Angio Suites Market

Angio Suites Market Growth – Demand & Forecast 2018-2028

The Angio Suites Market is segmented by end-user, product type, and region from 2018 to 2028.

Published on November 22, 2018

Study Period (2018 - 2028)

Methodology

Rising Prevalence of Cardiovascular Diseases

Cardiovascular diseases are the leading cause of deaths across the globe. The burden of cardiovascular disease is estimated to be around 29% of the total deaths around the world. According to the American Heart Association by 2030, 40.5% of the USA population is expected to suffer from cardiovascular disease. It is estimated that the total direct cost of cardiovascular diseases from 2010 to 2030 would be almost three times from USD 273 Billion to USD 818 Billion. This factor is expected to drive the growth of the global angio suites market.

Government Funding and Support for Development of New Innovative Medical Devices

Growing incidence of life-threatening diseases has majorly resulted in rise in the number of diagnostics procedures worldwide. It is estimated that the direct and indirect costs of diagnosis and imaging will increase over a period of time. To develop cost-effective and efficient medical devices, various governments in developed countries are actively funding R&D activities.

For instance, the New South Wales (NSW), a state government from Australia, has availed medical devices fund of about USD 8 million in 2017 to 2018 to help encourage and support investments in the development and commercialization of medical devices and related technologies.

Lack of Skilled Professionals and Standard Usage Guidelines

The lack of skilled healthcare professionals for operating angio suites within the healthcare domain represents a prime obstacle in the growth of the angio suites market in emerging economies. Presently, the demand for skilled employees is rising, especially in the Middle East and Africa, due to the limited availability of resources. A fundamental requirement to work on cardiac devices should be trained, skilled cardiac specialists and professionals within the healthcare domain for day to day operations and maintenance.

Globally, the demand is increasing for diagnostic procedures however, due to the limited number of skilled operators and professionals, growth of the market is expected to be stagnant. The improper implementation and development of clinical practice guidelines in most of the counties are factors hindering the growth of the market. Furthermore, the lack of a proper regulatory framework is also expected to restrain the growth of the global angio suites market.

Lack of Proper Healthcare Infrastructure in Emerging Markets

Presently, many regions, e.g., Russia, lack adequate operation infrastructure, which is essential to conduct test, surgeries and technology implementation compared to the USA and other developed countries. These economies lack the widespread access to surgical procedures, which may hamper the growth of the global angio suites market. Moreover, the high cost involved in the initial set up and installation of advanced angio suites and broadband technology in remote locations could also hamper the growth of the angio suites market.

Competitive Landscape

This section of the report features profiles of key players operating in the angio suites market based on their market share, market structure, product offerings, differential strategies, company dashboard and marketing approach. Examples of some of the key players featured in this report include GE Healthcare, Koninklijke Philips N.V., Siemens AG, Shimadzu Corporation, Canon, Inc., and others. Emerging players operating in the angio suites market are majorly focusing on new marketing strategies in order to expand their product footprint in the global angio suites market.

Definition

Angio suites offer most advanced imaging capabilities with improved spatial resolution. Some of the services offered in angio suites are aortic dissection, abdominal aortic aneurysm, carotid artery disease, complex peripheral artery disease, traumatic aortic injury, and others. Angio suites provide both diagnostic and interventional care to reduce and eliminate the pain.

About the Report

The report offers a comprehensive evaluation of the business opportunities in the angio suites market along with insights on the consumer adoption process, competition blueprint, list of key distributors and suppliers for the duration from 2018 to 2028.

Additional Questions Answered

Some of the additional questions addressed in this report on angio suites market-

What is the revenue potential across regions of North America and Europe?
Who are the key competitors in the market and what are their portfolios?
What are the major challenges influencing the growth of the angio suites market?
How is intervention from regulatory authorities shaping the market growth?

Research Methodology

The angio suites market has been projected based on install base approach. The angio suites market was first calculated based on an average number of angio suites installed in different region/countries. The install base of angio suites was estimated based on the installation of equipment’s in hospitals, and cath labs globally. Furthermore, others qualitative factors studied during angio suites market estimation include average lifespan, the percentage of new sales of angio suites, the actual replacement rate of angio suites, and others.

This information is further validated with primary research (including surveys, interviews, in-person interactions, and viewpoints of surgeons) and secondary research (including authentic trade journals, verified paid sources, and resourceful databases).

The research study on angio suites market also includes top trends and macroeconomic factors shaping the angio suites market. With this approach, the report on angio suites market assumes the industry attractiveness of every key segment over the forecast period.

Segmentation

The report offers a comprehensive taxonomy of the angio suites market on the basis of product type, end user and region. On the basis of product type, the global angio suites market has been segmented into biplane angio suites and single plane angio suites.

