Market Overview
The Cardiac Rehabilitation Market size is estimated at USD 2.18 Billion in 2023, and is expected to reach USD 3.63 Billion by 2032, growing at a CAGR of 6% during the forecast period (2024-2032).
Comprehensive programs designed to support the cardiovascular wellness of patients having heart conditions or undergoing any heart-related surgery are an area of specific focus within the cardiac rehabilitation market, specialist healthcare. Among these diseases are heart attacks, coronary artery bypass grafting, angioplasty, and heart failure. The outcomes of cardiac rehabilitation include reduced risk of the development of new heart disease and overall enhanced quality of life through betterment of mental and physical improvement.
There are usually three major components in cardiac rehabilitation: lifestyle counselling, planned exercise programs, and medical evaluation. Medical evaluation encompasses assessing the current condition of a patient's health and devising personalized treatment programs. In consultation with physicians, exercise programs are formulated to enhance cardiovascular fitness and minimize cardiac workload. The primary objectives of lifestyle counselling are to educate patients on heart-healthy eating habits, quitting smoking, stress reduction, and other life aspects. These programs are provided virtually for remote treatment or in clinical locations such as hospitals, wellness centres, and outpatient clinics.
The increasing global cases of cardiovascular diseases are primarily due to the aging population, a sedentary lifestyle, and unhealthy diet, making one of the reasons that this market is moving forward. Expanded healthcare infrastructure investments and improved awareness of the benefits offered by rehabilitation programs are driving the demand. Advances in telemedicine and digital health technology have allowed for the development of remote monitoring and virtual cardiac rehabilitation programs, providing access to underserved areas and improving adherence to rehabilitation procedures.
Some of the challenges facing this market include low patient participation rates, high program costs, and restricted reimbursement rules, among others. Despite these challenges, the market is growing because more government programs to support cardiovascular health are being implemented and collaboration between tech firms and health professionals is on the increase.
Due to well-established health care systems, high levels of awareness, and substantial investments in cardiac care, North America presently dominates most of the industry. In the meantime, the Asia-Pacific region is growing rapidly owing to growing disposable incomes, better access to health care, and a growing burden of cardiovascular diseases.
All things considered, the market of cardiac rehabilitation is crucial for the management of cardiovascular disease as it offers holistic therapy to improve patient outcomes as well as reduce medical bills. Technological advancement and also governmental supports are expected to drive market growth with the increasing numbers of cardiac diseases in the future of the world.
Key facts
- Cardiovascular diseases are the leading cause of death worldwide.
- Approximately 17.9 million people died from CVDs in 2019, accounting for 32% of all deaths worldwide. Of these deaths, 85% were from heart attack and stroke.
- More than three quarters of CVD deaths occur in low- and middle-income countries.
- For all 17 million death years lost by non-communicable diseases before 70 in 2019, CVDs is leading for 38 %.
- Nearly all the conditions of cardiovascular disease may be avoided by modifications of behaviours and environmental risks namely the tobacco use, low physical activity and unhealthy diet that cause obesity, unhealthy harmful alcohol consumption and air pollution.
- It is important to detect cardiovascular disease at the earliest so management with counselling and drugs begins.
Market Dynamics - Market Drivers
Increasing Efforts to Reduce the Heart Diseases Across the Globe
- Rising CVD cases-a common cause of morbidity and mortality-are arousing an effort aimed to reduce heart illnesses everywhere across the globe. With a new agenda, government authorities and health care agencies and NGOS are introducing all-comprehensive public health policies designed at prevention through lifestyle modifications and detection at the early stages while creating awareness. These programs usually involve public education advocating for heart healthy lifestyle behaviours, such as a balanced diet, regular exercise, and not smoking. In order to put the emphasis on primary prevention, WHO and other organizations have set goals to reduce premature deaths from cardiovascular disease by 25% by 2025.
