A latest report from Absolute Markets Insights covers insights into the global Angio Suites market. This comprehensive report offers insights into the market, models and drivers of business growth. Also includes Angio Suites market share, sales volume and education charts. Research analysts have combined important and additional information, such as commitments from market leaders, into a well-crafted report. This report is an essential insight into strategies and information and is primarily aimed at business leaders. The main objective of this Angio Suites report is to provide industry knowledge and help our clients achieve natural growth in their respective fields. The Angio Suites report also shows a new uptrend that includes market conditions and market forecast 2022-2030.
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Some of the major players operating in the global Angio Suites market include: 3D Systems Inc., Canon Medical Systems Corporation, GE Healthcare, Guerbet, Phillips Healthcare, Shimadzu Corporation, Siemens Healthcare, and Zeiss Group amongst others.
In terms of revenue, angio suites market was valued at US$ 1412.90 Mn in 2022 growing at a CAGR of 5.9% over the forecast period (2022 – 2030).
The competitive landscape of the market study contains a broader analysis of the regions including North America, Europe, Asia-Pacific, Middle East and Africa, Latin America, which are expected to capture the essence of the market in its broadest category. The list encompasses significant players who manage the sector based on the system’s overall production capabilities, environmental contributions, appropriate channels, and territorial proximity through a system of primary and secondary research methodologies followed by an in-house analytical model. Furthermore, the generated income and a generalized market share for the market is presented with the help of graphs, charts and tables.
Furthermore, the report also contains important collaborations, mergers and acquisitions, key market trends and business policies are evaluated. The study contains primary and secondary information pertaining to the Angio Suites Market in terms of its global status, market size, growth forecasts, trends, segments, and a detailed forecast.
Key insights from the report:
- The report provides key statistics on the market status of Angio Suites Manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
- The report provides a basic overview of the industry, including its definition, applications and manufacturing technology.
- The report features the company profile, product specifications, capacity, production value and market share 2022-2030 for the top vendors.
- The total market is further divided by company, by country and by application/type for the analysis of the competitive landscape.
- The report then estimates the 2022-2030 market development trends of the P2P Loans industry.
- Analysis of upstream raw materials, downstream demand and current market dynamics is also performed.
- The report makes some important proposals for a new project of Angio Suites Market before evaluating its feasibility.
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Covid-19 cumulative impact:
This study presents insights into COVID-19 on consumer behavior and changes in demand, purchasing patterns, supply chain reorganization, dynamics of market forces, and substantial government involvement. The new research provides insights, analysis, estimates and predictions in light of the effect of COVID-19 on markets. The Angio Suites Market report provides a solid observation on the prominent players in terms of strategic analysis, micro and macro market trends and opportunities, pricing trends, and a generalized overview of the market. The Angio Suites Market is a detailed study packed with primary and secondary market factors, market share, leading segments and a proper geographic analysis.
Key questions answered in this report:
- What will the market size and growth rate be in 2030?
- What are the key drivers of the global market?
- What are the key market trends impacting the growth of the global market?
- What are the market growth challenges?
- Who are the key vendors in the global market?
- What are the global market opportunities and challenges for sellers?
- What are the key findings of the global five-point analysis of the Angio Suites market?
In the global angio suites market, the major drivers contributing to the market growth are government funding along with the development of new innovative medical devices. Due to increasing incidence of life-threatening diseases, diagnostics procedures are increasing all over the world. The direct and indirect costs of diagnosis as well as imaging are observed to have increased over the period of time. In order to develop cost-effective and efficient medical devices, various governments in developed countries are actively funding research & development (R&D) activities, which is contributing towards the growth of global angio suites market.
