Cardiovascular Information System Market, by Component (Software, and Services), by Deployment (Cloud-Based and On-Premise), by Application (Cardiac and Peripheral Catheterization, Hemodynamics Monitoring, Electrophysiology, Echocardiography, and Others), By End User (Hospitals, Diagnostic Laboratories, Ambulatory Surgical Centers, and Clinics), and by Geography - Global Forecast to 2026

  • Published On : May 2018 |
  • Pages : 173 Pages |
  • Format : CMI Insight PPT Format CMI Insight PDF Format

Cardiovascular Information System Market – Insights

Cardiovascular information system is a system that allows easy report generation and distribution. The cardiovascular information system (CVIS) provides on-time access to cardiovascular electronic medical records (EMR) in images, reports, and waveforms. The various components of cardiovascular information systems include software, hardware, and services offered. Various applications of cardiovascular information systems include catheterization laboratory CVIS solutions, echocardiography laboratory CVIS solutions, electrocardiography (ECG) data management CVIS solutions, and vascular laboratory CVIS solutions among others. The major advantage of cardiovascular information system is that the patient’s safety and quality of care can be improved by providing access to individual’s cardiovascular medical records to the healthcare experts. Implementation of cardiovascular information system in hospitals would eliminate duplicate entries and reduce errors. From the formulation of operational strategies to the use of multiple functionalities from multiple locations, cardiovascular information system has been immensely useful and efficient.

The global cardiovascular information system market was valued at US$ 668.3 Mn in 2017 and is expected to witness a CAGR of 8.5% over the forecast period (2018–2026).

Global Cardiovascular Information System Market, By Region

cardiovascular information system market

Source: Coherent Market Insights Analysis (2018)

Increasing incidences of cardiovascular diseases and adoption of technologically advanced products are expected to drive growth of the cardiovascular information system market

Rampant rise in incidence rate of cardiovascular diseases worldwide is fueling demand for cardiovascular information system that can aid physicians in managing patient’s cardiovascular medical records. According to the Centers for Disease Control and Prevention (CDC) foundation, 2015, around 800,000 people in the U.S. die due to stroke and other cardiovascular diseases. This has, in turn increased the need for imaging systems and the need for centralized data sharing units. Other major factors contributing towards growth of cardiovascular information system market include increasing need to streamline the workflow and strengthen referral relationships, thereby focusing more on patient care.

Furthermore, access to all cardiac images at once helps the physicians to make better treatment decisions at timely intervals. Various hospital facilities are also focussing on procuring this type of technology to improve cardiac care. For instance, in October, 2014, Chinese Hospital in San Francisco chose LUMEDX’s cloud-based HealthView CVIS to store information and cardiac images from its cardiopulmonary services department, which will help practitioners in delivering cost-efficient top-quality care. However, the high cost and technical complexities often associated with these systems are expected to hamper growth of the global cardiovascular information system market.

Increasing collaboration among market players is also expected to propel growth of the cardiovascular information system market over the forecast period. For instance, in June 2016, McKesson Corporation, a leading global healthcare services and information technology company, and Change Healthcare Holdings, Inc., one of the leading provider of software and analytics, network solutions, and technology-enabled services, announced launch of a new healthcare information technology company. This new organization brings together the complementary strengths of its IT division to deliver a broad portfolio of solutions. Furthermore, in April 2017, Siemens Healthineers partnered with Ebit to offer Ebit’s Suitestensa cardiovascular information system (CVIS) with Siemens' cardiology systems throughout Germany.

Cardiovascular Information System Market Regional Outlook

On the basis of region, the global cardiovascular information system market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. North America is expected to hold a dominant position in this market, owing to the increasing prevalence of cardiovascular diseases and adoption of technologically advanced products. Moreover, factors such as improved healthcare facilities and better reimbursement scenario are also driving growth of cardiovascular information system market in this region. Asia Pacific is expected to witness significant growth in the market due to rising demand of cardiologists to produce a report from the cardiology picture archiving and communication systems (CPACS) while viewing the cardiac images and appropriate integration of reports, images, and measurements into a patient’s complete record. Also, increasing need to create an enterprise information management solution and need to reduce healthcare costs are propelling growth of cardiovascular information system market. The number of new vendors involving in healthcare information system are also expected to increase over the forecast period, as there are many niche market players who are trying to leverage the market share. Emerging economies such as Asia pacific and Latin America has huge potential for market growth, and is projected to be the fastest growing region over the forecast period.