- Several countries increase funding for innovative medical research and treatment options, enhance accessibility to the cardiac rehabilitation program, and put cardiovascular health into their national health plans. Health systems are also focusing on proper screening practices and community-based treatments to identify those early who are at risk. In an attempt to reduce the incidence of heart disease and to improve the public health, these collaborative efforts are cultivating a prevention culture. An enhanced international approach to cardiovascular health is being promoted by increasing knowledge about the social and economic consequences of heart disease, which helps sustain these efforts.
Rising Focus of General Population on Health and Fitness in Developed Countries
- Increased public interest in fitness and health in developed nations has generated tremendous demand for health care and rehabilitation services, particularly relating to cardiovascular health. Increasing awareness of the need to stay fit in order not to fall victim to chronic diseases like CVD has fuelled this trend. Increasing awareness of the long-run benefits of regular exercise, healthy diet, and mental wellbeing have made people proactive in handling their health.
- The easy availability of information through a rise in the use of fitness technologies, including wearable devices, and health-related applications via smartphones that let people have an easy overview of the heart rate and their entire activity, are also promoting this movement. Social campaigns on media through fitness-related challenges, supportive groups around communities, and healthy-eating practices drive people into healthier lifestyles. Further, many companies are making investment in wellness programs with proper resources to support its workforces in the area of healthy lifestyle. Since all these activities bring society to a healthy way life reducing the burden of diseases, participation in cardiac rehabilitation and prevention programs further builds on to it.
Key Findings:
- In May 2023, Deaths from cardiovascular disease (CVD) jumped globally from 12.1 million in 1990 to 20.5 million in 2021, according to a new report from the World Heart Federation (WHF).
Market Opportunities
Expansion of Telehealth Services for Cardiac Rehabilitation
- Telehealth expansion offers vast opportunities for cardiac rehabilitation specifically with respect to the issue of barriers patients face from remote or underserved places. Telehealth is such an option that allows a health care provider to remotely deliver programs, and patients, through their homes, can participate in exercise training, nutritional counselling, and lifestyle management. This strategy is likely to increase access to services for those who are limited by distance, poor transport, or physical challenges to go to traditional rehabilitation facilities.
- Telehealth also enables real-time and continuous monitoring of patient results using wearable devices and health mobile applications. This means patients can be made more accountable and responsive to rehabilitation sessions. This technology will also streamline communication between the patients and healthcare providers and ensure timely adjustments to care when needed based on real-time data. Telehealth is likely to eventually reduce the costs of a visit to a hospital or doctor that a patient undergoes as a result of seeking care. As this form of healthcare delivery becomes increasingly accepted worldwide, especially in the wake of COVID-19, a one-time opportunity exists in including telehealth services into standard cardiac rehabilitation programs where outcomes for a wider cross-section of patients will ultimately be improved
Key Findings:
- 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.
- In November 2023, Johnson Health Tech and Huawei launched a new smart home treadmill at the sixth China International Import Expo.
- In June 2023, SupeRun launched its flagship product, the 2-in-1 Folding Treadmill. The machine can be connected to mobile using the PitPatant online competition platform, which allows to recording of all data while it's running. With a strong and solid construction, the SupeRun Treadmill is perfectly suitable for use at home thanks to the flexible design that saves space as well as being easy to move.
Market Restraining Factors
Lack of Knowledge in the Developing or Under Developed Nations
- Lack of knowledge on cardiovascular diseases, in developing and underdeveloped nations, the large number of uninformed patients is a major limitation towards the management of heart diseases and proper cardiac rehabilitation services. Lack of education and availability of health services often make a patient believe in myths or superstitions concerning the cause and prevention of heart diseases, thus delays proper diagnosis and treatment. Many people in these regions do not know the need for maintaining a healthy lifestyle that involves regular exercise and proper nutrition, nor are they aware of the benefits of cardiac rehabilitation after cardiac events.
