Global Cardiovascular Digital Solutions Market—Companies to Action, 2019
Published on: 11-Apr-2019 | SKU: HC03160-NA-MR_23015

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Over the last few decades, modernization-driven lifestyle changes have had major implications on people’s health and well-being. Today, chronic health condition such as cardiovascular diseases (CVD) claim more lives than all forms of cancer combined, accounting for 31% of all deaths worldwide. In the United States alone, 800,000 people succumbed to the disease in 2017—representing one out of every three deaths. Increasing comorbidity of CVD with other health complications and disease conditions necessitate multi-parameter monitoring beyond the ECG to make cardiac care more targeted and efficient.

As care for lifestyle-driven chronic diseases expands in scope, prevention and recovery are emerging as new focus areas beyond diagnosis and treatment. Changes in the healthcare landscape are shifting clinical diagnosis and treatment toward more patient-centric monitoring solutions. The emergence of digital cardiac solutions such as cardiac remote patient monitoring devices (e.g., wearables and biosensor technologies) and cardiac informatics software and platforms are redefining the point of care from traditional hospitals or clinics to a patient’s home. Cardiac digital monitoring products and services will benefit from this paradigm shift in both point-of-care and ambulatory settings to promote preventive management of CVD and associated risk factors, particularly for older patients living with CVD.

Frost & Sullivan notes that the cardiac digital vendor ecosystem is undergoing a transformation led by the digital convergence and shifting care delivery models to manage patients outside hospital walls in an effort to reduce the use of acute care services, control costs, and improve patient outcomes. Cardiac digital solutions that go beyond the device offering and provide patients and providers with data-driven, clinically meaningful and actionable intelligence will have a competitive advantage. Leading vendors in the cardiac monitoring space will continue to expand and provide comprehensive portfolios encompassing product and service solutions and make the cardiovascular information system (CVIS) the single gateway to all cardiovascular clinical pathways and performance management. Cloud-based CVIS platforms that go beyond point systems/devices and seamlessly integrate with a hospital’s existing enterprise architecture to provide integrated pathway management across patient pathways are expected to see substantial growth in the coming years. Complementing the existing cardiac data analytics layer with some artificial intelligence capabilities for clinical decision support will promote prevention and treatment of CVD to the much-anticipated outcomes-based regime.

Research Scope

The research service analyzes the trends driving the top three growth opportunity associated with digital cardiac products and services.  Further, the study provides an analysis of major companies segregated by these top 3 themes which include;

  • Unobtrusive sensing–Empowering patients with seamless integration of remote monitoring solutions into daily life for early diagnosis and health promotion.
  • CVD health informatics–Seamless integration of CVIS with HIT system and analytics platforms to augment care providers with intelligent clinical decision support.
  • Cardiac Rehab Programs–Shifting care delivery models from hospital to home-based cardiac rehab telemetry programs to promote value-based care.

Companies mentioned in the study include; Philips Healthcare, GE Healthcare, Hill-Rom, iRhythm Technologies, Inc., BioTelemetry, Bardy Diagnostics, uber Diagnostics (Cardiotrack), Omsignal Inc., Nanowear Inc., Alivecor, Inc., Heartflow Inc., Apple Inc. (smartwatch), and Verily (Study Watch) among others.

Key Issues Addressed

  • What are the growth opportunities in the cardiac digital solution space?
  • What is the impact of the external environment on this market?
  • What unique companies are introducing innovative solutions in the market?
  • How can companies transform care delivery paradigms related to cardiac health conditions?
  • What is the action plan and potential for growth for disruptive and innovative companies?
  • What are the key success factors in the cardiac digital health market?

Author: Kamaljit Behera

Key Findings

Key Findings (continued)

Scope and Segmentation

Top 3 Growth Opportunities—Cardiovascular Digital Solutions

Strategic Imperatives for Success and Growth

Cardiovascular Digital Solutions—Analysis of Companies to Action

Future Impact on Healthcare

Key Questions this Study will Answer

Industry Convergence Driving Disruption and Innovation

Convergence in Healthcare

Frost & Sullivan Companies to Action—Potential to Disrupt Healthcare Industry Paradigms

Digital Health Benefits from Industry Convergence

Digital Health Priorities

Detailed Solution Segmentation

Vendor Landscape—Cardiovascular Digital Solutions

The Need for Cardiac Care Digital Solutions

CVD Major Risk Factors and Comorbidity

Digital Solutions across the CVD Patient Journey

Top 3 Growth Opportunities—Cardiovascular Digital Solutions

Top Trends and Vendor Strategies

Top Trends and Vendor Strategies (continued)

Continuous vs. Non-continuous Cardiac Monitors.

