Cardiovascular Information System 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.
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The key driving factors responsible for the growth of Cardiovascular
Information System market :
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.
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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