On the basis of end user, the global angio suites market has been segmented into hospitals and cath labs. From a geographical perspective, the angio suites market has been segmented into North America, Latin America, Europe, Asia Pacific and Middle East & Africa (MEA).

Frequently Asked Questions

What is the Demand Analysis for Angio Suites?

Demand for angio suites is likely to grow at a CAGR of 9.1% through 2032.

What are the Major Restraints of the Angio Suites Market?

High installation charges, set-up costs and a lack of healthcare infrastructure in emerging countries obstructs growth.

What is the Adoption Potential of Angio Suites?

Adoption of angio suites is likely to reach a valuation of USD 2.52 Billion in 2022

Who are the Key Players in the Angio Suites Market?

GE Healthcare, Koninklijke Philips N.V., Siemens AG, Shimadzu Corporation, Canon, Inc., etc.

Table of Content

1. Executive Summary
2. Market Introduction
3. Angio Suites Market Opportunity Analysis
4. Market Background
5. North America Angio Suites Market Analysis 2013 to 2017 and Forecast 2018 to 2028
6. Latin America Angio Suites Market Analysis 2013 to 2017 and Forecast 2018 to 2028
7. Europe Angio Suites Market Analysis 2013 to 2017 and Forecast 2018 to 2028
8. Asia Pacific Angio Suites Market Analysis 2013 to 2017 and Forecast 2018 to 2028
9. Middle East and Africa Angio Suites Market Analysis 2013 to 2017 and Forecast 2018 to 2028
10. Forecast Factors: Relevance and Impact
11. Forecast Assumptions
12. Market Structure Analysis
13. Competition Analysis
- 13.1. GE Healthcare LLC
- 13.2. Philips Healthcare
- 13.3. Canon Medical Systems Corp
- 13.4. Shimadzu Corp
- 13.5. Siemens Healthcare GmbH
14. Global Angio Suites Market Analysis 2013 to 2017 and Forecast 2018 to 2028 by Region
- 14.1. North America
- 14.2. Latin America
- 14.3. Europe
- 14.4. Asia Pacific
- 14.5. Middle East and Africa
15. Global Angio Suites Market Analysis 2013 to 2017 and Forecast 2018 to 2028, By Product Type
- 15.1. Biplane Angio Suites
- 15.2. Single Plane Angio Suites
16. Global Angio Suites Market Analysis 2013 to 2017 and Forecast 2018 to 2028, By End User
- 16.1. Hospitals
- 16.2. Cath Labs
17. Global Angio Suites Market Analysis 2013 to 2017 and Forecast 2018 to 2028
18. Assumptions and Acronyms Used
19. Research Methodology

List of Tables

North America Angio Suites Market Size (US$ Mn) Analysis 2013–2017 and Forecast 2018–2028, By Country
North America Angio Suites Market Size (US$ Mn) Analysis 2013–2017 and Forecast 2018–2028, By Product Type
North America Angio Suites Market Size (US$ Mn) Analysis 2013–2017 and Forecast 2018–2028, By End User
Latin America Angio Suites Market Size (US$ Mn) Analysis 2013–2017 and Forecast 2018–2028, By Country
Latin America Angio Suites Market Size (US$ Mn) Analysis 2013–2017 and Forecast 2018–2028, By Product Type
Latin America Angio Suites Market Size (US$ Mn) Analysis 2013–2017 and Forecast 2018–2028, By End User
Europe Angio Suites Market Size (US$ Mn) Analysis 2013–2017 and Forecast 2018–2028, By Country
Europe Angio Suites Market Size (US$ Mn) Analysis 2013–2017 and Forecast 2018–2028, By Product Type
Europe Angio Suites Market Size (US$ Mn) Analysis 2013–2017 and Forecast 2018–2028, By End User
Asia Pacific Angio Suites Market Size (US$ Mn) Analysis 2013–2017 and Forecast 2018–2028, By Country
Asia Pacific Angio Suites Market Size (US$ Mn) Analysis 2013–2017 and Forecast 2018–2028, By Product Type
Asia Pacific Angio Suites Market Size (US$ Mn) Analysis 2013–2017 and Forecast 2018–2028, By End User
Middle East & Africa Angio Suites Market Size (US$ Mn) Analysis 2013–2017 and Forecast 2018–2028, By Country
Middle East & Africa Angio Suites Market Size (US$ Mn) Analysis 2013–2017 and Forecast 2018–2028, By Product Type
Middle East & Africa Angio Suites Market Size (US$ Mn) Analysis 2013–2017 and Forecast 2018–2028, By End User
Global Angio Suites Market Size (US$ Mn) Analysis 2013–2017 and Forecast 2018–2028, By Region
Global Angio Suites Market Size (US$ Mn) Analysis 2013–2017 and Forecast 2018–2028, By Product Type
Global Angio Suites Market Size (US$ Mn) Analysis 2013–2017 and Forecast 2018–2028, By End User

