What is Cath Lab Services Market Scope?
Cath Lab Services are treatment, therapeutic or diagnostic procedures performing minimal invasive tests to treat patients primarily suffering from cardiovascular diseases. The lab or room in hospital or clinics where such services are provided are known as cardiac catheterization lab or cath lab. The lab is equipped with special imaging equipment, catheters (small flexible tubes) and other modern healthcare monitoring machinery to monitor heart and arteries. This determines how well the blood flow is, and if or whether there are any blockades. Primarily there are 2 major types of services provided under Cath Lab which are Diagnostic and Therapeutic cath lab services. Geographically North America and Europe are the major markets of Cath Lab Services, But India and China remain potential contestants for growth of such services with rising health care investment both by government and private industry.
The Cath Lab Services market study is being classified by Type (Vascular Angiogram, Vascular Angioplasty and Stenting, Cardiac Catherization and Carotid Artery Stenting), by Application (Hospital, Clinic and Others) and major geographies with country level break-up.
Alliance HealthCare Services (United States), Ramsay Health Care (Australia), Alpha Medicare & Devices Pvt. Ltd. (India), Alberta Health Services (Canada), Campbell County Health (United States), Netcare Group (South Africa), Advin Health Care (India), MEDKM Healthcare. (India), Care UK (United Kingdom) and Siemens Healthineers (United States) are some of the key players profiled in the study.
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Cath Lab Services market by Type, Application and Region.
On the basis of geography, the market of Cath Lab Services has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
In 2020, Kauvery Hospital, one of South India’s leading healthcare providers specialised in tertiary care has launched India’s First Hybrid Cath Lab Operating Room. This introduction of new technology will enable health experts of Kauvery Hospital to provide safe and precise treatment and carry on cardiovascular and neurovascular surgeries.
Influencing Market Trend
- High Investments in Healthcare Research and Development Specifically in Robotics and Automation
Market Drivers
- Increasing Number of Patients Suffering from Cardio Vascular Diseases
- Rising Investment in Automation and Technology in Healthcare Industry
Opportunities
- Underutilisation of Advanced Healthcare Technology in Emerging Economies
- Growth in Healthcare Infrastructure due to Pandemic
Restraints
- Poor Healthcare Infrastructure in Developing Countries
- High Cost or Expensive Charges of Catherization Procedure
Challenges
- Lack of Enough Skilled Healthcare Personals in Developing Country who can carry out such procedures
Key Target Audience
Cath Lab Services Providers, New Entrants/Investors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations, End-Use Industries and Others
Customization available in this Study:
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