North America Cardiac Rehabilitation Market Size, Share & Industry Trends Analysis Report By Product (Treadmill, Elliptical Trainer, Rower, Stabilization Ball, Heart Rate Monitor, Blood Pressure Monitor), By End User, By Disease Type, By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The North America Cardiac Rehabilitation Market would witness market growth of 4.1% CAGR during the forecast period (2022-2028).
A major factor propelling the growth of the cardiac rehabilitation market is the increase in demand for cardiac rehabilitation following heart surgery. Additionally, after developing a heart condition, older persons are less likely to enroll in a cardiac rehabilitation programme. They may believe that their advanced age prevents them from engaging in the exercise, or they may have medical conditions like arthritis that make exercise more difficult.
Cardiac rehabilitation is especially helpful for older persons since it can increase mobility and strength to make everyday duties simpler. This is because older adults often require to treat various physical ailments. Cardiac rehab provides an individual strategy for effectively enhancing physical fitness as well as detecting and controlling additional risk factors.
In terms of healthcare, North America is the most advanced region in the globe, largely due to the growth of the healthcare system in the United States. There is a rising demand for cardiac rehabilitation in the US, which is boosting the expansion of the market under study. This is due to the US population's increased acceptance of novel technologies and rising emphasis on lowering the burden of heart disease. Similar to the American government, the Canadian government is also concentrating on numerous efforts to manage heart disease and lower mortality.
The US market dominated the North America Cardiac Rehabilitation Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $617 Million by 2028.The Canada market is poised to grow at a CAGR of 6.5% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 5.6% during (2022 - 2028).
Based on Product, the market is segmented into Treadmill, Elliptical Trainer, Rower, Stabilization Ball, Heart Rate Monitor, Blood Pressure Monitor and Others. Based on End User, the market is segmented into Rehab Centers, Hospitals, Clinics and Others. Based on Disease Type, the market is segmented into Coronary Artery Disease, Percutaneous Coronary Intervention, Myocardial Infarction, Coronary Artery Bypass Grafting and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Technogym S.p.A., Johnson Health Tech. Co., Ltd., Omron Corporation, Koninklijke Philips N.V., Baxter International, Inc., Halma PLC, ICU Medical, Inc. (Smiths Medical), General Electric (GE) Co. (GE Healthcare), Life Fitness, and Core Health & Fitness, LLC.
Scope of the Study
Market Segments Covered in the Report:
- Elliptical Trainer
- Stabilization Ball
- Heart Rate Monitor
- Blood Pressure Monitor
By End User
- Rehab Centres
By Disease Type
- Coronary Artery Disease
- Percutaneous Coronary Intervention
- Myocardial Infarction
- Coronary Artery Bypass Grafting
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Technogym S.p.A.
- Johnson Health Tech. Co., Ltd.
- Omron Corporation
- Koninklijke Philips N.V.
- Baxter International, Inc.
- Halma PLC
- ICU Medical, Inc. (Smiths Medical)
- General Electric (GE) Co. (GE Healthcare)
- Life Fitness
- Core Health & Fitness, LLC
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