Cardiovascular Information System (CVIS) Market Analysis by System types (CVIS and CPACS), Mode of Operation (Web-based, On-site and cloud-based) and Segment Forecasts To 2024
The global cardiovascular information system (CVIS) market is expected to reach USD 1.2 billion by 2024, according to a new report by Grand View Research Inc. The global cardiovascular devices industry is growing swiftly owing to the increasing prevalence of heart diseases and other cardiovascular problems.
In accordance with the growing patient population there is an exponential surge in the patient history documents and patient data records. The resultant,rising burden of patient data is pushing forward the demand for effective management tools; thus, offering increased accessibility of patient information to surgeons and the healthcare staff and hence enhancing the operational efficiency of the practices. In addition, factors, such as technological advancements and the gradually growing awareness regarding the availability of these improved systems are expected to fuel the growth of the cardiovascular devices market.
However, factors,such as high system costs and the lack of skilled operators are impeding the overall growth. In addition, the presence of alternative data management tools is challenging the adoption of the information systems specific to cardiovascular data management. Some of the key players in the market are implementing strategies to expand market share. For instance, companies, such as Philips Healthcare and GE Healthcare offer CVIS systems along with their cardiac imaging products.
Further key findings from the study suggest:
The CVIS segment captured the largest market share of the global market in 2015. Integration of these systems with imaging devices is responsible for the highest adoption rate of this segment.
Owing to the high cost of these systems, the CVIS segment is expected to maintain its dominance during the forecast period
The cloud-based segment is anticipated to exhibit the fastest growth rate during the forecast period. The associated advantages, such as the affordable cost, remote accessibility of data, and the user friendly interface, are expected to fuel the adoption of the cloud-based mode of operation.
North America capturedthe largest market share of around 36% in 2015. The dominance of the segment is expected to continue with a CAGR of 5.8% from 2016 to 2024.
The factors contributing to the growth of the North America market include the increasing prevalence of heart diseases and the technological advancements in the region. Moreover, factors, such as the availability of highly advanced healthcare facilities and the higher adoption rate of the data management tools are augmenting the market growth in North America.
Asia Pacific is anticipated to grow at the fastest rate during the forecast period. Countries, such as India and China are expected to be the fastest growing markets in the region owing to the large pool of cardiovascular patients and the rising healthcare expenditure.
The booming medical tourism in Asia Pacific due to the availability of advanced healthcare facilities and services at a lower cost in comparison to the other developed countries serves as the pivotal factor in attracting cardiac patients worldwide to this region.
Some major players in this market include Philips Healthcare, GE Healthcare, McKesson Corporation, Siemens Healthcare GmbH, Merge Healthcare, Inc., Agfa Healthcare N.V., Cerner Corporation, Fujifilm Medical Systems, Inc., Lumedx Corporation, and Digisonics, Inc.
In accordance with the growing patient population there is an exponential surge in the patient history documents and patient data records. The resultant,rising burden of patient data is pushing forward the demand for effective management tools; thus, offering increased accessibility of patient information to surgeons and the healthcare staff and hence enhancing the operational efficiency of the practices. In addition, factors, such as technological advancements and the gradually growing awareness regarding the availability of these improved systems are expected to fuel the growth of the cardiovascular devices market.
However, factors,such as high system costs and the lack of skilled operators are impeding the overall growth. In addition, the presence of alternative data management tools is challenging the adoption of the information systems specific to cardiovascular data management. Some of the key players in the market are implementing strategies to expand market share. For instance, companies, such as Philips Healthcare and GE Healthcare offer CVIS systems along with their cardiac imaging products.
Further key findings from the study suggest:
The CVIS segment captured the largest market share of the global market in 2015. Integration of these systems with imaging devices is responsible for the highest adoption rate of this segment.
Owing to the high cost of these systems, the CVIS segment is expected to maintain its dominance during the forecast period
The cloud-based segment is anticipated to exhibit the fastest growth rate during the forecast period. The associated advantages, such as the affordable cost, remote accessibility of data, and the user friendly interface, are expected to fuel the adoption of the cloud-based mode of operation.
North America capturedthe largest market share of around 36% in 2015. The dominance of the segment is expected to continue with a CAGR of 5.8% from 2016 to 2024.
The factors contributing to the growth of the North America market include the increasing prevalence of heart diseases and the technological advancements in the region. Moreover, factors, such as the availability of highly advanced healthcare facilities and the higher adoption rate of the data management tools are augmenting the market growth in North America.
