The Cardiovascular Information Systems Market is to Touch $2.1 Billion by 2030; The market for cardiovascular information systems (CVIS) is expanding rapidly as a result of the rising incidence of cardiovascular diseases (CVDs) globally.

The Cardiovascular Information Systems Market size is estimated to reach $2.1 billion by 2030, growing at a CAGR of 6.9% during the forecast period 2024-2030, according to a recent report published by IndustryARC, titled, “Cardiovascular Information Systems Market  – By System Type (Cardiovascular Information Systems (CVIS), Cardiology Picture Archiving and Communication Systems (CPACS), Vendor Neutral Archives (VNA), Electronic Medical Records (EMR), Others), By Component (Hardware, Software, Services), By Deployment Mode (On-Premise, Cloud-Based), By Application (Catheterization Lab, Electrocardiogram (ECG) Data Management, Echocardiography Lab, Nuclear Cardiology, Electrophysiology Lab, Cardiothoracic Center, ECG/Holter Monitoring, Pacemaker/ICD Lab, Heart Failure Center, Outpatient Clinic, Others), By End-User (Hospitals (Small and Medium-sized Hospitals, Large Hospitals), Diagnostic Centers, Ambulatory Surgical Centers, Others), Aftermarket), By Geography - Global Opportunity Analysis & Industry Forecast, 2024-2030”.

Since cardiovascular illnesses continue to be the world's top cause of mortality, there is a strong need for cutting-edge medical technology that improves patient management, diagnosis, and treatment. Comprehensive software platforms called CVIS are made to handle and evaluate patient data about cardiovascular care, increasing workflow effectiveness and helping doctors provide accurate treatments. These systems include integrated solutions for patient tracking, electronic health records (EHR), image and data management, and decision assistance. The increase of CVD cases, the aging of the population, and the use of cutting-edge technologies like cloud computing, AI, and machine learning are the main growth drivers. These developments decrease errors and enhance patient outcomes by increasing diagnostic accuracy, enabling predictive analytics, and providing real-time insights into patient health. procedures.

According to the Cardiovascular Information Systems Market analysis, North America region is estimated to hold the largest market share of 37% in 2023. The cardiovascular information systems (CVIS) market was dominated by North America in 2023, with the greatest market share. Strong healthcare infrastructure, widespread use of cutting-edge technologies, and a significant number of important participants in the healthcare IT industry are all factors contributing to the region's dominance. Significant expenditures have been made in healthcare technology, particularly in the United States, where CVIS technologies have been implemented to enhance cardiovascular care. North America's aging population, rising heart disease rates, and the need for effective patient management and care coordination are the main drivers of the demand for cardiovascular information systems. North American hospitals and healthcare facilities have implemented CVIS to improve patient outcomes, expedite data administration, and strengthen clinical decision-making.

The market for cardiovascular information systems has expanded in large part to developments in healthcare IT infrastructure. According to IBEF, 80% of India's healthcare system is provided by the country's hospital sector.  The management, analysis, and sharing of cardiovascular data has been completely transformed by the continuous advancements in cloud computing, artificial intelligence (AI), machine learning (ML), and big data analytics. These technologies have improved the precision and promptness of cardiovascular diagnosis by enabling healthcare providers to process massive amounts of data efficiently. Additionally, the smooth data transmission made possible by the integration of cardiovascular information systems with electronic health records (EHRs) has enhanced provider collaboration and guaranteed more accurate patient data. Healthcare businesses have adopted CVIS as part of a larger effort to update their IT infrastructure, making interoperability across various health systems a priority.

The market for cardiovascular information systems is being driven primarily by the growing need for telemedicine and remote monitoring. Healthcare professionals are increasingly using remote monitoring solutions due to the growing prevalence of chronic cardiovascular illnesses and the requirement for ongoing monitoring. Clinicians can monitor patients' vital signs and cardiovascular health information in real-time via CVIS technologies that provide remote patient monitoring, which promotes early intervention and improved disease management. The need for cardiovascular information systems has been further spurred by telemedicine, which has been increasingly popular during and after the COVID-19 epidemic. Patients can now get follow-up care and consultations without going to medical facilities, which is more convenient and accessible, especially for people who live in distant locations. Integrating telemedicine with CVIS systems enables healthcare professionals to provide more personalized care, leveraging real-time data for decision-making. This shift toward remote care has not only improved patient outcomes but also reduced healthcare costs, further driving the growth of the cardiovascular information systems market.

• In June 2024, the innovative new cardiac care platform, Cardiac Workstation, was unveiled by Royal Philips, a world leader in health technology, to expedite clinical decision-making and patient care for cardiology patients across Europe, the Middle East, and Africa.

• In September 2022, GE Healthcare announced the opening of the Optima IGS 320, its first "Made in India," "AI-powered" cath lab, in an attempt to enhance cardiac care in India. The Cath lab was built at Wipro GE Healthcare's new Bengaluru plant, which was established under the PLI (production linked incentive) system, using the GE proprietary auto-right technology.

Key companies profiled in the Cardiovascular Information Systems Market are AGFA-Gevaert Group (Cardiology ecosystem), Philips Healthcare (Cardiovascular Workspace, Interventional Cardiovascular Workspace (Xper IM)), GE HealthCare (MUSE Cardiology Information System), Siemens Healthineers AG (Cardiovascular Care), Merative (CVIS for cardiology imaging), Fujifilm Medical Systems (Synapse® Select), Esaote SPA (Suitestensa Cardio Surgery), Central Data Networks PTY Ltd (Cardio Vascular Information System), Infinitt Healthcare Co Ltd (Infinitt Cardiology PACS), Lumedx (LUMEDX HealthView Cardiac Cath Workflow), and others.