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The Cardio Vascular Information System Is Expected To Grow At a CAGR 10.2% by the Year 2024

 



(PharmaNewsWire.Com, January 09, 2018 ) In the market segmentation by system type, the Cardiovascular Information System (CVIS) section is projected to grow at the best CAGR from 2018 to 2024, as a result of the increasing incidence and prevalence of cardiovascular diseases. Cardiovascular Information System deals with the victims suffering from cardiovascular disease (CVD). CVD comprise diseases and disorders related to heart and blood vessels. The main purpose of CVIS is to take care of adequate blood circulation, distribution of nutrients to tissues and the delivery of metabolic wastes to excretory/urinary organs. It is estimated that 90% of CVD is preventable by taking care of health.



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CVIS Segment holds the highest CAGR followed by Service Segment, Web-based Segment, and Hospitals Segment



In the current market, most of the CVIS vendors are driving their solutions to yield single purpose of access with an integrated or a single platform comprised of multiple software system modules. The major factors such as better interoperability, remote access to images and data and to reduce IT burden in hospitals are driving the market to the largest share of service and web-based segments.



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North America will be the foremost leading region in CVIS market.

The dominance of this (North America) region was mainly attributed due to the high adoption of advanced surgical treatments and the rise in awareness of some commercial products. The Asia Pacific is anticipated to witness the fastest growth during the forecast period.



The chief players of the cardiovascular information system are Cook Medical, Inc.; Terumo Cardiovascular Systems Corporation; Cardinal Health, Inc.; B. Braun Melsungen AG; Abbott Laboratories, Inc.; and St. Jude Medical, Inc.



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