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Global Cardiology Information System (CIS) Market: By System: Integrated Systems, Cardiology PACS, Standalone Systems, Cardiology Information System; By Component: Software, Services, Hardware; By End Use; Regional Analysis; Historical Market and Forecast (2017-2027); Competitive Landscape; Industry Events and Developments

Global Cardiology Information System (CIS) Market Outlook

The cardiology information system (CIS) market is projected to grow from USD 872 million in 2020 to nearly USD 1,361 million by 2026 at a CAGR of 7.70% over the forecast period of 2022-2027.

 

Global Cardiology Information System (CIS) Market

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The increasing cases of cardiovascular diseases have resulted in the increased demand for imaging devices and the need for centralised units for data sharing. Government reforms and incentives to encourage the implementation of electronic medical records have driven the cardiology information system (CIS) industry further.

 

Properties and Applications

The cardiology information system integrates, manages, and streamlines cardiac information flow, allowing quicker delivery, distribution, and analysis of data. The scheme offers access to ECG data for patients by physicians while streamlining the workflow.

 

Global Cardiology Information System (CIS) Market By System

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The cardiology information system (CIS) industry can be divided based on segments like system, end-use, and component. The industry can be divided on the basis of its system as integrated systems, cardiology PACS, standalone systems, and cardiology information systems. The industry can be broadly categorised based on its end-use into:

  • L3a Hospitals 
  • L3b & L2 Hospitals

The industry can be divided based on its component as software, services, and hardware.

The EMR report looks into regional markets of cardiology information system (CIS) like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.

 

Global Cardiology Information System (CIS) Market By Region

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Market Analysis

The growth of the global cardiology information system (CIS) industry is primarily driven by the growing incidence and prevalence of cardiovascular diseases. Further, government initiatives and the growing number of hospitals, particularly in the developing nations, are aiding the market growth.

The segment of integrated systems is expected to experience the fastest development over the forecast period. The growing acceptance by healthcare suppliers of integrated systems is the main factor that supports the development of the industry. In 2018, the software segment represented the largest market share.

 

Competitive Landscape

The report presents a detailed analysis of the following key players in the global cardiology information system (CIS) industry, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Koninklijke Philips N.V (NYSE: PHG)
  • Crealife Medical Technology   
  • Central Data Networks     
  • Esaote China Ltd.   
  • Infinitt Healthcare Co., Ltd. 
  • Others

The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s five forces.

