Published Date: 31-Aug-2022
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According to a new report, published by KBV research, The Global Cardiac Rehabilitation Market size is expected to reach $2.4 billion by 2028, rising at a market growth of 5.3% CAGR during the forecast period.
The Treadmill segment acquired maximum revenue share in the Global Cardiac Rehabilitation Market by Product in 2021 thereby, achieving a market value of $628.8 Million by 2028. The dominance is a result of increased demand for this equipment when performing cardiac rehabilitation programmes in diverse settings and the rising incidence of cardiovascular disorders. The most popular and well-known exercise equipment for following workout routines and maintaining bodily health is the treadmill.
The Hospitals segment has shown the growth rate of 5.6% during (2022 - 2028). It is because of the growth in hospital admissions and the number of heart disease patients. In addition, governments across various nations of the world are highly investing in the construction of healthcare facilities, particularly hospitals. This would further fuel the growth of the segment in the coming years.
The Coronary Artery Disease segment is generating highest revenue sharer the Global Cardiac Rehabilitation Market by Disease Type in 2021 thereby, achieving a market value of $923.2 Million by 2028. It is caused by the general population's increased occurrence of coronary heart disease. The blood vessels known as the coronary arteries are what feed the heart muscle with oxygen-rich blood to maintain it beating. The heart muscle is situated just above the coronary arteries.
The North America market dominated the Global Cardiac Rehabilitation Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $855.1 Million by 2028. The Europe market is exhibiting a CAGR of 4.7% during (2022 - 2028). Additionally, The Asia Pacific market would showcase a CAGR of 6.3% during (2022 - 2028).
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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.
By End User
By Disease Type
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