Asia Pacific is anticipated to grow at the fastest rate during the forecast period. Countries, such as India and China are expected to be the fastest growing markets in the region owing to the large pool of cardiovascular patients and the rising healthcare expenditure.
The booming medical tourism in Asia Pacific due to the availability of advanced healthcare facilities and services at a lower cost in comparison to the other developed countries serves as the pivotal factor in attracting cardiac patients worldwide to this region.
Some major players in this market include Philips Healthcare, GE Healthcare, McKesson Corporation, Siemens Healthcare GmbH, Merge Healthcare, Inc., Agfa Healthcare N.V., Cerner Corporation, Fujifilm Medical Systems, Inc., Lumedx Corporation, and Digisonics, Inc.
CHAPTER 1 METHODOLOGY AND SCOPE
1.1 Research Methodology
1.1.1 Country wide market: Base estimates
1.1.2 Global market: CAGR calculation
1.2 Research Scope & Assumptions
1.3 List of Data Sources
CHAPTER 2 EXECUTIVE SUMMARY
CHAPTER 3 CARDIOVASCULAR INFORMATION SYSTEM INDUSTRY OUTLOOK
3.1 Market segmentation
3.2 Market size and growth prospects
3.3 Cardiovascular Information System :market dynamics
3.4 Market driver analysis
3.5 Market restraint analysis
3.6 Key opportunities prioritized
3.7 Cardiovascular Information System industry analysis - Porter’s Five Forces Model
3.8 Cardiovascular Information System market - PESTEL analysis
3.9 Cardiovascular Information System : company market share analysis, 2014
3.10 Value Chain Analysis
CHAPTER 4 CARDIOVASCULAR INFORMATION SYSTEMS OUTLOOK
4.1 Cardiovascular Information System market revenue share by Systems, 2014 & 2024, % share
4.1.1 CVIS market estimates and forecasts (USD Million), 2014 - 2024
4.1.2 CPACS market estimates and forecasts, by product (USD Million), 2014 - 2024
CHAPTER 5 CARDIOVASCULAR INFORMATION SYSTEM MODE OF OPERATION OUTLOOK
5.1 Cardiovascular Information System market revenue share by mode of operation , 2014 & 2024, % share
5.1.1 Web-based CVIS market estimates and forecasts (USD Million), 2014 - 2024
5.1.2 On-site CVIS market estimates and forecasts (USD Million), 2014 - 2024
5.1.3 Cloud-Based CVIS market estimates and forecasts (USD Million), 2014 - 2024
CHAPTER 6 CARDIOVASCULAR INFORMATION SYSTEM MARKET REGIONAL OUTLOOK
6.1 Cardiovascular Information System Market Share, by Region, 2014 & 2024.
6.2 North America
6.2.1 U.S.
6.2.2 Canada
6.3 Europe
6.3.1 UK
6.3.2 Germany
6.4 Asia Pacific
6.4.1 China
6.4.2 India
6.5 Latin America
6.5.1 Brazil
6.5.2 Mexico
6.6 Middle East and Africa (MEA)
6.6.1 South Africa
CHAPTER 7 COMPETITIVE LANDSCAPE
7.1 Philips Healthcare.
7.1.1 Company Overview
7.1.2 Financial Performance
7.1.3 Product Benchmarking
7.1.4 Strategic Initiatives
7.2 GE Healthcare.
7.2.1 Company Overview
7.2.2 Financial Performance
7.2.3 Product Benchmarking
7.2.4 Strategic Initiatives
7.3 McKesson Corporation.
7.3.1 Company Overview
7.3.2 Financial Performance
7.3.3 Product Benchmarking
7.3.4 Strategic Initiatives
7.4 Siemens Healthcare GmbH
7.4.1 Company Overview
7.4.2 Financial Performance
7.4.3 Product Benchmarking
7.4.4 Strategic Initiatives
7.5 Merge Healthcare, Inc.
7.5.1 Company Overview
7.5.2 Financial Performance
7.5.3 Product Benchmarking
7.5.4 Strategic Initiatives
7.6 Agfa Healthcare N.V.
7.6.1 Company Overview
7.6.2 Financial Performance
7.6.3 Product Benchmarking
7.6.4 Strategic Initiatives
7.7 Cerner Corporation.
7.7.1 Company Overview
7.7.2 Financial Performance
7.7.3 Product Benchmarking
7.7.4 Strategic Initiatives
7.8 Fujifilm Medical Systems, Inc.
7.8.1 Company Overview
7.8.2 Financial Performance
