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Cardiovascular Information System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

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    Report

  • 142 Pages
  • October 2023
  • Region: Global
  • IMARC Group
  • ID: 5682407

Quick Summary:

As health technology surges forward, the Cardiovascular Information System (CVIS) market is set for remarkable growth, spurred by the prevalence of cardiac conditions, an increasing geriatric population and the subsequent need for sophisticated electronic medical record (EMR) systems. This comprehensive market research report provides a deep exploration of the global CVIS market and how innovations and digitization are supporting its growth trajectory.

The CVIS is a groundbreaking tool that streamlines efficiencies in cardiac patient care. By aggregating vast amounts of data and in real-time, the system allows for improved patient safety, workflow management and accurate diagnostic capabilities. Collectively, these factors support physicians in making informed therapeutic decisions. Additionally, given the rise of remote medical data accessibility, and the trend toward zero-footprint systems, the potential for the CVIS market is substantial. This report provides a detailed view of current market dynamics, the directed impact of technological advancements, and strategic opportunities that lie ahead for potential market entrants and established players alike.

The global cardiovascular information system (CVIS) market size reached US$ 1,033.3 Million in 2022. Looking forward, the analyst expects the market to reach US$ 1,715.9 Million by 2028, exhibiting a growth rate (CAGR) of 9.07% during 2023-2028.

The CVIS refers to a digitized software solution that collects clinical information in the form of electronic medical records (EMR). It incorporates echocardiography, hemodynamics monitoring, vascular ultrasound, electrophysiology, and cardiac and peripheral catheterization. It can store images, informatics, waveforms and patient reports across multiple locations in real-time and can also collect large amounts of data, which are further analyzed for accurate diagnosis of a cardiac ailment. This aids in improving patient safety, streamlining workflows, reducing errors by eliminating duplicate entries, thus enabling physicians to make accurate therapeutic decisions.

The growing medical industry, along with the prevalence of various cardiovascular ailments, is one of the key factors driving the growth of the market. With the growing geriatric population and sedentary lifestyle habits, there is a significant rise in the number of patients suffering from cardiac failures, ischemic heart disease (IHD) and arrhythmia across the globe. Furthermore, the emerging trend of digitization and advancements in the healthcare information technology (IT) sector, are also providing a boost to the market growth. Healthcare institutions are using the system for accessing medical data and images remotely, which consequently enhances the efficiency and interoperability of diagnostic centers. Additionally, the steadily increasing adoption rate of zero-footprint systems is acting as another growth-inducing factor. The CVIS eliminates the need for additional hard drives to store the software as it can transfer data through the web and provides the flexibility of delivery, along with the efficient review of compressed data sets. Other factors, including the rising demand for data-driven technologies, technological advancements and extensive research and development (R&D) activities, are projected to drive the market further.

Key Market Segmentation

The report provides an analysis of the key trends in each sub-segment of the global cardiovascular information system market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, component, mode of operation, end-user and application.

Breakup by Type:

  • CVIS (Cardiovascular Information System)
  • C-PACS (Cardiology Picture Archiving and Communication System)

Breakup by Component:

  • Software
  • Hardware
  • Services

Breakup by Mode of Operation:

  • Web-based
  • Onsite
  • Cloud-based

Breakup by End-User:

  • Hospitals and Clinics
  • Cardiac Cath Labs
  • Diagnostic Centers
  • Others

Breakup by Application:

  • Catheterization
  • Echocardiography
  • Electrocardiogram
  • Electrophysiology
  • Nuclear Cardiology
  • Others

Breakup by Region:

  • North America
  • United States
  • Canada
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
  • Latin America
  • Brazil
  • Mexico
  • Others
  • Middle East and Africa

Competitive Landscape

The competitive landscape of the industry has also been examined with some of the key players being Agfa Healthcare India Private Limited, Cerner Corporation, Digisonics Inc., Fujifilm Medical Systems, GE Healthcare, LUMEDX Corporation, McKesson Corporation, Merge Healthcare, Inc., Koninklijke Philips N.V. and Siemens Healthineers AG.

Key Questions Answered in This Report

1. What was the size of the global cardiovascular information system market in 2022?
2. What is the expected growth rate of the global cardiovascular information system market during 2023-2028?
3. What are the key factors driving the global cardiovascular information system market?
4. What has been the impact of COVID-19 on the global cardiovascular information system market?
5. What is the breakup of the global cardiovascular information system market based on the type?
6. What is the breakup of the global cardiovascular information system market based on the component?
7. What is the breakup of the global cardiovascular information system market based on the mode of operation?
8. What is the breakup of the global cardiovascular information system market based on the end-user?
9. What is the breakup of the global cardiovascular information system market based on the application?
10. What are the key regions in the global cardiovascular information system market?
11. Who are the key players/companies in the global cardiovascular information system market?
Frequently Asked Questions about the Global Cardiovascular Information System Market

What is the estimated value of the Global Cardiovascular Information System Market?

