The Global Cardiovascular Digital Solutions Market is Predict to reach $128.1 Billion by 2028, at a CAGR of 4.8%

Published Date: 28-Feb-2023

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Cardiovascular Digital Solutions Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Cardiovascular Digital Solutions Market size is expected to reach $128.1 billion by 2028, rising at a market growth of 4.8% CAGR during the forecast period.

The CVD Health Informatics segment is showcasing a CAGR of 5% during (2022 - 2028). CVD health informatics deal with the assessment of all stages of data processing from the CVD system for the early detection & diagnosis of cardiovascular issues. Healthcare professionals can assess the physiological considerations in real-time and respond quickly in an emergency using informatics tools like medical sensors, mobile health or m-Health, and communications technologies.

The Hospitals & Clinics segment is leading the Global Cardiovascular Digital Solutions Market by End-use in 2021 thereby, achieving a market value of $64.3 billion by 2028. Hospitals and clinics that have effective cardiac management can automate patient communications, improve their operational effectiveness, and offer patients standardized and clear pathways for cardiovascular care. It is normal to practice cardiovascular care by using techniques that consider unique patient characteristics. The optimization of treatments in a less intrusive way for the patient is made possible by a personalized approach and advanced planning of the cardiac treatment.

The On-premise segment has shown the growth rate of 1.9% during (2022 - 2028). On-premises models are preferred because of the advanced data protection that this deployment mode provides. It is simpler to comply with local government regulations. Additionally, large healthcare companies have more control over their sensitive data when digital solutions or platforms are deployed on-premises.

The Devices segment is generating highest revenue share in the Global Cardiovascular Digital Solutions Market by Components in 2021 thereby, achieving a market value of $93.4 billion by 2028. Growth is attributable to recent advancements in using cardiac devices to treat cardiovascular illness. Some examples of cardiac devices include pacemakers, cardiac loop recorders, prosthetic heart valves, automated external defibrillators, stents, and other implantable electronic devices. In persons with heart rhythm abnormalities and heart failure, these cardiovascular monitoring devices have been reported to be quite successful at maintaining normal heart function and keeping an eye on irregular heartbeats.

The North America market dominated the Global Cardiovascular Digital Solutions Market by Region in 2021 and would continue to be a dominant market till 2028; thereby, achieving a market value of $48 billion by 2028. The Europe market is exhibiting a CAGR of 4.1% during (2022 - 2028). Additionally, The Asia Pacific market would showcase a CAGR of 5.8% during (2022 - 2028).

Full Report:

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Apple, Inc., General Electric Company, Koninklijke Philips N.V., Verily Life Sciences LLC (Alphabet, Inc.), iRhythm Technologies, Inc., Bardy Diagnostics, Inc. (Hill-Rom Holdings Inc) (Baxter International Inc.), eviCore Healthcare (Express Scripts Holding Company) (Cigna Corporation), AliveCor, Inc., Cardiotrack, and HeartFlow, Inc.

Global Cardiovascular Digital Solutions Market Segmentation

By Service Type

  • Unobtrusive Testing
  • CVD Health Informatics
  • Cardiac Rehab Programs
  • Others

By End-use

  • Hospitals & Clinics
  • Ambulatory Care Centers
  • Others

By Deployment

  • Cloud-Based
  • On-premise

By Components

  • Devices
  • Software

By Geography

  • North America
    • US
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Singapore
    • Malaysia
    • Rest of Asia Pacific
    • Brazil
    • Argentina
    • UAE
    • Saudi Arabia
    • South Africa
    • Nigeria
    • Rest of LAMEA

Companies Profiled

  • Apple, Inc.
  • General Electric Company
  • Koninklijke Philips N.V.
  • Verily Life Sciences LLC (Alphabet, Inc.)
  • iRhythm Technologies, Inc.
  • Bardy Diagnostics, Inc. (Hill-Rom Holdings Inc) (Baxter International Inc.)
  • eviCore Healthcare (Express Scripts Holding Company) (Cigna Corporation)
  • AliveCor, Inc.
  • Cardiotrack
  • HeartFlow, Inc.

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Related Reports:

North America Cardiovascular Digital Solutions Market Future Scope & Opportunities 2022-2028

Europe Cardiovascular Digital Solutions Market Size & Growth Forecast 2022-2028

Asia Pacific Cardiovascular Digital Solutions Market Size, Share & Industry Outlook to 2028

LAMEA Cardiovascular Digital Solutions Market Growth, Trends & Forecasts 2022-2028

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