7.8.3 Product Benchmarking
7.8.4 Strategic Initiatives
7.9 Lumedx Corporation
7.9.1 Company Overview
7.9.2 Financial Performance
7.9.3 Product Benchmarking
7.9.4 Strategic Initiatives
7.10 Digisonics, Inc.
7.10.1 Company Overview
7.10.2 Financial Performance
7.10.3 Product Benchmarking
7.10.4 Strategic Initiatives
1.1 Research Methodology
1.1.1 Country wide market: Base estimates
1.1.2 Global market: CAGR calculation
1.2 Research Scope & Assumptions
1.3 List of Data Sources
CHAPTER 2 EXECUTIVE SUMMARY
CHAPTER 3 CARDIOVASCULAR INFORMATION SYSTEM INDUSTRY OUTLOOK
3.1 Market segmentation
3.2 Market size and growth prospects
3.3 Cardiovascular Information System :market dynamics
3.4 Market driver analysis
3.5 Market restraint analysis
3.6 Key opportunities prioritized
3.7 Cardiovascular Information System industry analysis - Porter’s Five Forces Model
3.8 Cardiovascular Information System market - PESTEL analysis
3.9 Cardiovascular Information System : company market share analysis, 2014
3.10 Value Chain Analysis
CHAPTER 4 CARDIOVASCULAR INFORMATION SYSTEMS OUTLOOK
4.1 Cardiovascular Information System market revenue share by Systems, 2014 & 2024, % share
4.1.1 CVIS market estimates and forecasts (USD Million), 2014 - 2024
4.1.2 CPACS market estimates and forecasts, by product (USD Million), 2014 - 2024
CHAPTER 5 CARDIOVASCULAR INFORMATION SYSTEM MODE OF OPERATION OUTLOOK
5.1 Cardiovascular Information System market revenue share by mode of operation , 2014 & 2024, % share
5.1.1 Web-based CVIS market estimates and forecasts (USD Million), 2014 - 2024
5.1.2 On-site CVIS market estimates and forecasts (USD Million), 2014 - 2024
5.1.3 Cloud-Based CVIS market estimates and forecasts (USD Million), 2014 - 2024
CHAPTER 6 CARDIOVASCULAR INFORMATION SYSTEM MARKET REGIONAL OUTLOOK
6.1 Cardiovascular Information System Market Share, by Region, 2014 & 2024.
6.2 North America
6.2.1 U.S.
6.2.2 Canada
6.3 Europe
6.3.1 UK
6.3.2 Germany
6.4 Asia Pacific
6.4.1 China
6.4.2 India
6.5 Latin America
6.5.1 Brazil
6.5.2 Mexico
6.6 Middle East and Africa (MEA)
6.6.1 South Africa
CHAPTER 7 COMPETITIVE LANDSCAPE
7.1 Philips Healthcare.
7.1.1 Company Overview
7.1.2 Financial Performance
7.1.3 Product Benchmarking
7.1.4 Strategic Initiatives
7.2 GE Healthcare.
7.2.1 Company Overview
7.2.2 Financial Performance
7.2.3 Product Benchmarking
7.2.4 Strategic Initiatives
7.3 McKesson Corporation.
7.3.1 Company Overview
7.3.2 Financial Performance
7.3.3 Product Benchmarking
7.3.4 Strategic Initiatives
7.4 Siemens Healthcare GmbH
7.4.1 Company Overview
7.4.2 Financial Performance
7.4.3 Product Benchmarking
7.4.4 Strategic Initiatives
7.5 Merge Healthcare, Inc.
7.5.1 Company Overview
7.5.2 Financial Performance
7.5.3 Product Benchmarking
7.5.4 Strategic Initiatives
7.6 Agfa Healthcare N.V.
7.6.1 Company Overview
7.6.2 Financial Performance
7.6.3 Product Benchmarking
7.6.4 Strategic Initiatives
7.7 Cerner Corporation.
7.7.1 Company Overview
7.7.2 Financial Performance
7.7.3 Product Benchmarking
7.7.4 Strategic Initiatives
7.8 Fujifilm Medical Systems, Inc.
7.8.1 Company Overview
7.8.2 Financial Performance
7.8.3 Product Benchmarking
7.8.4 Strategic Initiatives
7.9 Lumedx Corporation
7.9.1 Company Overview
7.9.2 Financial Performance
7.9.3 Product Benchmarking
7.9.4 Strategic Initiatives
7.10 Digisonics, Inc.
7.10.1 Company Overview
7.10.2 Financial Performance
7.10.3 Product Benchmarking
7.10.4 Strategic Initiatives
LIST OF TABLES
Table 1 Cardiovascular Information system Market - Industry Snapshot & Key Buying Criteria, 2014 - 2024
Table 2 Cardiovascular Information System Market Revenue, by Systems, 2014 - 2024 (USD Million)
