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.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. 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.
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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
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Product, Application, and End User
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Brazil, Argentina
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
- OMRON Corporation
- Koninklijke Philips N.V
- General Electric Company
- Core Health & Fitness, LLC
- Resideo Technologies, Inc
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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