The Worldwide Cardiology IT Workflow Solutions Industry is Expected to Reach $1.6 Billion by 2027 - ResearchAndMarkets.com

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DUBLIN, October 22, 2021--(BUSINESS WIRE)--The "Cardiology IT Workflow Solutions - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Amid the COVID-19 crisis, the global market for Cardiology IT Workflow Solutions estimated at US$980.8 Million in the year 2020, is projected to reach a revised size of US$1.6 Billion by 2027, growing at a CAGR of 7.2% over the period 2020-2027.

Cloud, one of the segments analyzed in the report, is projected to record 7.6% CAGR and reach US$991.7 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the On-Premise segment is readjusted to a revised 6.6% CAGR for the next 7-year period.

The U.S. Market is Estimated at $265.1 Million, While China is Forecast to Grow at 11.1% CAGR

The Cardiology IT Workflow Solutions market in the U.S. is estimated at US$265.1 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$355.3 Million by the year 2027 trailing a CAGR of 11% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.9% and 6.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.7% CAGR.

Select Competitors (Total 69 Featured):

  • Agfa HealthCare NV

  • Biomedix

  • Carestream Health

  • Circle Cardiovascular Imaging, Inc.

  • Digisonics, Inc.

  • Esaote SpA

  • Fujifilm Holdings Corporation

  • GE Healthcare

  • Infinitt Healthcare Co. Ltd.

  • Koninklijke Philips N.V.

  • Lumedx Corporation

  • McKesson Corporation

  • Medis Medical Imaging Systems BV

  • Mortara Instrument

  • Novarad Corporation

  • RADinfo SYSTEMS, Inc.

  • ScImage, Inc.

  • Siemens Healthineers

  • Tomtec Imaging Systems Gmbh

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights

  • World Market Trajectories

  • Cardiology IT Workflow Solutions: An Overview

  • Recent Market Activity

  • Factors Positively Impacting Global Cardiology

  • IT Workflow Solutions Market

  • Increased CVD Prevalence

  • Rising Cardiology Procedures

  • Integrated Healthcare Delivery Model

  • Technological Advancements

  • Need for Increased Accessibility of Patient Information

  • Renewed Focus on Cost Reduction

  • Other Factors

  • Impediments in the Global Cardiology IT Workflow Solutions Market

  • Reluctance to Adopt Information Technology

  • Higher Initial Investments

  • Interoperability and integration Issues Plague Global Market

  • Other Factors

  • Competitive Scenario

  • Need for Regulatory Compliance Forcing Companies to Adopt Cardiovascular Information Systems (CVIS)

  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • Emerging Markets to Drive Market Growth

  • Cloud based Healthcare Systems - A Lucrative Revenue Source

  • Growing Digitization of Healthcare Facilities in Asia-Pacific to Propel Market

  • Technological Advancements Increasing Adoption Rate

  • Companies Focusing on Different Strategies for Retaining and Increasing Market Share

  • Booming Medical Tourism in Asia-Pacific Impacting Market Growth

  • Need for CVIS Optimization and Integration

  • Omnipresent EMR Making Silent Forays into Cardiology Informatics Space

  • Regional Disparities Impacting Global EMR Growth

  • Major Advancements in Cardiovascular Information Systems

  • New Cardiology Workflow Platform Launches

  • Mobile Device Integration

  • Cardiology Workflow Platforms in Enterprise Imaging

  • Vendors Concentrate on Collaboration Instead of Competition

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/88r7wx

View source version on businesswire.com: https://www.businesswire.com/news/home/20211022005262/en/

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