30th August 2019 – The global Cardiac
Rehabilitation Market size is expected to value at USD 2.52
billion by 2025. The market is subject to witness a substantial growth due to
changing food patterns and increasing occurrence of cardiovascular diseases,
obesity, and hyperlipidemia. With recent technological advancements in
healthcare sector including tele-cardiac rehabilitation are some of the
critical factors responsible for growth of the market. Tele-cardiac
rehabilitation offers remote services from a distance with the help of
information technology and telecommunications services. Other factors
responsible for the sustained growth of the tele-cardiac rehabilitation market
in recent years are numerous initiatives taken by local governments similar to
the Million Hearts initiative and increase in the healthcare expenditure.
Globally, the cardiac rehabilitation market is predicted to grow at CAGR of
6.3% in forecast period, providing numerous opportunity for market players to
invest for research and development in the market.
Moreover, the rise in health awareness
among individuals across the globe is propelling growth of market. Rise in new
trends such as flexibility & mobility rollers and smart phone applications
involving fitness and exercises are expected to boost demand for the cardiac
rehabilitation market in coming years. Rise in health awareness and adoption of
latest products for better endurance against diseases contributing to market
expansion in past few years. Increase in healthcare expenditure by regional
governments across the globe coupled with several supporting government
interventions are positively influencing growth of the cardiac rehabilitation
market in recent years. For example, initiatives taken by Centers for Medicare
and Medicaid Services (CMS) are critical for prevention of heart disorders. As
many as one million potential strokes and attacks has been prevented by such
initiatives.
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Changing lifestyle preferences and food
patterns are major factors leading to diseases such as cardiovascular diseases,
diabetes, and obesity thus contributing heavily to the growth of cardiac
rehabilitation market global-scale. As per recent studies, diseases such as
cardiovascular diseases and diabetes are leading cause of the death across the
globe, thus significant focus has given for prevention and treatment associated
with these diseases.
Cardiac rehabilitation allows adoption
healthy lifestyle changes in order to avoid risk associated with cardiovascular
disorders. Cardiac rehabilitation consists of various programs including
various lifestyle changes such as healthy diet, regular counseling in order to
release stress, and helping patient to live an active lifestyle. Cardiac
rehabilitation enhances health and overall quality of life while limiting
requirement for need for medication to treat heart related disorders. Cardiac
rehabilitation reduces need to visit clinics by preventing potential future
heart diseases, and increases overall life span of particular individual. Such
factors are responsible for the growing demand of the cardiac rehabilitation in
recent years.
Cardiac rehabilitation is situated at an
outpatient hospital or remotely located rehab center. Cardiac rehabilitation
team consists of healthcare professionals, nurses, fitness specialists,
physicians, dietitians, and mental health specialists. Cardiac rehabilitation
performs various tests such as an electrocardiogram (EKG), cardiac and imaging
tests coupled with regular exercises as prescribed by fitness specialists.
Frequent testing of cholesterol and blood sugar levels of a patient helps to
monitor performance and remain physically active during entire period of
cardiac rehabilitation.
The cardiac rehabilitation market is
divided into regional market segment such as North America, Europe,
Asia-Pacific, Latin America and Africa. North America has shown major growth in
recent years owing to the rise in the adoption of latest technologies and
existence of well-established healthcare infrastructure. Asia-Pacific region is
predicted to hold major market with massive growth in forecast period.
Countries such as India, China and Singapore are leading the Asia-Pacific
market with rise in geriatric population and increase in the awareness about
health and fitness among individuals.
The key players in the cardiac
rehabilitation market are Ball Dynamics, Inc., Honeywell Incorporations, Core
Health & Fitness LLC, LifeWatch Incorporations, Philips N.V., Amer Sports
Co., Smiths Group Plc, Omron Co., Halma Plc, and Brunswick Co.
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