According to FutureWise analysis the market for cardiovascular information system in 2023 was US$ 1.16 billion, and is expected to reach US$ 2.21 billion by 2031 at a CAGR of 8.40%.
The cardiovascular system comprises the blood vessels and heart and It carries nutrients and oxygen to other parts of the body and removes carbon dioxide from them. Cardiovascular information system enlightened database system maintained by a cardiologist (specially trained medical professionals in heart-related treatments) used to manage the data of patient treatment programs, the enormous images files like 2D echo, ECG and MRI, etc, treatment summaries and results created during the course of treatment and diagnosis. This CVIS is a special kind of Electronic health record used in cardiology to streamline patient care, improves employee work accuracy, better communications with referred doctors, and image/ cardiology asset accessibility.
The rising demand for information systems in healthcare services is expected to fuel the growth of the cardiovascular information systems market. They are advantageous over traditional methods of data handling and validations and decreased the manual effort and improved the efficiency of the process. Along with this, the cardiovascular information system has a tremendous demand in healthcare settings due to the high patient pool and boosted the growth of the market. Further, increasing capital investment by healthcare sectors has created potential opportunities for the robust growth of the cardiovascular information systems market. Additionally, the cardiovascular information system improves patient care and helps in better management of cardiac disorders.
The cardiovascular information system market is dominated by North America and Europe due to the high adoption rate among end users and is expected to remain dominant throughout the forecast period. Changing economic conditions and increasing awareness of the population in the Asia Pacific region is expected to create a number of opportunities for cardiovascular information system service providers. Latin America and the Rest of the World's Cardiovascular information systems market are expected to account for a small share of the global market.