Transparency Market Research

Cardiovascular Imaging and Informatics Market: High Potential for Growth in Asia Pacific, Reports TMR

Transparency Market Research Report Added "Cardiovascular Imaging and Informatics Market" to its database.


Albany, NY -- (SBWIRE) -- 12/06/2016 -- Cardiovascular diseases (CVD) have become a leading cause of mortality across the world. It is thus, essential to diagnose heart condition with the help of cardiovascular imaging test and also the consequent management of any cardiac disorder. This is creating a demand for cardiovascular imaging and informatics. A recent report by Transparency Market Research (TMR), on the global cardiovascular imaging and informatics market states that the global demand for cardiovascular imaging will accelerate on account of high requirements from developing nations in Asia Pacific. The report is titled, 'Cardiovascular Imaging and Informatics Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2016 - 2023.'

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This research report analyzes the cardiovascular imaging and informatics market in terms of revenue. The study explains various advancements in the cardiovascular imaging and informatics market. It comprises key market dynamics such as drivers, restraints, and opportunities, affecting the industry. The industry analysis is done with the help of Porter's five forces model, which analyses the bargaining power of buyers and suppliers, the threat of new entrants, the degree of competition, and the threat of substitutes. The research also provides heat map analysis giving an overview of the competition among the key players.

The growing reliance on imaging modalities is fueling the adoption of imaging informatics and helping the global cardiovascular imaging and informatics market to grow. Some of the most popular imaging modalities which diagnoses CVDs are computed tomography, angiography, echocardiography, nuclear cardiac imaging, cardiac magnetic resonance imaging (cardiac MRI), and cardiac positron emission tomography (cardiac PET).

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The growth of the cardiovascular imaging and informatics market is also driven by the reducing cost of platforms and services. The significant decline in the cost of storage space by players in the market is also boosting their adoption. Players in the cardiovascular imaging and informatics market are focusing on expanding their businesses by introducing innovative solutions and expanding their product portfolio. New product launches are expected to ensure the growth of the market throughout the forecast period. Players in the cardiovascular imaging and informatics market are also participating in strategic mergers, collaborations, partnerships, and agreements with other companies. Some of the key companies in the market are Siemens Healthcare, GE Healthcare, Philips Healthcare, Pie Medical Imaging, Medis Medical Imaging Systems BV, and Circle Cardiovascular Imaging, Inc.

The report discusses the cardiovascular imaging and informatics market's progress in various geographies such as Asia Pacific, Europe, North America, and the Rest of the World. According to the report, the Asia Pacific cardiovascular imaging and informatics market will witness an extensive growth due to growing demand for imaging procedures, a huge population, growing patient pool, and strengthening of the economy. In addition to this, government support to improve the healthcare infrastructure is likely to drive the market's growth in Asia Pacific.

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