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Global Cardiovascular Digital Solutions Market to reach USD 141.90 billion by the end of 2029.

Global Cardiovascular Digital Solutions Market Size study & Forecast, by Service Type ( Unobtrusive Testing, CVD Health Informatics, Cardiac Rehab Programs, Others) by Deployment( Cloud-based, On-premise), by Component ( Devices, Software), by End Use (Hospitals & Clinics, Ambulatory care centers and Others) and Regional Analysis, 2022-2029

Product Code: HLSHIT-81023078
Publish Date: 24-04-2023
Page: 200

Global Cardiovascular Digital Solutions Market is valued at approximately USD 97.52 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 4.80% over the forecast period 2022-2029. Cardiovascular digital solutions are the fusion and application of digital technologies such as software, wearables, sensors, smartphones, artificial intelligence, and virtual healthcare solutions. To develop and offer effective healthcare solutions, digital healthcare systems are being used. The Cardiovascular Digital Solutions Market is expanding because of factors such as the rising prevalence of cardiovascular diseases and rapid advancement in healthcare technology.

One of the key factors fueling the growth of the market for cardiovascular digital solutions is the quick digitalization of the healthcare industry globally. The rise in the comorbidity of CVD with other medical conditions and disease states, necessitating multi-parameter monitoring beyond the ECG to make cardiac care more targeted and effective, is driving up demand for digital solutions, which is driving the growth of the cardiovascular digital solutions market. According to a Future Science Group report, 7.6 million diagnosed instances of chronic heart failure (CHF) and an estimated 3.6 million heart failure hospitalizations were expected in North America in 2020. Along with these, according to a report on the “Epidemiological Features of Cardiovascular Disease in Asia” published in JACC journals, cardiovascular disease (CVD) continues to be the main cause of fatalities and preventable deaths globally. Asia accounted for almost 58% of the 18.6 million CVD deaths that occurred worldwide in 2019. Furthermore, the rising geriatric population is also leveraging market growth. According to the World Bank Group, the world’s old population was 727 million in 2020, and it is predicted to treble over the next three decades, reaching 1.5 billion in 2050. In addition, Research and development initiatives, improved healthcare infrastructure, and an increase in healthcare spending all have a beneficial impact on the market for cardiovascular digital solutions.

The key regions considered for the Global Cardiovascular Digital Solutions Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the dominance of branded Service Types and the region’s increasing disease prevalence. Whereas Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as rising geriatric and target populations, an increase in the number of collaborations for product development, geographic expansion of key players, and active participation of government and nonprofit organizations in the market space.

Major market player included in this report are:
iRythm Technologies, Inc.
Apple Inc.
General Electric Company
Uber Diagnostics Pvt Ltd
AlivCor, Inc.
Verily Life Sciences LLC
HeartFlow, Inc.
Bardy Diagnostics, Inc.
Bio Telemetry, Inc.
Koninkelijke Philips N.V

Recent Developments in the Market:
Ø In April 2022, Medtronic, a manufacturer of medical devices, and GE Healthcare, a supplier of medical technology, collaborated. The goal of the collaboration was to concentrate on the significant demand for care at ambulatory surgery centres (ASCs) and office-based labs (OBLs). Customers can access broad product portfolios, financial solutions, and other great services through this relationship.
Ø In March 2022, Philips announced the launch of the ACC 2022 workspace which facilitates echocardiography technique. Cardiologists may employ a standardised set of AI-driven medical imaging and quantification tools both on and off the echocardiography cart to aid increase efficiency and uniformity while also improving diagnostic precision.

Global Cardiovascular Digital Solutions Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Service Type, Deployment, Component, End Use, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Service Type offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Service Type:
Unobtrusive Testing
CVD Health Informatics
Cardiac Rehab Programs
Others

By Deployment:
Cloud-Based
On-premise
By component:
Devices
Software
By End Use:
Hospitals & Clinics
Ambulatory care centers
Others