- These countries, in addition, face inadequate funding, lack of skilled professionals in the health sector, and poor infrastructure that inhibits the spread of vital health information. Public health initiatives that aim to encourage heart health may not exist or may be minimal. The resultant effect is a vicious cycle of ignorance and negligence as people are not prepared to proactively take steps towards taking care of their heart health. Closing the knowledge gap is therefore imperative in improving health outcomes and enhancing participation in cardiac rehabilitation programs in these regions.
Segmentation Analysis
The market scope is segmented because of by Product, by End-use.
By Product
Based on the Product of the market is segmented into Treadmill, Elliptical Trainee, Stabilization Ball, Rower, Blood Pressure Monitor, Heart Rate Monitor, Others.
The treadmill captured the maximum market share of 24.1% in the industry, dominating it in 2023. Frequent usage of the treadmill will help make the heart strong and increases the rate of blood circulation while minimizing the risks associated with diseases of the heart. The global market share for the cardiac rehabilitation product category is dominated by treadmills for various reasons. It includes a growing population who are worried about their health and fitness as well as the increasing rate of lifestyle-related disorders like obesity and cardiovascular disease.
Due to the increasing prevalence of heart disease and other cardiovascular diseases, the blood pressure monitor is likely to register the fastest growth of 6.8% in the forecast period. Advances in technology are also making blood pressure monitoring more high-tech and user-friendly. Additionally, the growing use of home blood pressure monitoring may probably contribute to market expansion. Using blood pressure monitors, the users can actually monitor their readings and as a result establish how susceptible they are to various chronic illnesses.
By End-use
Based on the End-use of the market is segmented into Rehabilitation Centres, Hospitals & Clinics, Homecare & Others.
In 2023, the market was dominated by the rehabilitation centres category. This is because of the growing incidence of cardiovascular diseases and public awareness of the benefits of cardiac rehabilitations in terms of bettering health outcomes. Specialized rehabilitation programs are often required to manage the health of the growing elderly population. Wearable technology and telemedicine alternatives also make healthcare more accessible and enhance patient involvement.
The trend of specialized and preventive treatment and hiring personnel with experience in multiple disciplines is likely to propel the 8.5% compound annual growth rate for the hospitals and clinics segment in the projection period. Hospitals are well-equipped and have strong infrastructures for delivering health care and are equipped to deal with complex medical conditions. Another factor that is expected to drive the growth of the market is the incorporation and adoption of state-of-the-art technologies in the treatment of cardiovascular diseases.
Regional Snapshots
By region, Insights into the markets in North America, Europe, Asia-Pacific, Latin America and MEA are provided by the study. Among the regions mentioned above, North America is dominating the cardiac rehabilitation market at the moment. This can primarily be attributed to advanced infrastructure in healthcare, high prevalence rates of cardiovascular diseases, and also the presence of well-established facilities for rehabilitation in the region. The U.S. and Canada have made great strides in cardiac rehabilitation programs in the region, thanks to government initiatives and health policies that emphasize preventive care and rehabilitation in the management of heart diseases. In addition, the fact that several countries have high rates of health insurance coverage facilitates access to cardiac rehabilitation services, hence boosting market growth.
In contrast, the Asia-Pacific region is likely to be the most rapid-growing market for cardiac rehabilitation. This growth is on account of the increased heart diseases incidence due to changes in lifestyle, urbanization, and an aging population. The number of countries in this region that are experiencing an increase in disposable incomes, thus spending more on healthcare services and infrastructure, includes India and China. Increasingly, cardiac rehabilitation is being acknowledged for its significance, and the different governments and healthcare bodies offer programs to address cardiovascular disease. The expansion of accessibility in healthcare, coupled with improved health awareness and an increasing concern to effectively manage heart diseases in Asia-Pacific, has presented significant potential for future growth of cardiac rehabilitation services.
As per WHO:
- Availability by region ranged from 80.7% of countries in Europe, to 17.0% in Africa (p < .001). There were 5753 programs globally that could serve 1,655,083 patients/year, despite an estimated 20,279,651 incident IHD cases globally/year.