The Global Cardiovascular Information System Market was estimated to be valued at $1033.3 Million in 2022.

What is the growth rate of the Global Cardiovascular Information System Market?

The growth rate of the Global Cardiovascular Information System Market is 8.8%, with an estimated value of $1715.9 Million by 2028.

What is the forecasted size of the Global Cardiovascular Information System Market?

The Global Cardiovascular Information System Market is estimated to be worth $1715.9 Million by 2028.

Who are the key companies in the Global Cardiovascular Information System Market?

Key companies in the Global Cardiovascular Information System Market include Agfa Healthcare India Private Limited, Cerner Corporation, Digisonics Inc., Fujifilm Medical Systems, GE Healthcare, LUMEDX Corporation, McKesson Corporation, Merge Healthcare Inc., Koninklijke Philips N.V. and Siemens Healthineers AG.

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Cardiovascular Information System Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 CVIS (Cardiovascular Information System)
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 C-PACS (Cardiology Picture Archiving and Communication System)
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Component
7.1 Software
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Hardware
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Services
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by Mode of Operation
8.1 Web-based
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Onsite
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Cloud-based
8.3.1 Market Trends
8.3.2 Market Forecast
9 Market Breakup by End-User
9.1 Hospitals and Clinics
9.1.1 Market Trends
9.1.3 Market Forecast
9.2 Cardiac Cath Labs
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Diagnostic Centers
9.3.1 Market Trends
9.3.3 Market Forecast
9.4 Others
9.4.1 Market Trends
9.4.2 Market Forecast
10 Market Breakup by Application
10.1 Catheterization
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Echocardiography
10.2.1 Market Trends
10.2.2 Market Forecast
10.3 Electrocardiogram
10.3.1 Market Trends
10.3.2 Market Forecast
10.4 Electrophysiology
10.4.1 Market Trends
10.4.2 Market Forecast
10.5 Nuclear Cardiology
10.5.1 Market Trends
10.5.2 Market Forecast
10.6 Others
10.6.1 Market Trends
10.6.2 Market Forecast
11 Market Breakup by Region
11.1 North America
11.1.1 United States
11.1.1.1 Market Trends
11.1.1.2 Market Forecast
11.1.2 Canada
11.1.2.1 Market Trends
11.1.2.2 Market Forecast
11.2 Asia Pacific
11.2.1 China
11.2.1.1 Market Trends
11.2.1.2 Market Forecast
11.2.2 Japan
11.2.2.1 Market Trends
11.2.2.2 Market Forecast
11.2.3 India
11.2.3.1 Market Trends
11.2.3.2 Market Forecast
11.2.4 South Korea
11.2.4.1 Market Trends
11.2.4.2 Market Forecast
11.2.5 Australia
11.2.5.1 Market Trends
11.2.5.2 Market Forecast
11.2.6 Indonesia
11.2.6.1 Market Trends
11.2.6.2 Market Forecast
11.2.7 Others
11.2.7.1 Market Trends
11.2.7.2 Market Forecast
11.3 Europe
11.3.1 Germany
11.3.1.1 Market Trends
11.3.1.2 Market Forecast
11.3.2 France
11.3.2.1 Market Trends
11.3.2.2 Market Forecast
11.3.3 United Kingdom
11.3.3.1 Market Trends
11.3.3.2 Market Forecast
11.3.4 Italy
11.3.4.1 Market Trends
11.3.4.2 Market Forecast
11.3.5 Spain
11.3.5.1 Market Trends
11.3.5.2 Market Forecast
11.3.6 Russia
11.3.6.1 Market Trends
11.3.6.2 Market Forecast
11.3.7 Others
11.3.7.1 Market Trends
11.3.7.2 Market Forecast
11.4 Latin America
11.4.1 Brazil
11.4.1.1 Market Trends
11.4.1.2 Market Forecast
11.4.2 Mexico
11.4.2.1 Market Trends
11.4.2.2 Market Forecast
11.4.3 Others
11.4.3.1 Market Trends
11.4.3.2 Market Forecast
11.5 Middle East and Africa
11.5.1 Market Trends
11.5.2 Market Breakup by Country
11.5.3 Market Forecast
12 SWOT Analysis
12.1 Overview
12.2 Strengths
12.3 Weaknesses
12.4 Opportunities
12.5 Threats
13 Value Chain Analysis
14 Porters Five Forces Analysis
14.1 Overview
14.2 Bargaining Power of Buyers
14.3 Bargaining Power of Suppliers
14.4 Degree of Competition
14.5 Threat of New Entrants
14.6 Threat of Substitutes
15 Price Indicators
16 Competitive Landscape
16.1 Market Structure
16.2 Key Players
16.3 Profiles of Key Players
16.3.1 Agfa Healthcare India Private Limited
16.3.1.1 Company Overview
16.3.1.2 Product Portfolio
16.3.1.3 Financials
16.3.2 Cerner Corporation
16.3.2.1 Company Overview
16.3.2.2 Product Portfolio
16.3.2.3 Financials
16.3.2.4 SWOT Analysis
16.3.3 Digisonics Inc.
16.3.3.1 Company Overview
16.3.3.2 Product Portfolio
16.3.4 Fujifilm Medical Systems
16.3.4.1 Company Overview
16.3.4.2 Product Portfolio
16.3.5 GE Healthcare
16.3.5.1 Company Overview
16.3.5.2 Product Portfolio
16.3.6 LUMEDX Corporation
16.3.6.1 Company Overview
16.3.6.2 Product Portfolio
16.3.7 McKesson Corporation
16.3.7.1 Company Overview
16.3.7.2 Product Portfolio
16.3.7.3 Financials
16.3.7.4 SWOT Analysis
16.3.8 Merge Healthcare, Inc.
16.3.8.1 Company Overview
16.3.8.2 Product Portfolio
16.3.9 Koninklijke Philips N.V.
16.3.9.1 Company Overview
16.3.9.2 Product Portfolio
16.3.10 Siemens Healthineers AG
16.3.10.1 Company Overview
16.3.10.2 Product Portfolio
16.3.10.3 Financials
List of Figures
Figure 1: Global: Cardiovascular Information System Market: Major Drivers and Challenges
Figure 2: Global: Cardiovascular Information System Market: Sales Value (in Million US$), 2017-2022
Figure 3: Global: Cardiovascular Information System Market: Breakup by Type (in %), 2022
