By 2015, a surprising number of world’s population is suffering with cardiac diseases; it covers as much as 30% of entire world population. Moreover, the percentage projected to be increased up to 42% by 2020 due to increasing stress among the people. Cardiac diseases are also known as cardiovascular diseases. Moreover, they generally have known to be heart diseases. With increasing number of cases of cardiac diseases the demand for cardiac rehabilitation devices is on the rise. Moreover, intensifying burden of cardiac diseases all over the world influences the global market. Furthermore, associations such as the world health organization (WHO) and American Heart Association (AHA) takes a step ahead to stimulate the level of awareness. Therefore, increase in awareness intensity is estimated to boost demand for rehabilitative products. The global cardiac rehabilitation device market was valued just over USD 84 billion in 2014. Rapidly increased demand for such devices projected to reach the global market size up to USD X.X billion in 2023. The global market size is anticipated to grow at a CAGR between 8.0% - 8.5% over the period of 2017 – 2023.
Figure: Cardiac Rehabilitation Device Market by Value 2015 - 2023
The global cardiac rehabilitation market is expected to be driven by factors such as advancements in the technologies, increasing number of cases of cardiac diseases and growing awareness about the cardiac devices among the customers.
Geographic Coverage and Analysis:
The global cardiac devices market is dominated by North America among the geographies, while the Asia Pacific region is expected to grow at the highest CAGR over the forecast period. Among the devices hear rate monitors market is expected to grow at the highest rate over the period of 2017 – 2023.
The companies covered in the global cardiac rehabilitation market include, 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 also provides in depth analysis of regulatory framework pertaining to Cardiac Rehabilitation Device Market. This will help the companies to understand the regulatory compliances, supports, barriers in the Cardiac Rehabilitation Device market. This section highlights key amendments and their implication on Cardiac Rehabilitation Device market in the short run as well as in the long run.
The report covers the analysis of global as well as regional markets of cardiac rehabilitation device market. The global cardiac rehabilitation devices market is segmented geographically as North America, Europe, Asia Pacific and Rest of the World. Moreover, the report provides deep insights on demand forecasts, market trends and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the demand globally as well as regionally. Moreover, Infinium Global Research-Growth Matrix analysis given in the report brings limelight on the investment areas that existing or new market players can consider. Furthermore, the report provides insights into the market using analytical tools such as Porter’s five forces analysis and value chain analysis of Flare Gas Recovery System. Moreover, the study highlights current market trends and provides forecast from 2017 to 2023. We also have highlighted future trends in the cardiac rehabilitation devices market that will impact the demand during the forecast period.
The Infinium Global Research - Growth Matrix analysis provided in this report highlights key investing markets in the world. Moreover, the competitive analysis given in each regional market brings an insight on the market share of the leading players. Additionally, the analysis highlights rise and fall in the market shares of the key players in the market.
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