Reimbursement Pathways Such As Million Hearts Initiative Fuel The Growth Of The Cardiac Rehabilitation Market.
According to MarketIntelReports' “ Global Cardiac Rehabilitation Market Size, Status and Forecast 2022”:
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Cardiac Rehabilitation is described as a medical program arranged for people who have suffered heart failures and have undergone heart surgeries. The aim of the program is to help the patients to lead a healthy lifestyle through regular exercises, medical therapy, and healthy lifestyle.
Growing incidences of cardiovascular diseases and diabetes are the main factors which lead to the growth of the Cardiac Rehabilitation Market. Telecardiac rehabilitation is another trend which involves providing services from distant locations through information technologies and telecommunications.
Scope & Regional Forecast of the Cardiac Rehabilitation Market
Technological advancements boost the growth of the Cardiac Rehabilitation Market. Government interventions also drive the demand for the cardiac therapy.
Reimbursement pathways like Million Hearts Initiative and Center for Medicare and Medicaid Services provide bright opportunities for the market.
North America had a major share in cardiac rehab protocol in 2016. This can be attributed to the growing population and high prevalence of cardiovascular diseases.
Cardiology rehabilitation had led to decrease in hospital readmissions in the region. Asia Pacific is expected to have the fastest growth during the forecast period.
This is due to the growing infrastructure.
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The treadmills segment dominated the market in 2016. This is due to the increase in lifestyle associated diseases like cardiovascular diseases and obesity.
Increase in health conscious people also leads to the growth of the segment. These factors enhance the demand for heart care.
The blood pressure segment is expected to have the fastest growth during the forecast period. This is due to the increasing need for the vital signs monitoring devices.
This elevates the demand for heart surgery rehabilitation exercises. Robust healthcare infrastructure, growing disposable income of people, and adoption of new technology further take cardiac rehab phases to a new level.
Segmentations & Key Players Involved in the Cardiac Rehabilitation Market
The Cardiac Rehabilitation Market can be broken down into various segments as follows:
- Type- Elliptical trainer, Stabilization ball, Stationary bicycle, Treadmill, Rower, Heart rate monitor, Blood pressure monitor, Others.
- Region- United States, EU, Japan, China, India, and Southeast Asia.
Some of the key players involved in the Cardiac Rehabilitation Market are as follows:
- Ball Dynamics International
- Honeywell International
- Core Health & Fitness
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