Digitalization of medical records through
electronic health records (EHRs) is transforming the cardiologist industry.
Digitalization of medical records include the conversion of paper-based medical
records into electronic formats which includes patients’ medical history,
diagnoses, medications, treatment plans, allergies, laboratory and test results.
EHRs increase patient participation and improve diagnostic and treatment
outcomes by improving the efficiency of services provided by physicians.
THE BUSINESS
RESEARCH COMPANY VALUED THE CARDIOLOGISTS
MARKET AT $118 BILLION IN 2017
North America was the largest geographic
region in the cardiologists’ market in 2017, accounting for nearly half of the
global market. The USA was the largest country accounting for two-fifth of the
market.
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the report at: https://www.thebusinessresearchcompany.com/report/cardiologists-global-market-report-2018
According
to The Business Research Company’s Consultant, Nitin Gianchandani, big data
analytics is to improve cardiovascular health analysis and used to develop the treatment for inherited cardiomyopathies,
channelopathies, and other mono-genetic cardiovascular diseases. For instance,
in July 2015, the Food and Drug Administration (FDA) in the US approved
Alirocumab (Praluent), the first monoclonal antibody that inactivates the
proprotein convertase and subtilizes kexin type 9 (PCSK9), resulting in reduced
levels of low-density lipoproteins (LDL) cholesterol in the blood. Big data analytics is also
being used to improve the development and application of pharmaceutical
products within the cardiovascular market.
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Abbott Laboratories was the
largest player in the cardiologists market, with revenues of $2.1 billion in
2016. Abbott’s growth strategy aims at maintaining
diversity and investing in acquisitions.
A
cardiologist is a doctor with special training and skill in finding, treating
and preventing diseases of the heart and blood vessels. Conditions treated by a
cardiologist include heart attacks, heart murmurs, coronary heart disease and
hypertension.
Cardiologists
Global Market Report 2018 is a detailed report giving a unique insight
into this market. The report is priced at $4000 for an individual user. To use
across your office, the price is $6000 and $8000 if you wish to use across a multinational
company.
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