The Angio Suites Market size was valued at USD 1245.0 million in 2022 and is expected to grow to USD 2104.20 million by 2030 and grow at a CAGR of 6.78% over the forecast period of 2023-2030.
Multi-purpose exam rooms called Angio suites are used to execute a variety of Angio interventional procedures. Angioplasties, therapeutic stenting, blockage bypasses, intravascular treatment, myelograms, vertebroplasty, and the removal of tissue samples without surgery are among the procedures carried out in these. Angio Suites often have an image intensifier, an X-ray generator, and a rotating table top for simple patient placement and movement. Aortic analysis, complex angiography, stomach aortic aneurysm, and other procedures are all available in angio suites.
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KEY DRIVERS:
Growing Healthcare Policies
Technological developments
The capabilities of Angio Suites have been greatly enhanced by ongoing developments in imaging technologies and minimally invasive techniques. Angio Suites' incorporation of cutting-edge imaging technologies, including computed tomography (CT) and magnetic resonance imaging (MRI), has made it possible to precisely and instantly visualize blood arteries, assisting in the diagnosis and treatment of patients.
RESTRAIN:
Accessibility Issues
High Investment
Angio Suites are complex and cutting-edge medical imaging equipment that call for a large financial commitment for acquisition, installation, and upkeep. Smaller healthcare facilities or those operating in areas with low financial resources may find the high cost to be a hindrance.
OPPORTUNITY:
Expanding Treatment Option
Improved Diagnostic Capabilities
Angio suites offer high-resolution imaging features that let medical professionals precisely diagnose and evaluate problems affecting the blood vessels. This enables accurate diagnosis, earlier disease identification, and better treatment planning.
CHALLENGES:
Infection Control
Maintenance and downtime
Angio suites contain sophisticated technology that needs routine upkeep and sporadic repairs. When equipment breaks down, the workflow might be disrupted, and treatments may need to be rescheduled, which could have an impact on patient care and raise costs. As a result, having a solid maintenance strategy and backup systems is crucial.
The COVID-19 pandemic caused a significant restructuring of medical procedures and healthcare services. During the COVID-19 crisis, many countries separated medical treatments based on the necessity for urgent medical attention to expedite the workflow, and numerous medical procedures that were considered elective were suspended. For instance, according to a Center for Health Design Organization report from 2023, the patients were isolated and received care in distinct Angio rooms with ventilation devices to prevent cross-contamination. During the pandemic, most hospitals treated acute cases of emergency including life-threatening conditions such as thrombectomy for stroke, endovascular aortic aneurysm repair for aortic ruptures, non-deferrable oncologic treatments, and organ-saving procedures.
IMPACT OF RUSSIA-UKRAINE WAR
Some indirect effects of the Russian-Ukrainian conflict on the market for Angio are the battle may have caused hospitals and other healthcare facilities to be destroyed or damaged in the impacted areas. As healthcare organizations work to rebuild and restore their operations, this could make it more difficult for people to embrace and use Angio Suites.
Armed conflicts have the potential to lead to economic instability in the affected areas, which could have negative effects including less healthcare spending and less investment in medical technology. In such circumstances, hospitals and healthcare organizations might decide to delay or cut back their intentions to buy pricey equipment like Angio Suites, which would restrict the market's expansion.
IMPACT OF ONGOING RECESSION
Several things can affect the demand for Angio suites during a recession During a recession, hospitals and healthcare providers may experience financial difficulties and healthcare budgets may be cut. A decrease in capital expenditures, including purchases of pricey medical equipment like Angio suites.
During a recession, hospitals and healthcare facilities may postpone or abandon expansion plans or equipment improvements. The demand for Angio suites may be impacted as a result of healthcare providers prioritizing necessary expenses. Economic downturns can put pressure on insurance firms and government healthcare programs to lower reimbursement rates. Lower reimbursement rates might deter healthcare organizations from purchasing pricey equipment, such as Angio suites.
KEY MARKET SEGMENTATION
By Product type:
Single plan Angio
Biplane Angio Suits
By End users:
Hospitals
Cath labs
Other
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North America is anticipated to be the market leader for Angio suites. Due to rising investments, technical improvements, and the rising incidence of cardiovascular and other chronic diseases. North America has a strong presence of leading market players, increasing investments in research and developments, and the prevalence of cardiovascular disease.
Asia Pacific is projected to expand at a rapid pace followed by the market in Latin America and the Middle East and Africa. Rise in the focus of the government of countries in Asia on enhancing health care facilities, increasing in the focus of market players in Asia Pacific to leverage growth opportunities rise in the prevalence of cardiovascular diseases.
REGIONAL COVERAGE:
North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
South Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of the Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin American
The Major Players are Siemens, Koninklijke Philips N.V, Lam Vascular and Associates, Hitachi Ltd., ESAOTE SPA, IMRIS, Onex Corporation, Canon Inc., 3D Systems Inc., General Electric, Shimadzu Corporation, GIMIAS, FUJIFILM Holdings Corporation, Hologic, Inc., Planmeca, Mindray Medical, International Limited,ZEISS International, Guerbet, Surgical Science, B. Braun and other players listed in the final report.
