PUBLISHER: The Business Research Company | PRODUCT CODE: 1703069
PUBLISHER: The Business Research Company | PRODUCT CODE: 1703069
Cardiovascular Information Systems (CVIS) are specialized software solutions employed in hospitals to effectively manage and organize patient data concerning heart health. They streamline the management, storage, and analysis of clinical data associated with the diagnosis, treatment, and monitoring of cardiovascular diseases.
The primary components of Cardiovascular Information Systems include hardware, software, and services. Hardware encompasses the physical elements of CVIS, such as servers, workstations, storage devices, and networking equipment. These systems operate through various modes, including web-based, cloud-based, and on-site setups. They find application in various medical procedures such as catheterization, echocardiography, electrocardiograms, electrophysiology, among others. Additionally, they are utilized by a range of end-users, including hospitals, clinics, cardiac catheter labs, ambulatory surgical centers, and diagnostic centers.
The cardiovascular information systems market research report is one of a series of new reports from The Business Research Company that provides cardiovascular information systems market statistics, including cardiovascular information systems industry global market size, regional shares, competitors with a cardiovascular information systems market share, detailed cardiovascular information systems market segments, market trends, and opportunities, and any further data you may need to thrive in the cardiovascular information systems industry. This cardiovascular information systems market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The cardiovascular information system market size has grown strongly in recent years. It will grow from $1.16 billion in 2024 to $1.27 billion in 2025 at a compound annual growth rate (CAGR) of 9.8%. The growth in the historic period can be attributed to electronic health records (EHR) integration, need for workflow optimization, patient engagement and empowerment, cardiovascular disease burden and interoperability and data exchange.
The cardiovascular information system market size is expected to see strong growth in the next few years. It will grow to $1.82 billion in 2029 at a compound annual growth rate (CAGR) of 9.4%. The growth in the forecast period can be attributed to value-based care initiatives, artificial intelligence and machine learning, cybersecurity and data privacy, and remote cardiac rehabilitation programs. Major trends in the forecast period include cloud-based solutions, advanced analytics and reporting, telemedicine integration, artificial intelligence and automation and cybersecurity measures.
The growing number of cardiovascular disease (CVD) patients is expected to drive the expansion of the cardiovascular information system (CVIS) market in the future. CVD refers to a group of conditions that involve narrowed or blocked blood vessels, leading to complications like heart attacks, chest pain (angina), or strokes. This group of heart and blood vessel-related diseases has become a significant global health concern, largely due to risk factors such as high blood pressure, elevated cholesterol levels, smoking, obesity, diabetes, and a sedentary lifestyle. CVIS plays a critical role in managing patient data, improving communication among healthcare professionals, and enabling quicker, more informed decision-making in diagnosis and treatment. For example, in May 2024, the Singapore Heart Foundation (SHF), a Singapore-based non-profit organization, reported that ischemic heart diseases led to 5,302 deaths in 2023, showing a slight increase from 5,290 deaths in 2022. Consequently, the rise in cardiovascular disease patients is fueling the growth of the CVIS market.
Key players in the cardiovascular information system market are concentrating on developing next-generation insertable monitors to enhance patient outcomes and streamline clinical workflows. These advanced cardiac insertable monitors represent a significant leap in cardiac care, offering improved diagnostic capabilities, enhanced patient comfort, and more effective management of cardiovascular conditions. For example, in October 2023, Boston Scientific Corporation introduced the LUX-Dx II+ Insertable Cardiac Monitor (ICM) System, a next-generation insertable monitor designed for long-term monitoring of arrhythmias associated with conditions such as atrial fibrillation (AF), cryptogenic stroke, and syncope. It features dual-stage algorithms for precise arrhythmia detection, remote programming capabilities for adjustments without clinic visits, and a downloadable app for convenient remote monitoring, thereby enhancing clinical decision-making and patient care.
In April 2024, GE HealthCare, a US-based technology company, acquired MIM Software Inc. for an undisclosed sum. The acquisition is intended to enhance GE HealthCare's software capabilities in oncology, neurology, and cardiology by integrating MIM Software's advanced imaging and AI technologies. MIM Software Inc., a US-based provider of software solutions, specializes in cardiovascular information and remote diagnostic tools.
Major companies operating in the cardiovascular information system market are McKesson Corporation, IBM Corporation, Medtronic Plc., Siemens AG, Fujifilm Holding Corporation, Koninklijke Philips N.V., GE HealthCare Technologies Inc., Boston Scientific Corporation, Cerner Corporation, Epic Systems Corporation, Carestream Health Inc., Allscripts Healthcare LLC, NextGen Healthcare LLC, Esaote S.p.A., Intelerad Medical Systems Incorporated, Merge Healthcare, Canon Medical Systems Corporation, CareCloud Corp., LivaNova Plc., Lumedx Corporation, Digisonics Inc., Medigy LLC, INFINITT Healthcare Co Ltd., CREALIFE Medical Technology Inc., Epic Systems Corporation
North America was the largest region in the cardiovascular information system market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the cardiovascular information system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the cardiovascular information system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain
The cardiovascular information systems market consists of revenues earned by entities by providing services such as cardiac imaging management, workflow management, reporting and analytics, remote access, and telemedicine. The market value includes the value of related goods sold by the service provider or included within the service offering. The cardiovascular information systems market also includes sales of products including MRI scanners, fetal and maternal monitors, anesthesia machines, digital IVUS catheters, and oxygen concentrators. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Cardiovascular Information System Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on cardiovascular information system market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for cardiovascular information system ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The cardiovascular information system market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.