Jul 08, 2020 (CDN Newswire via Comtex) -- Cardiovascular Digital Solutions Market report acts as a great source of notable data, present market trends, future events, market environment, technological innovation, imminent technologies and the technical development in the related industry. This industry analysis report proves to be very supportive for both established business and emerging market player in the industry as it contains profound market insights. This market research report also serves the businesses to make enhanced decisions, deal with marketing of goods or services, and accomplish better profitability by prioritizing market goals. A large scale Cardiovascular Digital Solutions Market report also offers insights into revenue generation and sustainability initiative.
Global Cardiovascular Digital Solutions Market is expected to grow with a healthy CAGR in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. This rise in market value can be attributed to the increasing awareness programs from private & government organizations regarding the benefits of digital solutions in comparison to traditional healthcare systems.
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iRhythm Technologies, Inc.;
GENERAL ELECTRIC COMPANY;
Hill-Rom Services Inc.;
Verily Life Sciences LLC;
Bardy Diagnostics, Inc.;
Koninklijke Philips N.V.;
Proteus Digital Health;
Cardiac Insight Inc.;
Bay Labs, Inc.;
Key Developments in the Cardiovascular Digital Solutions Market:
In January 2019, BioTelemetry, Inc. announced that they had acquired Geneva Healthcare for approximately USD 45 million. The company will be combined under the BioTelemetry, Inc.'s name and will expand the service offerings that will be provided by BioTelemetry, Inc. to the patients.
In April 2018, Proteus Digital Health announced the development and launch of 31 new digital healthcare solutions for a number of medical conditions and disorders. This significant launch of products will help patients to undertake the treatment for their medical conditions as it provides a better adoption rate in comparison to traditional drugs.
Market Definition: Global Cardiovascular Digital Solutions Market
Cardiovascular digital solutions can be defined as the integration and implementation of digital technologies, like smartphones, software, wearables, sensors, AI and virtual healthcare solutions. Through the help of digital healthcare systems the method of healthcare delivery can be transformed and streamlined to provide more efficient solutions.
Cardiovascular Digital Solutions Market Drivers
Increasing rate of prevalence of cardiovascular disorders is expected to drive the growth of the market
Increasing adoption of digital healthcare solutions instead of traditional ones is expected to positively affect the growth of the market
Cardiovascular Digital Solutions Market Restraints
Concerns related to the theft of data from these digital healthcare software and solutions; this factor is expected to restrain the growth of the market
Requirement of large funding amid lack of infrastructure in various developing regions; this factor is expected to restrain the market growth
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