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The most recent research study on the global “Cath Labs Market” [2023-2030] by Report Ocean provides a description of the segments and sub-segments. It offers a thorough examination of the sector, analyses historical data, forecasts the future, and aids in understanding the market situation, growth prospects, and difficulties.
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Global Cath Labs Market is valued at approximately USD $$ billion in 2021 and is anticipated to grow with a healthy growth rate of more than $% over the forecast period 2023-2030.
Cath lab is an examination room in a clinic or hospital that is equipped with diagnostic imaging equipment. These labs is specially designed to visualize the heart’s arteries and chambers of the heart and to treat any stenosis or abnormality found. The rising inclination towards robot-assisted surgeries, low operational cost, coupled with the increasing government initiatives and reimbursement scenario are the key factors that ate propelling the market growth across the globe.
The rising incidence of cardiovascular disease is exhibiting a positive influence on the growth of the market owing to the increasing requirement for early diagnosis. According the data released by the World Health Organization (WHO) in June 2021, Atrial fibrillation (AFib) is considered as the most prevalent type of severe arrhythmia, which affects more than 33.5 million individuals worldwide. In addition, the British Heart Foundation the “UK Factsheet” report that in July 2021, it was estimated that approximately 7.6 million people in the UK have heart and circulation disorders. Moreover, rise in the applications of Catheterization in various fields, as well as increasing technological advancement are presenting various lucrative opportunities over the forecasting years. However, the lack of reimbursement for independent lab and high maintenance cost for multispecialty labs are challenging the market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Cath Labs Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America dominated the market in terms of revenue, owing to the well-established healthcare industry, along with the rising preference for robotic-assisted surgeries. Whereas, the Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as the growing burden of cardiovascular diseases, as well as rising healthcare expenditure in the market space.
Major market players included in this report are:
Alberta Health Services
Alliance Healthcare Services
Alliance Medical
Campbell Country Health
Inhealth Group
Netcare Hospital
Ramsay Healthcare
PeaceHealth
Peterborough Regional Health Center
Canyon Vista Medical Center
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Type of Service:
Therapeutics
Diagnostics
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World
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