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Key Trends Reshaping the Cardiovascular Information System Market: Advancements in Cardiovascular Information Systems With The Launch Of Next-Generation Insertable Monitors For Enhanced Patient Care Industry Transformation
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Cardiovascular Information System Market Size Growth Forecast: What to Expect by 2025?
The market size of the cardiovascular information system has seen robust growth in the past few years. From $1.16 billion in 2024, it is predicted to expand to $1.27 billion in 2025, with a compound annual growth rate (CAGR) of 9.8%. Factors contributing to this historical growth include the integration of electronic health records (EHR), the necessity for workflow optimization, patient involvement, the burden of cardiovascular diseases, and data exchange and interoperability.
How Will the Cardiovascular Information System Market Size Evolve and Grow by 2029?
The market size for the cardiovascular information system is anticipated to experience robust expansion in the coming years, increasing to $1.82 billion by 2029 with a compound annual growth rate (CAGR) of 9.4%. This growth during the predicted period is due in part to the contribution of value-oriented care initiatives, advancements in artificial intelligence and machine learning, increased focus on cybersecurity and data privacy, as well as the emergence of remote cardiac rehabilitation programs. The key trends expected for the forecasted period are the integration of cloud-based solutions, improved analytics and reporting, the inclusion of telemedicine, the rise of artificial intelligence, automation and enhanced cybersecurity precautions.
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What Drivers Are Propelling the Growth of Cardiovascular Information System Market Forward?
The rise in cardiovascular disease patients is anticipated to fuel the expansion of the cardiovascular information system market. Cardiovascular disease (CVD) includes conditions that are characterized by constricted or obstructed blood vessels, potentially leading to complications like heart attacks, angina, or strokes. The prevalence of cardiovascular disease, which includes a variety of heart and vessel-related problems, has surged worldwide. This escalation is primarily attributable to risk factors such as elevated blood pressure, high cholesterol, smoking, obesity, diabetes, and a sedentary lifestyle. With the use of Cardiovascular Information Systems (CVIS), management of patient data is streamlined, communication between healthcare providers is enhanced, and faster and more informed decisions can be made concerning treatment and diagnosis. For example, the Singapore Heart Foundation (SHF), a non-profit organization based in Singapore, reported that in May 2024, there were 5,302 deaths due to ischemic heart diseases, slightly up from 5,290 deaths in 2022. Consequently, the rising number of cardiovascular disease patients is spurring the growth of the cardiovascular information system market.
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Which Emerging Trends Are Transforming the Cardiovascular Information System Market in 2025?
Firms dominating the cardiovascular information system market are concentrating their efforts on introducing next-generation insertable monitors to enhance patient results and optimize clinical procedures. This new breed of insertable cardiac monitors signifies a major leap forward in cardiac treatment, providing superior diagnostic prowess, heightened patient ease, and a more effective strategy for managing cardiovascular ailments. For instance, Boston Scientific Corporation introduced the LUX-Dx II+ Insertable Cardiac Monitor (ICM) System in October 2023. This innovative insertable monitor was designed for extended surveillance of arrhythmias related to conditions such as atrial fibrillation (AF), cryptogenic stroke, and syncope. It features two-stage algorithms for precise arrhythmia identification, remote adjustment capabilities to avoid clinic visits, and an easy-to-download app for convenient remote supervision which improves clinical judgement and patient treatment.
What Are the Key Segments in the Cardiovascular Information System Market?
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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Who Are the Key Players Shaping the Cardiovascular Information System Market's Competitive Landscape?
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
What Geographic Markets Are Powering Growth in the Cardiovascular Information System Market?
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.
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