The Angio Suites Market is poised for substantial growth, with its market size valued at USD 1245.0 million in 2022. According to recent market analysis, the market is expected to reach USD 2104.20 million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 6.78% during the forecast period from 2023 to 2030.
Angio suites, also known as angiography suites, are specialized medical imaging rooms equipped with advanced imaging systems used for diagnostic and interventional procedures. These suites are essential for cardiovascular imaging, neurovascular imaging, and other medical specialties that require high-resolution imaging capabilities.
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Key Drivers of Market Growth:
- Rising Incidence of Cardiovascular and Neurovascular Diseases: The increasing prevalence of cardiovascular diseases (CVDs) and neurovascular disorders, such as strokes and aneurysms, is driving the demand for angiography procedures and, consequently, for angio suites.
- Technological Advancements in Imaging Systems: Continuous advancements in imaging technologies, including digital subtraction angiography (DSA), computed tomography angiography (CTA), and magnetic resonance angiography (MRA), are enhancing the diagnostic accuracy and treatment outcomes in angio suites.
- Growing Geriatric Population: The aging population is more prone to cardiovascular and neurovascular diseases, increasing the demand for diagnostic and interventional procedures performed in angio suites.
- Increasing Investments in Healthcare Infrastructure: Rising investments in healthcare infrastructure, particularly in emerging economies, are supporting the installation of advanced medical imaging equipment, including angio suites.
- Expansion of Minimally Invasive Procedures: The shift towards minimally invasive procedures is driving the demand for angio suites, as these suites are equipped to perform a wide range of minimally invasive interventional procedures.
KEY MARKET SEGMENTATION
By Product type:
- Single plan Angio
- Biplane Angio Suits
By End users:
- Hospitals
- Cath labs
- Other
Market Segmentation and Regional Insights:
The Angio Suites Market is segmented based on type, application, end-user, and region. Key types include cardiovascular angio suites, neurovascular angio suites, and other specialty angio suites. Applications encompass diagnostic angiography, interventional angiography, and others. End-users include hospitals, ambulatory surgical centers, and diagnostic imaging centers.
North America currently dominates the market, owing to the presence of advanced healthcare infrastructure, high healthcare expenditure, and a significant number of angiography procedures performed annually. However, the Asia-Pacific region is expected to witness the highest growth rate, driven by increasing healthcare investments, rising prevalence of chronic diseases, and improving healthcare facilities.
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