IMV: Cath lab market to grow over next 3 years

By AuntMinnie.com staff writers

October 2, 2013 -- The U.S. cardiac catheterization lab market appears to be growing as more healthcare facilities look to replace aging equipment, according to a new report from market research firm IMV Medical Information Division.

The census-based report found that both patient volume and installed base are rising as the market recovers from a recent slowdown. While patient volume has increased at a rate of 0.5% per year, the number of fixed cath lab systems has increased at an average annual growth rate of 3.3%, from 4,225 units as of IMV's 2008 census to 4,980 units in 2012, according to IMV.

An estimated 44% of surveyed cath lab sites are considering the purchase of cath lab units over the next three years to replace units or add rooms, IMV found. This is likely due to a variety of factors, including an installed base of older units, continued interest in using cath lab rooms for minimally invasive procedures, and adding fixed C-arms for use with cardiac and noncardiac procedures, according to the firm.

Disclosure notice: AuntMinnie.com is owned by IMV, Ltd.


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