The global Cardiac Rehabilitation Market size is expected to value at USD 2.52 billion by 2025. The market is subject to witness a substantial growth due to changing food patterns and increasing occurrence of cardiovascular diseases, obesity, and hyperlipidemia. With recent technological advancements in healthcare sector including tele-cardiac rehabilitation are some of the critical factors responsible for growth of the market.
Tele-cardiac rehabilitation offers remote services from a distance with the help of information technology and telecommunications services. Other factors responsible for the sustained growth of the tele-cardiac rehabilitation market in recent years are numerous initiatives taken by local governments similar to the Million Hearts initiative and increase in the healthcare expenditure. Globally, the cardiac rehabilitation market is predicted to grow at CAGR of 6.3% in forecast period, providing numerous opportunity for market players to invest for research and development in the market.
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Moreover, the rise in health awareness among individuals across the globe is propelling growth of market. Rise in new trends such as flexibility & mobility rollers and smart phone applications involving fitness and exercises are expected to boost demand for the cardiac rehabilitation market in coming years. Rise in health awareness and adoption of latest products for better endurance against diseases contributing to market expansion in past few years. Increase in healthcare expenditure by regional governments across the globe coupled with several supporting government interventions are positively influencing growth of the cardiac rehabilitation market in recent years. For example, initiatives taken by Centers for Medicare and Medicaid Services (CMS) are critical for prevention of heart disorders. As many as one million potential strokes and attacks has been prevented by such initiatives.
Changing lifestyle preferences and food patterns are major factors leading to diseases such as cardiovascular diseases, diabetes, and obesity thus contributing heavily to the growth of cardiac rehabilitation market global-scale. As per recent studies, diseases such as cardiovascular diseases and diabetes are leading cause of the death across the globe, thus significant focus has given for prevention and treatment associated with these diseases.
Cardiac rehabilitation allows adoption healthy lifestyle changes in order to avoid risk associated with cardiovascular disorders. Cardiac rehabilitation consists of various programs including various lifestyle changes such as healthy diet, regular counseling in order to release stress, and helping patient to live an active lifestyle. Cardiac rehabilitation enhances health and overall quality of life while limiting requirement for need for medication to treat heart related disorders. Cardiac rehabilitation reduces need to visit clinics by preventing potential future heart diseases, and increases overall life span of particular individual. Such factors are responsible for the growing demand of the cardiac rehabilitation in recent years.
Cardiac rehabilitation is situated at an outpatient hospital or remotely located rehab center. Cardiac rehabilitation team consists of healthcare professionals, nurses, fitness specialists, physicians, dietitians, and mental health specialists. Cardiac rehabilitation performs various tests such as an electrocardiogram (EKG), cardiac and imaging tests coupled with regular exercises as prescribed by fitness specialists. Frequent testing of cholesterol and blood sugar levels of a patient helps to monitor performance and remain physically active during entire period of cardiac rehabilitation.
The cardiac rehabilitation market is divided into regional market segment such as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in the adoption of latest technologies and existence of well-established healthcare infrastructure. Asia-Pacific region is predicted to hold major market with massive growth in forecast period. Countries such as India, China and Singapore are leading the Asia-Pacific market with rise in geriatric population and increase in the awareness about health and fitness among individuals.
The key players in the cardiac rehabilitation market are Ball Dynamics, Inc., Honeywell Incorporations, Core Health & Fitness LLC, LifeWatch Incorporations, Philips N.V., Amer Sports Co., Smiths Group Plc, Omron Co., Halma Plc, and Brunswick Co.
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Market Segment:
Product (Revenue, USD Million, 2014 – 2025)
• Ellipticals
• Stabilization ball
• Stationary ball
• Treadmill
• Heart rate monitor
• Blood pressure monitor
• Rovers
• Others
Regional Outlook (Revenue, USD Million, 2014 – 2025)
• North America
• U.S
• Canada
• Europe
• UK
• Germany
• Italy
• Spain
• France
• Asia Pacific
• Japan
• China
• India
• Latin America
• Brazil
• Mexico
• Middle East and Africa (MEA)
• South Africa
• Saudi Arabia
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