Dublin, March 01, 2024 (GLOBE NEWSWIRE) -- The "Cardiology IT Workflow Solutions - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
Global Cardiology IT Workflow Solutions Market to Reach $1.8 Billion by 2030
The global market for Cardiology IT Workflow Solutions estimated at US$969 Million in the year 2022, is projected to reach a revised size of US$1.8 Billion by 2030, growing at a CAGR of 7.8% over the analysis period 2022-2030. Cloud, one of the segments analyzed in the report, is projected to record 8.9% CAGR and reach US$1.1 Billion by the end of the analysis period. Growth in the On-Premise segment is estimated at 6.1% CAGR for the next 8-year period. 
Cardiology IT workflow solutions have seen a significant rise in adoption, driven by the increasing reliance on IT for managing patient data in cardiology departments globally. This trend is supported by the integration of IT solutions, which bring numerous benefits to cardiology departments, including enhanced efficiency and data management.
The use of analytics software further strengthens the capabilities of these solutions, providing valuable insights for healthcare providers. As the healthcare industry continues to evolve, especially in the post-COVID-19 period, the cardiology IT workflow solutions market is expected to witness continued growth and innovation. Recent market activity reflects the ongoing development and adoption of these solutions, with players worldwide showcasing varying degrees of competitive market presence in 2023.
The U.S. Market is Estimated at $453.1 Million, While China is Forecast to Grow at 9.7% CAGR
The Cardiology IT Workflow Solutions market in the U.S. is estimated at US$453.1 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$123.8 Million by the year 2030 trailing a CAGR of 9.7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.9% and 7.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 7.6% CAGR.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 474 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $969 Million |
| Forecasted Market Value (USD) by 2030 | $1800 Million |
| Compound Annual Growth Rate | 8.0% |
| Regions Covered | Global |
MARKET OVERVIEW
- Cardiology IT Workflow Solutions - Global Key Competitors Percentage Market Share in 2023 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
- Rise of IT in Healthcare Provides the Foundation for the Adoption of Cardiology IT Workflow Solutions
- Growing Reliance on IT for Clinical Management of Patient Data Brings Cardiology IT Workflow Solutions into a Mainstream Technology in Cardiology Departments Worldwide
- How Implementation of Integrated IT Solutions is Benefitting Cardiology Departments
- How Use of Analytics Software Can Help Cardiology Centers and Departments
- Cardiology IT Workflow Solutions: Definition, Importance & Benefits
- Here's What to Expect in the Cardiology IT Workflow Solutions Market in the Post COVID-19 Period
- Recent Market Activity
- Innovations
MARKET TRENDS & DRIVERS
- COVID-19 Accelerates Digitalization of Healthcare
- Digitalization to Revolutionize Healthcare & Boost the Role of IT in care Delivery & Management: Global Opportunity for Digital Health (In US$ Billion) for Years 2021, 2023, 2025 and 2027
- Impact of Covid-19 Pandemic on Cardiology Space
- Pent-up Demand and Emphasis on Reshaping Post-Pandemic Healthcare to Give a Boost to Market Prospects
- Rising Global Burden of Cardiovascular Diseases, Despite Efforts Aimed at Prevention, to Spur Growth in the Market
- Robust Spending on Heart Disease Diagnosis & Treatments Strengthens the Business Case for Investments in Cardiology IT Workflow Solutions: Annual Medical Cost of Cardiovascular Diseases (CVD) in the United States for Years 2020, 2025, 2030 and 2035 (In US$ Billion)
- Mobile Software Solutions Emerge to Improve Cardiology Workflows
- Artificial Intelligence (AI) to Revolutionize Cardiology Workflow Management
- Launch of New and Revamped Platforms Bodes Well for Market Growth
FOCUS ON SELECT PLAYERS(Total 104 Featured)
- Boston Scientific Corporation
- Carestream Health, Inc.
- Cerner Corporation
- Agfa Healthcare NV
- Canon Medical Systems Corporation
- 1st Providers Choice
- Athenahealth, Inc.
- Advanced Data Systems Corporation (ADS)
- CareCloud, Inc.
- Bizmatics, Inc. (PrognoCIS)
- ChartLogic
- Change Healthcare
- Capminds Technologies
- CardioComm Solutions, Inc.
- Cedaron
For more information about this report visit https://www.researchandmarkets.com/r/780oq4
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