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

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/