In 2017 – 2018, the State Government of New South Wales (NSW) in Australia sanctioned medical devices fund of about US$ 8 million as the government wanted to encourage and support investments in the development and commercialization of medical devices and other related technologies. Private companies are also investing into R&D, which is anticipated to further boost the growth of global angio suites market. In August 2021, Biosensors established a global R&D center that was meant to provide round-the-clock R&D services. Many innovation centers have been set up in Shanghai, Singapore, California, and Europe in line with the company’s global expansion strategies within the global angio suites market.
High costs associated with the installation of angio suites is restraining the growth of global angio suites market. In countries where medical infrastructure is not developed, especially those in the Middle East & Africa, the lack of skilled professionals and standard usage guidelines is significantly impacting the market growth. However, various government are spending heavily on developing healthcare sector in their countries, which is anticipated to address the concerns, thus favoring the growth of global angio suites market. For instance, in August 2019, due to high costs, U.S. Food and Drug Administration (FDA) decided to replace pressure wires and adenosine with image-based fractional flow reserve (FFR). FDA cleared three new angiography imaging-based FFR assessments for use in catheterization laboratory.
In March 2021, according to the data presented at the virtual International Stroke Conference, it was concluded that the direct transfer to angiography suite workflow could increase the number of patients who received endovascular treatment. Compared with a direct to CT suite workflow, it could also reduce door-to-groin and onset-to-reperfusion times. The medical treatments where angio suite plays an important role are becoming more advanced and more efficient, which is estimated to propel the growth of global angio suite market over the forecast period.
For diagnosis and treatment of China-originated coronavirus, many countries are planning to align coronary CT angiography protocols with current acquisition guidance so that accurate diagnosis and optimal image quality can be ensured. The use of telemedicine is also increasing for COVID-19 diagnosis. Hence, the market for COVID-19 treatment methods and accessories has huge opportunities for the growth of global angio suites market. In October 2020, a journal of the American Stroke Association, published a report highlighting that the lung scans for stroke patients could provide detection of COVID-19 at an earlier stage. Report elaborated this theory, stating that during acute ischemic stroke (AIS), evaluation of the lung apices using computed tomography (CT) angiography of the head and neck could provide the first objective opportunity to screen for coronavirus.
The rise in implementation of artificial intelligence (AI) and analytics in diagnostic imaging and growing adoption of teleradiology showcase significant growth opportunities for global angio suites market over the period of next eight years. In the field of teleradiology, AI is one of the most promising breakthroughs. Across all the major imaging modalities, the adoption of AI is higher in CT and magnetic resonance imaging (MRI) systems. Based on applications, AI is heavily used in neuroradiology. In July 2020, Lunit expanded collaboration with GE Healthcare to advance AI adoption. Two companies are working together to develop AI algorithms from Lunit INSIGHT Chest radiograph (CXR) that are available through GE Healthcare’s Thoracic Care Suite. This would help the whole medical sector to alleviate clinical strain among radiologists and improve patient outcomes.
Global Angio Suites Market Segmentation:
Angio Suites Market By Offering (Systems (Single Plane System & Biplane System) And Services); By Procedure Type (Interventional Radiology & Oncology, Interventional Cardiology, Hybrid Surgery, Neuro Intervention, Electrophysiology, And Others); By End Users (Hospitals, Clinics, And Others); By Region (North America (U.S., Canada, Mexico, & Rest Of North America), Europe (France, The UK, Spain, Germany, Italy, Nordic Countries (Denmark, Finland, Iceland, Sweden & Norway), Benelux Union (Belgium, The Netherlands, Luxembourg), & Rest Of Europe), Asia Pacific (China, Japan, India, New Zealand, Australia, South Korea, Southeast Asia (Indonesia, Thailand, Malaysia, Singapore & Rest Of Southeast Asia), & Rest Of Asia Pacific), Middle East & Africa (Saudi Arabia, UAE, Egypt, Kuwait, South Africa, & Rest Of Middle East & Africa) Latin America (Brazil, Argentina, & Rest Of Latin America)) – Global Insights, Growth, Size, Comparative Analysis, Trends And Forecast, 2022 – 2030
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