The Global Cardiology Information System (CIS) Market is expected to grow at a CAGR of 9.2% from 2020 to 2027.The increase in the volume of hospitalized patients suffering from coronary heart diseases and stroke are amongst the major factors boosting the market growth. For instance, as per the data generated by the American Heart Association, cardiac diseases were ranked as the highest cause of deaths in the U.S. Further, rapid adoption of integrated systems by healthcare providers and rising pressure to curb growing medical error rates, and growing demand for productive data management tools are would provide future opportunities for the market.
The global cardiology information system market is segmented by component, operation mode, and end-user. By operation mode, the market is segmented into web-based and on-premises. By component, the market is segmented into software, hardware, and services. By end-user, the market is bifurcated into hospitals, ambulatory surgical centers, and others. North America, Europe, Asia-Pacific, and LAMEA are the geographical breakdowns of the EMR market at the global level. Moreover, the country-wise market analysis has been also covered under the scope of the report.
The web-based segment generated the maximum revenue in the global cardiology information system market and expected to continue its trend during the forecast period. The growth will be majorly driven by reduced treatment time, reduced treatment time, and remote access to data. The software dominated the component segment in the year 2020. However, the service segment is to attain the fastest growth rate during the forecast period. In terms of geography, North America generated the maximum revenue share of the market owing to technological advancement and the presence of prominent key players in the region. On the other hand, Asia-Pacific is the fastest growing market due to a surge in demand from countries such as China, India, and Japan.
Key players are adopting various business strategies such as strategic collaborations, product launches, and regional expansion to increase their foothold in the market. The leading market players include Central Data Network, Agfa Healthcare, Merge Healthcare, GE, Philips Healthcare, Cerner Corporation, Siemens Healthcare Private Limited, McKesson Corporation, and Fujifilm Medical System, among others.
Cardiology Information System Market Key Segments:
Mode of Operation Segments
• Ambulatory Surgical Centers
• North America
o The U.S.
o Rest of Europe
o South Korea
o Rest of Asia-Pacific
o Latin America
o The Middle East
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