Some of the key players operating in the cardiovascular information system market include McKesson Corporation, Koninklijke Philips N.V., GE Healthcare, Cerner Corporation, Merge Healthcare, Agfa Healthcare, Siemens Healthcare, Agfa Healthcare, Fujifilm Medical Systems, Digisonics, Inc., and Lumedx.

Cardiovascular information system is a web-based solution that provides an end-to-end management platform and allows cardiologists and clinical staff to efficiently access post-procedural phases of patient care, including imaging, reporting, hemodynamics, analytics, and others. McKesson Cardiology streamlines data management into a single Cardiovascular Information System (CVIS), which allows to collect data and help improve the quality of care provided to patients.

Market Dynamics

Continuous advancement of the database modules within the CVIS that covers the entire spectrum of cardiovascular activities, including both invasive and non-invasive is expected to propel growth of the market over the forecast period. Furthermore, increasing imaging and diagnostic tests in various regions are expected to drive growth of cardiovascular information system market. For instance, according to the National Health Service, England, 39.8 million imaging tests were reported in England in March 2015, compared to 37.9 million in the previous year. There is an increase of 4.9%, although the number of trusts submitting data have also increased in this period. The CVIS market is expected to grow during the forecast period, as increase in cardiovascular-related diseases is observed in BRIC countries, which is driving cardiology imaging procedure volumes. For instance, through the government-funded modernization project, over US$ 15 billion was spent in Russia from 2011 to 2013 on improving quality and accessibility of health care. This includes significant investment in diagnostic imaging systems such as MRI and CT systems. Thus, rapid growth in the diagnostic imaging system installed base impacted the adoption of PACS, RIS, and CVIS in this country during the forecast period.

Key features of the study:

  • This report provides in-depth analysis of the cardiovascular information system market, market size (US$ Mn) and cumulative annual growth rate (CAGR (%)) for the forecast period: 2018 – 2026, considering 2016 as the base year
  • It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by the leading players
  • It profiles leading players in the global cardiovascular information system market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments, and strategies
  • Key players covered as a part of this study include McKesson Corporation, Philips Healthcare, GE Healthcare, Cerner Corporation, Merge Healthcare, Agfa Healthcare, Siemens Healthcare, Agfa Healthcare, Fujifilm Medical Systems, Digisonics, Inc., and Lumedx
  • Insights from this report would allow marketers and management authorities of companies to make informed decision with respect to their future product launch, governmental initiatives, technological up-gradation, market expansion, and marketing tactics
  • The global cardiovascular information system market report caters to various stakeholders in this industry, including investors, product manufacturers, distributors and suppliers for cardiovascular information system market, research and consulting firms, new entrants, and financial analysts

Detailed Segmentation:

