Paul Thomen

Wednesday, 2 April 2014

Cardiovascular Information System Market (CIVS) Forecasts to 2018

The global CVIS market was valued at an estimated $160.0 Million in 2013 and is expected to reach $232.9 Million by 2018, growing at a CAGR of 7.8% from2013 and 2018. The report segments this market based on application areas, provider entity capacity, components, delivery modes, and geography. Among various application areas, the echocardiography lab CVIS solution commanded the largest share in 2013 and is forecasted to be the fastest-growing segment in the CVIS market.Factors such as theneed to curb the mortality rate due to cardiovascular diseases, necessity to streamline workflow across the cardiac care department, need to reduce healthcare cost, and the increasing requirement to overcome the issue with ‘data silos’ have increased the demand for CVIS.

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