Cardiovascular Information System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Overview:
The global cardiovascular information system (CVIS) market size reached US$ 1,033.3 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,715.9 Million by 2028, exhibiting a growth rate (CAGR) of 9.07% during 2023-2028.
The CVIS refers to a digitized software solution that collects clinical information in the form of electronic medical records (EMR). It incorporates echocardiography, hemodynamics monitoring, vascular ultrasound, electrophysiology, and cardiac and peripheral catheterization. It can store images, informatics, waveforms and patient reports across multiple locations in real-time and can also collect large amounts of data, which are further analyzed for accurate diagnosis of a cardiac ailment. This aids in improving patient safety, streamlining workflows, reducing errors by eliminating duplicate entries, thus enabling physicians to make accurate therapeutic decisions.
The growing medical industry, along with the prevalence of various cardiovascular ailments, is one of the key factors driving the growth of the market. With the growing geriatric population and sedentary lifestyle habits, there is a significant rise in the number of patients suffering from cardiac failures, ischemic heart disease (IHD) and arrhythmia across the globe. Furthermore, the emerging trend of digitization and advancements in the healthcare information technology (IT) sector, are also providing a boost to the market growth. Healthcare institutions are using the system for accessing medical data and images remotely, which consequently enhances the efficiency and interoperability of diagnostic centers. Additionally, the steadily increasing adoption rate of zero-footprint systems is acting as another growth-inducing factor. The CVIS eliminates the need for additional hard drives to store the software as it can transfer data through the web and provides the flexibility of delivery, along with the efficient review of compressed data sets. Other factors, including the rising demand for data-driven technologies, technological advancements and extensive research and development (R&D) activities, are projected to drive the market further.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global cardiovascular information system market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, component, mode of operation, end-user and application
Breakup by Type:
CVIS (Cardiovascular Information System)
C-PACS (Cardiology Picture Archiving and Communication System)
Breakup by Component:
Software
Hardware
Services
Breakup by Mode of Operation:
Web-based
Onsite
Cloud-based
Breakup by End-User:
Hospitals and Clinics
Cardiac Cath Labs
Diagnostic Centers
Others
Breakup by Application:
Catheterization
Echocardiography
Electrocardiogram
Electrophysiology
Nuclear Cardiology
Others
Breakup by Region:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being Agfa Healthcare India Private Limited, Cerner Corporation, Digisonics Inc., Fujifilm Medical Systems, GE Healthcare, LUMEDX Corporation, McKesson Corporation, Merge Healthcare, Inc., Koninklijke Philips N.V. and Siemens Healthineers AG.
Key Questions Answered in This Report
1. What was the size of the global cardiovascular information system market in 2022?
2. What is the expected growth rate of the global cardiovascular information system market during 2023-2028?
3. What are the key factors driving the global cardiovascular information system market?
4. What has been the impact of COVID-19 on the global cardiovascular information system market?
5. What is the breakup of the global cardiovascular information system market based on the type?
6. What is the breakup of the global cardiovascular information system market based on the component?
7. What is the breakup of the global cardiovascular information system market based on the mode of operation?
8. What is the breakup of the global cardiovascular information system market based on the end-user?
9. What is the breakup of the global cardiovascular information system market based on the application?
10. What are the key regions in the global cardiovascular information system market?
11. Who are the key players/companies in the global cardiovascular information system market?
- 1 Preface
- 2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
- 3 Executive Summary
- 4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
- 5 Global Cardiovascular Information System Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
