Cardiovascular Information System Market Global Market Studies, Surveys, Outlook, Trends Analysis and Forecast 2026 Appraised By Global Players McKesson Corporation, Philips Healthcare, GE Healthcare, Cerner Corporation

Cardiovascular information system is a web-based solution that provides an end-to-end management platform and allows cardiologists and clinical staff to efficiently access post-procedural phases of patient care, including imaging, reporting, hemodynamics, analytics, and others. McKesson Cardiology streamlines data management into a single Cardiovascular Information System (CVIS), which allows to collect data and help improve the quality of care provided to patients.

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Market Dynamics

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.

Key players covered as a part of this study include McKesson Corporation, Philips Healthcare, GE Healthcare, Cerner Corporation, Merge Healthcare, Agfa Healthcare, Siemens Healthcare, Agfa Healthcare, Fujifilm Medical Systems, Digisonics, Inc., and Lumedx

Detailed Segmentation:

Global Cardiovascular Information System Market, By Component:
Software
Services

Global Cardiovascular Information System Market, By Deployment:
Cloud-Based
On-Premise

Global Cardiovascular Information System Market, By Application:
Cardiac and Peripheral Catheterization
Hemodynamics Monitoring
Electrophysiology
Echocardiography
Others

Global Cardiovascular Information System Market, By End User:
Hospitals
Diagnostic Laboratories
Ambulatory Surgical Centers
Clinics

Global Cardiovascular Information System Market, By Region:
North America
Europe
Asia Pacific
Latin America
Middle East
Africa

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.

Furthermore, access to all cardiac images at once helps the physicians to make better treatment decisions at timely intervals. Various hospital facilities are also focussing on procuring this type of technology to improve cardiac care. For instance, in October, 2014, Chinese Hospital in San Francisco chose LUMEDX’s cloud-based HealthView CVIS to store information and cardiac images from its cardiopulmonary services department, which will help practitioners in delivering cost-efficient top-quality care. However, the high cost and technical complexities often associated with these systems are expected to hamper growth of the global cardiovascular information system market.

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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. 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.

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