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Growth in this market is mainly driven by the increasing incidence and prevalence of cardiovascular disease, government initiatives in China, and the increasing number of hospitals.

[54 Pages Report] The China cardiology information system market is projected to reach $54 million by 2024 from $35 million in 2019, at a CAGR of 8.9% during the forecast period.The study involved four major activities in estimating the current market size of the China cardiology information system market.

The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research.

Thereafter, market breakdown and data triangulation were used to estimate the market size of segments and subsegments.Market DynamicsRising Incidence and Prevalence of Cardiovascular Disease in China Increasing Number of Hospitals in ChinaFavorable Government InitiativesBased on system, the market is segmented into integrated and standalone systems.

The integrated systems segment is projected to witness the highest growth during the forecast period.

The increasing adoption of integrated systems by healthcare providers is the major factor supporting the growth of this segment.Get a sample PDF copy of the Report @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=264168583By component, the market is segmented into software, services, and hardware.

The global heart failure POC & LOC devices market size is expected to reach USD 129.69 million by 2025 and is projected to grow at a CAGR of 16.2%, according to a new report by Grand View Research, Inc. A paradigm shift in diagnostic sectors from late-stage disease detection to early identification of diseases as a viable strategy to curb rising healthcare costs has driven the market.

This shift has led to the development of disposable and low-cost LOC devices that integrate various sensors and associated accessories in a single space for detection of the cardiac biomarkers from a single specimen to evaluate the risk of having a heart attack.Furthermore, the development of predictive modeling techniques-based decision support software to analyze the data measured by the LOC assays to enable therapy monitoring is one of the key market drivers.

Also, ongoing studies on the application of saliva-based nano-biochip tests for measuring myocardial infarction is driving organic revenue growth.POC testing exhibits potential savings across various settings, including hospitals, general practice, and remote areas.

In the U.S., the employment of POC devices resulted in a 20% decrease in hospital admissions to the chest pain unit, resulting in substantial savings in time and costs.In the cardiac observation unit (U.S.), the implementation of POC troponin testing helped reduce hospital stays, decrease admission rates, and remove the need for multiple costly procedures, resulting in 25% cost saving per patient.

Furthermore, the integration of smartphones and apps in POC diagnostics for managing the cardiac health of an individual is one of the significant innovations in Heart Failure POC & LOC Devices market.Further key findings from the report suggest:Proteomic analysis includes products that test protein markers, such as troponin, myoglobin, and Creatine Kinase MB Isoenzyme (CK-MB)This segment accounted for the leading revenue share, as most of the currently available products are based on testing of protein markersIncreasing implementation of microfluidic LOC technology for assessing putative biomarkers has led to the largest revenue share of this technologyMicrofluidic technology has been implemented for various biological applications, such as immunohybridization techniques, enzymatic assays, PCR, and othersClinics that include physician’s office, pharmacy & retail clinics, urgent care clinics, and non-practice clinics are the key revenue generating end-usersA high usage rate of POC devices by general practitioners for rapid investigation, deciding early treatment, timely referral, and less uncertainty for patients has driven the revenue growth through clinicsThe U.S. dominated the global Heart Failure POC & LOC devices market owing to the presence of a substantial number of primary care clinics that are deploying POC cardiac marker test as a measure for early detection of heart failureExpanding urbanization and increasing geriatric population underpin the demand for robust and improved healthcare services such as POC diagnostics for routine cardiac health monitoring in Asian countriesMoreover, initiatives are undertaken for training young healthcare personnel about POC cardiac troponin T/cardiac troponin I biomarkersThis, in turn, is anticipated to result in the surging adoption rate of POC devices in Asian countriesAbbott, Siemens Healthineers, Danahar, and F. Hoffmann-La Roche Ltd are some key participants operating in the spaceCompanies are engaged in mergers and acquisitions of emerging players.