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2017-2021
Forecast Period 2022-2027
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- System, Component, End Use, Region
Breakup by System Integrated Systems, Cardiology PACS, Standalone Systems, Cardiology Information System
Breakup by Component Software, Services, Hardware
Breakup by End Use L3a Hospitals, L3b & L2 Hospitals
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Koninklijke Philips N.V [PHIA (AMS)], Crealife Medical Technology, Central Data Networks, Esaote China Ltd., Infinitt Healthcare Co., Ltd. [071200 (KOSDAQ)], Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
    1.1    Objectives of the Study
        1.1.1    Research Objective
        1.1.2    Key Findings of the Report
2    Research Methodology
    2.1    Data Extraction
    2.2    Data Corroboration
    2.3    Market Structure
    2.4    Assumptions
    2.5    Market Models
3    Introduction
    3.1    Market Outlook
    3.2    Market Scope and Segmentation
    3.3    Additional Insights
4    Executive Summary
    4.1    Key Market Developments
    4.2    Market Analysis
    4.3    Key Players
    4.4    Market Revenue and Growth
5    Market Dynamics
    5.1    Market Driver Analysis
    5.2    Market Restraint Analysis
    5.3    Industry Challenges
    5.4    Industry Opportunities
6     Global Cardiology Information System (CIS) Market Analysis
    6.1    Global Cardiology Information System (CIS) Market (2017-2021) & Forecast (2022-2027)
    6.2    Global Cardiology Information System (CIS) Market Breakup by System
        6.2.1    Integrated Systems
        6.2.2    Cardiology PACS
        6.2.3    Standalone Systems
        6.2.4    Cardiology Information System
    6.3    Global Cardiology Information System (CIS) Market Breakup by System: Historical Market (2017-2021) & Forecast (2022-2027)
        6.3.1    Integrated Systems
        6.3.2    Cardiology PACS
        6.3.3    Standalone Systems
        6.3.4    Cardiology Information System
    6.4    Global Cardiology Information System (CIS) Market Breakup by Component 
        6.4.1    Software 
        6.4.2    Services
        6.4.3    Hardware
    6.5    Global Cardiology Information System (CIS) Market Breakup by Component: Historical Market (2017-2021) & Forecast (2022-2027)
        6.5.1    Software 
        6.5.2    Services
        6.5.3    Hardware
    6.6     Global Cardiology Information System (CIS) Market Breakup by End Use
        6.6.1    L3a Hospitals 
        6.6.2    L3b & L2 Hospitals
    6.7     Global Cardiology Information System (CIS) Market Breakup by End Use: Historical Market (2017-2021) & Forecast (2022-2027)
        6.7.1    L3a Hospitals 
        6.7.2    L3b & L2 Hospitals 
    6.8     Global Cardiology Information System (CIS) Market Breakup by Region
        6.8.1    North America
            6.8.1.1    United States of America
            6.8.1.2    Canada
        6.8.2    Europe
            6.8.2.1    Germany
            6.8.2.2    United Kingdom
            6.8.2.3    France
            6.8.2.4    Italy
            6.8.2.5    Others
        6.8.3    Asia Pacific
            6.8.3.1    China
            6.8.3.2    Japan
            6.8.3.3    India
            6.8.3.4    ASEAN
            6.8.3.5    Others
        6.8.4    Latin America
            6.8.4.1    Brazil
            6.8.4.2    Argentina
            6.8.4.3    Mexico
            6.8.4.4    Others
        6.8.5    Middle East & Africa
            6.8.5.1    Saudi Arabia
            6.8.5.2    United Arab Emirates
            6.8.5.3    Nigeria
            6.8.5.4    South Africa
            6.8.5.5    Others
    6.9     Global Cardiology Information System (CIS) Breakup by Region: Historical Market (2017-2021) & Forecast (2022-2027)
        6.9.1    North America
            6.9.1.1    United States of America
            6.9.1.2    Canada
        6.9.2    Europe
            6.9.2.1    Germany
            6.9.2.2    United Kingdom
            6.9.2.3    France
            6.9.2.4    Italy
            6.9.2.5    Others
        6.9.3    Asia Pacific
            6.9.3.1    China
            6.9.3.2    Japan
            6.9.3.3    India
            6.9.3.4    ASEAN
            6.9.3.5    Others
        6.9.4    Latin America
            6.9.4.1    Brazil
            6.9.4.2    Argentina
            6.9.4.3    Mexico
            6.9.4.4    Others
        6.9.5    Middle East & Africa
            6.9.5.1    Saudi Arabia
            6.9.5.2    United Arab Emirates
            6.9.5.3    Nigeria
            6.9.5.4    South Africa
            6.9.5.5    Others
7    SWOT Analysis
    7.1    Overview
    7.2    Strengths
    7.3    Weaknesses
    7.4    Opportunities
    7.5    Threats
8    Porter’s Five Forces Analysis
    8.1    Overview
    8.2    Buyer’s Power
    8.3    Supplier’s Power
    8.4    New Entrants
    8.5    Degree of Rivalry
    8.6    Substitutes
9    Competitive Landscape & Supplier Analysis  
    9.1    Koninklijke Philips N.V [PHIA (AMS)]
        9.1.1    Company Overview
        9.1.2    Financial Analysis
    9.2    Crealife Medical Technology
        9.2.1    Company Overview
        9.2.2    Financial Analysis
    9.3    Central Data Networks 
        9.3.1    Company Overview
        9.3.2    Financial Analysis
    9.4    Esaote China Ltd.
        9.4.1    Company Overview
        9.4.2    Financial Analysis
    9.5    Infinitt Healthcare Co., Ltd. [071200 (KOSDAQ)]
        9.5.1    Company Overview
        9.5.2    Financial Analysis
    9.6    Others
10    Industry Events and Developments

Key Questions Answered in the Report

In 2020, the global cardiology information system (CIS) market attained a value of nearly USD 872 million.

The market is projected to grow at a CAGR of 7.7% between 2021 and 2026.

The market is estimated to witness a healthy growth in the forecast period of 2022-2027 to reach USD 1,361 billion by 2026.

The major industry drivers are rising urbanisation, technological advancement, and the growing incidence and prevalence of cardiovascular diseases.

The key trends in the market are increasing cases of cardiovascular diseases have resulted in the increased demand for imaging devices and the need for centralised units for data sharing.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

Integrated system is the dominant type in the industry.

The major components can be divided into software, services, and hardware.

The end-use sectors include L3a Hospitals, L3b and L2 hospitals.

The major players in the industry are Koninklijke Philips N.V (NYSE: PHG), Crealife Medical Technology, Central Data Networks, Esaote China Ltd., and Infinitt Healthcare Co., Ltd., among others.

Analyst Review

The global cardiology information system (CIS) market attained a value of USD 872 billion in 2020, driven by the increasing cases of cardiovascular diseases have resulted in the increased demand for imaging devices and the need for centralised units for data sharing. Aided by the growing incidence and prevalence of cardiovascular diseases, the market is expected to witness a further growth in the forecast period of 2022-2027, growing at a CAGR of 7.7%. The market is projected to reach USD 1,361 billion by 2026.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its systems, the cardiology information system (CIS) industry can be segmented into integrated systems, cardiology PACS, standalone systems, and cardiology information system, among others, with integrated systems accounting for the largest market share. The major components can be divided into software, services, and hardware. The end-use sectors include L3a Hospitals, L3b and L2 hospitals. Major regional markets for cardiology information system (CIS) are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Koninklijke Philips N.V (NYSE: PHG), Crealife Medical Technology, Central Data Networks, Esaote China Ltd., and Infinitt Healthcare Co., Ltd., among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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