- 6 Market Breakup by Type
- 6.1 CVIS (Cardiovascular Information System)
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 C-PACS (Cardiology Picture Archiving and Communication System)
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 7 Market Breakup by Component
- 7.1 Software
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Hardware
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Services
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 8 Market Breakup by Mode of Operation
- 8.1 Web-based
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Onsite
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Cloud-based
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 9 Market Breakup by End-User
- 9.1 Hospitals and Clinics
- 9.1.1 Market Trends
- 9.1.3 Market Forecast
- 9.2 Cardiac Cath Labs
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
- 9.3 Diagnostic Centers
- 9.3.1 Market Trends
- 9.3.3 Market Forecast
- 9.4 Others
- 9.4.1 Market Trends
- 9.4.2 Market Forecast
- 10 Market Breakup by Application
- 10.1 Catheterization
- 10.1.1 Market Trends
- 10.1.2 Market Forecast
- 10.2 Echocardiography
- 10.2.1 Market Trends
- 10.2.2 Market Forecast
- 10.3 Electrocardiogram
- 10.3.1 Market Trends
- 10.3.2 Market Forecast
- 10.4 Electrophysiology
- 10.4.1 Market Trends
- 10.4.2 Market Forecast
- 10.5 Nuclear Cardiology
- 10.5.1 Market Trends
- 10.5.2 Market Forecast
- 10.6 Others
- 10.6.1 Market Trends
- 10.6.2 Market Forecast
- 11 Market Breakup by Region
- 11.1 North America
- 11.1.1 United States
- 11.1.1.1 Market Trends
- 11.1.1.2 Market Forecast
- 11.1.2 Canada
- 11.1.2.1 Market Trends
- 11.1.2.2 Market Forecast
- 11.2 Asia Pacific
- 11.2.1 China
- 11.2.1.1 Market Trends
- 11.2.1.2 Market Forecast
- 11.2.2 Japan
- 11.2.2.1 Market Trends
- 11.2.2.2 Market Forecast
- 11.2.3 India
- 11.2.3.1 Market Trends
- 11.2.3.2 Market Forecast
- 11.2.4 South Korea
- 11.2.4.1 Market Trends
- 11.2.4.2 Market Forecast
- 11.2.5 Australia
- 11.2.5.1 Market Trends
- 11.2.5.2 Market Forecast
- 11.2.6 Indonesia
- 11.2.6.1 Market Trends
- 11.2.6.2 Market Forecast
- 11.2.7 Others
- 11.2.7.1 Market Trends
- 11.2.7.2 Market Forecast
- 11.3 Europe
- 11.3.1 Germany
- 11.3.1.1 Market Trends
- 11.3.1.2 Market Forecast
- 11.3.2 France
- 11.3.2.1 Market Trends
- 11.3.2.2 Market Forecast
- 11.3.3 United Kingdom
- 11.3.3.1 Market Trends
- 11.3.3.2 Market Forecast
- 11.3.4 Italy
- 11.3.4.1 Market Trends
- 11.3.4.2 Market Forecast
- 11.3.5 Spain
- 11.3.5.1 Market Trends
- 11.3.5.2 Market Forecast
- 11.3.6 Russia
- 11.3.6.1 Market Trends
- 11.3.6.2 Market Forecast
- 11.3.7 Others
- 11.3.7.1 Market Trends
- 11.3.7.2 Market Forecast
- 11.4 Latin America
- 11.4.1 Brazil
- 11.4.1.1 Market Trends
- 11.4.1.2 Market Forecast
- 11.4.2 Mexico
- 11.4.2.1 Market Trends
- 11.4.2.2 Market Forecast
- 11.4.3 Others
- 11.4.3.1 Market Trends
- 11.4.3.2 Market Forecast
- 11.5 Middle East and Africa
- 11.5.1 Market Trends
- 11.5.2 Market Breakup by Country
- 11.5.3 Market Forecast
- 12 SWOT Analysis
- 12.1 Overview
- 12.2 Strengths
- 12.3 Weaknesses
- 12.4 Opportunities
- 12.5 Threats
- 13 Value Chain Analysis
- 14 Porters Five Forces Analysis
- 14.1 Overview
- 14.2 Bargaining Power of Buyers
- 14.3 Bargaining Power of Suppliers
- 14.4 Degree of Competition
- 14.5 Threat of New Entrants
- 14.6 Threat of Substitutes
- 15 Price Indicators
- 16 Competitive Landscape
- 16.1 Market Structure
- 16.2 Key Players
- 16.3 Profiles of Key Players
- 16.3.1 Agfa Healthcare India Private Limited
- 16.3.1.1 Company Overview
- 16.3.1.2 Product Portfolio
- 16.3.1.3 Financials
- 16.3.2 Cerner Corporation
- 16.3.2.1 Company Overview
- 16.3.2.2 Product Portfolio
- 16.3.2.3 Financials
- 16.3.2.4 SWOT Analysis
- 16.3.3 Digisonics Inc.
- 16.3.3.1 Company Overview
- 16.3.3.2 Product Portfolio
- 16.3.4 Fujifilm Medical Systems
- 16.3.4.1 Company Overview
- 16.3.4.2 Product Portfolio
- 16.3.5 GE Healthcare
- 16.3.5.1 Company Overview
- 16.3.5.2 Product Portfolio
- 16.3.6 LUMEDX Corporation
- 16.3.6.1 Company Overview
- 16.3.6.2 Product Portfolio
- 16.3.7 McKesson Corporation
- 16.3.7.1 Company Overview
- 16.3.7.2 Product Portfolio
- 16.3.7.3 Financials
- 16.3.7.4 SWOT Analysis
- 16.3.8 Merge Healthcare, Inc.
- 16.3.8.1 Company Overview
- 16.3.8.2 Product Portfolio
- 16.3.9 Koninklijke Philips N.V.
- 16.3.9.1 Company Overview
- 16.3.9.2 Product Portfolio
- 16.3.10 Siemens Healthineers AG
- 16.3.10.1 Company Overview
- 16.3.10.2 Product Portfolio
- 16.3.10.3 Financials
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