Figure 4: Global: Cardiovascular Information System Market: Breakup by Component (in %), 2022
Figure 5: Global: Cardiovascular Information System Market: Breakup by Mode of Operation (in %), 2022
Figure 6: Global: Cardiovascular Information System Market: Breakup by End-User (in %), 2022
Figure 7: Global: Cardiovascular Information System Market: Breakup by Application (in %), 2022
Figure 8: Global: Cardiovascular Information System Market: Breakup by Region (in %), 2022
Figure 9: Global: Cardiovascular Information System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 10: Global: Cardiovascular Information System (CVIS) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: Cardiovascular Information System (CVIS) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: Cardiovascular Information System (C-PACS) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Cardiovascular Information System (C-PACS) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Cardiovascular Information System (Software) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Cardiovascular Information System (Software) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Cardiovascular Information System (Hardware) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Cardiovascular Information System (Hardware) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Cardiovascular Information System (Services) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Cardiovascular Information System (Services) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Cardiovascular Information System (Web-based) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Cardiovascular Information System (Web-based) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: Cardiovascular Information System (Onsite) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: Cardiovascular Information System (Onsite) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: Cardiovascular Information System (Cloud-based) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: Cardiovascular Information System (Cloud-based) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Global: Cardiovascular Information System (Hospitals and Clinics) Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: Global: Cardiovascular Information System (Hospitals and Clinics) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: Global: Cardiovascular Information System (Cardiac Cath Labs) Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: Global: Cardiovascular Information System (Cardiac Cath Labs) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: Global: Cardiovascular Information System (Diagnostic Centers) Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: Global: Cardiovascular Information System (Diagnostic Centers) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: Global: Cardiovascular Information System (Others) Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: Global: Cardiovascular Information System (Others) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: Global: Cardiovascular Information System (Catheterization) Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: Global: Cardiovascular Information System (Catheterization) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: Global: Cardiovascular Information System (Echocardiography) Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: Global: Cardiovascular Information System (Echocardiography) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: Global: Cardiovascular Information System (Electrocardiogram) Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: Global: Cardiovascular Information System (Electrocardiogram) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: Global: Cardiovascular Information System (Electrophysiology) Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: Global: Cardiovascular Information System (Electrophysiology) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: Global: Cardiovascular Information System (Nuclear Cardiology) Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: Global: Cardiovascular Information System (Nuclear Cardiology) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: Global: Cardiovascular Information System (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: Global: Cardiovascular Information System (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: North America: Cardiovascular Information System Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: North America: Cardiovascular Information System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 48: United States: Cardiovascular Information System Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: United States: Cardiovascular Information System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: Canada: Cardiovascular Information System Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: Canada: Cardiovascular Information System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: Asia Pacific: Cardiovascular Information System Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: Asia Pacific: Cardiovascular Information System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: China: Cardiovascular Information System Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: China: Cardiovascular Information System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 56: Japan: Cardiovascular Information System Market: Sales Value (in Million US$), 2017 & 2022
