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South and Central America Cardiac Rehabilitation Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product (Heart Rate Monitor, Stabilization Balls, Treadmill, Rower, Elliptical Trainer, Blood Pressure Monitor, Stationary Bicycle, and Others), Application (Angioplasty, Coronary Artery Disease, Cardiomyopathy, Cholesterol Management, Diabetes, and Lung Transplant), and End User (Hospitals and Clinics, Specialty Hospitals, Home Healthcare, Cardiac Rehabilitation Centers, and Others)

Code: TIPRE00023032 | Pages: 125 | Industry: Medical Device | Date: Jun 2021
Covid

Market Introduction

Cardiac rehabilitation devices are used by patients suffering from heart diseases. These rehabilitation devices aid the patients in reducing the danger of heart attacks and heart diseases. Counseling sessions, psychosocial interventions, physical activity counseling, nutritional counseling, hypertension, diabetes & weight management, and exercise are some of the activities that aid in monitoring a patient’s disease.

 

Market Overview and Dynamics

The South and Central America cardiac rehabilitation market is expected to reach US$ 171.93 million by 2028 from US$ 125.17 million in 2021; it is estimated to grow with a CAGR of 4.6% from 2021 to 2028. The growth of the market is attributed to key driving factors such as rising incidences of cardiovascular diseases, and growing adoption of tele-cardiac rehabilitation. However, the high cost of the cardiac rehabilitation equipment is expected to obstruct the growth of the market to a certain extent during the forecast years.

In the last few decades, a few risk factors for cardiovascular diseases (CVDs) have improved, while others have worsened. At the same time, Americans’ average body mass index and prevalence of diabetes have augmented as the population continues to have made the CVD more prevalent. The prevalence of lifestyle diseases such as hypertension, obesity, dyslipidemia, and diabetes, which are major risk factors for CVD, is also rising. Heart disease has endured an important cause of death in Latin America for the past 20 years. The global patterns of total CVD have significant consequences for clinical practice and public health policy development. Therefore, a substantial increase in cardiovascular diseases is anticipated to positively influence the market growth during the forecast period. The breakthrough technologies such as e-cardiology and e-health have evolved considerably over the past years and are anticipated to impact CVD management and prevention. Also, tele-cardiac rehabilitation probably decreases barriers of distance, time, and cost. The family members of cardiac patients found telerehabilitation technologies a valuable digital toolbox in the rehabilitation process. Therefore, the significant growing adoption of tele-cardiac rehabilitation in the healthcare sector is anticipated to positively influence market growth during the forecast period.

The outbreak of COVID–19 has severely impacted the flow of medical services in the region. Also, the countries are popular for medical tourism, which is also affected by the pandemic. It is expected that the region is likely to impose a second lockdown, which will eventually hamper the healthcare industry in the region. Moreover, countries are significantly dependent on the US and European countries for their medical resources which are under strict trade restrictions. Thus, the South and central America cardiac rehabilitation market has experienced a significant slowdown and is expected to face the same in the following two to three years.

 

Key Market Segments 

The South and Central America cardiac rehabilitation market, by product, is segmented into heart rate monitor, stabilization balls, treadmill, rower, elliptical trainer, blood pressure monitor, stationary bicycle, and others. The treadmill segment held the largest share of the market in 2020, whereas the blood pressure monitor segment is anticipated to register the highest CAGR in the market during the forecast period.

The South and Central America cardiac rehabilitation market, by application, is segmented into angioplasty, coronary artery disease, cardiomyopathy, cholesterol management, diabetes, and lung transplant. The angioplasty segment held the largest share of the market in 2020, and the coronary artery disease segment is anticipated to register the highest CAGR in the market during the forecast period.

Based on end user, the South and Central America cardiac rehabilitation market has been segmented into hospitals & clinics, specialty hospitals, home healthcare, cardiac rehabilitation centers, and others. The cardiac rehabilitation centers segment held the largest share of the market in 2020, and home healthcare segment is estimated to register the highest CAGR in the market during the forecast period.

 

Major Sources and Companies Listed

A few of the primary and secondary sources associated with this report on the South and Central America cardiac rehabilitation market are the Brazilian Society of Cardiology (BSC), Argentine Foundation of Cardiology (FAC), and Argentine Society of Cardiology (ESC).

