Top Growth Trends in the Cardiovascular Digital Solutions Market: Key Insights and Opportunities for 2025-2034
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How has the cardiovascular digital solutions market grown in recent years?
There has been significant growth in the size of the cardiovascular digital solutions market in the last few years. The market is expected to expand from a $98.23 billion value in 2024 to $108.04 billion in 2025, at a compound annual growth rate of 10.0%. This historical expansion can be linked to an increase in cardiovascular illnesses, the use of telemedicine, predictive data analytics for risks, efforts to engage patients, and remote patient monitoring.
How is the cardiovascular digital solutions market size expected to evolve during the forecast period?
The market size for cardiovascular digital solutions is predicted to witness a swift expansion in the coming years, reaching a worth of $161.57 billion by 2029, with a compound annual growth rate (CAGR) of 10.6%. This growth for the projected period can be credited to factors such as the incorporation of artificial intelligence and machine learning, the growing influence of digital biomarkers, the emergence of remote cardiac rehabilitation programs, the compatible nature of healthcare systems, and prioritization of immediate monitoring and alert systems. Some of the key trends likely to steer the market during the forecast period include the use of blockchain for the secured management of health data, alignment of EHRS with cardiovascular digital solutions, introduction of mobile health applications for managing cardiovascular health, a focus on cardiovascular rehabilitation solutions, and strategic partnerships between technology firms and healthcare providers.
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Which key drivers are propelling the cardiovascular digital solutions market’s growth?
The global increase in the incidence of cardiovascular diseases is anticipated to spur the expansion of the cardiovascular digital solutions market. Cardiovascular Diseases (CVDs), a generic term denoting conditions impacting the heart or blood vessels, are essentially heart and blood vessel related issues. Cardiovascular digital solutions contribute to enhancing patient self-governance by enabling individuals to independently track health actions that mitigate disease-associated risks while promoting adherence to these lifestyle adaptations. Utilizing these solutions has helped reduce the morbidity and mortality linked to cardiovascular conditions. Therefore, the escalating number of cardiovascular disease cases is fostering the growth of the cardiovascular digital solutions market. For example, data disclosed by the Office for Health Improvement and Disparities, a UK governmental department, in March 2024, revealed that in 2023, just over 1,862,500 individuals (3%) were identified by a GP with coronary heart disease in England. Consequently, the global upsurge in cardiovascular disease incidence propels the cardiovascular digital solutions market’s growth.
What are the market segments in the cardiovascular digital solutions industry?
The cardiovascular digital solutions market covered in this report is segmented –
1) By Components: Devices, Software
2) By Services: Unobtrusive Testing, CVD Health Informatics, Cardiac Rehab Programs, Other Services
3) By Deployment: Cloud-Based, On-Premise
4) By End-Use: Hospitals And Clinics, Ambulatory Care Centers, Other End-Users
Subsegments:
1) By Devices: Wearable Devices, Implantable Devices, Remote Monitoring Devices
2) By Software: Cardiac Monitoring Software, Data Analytics Platforms, Telehealth Solutions, Patient Management Software
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Which leading companies are shaping the growth of the cardiovascular digital solutions market?
Major companies operating in the cardiovascular digital solutions market include iRythm Technologies Inc., Apple Inc., General Electric Company, Uber Diagnostics Private Limited, AlivCor Inc., Verily Life Sciences, HeartFlow Inc., Bardy Diagnostics Inc., BioTelemetry Inc., eviCore healthcare, Nanowear Inc, Cardiac Insight Inc., Bay Labs Solutions, Change Healthcare, Medtronic PLC, BenevolentAI Limited, Cardiologs Technologies, Cardiopulmonary Corp., Congenica Ltd., Cyient Limited, Data4Cure Inc., Deep Genomics Incorporated, DNAnexus Inc., Emedgene Technologies Ltd., Fabric Genomics Inc., FDNA Inc., Freenome Holdings Inc., GNS Healthcare, IBM Watson Health, Illumina Inc., Microsoft Corporation, Niramai Health Analytix, NVIDIA Corporation, Omron Healthcare Co. Ltd.
What key trends are currently impacting the cardiovascular digital solutions market’s development?
A key trend emerging in the cardiovascular digital solutions market is the emphasis on product innovation. To consolidate their market presence, prominent firms in this market are focusing on the creation of novel products. For example, Eko Health, a manufacturer of digital health solutions aimed at heart and lung diseases based in the United States, launched the SENSORA Cardiac Disease Detection Platform in February 2023. SENSORA integrates the most modern strides in applied machine learning with one of the most commonly used medical devices, the stethoscope. Using digital stethoscopes to capture and analyze electrical signals and heart sounds, Eko has developed a detection platform with potential for expansion as the company develops applications for other cardiac problems. The main features of SENSORA include artificial intelligence capable of accurately identifying structural murmurs, a sign of heart valve disease, and Care Pathway Analytics software, providing downstream insight and analytics about the care method within the healthcare system.
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Which geographic areas are influencing the growth of the cardiovascular digital solutions market?
North America was the largest region in the cardiovascular digital solutions market in 2024. Asia-Pacific is expected to be the fastest-growing region in the cardiovascular digital solutions market report during the forecast period. The regions covered in the cardiovascular digital solutions market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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