A cardiology information system, or CIS, is a software-based collection of clinical data. This information is inserted into the software in a digital format. It assists end users in making various decisions, as well as advancing knowledge and information sharing in the field of cardiology. Because of its reliability, the information it provides, and the images stored in the reports, the demand for cardiovascular information systems has increased in recent years. The data is organised in such a way that it ensures the fast and effective delivery of patient reports.
MARKET SCOPE
The Global Cardiology Information System (CIS) Market Analysis to 2028 is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of the Clinical Information System (CIS) market with detailed market segmentation by system and component. The report provides key statistics on the market status of the leading Clinical Information System (CIS) market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on system the market is segmented as, integrated system and standalone system.
- Based on component the market is segmented as, hardware, services and software.
MARKET DYNAMICS
Drivers:
- Increasing prevalence of cardiovascular diseases is the key driving factor for the market growth.
- Increasing demand for productive data management tools alog with rising adoption of cloud based solutions.
- Favourable government initiatives.
- Increasing number of hospitals is also expected to create significant growth opportunities for the market.
Restraints:
- However, issues such as privacy and security concerns along with high cost involved in CIS are expected to restrain market growth during the forecast period.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Clinical Information System (CIS) market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Clinical Information System (CIS) market in these regions.
IMPACT OF COVID-19 ON CLINICAL INFORMATION SYSTEM (CIS) MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. According to the current market situation, the report further assesses the present and future effects of the COVID-19 pandemic on the overall market, giving more reliable and authentic projections In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the Clinical Information System (CIS) market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Clinical Information System (CIS) market are anticipated to lucrative growth opportunities in the future with the rising demand for Clinical Information System (CIS) in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Clinical Information System (CIS) market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Central Data Networks
- LUMEDX
- ESAOTE SPA
- FUJIFILM Holdings America Corporation
- GENERAL ELECTRIC COMPANY
- IBM
- INFINITT Healthcare Co., Ltd.
- Koninklijke Philips N.V.
- McKesson Corporation
- Siemens Healthcare GmbH