The successful acquisition of the imaging business "BK Medical" from Boston, Massachusetts, in the United States was announced by GE Healthcare. A payment of USD 1.46 billion from GE has completed the deal. Additionally, the deal has improved GE Healthcare's ultrasound division.
'Bi-Plane Neuro Angio Procedure Suite' with DTAS (Direct to Angio Suite) technology was introduced by Yashoda Hospitals (Secunderabad, India), in honor of World Stroke Day.
Report Attributes | Details |
Market Size in 2022 | US$ 1245.0 Mn |
Market Size by 2030 | US$ 2104.20 Mn |
CAGR | CAGR of 6.78% From 2023 to 2030 |
Base Year | 2022 |
Forecast Period | 2023-2030 |
Historical Data | 2020-2021 |
Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
Key Segments | • By Product Type (Single plan Angio, Biplane Angio Suits) • By End users (Hospitals, Cath labs, Other) |
Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
Company Profiles | Siemens, Koninklijke Philips N.V, Lam Vascular and Associates, Hitachi Ltd., ESAOTE SPA, IMRIS, Onex Corporation, Canon Inc.,3D Systems Inc., General Electric, Shimadzu Corporation, GIMIAS, FUJIFILM Holdings Corporation, Hologic, Inc., Planmeca, Mindray Medical, International Limited,ZEISS International, Guerbet, Surgical Science, B. Braun |
Key Drivers | • Growing Healthcare Policies • Technological developments |
Market Opportunities | • Expanding Treatment Option • Improved Diagnostic Capabilities |
Ans: The market for Angio Suites Market is anticipated to expand by 6.78% from 2023 to 2030.
Ans: Angio Suites Market size was valued at USD 1245.0 million in 2022.
Ans: North America dominated the market.
Ans: Growing Healthcare Policies and technological developments
Ans: Asia Pacific has the quickest CAGR growth.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
4 Impact Analysis
4.1 Impact of COVID-19
4.2 Impact of the Russia-Ukraine War
4.3 Impact of Ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Angio Suites Market Segmentation, By Product Type
8.1 Single plan Angio
8.2 Biplane Angio Suits
9. Angio Suites Market Segmentation, By End Users
9.1 Hospitals
9.2 Cath labs
9.3 Other
10. Regional Analysis
10.1 Introduction
10.2 North America
10.2.1.1 North America Angio Suites Market by Country
10.2.1.2 North America Angio Suites Market by Product Type
10.2.1.3 North America Angio Suites Market by End Users
10.2.4 USA
10.2.4.1 USA Angio Suites Market by Product Type
10.2.4.2 USA Angio Suites Market by End Users
10.2.5 Canada
10.2.5.1 Canada Angio Suites Market by Product Type
10.2.5.2 Canada Angio Suites Market by End Users
10.2.6 Mexico
10.2.6.1 Mexico Angio Suites Market by Product Type
10.2.6.2 Mexico Angio Suites Market by End Users
10.3 Europe
10.3.1 Europe Angio Suites Market by Country
10.3.2 Europe Angio Suites Market by Product Type
10.3.3 Europe Angio Suites Market by End Users
10.3.4 Germany
10.3.4.1 Germany Angio Suites Market by Product Type
10.3.4.2 Germany Angio Suites Market by End Users
10.3. UK
10.3.5.1 UK Angio Suites Market by Product Type
10.3.5.2 UK Angio Suites Market by End Users
10.3.6 France
10.3.6.1 France Angio Suites Market by Product Type
10.3.6.2 France Angio Suites Market by End Users
10.3.7 Italy
10.3.7.1 Italy Angio Suites Market by Product Type
10.3.7.2 Italy Angio Suites Market by End Users
10.3.8 Spain
10.3.8.1 Spain Angio Suites Market by Product Type
10.3.8.2 Spain Angio Suites Market by End Users
10.3.9 The Netherlands
10.3.9.1 Netherlands Angio Suites Market by Product Type
10.3.9.2 Netherlands Angio Suites Market by End Users
10.3.10 Rest of Europe
10.3.10.1 Rest of Europe Angio Suites Market by Product Type
10.3.10.2 Rest of Europe Angio Suites Market by End Users
10.4 Asia-Pacific
10.4.1 Asia Pacific Angio Suites Market by Country
10.4.2 Asia Pacific Angio Suites Market by Product Type
10.4.3 Asia Pacific Angio Suites Market by End Users
10.4.4 Japan
10.4.4.1 Japan Angio Suites Market by Product Type
10.4.4.2 Japan Angio Suites Market by End Users
10.4.5 South Korea
10.4.5.1 South Korea Angio Suites Market by Product Type