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
1.2.1. Cardiovascular Digital Solutions Market, by Region, 2019-2029 (USD Billion)
1.2.2. Cardiovascular Digital Solutions Market, by Service Type, 2019-2029 (USD Billion)
1.2.3. Cardiovascular Digital Solutions Market, by Deployment, 2019-2029 (USD Billion)
1.2.4. Cardiovascular Digital Solutions Market, by Component, 2019-2029 (USD Billion)
1.2.5. Cardiovascular Digital Solutions Market, by End Use, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Cardiovascular Digital Solutions Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Cardiovascular Digital Solutions Market Dynamics
3.1. Cardiovascular Digital Solutions Market Impact Analysis (2019-2029)
3.1.1. Market Drivers
3.1.1.1. The increase in prevalence of cardiovascular diseases
3.1.1.2. rapid advancement in healthcare technology
3.1.2. Market Challenges
3.1.2.1. High Cost of Cardiovascular Digital Solutions
3.1.3. Market Opportunities
3.1.3.1. Advancements in the wireless communication technologies
3.1.3.2. Rising adoption of digital technologies
Chapter 4. Global Cardiovascular Digital Solutions Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion
Chapter 5. Risk Assessment: COVID-19 Impact
5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Cardiovascular Digital Solutions Market, by Service Type
6.1. Market Snapshot
6.2. Global Cardiovascular Digital Solutions Market by Service Type, Performance – Potential Analysis
6.3. Global Cardiovascular Digital Solutions Market Estimates & Forecasts by Service Type 2019-2029 (USD Billion)
6.4. Cardiovascular Digital Solutions Market, Sub Segment Analysis
6.4.1. Unobtrusive Testing
6.4.2. CVD Health Informatics
6.4.3. Cardiac Rehab Programs
6.4.4. Others
Chapter 7. Global Cardiovascular Digital Solutions Market, by Deployment
7.1. Market Snapshot
7.2. Global Cardiovascular Digital Solutions Market by Deployment, Performance – Potential Analysis
7.3. Global Cardiovascular Digital Solutions Market Estimates & Forecasts by Deployment 2019-2029 (USD Billion)
7.4. Cardiovascular Digital Solutions Market, Sub Segment Analysis
7.4.1. Cloud-Based
7.4.2. On-premise
Chapter 8. Global Cardiovascular Digital Solutions Market, by Component
8.1. Market Snapshot
8.2. Global Cardiovascular Digital Solutions Market by Component, Performance – Potential Analysis
8.3. Global Cardiovascular Digital Solutions Market Estimates & Forecasts by Component 2019-2029 (USD Billion)
8.4. Cardiovascular Digital Solutions Market, Sub Segment Analysis
8.4.1. Devices
8.4.2. Software
Chapter 9. Global Cardiovascular Digital Solutions Market, by End Use
9.1. Market Snapshot
9.2. Global Cardiovascular Digital Solutions Market by End Use, Performance – Potential Analysis
9.3. Global Cardiovascular Digital Solutions Market Estimates & Forecasts by End Use 2019-2029 (USD Billion)
9.4. Cardiovascular Digital Solutions Market, Sub Segment Analysis
9.4.1. Hospitals & Clinics
9.4.2. Ambulatory care centres
9.4.3. Others
Chapter 10. Global Cardiovascular Digital Solutions Market, Regional Analysis
10.1. Cardiovascular Digital Solutions Market, Regional Market Snapshot
10.2. North America Cardiovascular Digital Solutions Market
10.2.1. U.S. Cardiovascular Digital Solutions Market
10.2.1.1. Service Type breakdown estimates & forecasts, 2019-2029
10.2.1.2. Deployment breakdown estimates & forecasts, 2019-2029
10.2.1.3. Component breakdown estimates & forecasts, 2019-2029
10.2.1.4. End Use breakdown estimates & forecasts, 2019-2029
10.2.2. Canada Cardiovascular Digital Solutions Market
10.3. Europe Cardiovascular Digital Solutions Market Snapshot
10.3.1. U.K. Cardiovascular Digital Solutions Market
10.3.2. Germany Cardiovascular Digital Solutions Market
10.3.3. France Cardiovascular Digital Solutions Market
10.3.4. Spain Cardiovascular Digital Solutions Market
10.3.5. Italy Cardiovascular Digital Solutions Market
10.3.6. Rest of Europe Cardiovascular Digital Solutions Market
10.4. Asia-Pacific Cardiovascular Digital Solutions Market Snapshot
10.4.1. China Cardiovascular Digital Solutions Market
10.4.2. India Cardiovascular Digital Solutions Market
10.4.3. Japan Cardiovascular Digital Solutions Market
10.4.4. Australia Cardiovascular Digital Solutions Market
10.4.5. South Korea Cardiovascular Digital Solutions Market
10.4.6. Rest of Asia Pacific Cardiovascular Digital Solutions Market
10.5. Latin America Cardiovascular Digital Solutions Market Snapshot
10.5.1. Brazil Cardiovascular Digital Solutions Market
10.5.2. Mexico Cardiovascular Digital Solutions Market
10.5.3. Rest of Latin America Cardiovascular Digital Solutions Market
10.6. Rest of The World Cardiovascular Digital Solutions Market

Chapter 11. Competitive Intelligence
11.1. Top Market Strategies
11.2. Company Profiles
11.2.1. iRythm Technologies, Inc.
11.2.1.1. Key Information
11.2.1.2. Overview
11.2.1.3. Financial (Subject to Data Availability)
11.2.1.4. Product Summary
11.2.1.5. Recent Developments
11.2.2. Apple Inc.
11.2.3. General Electric Company
11.2.4. Uber Diagnostics Pvt Ltd
11.2.5. AlivCor, Inc.
11.2.6. Verily Life Sciences LLC
11.2.7. HeartFlow, Inc.
11.2.8. Bardy Diagnostics, Inc.
11.2.9. Bio Telemetry, Inc.
11.2.10. Koninkelijke Philips N.V.
Chapter 12. Research Process
12.1. Research Process
12.1.1. Data Mining
12.1.2. Analysis
12.1.3. Market Estimation
12.1.4. Validation
12.1.5. Publishing
12.2. Research Attributes
12.3. Research Assumption

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Data Collection:
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Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
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