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Global Cardiovascular Information System Market to reach USD 1581 million by 2027

Global Cardiovascular Information System Market Size study, by Type (CVIS, CPACS), by Mode of Operation (Web-based, On-site and cloud-based) and Regional Forecasts 2020-2027

Product Code: HALHI_56671454
Publish Date: 12-06-2020
Page: 200

Global Cardiovascular Information System Market is valued approximately at USD 848 million in 2019 and is anticipated to grow with a healthy growth rate of more than 8.10% over the forecast period 2020-2027. Cardiovascular information system (CVIS) is a type of digitized platform of research material software architecture that facilitates easy report generation and distribution and provides timely access to cardiovascular electronic medical records (EMR) in reports, images, and waveforms. These systems are also applied in electrocardiography (ECG) data management, catheterization, echocardiography, and vascular solutions. The use of CVIS also enables cardiologists to take a precise therapeutic decision on-time while sustaining higher level of patient care and reduced cost of treatment, which may contribute to the high market growth across the globe. The growing prevalence of cardiovascular diseases around the world, rising focus on operational superiority and reducing rate of medication error, and rising R&D activities by companies to advance new technologies in cardiac stroke management are the few factors responsible for the impressive CAGR of the market during the forecast period. According to the World Health Organization (WHO), Cardiovascular diseases (CVDs) are the leading cause of mortality and morbidity around the world, taking an almost 17.9 million lives of people every year. While as per the American Heart Association, around 17.6 million deaths were registered due to CVD in the year 2016 and is likely to grow almost 23.6 million by the year 2030. While, in May 2019, Boston Scientific’s VICI VENOUS STENT System has authorized by the U.S. Food and Drug Administration (FDA), intended for the treatment of iliofemoral venous obstructive disease. Therefore, the high incidences of cardiovascular diseases and rising R&D activities to launch new systems are likely to stimulate the demand for cardiovascular information system all over the world. However, the high cost and technical complexities related to cardiovascular information system are the few factors limiting the market growth over the forecast period of 2020-2027.

The regional analysis of the global Cardiovascular Information System market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Europe is the leading/significant region across the world in terms of market share owing to the early adoption of advanced systems for healing diseases, along with the wide presence of well-established healthcare infrastructure and market vendors in the region. Whereas Asia-Pacific is anticipated to exhibit the highest growth rate / CAGR over the forecast period 2020-2027. Factors such as the rise in prevalence of cardiovascular diseases coupled with improving healthcare infrastructure across the developing nations, such as China and India, would create lucrative growth prospects for the cardiovascular information system market across the Asia-Pacific region.

Major market player included in this report are:
Koninklijke Philips N.V.
GE Healthcare
McKesson Corporation
Siemens Healthineers AG
Merge Healthcare Inc.
Agfa HealthCare N.V.
Cerner Corporation
Fujifilm Holdings Corporation
Lumedx Corporation
Digisonics Inc.

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 eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:

By Mode of Operation:
On-site and cloud-based

By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global Cardiovascular Information System Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Million)
1.2.1. Cardiovascular Information System Market, by Region, 2018-2027 (USD Million)
1.2.2. Cardiovascular Information System Market, by Type, 2018-2027 (USD Million)
1.2.3. Cardiovascular Information System Market, by Mode of Operation, 2018-2027 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Cardiovascular Information System 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 Information System Market Dynamics
3.1. Cardiovascular Information System Market Impact Analysis (2018-2027)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Cardiovascular Information System 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
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Cardiovascular Information System Market, by Type
5.1. Market Snapshot
5.2. Global Cardiovascular Information System Market by Type, Performance – Potential Analysis
5.3. Global Cardiovascular Information System Market Estimates & Forecasts by Type 2017-2027 (USD Million)
5.4. Cardiovascular Information System Market, Sub Segment Analysis
5.4.1. CVIS
5.4.2. CPACS
Chapter 6. Global Cardiovascular Information System Market, by Mode of Operation
6.1. Market Snapshot
6.2. Global Cardiovascular Information System Market by Mode of Operation, Performance – Potential Analysis
6.3. Global Cardiovascular Information System Market Estimates & Forecasts by Mode of Operation 2017-2027 (USD Million)
6.4. Cardiovascular Information System Market, Sub Segment Analysis
6.4.1. Web-based
6.4.2. On-site and cloud-based
Chapter 7. Global Cardiovascular Information System Market, Regional Analysis
7.1. Cardiovascular Information System Market, Regional Market Snapshot
7.2. North America Cardiovascular Information System Market
7.2.1. U.S. Cardiovascular Information System Market Type breakdown estimates & forecasts, 2017-2027 Mode of Operation breakdown estimates & forecasts, 2017-2027
7.2.2. Canada Cardiovascular Information System Market
7.3. Europe Cardiovascular Information System Market Snapshot
7.3.1. U.K. Cardiovascular Information System Market
7.3.2. Germany Cardiovascular Information System Market
7.3.3. France Cardiovascular Information System Market
7.3.4. Spain Cardiovascular Information System Market
7.3.5. Italy Cardiovascular Information System Market
7.3.6. Rest of Europe Cardiovascular Information System Market
7.4. Asia-Pacific Cardiovascular Information System Market Snapshot
7.4.1. China Cardiovascular Information System Market
7.4.2. India Cardiovascular Information System Market
7.4.3. Japan Cardiovascular Information System Market
7.4.4. Australia Cardiovascular Information System Market
7.4.5. South Korea Cardiovascular Information System Market
7.4.6. Rest of Asia Pacific Cardiovascular Information System Market
7.5. Latin America Cardiovascular Information System Market Snapshot
7.5.1. Brazil Cardiovascular Information System Market
7.5.2. Mexico Cardiovascular Information System Market
7.6. Rest of The World Cardiovascular Information System Market
Chapter 8. Competitive Intelligence
8.1. Top Market Strategies
8.2. Company Profiles
8.2.1. Koninklijke Philips N.V. Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
8.2.2. GE Healthcare
8.2.3. McKesson Corporation
8.2.4. Siemens Healthineers AG
8.2.5. Merge Healthcare Inc.
8.2.6. Agfa HealthCare N.V.
8.2.7. Cerner Corporation
8.2.8. Fujifilm Holdings Corporation
8.2.9. Lumedx Corporation
8.2.10. Digisonics Inc.
Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

The study of the market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geographies to provide a better regional outlook. In the report, country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. Our analysts contact company executives, managers, key opinion leaders, and industry experts. This enables our analyst to derive the closest possible figures without any major deviations in the actual number.

Primary Research Sources:

  • Interview conducted with raw material suppliers & manufacturers.
  • Interview conducted with manufacturers, suppliers & distributors, researchers, & representatives of regulatory bodies.
  • Interview conducted with market players, industry experts, & independent consultants.
  • Secondary Research Sources:
  • Purchased Database: D&B Hoovers, Bloomberg, Inc., Business Information Industry Association, NAICS Association.
  • Internal Database: White papers, Certified Publications, Articles by Recognized Authors and Regulatory Bodies.
  • Government Databases: Food and Agriculture Organization (FAO), European Industrial Hemp Association (EIHA), World Health Organization (WHO), Food and Drug Administration (FDA), International Telecommunication Union (ITU), United States Department of Agriculture (USDA), International organization of Motor Vehicle Manufacturers (OICA).

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