Table 3 Cardiovascular Information System Market Revenue, by Mode of Operation, 2014 - 2024 (USD Million)
Table 4 Cardiovascular Information System Market Revenue, by Application, 2014 - 2024 (USD Million)
Table 5 Cardiovascular Information System Market Revenue, by Region, 2014 - 2024 (USD Million)
Table 6 Cardiovascular Information System - Key market driver analysis
Table 7 Cardiovascular Information system - Key market restraints analysis
Table 8 North America Cardiovascular Information System Market Revenue, by Systems, 2014 - 2024 (USD Million)
Table 9 North America Cardiovascular Information System Market Revenue, by Mode of Operation, 2014 - 2024 (USD Million)
Table 10 U.S. Cardiovascular Information System Market Revenue, by Systems, 2014 - 2024 (USD Million)
Table 11 U.S. Cardiovascular Information System Devices Market Revenue, by Mode of Operation, 2014 - 2024 (USD Million)
Table 12 Canada Cardiovascular Information System Market Revenue, by Systems, 2014 - 2024 (USD Million)
Table 13 Canada Cardiovascular Information System Market Revenue, by Mode of Operation, 2014 - 2024 (USD Million)
Table 14 Europe Cardiovascular Information System Market Revenue, by Systems, 2014 - 2024 (USD Million)
Table 15 Europe Cardiovascular Information System Market Revenue, by Mode of Operation, 2014 - 2024 (USD Million)
Table 16 UK Cardiovascular Information System Market Revenue, by Systems, 2014 - 2024 (USD Billion)
Table 17 UK Cardiovascular Information System Market Revenue, by Mode of Operation, 2014 - 2024 (USD Million)
Table 18 Germany Cardiovascular Information System Market Revenue, by Systems, 2014 - 2024 (USD Million)
Table 19 Germany Cardiovascular Information System Market Revenue, by Mode of Operation, 2014 - 2024 (USD Million)
Table 20 Asia Pacific Cardiovascular Information System Market Revenue, by Systems, 2014 - 2024 (USD Million)
Table 21 Asia Pacific Cardiovascular Information System market Revenue, by Mode of Operation, 2014 - 2024 (USD Million)
Table 22 China Cardiovascular Information System Market Revenue, by Systems, 2014 - 2024 (USD Million)
Table 23 China Cardiovascular Information System Market Revenue, by Mode of Operation, 2014 - 2024 (USD Million)
Table 24 India Cardiovascular Information System Market Revenue, by Systems, 2014 - 2024 (USD Million)
Table 25 India Cardiovascular Information System Market Revenue, by Mode of Operation, 2014 - 2024 (USD Million)
Table 26 Latin America Cardiovascular Information System Market Revenue, by Systems, 2014 - 2024 (USD Million)
Table 27 Latin America Cardiovascular Information System Market Revenue, by Mode of Operation, 2014 - 2024 (USD Million)
Table 28 Brazil Cardiovascular Information System Market Revenue, by Systems, 2014 - 2024 (USD Million)
Table 29 Brazil Cardiovascular Information System Market Revenue, by Mode of Operation, 2014 - 2024 (USD Million)
Table 30 Mexico Cardiovascular Information System Market Revenue, by Systems, 2014 - 2024 (USD Million)
Table 31 Mexico Cardiovascular Information System Market Revenue, by Mode of Operation, 2014 - 2024 (USD Million)
Table 32 MEA Cardiovascular Information System Market Revenue, by Systems, 2014 - 2024 (USD Million)
Table 33 MEA Cardiovascular Information System Market Revenue, by Mode of Operation, 2014 - 2024 (USD Million)
Table 34 South Africa Cardiovascular Information System Market Revenue, by Systems, 2014 - 2024 (USD Million)
Table 35 South Africa Cardiovascular Information System Market Revenue, Mode of Operation, 2014 - 2024 (USD Million)
Table 1 Cardiovascular Information system Market - Industry Snapshot & Key Buying Criteria, 2014 - 2024