 

Reasons to buy the report

  • Determine prospective investment areas based on a detailed trend analysis of South and Central America cardiac rehabilitation market over the next years.
  • Gain an in-depth understanding of the underlying factors driving demand for different addictions therapeutics segments in the top spending countries and identify the opportunities offered by each of them.
  • Strengthen your knowledge of the market in terms of demand drivers, industry trends, and the latest technological developments, among others.
  • Identify the major channels driving the South and Central America cardiac rehabilitation market, providing a clear picture of future opportunities that will help analyze, resulting in revenue expansion.
  • Channelize resources by focusing on the ongoing programs undertaken by the different countries within the South and Central America cardiac rehabilitation market.

 

SOUTH AND CENTRAL AMERICA CARDIAC REHABILITATION MARKET SEGMENTATION

By Product

  • Treadmill
  • Elliptical Trainer
  • Stationary Bicycle
  • Blood Pressure Monitor
  • Rower
  • Heart Rate Monitor
  • Stabilization Balls
  • Others

By Application

  • Angioplasty
  • Coronary Artery Disease
  • Cardiomyopathy
  • Cholesterol Management
  • Diabetes
  • Lung Transplant

By End User

  • Cardiac Rehabilitation Centers
  • Home Healthcare
  • Specialty Hospitals
  • Hospitals & Clinics
  • Others

By Country

  • Brazil
  • Argentina
  • Rest of South and Central America

Company Profiles

  • OMRON Corporation
  • Koninklijke Philips N.V
  • General Electric Company
  • Core Health & Fitness, LLC
  • Resideo Technologies, Inc
 