List of Figures

Angio Suites Market Value Share by Region (2018)
Global Angio Suites Market Share, By Country (2017)
Global Angio Suites Market Share, By Product Type (2017)
Global Angio Suites Market Share, By End User (2017)
North America Angio Suites Market, Snapshot
North America Angio Suites Market Value Share, by Country (2017)
North America Angio Suites Market Value Share, by Product Type (2017)
North America Angio Suites Market Value Share, by End User (2017)
North America Angio Suites Market Size (US$ Mn) Analysis, 2013–2017
North America Angio Suites Market Size (US$ Mn) Forecast & Y-o-Y Growth (%), 2018–2028
North America Angio Suites Market Attractiveness Analysis, By Country
North America Angio Suites Market Attractiveness Analysis, By Product Type
North America Angio Suites Market Attractiveness Analysis, By End User
Latin America Angio Suites Market, Snapshot
Latin America Angio Suites Market Value Share, by Country (2017)
Latin America Angio Suites Market Value Share, by Product Type (2017)
Latin America Angio Suites Market Value Share, by End User (2017)
Latin America Angio Suites Market Size (US$ Mn) Analysis, 2013–2017
Latin America Angio Suites Market Size (US$ Mn) Forecast & Y-o-Y Growth (%), 2018–2028
Latin America Angio Suites Market Attractiveness Analysis, By Country
Latin America Angio Suites Market Attractiveness Analysis, By Product Type
Latin America Angio Suites Market Attractiveness Analysis, By End User
Europe Angio Suites Market, Snapshot
Europe Angio Suites Market Value Share, by Country (2017)
Europe Angio Suites Market Value Share, by Product Type (2017)
Europe Angio Suites Market Value Share, by End User (2017)
Europe Angio Suites Market Size (US$ Mn) Analysis, 2013–2017
Europe Angio Suites Market Size (US$ Mn) Forecast & Y-o-Y Growth (%), 2018–2028
Europe Angio Suites Market Attractiveness Analysis, By Country
Europe Angio Suites Market Attractiveness Analysis, By Product Type
Europe Angio Suites Market Attractiveness Analysis, By End User
Asia Pacific Angio Suites Market, Snapshot
Asia Pacific Angio Suites Market Value Share, by Country (2017)
Asia Pacific Angio Suites Market Value Share, by Product Type (2017)
Asia Pacific Angio Suites Market Value Share, by End User (2017)
Asia Pacific Angio Suites Market Size (US$ Mn) Analysis, 2013–2017
Asia Pacific Angio Suites Market Size (US$ Mn) Forecast & Y-o-Y Growth (%), 2018–2028
Asia Pacific Angio Suites Market Attractiveness Analysis, By Country
Asia Pacific Angio Suites Market Attractiveness Analysis, By Product Type
Asia Pacific Angio Suites Market Attractiveness Analysis, By End User
Middle East & Africa Angio Suites Market, Snapshot
Middle East & Africa Angio Suites Market Value Share, by Country (2017)
Middle East & Africa Angio Suites Market Value Share, by Product Type (2017)
Middle East & Africa Angio Suites Market Value Share, by End User (2017)
Middle East & Africa Angio Suites Market Size (US$ Mn) Analysis, 2013–2017
Middle East & Africa Angio Suites Market Size (US$ Mn) Forecast & Y-o-Y Growth (%), 2018–2028
Middle East & Africa Angio Suites Market Attractiveness Analysis, By Country
Middle East & Africa Angio Suites Market Attractiveness Analysis, By Product Type
Middle East & Africa Angio Suites Market Attractiveness Analysis, By End User
Global Angio Suites Market Share (%) Analysis
Global Angio Suites Market Attractiveness Analysis, By Region
Global Angio Suites Market Value Share Analysis, By Region, 2017 & 2028
Global Angio Suites Market Attractiveness Analysis, By Product Type
Global Angio Suites Market Value Share Analysis, By Product Type, 2017 & 2028
Global Angio Suites Market Attractiveness Analysis, By End User
Global Angio Suites Market Value Share Analysis, By End User, 2017 & 2028
Global Angio Suites Market Size (US$ Mn) Analysis, 2013–2017
Global Angio Suites Market Size (US$ Mn) Forecast & Y-o-Y Growth (%), 2018–2028
Global Angio Suites Market Absolute $ Opportunity, 2013–2028