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Allied Market Research

Cath Lab Market Global Opportunity Analysis and Industry Forecast 2020-2027

A11508
Pages: NA
Aug 2021 | 14 Views
 
Author(s) : Onkar Sumant
Tables: NA
Charts: NA
 

COVID-19

Pandemic disrupted the entire world and affected many industries.

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Cath lab is an area in which various tests and procedures including ablation, angiogram, angioplasty, and implantation of pacemakers is done. This procedure can be completed while keeping the patient conscious. The staff committee of Cath lab consists of various specialist teams, which is led by the cardiologist. The operation theatre is different from Cath lab as the surgeries like heart bypass operation under a general anesthetic is done only in operation theatre and not in Cath lab.

The Cath lab is well known by the name catheterization laboratory. Its build with advanced diagnostic imaging equipment. It is used for visualizing the arteries of the heart and chambers too and treat any stenosis or abnormalities.

Market scope and structure analysis:

Report Metric

Details

Market size available for years

2019-2027

Base year considered

2019

Forecast period

2020–2027

Forecast units

Value (USD)

Segments covered

Type, Facility Type, Applications, End User, Region

Regions covered

North America (U.S. and Canada), Europe (Germany, UK, France, and the Rest of Europe), Asia-Pacific (China, Japan, India, and the Rest of Asia-Pacific), Latin America (Brazil, Mexico, and the Rest of LATAM) and The Middle East and Africa

Companies covered

Major players analyzed include Alberta Health Services, Alliance Healthcare Services, Inc., B. Braun Melsungen AG, GE Healthcare, Johnson & Johnson, Koninklijke Philips N,V., Medtronic plc., Ramsay Health Care Limited, Shimadzu Corporation, Siemens Healthineers AG, o

 

COVID-19 scenario analysis:

To take care of the infected population the demand for medical supplies is increasing. X-ray generators, X-ray tube assembly, tube stand, patient table, Ventilator, bedside monitor, Digital imaging systems, Cine film imaging, Rossman weighing machine, syringe pump, defibrillator, Rossman stethoscope and monitor are among the majorly used medical devices in primary clinical treatment. Moreover, COVID-19 has led to a huge surge in demand for medical supplies such as personal protective equipment including masks, gloves, and protective eyeglasses. With a rise in the number of COVID-19 cases worldwide, the need for medical supplies keeps on rising among, both from healthcare professionals and civil populations for precautionary measures. Manufacturers of these products have a chance to capitalize on this increased demand for medical supplies to ensure adequate and continuous supply of personal protective equipment in the market.

Owing to such factors, COVID 19 is expected to have a significant impact on Cath Lab market.

Top impacting factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis

Increasing investments in pharmaceutical and biopharmaceutical companies, change in the lifestyle of the population from being healthy to adopting unhealthy measures in the lifestyle; rise in the applications of Catheterization in various fields are the major factors propelling the growth of Cath lab market. Also technical advancements, favorable government initiatives, affordability of interventions are some of the factors expected to propel the growth of the market.

Cath lab innovations, manufacturers and research laboratories are collaborating together and this is anticipated to offer significant growth opportunities in the market.

Government is also helping by implementing various strategies and activities to diminish ecological contamination leading to environment friendly technologies.

The Cath lab industry has also suffered a certain impact due to slowdown in the global economic growth. In addition, lack in awareness and carefulness is also hindering the market.

New innovations to flourish the market

The advancements in procedures and emerging technologies are making drastic changes in treatment processes. Nowadays the diagnostic angiogram and angioplasty procedures have taken the place of surgery and many of the patients are discharged on the same day after the surgery. The implementation of this initiatives will surely add value to an existing procedure by providing safety parameter through evidence-based care, increasing standardization and expanding the care team beyond the procedural room.

Surge in usage of Cath lab

 Surgery centers, hospitals, research laboratories, and specialty hospitals are the major consumers of the Cath lab market. Among them, independent labs and hospital-based labs are the biggest end users of the market. This is due to the rising result outcomes along with the increasing importance of Catheterization, which are propelling the demand of the Cath lab market.

Key segments covered:

Segments

Sub-segments

  Type

 

    • Therapeutic Services
      • Angioplasty
      • Stent placements
      • Rotational Atherectomy
      • Thrombectomy
      • Cardioversion
      • Transcatheter aortic valve replacement
    • Diagnostic Services
      • Angiography
      • Coronary intravascular ultrasound
      • ECG/EKG
      • Fractional flow reserve
      • Others
    • Equipment

  Facility type

 

  • Independent labs
  • Hospital based labs

  Application

  • Angiogram
  • Angioplasty
  • Ablation
  • Pacemaker or ICD insertion
  • Others

  End User

  • Hospitals
  • Ambulatory Surgery Centre
  • Others

  Region

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • The Middle East and Africa

 

Key benefits of the report:

  • This study presents the analytical depiction of the global Cath lab market industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global Cath lab market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the global market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed global Cath lab market analysis based on competitive intensity and how the competition will take shape in coming years.

Questions answered in the Cath lab Market research report:

  • Which are the leading market players active in the Cath lab market?
  • What current trends will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the market?
  • What are the projections for the future that would help in taking further strategic steps?
 
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