Global Angiography Devices Market is valued at approximately USD 11409.32 million in 2021 and is anticipated to grow with a healthy growth rate of more than 6.2% over the forecast period 2022-2029. The medical devices and instruments used for imaging and diagnostics are called angiography devices.
A medical procedure known as angiograms makes it possible to image the lumen of blood vessels such as arteries and veins as well as the chambers of the heart and other body organs. These are also known as low-risk vascular imaging devices. The key factors driving the market growth are rising aging population and incidence of cardiovascular diseases. Also, another factor driving the market growth is rising government investments in healthcare infrastructure that creates lucrative demand for the market.
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According to the World Health Organization, over 17.9 million deaths worldwide occur in 2017, as a result of cardiovascular diseases, and by 2030, this number is expected to rise to over 23.6 million. As a result, the prevalence of cardiovascular diseases is boosting the market for angiography devices, which could gradually result in the market’s growth. Also, rising demand for interventional angiography systems in minimally invasive surgeries would create lucrative opportunities for the market during forecast period. However, the poor reimbursement policies and high cost of angiography stifle market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Angiography Devices Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the rising geriatric population and prevalence of cardiovascular diseases and presence of key companies in the U.S. attributed to the major share of the market. Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as rising favorable government reimbursement policies, technological advancements, and rising investment in healthcare sector.
Major market players included in this report are:
Toshiba Medical Systems Corporation
St. Jude Medical, Inc.
Siemens AG
Shimadzu Corporation
Medtronic Plc
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Koninklijke Philips N.V.
General Electric Company
Johnson & Johnson
Boston Scientific Corporation
Abbott Laboratories
Recent Developments in the Market:
In April 2022, GE Healthcare launched its new product, the “Discovery IGSTM 740 mobile angiography system.” The untethered Discovery IGS 740 offers seating flexibility and room design. Users may experience superior comfort and control due to the rail-free design and flexible wide bore C-arm positioning of the Discovery. Additionally, both in 2D and 3D, its large detector covers large anatomies.
In 2021, Royal Philips introduced its perception for interventional drugs by integrating its breakthrough spectral CT imaging technology into a hybrid Angio CT suite. Through the combination of its unique Spectral CT 7500 system and its Image-Guided Therapy System – Azurion with FlexArm into a single interventional suite solution, Philips aims to provide interventionalists with rapid table-side access to these two significant imaging modalities.
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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 Device:
Computed Tomography (CT)
Angiography Devices
Magnetic Resonance Angiography (MRA) Devices
X-ray Angiography Devices
By Product:
Catheter Tubes
Angiography Systems
Balloons Guidewires
Vascular Closure Devices
Guidewires
Contrast Media
Accessories
By Procedure:
Coronary Angiography
Micro-angiography
Non-coronary Angiography
Others
By Application:
Diagnostics
Therapeutics
By Indication:
Known & Suspected Coronary Artery Disease (CAD)
Congenital Heart Disease
Congestive Heart Failure
Valvular Heart Disease
Others
By End-User:
Diagnostic Centers
Hospitals
Academic Research Laboratories
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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
Table of Content:
- Report Overview
- Global Growth Trends
- Competition Landscape by Key Players
- Data Segments
- North America Market Analysis
- Europe Market Analysis
- Asia-Pacific Market Analysis
- Latin America Market Analysis
- Middle East & Africa Market Analysis
- Key Players Profiles Market Analysis
- Analysts Viewpoints/Conclusions
- Appendix
Here is an overview of the different factual statements covered by the study:
- The learn about consists of an area that breaks down strategic traits for the primary gamers in present and upcoming R&D, new product launches, collaborations, regional expansion, and mergers & acquisitions.
- The lookup focuses on essential market traits such as revenue, product cost, potential and utilization rates, import/export rates, supply/demand figures, market share and CAGR.
- The learn about is a series of analyzed records and a variety of barrels of house bought via a mixture of analytical equipment and an inside look up process.
- The Market can be divided into 4 areas in accordance to the regional breakdown: North American Markets, European Markets, Asian Markets and Rest of the World.
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