Cardiac Rehabilitation Market Growth & Trends
The global cardiac rehabilitation market size is expected to reach USD 3.3 billion by 2030, at a CAGR of 6.0% . 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).
Cardiac Rehabilitation Market Report Highlights
- Treadmill dominated the market and accounted for a share of 24.1% in 2023. Regular exercise on treadmill reduces the risk of heart disease, enhances blood circulation and improves heart strength.
- Blood pressure monitor is expected to witness the fastest CAGR of 6.8% during the forecast period, owing to rising prevalence of heart disease and CVDs.
- The hospitals & clinics segment is projected to grow at the fastest CAGR of 8.5% over the forecast period
- North America cardiac rehabilitation market held a dominant share in 2023. The U.S. cardiac rehabilitation dominated the North America market with a share of 88.4% in 2023.
Why should you buy this report?
- Comprehensive Market Analysis: Gain detailed insights into the global market across major regions and segments.
- Competitive Landscape: Explore the market presence of key players worldwide.
- Future Trends: Discover the pivotal trends and drivers shaping the future of the global market.
- Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.
This report addresses:
- Market intelligence to enable effective decision-making
- Market estimates and forecasts from 2018 to 2030
- Growth opportunities and trend analyses
- Segment and regional revenue forecasts for market assessment
- Competition strategy and market share analysis
- Product innovation listing for you to stay ahead of the curve
- COVID-19's impact and how to sustain in these fast-evolving markets
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Table of Contents
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Cardiac Rehabilitation Market Variables, Trends, & Scope
Chapter 4. Cardiac Rehabilitation Market: Product Estimates & Trend Analysis
Chapter 5. Cardiac Rehabilitation Market: End Use Estimates & Trend Analysis
Chapter 6. Cardiac Rehabilitation Market: Regional Estimates & Trend Analysis
Chapter 7. Competitive Landscape
Companies Mentioned
- Ball Dynamics International, LLC
- Core Health & Fitness, LLC
- Honeywell International, Inc.
- Omron Corporation
- Koninklijke Philips N.V. (BioTelemetry Inc)
- ICU Medical (Smiths Group)
- Halma plc
- GE Healthcare
- Technogym
- Johnson Health Tech
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 100 |
| Published | August 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 2.2 Billion |
| Forecasted Market Value ( USD | $ 3.3 Billion |
| Compound Annual Growth Rate | 6.0% |
| Regions Covered | Global |
| No. of Companies Mentioned | 10 |
