Market Definition: Cardiac Rehabilitation Market
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Global Cardiac Rehabilitation Market is expected to rise from its initial estimated value of USD 1.51 billion in 2018 to an estimated value of USD 2.38 billion by 2026, registering a CAGR of 5.88% in the forecast period of 2019-2026.
Cardiac rehabilitation can be defined as the training/exercise regime through which a patient who has suffered from cardiovascular disease or has undergone a heart attack or stroke can be nursed back to full/optimal fitness. These exercise regimes are set by a trained/knowledgeable professional and the vital signs of the patients are constantly monitored under this regime.
Major Market Drivers & Restraints are as follows:
- Increasing levels of geriatric population and accompanying cardiovascular diseases with this set of population; this factor is expected to act as a driver for the market growth
- Rising prevalence and burden of cardiovascular diseases globally is one of the major factors for the growth of the market
- High cost of purchasing the equipment and devices in cardiac rehabilitation along with the cost of maintenance of these devices; this factor is expected to act as a restraint to the market growth
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Key Market Competitors: Cardiac Rehabilitation Market
Few of the major competitors are Core Health & Fitness, LLC; Honeywell International Inc.; LifeWatch; OMRON Corporation; Koninklijke Philips N.V.; Amer Sports; Smiths Group plc; Halma plc; Welch Allyn; BRUNSWICK CORPORATION; Avecinna Company; Medicalgorithmics.com; The ScottCare Corporation; NuStep LLC; ergoline GmbH; Bittium and Moving Analytics, Inc.The CARDIAC REHABILITATION MARKET report is based on unique research done by our team which delivers analytical scrutiny of the market across several segments. The report additionally consists of current size and Summary of the market and industry combined with outlook prospects. In addition, key market makers are examined on numerous factors such as company overview, product portfolio, and revenue details during the forecast year. Also, the total potential of the market is briefed in the full report. The report highlights CAGR value fluctuations during the forecast period of 2018-2025 for the market. The base year for calculation in the report is considered as 2017 while the historic year is 2016 which will inform you how the Cardiac Rehabilitation Market is going to act upon in the forecast years by giving information about the several market insights.
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Market Segmentation: Cardiac Rehabilitation Market
- By Products
- Elliptical Trainer
- Stabilization Ball
- Stationery Bicycle
- Heart Rate Monitor
- Blood Pressure Monitor
- By End-Users
- Home Care
- Specialty Centers
- Rehabilitation Centers
- Hospitals & Clinics
- By Geography
- North America
- North America
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Global cardiac rehabilitation market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of cardiac rehabilitation market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
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