The North America Cardiovascular Digital Solutions Market would witness market growth of 3.6% CAGR during the forecast period (2022-2028).
Digital solutions have become a suitable accompaniment to traditional medicine due to their many advantages. These include simplicity of use, shortened development times, flexible delivery platforms, lower treatment costs, personalized treatment options, and improved medication adherence. The overall market is anticipated to increase consistently over time, given the advantages provided by these solutions and the increased desire for digital and remote solutions globally following the pandemic.
Ischemic heart disease, cardiomyopathies, cerebrovascular disease, arrhythmias, rheumatic heart disease, peripheral vascular disease, congenital heart disease, hypertensive heart disease, and other disorders are included in the broad category of CVD. Although non-modifiable factors (such as genetics, age, and sex) are equally significant, most CVD is hastened by mainly metabolic risk factors and modifiable behavioral. The majority of available scientific data currently favors the application of digital technologies in the treatment and management of CVD.
A significant shift has taken place in the US in Cardiovascular care from volume-based, fee-for-service (FFS) payment models to those centered on quality as well as patient outcomes. As a result, value-based care (VBC) payment schemes are available in a spectrum of risk and competency requirements. The transition to VBC payment structures is altering the economics of cardiology providers and putting MedTech manufacturers at risk of commercialization unless they produce unique, significant solutions. In order to encourage new financial structures and provider incentives, MedTech companies are now developing cardiovascular solutions that have clinical and financial value in addition to product performance. Therefore, in the coming years, the expedited incorporation of digital solutions presents robust growth opportunities for the regional market's growth.
The US market dominated the North America Cardiovascular Digital Solutions Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $34,667.6 Million by 2028. The Canada market is poised to grow at a CAGR of 6% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 5.1% during (2022 - 2028).
Based on Service Type, the market is segmented into Unobtrusive Testing, CVD Health Informatics, Cardiac Rehab Programs and Others. Based on End-use, the market is segmented into Hospitals & Clinics, Ambulatory Care Centers and Others. Based on Deployment, the market is segmented into Cloud-Based and On-premise. Based on Components, the market is segmented into Devices and Software. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Cardiovascular Digital Solutions Market is Predict to reach $128.1 Billion by 2028, at a CAGR of 4.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Apple, Inc., General Electric Company, Koninklijke Philips N.V., Verily Life Sciences LLC (Alphabet, Inc.), iRhythm Technologies, Inc., Bardy Diagnostics, Inc. (Hill-Rom Holdings Inc) (Baxter International Inc.), eviCore Healthcare (Express Scripts Holding Company) (Cigna Corporation), AliveCor, Inc., Cardiotrack, and HeartFlow, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Service Type
- Unobtrusive Testing
- CVD Health Informatics
- Cardiac Rehab Programs
- Others
By End-use
- Hospitals & Clinics
- Ambulatory Care Centers
- Others
By Deployment
By Components
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Apple, Inc.
- General Electric Company
- Koninklijke Philips N.V.
- Verily Life Sciences LLC (Alphabet, Inc.)
- iRhythm Technologies, Inc.
- Bardy Diagnostics, Inc. (Hill-Rom Holdings Inc) (Baxter International Inc.)
- eviCore Healthcare (Express Scripts Holding Company) (Cigna Corporation)
- AliveCor, Inc.