  • Global Cardiovascular Information System Market, By Component:
    • Software
    • Services
  • Global Cardiovascular Information System Market, By Deployment:
    • Cloud-Based
    • On-Premise
  • Global Cardiovascular Information System Market, By Application:
    • Cardiac and Peripheral Catheterization
    • Hemodynamics Monitoring
    • Electrophysiology
    • Echocardiography
    • Others
  • Global Cardiovascular Information System Market, By End User:
    • Hospitals
    • Diagnostic Laboratories
    • Ambulatory Surgical Centers
    • Clinics
  •  Global Cardiovascular Information System Market, By Region:
    • North America
      • By Country:
        • U.S.
        • Canada
      • By Component:
        • Software
        • Services
      • By Deployment:
        • Cloud-Based
        • On-Premise
      • By Application:
        • Cardiac and peripheral catheterization
        • Hemodynamic monitoring
        • Electrophysiology
        • Echocardiography
        • Others
      • By End User:
        • Hospitals
        • Diagnostic Laboratories
        • Ambulatory Surgical Centres
        • Clinics
    • Europe
      • By Country:
        • U.K.
        • Germany
        • Italy
        • Spain
        • France
        • Russia
        • Rest of Europe
      • By Component:
        • Software
        • Services
      • By Deployment:
        • Cloud-Based
        • On-Premise
      • By Application:
        • Cardiac and peripheral catheterization
        • Hemodynamic monitoring
        • Electrophysiology
        • Echocardiography
        • Others
      • By End User:
        • Hospitals
        • Diagnostic Laboratories
        • Ambulatory Surgical Centres
        • Clinics
    • Asia Pacific
      • By Country:
        • Australia
        • India
        • China
        • Japan
        • ASEAN
        • South Korea
        • Rest of Asia Pacific
      • By Component:
        • Software
        • Services
      • By Deployment:
        • Cloud-Based
        • On-Premise
      • By Application:
        • Cardiac and peripheral catheterization
        • Hemodynamic monitoring
        • Electrophysiology
        • Echocardiography
        • Others
      • By End User:
        • Hospitals
        • Diagnostic Laboratories
        • Ambulatory Surgical Centres
        • Clinics
    • Latin America
      • By Country:
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
      • By Component:
        • Software
        • Services
      • By Deployment:
        • Cloud-Based
        • On-Premise
      • By Application:
        • Cardiac and peripheral catheterization
        • Hemodynamic monitoring
        • Electrophysiology
        • Echocardiography
        • Others
      • By End User:
        • Hospitals
        • Diagnostic Laboratories
        • Ambulatory Surgical Centres
        • Clinics
    • Middle East
      • By Country:
        • GCC
        • Israel
        • Rest of Middle East
      • By Component:
        • Software
        • Services
      • By Deployment:
        • Cloud-Based
        • On-Premise
      • By Application:
        • Cardiac and peripheral catheterization
        • Hemodynamic monitoring
        • Electrophysiology
        • Echocardiography
        • Others
      • By End User:
        • Hospitals
        • Diagnostic Laboratories
        • Ambulatory Surgical Centres
        • Clinics
    • Africa
      • By Country:
        • South Africa
        • Central Africa
        • North Africa
      • By Component:
        • Software
        • Services
      • By Deployment:
        • Cloud-Based
        • On-Premise
      • By Application:
        • Cardiac and peripheral catheterization
        • Hemodynamic monitoring
        • Electrophysiology
        • Echocardiography
        • Others
      • By End User:
        • Hospitals
        • Diagnostic Laboratories
        • Ambulatory Surgical Centres
        • Clinics
  • Company Profiles
    • Mckesson Corporation*
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Recent Highlights
      • Strategies
    • General Electric Company
    • Koninklijke Philips N.V.
    • Siemens AG
    • Lumedx
    • Merge Healthcare
    • Fujifilm Medical Systems
    • Digisonics, Inc.
    • Agfa Healthcare
    • Cerner Corporation

“*” marked represents similar segmentation in other categories in the respective section.

