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A recent report published by Infinium Global Research on the cardiac rehabilitation devices market provides an in-depth analysis of segments and sub-segments in the global as well as regional cardiac rehabilitation devices market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional cardiac rehabilitation devices market over the short term as well as the long term. The report is a comprehensive presentation of trends, forecasts, and dollar values of the global cardiac rehabilitation devices market. According to the report, the global cardiac rehabilitation devices market is projected to grow at a CAGR of 6.5% over the forecast period of 2020-2026.
During the 21st century, exercise rehabilitation was undertaken for patients previously arbitrarily excluded, such as those with heart failure, arrhythmias, pacemakers, and implanted defibrillators. Cardiac rehabilitation devices are used to improve the health of patients diagnosed with various heart-related conditions such as heart failure, cardiovascular diseases, and help patients who have undergone heart surgery. Cardiac Rehabilitation helps to improve the quality of life and benefits to improved cholesterol levels and reduce stress levels.
The global cardiac rehabilitation devices market is expected to be driven by factors such as the rising prevalence of cardiovascular diseases, advancements in the technologies, and growing awareness about cardiac devices among the customers. Changing lifestyle, increasing healthcare awareness and the availability of technologically advanced equipment for treatment propel the demand for market growth. A large section of the population leading sedentary life aggravating the complications leading to a rise in cases of cardiovascular diseases. Furthermore, associations such as the world health organization (WHO) and the American Heart Association (AHA) take a step ahead to stimulate the level of awareness about Cardiac rehabilitation. Therefore, an increase in awareness intensity is estimated to boost demand for rehabilitative products. However, the high cost of cardiac rehabilitation devices may hamper the market growth. Furthermore, growing awareness about Cardiac Rehabilitation and rising demand for post-surgery treatment in emerging countries will offer lucrative opportunities shortly. The spread of the novel coronavirus impacted the Cardiac Rehabilitation Device Market in 2020. Due to the coronavirus epidemic, numerous cardiac rehabilitation (CR) services and programs are stopped. Elderly individuals and patients with cardiovascular diseases are particularly at risk of developing severe complications. Further, the high risk associated with elderly individuals and patients with cardiovascular diseases is particularly at risk of getting infected with coronavirus. Stringent regulations on social distancing, quarantine, and restricting movement are severely impacting the use of CR devices. Ambulatory visits and nonessential medical services are temporarily closed by the government. The closure of cardiovascular rehabilitation (CR) programs was among the clinical services closed and is anticipated to close by 2020.
Geographically, the cardiac rehabilitation devices market is segmented Into North America, Europe, Asia Pacific, and RoW. North America holds the largest share of the market and is anticipated to keep its dominance over the forecast period. Rising awareness among the people about cardiac diseases and their treatments and the availability of advanced healthcare structures helping to lead this region. The market in the Asia Pacific will be escalated by the growing life associated with diseases such as cardiovascular disease, obesity, and diabetes. Furthermore, increasing awareness programs in emerging countries such as India and China are fueling the demand for the cardiac rehabilitation devices market in this region.
The report on the global cardiac rehabilitation devices market covers segments such as product. On the basis of product, the sub-markets include elliptical trainer, stability ball, stationary bicycle, treadmill, rower, heart rate monitor, blood pressure monitor, and others.
The report provides profiles of the companies in the market such as Core Health & Fitness, LLC, OMRON Corporation, Ball Dynamics International, LLC, Philips, Amer Sports Smiths Group, Honeywell International, Inc., LifeWatch AG, Patterson Companies, Inc., Halma Plc, and Brunswick Corporation.
The report provides deep insights
into the demand forecasts, market trends, and micro and macro indicators. In
addition, this report provides insights into the factors that are driving and
restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis
given in the report brings an insight into the investment areas that existing
or new market players can consider. The report provides insights into the
market using analytical tools such as Porter's five forces analysis and DRO
analysis of the cardiac rehabilitation devices market. Moreover, the study
highlights current market trends and provides forecasts from 2020-2026. We also
have highlighted future trends in the market that will affect the demand during
the forecast period. Moreover, the competitive analysis given in each regional
market brings an insight into the market share of the leading players.
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