Global Angiography Equipment Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2026
Angiography Equipment Market Overview:
Angiography Equipment Market was valued at $24 million in 2020 & is projected to reach $34 million by 2030. It is expected to grow at a 5% CAGR between 2021 and 2030.
The Angiography Equipment Market report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2026.
The Angiography Equipment Market report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint.
The global angiography equipment market report has been segmented on the basis of devices, procedure, indication, end-user, and region.
This Angiography Equipment Market report is based on the synthesis, analysis, and interpretation of information gathered regarding the target market from various sources.
Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market.
In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in the future.
Angiography is a type of medical imaging technique used to visualize the insides of an individual.
Its primarily used for checking blood vessels ad their flow in arteries, veins, and heart chambers. Angiography is done by use of a radio-opaque contrast agent, which is injected into an individual’s bloodstream and the image is produced using X-ray-based techniques, primarily by the use of X-ray fluoroscopy.
The increasing incidence of cardiovascular diseases is a major factor driving the growth of the global angiography equipment market.
In addition, rising demand for minimally invasive surgeries and favorable government initiatives and reimbursement policies in developed economies are other major factors expected to boost the growth of the global angiography equipment market over the forecast period.
However, high costs associated with procurement and the use of technologically advanced angiography equipment are major factors restraining the growth of the global angiography equipment market.
Additionally, the lack of reimbursement policies in emerging economies coupled with continuous changes in regulatory policies with respect to approval and use of angiography equipment are other major factors expected to hamper the growth of the global angiography equipment market over the forecast period.
Currently, the market in Europe accounts for the highest share in the global angiography equipment market in revenue terms, owing to growing awareness about early diagnosis of heart-related conditions, and rising stress levels in the region.
The market in the Asia Pacific accounted for the second-highest revenue share in the global angiography equipment market, due to high healthcare expenditure by governments of countries, and increasing awareness about angiography, followed by markets in Latin America, Asia Pacific, and the Middle East & Africa respectively.
Moreover, the market in the Asia Pacific is projected to witness the fastest growth in terms of revenue, owing to an increase in the number of patients suffering from chronic diseases, and rise in government initiatives for improvement of healthcare facilities in the region.
Moreover, the markets in Latin America and Middle East & Africa are expected to witness moderate growth over the forecast period. Also, revenue from the market in Middle East & Africa is projected to register a CAGR of X.X% over the forecast period.
Angiography Equipment Market Segmentation:
- Magnetic Resonance Angiography (MRA)
- Computed Tomography Angiography (CTA)
- Conventional Angiography
- Digital Subtraction Angiography (DSA)
- Catheter angiography
- Coronary angiography
- Coronary Angiography
- Pulmonary Angiography
- Cerebral Angiography
- Extremity Angiography
- Renal Angiography
- Coronary Artery Disease (CAD)
- Congenital Heart Disease
- Congestive Heart Failure
- Kidney Disorders
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- GE Healthcare
- Koninklijke Philips N.V.
- Siemens Healthineers
- Canon Corporation
- Boston Scientific Corporation
- Cordis Corporation
- Shimadzu Corporation
- Medtronic, Plc.
- AngioDynamics Inc.
- Braun Melsungen
- Abbott Laboratories
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