The cardiac rehabilitation devices market is a growing segment of the healthcare industry that is focused on helping patients recover from cardiovascular disease or surgery. The market includes a range of devices designed to monitor and track a patient’s heart function, as well as to provide various forms of physical therapy, exercise, and education. One of the key drivers of the cardiac rehabilitation devices market is the increasing prevalence of cardiovascular disease. According to the World Health Organization, cardiovascular disease is the leading cause of death worldwide, accounting for approximately 18 million deaths per year. As a result, there is a growing need for effective rehabilitation programs to help patients recover from heart attacks, strokes, and other cardiovascular events.
Another factor driving growth in the cardiac rehabilitation devices market is the increasing emphasis on preventive care. Many healthcare providers are recognizing the importance of early intervention and preventive measures in managing cardiovascular disease, and are therefore investing in rehabilitation programs and devices to help patients maintain their heart health. The cardiac rehabilitation devices market includes a wide range of products, including heart rate monitors, blood pressure monitors, exercise bikes and treadmills, resistance training equipment, and patient education tools. Many of these devices are designed to provide low-impact aerobic exercise, which can help improve cardiovascular health without putting undue stress on the heart. Others are designed to provide strength training exercises, which can help improve cardiovascular health by strengthening the heart muscle and improving circulation
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Key Takeaways from Market Study
- The global market for cardiac rehabilitation devices is currently valued at US$ 2 billion.
- The market is projected to reach US$ 2.7 billion by the end of 2027.
- China’s cardiac rehabilitation devices market is predicted to rise at a CAGR of 4.5% from 2022 to 2027.
- Global sales of elliptical trainers are expected to increase at a significant CAGR of 5.5% during the next 5 years.
Competitive Landscape
The cardiac rehabilitation devices market is highly competitive, with a large number of players competing for market share. Many of these companies are focused on developing new and innovative products to meet the evolving needs of patients and healthcare providers. They are also investing in marketing and advertising initiatives to raise awareness about the benefits of cardiac rehabilitation and the availability of rehabilitation programs and devices.
- Amer Sports Oyj: Amer Sports is a leading provider of exercise equipment and sports accessories, including a range of cardiac rehabilitation devices such as exercise bikes, treadmills, and strength training equipment.
- Brunswick Corporation: Brunswick Corporation is a leading provider of exercise equipment and fitness accessories, including a range of cardiac rehabilitation devices such as treadmills, ellipticals, and stationary bikes.
- Core Health & Fitness LLC: Core Health & Fitness is a leading provider of commercial fitness equipment, including a range of cardiac rehabilitation devices such as treadmills, exercise bikes, and ellipticals.
- Johnson Health Tech Co. Ltd.: Johnson Health Tech is a leading provider of fitness equipment, including a range of cardiac rehabilitation devices such as treadmills, exercise bikes, and ellipticals.
- Technogym S.p.A.: Technogym is a leading provider of exercise equipment and fitness accessories, including a range of cardiac rehabilitation devices such as treadmills, exercise bikes, and strength training equipment.
Key Companies Profiled
- Amer Sports Corporation
- Brunswick Corporation
- Core Health & Fitness LLC
- Halma PLC
- Honeywell International, Inc.
- Johnson Health Tech Co., Ltd.
- Koninklijke Philips N.V.
- LifeWatch AG
- Omron Corporation
- Patterson Companies Inc.
- Smiths Group PLC
- Technogym SpA
Overall, the cardiac rehabilitation devices market is expected to continue to grow in the coming years, driven by factors such as the increasing prevalence of cardiovascular disease, the emphasis on preventive care, and the development of new technologies and products.
More Valuable Insights on Offer
Fact.MR, in its new offering, presents an unbiased analysis of the global cardiac rehabilitation devices market, presenting historical demand data (2017-2021) and forecast statistics for the period of 2022-2027.
The study divulges essential insights on the market on the basis of product (treadmills, elliptical trainers, stationary bicycles, blood pressure monitors, heart rate monitors, others) and end user (hospitals, clinics, rehab centers, others), across five major regions of the world (North America, Europe, Asia Pacific, Latin America, and MEA