- Cardiotrack
- HeartFlow, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Cardiovascular Digital Solutions Market, by Service Type
1.4.2 North America Cardiovascular Digital Solutions Market, by End-use
1.4.3 North America Cardiovascular Digital Solutions Market, by Deployment
1.4.4 North America Cardiovascular Digital Solutions Market, by Components
1.4.5 North America Cardiovascular Digital Solutions Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions : 2018, Aug – 2022, Nov) Leading Players
Chapter 4. North America Cardiovascular Digital Solutions Market by Service Type
4.1 North America Unobtrusive Testing Market by Country
4.2 North America CVD Health Informatics Market by Country
4.3 North America Cardiac Rehab Programs Market by Country
4.4 North America Others Market by Country
Chapter 5. North America Cardiovascular Digital Solutions Market by End-use
5.1 North America Hospitals & Clinics Market by Country
5.2 North America Ambulatory Care Centers Market by Country
5.3 North America Others Market by Country
Chapter 6. North America Cardiovascular Digital Solutions Market by Deployment
6.1 North America Cloud-Based Market by Country
6.2 North America On-premise Market by Country
Chapter 7. North America Cardiovascular Digital Solutions Market by Components
7.1 North America Devices Market by Country
7.2 North America Software Market by Country
Chapter 8. North America Cardiovascular Digital Solutions Market by Country
8.1 US Cardiovascular Digital Solutions Market
8.1.1 US Cardiovascular Digital Solutions Market by Service Type
8.1.2 US Cardiovascular Digital Solutions Market by End-use
8.1.3 US Cardiovascular Digital Solutions Market by Deployment
8.1.4 US Cardiovascular Digital Solutions Market by Components
8.2 Canada Cardiovascular Digital Solutions Market
8.2.1 Canada Cardiovascular Digital Solutions Market by Service Type
8.2.2 Canada Cardiovascular Digital Solutions Market by End-use
8.2.3 Canada Cardiovascular Digital Solutions Market by Deployment
8.2.4 Canada Cardiovascular Digital Solutions Market by Components
8.3 Mexico Cardiovascular Digital Solutions Market
8.3.1 Mexico Cardiovascular Digital Solutions Market by Service Type
8.3.2 Mexico Cardiovascular Digital Solutions Market by End-use
8.3.3 Mexico Cardiovascular Digital Solutions Market by Deployment
8.3.4 Mexico Cardiovascular Digital Solutions Market by Components
8.4 Rest of North America Cardiovascular Digital Solutions Market
8.4.1 Rest of North America Cardiovascular Digital Solutions Market by Service Type
8.4.2 Rest of North America Cardiovascular Digital Solutions Market by End-use
8.4.3 Rest of North America Cardiovascular Digital Solutions Market by Deployment
8.4.4 Rest of North America Cardiovascular Digital Solutions Market by Components
Chapter 9. Company Profiles
9.1 Apple, Inc.
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Regional Analysis
9.1.4 Research & Development Expense
9.1.5 SWOT Analysis
9.2 General Electric Company
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expense
9.2.5 Recent strategies and developments:
9.2.5.1 Partnerships, Collaborations, and Agreements:
9.2.5.2 Product Launches and Product Expansions:
9.2.5.3 Acquisition and Mergers:
9.3 Koninklijke Philips N.V.
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expense
9.3.5 Recent strategies and developments:
9.3.5.1 Partnerships, Collaborations, and Agreements:
9.3.5.2 Product Launches and Product Expansions:
9.3.5.3 Acquisition and Mergers:
9.4 Verily Life Sciences LLC (Alphabet, Inc.)
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expense
9.4.5 Recent strategies and developments:
9.4.5.1 Product Launches and Product Expansions:
9.5 iRhythm Technologies, Inc.
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Research & Development Expense
9.6 Bardy Diagnostics, Inc.(Hill-Rom Holdings Inc)(Baxter International Inc.)
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental Analysis
9.6.4 Research & Development Expense
9.6.5 Recent strategies and developments:
9.6.5.1 Product Launches and Product Expansions:
9.7 eviCore Healthcare (Express Scripts Holding Company) (Cigna Corporation)
