Article -> Article Details
Title | Cardiac Rehabilitation Devices Market | Business Analysis and Evolutionary Growth |
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Category | Fitness Health --> Addictions |
Meta Keywords | Cardiac Rehabilitation Devices Market |
Owner | vinit |
Description | |
As per the latest published report by Market Research Future
(MRFR), the global cardiac
rehabilitation devices market is expected to attain a compound
annual growth of 6% during the forecast period between 2017 and 2023. The
Global Cardiac Rehabilitation Devices Market segmentation is classified based
on end-user and type. Cardiac Rehabilitation Devices are used for improving the
health condition of patients that are diagnosed with various heart-related
disorders like congestive heart failure, cardiovascular disease, etc. The
device is also used for patients who have undergone any form of heart surgery
like bypass surgery or angioplasty. Cardiac rehabilitation aids in improving
the quality of life by reducing the cardiac symptoms, which then provides
benefits like long-term survival, blood pressure, improves cholesterol level,
lowers the blood sugar level, blood pressure, and reduces the stress level. Market Segmentation The Global Cardiac Rehabilitation Devices Market
segmentation is classified on the basis of end-user and type. By type, the market includes ellipticals, stationary
bicycle, heart rate monitors, recumbent cross trainer, blood flow monitors,
training balls, treadmill, and others. By end-user, the market segments into specialty centers,
hospitals and clinics, rehab centers, and others. By region, the market covers North America, Europe, Asia
Pacific, and the Middle East and Africa. Regional Analysis Geographically, the North American region holds the maximum
share in the global cardiac rehabilitation devices market. The North American
regional market is divided further into the US and Canada. The growing old-age
population and widespread prevalence of cardiovascular disorders are two of the
key factors stimulating the growth of the market in this region. Also, growing
healthcare expenditure, growing demand for technologically advanced treatments
and products, increasing number of approvals for cardiovascular diseases, and
the rising support from the government are all likely to contribute to the
overall growth of the market in this region. Europe holds the second largest share of the market and
contributes significantly to the global market. The European region is
forecasted to experience consistent growth in the forthcoming years. This is
due to the growing healthcare expenditure, availability of new and advanced
treatment facilities, and an imperative need for better healthcare infrastructure.
Add to this, factors like rising cardiovascular rates and an increasing
inclination towards sedentary lifestyle by a majority of the population. The
region is also expected to grow due to the rising patient population as well. Asia Pacific is expected to be potentially the fastest
growing regional market. Herein, the growing prevalence of chronic diseases is
one of the major drivers behind the growth of the market. Rising health
consciousness, availability of new methods of treatment, improving living
standards, and the growing healthcare expenditure drive the market in this
region. China contributes significantly to the overall Asia Pacific market and
is expected to be the fastest growing country due to the vast population base
that would lead to increasing patient population. The Middle East and Africa region hold the least growth
potential in the forthcoming years due to lack of awareness therein and a poor
healthcare landscape. However, the United Arab Emirates is identified to be the
largest growing nation in this region due to the developing healthcare industry
and the proliferating availability of specialty care centers. Competitive Landscape The Global Cardiac Rehabilitation Devices Market comprises
various leading and prominent players, including Amer Sports, LifeWatch AG,
Ball Dynamics International, LLC, The ScottCare Corporation, Mortara
Instrument, Core Health and Fitness LLC, Vonco Medical, and others. April 11th, 2019, a research conducted recently
revealed that it is completely safe and secure for patients to return back to
their workplace post heart attack. The research was published in the European
Journal of Preventive Cardiology. |