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Cardiovascular Digital Solutions Market Size

  • Report ID: GMI11047
  • Published Date: Aug 2024
  • Report Format: PDF

Cardiovascular Digital Solutions Market Size

Cardiovascular Digital Solutions Market size was valued at USD 95.5 billion in 2023 and is anticipated to witness growth at a CAGR of 6.1% between 2024 and 2032. The increasing prevalence of cardiac conditions, technological advancements in telehealth, and growing awareness and accessibility of the new products, are driving the market growth.

 

The increasing prevalence of cardiac conditions is significantly driving the growth of the market. Factors contributing to this rise include aging populations, sedentary lifestyles, poor dietary habits, and increasing rates of obesity. According to the World Health Organization, cardiovascular diseases (CVDs) are the leading cause of death globally, accounting for an estimated 17.9 million deaths per year. Additionally, the rising incidence of hypertension and diabetes further exacerbates the risk of developing cardiovascular conditions, thereby fueling the demand for advanced digital solutions to manage and monitor heart health more effectively.

 

Cardiovascular digital solutions refer to the use of digital technologies and tools in the prevention, diagnosis, treatment, and management of cardiovascular diseases. This approach is particularly valuable in managing chronic heart diseases, promoting preventive healthcare, and reducing the burden on healthcare systems by allowing for continuous and proactive patient care.

 

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The cardiovascular digital solutions industry size was valued at USD 95.5 billion in 2023 and is expected to grow at an 6.1% CAGR through 2032, because of the increasing prevalence of cardiac conditions and technological advancements in telehealth.

The cardiac monitoring and diagnosis segment of cardiovascular digital solutions industry was valued at USD 56.9 billion in 2023 driven by high rates of hypertension, arrhythmias, and coronary artery disease.

North America cardiovascular digital solutions industrywas valued at USD 35.5 billion in 2023 and will show a 5.4% CAGR from 2024 to 2032, thrusted by the prevalence of cardiovascular diseases, which fuels the demand for continuous monitoring and advanced diagnostics.

AliveCor, Inc., Apple Inc., Baxter, Cardiac Insight, Inc., Cardiotrack, and eviCore healthcare, among others.

Cardiovascular Digital Solutions Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 151
  • Countries covered: 23
  • Pages: 100
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