The Virtual Cardiology market growth is driven by the adoption of mobile solutions and connected devices for advanced cardiac care along with growing investment in cardiology informatics.
Virtual cardiology or telecardiology is one of the most prominent telemedicine branches that specialize in the treatment of CVDs or cardiovascular diseases. The technology enables healthcare providers to conveniently access a patient’s cardiac tests, results in the form of images, videos, or textual format. It has been observed for a few years that telecardiology is widely practiced for diagnosing as well as monitoring patients with CVDs, from distant locations.
The increasing adoption of CVD-related systems for cardiac care history is expected to boost virtual cardiology market growth in the forecast period. Moreover, the expanding scope of cardiovascular information systems for virtual cardiology operations for providing a platform to access medical data remotely will further supplement market revenue share through 2027.
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Key Highlights From The Report-
- The market growth is driven by the adoption of mobile solutions and connected devices for advanced cardiac care along with growing investment in cardiology informatics.
- Based on end-use, the hospital sub-segment is forecast to contribute significantly to the virtual cardiology market share over the forecast period. Virtual cardiology has immense potential to improve access to echocardiography diagnoses in the emergency room, newborn nursery, and intensive care unit, which may lead to segmental growth in the coming years.
- In the regional landscape, North America is expected to make significant revenue contributions, holding nearly 45% of the global virtual cardiology market share over the projected timeframe. The rising prevalence of diabetes and cardiovascular diseases across the region will bolster industry growth. Moreover, increased investments in telecardiology technologies, including video conferencing, wearable technologies, and connected cardiology devices, will further foster regional industry size through 2027.
- Key players operating in the global virtual cardiology market are BioTelemetry, McKesson, Biotronik, Cisco Systems, Philips Healthcare, Meddiff Technologies, CompuMed, Medtronic Plc, Roche, Polycom, Huawei Technologies, Honeywell Life Care Solutions, Siemens Healthcare, InTouch Technologies, GE Healthcare, and Vidyo among others.
For the purpose of this report, Emergen Research has segmented the global Virtual Cardiology Market on the basis of product, application, end-user, and region-
Product Outlook (Revenue, USD Billion; 2017-2027)
- IT Services
Application Outlook (Revenue, USD Billion; 2017-2027)
- Health Monitoring
End-User Outlook (Revenue, USD Billion; 2017-2027)
Regional Outlook (Revenue, USD Billion; 2017-2027)
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of APAC
- Latin America
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- Rest of MEA
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