Cardiovascular Information System Market Trends

Key Emerging Trends in the Cardiovascular Information System Market

The number of cardiovascular diseases (CVD), like heart diseases and stroke, is on the rise. The Center for Disease Control and Prevention reported that more than 630,000 Americans die from heart diseases every year, making up one in four deaths. The World Health Organization stated that in 2015, over 17.7 million people worldwide died from cardiovascular diseases, accounting for 31% of all global deaths. This increasing health issue has led to a race among major companies to develop high-quality devices and accessories for better data management of CVD patients. This, in turn, has boosted the demand for cardiovascular information systems, driving market growth.

Governments around the world have been taking steps to implement electronic health record (EHR) systems, contributing to the growth of the healthcare technology market. For instance, the National Health Service in England aims to make patients' records 'largely paperless' by 2020. The NHS initiated the Integrated Digital Care Fund to support the rapid shift from paper-based clinical records to integrated digital care records (IDCR). A significant amount of funding, exceeding USD 63 million, was provided by NHS trusts and local authorities to implement electronic information systems, facilitating the smooth transfer of patient information. Similarly, Canada invested over USD 10 billion in 2014 for the implementation of EHR. These government initiatives and funding are creating favorable conditions for the growth of the cardiovascular information system market.

The past decade has witnessed significant technological advancements in cardiovascular information systems (CVIS) to meet the evolving demands of healthcare IT. Modern CVIS platforms are mostly web-based, allowing the transfer of data across the web from any location and eliminating the need for tethered workstations. These web-based platforms are considered zero-footprint systems, providing easy report generation and distribution. Notably, mobile systems have been incorporated into CVIS platforms, extending their utilization across the entire healthcare continuum and improving patient care globally. This feature enables timely access to dynamic ECG reports, facilitating efficient diagnoses.

CVIS vendors are also integrating enterprise imaging into their platforms, streamlining data workflows from all departments into a central electronic health record (EHR). This integration creates a single, comprehensive record for each patient, contributing to more effective healthcare management. These technological enhancements in CVIS are key drivers behind the global growth of the cardiovascular information system market.

The increasing prevalence of cardiovascular diseases, coupled with government initiatives to implement electronic health record systems and technological advancements in cardiovascular information systems, has fueled the growth of the healthcare technology market. These trends are expected to continue, providing better tools and systems for the management and treatment of cardiovascular diseases globally.