Press release
Global Angio Suites Market to Reach $2.53 Billion by 2029, Growing at 7.2% CAGR
What Is the Expected Size and Growth Rate of the Angio Suites Market?The market for angio suites has seen significant expansion in the past few years. Projected growth is from $1.78 billion in 2024 to $1.92 billion in 2025, with a Compound Annual Growth Rate (CAGR) of 7.4%. This past growth is credited to factors such as an increase in cardiovascular disease cases, a rise in outpatient surgical procedures, greater healthcare spending, improved results for patients, and a moving trend towards minimally invasive procedures.
Expectations suggest steady expansion in the angio suites market over the next several years, with a projection to reach $2.53 billion in 2029, advancing at a compound annual growth rate (CAGR) of 7.2%. The projected growth during the forecast period stems from multiple factors such as the increase in the elderly population, the broadening of outpatient and ambulatory surgery services, a higher incidence of chronic diseases, a heightened emphasis on early detection, and rising health consciousness. Key trends that will influence the market during this timeframe encompass technological progressions, less invasive procedures, linkages with electronic health records, improved imaging systems, and the adoption of robot-assisted technologies.
What Is Contributing to the Growth of the Angio Suites Market?
The escalating incidence of cardiovascular disorders is foreseen to fuel the expansion of the angio suites market. These encompass a myriad of conditions impacting the heart and blood vessels like coronary artery disease, heart attacks, strokes, and high blood pressure. Furthermore, inactive lifestyles, unhealthy dietary habits, and prevalent obesity are significant contributors to heart-related issues. Angio suites offer state-of-the-art imagery and procedural technologies making accurate diagnosis and treatment of intricate cardiovascular ailments feasible via real-time visualization and less invasive methods. For instance, records from the US-based charitable organization, the American Heart Association, in January 2024 show that fatalities from cardiovascular diseases have incremented to 931,578, a marginal rise of less than 3,000 compared to the previous year's 928,741. Correspondingly, the age-adjusted mortality rate due to heart disease also witnessed a slight surge, reaching 233.3 per 100,000, indicating a 4.0% hike from the rate of 224.4 per 100,000 of the past year. Consequently, the escalating prevalence of cardiovascular disease is set to boost the growth of the angio suites market.
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Which Leading Companies Are Shaping the Growth of the Angio Suites Market?
Major companies operating in the angio suites market are Medtronic Plc, FUJIFILM Holdings Corporation, Siemens Healthineers, Koninklijke Philips N.V., GE Healthcare, Boston Scientific Corporation, B. Braun Melsungen AG, Hologic Inc., Mindray Medical International Limited, Agfa-Gevaert Group, Shimadzu Corporation, Canon Medical Systems Inc., Cook Medical LLC, Carl Zeiss AG, Elekta AB (publ), Planmeca Oy, Carestream Health Inc., Guerbet Group, 3D Systems Inc., Ziehm Imaging GmbH, Surgical Science Sweden AB, IMRIS Inc., Allengers Medical Systems Limited, Lam Vascular and Associates Inc., NeuroLogica Corporation
What Are the Major Trends Shaping the Angio Suites Market?
Leading firms in the angio suites market are incorporating high-tech imaging solutions such as the biplane angiography system to boost diagnostic precision, elevate procedural efficiency, and offer an all-encompassing view for intricate vascular interventions. The biplane angiography system is a groundbreaking imaging technology that concurrently procures two crosswise X-ray images of the vascular system, furnishing detailed, live-time visualization to aid in complex intervention procedures and enhance diagnostic precision. For example, Siemens Healthineers, a medical tech and healthcare solutions provider from Germany which specializes in imaging, diagnostics, and advanced therapies, rolled out the ARTIS icono in June 2022. This is a biplane angiography system created for thorough diagnostic imaging and interventional therapies. It caters to a broad range of procedures, such as neuro-angiography, general and cardiac angiography, along with interventional radiology, even accommodating overweight and pediatric patients. The system combines X-ray, image fusion, and navigation technologies, making it apt for image-directed surgeries in surgical rooms.
What Are the Key Segments of the Angio Suites Market?
The angio suites market covered in this report is segmented -
1) By Type: Single-Plane, Bi-Plane
2) By Technology: X-ray Angiography, Computed Tomography (CT) Angiography, Magnetic Resonance Angiography (MRA), Other Technologies
3) By Application: Cardiac Angiography, Neurology Angiography, Oncology Angiography, Peripheral Vascular Angiography, Other Applications
4) By End-User: Hospitals, Ambulatory Surgical Centers, Diagnostic Imaging Centers, Other End-Users
Subsegments:
1) By Single-Plane: Fixed C-arm Single-Plane Systems, Rotating C-arm Single-Plane Systems, Compact Single-Plane Systems
2) By Bi-Plane: Fixed C-arm Bi-Plane Systems, Rotating C-arm Bi-Plane Systems, Hybrid Bi-Plane Systems
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Which Region Dominates the Angio Suites Market?
North America was the largest region in the angio suites market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the angio suites market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Angio Suites Global Market Report?
- Market Size Analysis: Analyze the Angio Suites Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Angio Suites Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Angio Suites Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Angio Suites Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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