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Primary Catalyst Driving Cardiovascular Information System Market Evolution in 2025: Impact Of Increasing Cardiovascular Disease Patients On The Cardiovascular Information System Market Driver
Cardiovascular Information System
The cardiovascular information system market is predicted to expand due to the growing population of patients suffering from cardiovascular diseases. Cardiovascular disease, commonly abbreviated as CVD, encompasses a variety of conditions that involve the obstruction or narrowing of blood vessels, potentially leading to serious issues such as heart attacks, strokes, or angina. The widespread prevalence of cardiovascular disease around the world, which primarily stems from risk factors like high blood pressure, obesity, smoking, high cholesterol levels, a lack of physical activity, and diabetes, is contributing to this trend. Cardiovascular information systems, known as CVIS, are instrumental in effectively managing patient information, facilitating communication amongst healthcare personnel and aiding in faster, more informed decisions in the process of diagnosing and treating patients. As an example, the Singapore Heart Foundation, a nonprofit organization based in Singapore, reported that ischemic heart diseases led to 5,302 deaths in May 2024, a minor increase from 5,290 deaths in 2022. Therefore, it's clear to see that the surge in the number of patients suffering from cardiovascular diseases is bolstering the growth of the cardiovascular information system market.
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What is the future CAGR of the cardiovascular information system market, and how will it impact industry expansion?
Recent years have exhibited substantial growth in the size of the cardiovascular information system market. The progression is set to continue, as the market is forecasted to expand from its $1.16 billion value in 2024 to $1.27 billion in 2025, which corresponds to a compound annual growth rate (CAGR) of 9.8%. This expansion observed in the historic period can be linked to a number of factors, notably the incorporation of electronic health records (EHR), the drive for workflow optimization, patient involvement and empowerment, the prevalence of cardiovascular disease, and the exchange and compatibility of data.
In the coming years, the market size for the cardiovascular information system is projected to experience robust expansion. The market is forecasted to reach $1.82 billion in 2029, with a compound annual growth rate (CAGR) of 9.4%. Factors contributing to this growth within the forecast period include value-based care initiatives, artificial intelligence and machine learning applications, cybersecurity and data privacy measures, as well as remote cardiac rehabilitation programs. Looking ahead, key trends spanning the forecast period will consist of cloud-based solutions, the adoption of advanced analytics and reporting, the integration of telemedicine, artificial intelligence and automation enhancements, along with reinforced cybersecurity protocols.
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What are the most significant trends transforming the cardiovascular information system market today?
Leading corporations in the cardiovascular information system market are focusing their efforts on producing advanced insertable monitors to enhance patient outcomes and make clinical processes more efficient. The introduction of these next-generation insertable heart monitors signals a major progression in heart care, providing superior diagnostic tools, increased comfort for patients, and more effective management of cardiovascular diseases. Take the example of Boston Scientific Corporation, which in October 2023, unveiled its LUX-Dx II+ Insertable Cardiac Monitor (ICM) System. This innovative monitor is designed for long-term tracking of arrhythmias related to ailments like atrial fibrillation (AF), cryptogenic stroke, and syncope. It comes with dual-stage algorithms for reliable arrhythmia detection, facilities for remote programming so there's no need for clinic appearances, and an app that can be downloaded for easy remote monitoring. This does not just enhance clinical decision-making, but also the overall patient care.
Which key market segments comprise the cardiovascular information system market and drive its revenue growth?
The cardiovascular information system market covered in this report is segmented -
1) By Components: Hardware, Software, Services
2) By Mode Of Operation: Web-Based, Cloud-Based, On-Site
3) By Application: Catheterization, Echocardiography, Electrocardiogram, Electrophysiology, Other Applications
4) By End User: Hospitals, Clinics, Cardiac Cath Labs, Ambulatory Surgical Centers, Diagnostic Centers
Subsegments:
1) By Hardware: Servers, Storage Devices, Network Equipment, Workstations
2) By Software: Cardiovascular Imaging Software, Electronic Health Record (EHR) Software, Cardiology Information System (CIS) Software, Data Management Software
3) By Services: Installation And Integration Services, Support And Maintenance Services, Training And Consulting Services
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North America was the largest region in the cardiovascular information system market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the cardiovascular information system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Who are the leading players fueling growth in the cardiovascular information system market?
Major companies operating in the cardiovascular information system market are McKesson Corporation, IBM Corporation, Medtronic Plc., Siemens AG, Fujifilm Holding Corporation, Koninklijke Philips N.V., GE HealthCare Technologies Inc., Boston Scientific Corporation, Cerner Corporation, Epic Systems Corporation, Carestream Health Inc., Allscripts Healthcare LLC, NextGen Healthcare LLC, Esaote S.p.A., Intelerad Medical Systems Incorporated, Merge Healthcare, Canon Medical Systems Corporation, CareCloud Corp., LivaNova Plc., Lumedx Corporation, Digisonics Inc., Medigy LLC, INFINITT Healthcare Co Ltd., CREALIFE Medical Technology Inc., Epic Systems Corporation
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What Is Covered In The Cardiovascular Information System Global Market Report?
•Market Size Forecast: Examine the cardiovascular information system market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the cardiovascular information system market for a structured understanding.
•Key Players Overview: Analyze major players in the cardiovascular information system market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the cardiovascular information system market.
•Segment Contributions: Evaluate how different segments drive overall growth in the cardiovascular information system market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the cardiovascular information system market.
•Industry Challenges: Identify potential risks and obstacles affecting the cardiovascular information system market.
•Competitive Landscape: Review strategic developments in the cardiovascular information system market, including expansions, agreements, and new product launches.
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