Acquisition of Alere by Abbott, Beckman Coulter, Inc by Danahar, and Accriva Diagnostics by Instrumentation Laboratory are some examples of acquisitions in this marketAccess full research report on global heart failure POC & LOC devices market: www.grandviewresearch.com/industry-analysis/heart-failure-poc-loc-devices-market

Growth in this market is mainly driven by the increasing incidence and prevalence of cardiovascular disease, government initiatives in China, and the increasing number of hospitals.In 2018, CREALIFE Medical Technology held the leading position in the market.

The company has good relations with government bodies, distributors, and hospitals in the market, which is its key strength.

Philips Healthcare held the second position in the market in 2018.According to the new market research report by MarketsandMarkets, The China cardiology information system market is projected to reach $54 million by 2024 from $35 million in 2019, at a CAGR of 8.9% during the forecast period.Download PDF Brochure@ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=264168583Based on system, the market is segmented into integrated and standalone systems.

Philips Healthcare held the second position in the market in 2018.

The integrated systems segment is projected to witness the highest growth during the forecast period.

The increasing adoption of integrated systems by healthcare providers is the major factor supporting the growth of this segment.By component, the China cardiology information system market is segmented into software, services, and hardware.

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The new report by Expert Market Research titled, ‘Global Cardiology Information System (CIS) Market Report and Forecast 2021-2026’, gives an in-depth analysis of the global cardiology information system (CIS) market, assessing the market based on its segments like System, Component, End-Use, and Regional market among others.

The sample report shall be delivered to you within 24 hours.Request a free sample copy in PDF or view the report summary@ https://www.expertmarketresearch.com/reports/cardiology-information-system-market/requestsampleThe key highlights of the report include:Market Overview (2016-2026)Historical Market Size (2020): 872 million USDForecast CAGR (2021-2026): 7.70%Forecast Market Size (2026): 1,361 million USDThe rising prevalence of cardiovascular illnesses has raised demand for imaging devices and necessitated the creation of centralised data-sharing units.

The data is organised in such a way that it guarantees the timely and accurate transmission of patient reports.Explore the full report with the table of contents@ https://www.expertmarketresearch.com/reports/cardiology-information-system-marketIndustry Definition and Major SegmentsA cardiology information system, or CIS, is a software-based collection of clinical data.

It assists end users in making different decisions, as well as advancing knowledge and information sharing in the field of cardiology.On the basis of System, cardiology information system (CIS) market is segmented into:Integrated systems,Cardiology PACS,Standalone systems,Cardiology Information SystemsBased on the Component, End-Use, cardiology information system (CIS) market is divided into:Software,Services,HardwareBased on the End-Use, cardiology information system (CIS) market is categorised into:L3a HospitalsL3b & L2 HospitalsThe major regional markets of cardiology information system (CIS) market are:North AmericaEuropeAsia PacificLatin AmericaMiddle East and AfricaMarket TrendsThe rising incidence and prevalence of cardiovascular illnesses are driving the worldwide cardiology information system (CIS) market forward.

The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.Read More Reports:-Global Steel Grating Market: https://www.expertmarketresearch.com/reports/steel-grating-marketMexico Flavours Market: https://www.expertmarketresearch.com/reports/mexico-flavours-marketGlobal Current Sensor Market: https://www.expertmarketresearch.com/reports/current-sensor-marketGlobal 2,5-Dimethyl-2,4-Hexadiene Market: https://www.expertmarketresearch.com/reports/2-5-dimethyl-2-4-hexadiene-marketGlobal Humidity Sensor Market: https://www.expertmarketresearch.com/reports/humidity-sensor-marketSaudi Arabia Lighting Market: https://www.expertmarketresearch.com/reports/saudi-arabia-lighting-marketGlobal Frozen Potato Products Market: https://www.expertmarketresearch.com/reports/frozen-potato-products-marketIndia USB Charger Market: https://www.expertmarketresearch.com/reports/india-usb-charger-marketGlobal Extended Warranty Market: https://www.expertmarketresearch.com/reports/extended-warranty-marketGlobal Tunnel Boring Machine Market: https://www.expertmarketresearch.com/reports/tunnel-boring-machine-MarketNote 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours.

Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.About Us:Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients.