Tag Archives: Cardiac Rehabilitation Market

Cardiac Rehabilitation Market will expand at a healthy 5.4% CAGR from 2016 through 2024

The global cardiac rehabilitation market largely consist of a few strong players who exert control over the entire market. This makes the vendor landscape immensely consolidated, thus, barring the entry and establishment of new players. Transparency Market Research (TMR) prognosticates that product innovations would play a major role in deciding the course of the competitive landscape. The leading market players are expected to keep introducing novel products to retain their dominance in the market. The top two market players viz. Technogym and Brunswick Corporation held more than 50% of the total market share in 2015. The other two key players, Amer Sports and Johnson health Tech Co. are also on the run for a greater market share. All the companies mentioned above collectively accounted for approximately 70% of the global market share in 2015. There are tremendous opportunities for investors because the market is buzzing with the advent of new technologies. The rivalry amongst the established players has been intensifying and the demand in the market has been rising. Owing to these factors, there are lucrative opportunities resting within the market.

Read Report Overview: https://www.transparencymarketresearch.com/cardiac-rehabilitation-market.html

The estimations made by Transparency Market Research portray that the market stood at a value of US$1,010.93 mn in 2015 and is expected to elevate to a value of US$1,622.9 mn by the end of 2024. It is also projected that the market would grow at a sturdy CAGR of 5.40% over the period from 2016 to 2024. Based on the type of devices, the highest demand was attracted by elliptical trainer segment. The segment accounted for 27% of the total demand and this owes to the multiple uses of such devices. Geographically, North America has reigned over all other regions in terms of demand, accounting for 50% of the global demand. Asia Pacific is expected to register a CAGR of 6.80% over the period from 2016 to 2024.

Request Sample of Report: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=12062

Measures to Bring Down Mortality Rates Uptick Demand

The global market is driven by the rising instance of cardiovascular diseases. The wayward lifestyles of the populace have increased the risk of diseases and have adversely affected the heart rates of individuals. In recent times, the initiatives of healthcare centers to inform people on the importance of cardiovascular health has created a sense of awakening across the world. This has proliferated the demand within the cardiac rehabilitation market. Furthermore, cardiac disorders, dysfunctions, and diseases have contributed to the high rates of mortality and morbidity. The quest of national governments to enhance the healthcare index has driven the demand for cardiac rehabilitation. The geriatric population has also been on a rise in recent times, which further escalates the demand for cardiac rehabilitation. Since the risk of cardiovascular diseases in people aged above 60 years, it is vital to have a swift mechanism of treatment for this section of the population. The concerted efforts of international bodies such as the WHO are expected to enhance the market.

Request For Discount On This Report: https://www.transparencymarketresearch.com/sample/sample.php?flag=D&rep_id=12062

High Costs of Cardiac Rehabilitation Products Could Obstruct Market Growth

The technologies employed within the domain of cardiac rehabilitation are complex and expensive. This makes the cost of products within the market unaffordable for a large population. The restraints on the market intensify when new technologies outdo the cardiac rehabilitation products. The high capital and intensive research employed in cardiac rehabilitation products make it difficult to regulate the costs. Furthermore, the enrolments in cardiac rehabilitation programs are low which adds to the woes of the market. However, the formulation of flexible schedules for cardiac rehabilitation programs can help in overcoming this problem.

 

Advertisements

New Trends of Cardiac Rehabilitation Market with Worldwide Industry Analysis to 2024

In the highly consolidated global market for cardiac rehabilitation, innovations and product costs will be major determinants of success, marks a recent report by Transparency Market Research. The top two companies in the market, Brunswick Corporation and Technogym, had a clear hold on the market’s overall growth prospects, accounting for a combined share of over 50% in 2015. Other leading vendors such as Brunswick Corporation, Johnson health Tech Co., and Amer Sports, in combination with these two companies, accounted for a share of nearly 70% in the global market in the same year.

Characterized by high competitive rivalry, high rate of introduction of technologically advanced products, and a continuous rise in global demand, the market for cardiac rehabilitation will emerge as a lucrative investment hub for investors in the years to come.

