Overview and Scope
The angiogram equipment examine blood vessels as well as to view a person’s internal organs. The process involves injecting a radio-opaque contrast agent into the bloodstream of the patient and creating the image using X-ray-based methods.
Sizing and Forecast
The angiography equipment market size has grown strongly in recent years. It will grow from $12.47 billion in 2023 to $13.41 billion in 2024 at a compound annual growth rate (CAGR) of 7.5%. The growth in the historic period can be attributed to rising cardiovascular diseases, minimally invasive procedures, aging population, healthcare infrastructure development, clinical research and development..
The angiography equipment market size is expected to see strong growth in the next few years. It will grow to $17.95 billion in 2028 at a compound annual growth rate (CAGR) of 7.6%. The growth in the forecast period can be attributed to integration with hybrid ors, data security and privacy, globalization of healthcare services, patient-centric care, personalized healthcare.. Major trends in the forecast period include global healthcare accessibility, remote consultation and training, value-based healthcare models, data security and interoperability, customization and tailored solutions..
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Segmentation & Regional Insights
The angiography equipment market covered in this report is segmented –
1) By Product: Angiography Systems, Angiography Catheters, Angiography Contrast Media, Vascular Closure Devices (VCDs), Angiography Balloons, Angiography Guidewires, Angiography Accessories
2) By Technology: X-Ray Angiography, CT Angiography, MR Angiography, Other Technologies
3) By Procedure: Coronary Angiography, Endovascular Angiography, Onco-Angiography, Neuro-angiography, Other Procedures
4) By End User: Hospitals And Clinics, Diagnostic And Imaging Centers, Research Institutes
Europe was the largest region in the angiography equipment market share in 2023. The regions covered in the angiography equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The rising frequency of cardiovascular illnesses is expected to drive the angiography equipment market. Cardiovascular disease (CVD) system uses X-ray pictures to detect cardiac blood arteries that are obstructed or constricted. For instance, according to a 2021 report World Health Organization (WHO), a Switzerland-based specialized agency responsible for international public health, an estimated 17.9 million people died from cardiovascular illnesses, representing 32% of all global deaths. Of these deaths, 85% were due to heart attack and stroke. Therefore, the rising frequency of cardiovascular illnesses will continue to drive the growth of the angiography equipment market.
Key Industry Players
Major companies operating in the angiography equipment market report are General Electric Company, Koninklijke Philips N.V., Siemens Healthineers AG, Canon Corporation, Boston Scientific Corporation, Cordis Corporation, Shimadzu Corporation, Medtronic plc, Angiodynamics, B. Braun Melsungen, Abbott Laboratories, Terumo Corporation, Toshiba Medical System Corporation, Merit Medical Systems Inc., Hitachi Medical Systems, Carestream Health, Hologic Inc., Guerbet S.A., Bracco Imaging SpA, Lantheus Medical Imaging Inc., Nordion Inc., Esaote SpA, Mindray Medical International Limited, Neusoft Medical Systems Co. Ltd., Samsung Medison Co. Ltd., FUJIFILM Medical Systems Inc., Ziehm Imaging GmbH, Shimadzu Medical Systems Inc., Omega Medical Imaging Inc., Allengers Medical Systems Limited
The angiography equipment market report table of contents includes:
1. Executive Summary
2. Market Characteristics
3. Market Trends And Strategies
4. Impact Of COVID-19
5. Market Size And Growth
6. Segmentation
7. Regional And Country Analysis
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27. Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
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