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental Analysis
9.8 AliveCor, Inc.
9.8.1 Company Overview
9.8.2 Recent strategies and developments:
9.8.2.1 Partnerships, Collaborations, and Agreements:
9.8.2.2 Product Launches and Product Expansions:
9.9 Cardiotrack
9.9.1 Company Overview
9.10. HeartFlow, Inc.
9.10.1 Company Overview
TABLE 1 North America Cardiovascular Digital Solutions Market, 2018 - 2021, USD Million
TABLE 2 North America Cardiovascular Digital Solutions Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Cardiovascular Digital Solutions Market
TABLE 4 Product Launches And Product Expansions– Cardiovascular Digital Solutions Market
TABLE 5 Acquisition and Mergers– Cardiovascular Digital Solutions Market
TABLE 6 North America Cardiovascular Digital Solutions Market by Service Type, 2018 - 2021, USD Million
TABLE 7 North America Cardiovascular Digital Solutions Market by Service Type, 2022 - 2028, USD Million
TABLE 8 North America Unobtrusive Testing Market by Country, 2018 - 2021, USD Million
TABLE 9 North America Unobtrusive Testing Market by Country, 2022 - 2028, USD Million
TABLE 10 North America CVD Health Informatics Market by Country, 2018 - 2021, USD Million
TABLE 11 North America CVD Health Informatics Market by Country, 2022 - 2028, USD Million
TABLE 12 North America Cardiac Rehab Programs Market by Country, 2018 - 2021, USD Million
TABLE 13 North America Cardiac Rehab Programs Market by Country, 2022 - 2028, USD Million
TABLE 14 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 15 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 16 North America Cardiovascular Digital Solutions Market by End-use, 2018 - 2021, USD Million
TABLE 17 North America Cardiovascular Digital Solutions Market by End-use, 2022 - 2028, USD Million
TABLE 18 North America Hospitals & Clinics Market by Country, 2018 - 2021, USD Million
TABLE 19 North America Hospitals & Clinics Market by Country, 2022 - 2028, USD Million
TABLE 20 North America Ambulatory Care Centers Market by Country, 2018 - 2021, USD Million
TABLE 21 North America Ambulatory Care Centers Market by Country, 2022 - 2028, USD Million
TABLE 22 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 23 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 24 North America Cardiovascular Digital Solutions Market by Deployment, 2018 - 2021, USD Million
TABLE 25 North America Cardiovascular Digital Solutions Market by Deployment, 2022 - 2028, USD Million
TABLE 26 North America Cloud-Based Market by Country, 2018 - 2021, USD Million
TABLE 27 North America Cloud-Based Market by Country, 2022 - 2028, USD Million
TABLE 28 North America On-premise Market by Country, 2018 - 2021, USD Million
TABLE 29 North America On-premise Market by Country, 2022 - 2028, USD Million
TABLE 30 North America Cardiovascular Digital Solutions Market by Components, 2018 - 2021, USD Million
TABLE 31 North America Cardiovascular Digital Solutions Market by Components, 2022 - 2028, USD Million
TABLE 32 North America Devices Market by Country, 2018 - 2021, USD Million
TABLE 33 North America Devices Market by Country, 2022 - 2028, USD Million
TABLE 34 North America Software Market by Country, 2018 - 2021, USD Million
TABLE 35 North America Software Market by Country, 2022 - 2028, USD Million
TABLE 36 North America Cardiovascular Digital Solutions Market by Country, 2018 - 2021, USD Million
TABLE 37 North America Cardiovascular Digital Solutions Market by Country, 2022 - 2028, USD Million
TABLE 38 US Cardiovascular Digital Solutions Market, 2018 - 2021, USD Million
TABLE 39 US Cardiovascular Digital Solutions Market, 2022 - 2028, USD Million
TABLE 40 US Cardiovascular Digital Solutions Market by Service Type, 2018 - 2021, USD Million
TABLE 41 US Cardiovascular Digital Solutions Market by Service Type, 2022 - 2028, USD Million
TABLE 42 US Cardiovascular Digital Solutions Market by End-use, 2018 - 2021, USD Million
TABLE 43 US Cardiovascular Digital Solutions Market by End-use, 2022 - 2028, USD Million
TABLE 44 US Cardiovascular Digital Solutions Market by Deployment, 2018 - 2021, USD Million
TABLE 45 US Cardiovascular Digital Solutions Market by Deployment, 2022 - 2028, USD Million
TABLE 46 US Cardiovascular Digital Solutions Market by Components, 2018 - 2021, USD Million
TABLE 47 US Cardiovascular Digital Solutions Market by Components, 2022 - 2028, USD Million
TABLE 48 Canada Cardiovascular Digital Solutions Market, 2018 - 2021, USD Million
TABLE 49 Canada Cardiovascular Digital Solutions Market, 2022 - 2028, USD Million
TABLE 50 Canada Cardiovascular Digital Solutions Market by Service Type, 2018 - 2021, USD Million
TABLE 51 Canada Cardiovascular Digital Solutions Market by Service Type, 2022 - 2028, USD Million
TABLE 52 Canada Cardiovascular Digital Solutions Market by End-use, 2018 - 2021, USD Million
TABLE 53 Canada Cardiovascular Digital Solutions Market by End-use, 2022 - 2028, USD Million
TABLE 54 Canada Cardiovascular Digital Solutions Market by Deployment, 2018 - 2021, USD Million
TABLE 55 Canada Cardiovascular Digital Solutions Market by Deployment, 2022 - 2028, USD Million
TABLE 56 Canada Cardiovascular Digital Solutions Market by Components, 2018 - 2021, USD Million
TABLE 57 Canada Cardiovascular Digital Solutions Market by Components, 2022 - 2028, USD Million
TABLE 58 Mexico Cardiovascular Digital Solutions Market, 2018 - 2021, USD Million
TABLE 59 Mexico Cardiovascular Digital Solutions Market, 2022 - 2028, USD Million
TABLE 60 Mexico Cardiovascular Digital Solutions Market by Service Type, 2018 - 2021, USD Million
TABLE 61 Mexico Cardiovascular Digital Solutions Market by Service Type, 2022 - 2028, USD Million
TABLE 62 Mexico Cardiovascular Digital Solutions Market by End-use, 2018 - 2021, USD Million
TABLE 63 Mexico Cardiovascular Digital Solutions Market by End-use, 2022 - 2028, USD Million
TABLE 64 Mexico Cardiovascular Digital Solutions Market by Deployment, 2018 - 2021, USD Million
TABLE 65 Mexico Cardiovascular Digital Solutions Market by Deployment, 2022 - 2028, USD Million
TABLE 66 Mexico Cardiovascular Digital Solutions Market by Components, 2018 - 2021, USD Million
TABLE 67 Mexico Cardiovascular Digital Solutions Market by Components, 2022 - 2028, USD Million
TABLE 68 Rest of North America Cardiovascular Digital Solutions Market, 2018 - 2021, USD Million
TABLE 69 Rest of North America Cardiovascular Digital Solutions Market, 2022 - 2028, USD Million
TABLE 70 Rest of North America Cardiovascular Digital Solutions Market by Service Type, 2018 - 2021, USD Million
TABLE 71 Rest of North America Cardiovascular Digital Solutions Market by Service Type, 2022 - 2028, USD Million
TABLE 72 Rest of North America Cardiovascular Digital Solutions Market by End-use, 2018 - 2021, USD Million
TABLE 73 Rest of North America Cardiovascular Digital Solutions Market by End-use, 2022 - 2028, USD Million
TABLE 74 Rest of North America Cardiovascular Digital Solutions Market by Deployment, 2018 - 2021, USD Million
TABLE 75 Rest of North America Cardiovascular Digital Solutions Market by Deployment, 2022 - 2028, USD Million
TABLE 76 Rest of North America Cardiovascular Digital Solutions Market by Components, 2018 - 2021, USD Million
TABLE 77 Rest of North America Cardiovascular Digital Solutions Market by Components, 2022 - 2028, USD Million
TABLE 78 Key Information – Apple, Inc.
TABLE 79 KEY INFORMATION – GENERAL ELECTRIC Company
TABLE 80 Key Information – Koninklijke Philips N.V.
TABLE 81 Key Information – Verily Life Sciences LLC
TABLE 82 key information – iRhythm Technologies, Inc.
TABLE 83 Key Information – Bardy Diagnostics, Inc
TABLE 84 Key Information – eviCore Healthcare
TABLE 85 Key Information – AliveCor, Inc.
TABLE 86 Key Information – Cardiotrack
TABLE 87 Key Information – HeartFlow, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions : 2018, aug – 2022, nov) Leading Players
FIG 5 SWOT Analysis: apple, Inc.
FIG 6 Recent strategies and developments: General Electric Company
FIG 7 Recent strategies and developments: Koninklijke Philips N.V.