Cardiac Rehabilitation Market Technology Integration: Streamlining Patient Management
The global cardiac rehabilitation market size is expected to reach USD 3.3 billion by 2030, at a CAGR of 6.0% according to a new report by Grand View Research, Inc. 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).
Access the Cardiac Rehabilitation Market Size, Share & Trends Analysis Report
By Product (Treadmill, Elliptical Trainer, Stabilization Ball), By End-use
(Rehabilitation Centers, Hospitals & Clinics), By Region, And Segment
Forecasts, 2024 – 2030
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.
Key Companies
& Market Share Insights
Some of the key companies in the cardiac rehabilitation
market include Omron Corporation; Ball Dynamics International, LLC; Core Health
& Fitness, LLC; Koninklijke Philips N.V. (BioTelemetry Inc); GE Healthcare.
Omron is recognized for its medical devices like blood
pressure monitors, digital thermometers, and nebulizers.
Order your free sample copy of “Cardiac Rehabilitation Market Report
2024 - 2030, published by Grand View Research
Key Cardiac
Rehabilitation Companies:
The following are the leading companies in the cardiac
rehabilitation market. These companies collectively hold the largest market
share and dictate industry trends.
·
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
Recent
Developments
·
In April 2024, The Virtual Cardiac Rehabilitation
(VCR) Program was launched at Northern Health. The program is expected to help
in patient recovery after heart condition, procedure or event.
·
In January 2024, North Suffolk Cardiology
launched Pritikin Intensive Cardiac Rehabilitation Program (ICR). The program
at every patient’s visit offers patients detailed lifestyle education and
access to cardiac care team in the state of art location.
About Grand View Research:
Grand View Research, Inc. is a market
research and consulting company that provides off-the-shelf, customized
research reports and consulting services. To help clients make informed
business decisions, we offer market intelligence studies, ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials, and energy. With a deep-seated understanding of varied business
environments, Grand View Research provides strategic objective insights. For
more information, visit www.grandviewresearch.com
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc.
Phone: 1-415-349-0058
Email: sales@grandviewresearch.com
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