A recent report published by
Infinium Global Research on cardiac rehabilitation devices market provides
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 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 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, high risk associated with elderly individuals
and patients with cardiovascular diseases is particularly at risk of getting
infected 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 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 global cardiac
rehabilitation devices market covers segments such as product. On the basis of
product, the sub-markets include elliptical trainer, stabilization ball, stationary
bicycle, treadmill, rower, heart rate monitor, blood pressure monitor, and
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.