10.4.5.2 South Korea Angio Suites Market by End Users
10.4.6 China
10.4.6.1 China Angio Suites Market by Product Type
10.4.6.2 China Angio Suites Market by End Users
10.4.7 India
10.4.7.1 India Angio Suites Market by Product Type
10.4.7.2 India Angio Suites Market by End Users
10.4.8 Australia
10.4.8.1 Australia Angio Suites Market by Product Type
10.4.8.2 Australia Angio Suites Market by End Users
10.4.9 Rest of Asia-Pacific
10.4.9.1 APAC Angio Suites Market by Product Type
10.4.9.2 APAC Angio Suites Market by End Users
10.5 The Middle East & Africa
10.5.1 The Middle East & Africa Angio Suites Market by Country
10.5.2 The Middle East & Africa Angio Suites Market by Product Type
10.5.3 The Middle East & Africa Angio Suites Market by End Users
10.5.4 Israel
10.5.4.1 Israel Angio Suites Market by Product Type
10.5.4.2 Israel Angio Suites Market by End Users
10.5.5 UAE
10.5.5.1 UAE Angio Suites Market by Product Type
10.5.5.2 UAE Angio Suites Market by End Users
10.5.6 South Africa
10.5.6.1 South Africa Angio Suites Market by Product Type
10.5.6.2 South Africa Angio Suites Market by End Users
10.5.7 Rest of Middle East & Africa
10.5.7.1 Rest of Middle East & Asia Angio Suites Market by Product Type
10.5.7.2 Rest of Middle East & Asia Angio Suites Market by End Users
10.6 Latin America
10.6.1 Latin America Angio Suites Market by Country
10.6.2 Latin America Angio Suites Market by Product Type
10.6.3 Latin America Angio Suites Market by End Users
10.6.4 Brazil
10.6.4.1 Brazil Angio Suites Market by Product Type
10.6.4.2 Brazil Africa Angio Suites Market by End Users
10.6.5 Argentina
10.6.5.1 Argentina Angio Suites Market by Product Type
10.6.5.2 Argentina Angio Suites Market by End Users
10.6.6 Rest of Latin America
10.6.6.1 Rest of Latin America Angio Suites Market by Product Type
10.6.6.2 Rest of Latin America Angio Suites Market by End Users
11. Company Profile
11.1 Siemens
11.1.1 Market Overview
11.1.2 Financials
11.1.3 Product/Services/Offerings
11.1.4 SWOT Analysis
11.1.5 The SNS View
11.2 Koninklijke Philips N.V
11.2.1 Market Overview
11.2.2 Financials
11.2.3 Product/Services/Offerings
11.2.4 SWOT Analysis
11.2.5 The SNS View
11.3 Lam Vascular and Associates
11.3.1 Market Overview
11.3.2 Financials
11.3.3 Product/Services/Offerings
11.3.4 SWOT Analysis
11.3.5 The SNS View
11.4 Hitachi Ltd.
11.4.1 Market Overview
11.4.2 Financials
11.4.3 Product/Services/Offerings
11.4.4 SWOT Analysis
11.4.5 The SNS View
11.5 ESAOTE SPA
11.5.1 Market Overview
11.5.2 Financials
11.5.3 Product/Services/Offerings
11.5.4 SWOT Analysis
11.5.5 The SNS View
11.6 IMRIS
11.6.1 Market Overview
11.6.2 Financials
11.6.3 Product/Services/Offerings
11.6.4 SWOT Analysis
11.6.5 The SNS View
11.7 Onex Corporation
11.7.1 Market Overview
11.7.2 Financials
11.7.3 Product/Services/Offerings
11.7.4 SWOT Analysis
11.7.5 The SNS View
11.8 Canon Inc.
11.8.1 Market Overview
11.8.2 Financials
11.8.3 Product/Services/Offerings
11.8.4 SWOT Analysis
11.8.5 The SNS View
11.9 3D Systems Inc.
11.9.1 Market Overview
11.9.2 Financials
11.9.3 Product/Services/Offerings
11.9.4 SWOT Analysis
11.9.5 The SNS View
11.10 General Electric
11.10.1 Market Overview
11.10.2 Financials
11.10.3 Product/Services/Offerings
11.10.4 SWOT Analysis
11.10.5 The SNS View
11.11 Shimadzu Corporation
11.11.1 Market Overview
11.11.2 Financials
11.11.3 Product/Services/Offerings
11.11.4 SWOT Analysis
11.11.5 The SNS View
11.12 GIMIAS
11.12.1 Market Overview
11.12.2 Financials
11.12.3 Product/Services/Offerings
11.12.4 SWOT Analysis
11.12.5 The SNS View
11.13 FUJIFILM Holdings Corporation
11.13.1 Market Overview
11.13.2 Financials
11.13.3 Product/Services/Offerings
11.13.4 SWOT Analysis
11.13.5 The SNS View
11.14 Hologic, Inc.
11.14.1 Market Overview
11.14.2 Financials
11.14.3 Product/Services/Offerings
11.14.4 SWOT Analysis
11.14.5 The SNS View
12. Competitive Landscape
12.1 Competitive Benchmarking
12.2 Market Share Analysis
12.3 Recent Developments
13. USE Cases and Best Practices
14. Conclusion
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