The Cardiovascular Digital Solutions Global Market Report 2023, provides comprehensive information on the cardiovascular digital solutions market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Cardiovascular Digital Solutions Global Market Report 2023, the market size is expected to grow from $82.53 billion in 2022 to $90.84 billion in 2023 at a compound annual growth rate (CAGR) of 10.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global cardiovascular digital solutions market size is expected to reach $128.44 billion in 2027 at a CAGR of 9%.
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Product innovation is a pivotal and fast-emerging trend that has garnered significant attention within the realm of cardiovascular digital solutions. Major enterprises operating in this dynamic market are channeling their resources and expertise towards the development of groundbreaking products aimed at fortifying their market standing. A notable illustration of this forward-looking approach is Eko Health, a distinguished US-based manufacturer specializing in digital health solutions tailored for heart and lung diseases.
In February 2023, Eko Health unveiled the “SENSORA Cardiac Disease Detection Platform,” representing a profound leap in cardiovascular disease detection. SENSORA is an innovative platform that seamlessly amalgamates cutting-edge machine learning techniques with one of the most ubiquitous and essential medical devices, the stethoscope. Eko Health’s ingenuity shines as it pioneers a detection platform poised to expand its purview by developing applications for a spectrum of cardiac disorders. This achievement leverages the potential of digital stethoscopes, recording and meticulously analyzing electrical signals and heart sounds.
The core of SENSORA’s functionality hinges on the integration of artificial intelligence (AI) that exhibits a remarkable ability to consistently identify structural murmurs, a key indicator of heart valve disease. Moreover, the platform incorporates Care Pathway Analytics software, which provides invaluable downstream insights and analytical perspectives on the care process as it unfolds within the healthcare system.
Eko Health’s SENSORA Cardiac Disease Detection Platform is emblematic of the convergence of cutting-edge technology and the imperative of advancing healthcare solutions. It not only redefines the conventional role of the stethoscope but also offers a paradigm shift in disease detection and management. This groundbreaking approach underscores the industry’s unwavering commitment to enhancing patient care, streamlining diagnostics, and harnessing the potential of AI to unlock new frontiers in cardiovascular health. As the market continues to evolve, it is poised to cater to the ever-evolving healthcare landscape, ensuring that cardiovascular digital solutions remain at the forefront of medical progress.
The cardiovascular digital solutions market is segmented:
1) By Services: Unobtrusive Testing, CVD Health Informatics, Cardiac Rehab Programs, Other Services
2) By Components: Devices, Software
3) By Deployment: Cloud-Based, On-Premise
4) By End-Use: Hospitals and Clinics, Ambulatory Care Centers, Other End-Users
Top Major Players
iRythm Technologies Inc.
Apple Inc.
General Electric Company
Uber Diagnostics Private Limite
AlivCor Inc.
North America was the largest region in the cardiovascular digital solutions market in 2022.
The table of contents in TBRC’s cardiovascular digital solutions market report includes:
1. Executive Summary
2. Cardiovascular Digital Solutions Market Characteristics
3. Cardiovascular Digital Solutions Market Trends And Strategies
4. Cardiovascular Digital Solutions Market – Macro Economic Scenario
5. Cardiovascular Digital Solutions Market Size And Growth
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26. Africa Cardiovascular Digital Solutions Market
27. Cardiovascular Digital Solutions Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Cardiovascular Digital Solutions Market
29. Cardiovascular Digital Solutions Market Future Outlook and Potential Analysis
30. Appendix
List Of Tables :
Table 1: Global Historic Market Growth, 2017-2022, $ Billion
Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
Table 3: Global Cardiovascular Digital Solutions Market, Segmentation By Services, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 4: Global Cardiovascular Digital Solutions Market, Segmentation By Components, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 5: Global Cardiovascular Digital Solutions Market, Segmentation By Deployment, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
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Table 47: iRythm Technologies Inc. Financial Performance
Table 48: Apple Inc. Financial Performance
Table 49: General Electric Company Financial Performance
Table 50: Uber Diagnostics Private Limited Financial Performance
Table 51: AlivCor Inc. Financial Performance
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