Cardiovascular Information System Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2016-2024

Rampant rise in incidence rate of cardiovascular diseases worldwide, is fueling demand for a system that can aid physicians in managing patient’s cardiovascular medical records. This cardiovascular information system is a web-based system that would allow 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 prime benefit of cardiovascular information system is that the patient safety and quality of care is improved by providing healthcare experts access to individual’s cardiovascular medical records. Implementation of cardiovascular information system would help hospitals 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.

Cardiovascular Information System Market Taxonomy

The market in cardiovascular information system can be analyzed on the basis of application as follows:  

  • Cardiac and peripheral catheterization: This involves the insertion of a catheter into the heart chamber for the diagnosis and treatment of a particular heart condition
  • Hemodynamics monitoring: It is based on invasive measurement of cardiac output, pulmonary arterial, and venous pressures
  • Electrophysiology: Electrophysiology is characterized by the study of diagnosis and treatment of electrical activities of the heart
  • Echocardiography: An echocardiogram is a test used to create images of the heart with the help of sound waves
  • Vascular ultrasound: Vascular ultrasound is a painless and non-invasive test to create images of arteries and veins, using a high-frequency sound waves
  • Nuclear cardiology : Nuclear cardiology involves the usage of a radioactive tracer into the bloodstream for the identification of coronary heart disease and severity of prior heart attacks

On the basis of system, the market has been segmented as follows:

  • CVIS
  • CPACS

On the basis of software delivery mode:

  • Cloud
  • On-premise

On the basis of end users:

  • Hospitals
  • Diagnostic Laboratories
  • Private Clinics

Cardiology picture archiving and communication systems (CPACS) are slightly different from the radiology picture archiving and communication systems (PACS), in terms that CPACS support DICOM structure reporting for echocardiography measurements that is lacking in the PACS. The CVIS system on the other hand is data driven and stores patient information in the CVIS database for patient record and data reporting.

Cardiovascular Information System Market Outlook - Growing Integration of Healthcare and IT to boost demand in Developing Nations

On the basis of geography, the global cardiovascular information system market can be segmented into five major regions: North America, Europe, Asia Pacific, Latin America and Rest of the World (RoW). Prime factors contributing towards growth of cardiovascular information system industry are increasing need to streamline the workflow and strengthen referral relationships, thereby focusing more on patient care. Furthermore, creation of a single point of access to all cardiac images helps physicians to make better treatment decisions at timely intervals. Asia Pacific is expected to emerge as a major market in the near future, mainly due to growing demand of cardiologists to produce a report from the 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 would also propel growth of cardiovascular information system market.

Various companies provide cardiovascular information system to hospitals for a better and streamlined flow of procedures. Some of the top companies operating in the cardiovascular information system market are McKesson Corporation, Philips Healthcare, GE Healthcare, Cerner Corporation, Merge Healthcare, Agfa Healthcare, Siemens Healthcare, Agfa Healthcare, Fujifilm Medical Systems, Digisonics, Inc., and Lumedx.

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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:

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

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