Cardiology Information System (CIS) Market - By Component (Services, Software, and Hardware), By System (Integrated System, Standalone, Cardiology PACS, and Cardiology Information System), and By End User (L3B Hospital, L2 Hospital, and L3A Hospital)-Global Industry Analytics, COVID-19 Business Impact, and Trends, 2020 – 2029

                                          
Abstract
                    
The global cardiology information system (CIS) market valuation was nearly 225 (USD Million) in 2018 and is estimated at 428 (USD Million) by 2025 at a CAGR of nearly 9.59% over 2019-2025. The report offers estimation and analysis of the cardiology information system (CIS) market on a global as well as regional level. The study provides an in-depth assessment of the market competition, limitations, sales estimates, revenue forecasts, opportunities, current & emerging business trends, and industry-validated market figures. The report offers historical data from 2016 to 2018 along with a forecast from 2019 to 2025 based on value (USD Million).


Introduction

Cardiology is the key branch of medicine related to heart disorders. Furthermore, the growing economic volatility and ongoing trade conflicts & disputes occurring between China and the U.S., the deep impact is likely to be felt on the cardiology information system industry over the forthcoming years.

Key Growth Dynamics

The rise in the number of hospitalized patients detected with heart disorders like stroke and coronary heart ailments will embellish the growth of cardiology information system (CIS) industry over the forthcoming years. Furthermore, a prominent surge in government initiatives & escalating need for identifying the functioning of the heart to prevent medication errors is anticipated to prompt the need for electronic health record systems. This, in turn, will steer the expansion of the cardiology information system (CIS) market over the forecast period.

As per the American Heart Association study published in 2019, heart ailments such as heart stroke, coronary heart ailment, and high blood pressure were ranked as the key death causes across the U.S.

Software Segment To Contribute Majorly Towards Overall Market Share By 2025

The growth of the segment over the forecast period is owing to growing healthcare awareness, improved interoperability, and remote data access. Apart from this, a huge need for integrating CVIS with ECG Carts, CPACS, electronic medical records, and other cardiology units.

North America To Dominate Overall Market Growth During 2019-2025

The growth of the regional market during the forecast timeline is owing to the high frequency of heart ailments indications such as atrial fibrillation, CAD, and strokes. As per the study made by the American Heart Association, in 2018, about 92 million persons in the U.S. had suffered as a result of heart disorders that required better treatment. Such cases are likely to define the growth of the cardiology information system (CIS) market over the forthcoming years.

Key players profiled in the cardiology information system (CIS) industry include Philips Healthcare Informatics, Inc., McKesson Corporation, Data Networks Inc., Siemens Healthineers AG, Esaote SpA, FUJIFILM medical systems USA Inc., INFINITT Healthcare Co. Ltd., Cerner Corporation, Digisonics Inc., and Merge Healthcare Inc.

The global cardiology information system (CIS) market is segmented as follows:

By System

	Integrated Systems
	Standalone Systems

By Component

	Software
	Services
	Hardware

By End User

	L3A Hospitals 
	L3B Hospitals
	L2 Hospitals

By Region

	North America
	
		The U.S.
		Canada
	
	
	Europe
	
		France
		The UK
		Spain
		Germany
		Italy
		Rest of Europe
	
	
	Asia Pacific
	
		China
		Japan
		India
		South Korea
		Southeast Asia
		Rest of Asia Pacific
	
	
	Latin America
	
		Brazil
		Mexico
		Rest of Latin America
	
	
	Middle East & Africa
	
		GCC
		South Africa
		Rest of Middle East & Africa