The global Angio Suites market is poised for significant growth, with its market size projected to increase from USD 1245.0 million in 2022 to USD 2104.20 million by 2030. This represents a compound annual growth rate (CAGR) of 6.78% during the forecast period from 2023 to 2030.
Several key factors are driving the expansion of the Angio Suites market:
- Rising Incidence of Cardiovascular Diseases: The increasing prevalence of cardiovascular diseases, such as coronary artery disease and peripheral artery disease, is driving the demand for diagnostic and interventional procedures performed in angio suites. Angio suites provide advanced imaging capabilities for precise diagnosis and treatment.
- Technological Advancements in Angiography Systems: Continuous advancements in angiography systems, including improved image quality, faster imaging speed, and enhanced patient safety features, are boosting the adoption of angio suites. These advancements support complex interventions and minimally invasive procedures.
- Growing Geriatric Population: The aging population is more susceptible to cardiovascular diseases and requires frequent diagnostic and therapeutic interventions. Angio suites provide a critical infrastructure for performing angiographic procedures, including angioplasty, stenting, and embolization, in elderly patients.
- Expansion of Ambulatory Surgery Centers: The establishment and expansion of ambulatory surgery centers equipped with angio suites are increasing accessibility to cardiovascular procedures. These centers offer convenient, same-day procedures and contribute to the overall market growth.
- Supportive Reimbursement Policies: Favorable reimbursement policies for cardiovascular procedures performed in angio suites are driving market adoption. Reimbursement supports hospitals and healthcare providers in investing in advanced angiography equipment and expanding their service offerings.
KEY MARKET SEGMENTATION
By Product type:
- Single plan Angio
- Biplane Angio Suits
By End users:
- Hospitals
- Cath labs
- Other
The Angio Suites market includes a variety of equipment and accessories, such as angiography systems, catheters, guidewires, contrast media, and vascular closure devices. These products are essential for performing diagnostic and therapeutic procedures in cardiovascular and neurovascular settings.
Key market players are actively investing in research and development to introduce innovative angiography systems and accessories. Strategic partnerships, collaborations, and acquisitions are also prevalent in the market as companies aim to expand their product portfolios and global footprint.
As the Angio Suites market continues to grow, it is expected to play a crucial role in advancing cardiovascular care, improving patient outcomes, and supporting the delivery of minimally invasive interventions worldwide.
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