Market Overview:
The global cardiorespiratory stress test equipment market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing prevalence of cardiovascular diseases, rising geriatric population, and technological advancements in cardiorespiratory stress test equipment. Based on type, the global cardiorespiratory stress test equipment market is segmented into bike-based and treadmill-based systems. The bike-based systems segment is expected to grow at a higher CAGR than the treadmill-based systems segment during the forecast period from 2018 to 2030. This can be attributed to factors such as lower cost and easy portability of bike-based systems as compared with treadmill-based systems. Based on application, the global cardiorespiratory stress test equipment market is divided into clinics and ambulatory surgical centers (ASCs). The clinics segment is estimated to account for a larger share of the global cardiorespiratory stress test equipment market than ASCs during the forecast period from 2018 to 2030 owingtothe growing demand for these tests among patients suffering from cardiovascular diseases.
Product Definition:
The equipment used to perform a cardiorespiratory stress test is typically a treadmill or bicycle. The test measures the patient's heart rate and blood pressure during exercise. This information can help doctors determine if a patient is at risk for heart disease or other health problems.
With Bike:
With Bike, it's usage and growth factor in Cardiorespiratory Stress Test Equipment market is expected to grow at a significant rate over the forecast period. With Bike is used for measuring the peak oxygen uptake (VO2 max) and cardiopulmonary exercise stress test (CPET). The increasing prevalence of cardiovascular diseases has led to an increase in demand for CPET equipment.
With Treadmill:
With the advent of technological advancement, there has been a significant increase in the number of tests that can be performed to evaluate cardiovascular and respiratory functions. One such example is With Treadmill which is used for evaluating cardiac and respiratory functions simultaneously. It helps in determining whether or not a patient suffers from heart failure or some other form of heart disease that may require medication as well as surgical intervention.
Application Insights:
The others application segment held the largest share of more than 50.0% in 2017. The other applications include hospitals, home healthcare, and emergency services. Increasing awareness about CCSVI is leading to an increase in the adoption of cardiorespiratory stress test equipment at these facilities for the diagnosis of heart diseases such as aortic stenosis or dissection/blockage of arteries due to plaque formation. In addition, growing investments by governments for improving healthcare infrastructure and developing advanced diagnostic tools are expected to boost industry growth over the forecast period.
The use of automated external defibrillators (AEDs) has increased significantly across developed nations owing to their accessibility and ease-of-use even by laypersons; this factor is anticipated to fuel market growth over the forecast period in various regions including North America.
Regional Analysis:
North America dominated the global market in 2017. The presence of well-established healthcare infrastructure and high adoption rate of advanced technologies are some factors responsible for its large share. Furthermore, increasing government initiatives to create awareness regarding CVDs and their risk factors is also expected to drive the demand for NCVTs in this region. For instance, as part of its ongoing efforts, American College of Cardiology (ACC) has developed a free online course that provides comprehensive information about cardiovascular disease prevention through lifestyle modification along with an interactive Q&A session with a panelists from ACC's Scientific Advisory Committee.
Asia Pacific is expected to be the fastest-growing regional market during the forecast period owing to rising incidences of CVDs coupled with growing patient awareness levels about these diseases and treatment options available in emerging countries like China & India & Japan (RICJ).
Growth Factors:
- Increasing incidence of cardiovascular diseases (CVDs) and respiratory disorders
- Growing demand for early diagnosis and treatment of CVDs and respiratory disorders
- Rising awareness about the benefits of cardiorespiratory stress test equipment
- Technological advancements in cardiorespiratory stress test equipment
- Growing number of cardiac rehabilitation centers
Scope Of The Report
Report Attributes
Report Details
Report Title
Cardiorespiratory Stress Test Equipment Market Research Report
By Type
With Bike, With Treadmill
By Application
Cardiology Clinics, Ambulatory Surgical Centers, Others
By Companies
Cardionics, Cortex Biophysik, Custo Med GmbH, Medical Electronic Construction, Medisoft Group, Medset Medizintechnik, MGC Diagnostics, Piston, Vyaire Medical, Koninklijke Philips, Hill-rom Holdings, General Electric Company, OSI Systems, Masimo, Nihon Kohden Corporation, Halma, Schiller AG
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
160
Number of Tables & Figures
112
Customization Available
Yes, the report can be customized as per your need.
Global Cardiorespiratory Stress Test Equipment Market Report Segments:
The global Cardiorespiratory Stress Test Equipment market is segmented on the basis of:
Types
With Bike, With Treadmill
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Cardiology Clinics, Ambulatory Surgical Centers, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Cardionics
- Cortex Biophysik
- Custo Med GmbH
- Medical Electronic Construction
- Medisoft Group
- Medset Medizintechnik
- MGC Diagnostics
- Piston
- Vyaire Medical
- Koninklijke Philips
- Hill-rom Holdings
- General Electric Company
- OSI Systems
- Masimo
- Nihon Kohden Corporation
- Halma
- Schiller AG
Highlights of The Cardiorespiratory Stress Test Equipment Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- With Bike
- With Treadmill
- By Application:
- Cardiology Clinics
- Ambulatory Surgical Centers
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cardiorespiratory Stress Test Equipment Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Cardiorespiratory stress test equipment is a device that measures the amount of oxygen in your blood and how well your heart is functioning. This information can help doctors diagnose and treat conditions like heart disease.