List of Companies Profiled
- 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
Key Industry Developments
- In October 2023, Halma, a global group of life-saving technology companies, announces that it has acquired Alpha Instrumatics for its Environmental and Analysis company, Alicat, and AprioMed for its Healthcare company, IZI Medical Products.
- In June 2022, Johnson Health Tech (JHT) announced their acquisition of the fitness division of Cravatex Brands Limited, a prior distributor for JHT, becoming the first fitness equipment company to have a wholly owned subsidiary in India.
- In January 2022, ICU Medical Inc. announced that it has completed its acquisition of Smiths Medical from Smiths Group plc (LSE: SMIN.L).
Report Coverage
The report will cover the qualitative and quantitative data on the Global Cardiac Rehabilitation Market. The qualitative data includes latest trends, market players analysis, market drivers, market opportunity, and many others. Also, the report quantitative data includes market size for every region, country, and segments according to your requirements. We can also provide customize report in every industry vertical.
Report Scope and Segmentations
Study Period | 2024-32 |
Base Year | 2023 |
Estimated Forecast Year | 2024-32 |
Growth Rate | CAGR of 6% from 2024 to 2032 |
Segmentation | By Product, By End-use, By Region |
Unit | USD Billion |
By Product | - Treadmill
- Elliptical Traine
- Stabilization Ball
- Rower
- Blood Pressure Monitor
- Heart Rate Monitor
- Others
|
By End-use | - Rehabilitation Centers
- Hospitals & Clinics
- Homecare & Others
|
By Region | - North America (U.S., Canada, Mexico)
- Europe (Germany, France, UK, Italy, Spain, Russia, Rest of Europe)
- Asia-Pacific (China, India, Japan, ASEAN, Rest of Asia-Pacific)
- Latin America (Brazil, Mexico, Rest of Latin America)
- MEA (Saudi Arabia, South Africa, UAE, Rest Of MEA)
|
Regional Analysis
North America accounted for the highest xx% market share in terms of revenue in the Cardiac Rehabilitation market and is expected to expand at a CAGR of xx% during the forecast period. This growth can be attributed to the growing adoption of Cardiac Rehabilitation. The market in APAC is expected to witness significant growth and is expected to register a CAGR of xx% over upcoming years, because of the presence of key Cardiac Rehabilitation companies in economies such as Japan and China.
The objective of the report is to present comprehensive analysis of Global Cardiac Rehabilitation Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language.
Cardiac Rehabilitation Market Report is also available for below Regions and Country Please Ask for that
North America
Europe
- Switzerland
- Belgium
- Germany
- France
- U.K
- Italy
- Spain
- Sweden
- Netherland
- Turkey
- Rest of Europe
Asia-Pacific
- India
- Australia
- Philippines
- Singapore
- South Korea
- Japan
- China
- Malaysia
- Thailand
- Indonesia
- Rest Of APAC
Latin America
- Mexico
- Argentina
- Peru
- Colombia
- Brazil
- Rest of South America
Middle East and Africa
- Saudi Arabia
- UAE
- Egypt
- South Africa
- Rest Of MEA
Points Covered in the Report
- The points that are discussed within the report are the major market players that are involved in the market such as market players, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.
- The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. This report analysed 5 years data history and forecast.
- The growth factors of the market are discussed in detail wherein the different end users of the market are explained in detail.
- Data and information by market player, by region, by type, by application and etc., and custom research can be added according to specific requirements.
- The report contains the SWOT analysis of the market. Finally, the report contains the conclusion part where the opinions of the industrial experts are included.
Key Questions
- How much the global Cardiac Rehabilitation Market valued?
- Which region has the largest share in 2024 for the global Cardiac Rehabilitation Market?
- What are the driving factors for the market?
- Which is the leading segment in the global market?
- What are the major players in the market?
Research Scope of Cardiac Rehabilitation Market
- Historic year: 2019-2022
- Base year: 2023
- Forecast: 2024 to 2032
- Representation of Market revenue in USD Million
Cardiac Rehabilitation Market Trends: Market key trends which include Increased Competition and Continuous Innovations Trends: