Cardiology is a fast-emerging field of remote healthcare. Virtual cardiology, like many other areas of telehealth, pushed the boundaries of healthcare, evolving to be an important component of the digital transformation of cardiovascular care. Virtual or automated heart surgery, is one of the leading specialties of telemedicine dealing with heart disease (CVDs). It provides easy access to cardiac data from patients such as test scores, reading reports, or imagery. It is practiced widely to diagnose and monitor health problems with the added advantage of the process being carried out from a distant location, thus foregoing the need for patients to travel to hospitals or diagnostic centres.
In recent years, a wide variety of digital health platforms have appeared, including remotely monitored instruments, coaching apps for disease management, chatbots for urgent care, and many others. Cardiology specialists are able to monitor patients’ heart-related data in the virtual cardiology space, which provides timely access to essential information, and facilitates early diagnosis and treatment. These telemedicine services provide emergency medical care, where physicians can consult with patients via video conferencing. These applications are found in advanced cardiovascular research, education and training, and a virtual cardiology service.
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The COVID-19 pandemic has played a vital role in accelerating the growth of the virtual cardiology market. The pandemic has caused nationwide lockdowns and patients with weak immunity and fragile health have been advised to stay away from hospitals as healthcare centres are apparently hotbeds of infection. But patients with cardiovascular disease need attention and monitoring, which has widened the opportunity for virtual cardiology industry.
Top Companies Operating in Virtual Cardiology Market are:
BioTelemetry, Biotronik, McKesson, Philips Healthcare, GE Healthcare, Cisco Systems, Honeywell Life Care Solutions, Roche, CompuMed, Huawei Technologies, Meddiff Technologies, InTouch Technologies, Siemens Healthcare, Medtronic Plc, Polycom, Vidyo among others.
Key Highlights from the Report:
- The factors responsible for the growth of the global market include the growing investment in cardiology informatics accompanied by the development of connected devices and mobile solutions for advanced cardiac care.
- The increase in healthcare spending on ICT has prompted the development and implementation of advanced networking solutions to monitor the speed of medical data transfer.
- Due to the rapid rate of adopting technology in primary and secondary healthcare, the global virtual cardiology market is projected to expand over the next few years.
- The growing adoption of CVD-related systems in cardiac care history is one of the latest trends currently observed in the virtual cardiology industry. It is well-known that CVIS has expanded the scope of virtual cardiology operations, providing an integrated bedside platform to access medical data remotely.
- North America is the largest market, with nearly half of the worldwide market share. An important market growth driver is a growing incidence of cardiovascular disease and diabetes throughout the region. In addition, increasing investments in virtual cardiology technologies will spur the region’s growth in the healthcare industry.
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Emergen Research has segmented the global virtual cardiology market on the basis of product type, application, and region:
Product Type Outlook (Revenue, USD Billion; 2017-2027)
- IT Services
Application Outlook (Revenue, USD Billion; 2017-2027)
- Health Monitoring
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Regional Outlook (Revenue, USD Billion; 2017-2027)
- North America
- o U.S.
- o Canada
- o Mexico
- o Germany
- o U.K.
- o France
- o BENELUX
- o Rest of Europe
- Asia Pacific
- o China
- o Japan
- o South Korea
- o India
- o Rest of APAC
- Latin America
- o Brazil
- o Rest of LATAM
- Middle East & Africa
- o Saudi Arabia
- o U.A.E.
- o Rest of MEA
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