturdiness. As less force is placed on the joints by these exercise equipment, the chances of bodily damage are lowered. Thus, global sales of elliptical trainers are predicted to increase at a healthy CAGR of 5.5% through 2027.

Competitive Landscape

The market exhibits a modest level of competition and is dominated by international firms. To offer patients technologically high-tech rehab solutions, key manufacturers of cardiac rehabilitation devices are concentrating more on product development, which is increasing the competition among major market players. However, it is anticipated that several small- to mid-sized new firms would enter the market soon and acquire a sizable portion of it.

• Flexnest, a well-known D2C fitness firm, announced the release of the Connect Elliptical Cross Trainer, Flextrainer+ in June 2022. The new Flextrainer connects without any wire to Android and iOS phones and tablets and offers instructors to help with fitness quests.

• SportsArt introduced the ECO-POWR line in June 2022 with the G866 Front-Drive Elliptical. Equipment for cardio, strength training, and rehabilitation uses ECO-POWR for the residential, medical, and fitness industries.

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Key Companies Profiled:

• Amer Sports Corporation
• Brunswick Corporation
• Core Health & Fitness LLC
• Halma PLC
• Honeywell International, Inc.
• Johnson Health Tech Co., Ltd.
• Koninklijke Philips N.V.
• LifeWatch AG
• Omron Corporation
• Patterson Companies Inc

"Growing Concern Over Ischemic Heart Disease The Factors Driving Demand for Cardiac Rehabilitation Devices"

Ischemic heart disease (IHD) is a major cause of death and disability worldwide. It is a condition in which the heart muscle does not receive enough oxygen-rich blood, leading to chest pain, heart attack, and other serious complications. As the prevalence of IHD increases, there is a growing concern over the need for effective treatments and preventive measures.

Cardiac rehabilitation devices are one of the most promising solutions for IHD patients. Cardiac rehabilitation devices are designed to help improve the quality of life for those suffering from IHD. These devices can help reduce symptoms, improve exercise tolerance, and reduce the risk of future cardiac events. They can also help improve overall health and well-being by providing support for lifestyle changes such as diet and exercise. The demand for cardiac rehabilitation devices is driven by several factors. First, the increasing prevalence of IHD has led to an increased need for effective treatments and preventive measures.

Second, advances in technology have made these devices more accessible and affordable. Third, the growing awareness of the importance of cardiac health has led to an increased demand for these devices. Finally, the aging population has also contributed to the demand for these devices as older individuals are more likely to suffer from IHD.

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Key Segments:

• By Product :

o Treadmills
o Elliptical Trainers
o Stationary Bicycles
o Blood Pressure Monitors
o Heart Rate Monitors
o Others

• By End User :

o Hospitals
o Clinics
o Rehab Centers
o Other

• By Region :

o North America
o Latin America
o Europe
o East Asia
o South Asia & Oceania
o MEA

Questionnaire answered in the report include:

• How the industry has grown?
• What is the present and future outlook on the basis of region?
• What are the challenges and opportunities?
• Why the consumption in region?
• In which year segment is expected to overtake segment?

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This release was published on openPR.