TABLE OF CONTENTS

1.           Introduction

1.1         Scope of the Study

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

1.3.1        South and Central America Cardiac Rehabilitation Market – By Product

1.3.2        South and Central America Cardiac Rehabilitation Market – By Application

1.3.3        South and Central America Cardiac Rehabilitation Market – By End User

1.3.4        South and Central America Cardiac Rehabilitation Market – By Country

2.           Cardiac Rehabilitation Market – Key Takeaways

3.           Research Methodology

3.1         Coverage

3.2         Secondary Research

3.3         Primary Research

4.           South and Central America Cardiac Rehabilitation Market – Market Landscape

4.1         Overview

4.2         PEST Analysis

4.2.1        South and Central America (SCAM) – PEST Analysis

4.3         Expert Opinions

5.           Cardiac Rehabilitation Market – Key Market Dynamics

5.1         Market Drivers

5.1.1        Rising Incidences of Cardiovascular Diseases

5.1.2        Growing Adoption of Tele-Cardiac Rehabilitation

5.2         Market Restraints

5.2.1        High Cost of Cardiac Rehabilitation Equipment

5.3         Market Opportunities

5.3.1        Supportive Government Initiatives

5.4         Future Trends

5.4.1        Rise in Technologically Advanced Cardiac Rehabilitation Products

5.5         Impact Analysis

6.           Cardiac Rehabilitation Market – South and Central America Analysis

6.1         South and Central America Cardiac Rehabilitation Market Revenue Forecast and Analysis

7.           Cardiac Rehabilitation Market Analysis – By Products

7.1         Overview

7.2         Cardiac Rehabilitation Market Revenue Share, by Products (2020 and 2028)

7.3         Heart Rate Monitors

7.3.1        Overview

7.3.2        Heart Rate Monitors: Cardiac Rehabilitation Market– Revenue and Forecast to 2028 (US$ Million)

7.4         Stabilization Balls

7.4.1        Overview

7.4.2        Stabilization Balls: Cardiac Rehabilitation Market– Revenue and Forecast to 2028 (US$ Million)

7.5         Treadmill

7.5.1        Overview

7.5.2        Treadmill: Cardiac Rehabilitation Market– Revenue and Forecast to 2028 (US$ Million)

7.6         Rower

7.6.1        Overview

7.6.2        Rower: Cardiac Rehabilitation Market– Revenue and Forecast to 2028 (US$ Million)

7.7         Elliptical Trainer

7.7.1        Overview

7.7.2        Elliptical Trainer: Cardiac Rehabilitation Market– Revenue and Forecast to 2028 (US$ Million)

7.8         Blood Pressure Monitor

7.8.1        Overview

7.8.2        Blood Pressure Monitor: Cardiac Rehabilitation Market– Revenue and Forecast to 2028 (US$ Million)

7.9         Stationary Bicycle

7.9.1        Overview

7.9.2        Stationary Bicycle: Cardiac Rehabilitation Market– Revenue and Forecast to 2028 (US$ Million)

7.10      Others

7.10.1     Overview

7.10.2     Others: Cardiac Rehabilitation Market– Revenue and Forecast to 2028 (US$ Million)

8.           Cardiac Rehabilitation Market Analysis – By Application

8.1         Overview

8.2         Cardiac Rehabilitation Market Revenue Share, by Application (2020 and 2028)

8.3         Angioplasty

8.3.1        Overview

8.3.2        Angioplasty: Cardiac Rehabilitation Market– Revenue and Forecast to 2028 (US$ Million)

8.4         Coronary Artery Disease

8.4.1        Overview

8.4.2        Coronary Artery Disease: Cardiac Rehabilitation Market– Revenue and Forecast to 2028 (US$ Million)

8.5         Cardiomyopathy

8.5.1        Overview

8.5.2        Cardiomyopathy: Cardiac Rehabilitation Market– Revenue and Forecast to 2028 (US$ Million)

8.6         Cholesterol Management

8.6.1        Overview

8.6.2        Cholesterol Management: Cardiac Rehabilitation Market– Revenue and Forecast to 2028 (US$ Million)

8.7         Diabetes

8.7.1        Overview

8.7.2        Diabetes: Cardiac Rehabilitation Market– Revenue and Forecast to 2028 (US$ Million)

8.8         Lung Transplant

8.8.1        Overview

8.8.2        Lung Transplant: Cardiac Rehabilitation Market– Revenue and Forecast to 2028 (US$ Million)

9.           Cardiac Rehabilitation Market– By End User

9.1         Overview

9.2         Cardiac Rehabilitation Market, by Distribution Channel, 2020 and 2028 (%)

9.3         Hospitals & Clinics

9.3.1        Overview

9.3.2        Hospitals & Clinics: Cardiac Rehabilitation Market– Revenue and Forecast to 2028 (US$ Million)

9.4         Home Healthcare

9.4.1        Overview

9.4.2        Home Healthcare: Cardiac Rehabilitation Market– Revenue and Forecast to 2028 (US$ Million)

9.5         Specialty Hospitals

9.5.1        Overview

9.5.2        Specialty Hospitals: Cardiac Rehabilitation Market– Revenue and Forecast to 2028 (US$ Million)

9.6         Cardiac Rehabilitation Centers

9.6.1        Overview

9.6.2        Cardiac Rehabilitation Centers: Cardiac Rehabilitation Market– Revenue and Forecast to 2028 (US$ Million)

9.7         Others

9.7.1        Overview

9.7.2        Others: Cardiac Rehabilitation Market– Revenue and Forecast to 2028 (US$ Million)

10.        Cardiac Rehabilitation Market – South and Central America Analysis

10.1      South and Central America: Cardiac Rehabilitation Market

10.1.1     Overview

10.1.2     South and Central America: Cardiac Rehabilitation Market Share by Country – 2020 & 2028, (%)

10.1.2.1       Brazil: Cardiac Rehabilitation Market- Revenue and Forecasts to 2028 (USD Million)

10.1.2.1.1       Brazil: Cardiac Rehabilitation Market- Revenue and Forecasts to 2028 (USD Million)

10.1.2.1.2       Brazil: Cardiac Rehabilitation Market, by Product, 2019 -2028 (USD Million)

10.1.2.1.3       Brazil: Cardiac Rehabilitation Market, by Application, 2019-2028 (USD Million)

10.1.2.1.4       Brazil: Cardiac Rehabilitation Market, by End User, 2019-2028 (USD Million)

10.1.2.2       Argentina: Cardiac Rehabilitation Market- Revenue and Forecasts to 2028 (USD Million)

10.1.2.2.1       Argentina: Cardiac Rehabilitation Market- Revenue and Forecasts to 2028 (USD Million)

10.1.2.2.2       Argentina: Cardiac Rehabilitation Market, by Product, 2019 -2028 (USD Million)

10.1.2.2.3       Argentina: Cardiac Rehabilitation Market, by Application, 2019 -2028 (USD Million)

10.1.2.2.4       Argentina: Cardiac Rehabilitation Market, by End User, 2019 -2028 (USD Million)

10.1.2.3       Rest of South and Central America: Cardiac Rehabilitation Market- Revenue and Forecasts to 2028 (USD Million)