Table 2 Cardiovascular Information System Market Revenue, by Systems, 2014 - 2024 (USD Million)
Table 3 Cardiovascular Information System Market Revenue, by Mode of Operation, 2014 - 2024 (USD Million)
Table 4 Cardiovascular Information System Market Revenue, by Application, 2014 - 2024 (USD Million)
Table 5 Cardiovascular Information System Market Revenue, by Region, 2014 - 2024 (USD Million)
Table 6 Cardiovascular Information System - Key market driver analysis
Table 7 Cardiovascular Information system - Key market restraints analysis
Table 8 North America Cardiovascular Information System Market Revenue, by Systems, 2014 - 2024 (USD Million)
Table 9 North America Cardiovascular Information System Market Revenue, by Mode of Operation, 2014 - 2024 (USD Million)
Table 10 U.S. Cardiovascular Information System Market Revenue, by Systems, 2014 - 2024 (USD Million)
Table 11 U.S. Cardiovascular Information System Devices Market Revenue, by Mode of Operation, 2014 - 2024 (USD Million)
Table 12 Canada Cardiovascular Information System Market Revenue, by Systems, 2014 - 2024 (USD Million)
Table 13 Canada Cardiovascular Information System Market Revenue, by Mode of Operation, 2014 - 2024 (USD Million)
Table 14 Europe Cardiovascular Information System Market Revenue, by Systems, 2014 - 2024 (USD Million)
Table 15 Europe Cardiovascular Information System Market Revenue, by Mode of Operation, 2014 - 2024 (USD Million)
Table 16 UK Cardiovascular Information System Market Revenue, by Systems, 2014 - 2024 (USD Billion)
Table 17 UK Cardiovascular Information System Market Revenue, by Mode of Operation, 2014 - 2024 (USD Million)
Table 18 Germany Cardiovascular Information System Market Revenue, by Systems, 2014 - 2024 (USD Million)
Table 19 Germany Cardiovascular Information System Market Revenue, by Mode of Operation, 2014 - 2024 (USD Million)
Table 20 Asia Pacific Cardiovascular Information System Market Revenue, by Systems, 2014 - 2024 (USD Million)
Table 21 Asia Pacific Cardiovascular Information System market Revenue, by Mode of Operation, 2014 - 2024 (USD Million)
Table 22 China Cardiovascular Information System Market Revenue, by Systems, 2014 - 2024 (USD Million)
Table 23 China Cardiovascular Information System Market Revenue, by Mode of Operation, 2014 - 2024 (USD Million)
Table 24 India Cardiovascular Information System Market Revenue, by Systems, 2014 - 2024 (USD Million)
Table 25 India Cardiovascular Information System Market Revenue, by Mode of Operation, 2014 - 2024 (USD Million)
Table 26 Latin America Cardiovascular Information System Market Revenue, by Systems, 2014 - 2024 (USD Million)
Table 27 Latin America Cardiovascular Information System Market Revenue, by Mode of Operation, 2014 - 2024 (USD Million)
Table 28 Brazil Cardiovascular Information System Market Revenue, by Systems, 2014 - 2024 (USD Million)
Table 29 Brazil Cardiovascular Information System Market Revenue, by Mode of Operation, 2014 - 2024 (USD Million)
Table 30 Mexico Cardiovascular Information System Market Revenue, by Systems, 2014 - 2024 (USD Million)
Table 31 Mexico Cardiovascular Information System Market Revenue, by Mode of Operation, 2014 - 2024 (USD Million)
Table 32 MEA Cardiovascular Information System Market Revenue, by Systems, 2014 - 2024 (USD Million)
Table 33 MEA Cardiovascular Information System Market Revenue, by Mode of Operation, 2014 - 2024 (USD Million)
Table 34 South Africa Cardiovascular Information System Market Revenue, by Systems, 2014 - 2024 (USD Million)
Table 35 South Africa Cardiovascular Information System Market Revenue, Mode of Operation, 2014 - 2024 (USD Million)
