What is Cardiology IT Workflow Solutions Market?
Cardiology IT workflow solution is the comprehensive workflow, reporting and data management solution for cardiology departments which need to streamline the workflows for electrophysiology implant and non-invasive procedures. It helps to improve efficiency in management and treatment of cardiovascular diseases and emergencies. The solution helps in billing, inventory management, image management, data management, and analysis. Hence, due to these benefits the hospitals and healthcare institutes are adopting the solutions.
The market study is being classified by Type (Echocardiography lab IT workflow solution, Catheterization lab IT workflow solution, Vascular lab IT workflow solution and Electrocardiography data management solution) and major geographies with country level break-up.
BioMedix (United States), Agfa Healthcare NV (Belgium), Cerner Corporation (United States), Cardiac Science Corporation (United States), Consensus Medical Systems, Inc. (Canada), Emageon, Inc. (United States), GE Healthcare Ltd. (United States), Fujifilm Medical Systems (United States), Philips Healthcare (United States), LUMEDX Corporation (United States), Siemens Healthcare (Germany) and Vascular Vision (United States) are some of the key players profiled in the study.
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Cardiology IT Workflow Solutions market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Cardiology IT Workflow Solutions market by Type, Application and Region.
On the basis of geography, the market of Cardiology IT Workflow Solutions has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Rising Number of Cardiology Procedures Being Carried Out
- Benefits Such as Fast and Hassle-Free Access
Market Trend
- Improvements in Technology is Leading to Adoption of IT Workflow Solutions
Restraints
- High Initial Investments Required for Procuring the System
Opportunities
- Government Initiatives is Boosting the Market
- Increased Complexity of Patient’s Data
Challenges
- Stiff Competition among the Major Players
Market Leaders and some development strategies
On August 2019, ZOLL Medical Corporation, an Asahi Kasei Group Company that manufactures medical devices and related software solutions, has confirmed that it has completed the previously announced acquisition of Cardiac Science Corporation. This allows to offer the customers more choices and a stronger AED program management infrastructure to ensure that both families of AEDs are ready when needed.
Key Target Audience
Hospitals, IT workflow solution providers, Government associations, Research organisations and Others