The treadmill segment by product is estimated to lead the market growth during the forecast period.
According to this study, the North America cardiac rehabilitation market is expected to reach US$ 1,258.21 million by 2028 from US$ 763.51 million in 2020; it is estimated to grow at a CAGR of 6.5% from 2021 to 2028. The report highlights trends prevailing in the North America cardiac rehabilitation market and the factors driving market along with those that act as hindrances.
The North America cardiac rehabilitation market, by type, is segmented into heart rate monitor, stabilization balls, treadmill, rower, elliptical trainer, blood pressure monitor, stationary bicycle, and others. The treadmill segment held the largest share of the market in 2020, whereas the blood pressure monitor segment is anticipated to register the highest CAGR in the market during the forecast period.
In the last few decades, a few risk factors for cardiovascular diseases (CVDs) have improved, while others have worsened. At the same time, Americans’ average body mass index and prevalence of diabetes have augmented as the population continues to have made the CVD more prevalent. The prevalence of lifestyle diseases such as hypertension, obesity, dyslipidemia, and diabetes, which are major risk factors for CVD, is also rising. Heart disease has endured an important cause of death at the global level for the past 20 years. The global patterns of total CVD have significant consequences for clinical practice and public health policy development. Therefore, a substantial increase in cardiovascular diseases is anticipated to positively influence the market growth during the forecast period. The breakthrough technologies such as e-cardiology and e-health have evolved considerably over the past years and are anticipated to impact CVD management and prevention. Also, tele-cardiac rehabilitation probably decreases barriers of distance, time, and cost. The family members of cardiac patients found telerehabilitation technologies a valuable digital toolbox in the rehabilitation process. Therefore, the significant growing adoption of tele-cardiac rehabilitation in the healthcare sector is anticipated to positively influence market growth during the forecast period.
North American region is highly affected due to the outbreak of the COVID-19 pandemic. As various hospitals and healthcare organizations are struggling with the spread of disease, various medical device companies have diverted their focus in producing personal protection equipment, diagnostic kits, and monitoring systems. In addition, the COVID-19 pandemic is perplexing healthcare institutions in the region with unprecedented operational and clinical challenges. Moreover, shift of priorities from cardiovascular treatment to corona virus diagnosis and treatment devices are leading to decline in cardiac rehabilitation, leading to decline in market growth up to certain extent. Therefore, it expected that the market for the cardiac rehabilitation would witness slow growth in the coming one or two years.
The growth of the market is attributed to some key driving factors such as rising incidences of cardiovascular diseases, and growing adoption of tele-cardiac rehabilitation. However, the high cost of the cardiac rehabilitation equipment is expected to obstruct the growth of the market to a certain extent during the forecast years.
Halma plc, OMRON Corporation, Koninklijke Philips N.V, General Electric Company, Core Health & Fitness, LLC, Peloton Interactive, Inc., Resideo Technologies, Inc and HealthCare International are among the leading companies operating in the North America cardiac rehabilitation market.
The report segments in North America Cardiac Rehabilitation Market as follows:
By Product
By Application
By End User
By Country
According to this study, the North America cardiac rehabilitation market is expected to reach US$ 1,258.21 million by 2028 from US$ 763.51 million in 2020; it is estimated to grow at a CAGR of 6.5% from 2021 to 2028. The report highlights trends prevailing in the North America cardiac rehabilitation market and the factors driving market along with those that act as hindrances.
The North America cardiac rehabilitation market, by type, is segmented into heart rate monitor, stabilization balls, treadmill, rower, elliptical trainer, blood pressure monitor, stationary bicycle, and others. The treadmill segment held the largest share of the market in 2020, whereas the blood pressure monitor segment is anticipated to register the highest CAGR in the market during the forecast period.
