Market Research Report
Cardiovascular Information System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025
|Published by||IMARC Services Private Limited||Product code||945280|
|Published||Content info||107 Pages
Delivery time: 2-3 business days
|Cardiovascular Information System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025|
|Published: June 18, 2020||Content info: 107 Pages||
The global cardiovascular information system (CVIS) market grew at a CAGR of around 9% during 2014-2019. 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. Looking forward, IMARC Group expects the market to exhibit moderate growth during the forecast period (2020-2025).