Market Research Report
Cardiology Information System Market - Growth, Trends, and Forecast (2020 - 2025)
|Published by||Mordor Intelligence Pvt Ltd||Product code||925323|
|Published||Content info||120 Pages
Delivery time: 2-3 business days
|Cardiology Information System Market - Growth, Trends, and Forecast (2020 - 2025)|
|Published: February 1, 2020||Content info: 120 Pages||
The Cardiology information system (CIS) market studied was anticipated to grow with a CAGR of nearly 9.2% during the forecast period. The major factors attributing to the growth of the market are an increased volume of hospitalized patients diagnosed with cardiovascular diseases such as coronary heart diseases and stroke. For instance, according to the American Heart Association report published for the year 2019, cardiac diseases like coronary heart disease, hypertension, and stroke were ranked as the highest cause of deaths in the US. Thus, owing to the rise in government initiatives and increased demand for the evaluation and monitoring of cardiovascular functioning over a period to avoid medication errors necessitating the electronic health record system is likely to fuel the market over the forecast period.
The Web-based Operations by Mode of Operation Segment is Expected to Hold the Largest Market Share in the CIS Market
North America Dominates the Market and Expected to do Same in the Forecast Period.
The cardiology information system market is moderately competitive and consists of several major players. Some of the companies are expanding their market position and while others are adopting various strategies such as acquisitions, mergers, introducing new products and upgrading the technologies to maintain their market position. For Instance, In February 2019 Philips launched IntelliSpace Cardiovascular 4.1, its next-generation cardiovascular image and information management system which provides a holistic view to facilitating better-informed decision-making while delivering on the quadruple improved patient and staff experience, better health outcomes and lower costs of care expanding its market globally. Few of the major players currently dominating the industry in terms of revenue are CREALIFE Medical Technology, Koninklijke Philips N V, Esaote SpA, Infinitt Healthcare Co Ltd, and Central Data Networks PTY Ltd.