Press release
Cardiac Rehabilitation Market Business Prospects, Forthcoming Developments And Future Investments By Forecast To 2028
The Cardiac Rehabilitation Market is expected to reach US$ 2,865.42 million by 2028 from US$ 1,780.98 million in 2020; it is estimated to grow at a CAGR of 6.2% from 2021 to 2028.The growth of the market is mainly attributed to the key driving factors such as the rising incidences of cardiovascular diseases and growing adoption of tele-cardiac rehabilitation. However, the high cost of cardiac rehabilitation equipment hinders the market growth.
CR is an evidence-based, multidisciplinary intervention conferred to enhance health consequences and quality of life when used as secondary prevention. CR includes cardiac risk factor modification, educational counseling, behavioral interventions, psychosocial assessment, and exercise training. Historically, patients receive CR in supervised, group-based classes conducted in an outpatient setting over several weeks.
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Analysis of the Top Market Players:
1. Halma plc
2. OMRON Corporation
3. AVECINNA
4. Koninklijke Philips N.V.
5. General Electric Company
6. Core Health & Fitness, LLC
7. Peloton Interactive, Inc.
8. Resideo Technologies, Inc
9. ergoline GmbH
10. HealthCare International
In this report, the market has been segmented on the basis of:
Product
• Heart Rate Monitor
• Stabilization Balls
• Treadmill, Rower
• Elliptical Trainer
• Blood Pressure Monitor
• Stationary Bicycle
Application
• Angioplasty
• Coronary Artery Disease
• Cardiomyopathy
• Cholesterol Management
• Diabetes
• Lung Transplant
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Tele-cardiac rehabilitation (TCR) is a part of telehealth that uses telecommunication technologies such as smartphone applications. Tele-cardiac rehabilitation is a word used to describe rehabilitation services from a distance using information technology and telecommunications. The outbreak of COVID-19 that has consequently imposed lockdowns has resulted in a decreased inflow of patients in hospitals for treatment of other diseases. The need for social distancing has stimulated the demand for TCR to improve utilization rates and ameliorate access to CR. Patients with heart disease have a significant more fatality rate from COVID-19 infection, and they must practice social distancing to lower their risk of contracting COVID-19.
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