Cardiac Rehabilitation Market To Reach USD 2.29 Billion By 2026 | Reports and Data – Yahoo Finance

Posted: March 2, 2020 at 4:45 pm

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Cardiac Rehabilitation Market Size USD 1.37 billion in 2018, CAGR of 6.6%, Cardiac Rehabilitation Industry Trendsfree fall in healthy living lifestyle, multiple global initiative and government policies.

New York, March 02, 2020 (GLOBE NEWSWIRE) -- According to the current analysis of Reports and Data, thecardiac rehabilitation marketwas valued at USD 1.37 billion in 2018 and is expected to reach USD 2.29 billion by the year 2026, at a CAGR of 6.6 %. Cardiac rehabilitation is a healthcare program that guides people who have survived a heart attack, transplant surgery, or any other heart disease to live a healthy lifestyle. They provide counseling to the patients about diet, exercises, stress management, etc. so that the person lives an optimal quality of lifestyle. Moreover, Cardiac rehabilitation also offers different programs to people with different medical histories.

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The rising number of heart surgeries due to various diseases such as cholesterol, metabolism syndrome, diabetes, and other lifestyle disorders is a critical factor for market growth. According to the Center for Disease Control and Prevention (CDC), nearly 71 million adults have high cholesterol consisting of low-density lipoprotein, a common cause of heart disorders in the US. Patients suffering from cardiac diseases such as arrhythmia and cardiomyopathy are also expected to fuel the market widely. Atrial fibrillation, a prevalent type of arrhythmia, has widely affected the population in the US. For instance, the Center for Disease Control and Prevention (CDC) estimated that about 2.7 million people in the US have atrial fibrillation, and this number is further expected to increase in the near future.

Furthermore, the elderly population is quite prone to heart disorders due to aging effects, becoming a critical factor for the cardiac rehabilitation market. Regionally, Asia Pacific is expected to give the highest share in the market due to the presence of a vast elderly population in the area considering China and India. The exchange also provides a massive opportunity for technological advancements in the healthcare sector. New devices are generated, such as hand devices that track heart rate, blood pressure, count footsteps, etc. to improve lifestyle, which is expected to propel the market growth. However, high cost of cardiac rehabilitation devices, frequent product recalls, and high costs involved in the technology behind the products are expected to be a significant restraint for the market. Moreover, rising awareness could reduce the prevalence of such diseases leading to a decrease in market growth.

Further key findings from the report suggest

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For the purpose of this report, Reports and Data has segmented the Cardiac Rehabilitation market on the basis of device type, application, end use and region:

Device type Outlook (Revenue in Million USD; 20162026)

Application Outlook (Revenue in Million USD; 20162026)

End Use Outlook (Revenue in Million USD; 20162026)

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Regional Outlook (Revenue in Million USD; 20162026)

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Cardiac Rehabilitation Market To Reach USD 2.29 Billion By 2026 | Reports and Data - Yahoo Finance

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