Overview and Scope
Cardiopulmonary stress testing systems are sophisticated diagnostic tools used in healthcare settings to evaluate the performance of the cardiovascular and respiratory systems under stress. These tests are valuable in designing individualized exercise prescriptions, assessing treatment effectiveness, and predicting prognosis in patients with cardiovascular and respiratory diseases.
Sizing and Forecast
The cardiopulmonary stress testing systems market size has grown strongly in recent years. It will grow from $5.06 billion in 2023 to $5.43 billion in 2024 at a compound annual growth rate (CAGR) of 7.2%. The growth in the historic period can be attributed to rise in cardiovascular and respiratory diseases, aging population, healthcare infrastructure development, awareness and prevention initiatives, reimbursement policies and healthcare spending.
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Segmentation & Regional Insights
The cardiopulmonary stress testing systems market covered in this report is segmented –
1) By Product: Cardiopulmonary Exercise Testing (CPET) Systems, Stress ECG, Pulse Oximeters, single-photon emission computed tomography (SPECT), Stress Blood Pressure Monitors
2) By Application: Oxygen Uptake, Carbon Dioxide, Minute Ventilation, Anaerobic Threshold
3) By End User: Hospitals, Specialty Clinics/Cardiology Clinics, Ambulatory Surgical Centers, Diagnostic Centers
North America was the largest region in the cardiopulmonary stress testing systems market in 2023. The regions covered in the cardiopulmonary stress testing systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The increasing prevalence of cardiovascular diseases is expected to propel the growth of the cardiopulmonary stress testing systems market going forward. Cardiovascular diseases (CVDs) are a group of disorders affecting the heart and blood vessels. The reasons for increasing prevalence of cardiovascular diseases include unhealthy diet, physical inactivity, and urbanization. Cardiopulmonary stress testing systems assess cardiovascular health by evaluating cardiac and pulmonary function during exercise. It provides valuable information for prescribing individualized exercise programs tailored to a patient’s functional capacity and cardiovascular limitations. For instance, in June 2023, according to the Centers for Disease Control and Prevention (CDC), a US-based national public health agency of the United States, approximately 48% of adults in the United States have some form of cardiovascular disease, with around 12.5 million experiencing coronary artery disease (CAD) specifically. Therefore, the increasing prevalence of cardiovascular diseases is driving the growth of the cardiopulmonary stress testing systems market.
Key Industry Players
Major companies operating in the cardiopulmonary stress testing systems market are Cardinal Health Inc., General Electric, Thermo Fisher Scientific Ltd., Siemens Healthineers AG, Becton Dickinson and Co., Koninklijke Philips N.V., GE Healthcare, Hill-rom Holdings Inc., Masimo Corporation, Halma plc, Nihon Kohden Corporation, OSI Systems Inc., Welch Allyn , Fukuda Denshi Co. Ltd., Spacelabs Healthcare , Schiller AG, Vyaire Medical Inc., Nonin Medical Inc., MGC Diagnostic Corporation, SunTech Medical Inc., COSMED srl, Allengers Medical Systems Ltd., Nasiff Associates Inc., CareFusion Corporation (BD), Clarity Medical
The cardiopulmonary stress testing systems market report table of contents includes:
1. Executive Summary
2. Cardiopulmonary Stress Testing Systems Market Characteristics
3. Cardiopulmonary Stress Testing Systems Market Trends And Strategies
4. Cardiopulmonary Stress Testing Systems Market – Macro Economic Scenario
5.Global Cardiopulmonary Stress Testing Systems Market Size and Growth
…
32. Global Cardiopulmonary Stress Testing Systems Market Competitive Benchmarking
33. Global Cardiopulmonary Stress Testing Systems Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Cardiopulmonary Stress Testing Systems Market
35.Cardiopulmonary Stress Testing Systems Market Future Outlook and Potential Analysis
36. Appendix
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