Kenneth Research published a report titled “Cardiac Rehabilitation Devices Market: Global Demand Analysis & Opportunity Outlook 2031” which delivers detailed overview of the global cardiac rehabilitation devices market in terms of market segmentation by phase, end-users, devices, and by region.
Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.
The global cardiac rehabilitation devices market is expected to grow at ~7% CAGR over the forecast period, i.e., 2022-2031. The market is segmented by end-users into hospitals, clinics, research centers, rehab centers, and others, out of these, the hospitals segment is expected to hold the highest share in the global cardiac rehabilitation devices market over the forecast period. This can be majorly attributed to the surge in the number of patients for the treatment of cardiac diseases in the hospitals.
There has been an increase in healthcare expenditure that is anticipated to surge the growth of the global cardiac rehabilitation devices market. Moreover, the aged population is more prone to diseases as compared to the younger population. Therefore, the surge in the aged population is expected to increase the growth of the global cardiac rehabilitation devices market.
Geographically, the global cardiac rehabilitation devices market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Out of them, the market in the North America region is estimated to witness modest growth by the end of 2031 owing to the rise in deaths from heart problems.
The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.
Rise in the Number of Heart Cases to Drive the Growth of the Market
According to the World Health Organization, 17.9 million people die from cardiovascular disease each year, accounting for 32% of all deaths worldwide.
There has been a rise in the number of heart cases, leading to an increase in the number of deaths. Moreover, cardiac rehabilitation devices are used to prevent and cure heart problems. Therefore, it is expected to drive the growth of the global cardiac rehabilitation devices market.
However, high price of cardiac rehabilitation devices and rigorous government regulations are expected to operate as key restraint to the growth of global cardiac rehabilitation devices market over the forecast period.
This report also provides the existing competitive scenario of some of the key players of the global cardiac rehabilitation devices market which includes company profiling of The ScottCare Corporation, Smith Group plc, Brunswick Corporation., OMRON Corporation, Koninklijke Philips N.V., Halma plc, Patterson Companies, Inc., Life Fitness, BioTelemetry, Inc. (Philips), ergoline GmbH, and others. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global cardiac rehabilitation devices market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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Research Nester released a report titled “Cardiac Rehabilitation Devices Market: Global Demand Analysis & Opportunity Outlook 2027” which delivers a detailed overview of the global cardiac rehabilitation devices market in terms of market segmentation by patient type, by phases,, by devices, by end-users, and by region.The market for cardiac rehabilitation devices is estimated to expand at a CAGR of about 7% during the forecast period, i.e., 2019-2027 owing to high occurrence of cardiovascular diseases including myocardial infarction, coronary heart diseases and heart failure.As reported by WHO, around 31% of deaths occurring all over the world are caused due to cardiovascular diseases which includes millions of people every year.
These devices are also used for speeding up the recovery process of heart as a part of post-surgical care.The market is segmented by devices into heart rate monitors, blood flow monitors, treadmills, elliptical and others.
Out of these segments, treadmills segment is estimated to witness the highest growth and possess the largest market share owing to the high demand for these machines.
The increasing fitness programs and participation of people in such activities is anticipated to lead to the growth of this segment.Request Sample on Cardiac Rehabilitation Devices Market @ https://www.researchnester.com/sample-request-1674The market in Asia-Pacific region is estimated to display the highest growth rate on the back of growing medical advances in the region as well as a higher demand for the devices during the forecast period.The growing population, especially the elderly population, along with an increase in expenditure on healthcare is anticipated to boost the growth of the market in the region.
The largest market share is estimated to be held by the North America region owing to the high prevalence of various heart risks and diseases in countries such as the United States.However, the high price of various heart rehabilitation devices can act as a major restraint owing to the fact that the majority of population cannot afford such high expenses, especially after the already expensive cardiac surgeries.
The cost of these devices can be lowered in order to make them accessible for more people.Request For COVID-19 Impact Insights on This Report@ https://www.researchnester.com/ask-the-analyst/rep-id-1674About Research NesterResearch Nester is a one-stop service provider with a client base in more than 50 countries, leading in strategic market research and consulting with an unbiased and unparalleled approach towards helping global industrial players, conglomerates and executives for their future investment while avoiding forthcoming uncertainties.
Aug 09, 2019 (AB Digital via COMTEX) -- Market Trends
The global Cardiac Rehabilitation Devices Market is projected to reach over USD 2,839.9 million by 2023 at 6.2% CAGR during the review period of 2018 to 2023.
Cardiac rehabilitation is a medically managed program designed to improve cardiovascular health.
The rising prevalence of cardiac diseases, adoption of an unhealthy lifestyle and increasing geriatric population are driving the growth of the global cardiac rehabilitation devices market.
However, the factor such as the high cost of cardiac rehabilitation devices and stringent government regulations hinders market growth.
Cardiac Rehabilitation Devices Market Leading Companies:
The market intelligence report on the Cardiac Rehabilitation industry offers the readers an extensive assessment of the sector, along with the potential growth of the same to be expected in the coming years.
In the study, 2016 and 2017 have been referred to for determining the past performance, while 2018 has been assumed as the base year to predict the trajectory of the progress of the industry during the forecast years from 2019 to 2026.
The report is aimed at helping the reader get a holistic view of the market with all crucial aspects in order to decipher optimum business plans.This report covers the recent COVID-19 incidence and its impact on Cardiac Rehabilitation Market.
The pandemic has widely affected the economic scenario.
This study assesses the current landscape of the ever-evolving business sector and the present and future effects of COVID-19 on the market.Enter your information in the form below to receive a sample copy of this Report @ https://www.reportsanddata.com/sample-enquiry-form/2533Scope of Report:The report underlines the market trends drawn after the assessment of the past data gathered from 2016 and 2017 and performs a comprehensive study of the trends in the sector to derive market insights and calculate the CAGR that can be expected in the forecast years.
The report also scrutinizes the financial performance, novel technologies, and strategic expansion undertaken by the company, which includes mergers and acquisitions and collaborations.