Some of the key players operating in the cardiorespiratory stress test equipment market are Cardionics, Cortex Biophysik, Custo Med GmbH, Medical Electronic Construction, Medisoft Group, Medset Medizintechnik, MGC Diagnostics, Piston, Vyaire Medical, Koninklijke Philips, Hill-rom Holdings, General Electric Company, OSI Systems, Masimo, Nihon Kohden Corporation, Halma, Schiller AG.
The cardiorespiratory stress test equipment market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cardiorespiratory Stress Test Equipment Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Cardiorespiratory Stress Test Equipment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cardiorespiratory Stress Test Equipment Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Cardiorespiratory Stress Test Equipment Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Cardiorespiratory Stress Test Equipment Market Size & Forecast, 2018-2028
4.5.1 Cardiorespiratory Stress Test Equipment Market Size and Y-o-Y Growth
4.5.2 Cardiorespiratory Stress Test Equipment Market Absolute $ Opportunity
Chapter 5 Global Cardiorespiratory Stress Test Equipment Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Cardiorespiratory Stress Test Equipment Market Size Forecast by Type
5.2.1 With Bike
5.2.2 With Treadmill
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Cardiorespiratory Stress Test Equipment Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Cardiorespiratory Stress Test Equipment Market Size Forecast by Applications
6.2.1 Cardiology Clinics
6.2.2 Ambulatory Surgical Centers
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cardiorespiratory Stress Test Equipment Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Cardiorespiratory Stress Test Equipment Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Cardiorespiratory Stress Test Equipment Analysis and Forecast
9.1 Introduction
9.2 North America Cardiorespiratory Stress Test Equipment Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Cardiorespiratory Stress Test Equipment Market Size Forecast by Type
9.6.1 With Bike
9.6.2 With Treadmill
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Cardiorespiratory Stress Test Equipment Market Size Forecast by Applications
9.10.1 Cardiology Clinics
9.10.2 Ambulatory Surgical Centers
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Cardiorespiratory Stress Test Equipment Analysis and Forecast
10.1 Introduction
10.2 Europe Cardiorespiratory Stress Test Equipment Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Cardiorespiratory Stress Test Equipment Market Size Forecast by Type
10.6.1 With Bike
10.6.2 With Treadmill
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Cardiorespiratory Stress Test Equipment Market Size Forecast by Applications
10.10.1 Cardiology Clinics
10.10.2 Ambulatory Surgical Centers
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Cardiorespiratory Stress Test Equipment Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Cardiorespiratory Stress Test Equipment Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Cardiorespiratory Stress Test Equipment Market Size Forecast by Type
11.6.1 With Bike
11.6.2 With Treadmill
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Cardiorespiratory Stress Test Equipment Market Size Forecast by Applications
11.10.1 Cardiology Clinics
11.10.2 Ambulatory Surgical Centers
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Cardiorespiratory Stress Test Equipment Analysis and Forecast
12.1 Introduction
12.2 Latin America Cardiorespiratory Stress Test Equipment Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Cardiorespiratory Stress Test Equipment Market Size Forecast by Type
12.6.1 With Bike
12.6.2 With Treadmill
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Cardiorespiratory Stress Test Equipment Market Size Forecast by Applications
12.10.1 Cardiology Clinics
12.10.2 Ambulatory Surgical Centers
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Cardiorespiratory Stress Test Equipment Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Cardiorespiratory Stress Test Equipment Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Cardiorespiratory Stress Test Equipment Market Size Forecast by Type
13.6.1 With Bike
13.6.2 With Treadmill
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Cardiorespiratory Stress Test Equipment Market Size Forecast by Applications
13.10.1 Cardiology Clinics
13.10.2 Ambulatory Surgical Centers
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Cardiorespiratory Stress Test Equipment Market: Competitive Dashboard
14.2 Global Cardiorespiratory Stress Test Equipment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Cardionics
14.3.2 Cortex Biophysik
14.3.3 Custo Med GmbH
14.3.4 Medical Electronic Construction
14.3.5 Medisoft Group
14.3.6 Medset Medizintechnik
14.3.7 MGC Diagnostics
14.3.8 Piston
14.3.9 Vyaire Medical
14.3.10 Koninklijke Philips
14.3.11 Hill-rom Holdings
14.3.12 General Electric Company
14.3.13 OSI Systems
14.3.14 Masimo
14.3.15 Nihon Kohden Corporation
14.3.16 Halma
14.3.17 Schiller AG
