Cardiovascular Digital Solutions Market Segments, Drivers, Restraints, And Trends For 2024-2033
Cardiovascular Digital Solutions Global Market Report 2024 – Market Size, Trends, And Forecast 2024-2033
LONDON, GREATER LONDON, UNITED KINGDOM, September 30, 2024 /EINPresswire.com/ --
The cardiovascular digital solutions market has experienced robust growth in recent years, expanding from $91.02 billion in 2023 to $100.81 billion in 2024 at a compound annual growth rate (CAGR) of 10.8%. The growth in the historic period can be attributed to rise in cardiovascular diseases, telemedicine adoption, data analytics for risk prediction, patient engagement initiatives, remote patient monitoring.
What Is The Estimated Market Size Of The Global Cardiovascular Digital Solutions Market And Its Annual Growth Rate?
The cardiovascular digital solutions market is projected to continue its strong growth, reaching $147.86 billion in 2028 at a compound annual growth rate (CAGR) of 10.1%. The growth in the forecast period can be attributed to artificial intelligence and machine learning integration, expanding role of digital biomarkers, remote cardiac rehabilitation programs, interoperability of healthcare systems, focus on real-time monitoring and alerts.
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Growth Driver Of The Cardiovascular Digital Solutions Market
The rise in cardiovascular disease prevalence worldwide is expected to propel the growth of the cardiovascular digital solutions market going forward. Heart and blood vessel problems are referred to as cardiovascular diseases (CVDs). It is a common phrase for diseases that damage the heart or blood vessels. Cardiovascular digital solutions aid in promoting patient autonomy by allowing patients to self-monitor health activities that decrease disease risk factors while encouraging adherence to these lifestyle changes. The use of these solutions decreased the morbidity and mortality of cardiovascular diseases. So, the surge in cases of cardiovascular diseases boosts the market for cardiovascular digital solutions.
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Which Market Players Are Steering The Cardiovascular Digital Solutions Market Growth?
Key players in the market include iRythm Technologies Inc., Apple Inc., General Electric Company, Uber Diagnostics Private Limited, AlivCor Inc., Verily Life Sciences, HeartFlow Inc., Bardy Diagnostics Inc., BioTelemetry Inc., eviCore healthcare, Nanowear Inc., Cardiac Insight Inc., Bay Labs Solutions, Change Healthcare, Medtronic PLC, BenevolentAI Limited, Cardiologs Technologies, Cardiopulmonary Corp., Congenica Ltd., Cyient Limited, Data4Cure Inc., Deep Genomics Incorporated, DNAnexus Inc., Emedgene Technologies Ltd., Fabric Genomics Inc., FDNA Inc., Freenome Holdings Inc., GNS Healthcare, IBM Watson Health, Illumina Inc., Microsoft Corporation, Niramai Health Analytix, NVIDIA Corporation, Omron Healthcare Co. Ltd.
What Are The Key Trends That Influence Cardiovascular Digital Solutions Market Share And Analysis?
Major companies operating in the market are focused on developing revolutionary therapeutics solutions, such as digital therapeutics solutions, to provide cardiac care. A digital therapeutics solution refers to a technology-based intervention or software designed to prevent, manage, or treat specific medical conditions.
How Is The Global Cardiovascular Digital Solutions Market Segmented?
1) By Components: Devices, Software
2) By Services: Unobtrusive Testing, CVD Health Informatics, Cardiac Rehab Programs, Other Services
3) By Deployment: Cloud-Based, On-Premise
4) By End-Use: Hospitals and Clinics, Ambulatory Care Centers, Other End-Users
Geographical Insights: North America Leading The Cardiovascular Digital Solutions Market
North America was the largest region in the market in 2023. Asia-Pacific is expected to be the fastest-growing region in the report during the forecast period. The regions covered in the report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Cardiovascular Digital Solutions Market Definition
Cardiovascular digital solutions refer to the utilization of technological solutions with personalized approaches to cardiovascular diagnosis and treatment by using wearables, smartphones, software, sensors, and artificial intelligence. These are used to promote adherence to lifestyle changes and increase patient autonomy by enabling patients to self-monitor health interventions.
Cardiovascular Digital Solutions Global Market Report 2024 from TBRC covers the following information:
• Market size data for the forecast period: Historical and Future
• Macroeconomic factors affecting the market in the short and long run
• Analysis of the macro and micro economic factors that have affected the market in the past five years
• Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
An overview of the global cardiovascular digital solutions market report covering trends, opportunities, strategies, and more
The Cardiovascular Digital Solutions Global Market Report 2024 by The Business Research Company is the most comprehensive report that provides insights on cardiovascular digital solutions market size, cardiovascular digital solutions market drivers and trends, cardiovascular digital solutions market major players and cardiovascular digital solutions market growth across geographies. This report helps you gain in-depth insights into opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.
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