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Cardiovascular Information System Market Cost Analysis And Growth Factor Report by 2026

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.


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.


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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 features of the study:

  • This report provides in-depth analysis of the cardiovascular information system market, market size (US$ Mn) and cumulative annual growth rate (CAGR (%)) for the forecast period: 2018 – 2026, considering 2016 as the base year

  • It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market

  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by the leading players

  • It profiles leading players in the global cardiovascular information system market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments, and strategies

  • 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

Increasing collaboration among market players is also expected to propel growth of the cardiovascular information system market over the forecast period. For instance, in June 2016, McKesson Corporation, a leading global healthcare services and information technology company, and Change Healthcare Holdings, Inc., one of the leading provider of software and analytics, network solutions, and technology-enabled services, announced launch of a new healthcare information technology company. This new organization brings together the complementary strengths of its IT division to deliver a broad portfolio of solutions. Furthermore, in April 2017, Siemens Healthineers partnered with Ebit to offer Ebit’s Suitestensa cardiovascular information system (CVIS) with Siemens' cardiology systems throughout Germany.


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.


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