10.1.2.3.1       Rest of South and Central America: Cardiac Rehabilitation Market- Revenue and Forecasts to 2028 (USD Million)

10.1.2.3.2       Rest of South and Central America: Cardiac Rehabilitation Market, by Product, 2019 -2028 (USD Million)

10.1.2.3.3       Rest of South and Central America: Cardiac Rehabilitation Market, by Application, 2019-2028 (USD Million)

10.1.2.3.4       Rest of South and Central America: Cardiac Rehabilitation Market, by End User, 2018-2027 (USD Million)

11.        Impact Of COVID-19 Pandemic on South and Central America Cardiac Rehabilitation Market

11.1      South and Central America: Impact Assessment of COVID-19 Pandemic

12.        Cardiac Rehabilitation Market–Industry Landscape

12.1      Overview

12.2      Organic Developments

12.2.1     Overview

12.3      Inorganic Developments

12.3.1     Overview

13.        Company Profiles

13.1      OMRON Corporation

13.1.1     Key Facts

13.1.2     Business Description

13.1.3     Products and Services

13.1.4     Financial Overview

13.1.5     SWOT Analysis

13.1.6     Key Developments

13.2      Koninklijke Philips N.V.

13.2.1     Key Facts

13.2.2     Business Description

13.2.3     Products and Services

13.2.4     Financial Overview

13.2.5     SWOT Analysis

13.2.6     Key Developments

13.3      General Electric Company

13.3.1     Key Facts

13.3.2     Business Description

13.3.3     Products and Services

13.3.4     Financial Overview

13.3.5     SWOT Analysis

13.3.6     Key Developments

13.4      Core Health & Fitness, LLC

13.4.1     Key Facts

13.4.2     Business Description

13.4.3     Products and Services

13.4.4     Financial Overview

13.4.5     SWOT Analysis

13.4.6     Key Developments

13.5      Resideo Technologies, Inc

13.5.1     Key Facts

13.5.2     Business Description

13.5.3     Products and Services

13.5.4     Financial Overview

13.5.5     SWOT Analysis

13.5.6     Key Developments

14.        Appendix

14.1      About the Insight Partners

14.2      Glossary of Terms

LIST OF TABLES

Table 1.             Brazil Cardiac Rehabilitation Market, by Product – Revenue and Forecast to 2028 (USD Million)

Table 2.             Brazil Cardiac Rehabilitation Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 3.             Brazil Cardiac Rehabilitation Market, by End User – Revenue and Forecast to 2028 (USD Million)

Table 4.             Argentina Cardiac Rehabilitation Market, by Product – Revenue and Forecast to 2028 (USD Million)

Table 5.             Argentina Cardiac Rehabilitation Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 6.             Argentina Cardiac Rehabilitation Market, by End User – Revenue and Forecast to 2028 (USD Million)

Table 7.             Rest of South and Central America Cardiac Rehabilitation Market, by Product – Revenue and Forecast to 2028 (USD Million)

Table 8.             Rest of South and Central America Cardiac Rehabilitation Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 9.             Rest of South and Central America Cardiac Rehabilitation Market, by End User – Revenue and Forecast to 2028 (USD Million)

Table 10.          Organic Developments Done by Companies

Table 11.          Inorganic Developments Done by Companies

Table 1.             Glossary of Terms, Healthcare Gamification Market

LIST OF FIGURES

Figure 1.           Cardiac Rehabilitation Market Segmentation

Figure 2.           Cardiac Rehabilitation Market Segmentation, By Country

Figure 3.           Cardiac Rehabilitation Market Overview

Figure 4.           Treadmill Segment Held Largest Share of Cardiac Rehabilitation Market

Figure 5.           South and Central America Cardiac Rehabilitation Market – Leading Country Markets (US$ Million)

Figure 6.           South and Central America (SCAM) PEST Analysis

Figure 7.           Cardiac Rehabilitation Market Impact Analysis of Drivers and Restraints

