The global CardiovascularInformation System (CVIS) market was valued at USD 616.7 million in 2015 and is anticipated to reach USD 1.2 billion by 2024. Global Cardiovascular information system (CVIS) market is expected to grow in coming years owing to the increasing incidence rate of cardiovascular disorders thereby pushing the need for streamlining the cardiac care workflow systems. Factor such as growing need to integrate CVIS with CPACS and EMR and other cardiology modules is anticipated to fuel the product segment. A cardiovascular information system is a data-driven system in which research material and clinical information software along with scientific advancement data are stored. It is a patient driven informatics obtained from ECG and EKG, Haemodynamic system and echo machines coupled with inventory, business analytics, and billing mechanisms. With reducing reimbursements, healthcare providers are striving to have a cost curbing solutions such as CVIS. However, the greater emphasis on EHR implementation and initial high cost of CVIS implementation are expected to be growth impeding factor during the forecast period.
The
increasing need for ease to access data in numerous healthcare institutes for
the fast and effective treatment of the patients in expected to stimulate the
product demand over the next seven years. The amalgamation of reports, images,
measurements and waveforms into the patient's record assists to create an
information management and enterprise medical imaging solution in a proficient
manner. An integrated cardiac EMR in one database offers a single point of
access to the historical and current cardiac information and images, including
ECG and haemodynamic data. Customizable reporting tools for the
electrophysiology labs and cath, vascular and echo departments, ECG department
and nuclear cardiology department make it possible for users to quickly
document and analyze care practices. Workplace quality web access to report
completion and procedures enables users to carry out a variety of clinical care
tasks from isolated locations.
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Cardiovascular
information system aims to approve an advanced level of evidence-based
proficient standards in cardiac recovery. The system is an integrated
haemodynamic system which is data-driven patient informatics it is capable of
storing all the information related to cardiovascular disease patient. For
efficient recording and reporting patient information all the information is
stored in CVIS. In addition, the business operations including business
analytics and making bill which are conventionally managed by the separate
computer system and can also be managed and stored by undertaking the system.
Further, the product is also capable of providing dynamic reporting such as
measurements, images, and informatics that are structured in a template design
for reliable delivery and effectiveness of patient reports. With the
implementation of CVIS cardiologists have observed a noteworthy reduction in
report delivery time.
CVIS
market is studied with respect to three different segments such as application,
delivery mode, and component. CVIS industry by application is further segmented
into echocardiography lab solutions, catheterization lab solutions, vascular
lab solutions and ECG data management solutions. A component segment of CVIS
market is studied with respect to hardware, services, and software. CVIS market
by delivery mode is further classified into a web hosted, cloud-based and on
premise market. CVIS acts as a single platform, single storage solution having
single point entry to physicians, cardiologist administrators regardless of
users location. Clinical benefits include accessibility of patient’s clinical
history to the cardiologist prior to the procedures thereby nullifying the need
of doctor leaving critical ill patient’s bedside. Business benefits of CVIS
allow administrators to manage statistical reporting, inventory, billing and
overall workflow in a live environment.
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Higher
occurrence rate of cardiovascular diseases coupled with technological
advancements are helping North American market to be most mature during the
forecast period. The European market is expected to follow North American
market. Asia pacific CVIS market is expected to experience a lucrative growth
on account of rapidly improvising healthcare infrastructure, untapped
opportunity and increasing penetration. The major participants operating in the
cardiovascular information system market include Philips Healthcare, GE
Healthcare, Siemens, McKesson Corporation, Cerner Corporation, Fujifilm Medical
Systems, Digisonics, Agfa Healthcare and Merge Healthcare.
Market Segment:
Cardiovascular information system
market, by system, 2014 - 2024 (USD Million)
• CVIS
• CPACS
Cardiovascular information system
market, by mode of operation, 2014 - 2024 (USD Million)
• Web-based
• On-site
• Cloud-based
Cardiovascular information system
market, by region, 2014 - 2024 (USD Million)
• North America
• U.S. Cardiovascular Information System, by
Systems
• Canada Cardiovascular Information System, by
Systems
• U.S. Cardiovascular Information System, by
Mode of Operation
• Canada Cardiovascular Information System, by
Mode of Operation
• Europe
• U.K. Cardiovascular Information System, by
Systems
• Germany Cardiovascular Information System,
by Systems
• U.K. Cardiovascular Information System, by
Mode of Operation
• Germany Cardiovascular Information System,
by Mode of Operation
• Asia Pacific
• China Cardiovascular Information System, by
Systems
• India Cardiovascular Information System, by
Systems
• China Cardiovascular Information System, by
Mode of Operation
• India Cardiovascular Information System, by
Mode of Operation
• Latin America
• Brazil Cardiovascular Information System, by
Systems
• Mexico Cardiovascular Information System, by
Systems
• Brazil Cardiovascular Information System, by
Mode of Operation
• Mexico Cardiovascular Information System, by
Mode of Operation
• MEA
• South Africa Cardiovascular Information
System, by Systems
• South Africa Cardiovascular Information
System, by Mode of Operation
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