This 96 page report gives readers a comprehensive overview of the cardiac rehabilitation market. Browse through 9 data tables and 32 figures to unlock the hidden opportunities in this market: http://www.transparencymarketresearch.com/cardiac-rehabilitation-market.html

Rising Global Population of Geriatrics to be Major Driver

The world’s population of people aged more than 60 years is rising at a rapid pace, upping the risk of cardiovascular diseases as aging has a major impact on the body’s cardiovascular system. This factor is also the root cause of the increasing rates of morbidity, disability, mortality, and a substantial rise in the world’s healthcare costs. According to the Institute for Health Metrics and Evaluation, the world’s geriatric population suffered a 55% rise in deaths due to cardiovascular diseases between the period of 1990 and 2013.

WHO statistics, on the other hand, highlight another major concern – the high prevalence of cardiovascular diseases and resultant rise in deaths in developing and underdeveloped countries. Low- and middle-income countries in developing and underdeveloped parts of the globe account for a staggering 82% share in the total number of deaths caused due to non-communicable diseases across the world; of these, cardiovascular diseases account for a massive 37% share. Driven with the aim of improving the situation, sustained efforts for preventing and treating cardiovascular diseases undertaken on national and international levels will have a major impact the global cardiac rehabilitation market in the future.

High Product Costs to Constrain Demand for Cardiac Rehabilitation

Being a highly capital- and research-intensive marketplace, cardiac rehabilitation products, quite naturally, carry a high price tag and always carry the risk of being outclassed by newer and most often technologically advanced products in the market. In this highly dynamic market, where the rate of introduction of technologically advanced varieties of product types is immense, the high and rising costs of cardiac rehabilitation products are a major restraints for further expansion. Cost is a major constraint especially for the market’s growth in developing regions such as Asia Pacific and Latin America.

Request a sample of this report to know what opportunities will emerge in the rapidly evolving cardiac rehabilitation market during 2016 – 2024: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=12062

Apart from the factor of cost, low enrolments in cardiac rehabilitation programs and lack of skilled resources providing cardiac rehabilitation services are also major restraints for the global cardiac rehabilitation market. To overcome the challenge of low enrolments, vendors will have to focus more on formulating programs that have flexible schedules and are sensitively priced according to the region of operation. Intervention from government and private educational institutes will be necessary for increasing the number of rehabilitation counsellors on a global front.

The global market for cardiac rehabilitation had a valuation of US$1,010.93 mn in 2015. It will expand at a healthy 5.4% CAGR from 2016 through 2024 and rise to a valuation of US$1,622.9 mn by 2024.

This analysis of the global cardiac rehabilitation market has been based on a recent market research report, titled “Cardiac Rehabilitation Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2024.”

 

Alarming Prevalence of Cardiovascular Diseases to Boost Global Cardiac Rehabilitation Market

Increasing burden of cardiovascular diseases has made the global population realize the importance of physical activities in daily routine. This has increased demand for cardiac rehabilitation programs. Such programs help the patients to recover early from any previous cardiac strokes. A cardiac rehabilitation program is a comprehensive activity, which is continuously monitored in order to assist the population to improve their lifestyle. Various cardiovascular risk parameters are monitored and are tapered to healthy level. Cardiac rehabilitation programs include exercise training, monitoring of body vitals, education about healthy habits, and various other activities that helps the body to retain its healthy state. Cardiac rehabilitation activities help reduce the risk of future occurrence of cardiac strokes, reduce the pain and requirement for medicines in cardiac treatment, improve health status by decreasing the risk factors for cardiac attacks, and help to improve the health status by reducing the risk factors.

Cardiovascular diseases have surfaced as a major concern in the medical and healthcare industry. As elderly people are more prone to these diseases, the significant increase in the global geriatric population has augmented the risk of their prevalence, which consequently, is having a phenomenal impact on the demand for cardiac rehabilitation measures across the world.

