The global cardiovascular information system (CVIS) market exhibited strong growth during 2015-2020.
Looking forward, the analyst expects the market to grow at a CAGR of 8.8% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
The CVIS refers to a digitized software solution that collects clinical information in the form of electronic medical records (EMR). It incorporates echocardiography, hemodynamics monitoring, vascular ultrasound, electrophysiology, and cardiac and peripheral catheterization. It can store images, informatics, waveforms and patient reports across multiple locations in real-time and can also collect large amounts of data, which are further analyzed for accurate diagnosis of a cardiac ailment. This aids in improving patient safety, streamlining workflows, reducing errors by eliminating duplicate entries, thus enabling physicians to make accurate therapeutic decisions.
The growing medical industry, along with the prevalence of various cardiovascular ailments, is one of the key factors driving the growth of the market. With the growing geriatric population and sedentary lifestyle habits, there is a significant rise in the number of patients suffering from cardiac failures, ischemic heart disease (IHD) and arrhythmia across the globe. Furthermore, the emerging trend of digitization and advancements in the healthcare information technology (IT) sector, are also providing a boost to the market growth. Healthcare institutions are using the system for accessing medical data and images remotely, which consequently enhances the efficiency and interoperability of diagnostic centers. Additionally, the steadily increasing adoption rate of zero-footprint systems is acting as another growth-inducing factor. The CVIS eliminates the need for additional hard drives to store the software as it can transfer data through the web and provides the flexibility of delivery, along with the efficient review of compressed data sets. Other factors, including the rising demand for data-driven technologies, technological advancements and extensive research and development (R&D) activities, are projected to drive the market further.
Key Market Segmentation: the analyst provides an analysis of the key trends in each sub-segment of the global cardiovascular information system market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, type, component, mode of operation, end-user and application
Breakup by Type: CVIS (Cardiovascular Information System) C-PACS (Cardiology Picture Archiving and Communication System)
Breakup by Component: Software Hardware Services
Breakup by Mode of Operation: Web-based Onsite Cloud-based
Breakup by End-User: Hospitals and Clinics Cardiac Cath Labs Diagnostic Centers Others
Breakup by Application: Catheterization Echocardiography Electrocardiogram Electrophysiology Nuclear Cardiology Others
Breakup by Region: North America United States Canada Asia Pacific China Japan India South Korea Australia Indonesia Others Europe Germany France United Kingdom Italy Spain Russia Others Latin America Brazil Mexico Others Middle East and Africa
Competitive Landscape: The competitive landscape of the industry has also been examined with some of the key players being AGFA Healthcare, Cerner Corporation, Digisonics, Fujifilm Medical Systems, GE Healthcare, Lumedx, Mckesson Corporation, Merge Healthcare, Philips Healthcare, Siemens Healthcare, etc. Key Questions Answered in This Report: How has the global cardiovascular information system market performed so far and how will it perform in the coming years? What are the key regional markets? What has been the impact of COVID-19 on the global cardiovascular information system market? What is the breakup of the market based on the type? What is the breakup of the market based on the component? What is the breakup of the market based on the mode of operation? What is the breakup of the market based on the end-user? What is the breakup of the market based on the application? What are the various stages in the value chain of the industry? What are the key driving factors and challenges in the industry? What is the structure of the global cardiovascular information system market and who are the key players? What is the degree of competition in the industry?
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Report Scope: This report will focus on types of hospital information systems such as electronic health records, clinical information systems, pharmacy information systems, radiology information systems, laboratory information systems, and administrative information systems.The report covers the market environment hospital...
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