Global Cardiovascular Information System Market Research and Forecast 2017-2022

Global Cardiovascular Information System Market, Size, Share, Market Intelligence, Company Profiles, Market Trends, Strategy, Analysis, Forecast 2017-2022

CARDIOVASCULAR INFORMATION SYSTEM MARKET INSIGHTS

The Global Cardiovascular Information System Market is expected to grow at a CAGR of 11% during 2017-2022. Cardiovascular Information System is an approach that provides access and management of patient’s digital integrated cardiovascular records from a centralized and web-enabled system. Moreover, Cardiovascular Information System enables patient management through an approach of built-in report generation and distribution process and thus increases the speed of reimbursements. According to WHO, in 2015 more than 17.7 million patients lost their life due to CVD which is estimated to be around 30% of global mortalities. The rapid increase in global count of patients suffering from CVDs is the major factor which is driving the cardiovascular information market growth. According to the European Heart Network, in 2015, Europe holds 85 million people having CVD related diseases out of which 49 million is in the EU region. More than 11 million new cases of CVD were added out of which 6 million of EU in 2015. Due to these increased number of disease and disorders, a rising demand for productive and effective data management tools in the cardiac care departments has been generated which is motivating the market. Additionally, the government initiatives towards Electronic Health Records for managing patient’s data digitally is encouraging the healthcare organizations to implement cardiovascular information systems and affecting the market growth in a positive mode. The Health Information Technology for Economic and Clinical Health Act (HITECH Act) legislation passed in 2009 which supports the adoption of electronic health records (EHR) and supporting technology in the U.S.

High costs of cardiovascular Information Systems and lack of skilled personals regarding market tools and techniques are some of the restraints that are hindering the market growth. However, growing innovations and technological advancements in cardiovascular information system the market has been boosted. it is expected more number of secure, cost-effective and robust mechanisms in the upcoming years which can make them available for general uses as well. Additionally, a rising demand of cardiovascular information systems exists in healthcare applications due to the increase in cardiovascular diseases. This increasing demand will enable a high growth of Cardiovascular Information System market in other developing countries and small-sized organizations as well.

GEOGRAPHICAL INSIGHTS

Global Cardiovascular Information System market can be segmented on the basis of the geographical regions that are known for their significant contribution towards the growth of the market. On the basis of the geography, market is distributed into North America, Europe, Asia Pacific and Rest of the World. North America is estimated to be the dominating region in the Global Cardiovascular information System market due to the more number of adoptions of Cardiovascular Information System by the healthcare industries and surging prevalence of CVDs in the region as well as awareness among the people towards this technological advancement. However, Asia pacific region is expected to achieve the highest growth rate during the forecast period due to the EHR highly incorporated by the governments. They have been highly motivated in developing Asian countries such as China, India and so forth.

Competitive Insights

The Key Players in the Global Cardiovascular Information Market includes Agfa Healthcare N.V., ARCport, Camtronics Medical Systems Ltd., Cerner Corporation, Digisonics, Inc., Ebit Aet, Fujifilm Medical Systems, Inc., GE Healthcare, Johnson & Johnson, McKesson Corporation, Medstreaming, Perminova, Inc., Philips Healthcare, Siemens Healthcare GmbH, , Terumo Cardiovascular Group and so on. The key strategies adopted by these players are new product launch covering a wide range of applications, customer-centric products, acquisition and collaboration. A wide range of  products such as IntelliSpace and Xcelera are available by Philips Healthcare.. IntelliSpace Cardiovascular is multi-modality image and information management solution which is designed to improve operational efficiency and help streamline workflow.

MARKET SEGMENTATION

Global Cardiovascular Information System Market is segmented on the basis of its applications, deployment method used and system type. The applications in diverse clinical diagnosis are generating noticeable revenue due to its use in healthcare industries. Additionally, the website or cloud based Cardiovascular Information Systems are the major contributors in revenue generation due to their high adoption and cost effectiveness compared to on-site based services.  Global Cardiovascular Information System market can be segmented in the following three major categories:

• Cardiovascular Information System Market By Type
• Cardiovascular Information System Market By Applications
• Cardiovascular Information System Market By Deployment

THE REPORT COVERS:

• Comprehensive research methodology of Global Cardiovascular Information System Market. This report also includes detailed and extensive market overview with Analyst insights & key market trends.
• Exhaustive Analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the Global Cardiovascular Information System Market.
• Insights about market determinants which are stimulating the Global Cardiovascular Information System Market
• Detailed and extensive market segments with regional distribution of forecasted revenues.
  Extensive profiles and recent developments of market players.