SAN FRANCISCO, June 28, 2022 /PRNewswire/ — A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled “Cardiac Rehabilitation Devices – Global Market Trajectory & Analytics”. The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
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What’s New for 2022?
- Global competitiveness and key competitor percentage market shares
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Edition: 9; Released: January 2022
Executive Pool: 1757
Companies: 47 – Players covered include Amer Sports Corporation; Brunswick Corporation; Core Health & Fitness LLC; Halma PLC; Honeywell International, Inc.; Johnson Health Tech Co., Ltd.; Koninklijke Philips N.V.; LifeWatch AG; Omron Corporation; Patterson Companies Inc.; Smiths Group PLC; Technogym SpA and Others.
Coverage: All major geographies and key segments
Segments: Segment (Elliptical Trainer, Stationary Bicycle, Treadmill, Heart Rate Monitor, Blood Pressure Monitor, Other Segments)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.
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Global Cardiac Rehabilitation Devices Market to Reach $1.6 Billion by 2026
Amid the COVID-19 crisis, the global market for Cardiac Rehabilitation Devices estimated at US$1.2 Billion, is projected to reach a revised size of US$1.6 Billion by 2026, growing at a CAGR of 5.1% over the analysis period. Elliptical Trainer, one of the segments analyzed in the report, is projected to record a 5.6% CAGR and reach US$605.5 Million by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Stationary Bicycle segment is readjusted to a revised 5% CAGR for the next 7-year period.
The U.S. Market is Estimated at $376.6 Million in 2021, While China is Forecast to Reach $288.5 Million by 2026
The Cardiac Rehabilitation Devices market in the U.S. is estimated at US$376.6 Million in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$288.5 Million by the year 2026 trailing a CAGR of 4.9% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.8% and 4.3% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 4.8% CAGR.
Treadmill Segment to Reach US$486.1 Million by the year 2026
In the global Treadmill segment, USA, Canada, Japan, China and Europe will drive the 4.9% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$293.1 Million will reach a projected size of US$411 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More
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Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.
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SOURCE Global Industry Analysts, Inc.