Cardiovascular Information System (CVIS) Market
Global Cardiovascular Information System (CVIS) Market Size, Share & Trends Analysis Report by Type (CVIS and Cardiac PACS (Premature atrial contractions), By Mode of Deployment (On Premises, and Cloud-Based), By Application (Heart Failure Centre, ECG And Holter Monitoring, Catheterization, Cardiothoracic, Echocardiography Lab, and Other), and Forecast 2019-2025 Update Available - Forecast 2024-2030
Global CVIS market is projected to grow at a CAGR of 7% during the forecast period. The market growth is mainly driven by the increasing prevalence of cardiovascular diseases (CVDs) and the rising adoption of healthcare information systems in hospitals and clinics. Moreover, rise in the adoption of electronic health record (EHR) has been considered a major factor that is augmenting the growth of the market. The rising popularity of cloud computing in healthcare will further drive the market and contribute in promoting CVIS to access and manage critical health records of patients. The CVIS provide data generation, compilation, analysis and synthesis in healthcare services to patients, improve management and aid in effective decision making. Integrated CVIS is increasingly adopted across globe owing to higher performance that provide fast and convenient access to healthcare services and also reduce costs.
Segmental Outlook
The global CVIS market is segmented on the basis of system type, mode of deployment, and application. Based on the system type, the market is further classified into cardiovascular information systems (CVIS) and cardiac picture archive and communications system (CPACS). Based on application, the market for CVIS is segregated into heart failure center, ECG and Holter monitoring, catheterization, cardiothoracic, echocardiography lab and others. The mode of deployment segment is further sub-segmented into on premises and cloud-based.
Global CVIS Market Share by Type, 2018 (%)
CVIS system has a significant share in the global CVIS market
CVIS system segment is estimated to have a significant market share during the forecast period. The CVIS offers effective data analysis and accurate therapeutic decision making in less time as compared to the cardiac PACS. The CVIS systems support in the assessment of chronic conditions such as CHD, stroke, and other heart related diseases. These systems allow compilation of demographic data, geographic data, data about risk factor of diseases and other related data. This aggregation guides decision makers to manage the screening programs which creates the demand for CVIS in hospitals and clinics that propels the market growth.
Regional Outlook
Geographically, the global CVIS market is further classified into North America, Europe, Asia-Pacific and Rest of the World. Asia-Pacific is estimated to have a significant growth due to growing investment by the IT companies in the healthcare sector and supportive government initiatives. Further, the increased healthcare expenditure and improving healthcare systems are also motivating the market growth during the forecast period.
Global CVIS Market Growth, by Region 2019-2025
North America has a significant share in the CVIS market
North America is estimated to dominate the CVIS market. North America has well-developed healthcare infrastructure, owing to which, the companies invest largely in the development of an innovative platform for CVIS system. The high adoption of EHR systems coupled with the cohesive government initiatives are supporting the implementation of CVIS systems across the region. As per the office of the National Coordinator for Health Information Technology, around 96% of all hospitals in the US have an EHR federally tested as well as certified for the government’s incentive program in 2018. Moreover, The Health Information Technology for Economic and Clinical Health (HITECH) Act of 2009 directed the Office of the National Coordinator for Health Information Technology in order to promote the adoption and meaningful use of EHRs in the region. In addition, the adoption of health IT products is a major objective of the Federal Health IT Strategic Plan that encourages the demand for CVIS in the region.
Market Players Outlook
The major players that contribute to the growth of the global CVIS market include FUJIFILM Holdings Corp., General Electric Co., Koninklijke Philips NV, McKesson Corp., Siemens AG, Cerner Corp., LUMEDX Corp., Merge Healthcare Inc., ScImage, Inc., and many others. The players operating in the market adopt various strategies such as technological advancement, product launch, merger and acquition for gaining the sustainable position in the market that further propels the growth of the market. For instance, in April 2017, Siemens AG partnered with Ebit to offer Ebit's Suitestensa CVIS as an option with all its cardiology systems throughout Germany. With this partnership, Siemens enhanced their market presence in the European market.
The Report Covers
- Market value data analysis of 2018 and forecast to 2025.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global CVIS market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
1.2.3. By Stakeholders
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
2.3. Rules & Regulations
3. Competitive Landscape
3.1. Company Share Analysis
3.2. Key Strategy Analysis
3.3. Key Company Analysis
3.3.1. FUJIFILM Holdings Corp.
3.3.1.1. Overview
3.3.1.2. Financial Analysis
3.3.1.3. SWOT Analysis
3.3.1.4. Recent Developments
3.3.2. General Electric Co.
3.3.2.1. Overview
3.3.2.2. Financial Analysis
3.3.2.3. SWOT Analysis
3.3.2.4. Recent Developments
3.3.3. Koninklijke Philips N.V.
3.3.3.1. Overview
3.3.3.2. Financial Analysis
3.3.3.3. SWOT Analysis
3.3.3.4. Recent Developments
3.3.4. McKesson Corp.
3.3.4.1. Overview
3.3.4.2. Financial Analysis
3.3.4.3. SWOT Analysis
3.3.4.4. Recent Developments
3.3.5. Siemens AG
3.3.5.1. Overview
3.3.5.2. Financial Analysis
3.3.5.3. SWOT Analysis
3.3.5.4. Recent Developments
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Global CVIS Market by System Type
