Global Telecardiology Market 2016-2020

Global telecardiology market overview

Technavio’s market research analyst predicts the global telecardiology market to grow at a CAGR of more than 17% by 2020. Factors such as a rise in investments in cardiology informatics, connected devices, and mobile solution for advanced cardiac care are driving the growth of the telecardiology market size. The increase in ICT spending in the telecardiology sector has led to increased installations of advanced networking solutions to speed up the transfer rate of medical data. In addition, the market for cardiology teleconsultation service will also witness high growth in the coming years owing to rapid improvements in the primary and secondary healthcare and the increasing acceptance of telecardiology technology among cardiologists and patients.

One of the latest telecardiology industry trends is the increased adoption of cardiovascular information system (CVIS). CVIS is a healthcare IT solution used to store cardiology related information. It increases cardiology operations and provides a centralized platform to access cardiology related medical data. Hospitals are integrating cardiology data, such as ECG, echogram data, hemodynamics data, and other laboratory test results, with centralized electronic health records so that the patient's medical information can be shared with other departments for the effective treatment of cancer and CVD simultaneously. CVIS systems support hospitals in the execution of telecardiology programs by enabling remote access to the patient data.

Segmentation by technology and the telecardiology market analysis

• IT services
• Telecom
• Software
• Hardware