Cardiovascular Information System Market Surge in Demand from Surgical Industry to Boost Growth Forecast to 2026 By Top Players McKesson Corporation, Philips Healthcare, GE Healthcare, Cerner Corporation, Merge Healthcare, Agfa Healthcare

Continuous advancement of the database modules within the CVIS that covers the entire spectrum of cardiovascular activities, including both invasive and non-invasive is expected to propel growth of the market over the forecast period. Furthermore, increasing imaging and diagnostic tests in various regions are expected to drive growth of cardiovascular information system market. For instance, according to the National Health Service, England, 39.8 million imaging tests were reported in England in March 2015, compared to 37.9 million in the previous year. There is an increase of 4.9%, although the number of trusts submitting data have also increased in this period. The CVIS market is expected to grow during the forecast period, as increase in cardiovascular-related diseases is observed in BRIC countries, which is driving cardiology imaging procedure volumes. For instance, through the government-funded modernization project, over US$ 15 billion was spent in Russia from 2011 to 2013 on improving quality and accessibility of health care. This includes significant investment in diagnostic imaging systems such as MRI and CT systems. Thus, rapid growth in the diagnostic imaging system installed base impacted the adoption of PACS, RIS, and CVIS in this country during the forecast period. The global cardiovascular information system market was valued at US$ 668.3 Mn in 2017 and is expected to witness a CAGR of 8.5% over the forecast period (2018–2026).

Ask For The Highly Informative Sample Copy of This Business Report : https://www.coherentmarketinsights.com/insight/request-sample/20

Increasing incidences of cardiovascular diseases and adoption of technologically advanced products are expected to drive growth of the cardiovascular information system market

Rampant rise in incidence rate of cardiovascular diseases worldwide is fueling demand for cardiovascular information system that can aid physicians in managing patient’s cardiovascular medical records. According to the Centers for Disease Control and Prevention (CDC) foundation, 2015, around 800,000 people in the U.S. die due to stroke and other cardiovascular diseases. This has, in turn increased the need for imaging systems and the need for centralized data sharing units. Other major factors contributing towards growth of cardiovascular information system market include increasing need to streamline the workflow and strengthen referral relationships, thereby focusing more on patient care.

Increasing collaboration among market players is also expected to propel growth of the cardiovascular information system market over the forecast period. For instance, in June 2016, McKesson Corporation, a leading global healthcare services and information technology company, and Change Healthcare Holdings, Inc., one of the leading provider of software and analytics, network solutions, and technology-enabled services, announced launch of a new healthcare information technology company. This new organization brings together the complementary strengths of its IT division to deliver a broad portfolio of solutions. Furthermore, in April 2017, Siemens Healthineers partnered with Ebit to offer Ebit’s Suitestensa cardiovascular information system (CVIS) with Siemens' cardiology systems throughout Germany.

Some of the key players operating in the cardiovascular information system market include McKesson Corporation, Koninklijke Philips N.V., GE Healthcare, Cerner Corporation, Merge Healthcare, Agfa Healthcare, Siemens Healthcare, Agfa Healthcare, Fujifilm Medical Systems, Digisonics, Inc., and Lumedx.

Cardiovascular Information System Market Regional Outlook

On the basis of region, the global cardiovascular information system market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. North America is expected to hold a dominant position in this market, owing to the increasing prevalence of cardiovascular diseases and adoption of technologically advanced products. Moreover, factors such as improved healthcare facilities and better reimbursement scenario are also driving growth of cardiovascular information system market in this region. Asia Pacific is expected to witness significant growth in the market due to rising demand of cardiologists to produce a report from the cardiology picture archiving and communication systems (CPACS) while viewing the cardiac images and appropriate integration of reports, images, and measurements into a patient’s complete record.

Request Customization @ https://www.coherentmarketinsights.com/insight/request-customization/20

Also, increasing need to create an enterprise information management solution and need to reduce healthcare costs are propelling growth of cardiovascular information system market. The number of new vendors involving in healthcare information system are also expected to increase over the forecast period, as there are many niche market players who are trying to leverage the market share. Emerging economies such as Asia pacific and Latin America has huge potential for market growth, and is projected to be the fastest growing region over the forecast period.

About Coherent Market Insights:

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

Contact Us:

Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com

This release was published on openPR.