Table of Contents

  1. Research Objective and Assumption
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Overview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Component
      • Market Snippet, By Deployment
      • Market Snippet, By Application
      • Market Snippet, By End User
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
    • Impact Analysis
    • Market Trends
    • Key Developments
    • PEST Analysis
  4. Global Cardiovascular Information System Market, By Component, 2016–2026, (US$ Million)
    • Introduction
      • Market Share Analysis, 2017 and 2026 (%)
      • Y-o-Y Growth Analysis, 2017–2026
      • Segment Trends
    • Software
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016–2026, (US$ Million)
    • Services
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016–2026, (US$ Million)
  5. Global Cardiovascular Information System Market, By Deployment, 2016–2026, (US$ Million)
    • Introduction
      • Market Share Analysis, 2017 and 2026 (%)
      • Y-o-Y Growth Analysis, 2017–2026
      • Segment Trends
    • Cloud-Base
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016–2026, (US$ Million)
    • On-Premise
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016–2026, (US$ Million)
  6. Global Cardiovascular Information System Market, By Application, 2016–2026, (US$ Million)
    • Introduction
      • Market Share Analysis, 2017 and 2026 (%)
      • Y-o-Y Growth Analysis, 2017–2026
      • Segment Trends
    • Cardiac and peripheral catheterization
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016–2026, (US$ Million)
    • Hemodynamics monitoring
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016–2026, (US$ Million)
    • Electrophysiology
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016–2026, (US$ Million)
    • Echocardiography
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016–2026, (US$ Million)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016–2026, (US$ Million)
  7. Global Cardiovascular Information System Market, By End User, 2016–2026, (US$ Million)
    • Introduction
      • Market Share Analysis, 2017 and 2026 (%)
      • Y-o-Y Growth Analysis, 2017–2026
      • Segment Trends
    • Hospitals
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016–2026, (US$ Million)
    • Diagnostic Laboratories
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016–2026, (US$ Million)
    • Ambulatory Surgical Centers
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016–2026, (US$ Million)
    • Clinics
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016–2026, (US$ Million)
  8. Global Cardiovascular Information System Market, By Region, 2016–2026, (US$ Million)
    • Introduction
      • Market Share Analysis, By Region, 2017 and 2026 (%)
      • Y-o-Y Growth Analysis, By Region, 2016–2026
      • Regional Trends
    • North America
      • Market Size and Forecast, By Component, 2016–2026, (US$ Million)
      • Market Size and Forecast, By Deployment, 2016–2026, (US$ Million)
      • Market Size and Forecast, By Application, 2016–2026, (US$ Million)
      • Market Size and Forecast, By End User, 2016–2026, (US$ Million)
      • Market Size and Forecast, By Country, 2016–2026, (US$ Million)
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast, By Component, 2016–2026, (US$ Million)
      • Market Size and Forecast, By Deployment, 2016–2026, (US$ Million)
      • Market Size and Forecast, By Application, 2016–2026, (US$ Million)
      • Market Size and Forecast, By End User, 2016–2026, (US$ Million)
      • Market Size and Forecast, By Country, 2016–2026, (US$ Million)
        • U.K.
        • Germany
        • Italy
        • France
        • Spain
        • Russia
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast, By Component, 2016–2026, (US$ Million)
      • Market Size and Forecast, By Deployment, 2016–2026, (US$ Million)
      • Market Size and Forecast, By Application, 2016–2026, (US$ Million)
      • Market Size and Forecast, By End User, 2016–2026, (US$ Million)
      • Market Size and Forecast, By Country, 2016–2026, (US$ Million)
        • China
        • Japan
        • India
        • ASEAN
        • Australia
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast, By Component, 2016–2026, (US$ Million)
      • Market Size and Forecast, By Deployment, 2016–2026, (US$ Million)
      • Market Size and Forecast, By Application, 2016–2026, (US$ Million)
      • Market Size and Forecast, By End User, 2016–2026, (US$ Million)
      • Market Size and Forecast, By Country, 2016–2026, (US$ Million)
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
    • Africa
      • Market Size and Forecast, By Component, 2016–2026, (US$ Million)
      • Market Size and Forecast, By Deployment, 2016–2026, (US$ Million)
      • Market Size and Forecast, By Application, 2016–2026, (US$ Million)
      • Market Size and Forecast, By End User, 2016–2026, (US$ Million)
      • Market Size and Forecast, By Country, 2016–2026, (US$ Million)
        • Northern Africa
        • Central Africa
        • South Africa
    • Middle East
      • Market Size and Forecast, By Component, 2016–2026, (US$ Million)
      • Market Size and Forecast, By Deployment, 2016–2026, (US$ Million)
      • Market Size and Forecast, By Application, 2016–2026, (US$ Million)
      • Market Size and Forecast, By End User, 2016–2026, (US$ Million)
      • Market Size and Forecast, By Country, 2016–2026, (US$ Million)
        • GCC Countries
        • Israel
        • Rest of Middle East
  9. Competitive Landscape
    • Heat Map Analysis
    • Company Profiles
      • McKesson Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • General Electric Company
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • Koninklijke Philips N.V.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • Siemens AG
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • Lumedx
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • Merge Healthcare
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • Fujifilm Medical Systems
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • Digisonics, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • Agfa Healthcare
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • Cerner Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • Analyst Views
  10. Section
    • References
    • Research Methodology
    • About us and Sales Contact

*Browse 25 market data tables and 44 figures on "Cardiovascular Information System Market” - Global forecast to 2026”.

Research Methodology

Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:

  • Primary Research (Trade Surveys and Experts Interviews)
  • Desk Research
  • Proprietor Data Analytics Model

In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.


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Coherent Market Insights desk research is based on a principle set of research techniques:

  • National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
  • Multinational level desk research: The research team keeps a track of multinational players, global regulatory bodies, global trade associations, and global organization.

Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:

  • Governmental bodies, National and international social welfare institutions, and organizations creating economic policies among others.
  • Trade association, National and international media and trade press.
  • Company Annual reports, SEC filings, Corporate Presentations, press release, news, and specification sheet of manufacturers, system integrators, brick and mortar - distributors and retailers, and third party online commerce players.
  • Scientific journals, and other technical magazines and whitepapers.

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Preliminary Data Mining

The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.

Data Standardization:

Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.

Coherent Statistical model

We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:

  • Micro-economic indicators
  • Macro-economic indicators
  • Environmental indicators
  • Socio-political indicators
  • Technology indicators

Data Processing

Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.

Data Validation

This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

  • It provides first-hand information on the market dynamics, outlook, and growth parameters.
  • Industry experts validates the estimates which helps the company to cement the on-going research study.
  • Primary research includes online surveys, face-to face interviews, and telephonic interviews.

The primary research is conducted with the ecosystem players including, but not limited to:

  • Raw Material Suppliers
  • Manufacturers
  • System Integrators
  • Distributors
  • End-users

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