Rapid Digitalization of Healthcare Drives the Global Cardiology IT Workflow Solutions Market, According to New Report by Global Industry Analysts, Inc.

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GIA announces the release of a comprehensive global report on Cardiology IT Workflow Solutions markets. The global market for Cardiology IT Workflow Solutions is projected to reach US$1.2 billion by 2018, primarily driven by increasing prevalence of cardiovascular diseases and subsequent rise in cardiac care procedures across the globe. Rapid digitalization of healthcare, continuous innovation, and effervescent product development also augur well for the future of this market.

Cardiology IT Workflow Solutions: A Global Strategic Business Report

Follow us on LinkedIn – An important branch of medicine, cardiology is a rapidly expanding field of healthcare. The number of therapeutic and diagnostic cardiology procedures is expected to register a considerable jump through the year 2018 as a result of the aging population, increased prevalence of cardiovascular diseases among the younger population as a result of lifestyle factors (sedentary lifestyles, high calorie, fatty diets, lack of exercise, etc.,) and increased diagnosis of other primary health disorders, such as, diabetes. Radical/revolutionary as well as incremental technology developments in interventional cardiology, electrophysiology and cardiac imaging coupled with the establishment of numerous new cardiology intensive care units and cardiac catheterization laboratories, is also helping spur growth in cardiac care, ballooning the already robust cardiovascular service line.

Against the backdrop of scientific, social, and demographic demand catalysts for cardiovascular care, demand for cardiology IT systems is on the rise as hospitals attempt to reduce the cost burden of cardiac diseases by increasing the quality of cardiac care while simultaneously reducing patient care costs. Cardiology IT workflow solutions especially are finding increased use as they enable healthcare providers to effectively gather data from numerous cardiology modalities for hospital wide integration and collaboration, which in turn helps in closing service gaps in patient care.

The digitalization trend in the healthcare industry, as evident by rapid transition of healthcare organizations to a paperless environment, bodes well for the cardiology IT workflow solutions market. Cardiology IT workflow solutions reduce the amount of paperwork traditionally associated with cardiac care in relation to patient scheduling, report generation and billing. Improved workflow, reduced paperwork, and streamlined data input through the entire length and breadth of the cardiology clinical consultation and treatment process (comprising of cardiology pharmacy, laboratory, radiology prescription creation, real time data entry during surgery) make cardiology workflow IT solutions a worthy investment for healthcare organizations. The ability to automate tasks, which creates increased workflow efficiencies by reducing the time spent in manually inputting the data that is prone to error, especially stands out as a significant factor driving investments on cardiology IT workflow solutions.

Growth in the market over the next few years will also be driven by continued innovation and effervescent product developments. New product releases by cardiology software vendors, for instance, will especially result in incremental feature and performance improvements of software solutions. For instance, newer released versions of cardiology IT workflow solutions feature customized structured worksheets for flexible and intuitive report generation, inclusion of innovative modules for administrative reporting for proactive department management, clinical notification features that enable appropriate highlighting of important patient related clinical data that demands prompt and immediate awareness of the same by the physician. In addition to improvements in software scalability, reliability and performance, vendors are also integrating cutting edge algorithm for web distribution of patient data for remote and easy/flexible data access and viewing.

As stated by the new market research report on Cardiology IT Workflow Solutions, the US represents the largest regional market. Europe, on the other hand, is projected to grow at a CAGR of about 7.3% over the analysis period.

Major players in the global marketplace include Agfa Healthcare NV, Consensus Medical Systems, Inc., Cardiac Science Corporation, Digisonics, Epiphany Cardiography Products LLC, FUJIFILM Holdings America Corporation, GE Healthcare Ltd., LUMEDX Corporation, McKesson Corp., Merge Healthcare Incorporated, Medstreaming, Mortara Instrument, Inc., Philips Healthcare, Siemens Healthcare, and Wolters Kluwer Health, among others.

The research report titled “Cardiology IT Workflow Solutions: A Global Strategic Business Report” announced by Global Industry Analysts, Inc., provides a comprehensive review of market trends, issues, drivers, company profiles, mergers, acquisitions and other strategic industry activities. The report provides market estimates and projections (in US$ million) for major geographic markets including the US, Canada, Japan, Europe, and Rest of World.

For more details about this comprehensive market research report, please visit –
http://www.strategyr.com/Cardiology_IT_WorkFlow_Solutions_Market_Report.asp

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.

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Global Industry Analysts, Inc.
Telephone: 408-528-9966
Fax: 408-528-9977
Email: press(at)StrategyR(dot)com
Web Site: http://www.StrategyR.com/

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