Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 1049.74 Million | USD 2012.6 Million | 7.5% | 2023 |
The global cardiovascular information system market size was worth around USD 1049.74 million in 2023 and is predicted to grow to around USD 2012.6 million by 2032 with a compound annual growth rate (CAGR) of roughly 7.5% between 2024 and 2032.
The report analyzes the global cardiovascular information system market's drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the cardiovascular information system industry.
Cardiovascular information system (CVIS) enables easy report generation and distribution. It provides access to on-time EMR (electronic medical record) in reports, waveforms, and images. It is a digitized collection of clinical information and research material. It helps in facilitating scientific advancement, decision support, and information exchange in cardiovascular studies. It endorses an advanced level of evidence-based on professional standards in cardiac rehabilitation. The demand for CVIS has gained momentum as it offers dynamic reporting. The information provided by CVIS is organized in a template to ensure effectiveness and reliability while delivering patient reports.
Over the last few decades, the rise in the number of cardiovascular diseases has raised major concerns in developing countries globally. This growing prevalence of cardiovascular diseases generates huge amounts of patient-related data in healthcare institutions, which has become difficult to handle manually. In such a scenario, the use of cardiovascular information system is helping healthcare professionals to provide better management of patient data and prescriptions to the patients. As per the Centers for Disease Control and Prevention (CDC), in 2013, heart diseases emerged as the leading cause of death among the U.S. population. The findings also stated that heart diseases are the second leading cause of death worldwide. Additionally, the growing need to curb the number of deaths due to cardiovascular diseases, rising demand to reduce healthcare costs, and increasing incidences of cardiovascular diseases like arrhythmias, cardiac failure, and ischemic heart disease are further propelling the cardiovascular information system market.
The study provides a decisive view of the cardiovascular information system market based on component, deployment, application, end-user, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2024 to 2032.
By component, the market for the cardiovascular information system is segmented into hardware, software, and services. The software segment is further segmented into standalone and integrated.
Based on deployment, the market is divided into cloud-based and on-premises.
On the basis of application, the cardiovascular information system market is segmented into catheterization, echocardiography, electrocardiogram, electrophysiology, nuclear cardiology, and others.
The end-user segment includes hospitals, clinics, cardiac cath labs, ambulatory surgical centers, and diagnostics centers.
Report Attributes | Report Details |
---|---|
Report Name | Cardiovascular Information System Market |
Market Size in 2023 | USD 1049.74 Million |
Market Forecast in 2032 | USD 2012.6 Million |
Growth Rate | CAGR of 7.5% |
Number of Pages | 110 |
Key Companies Covered | McKesson Corporation, General Electric Company, Koninklijke Philips N.V., Siemens AG, Merge Healthcare, Cerner Corporation, Fujifilm Holdings Corporation, Lumedx, Digisonics Inc., and Agfa Healthcare |
Segments Covered | By Component, By Deployment, By Application, By End-User, and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
By region, North America and Europe held major shares of the global cardiovascular information system market in 2023. Asia Pacific is likely to the highest CAGR in the global cardiovascular information system market in the future, owing to the growing CVD patient flow and rising healthcare expenditure. Additionally, government investments in China and India and strategies used by major companies to increase their revenue and expand their businesses simultaneously in these countries. The economically developing regions like Latin America and the Middle East and Africa are still underdeveloped regions but have huge potential for this market’s growth.
Some of the major players in the global cardiovascular information system market include:
Global Cardiovascular Information System Market: Component Analysis
Global Cardiovascular Information System Market: Deployment Analysis
Global Cardiovascular Information System Market: Application Analysis
Global Cardiovascular Information System Market: End-User Analysis
Global Cardiovascular Information System Market: Regional Analysis
FrequentlyAsked Questions
A Cardiovascular Information System (CVIS) is a specialized software platform designed to manage, store, and analyze clinical data related to heart conditions. It integrates various aspects of cardiology care, including patient records, imaging studies, diagnostic test results, and treatment plans. CVIS helps healthcare providers streamline workflows, improve decision-making, and enhance patient care by providing a comprehensive view of a patient's cardiac health.
According to a study, the global cardiovascular information system market size was worth around USD 1049.74 million in 2023 and is expected to reach USD 2012.6 million by 2032.
The global cardiovascular information system market is expected to grow at a CAGR of 7.5% during the forecast period.
North America and Europe is expected to dominate the cardiovascular information system market over the forecast period.
Leading players in the global cardiovascular information system market include McKesson Corporation, General Electric Company, Koninklijke Philips N.V., Siemens AG, Merge Healthcare, Cerner Corporation, Fujifilm Holdings Corporation, Lumedx, Digisonics Inc., and Agfa Healthcare, among others.
The cardiovascular information system market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTLE analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five forces analysis, and value chain analysis.
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