According to Transparency Market Research (TMR), the global market for cardiac rehabilitation offered an opportunity of US$1.0 bn in 2015. Boosted by the rising incidence of cardiac arrest, heart failure, and other cardiovascular diseases, the opportunity of this market is likely to expand at a CAGR of 5.40% during the period from 2016 to 2024 and reach a value of US$1.6 bn by the end of 2024.

Read Full Report: http://www.transparencymarketresearch.com/cardiac-rehabilitation-market.html

Through this blog post, analysts at TMR are answering some of the most important questions about the global cardiac rehabilitation market:

What are the key driving forces behind the growth of the global cardiac rehabilitation market?

The surge in the prevalence of cardiovascular diseases across the world is the key factor behind the tremendous growth of the global market for cardiac rehabilitation. Apart from this, the technological advancements in the medical and healthcare infrastructure, rise in the purchasing power of consumers, and the awareness about the role of cardiac rehabilitation in the treatment of various cardiovascular diseases are also boosting this market considerably.

Which of the geographical segments is likely to dominate the global market for cardiac rehabilitation?

North America, which has been leading the global market for cardiac rehabilitation over the last few years due to the high disposable income of people, enabling them to spend on expensive treatment services, is likely to continue its leading streaks in the forthcoming years with a majority share.

Download exclusive Sample of this Report: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=12062

Other regional markets, specifically Europe and Asia Pacific are also projected to witness strong growth over the next few years, thanks to the growing awareness about cardiac rehabilitation and its advantages. The advancing technology and the state-of-art medical and healthcare infrastructure are expected to support the Europe market for cardiac rehabilitation while the Asia Pacific market is likely to gain from the improving economic conditions in developing nations. Between 2016 and 2024, the market for cardiac rehabilitation is estimated to expand at a CAGR of 6.80%, higher than all other regional markets.

What are the main strategies market players are adopting for the development of their businesses?

Mostly, the key players are relying on product innovation for business development. Price competition is another significant strategy, participants are adopting to gain an edge over their competitors. Going forward, the leading companies are expected to shift their focus towards strategic alliances, mergers, and acquisitions to enhance their visibility in the global market.

 

Cardiac Rehabilitation Market: Industry Players Shifting Focus towards Developing Economies

Cardiovascular diseases have surfaced as a major concern in the medical and healthcare industry. As elderly people are more prone to these diseases, the significant increase in the global geriatric population has augmented the risk of their prevalence, which consequently, is having a phenomenal impact on the demand for cardiac rehabilitation measures across the world.

According to Transparency Market Research (TMR), the global market for cardiac rehabilitation offered an opportunity of US$1.0 bn in 2015. Boosted by the rising incidence of cardiac arrest, heart failure, and other cardiovascular diseases, the opportunity of this market is likely to expand at a CAGR of 5.40% during the period from 2016 to 2024 and reach a value of US$1.6 bn by the end of 2024.

Read Full Report: http://www.transparencymarketresearch.com/cardiac-rehabilitation-market.html

Through this blog post, analysts at TMR are answering some of the most important questions about the global cardiac rehabilitation market:

What are the key driving forces behind the growth of the global cardiac rehabilitation market?

The surge in the prevalence of cardiovascular diseases across the world is the key factor behind the tremendous growth of the global market for cardiac rehabilitation. Apart from this, the technological advancements in the medical and healthcare infrastructure, rise in the purchasing power of consumers, and the awareness about the role of cardiac rehabilitation in the treatment of various cardiovascular diseases are also boosting this market considerably.

Which of the geographical segments is likely to dominate the global market for cardiac rehabilitation?

North America, which has been leading the global market for cardiac rehabilitation over the last few years due to the high disposable income of people, enabling them to spend on expensive treatment services, is likely to continue its leading streaks in the forthcoming years with a majority share.

