Cardiac Rehabilitation Market report is a useful resource for market players to obtain a profitable result and expand their business across various geographies. In addition, it helps investors to gain insights on specific investment pockets and capitalize on them.
Progressive Markets added a report, "Global Cardiac Rehabilitation Market - Size, Trend, Share, Opportunity Analysis & Forecast, 2014-2025" which says that the global cardiac rehabilitation market is expected to grow at a CAGR of 8.5% from 2017 to 2025.
Cardiac rehabilitation or cardiac rehab is a program designed for those who have had a heart attack, coronary artery disease (CAD), coronary artery bypass grafting (CABG), heart valve surgery, stable or unstable angina, and more. It involves the measures used to meet the needs of such patients and help them regain their active and normal life.
The measures include adopting a heart-healthy lifestyle, exercise training, education on heart-healthy living, emotional support, behavior modification strategies, and counseling to alleviate stress. Cardiac rehab is beneficial as it improves one's health and lifestyle, reduces the need for medicines to cure heart diseases, prevent future cardiac events, and improves longevity.
Cardiac rehabilitation services are provided in an outpatient clinic or a hospital rehabilitation center. The people who provide the services include doctors, nurses, exercise specialists, therapists, dieticians, and mental health specialists.
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Market Drivers and Restraints
The global cardiac rehabilitation market has been growing tremendously over the years. The rise of the market is mainly due to the high occurrences of cardiac diseases, the health benefits provided by the cardiac rehab services, the growing number of geriatric population, the rise in awareness of cardiovascular diseases, and technological advancements of the devices used in the rehabilitation program.
On the other hand, the high cost associated with the rehabilitation devices impedes the growth of the market.
Cardiac Rehabilitation Market Key Segmentation:
The report segments the global cardiac rehabilitation market based on the type of device and geography. By device type, the global cardiac rehabilitation market is bifurcated into seated and upright elliptical trainer, stabilization ball, stationary bicycle, treadmill, rower, heart rate monitor, and blood pressure monitor.
Based on geography, the report studies the global cardiac rehabilitation industry across regions such as North America, Asia-Pacific, LAMEA, and Europe. In North America, the market covers regions such as the U.S., Canada, and Mexico.
In Asia-Pacific, the market covers the regions such as India, China, Japan, Australia, South Korea, and the other parts of Asia-Pacific. In LAMEA, the market covers regions such as Brazil, Saudi Arabia, South Africa, and the other parts of LAMEA.
In Europe, the cardiac rehabilitation industry covers the regions such as Germany, UK, Spain, France, Italy, and the other parts of Europe.
Key Market Players
The key players operating in the global cardiac rehab market include Ball Dynamics International, LLC (Longmont, U.S.), Core Health & Fitness, LLC (Vancouver, U.S.), Honeywell International, Inc. (Brookfield, U.S.), LifeWatch AG (Zug, Switzerland), OMRON Corporation (Kyoto, Japan), Patterson Companies, Inc. (Warrenville, Illinois U.S.), Philips (Amsterdam, Netherlands), Amer Sports (Helsinki, Finland), and Smiths Group (London, UK).
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The report includes a detailed analysis of the global cardiac rehab industry. It includes the cardiac rehabilitation market size, cardiac rehabilitation market share (2014-2025), market attractiveness and trend analysis, Porter's Five Forces analysis, market dynamics, research methodology, segmentation of the market, competitive landscape and recent industry development analysis, and the key market players.
The market size and share analysis help to understand where the market is and where it is going. The study analyzes the ongoing and future trends in the industry to give an idea about the developments taking place within the market.
Research methodology includes the primary and secondary research used to gather and validate data. The Porter's Five Forces Analysis includes the bargaining power of buyers, bargaining power of suppliers, the threat of new entrants, threat of substitutes, and industrial rivalry.
It helps determine the level of competition in the industry and devise plans for business growth. The market dynamics help players and investors focus on the factors leading to market growth, determine which area may make their business suffer, and accordingly plan their businesses.
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