In the last few decades, a few risk factors for cardiovascular diseases (CVDs) have improved, while others have worsened. At the same time, Americans’ average body mass index and prevalence of diabetes have augmented as the population continues to have made the CVD more prevalent. The prevalence of lifestyle diseases such as hypertension, obesity, dyslipidemia, and diabetes, which are major risk factors for CVD, is also rising. Heart disease has endured an important cause of death at the global level for the past 20 years. The global patterns of total CVD have significant consequences for clinical practice and public health policy development. Therefore, a substantial increase in cardiovascular diseases is anticipated to positively influence the market growth during the forecast period. The breakthrough technologies such as e-cardiology and e-health have evolved considerably over the past years and are anticipated to impact CVD management and prevention. Also, tele-cardiac rehabilitation probably decreases barriers of distance, time, and cost. The family members of cardiac patients found telerehabilitation technologies a valuable digital toolbox in the rehabilitation process. Therefore, the significant growing adoption of tele-cardiac rehabilitation in the healthcare sector is anticipated to positively influence market growth during the forecast period.
North American region is highly affected due to the outbreak of the COVID-19 pandemic. As various hospitals and healthcare organizations are struggling with the spread of disease, various medical device companies have diverted their focus in producing personal protection equipment, diagnostic kits, and monitoring systems. In addition, the COVID-19 pandemic is perplexing healthcare institutions in the region with unprecedented operational and clinical challenges. Moreover, shift of priorities from cardiovascular treatment to corona virus diagnosis and treatment devices are leading to decline in cardiac rehabilitation, leading to decline in market growth up to certain extent. Therefore, it expected that the market for the cardiac rehabilitation would witness slow growth in the coming one or two years.
The growth of the market is attributed to some key driving factors such as rising incidences of cardiovascular diseases, and growing adoption of tele-cardiac rehabilitation. However, the high cost of the cardiac rehabilitation equipment is expected to obstruct the growth of the market to a certain extent during the forecast years.
Halma plc, OMRON Corporation, Koninklijke Philips N.V, General Electric Company, Core Health & Fitness, LLC, Peloton Interactive, Inc., Resideo Technologies, Inc and HealthCare International are among the leading companies operating in the North America cardiac rehabilitation market.
The report segments in North America Cardiac Rehabilitation Market as follows:
By Product
- Treadmill
- Elliptical Trainer
- Stationary Bicycle
- Blood Pressure Monitor
- Rower
- Heart Rate Monitor
- Stabilization Balls
- Others
By Application
- Angioplasty
- Coronary Artery Disease
- Cardiomyopathy
- Cholesterol Management
- Diabetes
- Lung Transplant
By End User
- Cardiac Rehabilitation Centers
- Home Healthcare
- Specialty Hospitals
- Hospitals & Clinics
- Others
By Country
- US
- Canada
- Mexico
Table of Contents
1. Introduction
3. Research Methodology
4. North America Cardiac Rehabilitation Market - Market Landscape
5. Cardiac Rehabilitation Market - Key Market Dynamics
6. Cardiac Rehabilitation Market - North America Analysis
7. Cardiac Rehabilitation Market Analysis - By Products
8. Cardiac Rehabilitation Market Analysis - By Application
9. Cardiac Rehabilitation Market- By End User
10. Cardiac Rehabilitation Market - North America Analysis
11. Impact Of COVID-19 Pandemic on North America Cardiac Rehabilitation Market
12. Cardiac Rehabilitation Market-Industry Landscape
13. Company Profiles
14. Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Halma plc
- OMRON Corporation
- Koninklijke Philips N.V
- General Electric Company
- Core Health & Fitness, LLC
- Peloton Interactive, Inc.
- Resideo Technologies, Inc
- HealthCare International
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 142 |
Published | June 2021 |
Forecast Period | 2021 - 2028 |
Estimated Market Value ( USD | $ 809.4 Million |
Forecasted Market Value ( USD | $ 1258.21 Million |
Compound Annual Growth Rate | 6.5% |
Regions Covered | North America |