Download exclusive Sample of this Report: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=12062

Other regional markets, specifically Europe and Asia Pacific are also projected to witness strong growth over the next few years, thanks to the growing awareness about cardiac rehabilitation and its advantages. The advancing technology and the state-of-art medical and healthcare infrastructure are expected to support the Europe market for cardiac rehabilitation while the Asia Pacific market is likely to gain from the improving economic conditions in developing nations. Between 2016 and 2024, the market for cardiac rehabilitation is estimated to expand at a CAGR of 6.80%, higher than all other regional markets.

What are the main strategies market players are adopting for the development of their businesses?

Mostly, the key players are relying on product innovation for business development. Price competition is another significant strategy, participants are adopting to gain an edge over their competitors. Going forward, the leading companies are expected to shift their focus towards strategic alliances, mergers, and acquisitions to enhance their visibility in the global market.

Cardiac Rehabilitation Market will expand at a healthy 5.4% CAGR from 2016 through 2024

That aging has a significant impact on the cardiovascular system of humans is a well-known fact. As the world’s population of people aged more than 60 years rises at an alarming pace, the risk of deaths directly caused by a number of cardiovascular conditions is also rising. The WHO stated that nearly 17.5 mn deaths across the globe occurred due to a cardiovascular disease in 2015, accounting for a massive 31% of total global deaths that year.

Rising geriatric population and heightening concerns regarding the rising burden of cardiovascular diseases on struggling economies are the chief factors driving the increased demand for effective cardiac rehabilitation measures across the globe. Increased awareness regarding the fact that cardiovascular diseases can be prevented by adopting healthy lifestyles are also playing a major role in the rising global consumption of cardiac rehabilitation devices such as stationary bicycle, treadmills, elliptical trainers, heart rate monitors, and rowers. In addition to these factors, the rising intervention of government and private bodies are also playing a major role in raising the awareness regarding preventive measures, cardiac rehabilitation practices, and products.

TMR findings suggest that the global cardiac rehabilitation market expansion at a 5.4% CAGR from 2016 to 2024. The market, which had a valuation of US$1,010.93 mn in 2015, will rise to US$1,622.9 mn by 2024.

Elliptical Trainers to Gain Prominence

Several studies have highlighted the vast and more beneficiary health effects of elliptical trainers, the devices that mimic climbing stairs, in comparison to other devices commonly used for cardio fitness. A study by the National Center for Biotechnology Information (NCBI) states that elliptical trainers have more benefits than exercises such as ground and treadmill walking and cycling. As a result, variety of elliptical trainers, such as seated and upright models, will be the most preferred cardiac rehabilitation products in the years to come.

The segment also dominates presently, accounting for an approximately 27% share of the global market in 2015. The valuation of the elliptical trainers segment is expected to expand at a healthy 6.0% CAGR from 2016 to 2024 in the global cardiac rehabilitation market.

The segment of heart rate monitors is also expected to gain a major push in the global cardiac rehabilitation market in the next few years. Factors that will increase the popularity of heart rate monitors will be the rising technological advancements, increasingly reliable outputs of new-age products, and their portable nature. The segment will expand at an approximately 7% CAGR from 2016 to 2024.

View exclusive Global strategic Business Report : http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=12062

North America to Continue Dominating Global Market but Emerging Economies to Fare Better for Investment Returns

The impact of cardiovascular diseases is especially tasking for developing and underdeveloped economies such as countries in Latin America, Asia Pacific, and Africa. The population in these regions accounts for a huge share of 82% in the overall deaths caused by non-communicable diseases across the world every year. A massive 37% of this is on account of deaths caused due to cardiovascular diseases.

As cardiovascular diseases form a huge burden on the already weak economies of developing and underdeveloped countries, and efforts are being undertaken to raise awareness regarding the need for cardiac rehabilitation for patients with cardiac disorders.

The global cardiac rehabilitation market will gain a sizeable share in the overall revenues from North America, which is presently the dominant regional market, over the period of forecast as well. North America accounted for over 50% share in the global market in 2014. However, developing regions across Asia Pacific and Latin America will lead to the most lucrative returns on investment owing to rising healthcare expenditure and increased awareness among the population. The market in Asia Pacific will expand at the highest CAGR of 6.8% from 2016 to 2024.