Figure 8.           South and Central America Cardiac Rehabilitation Market – Revenue Forecast and Analysis – 2020- 2028

Figure 9.           Cardiac Rehabilitation Market Revenue Share, by Products (2020 and 2028)

Figure 10.        Heart Rate Monitors: Cardiac Rehabilitation Market– Revenue and Forecast to 2028 (US$ Million)

Figure 11.        Stabilization Balls: Cardiac Rehabilitation Market– Revenue and Forecast to 2028 (US$ Million)

Figure 12.        Treadmill: Cardiac Rehabilitation Market– Revenue and Forecast to 2028 (US$ Million)

Figure 13.        Rower: Cardiac Rehabilitation Market– Revenue and Forecast to 2028 (US$ Million)

Figure 14.        Elliptical Trainer: Cardiac Rehabilitation Market– Revenue and Forecast to 2028 (US$ Million)

Figure 15.        Blood Pressure Monitor: Cardiac Rehabilitation Market– Revenue and Forecast to 2028 (US$ Million)

Figure 16.        Stationary Bicycle: Cardiac Rehabilitation Market– Revenue and Forecast to 2028 (US$ Million)

Figure 17.        Others Cardiac Rehabilitation Market– Revenue and Forecast to 2028 (US$ Million)

Figure 18.        Cardiac Rehabilitation Market Revenue Share, by Application (2020 and 2028)

Figure 19.        Angioplasty: Cardiac Rehabilitation Market– Revenue and Forecast to 2028 (US$ Million)

Figure 20.        Coronary Artery Disease: Cardiac Rehabilitation Market– Revenue and Forecast to 2028 (US$ Million)

Figure 21.        Cardiomyopathy: Cardiac Rehabilitation Market– Revenue and Forecast to 2028 (US$ Million)

Figure 22.        Cholesterol Management: Cardiac Rehabilitation Market– Revenue and Forecast to 2028 (US$ Million)

Figure 23.        Diabetes: Cardiac Rehabilitation Market– Revenue and Forecast to 2028 (US$ Million)

Figure 24.        Lung Transplant: Cardiac Rehabilitation Market– Revenue and Forecast to 2028 (US$ Million)

Figure 25.        Cardiac Rehabilitation Market, by Distribution Channel, 2020 and 2028 (%)

Figure 26.        Hospitals & Clinics: Cardiac Rehabilitation Market– Revenue and Forecast to 2028 (US$ Million)

Figure 27.        Home Healthcare: Cardiac Rehabilitation Market– Revenue and Forecast to 2028 (US$ Million)

Figure 28.        Specialty Hospitals: Cardiac Rehabilitation Market– Revenue and Forecast to 2028 (US$ Million)

Figure 29.        Cardiac Rehabilitation Centers: Cardiac Rehabilitation Market– Revenue and Forecast to 2028 (US$ Million)

Figure 30.        Others: Cardiac Rehabilitation Market– Revenue and Forecast to 2028 (US$ Million)

Figure 31.        South and Central America: Cardiac Rehabilitation Market, By Key Country – Revenue (2020) (USD Million)

Figure 32.        South and Central America: Cardiac Rehabilitation Market Share by Country – 2020 & 2028, (%)

Figure 33.        Brazil: Cardiac Rehabilitation Market- Revenue and Forecasts To 2028 (USD Million)

Figure 34.        Argentina: Cardiac Rehabilitation Market- Revenue and Forecasts To 2028 (USD Million)

Figure 35.        Rest of South and Central America: Cardiac Rehabilitation Market- Revenue and Forecasts To 2028 (USD Million)

Figure 36.        Impact Of COVID-19 Pandemic in South and Central America Africa Country Markets

  1. OMRON Corporation
  2. Koninklijke Philips N.V
  3. General Electric Company
  4. Core Health & Fitness, LLC
  5. Resideo Technologies, Inc
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the South and Central America cardiac rehabilitation market.
  • Highlights key business priorities in order to assist companies to realign their business strategies.
  • The key findings and recommendations highlight crucial progressive industry trends in the South and Central America cardiac rehabilitation market, thereby allowing players across the value chain to develop effective long-term strategies.
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
  • Scrutinize in-depth market trends and outlook coupled with the factors driving the market, as well as those hindering it.
  • Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution. 

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