The Angiography Equipment Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Angiography Equipment Global Market Report 2024, 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.
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.
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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
Product innovation in angiography equipment is a key trend in the angiography equipment market. Major companies operating in the angiography equipment market are focused on developing new innovative solutions to strengthen their position in the market. For instance, in June 2022, Shimadzu Medical Systems, a US-based manufacturer of advanced imaging systems, launched a new angiography system called TriniasTM angiography system. It uses artificial intelligence (AI) deep learning technology while using 40% or lower X-ray doses than previous models. The image-processing engine of an angiography system has never before used AI, hence this is a first. Additionally, the new Trinias system delivers a sizable new feature set to streamline workflow, enabling a more productive clinical operation in any medical facility.
The angiography equipment market report table of contents includes:
1. Executive Summary
2. Angiography Equipment Market Characteristics
3. Angiography Equipment Market Trends And Strategies
4. Angiography Equipment Market – Macro Economic Scenario
5. Global Angiography Equipment Market Size and Growth
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26. South America Angiography Equipment Market
27. Brazil Angiography Equipment Market
28. Middle East Angiography Equipment Market
29. Africa Angiography Equipment Market
30. Angiography Equipment Market Competitive Landscape And Company Profiles
Top Major Players:
- General Electric Company
- Koninklijke Philips N.V
- Siemens Healthineers AG
- Canon Corporation
- Boston Scientific Corporation
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