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New study: Cardio vascular information system market worth USD 1.2 billion by 2024

Medical Market Research

The global Cardio Vascular Information System market is expected to reach CAGR 10.2 % by the year 2024. In the market segmentation by system type, the Cardio Vascular Information System (CVIS) section is projected to grow at the best CAGR from 2018 to 2024, as a result of the increasing incidence and prevalence of cardiovascular diseases.

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Cardio Vascular Information System deals with the victims suffering from cardiovascular disease (CVD). CVD comprise diseases and disorders related to heart and blood vessels.

The main purpose of CVIS is to take care of adequate blood circulation, distribution of nutrients to tissues and the delivery of metabolic wastes to excretory/urinary organs. It is estimated that 90% of CVD is preventable by taking care of health.

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CVIS Segment holds the highest CAGR followed by Service Segment, Web-based Segment and Hospitals Segment

In the current market, most of the CVIS vendors are driving their solutions to yield single purpose of access with an integrated or a single platform comprised of multiple software system modules. The major factors such as better interoperability, remote access to images and data and to reduce IT burden in hospitals are driving the market to the largest share in service and web-based segments.

North America will be the foremost leading region in CVIS market.

The dominance of this (North America) region was mainly attributed due to the high adoption of advanced surgical treatments and the rise in awareness of some commercial products. Asia Pacific is anticipated to witness the fastest growth during the forecast period.

The chief players of cardio vascular information system are Cook Medical, Inc.; Terumo Cardiovascular Systems Corporation; Cardinal Health, Inc.; B. Braun Melsungen AG; Abbott Laboratories, Inc.; and St.

Jude Medical, Inc.

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