Angiography Devices Market Size, Strategic Analysis, Growth Drivers, Industry Trends, Demand and Future Opportunities and Forecast Period
The global
market for angiography devices market was estimated to be worth USD 13.09
billion in 2023, and it is anticipated to expand at a compound annual growth
rate (CAGR) of 5.1% over the course of the forecast period. Other significant
drivers driving market expansion include investments in the healthcare
industry, the aging population, and the increased incidence of cardiovascular
diseases (CVDs). Increasing healthcare spending in middle- and low-income
nations to stop cardiovascular disease-related mortality.
Globally, the
number of people with diabetes and obesity is rising, which contributes to the
incidence of cardiovascular diseases. Healthcare technology is revolutionizing
medical care, increasing productivity, and enhancing patient outcomes.
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Growth
Drivers
With more
cardiovascular patients worldwide, there is a growing need for minimally
invasive procedures due to technological developments in imaging systems.
Significant growth catalysts include the increase in cases of chronic heart
disease and advancements in angiography technology, including better imaging
quality (e.g., 3D imaging, high-resolution detectors), lower radiation
exposure, and the incorporation of artificial intelligence (AI).
The need for
diagnostic and interventional procedures is growing as the world's population
ages, making them more vulnerable to chronic diseases like cardiovascular
diseases. Angiography devices are used because older persons need to be
monitored and treated frequently. Increased demand for angiography devices is a result of government initiatives,
public health campaigns, and organizational initiatives to increase awareness
of cardiovascular health and the value of early diagnosis.
Segmentation
Angiography
Equipment Product based Segmentation
· Angiography
Systems
· Catheters
· Guidewire
· Balloons
· Contrast
Media
· Vascular
Closure Devices
· Angiography
Accessories
Angiography
Equipment Technology based Segmentation
· X-Ray
· MRA
· CT
Angiography
Equipment Market Procedure
· Coronary
· Endovascular
· Neurovascular
Angiography
Devices market on the basis of Equipment
· Diagnostic
· Therapeutic
By Region
· Asia-Pacific
· North
America
· Latin
America
· Middle
East and Africa
· Europe
Key
Players
· Boston
Scientific
· Medtronic
Plc.
· Abbott
· Microport
Scientific Corporation
· B.
BRAUN SE
· KONINKLIJKE
PHILIPS N.V.
· Angiodynamics
Inc.
· GE
Healthcare
· Cardinal
Health
· Siemens
Healthineers AG
· SHIMADZU
CORPORATION
· Other
Players
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