The Cardiac Rehabilitation Market is being driven by High prevalence of cardiovascular diseases
The Cardiac Rehabilitation Market is expected to grow at a CAGR of 6.59% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 1965.3 million. In the realm of healthcare, telerehabilitation represents a significant advancement in delivering cardiac rehabilitation services via telecommunication networks and the Internet. Comprised of clinical assessment and therapy components, telerehabilitation's adoption is escalating due to its travel, cost, and time efficiency, making it an attractive alternative for patients. Hospitals are embracing telerehabilitation to provide comprehensive cardiac programs, which encompass information, education, and lifestyle modification training. By bridging the gap between patients and healthcare providers, telerehabilitation expands accessibility to a broader patient base, thereby enhancing the reach and impact of cardiac rehabilitation programs.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
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Report Coverage |
Details |
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Page number |
168 |
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Base year |
2023 |
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Historic period |
2018-2022 |
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Forecast period |
2024-2028 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 6.59% |
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Market growth 2024-2028 |
USD 1965.3 million |
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Market structure |
fragmentation |
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YoY growth 2023-2024(%) |
6.18 |
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Key countries |
US, China, Germany, Japan, UK, Australia, India, France, Brazil, UAE, Rest of World (ROW), Saudi Arabia, France, South Korea, Mexico, Italy, and Spain |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The cardiac rehabilitation market caters to patients diagnosed with various cardiovascular diseases, including myocardial infarction, coronary artery disease, heart attack, obesity, diabetes, hypertension, and more. A significant portion of this market is dominated by the treadmill segment used for exercise training to improve patients' ability to perform daily life activities and enhance quality of life. Assessment of hypertension, diabetes, and obesity is crucial in the diagnosis and intervention of cardiovascular diseases. Blood pressure monitors and other preventive equipment play a vital role in the early detection and management of these conditions. A & D Medical, a leading player in the cardiac rehabilitation market, offers a range of products such as blood pressure monitors, ECG machines, and cardiac rehabilitation equipment. Minimal invasive surgeries have also gained popularity in cardiac rehabilitation programs, reducing risks and improving patient outcomes. Cardiac rehabilitation programs focus on risk reduction through exercise training, addressing both psychological and physiological stresses. These programs aim to improve patients' ability to perform daily life activities and reduce the risk of future cardiovascular events. In summary, the cardiac rehabilitation market encompasses various disease types, assessment tools, and intervention methods aimed at improving patients' quality of life and reducing the risks associated with cardiovascular diseases.
The Cardiac Rehabilitation Market encompasses the earnings derived from the sale of healthcare applications and IT systems, internet-based healthcare instruments (including monitoring devices), telehealth technologies, digital health solutions, and IT consulting services to healthcare providers such as clinics, hospitals, or businesses predominantly engaged in the healthcare sector. According to Technavio's market analysis, the global healthcare industry size is determined by the consolidated revenue generated by manufacturers/providers of medical equipment, supplies, pharmaceuticals, biotechnology, healthcare technology companies, and life sciences tools and services. The expansion of the healthcare technology market will be fueled by factors influencing both the healthcare industry and the IT expenditure market. Key driving factors include the persistent demand for cost reduction: In developed and emerging economies, healthcare companies encounter significant pressure to decrease expenses.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
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