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Cardiology Information Systems Market 2019:Competitive Analysis By GENERAL ELECTRIC COMPANY, Siemens Healthcare Private Limited, Agfa-Gevaert Group, Fujifilm Holdings Corporation, IBM & Others

Global cardiology information systems market is set to witness a substantial CAGR of 8.37% in the forecast period of 2019-2026. The report contains data of the base year 2018 and historic year 2017. The increased market growth can be attributed by increasing cardiovascular diseases.

Cardiology information systems market research report is a very important document in planning business objectives or goals. It is an organized method to bring together and document information about the medical device industry, market, or potential customers. The info covered helps businesses know how patents, licensing agreements and other legal restrictions affect the manufacture and sale of the firm’s products. It is helpful in determining the discount rates, the actual prices and the price ranges, price elasticity for its products. It is helpful in knowing the general conditions prevailing in the mark, the marketing and pricing strategy of competitors.

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Key Market Competitors:

Few of the major competitors currently working in global cardiology information systems market are: McKesson Corporation, Koninklijke Philips N.V., GENERAL ELECTRIC COMPANY, Siemens Healthcare Private Limited, Agfa-Gevaert Group, Fujifilm Holdings Corporation, IBM, Digisonics, Inc, Cerner Corporation, LUMEDX, CREALIFE Medical technology (Beijing) INC, Central Data Networks, INFINITT North America Inc., ESAOTE SPA, ScImage, Inc., Epic Systems Corporation, IBM Watson Health among others.

Competitive Analysis:

Global cardiology information systems market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares Cardiology information systems market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Reasons to Purchase this Report

Current and future of global cardiology information systems market outlook in the developed and emerging markets

The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period

Regions/Countries that are expected to witness the fastest growth rates during the forecast period

The latest developments, market shares, and strategies that are employed by the major market players

Market Drivers

Increasing prevalence of heart disease is propelling the growth of this market

Government support and initiative for promoting the acceptance of electronic medical records will also drive this market growth

Changing lifestyle and food habits acts as a market driver

Rising use of cloud based solutions and acceptance of virtual fractional flow reserve (FFR) technologies is boosting the market growth

Market Restraints

The cost of such devices are quite high and cannot be affordable everyone; this factor acts as a restrain for this market growth

Technical complexity in handling these devices can also impede the market growth

Stringent regulations related to the usage of such devices is another factor hindering this market growth

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Segmentation: Global Cardiology Information Systems Market

By System

Standalone

Integrated System

Cardiology Information System

Cardiology PACS

By Component

Software

Services

Hardware

By Deployment

Web/Cloud-based

On-Premise

By End User

L3A Hospital

L3B and L2 Hospital

By Geography

North America

South America

Europe

Asia-Pacific

Middle East & Africa

Key Developments in the Market:

In March 2019, Carestream Health signed agreement with Koninklijke Philips N.V. which is a leader in health technology, for sell of its healthcare information systems business to Philips. By this acquisition company will enhance its business and product portfolio in healthcare IT business

In February, 2018, Koninklijke Philips N.V., launched IntelliSpace Cardiovascular 4.1, its new-generation cardiovascular image and information management system. This new version provides efficient workflow to clinicians. These new features will also enhance security. By this product launch the company expanded their product portfolio

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Customization of the Report:

All segmentation provided above in this report is represented at country level

All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)

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