Cardiovascular Information System Market Is Anticipated To Reach $1.2 Billion By 2024: Grand View Research, Inc.
The global cardiovascular information system (CVIS) market is
expected to reach USD 1.2 billion by 2024, according to a new report by Grand
View Research Inc. The global cardiovascular devices industry is growing
swiftly owing to the increasing prevalence of heart diseases and other
cardiovascular problems.
In accordance with the growing
patient population there is an exponential surge in the patient history
documents and patient data records. The resultant,rising burden of patient data
is pushing forward the demand for effective management tools; thus, offering increased
accessibility of patient information to surgeons and the healthcare staff and
hence enhancing the operational efficiency of the practices. In addition,
factors, such as technological advancements and the gradually growing awareness
regarding the availability of these improved systems are expected to fuel the
growth of the cardiovascular devices market.
However, factors,such as high
system costs and the lack of skilled operators are impeding the overall growth.
In addition, the presence of alternative data management tools is challenging
the adoption of the information systems specific to cardiovascular data
management. Some of the key players in the market are implementing strategies
to expand market share. For instance, companies, such as Philips Healthcare and
GE Healthcare offer CVIS systems along with their cardiac imaging products.
Browse full research report on Cardiovascular
Information System Market: http://www.grandviewresearch.com/industry-analysis/cardiovascular-information-system-market
Further key findings from the
study suggest:
- The
CVIS segment captured the largest market share of the global market in
2015. Integration of these systems with imaging devices is responsible for
the highest adoption rate of this segment.
- Owing
to the high cost of these systems, the CVIS segment is expected to
maintain its dominance during the forecast period
- The
cloud-based segment is anticipated to exhibit the fastest growth rate
during the forecast period. The associated advantages, such as the
affordable cost, remote accessibility of data, and the user friendly
interface, are expected to fuel the adoption of the cloud-based mode of
operation.
- North
America capturedthe largest market share of around 36% in 2015. The
dominance of the segment is expected to continue with a CAGR of 5.8% from
2016 to 2024.
- The
factors contributing to the growth of the North America market include the
increasing prevalence of heart diseases and the technological advancements
in the region. Moreover, factors, such as the availability of highly
advanced healthcare facilities and the higher adoption rate of the data
management tools are augmenting the market growth in North America.
- Asia
Pacific is anticipated to grow at the fastest rate during the forecast
period. Countries, such as India and China are expected to be the fastest
growing markets in the region owing to the large pool of cardiovascular
patients and the rising healthcare expenditure.
- The
booming medical tourism in Asia Pacific due to the availability of
advanced healthcare facilities and services at a lower cost in comparison
to the other developed countries serves as the pivotal factor in
attracting cardiac patients worldwide to this region.
- Some
major players in this market include Philips Healthcare, GE Healthcare,
McKesson Corporation, Siemens Healthcare GmbH, Merge Healthcare, Inc.,
Agfa Healthcare N.V., Cerner Corporation, Fujifilm Medical Systems, Inc.,
Lumedx Corporation, and Digisonics, Inc.
Browse more reports of this
category by Grand View Research: http://www.grandviewresearch.com/industry/healthcare-it
Grand View Research has segmented
the cardiovascular information system (CVIS) market on the basis of system
type, mode of operation,and geography.
Cardiovascular information
system market, by system, 2013 - 2024 (USD Million)
- CVIS
- CPACS
Cardiovascular information
system market, by mode of operation, 2013 - 2024 (USD Million)
- Web-based
- On-site
- Cloud-based
Cardiovascular information
system market, by region, 2013 - 2024 (USD Million)
- North
America
- U.S.
Cardiovascular Information System, by Systems
- Canada
Cardiovascular Information System, by Systems
- U.S.
Cardiovascular Information System, by Mode of Operation
- Canada
Cardiovascular Information System, by Mode of Operation
- Europe
- U.K.
Cardiovascular Information System, by Systems
- Germany
Cardiovascular Information System, by Systems
- U.K.
Cardiovascular Information System, by Mode of Operation
- Germany
Cardiovascular Information System, by Mode of Operation
- Asia
Pacific
- China
Cardiovascular Information System, by Systems
- India
Cardiovascular Information System, by Systems
- China
Cardiovascular Information System, by Mode of Operation
- India
Cardiovascular Information System, by Mode of Operation
- Latin
America
- Brazil
Cardiovascular Information System, by Systems
- Mexico
Cardiovascular Information System, by Systems
- Brazil
Cardiovascular Information System, by Mode of Operation
- Mexico
Cardiovascular Information System, by Mode of Operation
- MEA
- South
Africa Cardiovascular Information System, by Systems
- South
Africa Cardiovascular Information System, by Mode of Operation
Access press release of this
research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-cardiovascular-information-system-cvis-market
About Grand View Research
Grand View Research, Inc. is a U.S.
based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides
syndicated research reports, customized research reports, and consulting
services. To help clients make informed business decisions, we offer market
intelligence studies ensuring relevant and fact-based research across a range
of industries, from technology to chemicals, materials and healthcare.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
For more information: www.grandviewresearch.com
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