Figure 57: Japan: Cardiovascular Information System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 58: India: Cardiovascular Information System Market: Sales Value (in Million US$), 2017 & 2022
Figure 59: India: Cardiovascular Information System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 60: South Korea: Cardiovascular Information System Market: Sales Value (in Million US$), 2017 & 2022
Figure 61: South Korea: Cardiovascular Information System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 62: Australia: Cardiovascular Information System Market: Sales Value (in Million US$), 2017 & 2022
Figure 63: Australia: Cardiovascular Information System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 64: Indonesia: Cardiovascular Information System Market: Sales Value (in Million US$), 2017 & 2022
Figure 65: Indonesia: Cardiovascular Information System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 66: Others: Cardiovascular Information System Market: Sales Value (in Million US$), 2017 & 2022
Figure 67: Others: Cardiovascular Information System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 68: Europe: Cardiovascular Information System Market: Sales Value (in Million US$), 2017 & 2022
Figure 69: Europe: Cardiovascular Information System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 70: Germany: Cardiovascular Information System Market: Sales Value (in Million US$), 2017 & 2022
Figure 71: Germany: Cardiovascular Information System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 72: France: Cardiovascular Information System Market: Sales Value (in Million US$), 2017 & 2022
Figure 73: France: Cardiovascular Information System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 74: United Kingdom: Cardiovascular Information System Market: Sales Value (in Million US$), 2017 & 2022
Figure 75: United Kingdom: Cardiovascular Information System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 76: Italy: Cardiovascular Information System Market: Sales Value (in Million US$), 2017 & 2022
Figure 77: Italy: Cardiovascular Information System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 78: Spain: Cardiovascular Information System Market: Sales Value (in Million US$), 2017 & 2022
Figure 79: Spain: Cardiovascular Information System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 80: Russia: Cardiovascular Information System Market: Sales Value (in Million US$), 2017 & 2022
Figure 81: Russia: Cardiovascular Information System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 82: Others: Cardiovascular Information System Market: Sales Value (in Million US$), 2017 & 2022
Figure 83: Others: Cardiovascular Information System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 84: Latin America: Cardiovascular Information System Market: Sales Value (in Million US$), 2017 & 2022
Figure 85: Latin America: Cardiovascular Information System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 86: Brazil: Cardiovascular Information System Market: Sales Value (in Million US$), 2017 & 2022
Figure 87: Brazil: Cardiovascular Information System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 88: Mexico: Cardiovascular Information System Market: Sales Value (in Million US$), 2017 & 2022
Figure 89: Mexico: Cardiovascular Information System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 90: Others: Cardiovascular Information System Market: Sales Value (in Million US$), 2017 & 2022
Figure 91: Others: Cardiovascular Information System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 92: Middle East and Africa: Cardiovascular Information System Market: Sales Value (in Million US$), 2017 & 2022
Figure 93: Middle East and Africa: Cardiovascular Information System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 94: Global: Cardiovascular Information System Industry: SWOT Analysis
Figure 95: Global: Cardiovascular Information System Industry: Value Chain Analysis
Figure 96: Global: Cardiovascular Information System Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: Global: Cardiovascular Information System Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Cardiovascular Information System Market Forecast: Breakup by Type (in Million US$), 2023-2028
Table 3: Global: Cardiovascular Information System Market Forecast: Breakup by Component (in Million US$), 2023-2028
Table 4: Global: Cardiovascular Information System Market Forecast: Breakup by Mode of Operation (in Million US$), 2023-2028
Table 5: Global: Cardiovascular Information System Market Forecast: Breakup by End-User (in Million US$), 2023-2028
Table 6: Global: Cardiovascular Information System Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 7: Global: Cardiovascular Information System Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 8: Global: Cardiovascular Information System Market: Competitive Structure
Table 9: Global: Cardiovascular Information System Market: Key Players

Companies Mentioned

  • Agfa Healthcare India Private Limited
  • Cerner Corporation
  • Digisonics Inc.
  • Fujifilm Medical Systems
  • GE Healthcare
  • LUMEDX Corporation
  • McKesson Corporation
  • Merge Healthcare Inc.
  • Koninklijke Philips N.V.
  • Siemens Healthineers AG

Methodology

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