5.1.1. Cardiovascular Information Systems (CVIS)
5.1.2. Cardiac Picture Archive and Communications System (CPACS)
5.2. Global CVIS Market by Mode of Deployment
5.2.1. On Premises
5.2.2. Cloud-Based
5.3. Global CVIS Market by Application
5.3.1. Heart Failure Centre
5.3.2. ECG and Holter Monitoring
5.3.3. Catheterization
5.3.4. Cardiothoracic
5.3.5. Echocardiography Lab
5.3.6. Other (Outpatient Clinic, Nuclear Cardiology, Electrophysiology)
6. Regional Analysis
6.1. North America
6.1.1. United States
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. Agfa HealthCare NV
7.2. Cerner Corp.
7.3. Digisonics, Inc.
7.4. Epic Systems Corp.
7.5. Esaote S.p.A
7.6. FUJIFILM Holdings Corp.
7.7. General Electric Co.
7.8. INFINITT North America Inc.
7.9. Johnson & Johnson Services, Inc.
7.10. Koninklijke Philips N.V.
7.11. LUMEDX Corp.
7.12. McKesson Corp.
7.13. Medstreaming
7.14. Medtronic PLC
7.15. Merge Healthcare Inc. (IBM Corp.)
7.16. NextGen Healthcare, Inc.
7.17. Perminova LLC
7.18. ScImage, Inc.
7.19. Siemens AG
1. GLOBAL CVIS MARKET RESEARCH AND ANALYSIS BY SYSTEM TYPE, 2018-2025 ($ MILLION)
2. GLOBAL CVIS SYSTEM MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
3. GLOBAL CPACS SYSTEM MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
4. GLOBAL CVIS MARKET RESEARCH AND ANALYSIS BY MODE OF DEPLOYMENT, 2018-2025 ($ MILLION)
5. GLOBAL ON PREMISES CVIS SOLUTIONS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
6. GLOBAL CLOUD-BASED CVIS SOLUTIONS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
7. GLOBAL CVIS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)
8. GLOBAL CVIS IN HEART FAILURE CENTRE MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
9. GLOBAL CVIS IN ECG AND HOLTER MONITORING MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
10. GLOBAL CVIS IN CATHETERIZATION MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
11. GLOBAL CVIS IN CARDIOTHORACIC MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
12. GLOBAL CVIS IN ECHOCARDIOGRAPHY LAB MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
13. GLOBAL CVIS IN OTHER APPLICATIONS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
14. GLOBAL CVIS MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2018-2025 ($ MILLION)
15. NORTH AMERICAN CVIS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
16. NORTH AMERICAN CVIS MARKET RESEARCH AND ANALYSIS BY SYSTEM TYPE, 2018-2025 ($ MILLION)
17. NORTH AMERICAN CVIS MARKET RESEARCH AND ANALYSIS BY MODE OF DEPLOYMENT, 2018-2025 ($ MILLION)
18. NORTH AMERICAN CVIS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)
19. EUROPEAN CVIS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
20. EUROPEAN CVIS MARKET RESEARCH AND ANALYSIS BY SYSTEM TYPE, 2018-2025 ($ MILLION)
21. EUROPEAN CVIS MARKET RESEARCH AND ANALYSIS BY MODE OF DEPLOYMENT, 2018-2025 ($ MILLION)
22. EUROPEAN CVIS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)
23. ASIA-PACIFIC CVIS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
24. ASIA-PACIFIC CVIS MARKET RESEARCH AND ANALYSIS BY SYSTEM TYPE, 2018-2025 ($ MILLION)
25. ASIA-PACIFIC CVIS MARKET RESEARCH AND ANALYSIS BY MODE OF DEPLOYMENT, 2018-2025 ($ MILLION)
26. ASIA-PACIFIC CVIS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)
27. REST OF THE WORLD CVIS MARKET RESEARCH AND ANALYSIS BY SYSTEM TYPE, 2018-2025 ($ MILLION)
28. REST OF THE WORLD CVIS MARKET RESEARCH AND ANALYSIS BY MODE OF DEPLOYMENT, 2018-2025 ($ MILLION)
29. REST OF THE WORLD CVIS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)
1. GLOBAL CVIS MARKET SHARE BY SYSTEM TYPE, 2018 VS 2025 (%)
2. GLOBAL CVIS MARKET SHARE BY MODE OF DEPLOYMENT, 2018 VS 2025 (%)
3. GLOBAL CVIS MARKET SHARE BY APPLICATION, 2018 VS 2025 (%)
4. GLOBAL CVIS MARKET SHARE BY GEOGRAPHY, 2018 VS 2025 (%)
5. US CVIS MARKET SIZE, 2018-2025 ($ MILLION)
6. CANADA CVIS MARKET SIZE, 2018-2025 ($ MILLION)
7. UK CVIS MARKET SIZE, 2018-2025 ($ MILLION)
8. FRANCE CVIS MARKET SIZE, 2018-2025 ($ MILLION)
9. GERMANY CVIS MARKET SIZE, 2018-2025 ($ MILLION)
10. ITALY CVIS MARKET SIZE, 2018-2025 ($ MILLION)
11. SPAIN CVIS MARKET SIZE, 2018-2025 ($ MILLION)
12. ROE CVIS MARKET SIZE, 2018-2025 ($ MILLION)
13. INDIA CVIS MARKET SIZE, 2018-2025 ($ MILLION)
14. CHINA CVIS MARKET SIZE, 2018-2025 ($ MILLION)
15. JAPAN CVIS MARKET SIZE, 2018-2025 ($ MILLION)
16. REST OF ASIA-PACIFIC CVIS MARKET SIZE, 2018-2025 ($ MILLION)
17. REST OF THE WORLD CVIS MARKET SIZE, 2018-2025 ($ MILLION)