Use Cases Dictating Evolution in Cardiac Monitoring Devices

Biometrics That Can Be Tracked by Wearable Technologies

Technology Convergence—Role of AI in Cardiovascular Digital Health

Strategic Imperatives for Success and Growth

CAM Patch by Bardy Diagnostics

Bardy Diagnostics—Technology, Business, and Pricing Models

Cardiotrack by uber Diagnostics

Cardiotrack—Technology, Business, and Pricing Models

SimpleSense (Smart Textile) by Nanowear Inc.

Nanowear Inc.—Technology, Business and Pricing Models

Personal ECG RPM Solution by AliveCor

AliveCor—Technology, Business and Pricing Models

AI-based FFRct Technology by HeartFlow

HeartFlow—Technology, Business and Pricing Models

Cardiology Informatics Solution by Philips Healthcare

Philips Healthcare—Technology, Business and Pricing Models

Cardiovascular Digital Solutions—Future Impact on Healthcare

Legal Disclaimer

Selected End-to-End Cardiac Care Digital Solution Vendors

Selected Cardiac RPM Digital Solution Vendors

Selected Consumer Tech Companies

List of Abbreviations

List of Exhibits

The Frost & Sullivan Story

Value Proposition—Future of Your Company & Career

Global Perspective

Industry Convergence

360º Research Perspective

Implementation Excellence

Our Blue Ocean Strategy


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Over the last few decades, modernization-driven lifestyle changes have had major implications on people’s health and well-being. Today, chronic health condition such as cardiovascular diseases (CVD) claim more lives than all forms of cancer combined, accounting for 31% of all deaths worldwide. In the United States alone, 800,000 people succumbed to the disease in 2017—representing one out of every three deaths. Increasing comorbidity of CVD with other health complications and disease conditions necessitate multi-parameter monitoring beyond the ECG to make cardiac care more targeted and efficient. As care for lifestyle-driven chronic diseases expands in scope, prevention and recovery are emerging as new focus areas beyond diagnosis and treatment. Changes in the healthcare landscape are shifting clinical diagnosis and treatment toward more patient-centric monitoring solutions. The emergence of digital cardiac solutions such as cardiac remote patient monitoring devices (e.g., wearables and biosensor technologies) and cardiac informatics software and platforms are redefining the point of care from traditional hospitals or clinics to a patient’s home. Cardiac digital monitoring products and services will benefit from this paradigm shift in both point-of-care and ambulatory settings to promote preventive management of CVD and associated risk factors, particularly for older patients living with CVD. Frost & Sullivan notes that the cardiac digital vendor ecosystem is undergoing a transformation led by the digital convergence and shifting care delivery models to manage patients outside hospital walls in an effort to reduce the use of acute care services, control costs, and improve patient outcomes. Cardiac digital solutions that go beyond the device offering and provide patients and providers with data-driven, clinically meaningful and actionable intelligence will have a competitive advantage. Leading vendors in the cardiac monitoring space will continue to expand and pr
More Information
Deliverable Type Market Research
No Index No
Podcast No
Author Kamaljit Behera
Industries Healthcare
WIP Number 9AB9-00-88-00-00
Is Prebook No
GPS Codes 9564-B1,9575-B1,9600-B1,9612-B1,99BC-B1,9A47-B1,9A48-B1,9A49-B1,9A4B-B1,9837-B1

Global Cardiovascular Digital Solutions Market—Companies to Action, 2019

HealthcareGlobal Cardiovascular Digital Solutions Market—Companies to Action, 2019

Innovative Leaders are Transforming the Cardiovascular Patient Journey

RELEASE DATE
11-Apr-2019
REGION
North America
Deliverable Type
Market Research
Research Code: 9AB9-00-88-00-00
SKU: HC03160-NA-MR_23015
AvailableYesPDF Download
$1,500.00
In stock
SKU
HC03160-NA-MR_23015