Global Cardiovascular Information System Market Size, Status And Forecast 2030

Posted by sandeep gade on December 23rd, 2022

 As the global healthcare industry addresses a paradigm shift towards coordinate care services, medical practitioners are compelled to develop databases for structuring case studies in the future. This necessitates the need for recording essential information on prevalent disorders such as cardiovascular diseases.

A latest study developed by Persistence Market Research predicts that the demand for cardiovascular information systems will keep surging in the upcoming decade. And, rising adoption of structured reporting is being identified as a key driver for cardiovascular information systems. Persistence Market Research values the global cardiovascular information systems market at close to US$ 700 Mn, and anticipates it to grow at 7.3% CAGR by bringing in around US$ 1,218.5 Mn till the end of 2024.

Leading providers of cardiovascular information systems in the world: McKeeson Corporation, IBM (Merge Healthcare), GE Healthcare, Agfa Healthcare, Digisonics Inc., Siemens AG, Koninklijke Philips NV, Fujifilm Holdings Corporation, and Lumedx

According to the report, titled “Cardiovascular Information Systems (CVIS) Market: Global Industry Analysis and Forecast, 2016-2024,” the global adoption of cardiovascular information systems will be rampant on the account of factors such as:

  •          Growing adoption of Vendor Neutral Archive (VNA) technology: Almost every other CVIS solution in the market is likely to be fully-compatible with the VNA technology. Sharing, storing and archiving medical information from more than 20 specialties and generating ideal CVIS solutions makes Vendor Neutral Archive an integral part of cardiovascular information systems.
  •          Higher investments in Health Information Technology (HIT): Consolidation of HIT solutions in the global healthcare industry is incidentally fuelling the adoption of cardiovascular information system solutions.
  •          Favorable government reforms: Hospitals and medical institutes are not shying away from installing advanced CVIS solutions, thanks to favorable legislative acts implemented by governments around the world. For instance, the Health Information Technology for Economic & Clinical Health (HITECH) Act of 2009 has been instrumenting billion-dollar investments towards development of electronic information systems that use medical records for important clinical purposes.

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sandeep gade

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sandeep gade
Joined: August 22nd, 2022
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