The global cardiac rehabilitation market size is expected to
reach USD 2.52 billion by 2025, at a CAGR of 6.3% 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 Cardiac Rehabilitation Market: https://www.grandviewresearch.com/press-release/global-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
request sample of this report by Grand View Research: https://www.grandviewresearch.com/industry-analysis/cardiac-rehabilitation-market/request/rs1
Grand View Research has segmented the cardiac rehabilitation
market on the basis of:
Cardiac Rehabilitation Product (Revenue, USD Million, 2014 - 2025)
- Ellipticals
- Stabilization
ball
- Stationary
ball
- Treadmill
- Heart
rate monitor
- Blood
pressure monitor
- Rovers
- Others
Cardiac Rehabilitation 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 info visit @https://www.grandviewresearch.com
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