Press release
Cardiovascular Digital Solutions Market Expected to Reach $154.1 Billion by 2032
Cardiovascular digital solutions market size was valued at $84.4 billion in 2022, and is estimated to reach $154.1 billion by 2032, growing at a CAGR of 6.2% from 2023 to 2032. The cardiology digital solutions market refers to the sector within the healthcare industry that focuses on the development, implementation, and utilization of digital technologies and software solutions to improve the diagnosis, treatment, monitoring, and management of cardiovascular diseases. Cardiology digital solutions encompass a wide range of technologies, including electronic health records (EHRs), telemedicine platforms, wearable devices, mobile applications, remote patient monitoring systems, data analytics tools, and artificial intelligence (AI) algorithms. These solutions are designed to enhance the efficiency and accuracy of cardiology procedures, facilitate remote patient care, enable real-time monitoring of cardiac conditions, and support personalized treatment plans.๐๐ข๐ฌ๐ญ ๐จ๐ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ :
iRhythm Technologies, Inc., Baxter International Inc., AlivCor, Inc., Apple Inc., Cardiac Insight Inc., HeartFlow, Inc, Verily Life Sciences LLC, General Electric, Murata Manufacturing Co., Ltd., Koninklijke Philips N.V.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ https://www.alliedmarketresearch.com/request-sample/12833
On the basis of service, the cardiovascular digital solutions market share is classified into unobtrusive monitoring, CVD health informatics, and cardiac rehabilitation programs. The unobtrusive monitoring segment was the largest revenue contributor to the market in 2022, owing to high adoption of unobtrusive monitoring devices such as wearable fitness trackers and cardiac monitoring patch.
On the basis of component, the market is classified into devices and software. The software segment was the highest revenue contributor to the market in 2022 and is the fastest growing segment during the forecast period, due to the high use of artificial intelligence integrated software for diagnosis in hospitals.
On the basis of end user, the market is categorized into healthcare organization, healthcare consumer, and others. The others include govt institute, payer. The healthcare consumer segment was the largest revenue contributor to the market in 2022, owing to high usage of cardiology devices for diagnosis of large patient's base.
On the basis of region, North America has the highest cardiovascular digital solutions market share in 2022, and is expected to maintain its lead during the forecast period, owing to rise in prevalence of cardiovascular disorders and strong presence of cardiovascular digital solutions industry in this region. However, Asia-Pacific is expected to exhibit the fastest growth during the cardiovascular digital solutions market forecast period, owing to the rise in geriatric population and government initiative towards healthcare facilities.
๐ ๐จ๐ซ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ https://www.alliedmarketresearch.com/purchase-enquiry/12833
Furthermore, the rise in adoption of digital healthcare technologies is one of the major key factors contributing to the growth of the cardiology digital solutions market. Patients can now remotely track their heart rate, blood pressure, and other relevant parameters using mobile apps or wearable devices. For instance, as of 2022, there were 100 million apple watch users globally. Apple watch is also used for cardiac monitoring as it can measure real time heart rate. Furthermore, apple watch also detects and notifies for irregular heart rate. The irregular rhythm notification feature on apple watch will occasionally look at user's heartbeat to check for an irregular rhythm that might be suggestive of atrial fibrillation (AFib). Thus, the high adoption of digital healthcare technology for cardiac monitoring is expected to drive the growth of the market.
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