Angio Suites Market Trends

Growth Drivers

• Technological Advancements in Image Guidance Systems - There have been many advancements in imaging systems in recent years, including the development of AI-assisted X-ray interpretation, dual-energy imaging, tomosynthesis, computer-aided diagnoses, and automatic image stitching, as well as digital mobile radiography. These advancements are allowing medical practitioners to diagnose diseases more accurately and quickly, which is resulting in a growing demand for angio suites market in healthcare settings.
• Rapid Growth in Diagnostic Imaging Center Employment – It was observed that approximately 105,700 Diagnostic Imaging Center employees are employed in the US as of 2023. The US Diagnostic Imaging Center Employment Growth in 2023 is expected to be 0.2%.
• Continual Developments in Angio Suites Design - New techniques and equipment in angio suites are being developed to improve patient care and safety, such as low-dose imaging and advanced imaging techniques. For instance, the Yashoda Hospitals in Secunderabad, India, launched a DTAS (Direct to Angio Suite) technology-based 'Bi-Plane Neuro Angio Procedure Suite' in October 2021, enabling patients to receive very quick and advanced treatment for strokes or neurological emergencies, such as heart attacks, in a timely manner.
• Increasing Number of Elderly Individuals Worldwide - The World Health Organization (WHO) is forecasting a rapid increase in the global population consisting of people aged 65 and over from one billion in 2019 to an approximate 1.4 billion in 2030, and to about 2.1 billion by 2050, in contrast to the modest growth in population that occurred in 2019. As people age, they become more prone to illnesses and medical conditions that require imaging scans such as X-rays, ultrasounds, and MRIs. Therefore, the increasing elderly population is expected to drive the demand for Angio Suites market, which are specialized suites that are designed to provide these types of imaging scans.
• Rise In Number of Diabetic Patients - Diabetes is a major risk factor for cardiovascular diseases and stroke, and thus the number of patients needing an angiography suite for diagnosing and treating these diseases is increasing. For instance, approximately 535 million people worldwide suffered from diabetes in 2021, and 780-783 million are estimated to have diabetes by 2045, according to the International Diabetes Federation Report (2022).

Challenges

• High cost of angio suites and the limited number of skilled personnel - Angio suites are extremely expensive to install and maintain, making them inaccessible to many hospitals and clinics. Additionally, the specialized training required to use them effectively is costly and time-consuming, limiting the number of available skilled personnel.
• Long approval process for new products
• Lack of reimbursement policies in many countries