The global cardiac rehabilitation market is
expected to reach USD 2.52 billion by 2025, according to a new report by Grand
View Research, Inc. Rising incidence of lifestyle diseases such as
cardiovascular conditions, obesity, and hyperlipidemia is one of the major
factors responsible for growth. Technological innovations such as tele-cardiac
rehabilitation, which means services provided from a distance using information
technologies and telecommunications, are also another major driver of this
market.
Furthermore, increase in number
of health conscious people is boosting the cardiac rehabilitation market
globally. The 2016 American College of Sports Medicine (ACSM) Worldwide Survey
of Fitness Trends identified two new trends in the fitness industry, namely,
flexibility & mobility rollers and smart phone exercise apps. This shows
that people across the globe are becoming more health conscious and are using
new products and techniques for better endurance.
Another factor propelling growth
is supportive reimbursement pathways such as the Million Hearts initiative and
the incentive payment model adopted by the Center for Medicare and Medicaid
Services (CMS).
Browse full research report on Global
Cardiac Rehabilitation Market: http://www.grandviewresearch.com/industry-analysis/cardiac-rehabilitation-market
Further Key Findings From The Study Suggest:
- On the basis of product type, treadmills dominated the market in 2016. Furthermore, the blood pressure monitoring device segment is anticipated to grow at the fastest CAGR, owing to rising incidence of lifestyle diseases and technologically advanced products offered by major industry players to meet current unmet needs
- Geographic expansion in countries such as India by well-established players is anticipated to boost growth in the region
- Some of the major players in the market are Ball Dynamics International, LLC; Honeywell International, Inc.; Lifewatch; and OMRON corporation
- Various new players are expected to enter the market and existing players are anticipated to undertake collaborative initiatives
- In February 2017, Core Health & Fitness introduced their latest technology called Stairmaster HIITMill, at the International Health Racquet and Sportsclub Association (IHRSA). This is a self-powered training tool, designed to generate explosive power while being used in an HIIT program. This is expected to enhance efficacy and training ability of the equipment, thus creating a benchmark in the fitness and rehabilitation industry
Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/medical-devices
Grand View Research has segmented
the cardiac rehabilitation market on the basis of:
Product (Revenue, USD Million, 2014 - 2025)
- Ellipticals
- Stabilization ball
- Stationary ball
- Treadmill
- Heart rate monitor
- Blood pressure monitor
- Rovers
- Others
Regional Outlook (Revenue, USD Million, 2014 - 2025)
- North America
- U.S
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Asia Pacific
- Japan
- China
- India
- Latin America
- Brazil
- Mexico
- Middle East and Africa (MEA)
- South Africa
- Saudi Arabia
About Grand View Research
Grand View Research, Inc. is a
U.S. based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides
syndicated research reports, customized research reports, and consulting
services. To help clients make informed business decisions, we offer market
intelligence studies ensuring relevant and fact-based research across a range
of industries, from technology to chemicals, materials and healthcare.
For more information: www.grandviewresearch.com
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