The global cardiac rehabilitation market is set to experience steady growth, with revenue expected to rise from USD 2,343.5 million in 2024 to USD 3,674.3 million by 2034, reflecting a CAGR of 4.6% over the forecast period. This growth is primarily driven by the increasing prevalence of cardiovascular diseases, the aging global population, and the rising demand for heart health monitoring and rehabilitation services.
Cardiac rehabilitation is a vital service for patients recovering from heart attacks, surgeries, or other cardiac events. It focuses on helping patients improve cardiovascular health through exercise, lifestyle changes, and continuous monitoring, playing a key role in preventing further cardiac events. The growing burden of lifestyle-related heart diseases and the rise in aging populations are significantly contributing to the rising demand for these rehabilitation services.
As the need for continuous cardiac care becomes more apparent, rehabilitation programs are increasingly viewed as essential for managing and improving the health of patients post-cardiac events. Chronic diseases, such as heart conditions, require long-term management, and the rehabilitation sector is crucial in enhancing the recovery process and improving patients’ quality of life.
The cardiac rehabilitation market presents opportunities for healthcare providers, fitness facilities, and medical device companies. Companies that focus on innovative rehabilitation solutions, remote monitoring technologies, and personalized care plans are well-positioned to capitalize on this growing demand. As awareness of the importance of heart health continues to rise globally, the market for cardiac rehabilitation services is expected to grow steadily through 2034.
Market Drivers
- Rising Burden of Cardiovascular Diseases: The increasing prevalence of cardiovascular diseases due to lifestyle-related factors and the aging population necessitates continuous monitoring and rehabilitation services for heart health.
- Need for Post-Acute Care: Cardiac rehabilitation programs are essential for managing patients recovering from heart attacks, surgeries, or other cardiac events, helping them regain strength and reduce the risk of future complications.
- Technological Advancements: Innovations such as telehealth and mobile applications have improved access to cardiac rehabilitation services, particularly for patients with mobility issues or those living in rural areas.
- Government Initiatives and Funding: Increased governmental efforts and funding for heart health programs are raising awareness about the importance of cardiac rehabilitation for all patients following acute events.
Challenges in the Industry
- Access to Rehabilitation Services: Financial constraints and limited availability of rehabilitation facilities can hinder patient access to necessary services.
- Awareness and Education: There is still a need for greater awareness among patients and healthcare providers about the benefits of cardiac rehabilitation programs.
Key Takeaways:
- Market Valuation: The global cardiac rehabilitation market is projected to grow from USD 2,343.5 million in 2024 to USD 3,674.3 million by 2034.
- Growth Momentum: The market is expected to expand at a CAGR of 4.6% from 2024 to 2034, reflecting steady growth driven by rising healthcare needs.
- Market Drivers: The increasing burden of cardiovascular diseases, lifestyle-related health issues, and the aging population are fueling demand for cardiac rehabilitation services.
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Competitive Landscape of the Cardiac Rehabilitation Industry
Companies operating in the cardiac rehabilitation sector industry collaborate with another market player to take advantage of their research capability and achieve breakthrough discoveries. It provides a competitive advantage to both companies. These collaborations are also focused on synergistically utilizing the already existing technology of the Partner Company and improving its market reach.
Introducing novel products in the market is a common strategy adopted by the companies. Below mentioned are a few examples of recent developments that took place in the cardiac rehabilitation industry.
Recent Industry Developments in the Cardiac Rehabilitation Market
- In June 2023, SupeRun introduced 2 in 1 folding treadmill. There are various features that it offers such as it can be connected to mobile devices, which allows users to record data while running.
- In November 2023, Huawei and Johnson Health Tech jointly launched all new smart home treadmills during the 6th China International Import Expo
- In November 2022, OMRON Healthcare, Co., Ltd. and CardioSignal collaborated to offer innovative early cardiovascular disease detection solutions.
Key Players of the Cardiac Rehabilitation Industry
- Honeywell International, Inc.
- BioTelemetry, Inc.
- Omron Corporation
- Core Health & Fitness, LLC
- GE Healthcare
- Smiths Group
- Brunswick Corporation
- Halma plc
Cardiac Rehabilitation Market Segmentation
By Product:
In terms of product, the industry is segmented into ellipticals, stabilization balls, stationary balls, treadmills, heart rate monitors, blood pressure monitors, rovers, and others.
By Region:
Key countries of North America, Latin America, Western Europe, Eastern Europe, South Asia, East Asia, the Middle East, and Africa have been covered in the report.
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Author By:
Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.
Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.
Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.
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