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Cardiovascular Information System Market Size, Share, Revenue, Trends And Drivers For 2024-2033
The Business Research Company's Cardiovascular Information System Global Market Report 2024 – Market Size, Trends, And Global Forecast 2024-2033
LONDON, GREATER LONDON, UK, July 26, 2024 /EINPresswire.com/ -- The cardiovascular information system market has experienced robust growth in recent years, expanding from $1.06 billion in 2023 to $1.16 billion in 2024 at a compound annual growth rate (CAGR) of 9.4%. The growth in the historic period can be attributed to electronic health records (EHR) integration, need for workflow optimization, patient engagement and empowerment, cardiovascular disease burden and interoperability and data exchange.
Strong Future Growth Anticipated
The cardiovascular information system market is projected to continue its strong growth, reaching $1.66 billion in 2028 at a compound annual growth rate (CAGR) of 9.5%. The growth in the forecast period can be attributed to value-based care initiatives, artificial intelligence and machine learning, cybersecurity and data privacy, and remote cardiac rehabilitation programs.
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Growth Driver Of The Cardiovascular Information System Market
The increasing number of cardiovascular disease patients is expected to propel the growth of the cardiovascular information system market going forward. Cardiovascular disease (CVD) refers to a group of conditions that involve narrowed or blocked blood vessels, which can lead to various complications such as heart attacks, chest pain (angina), or strokes. Cardiovascular disease, encompassing a range of heart and blood vessel issues, has become a prevalent health concern globally. The leading cause of the increase is the presence of risk factors such as high blood pressure, high cholesterol levels, smoking, obesity, diabetes, and a sedentary lifestyle. Cardiovascular information systems (CVIS) efficiently manage patient data, enhance communication among healthcare professionals, and support quicker and more informed decision-making in diagnosis and treatment.
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Major Players And Market Trends
Key players in the cardiovascular information system market include McKesson Corporation, IBM Corporation, Medtronic Plc., Siemens AG, Fujifilm Holding Corporation, Koninklijke Philips N.V.
Major companies operating in the cardiovascular information system market are focusing on developing next-generation insertable monitors to improve patient outcomes and streamline clinical workflows. Next-generation cardiac insertable monitors represent a significant advancement in cardiac care, offering improved diagnostic capabilities, enhanced patient comfort, and better overall management of cardiovascular conditions.
Segments:
1) By Components: Hardware, Software, Services
2) By Mode Of Operation: Web-Based, Cloud-Based, On-Site
3) By Application: Catheterization, Echocardiography, Electrocardiogram, Electrophysiology, Other Applications
4) By End User: Hospitals, Clinics, Cardiac Cath Labs, Ambulatory Surgical Centers, Diagnostic Centers
Geographical Insights: North America Leading The Market
North America was the largest region in the cardiovascular information system market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the cardiovascular information system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Cardiovascular Information System Market Definition
Cardiovascular information systems (CVIS) are specialized software solutions used in hospitals to manage and organize patient data related to heart health. Cardiovascular information systems (CVIS) are utilized to streamline the management, storage, and analysis of clinical data related to the diagnosis, treatment, and monitoring of cardiovascular diseases.
Cardiovascular Information System Global Market Report 2024 from The Business Research Company covers the following information:
• Market size data for the forecast period: Historical and Future
• Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Trends, opportunities, strategies and so much more.
The Cardiovascular Information System Global Market Report 2024 by The Business Research Company is the most comprehensive report that provides insights on cardiovascular information system market size, cardiovascular information system market drivers and trends, cardiovascular information system market major players, cardiovascular information system competitors' revenues, cardiovascular information system market positioning, and cardiovascular information system market growth across geographies. The cardiovascular information system market report helps you gain in-depth insights into opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.
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