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Cardiology Information System Market Size

  • Report ID: GMI8916
  • Published Date: Apr 2024
  • Report Format: PDF

Cardiology Information System Market Size

Cardiology Information System Market size was valued at around USD 1.2 billion in 2023 and is estimated to grow at 8.1% CAGR from 2024 to 2032. Cardiology information system (CIS) is a specialized system designed specifically for managing and storing cardiology-related data and information within a healthcare setting. It is a comprehensive digital platform that integrates various functionalities and tools tailored to the needs of cardiology departments, clinics, and hospitals.

 

The increasing technological advancement in cardiology information system is significant driving factors for the market. For instance, according to National Library of Medicine, in 2023, the use of AI technologies including machine learning algorithms like logistic regression for predicting the probability of cardiovascular diseases, deep learning models for analyzing cardiovascular images with high accuracy, natural language processing for extracting data from clinical documents, and computer-aided diagnosis systems for analyzing medical images and providing diagnostic suggestions to clinicians. These technologies play a crucial role in improving diagnosis, treatment management, and risk prediction of cardiac diseases.

 

Furthermore, growing prevalence of cardiovascular diseases, increasing adoption of  cardiovascular devices (market size is estimated to account for USD 20.2 billion by the end of year 2032), rising remote monitoring and telemedicine, government initiatives and funding, increasing health education and awareness, are the contributing factors stimulating the growth of the market.

 

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Cardiology information system industry size was valued at USD 1.2 billion in 2023 and is expected to grow at significant rate from 2024 to 2032, due to the increasing prevalence of cardiovascular diseases worldwide.

The web-based operation segment in the cardiology information system industry is projected to exceed USD 1.1 billion in revenue by 2032, owing to the eliminating feature of on-premises hardware infrastructure, such as servers and storage systems.

North America cardiology information system industry accumulated a revenue of USD 478.6 million in 2023 and is expected to expand at significant CAGR from 2024 to 2032, on account of the rising healthcare innovation and the strong presence of leading technology companies.

Cisco Systems, Inc., FUJIFILM Holdings Corporation, GE HealthCare Technologies Inc., Honeywell International Inc., Intelerad Medical Systems Incorporated, Koninklijke Philips N.V., Lumedx Healthcare Technologies Pvt Ltd., McKesson Corporation, Oracle Corporation, and Siemens Healthineers AG are some of the major cardiology information system companies worldwide.

Cardiology Information System Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 10
  • Tables & Figures: 351
  • Countries covered: 22
  • Pages: 240
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