Global Angiography Equipment Market, By Product (Angiography Systems, Angiography Catheters, Angiography Contrast Media, Vascular Closure Devices (VCDs), Angiography Balloons, Angiography Guidewires, Angiography Accessories), Technology (X-Ray Angiography, CT Angiography, MR Angiography, Other), Procedure (Coronary Angiography, Endovascular Angiography, Neuroangiography, Onco-Angiography, Other), Indication (Coronary Artery Disease, Valvular Heart Disease, Congenital Heart Disease, Congestive Heart Failure, Other), Application (Diagnostics, Therapeutics), End User (Hospitals And Clinics, Diagnostic and Imaging Centers, Research Institutes), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2029.
Market Analysis and Insights of Angiography Equipment
Angiography equipment market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses the market to grow at a CAGR of 5.95% in the above-mentioned forecast period.
Angiography equipment is basically a medical imaging equipment for checking blood vessels ad their flow in arteries, veins, and heart chambers and used to visualize insides of an individual. It is generally utilized to check blood vessels ad their flow in arteries, veins, and heart chambers. It is done by use of radio-opaque contrast agent, which is injected into an individual’s blood stream and the image is produced using X-ray based techniques, primarily by use of X-ray fluoroscopy.
The growth in aging population and incidence of coronary vascular diseases along with increasing incidence of cardiovascular diseases across the globe is the significant factor responsible for driving the growth of the angiography equipment market in the above-mentioned forecast period. Additionally, the factors such as increasing awareness programs, conferences, and funding activities, demand for interventional angiography systems in minimally invasive surgeries also heighten the overall growth of the market. The rising demand for minimally invasive surgeries and favorable government initiatives and reimbursement policies in developed economies are also estimated to accelerate the overall growth of the market. However, the limitations in reimbursement for angiography procedures obstruct the market’s growth. The high costs associated with procurement and use of technologically advanced angiography equipment are also estimated to be the restraint that will hamper the overall growth of the market.
The emerging markets and technological advancement are expected to generate profitable opportunities for the market. On the other hand, the risk of radiation exposure have the potential to challenge for the market’s growth.
This angiography equipment market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Data Bridge Market Research angiography equipment market contact us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Angiography Equipment Market Scope and Market Size
Angiography equipment market is segmented on the basis of product, technology, procedure, indication, application and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- Based on product, the angiography equipment market is segmented into angiography systems, angiography catheters, angiography contrast media, vascular closure devices (vcds), angiography balloons, angiography guidewires and angiography accessories.
- On the basis of technology, the angiography equipment market is segmented into X-Ray angiography, CT angiography, MR angiography and other.
- Based on procedure, the angiography equipment market is segmented into coronary angiography, endovascular angiography, neuroangiography, onco-angiography and other.
- On the basis of indication, the angiography equipment market is segmented into coronary artery disease, valvular heart disease, congenital heart disease, congestive heart failure and other.
- Based on application, the angiography equipment market is segmented into diagnostics and therapeutics.
- Angiography equipment market has also been segmented based on the end user into hospitals and clinics, diagnostic and imaging centers and research institutes.
Angiography Equipment Market Country Level Analysis
Angiography equipment market is segmented on the basis of product, technology, procedure, indication, application and end user.
The countries covered in the angiography equipment market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the market due to the increasing geriatric population and prevalence of CVDs. Presence of major companies in the U.S. attributes to the major share of the market in the region. Europe, on the other hand is expected to show a rapid and lucrative growth rate in the forecast period owing to the presence of majority of local and foreign manufacturers and growing demand for advanced medical devices and prevalence of CVD.
The country section of the angiography equipment market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure Growth Installed Base and New Technology Penetration
Angiography equipment market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment’s, installed base of different kind of products for angiography equipment market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the angiography equipment market. The data is available for historic period 2010 to 2020.
Competitive Landscape and Angiography Equipment Market Share Analysis
Angiography equipment market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to angiography equipment market.
Some of the major players operating in the angiography equipment market report are General Electric Company, Siemens, Koninklijke Philips N.V.,, Shimadzu Corporation, Terumo Corporation, CANON MEDICAL SYSTEMS CORPORATION, Abbott, Boston Scientific Corporation, Medtronic, Providian Medical, SOMA TECH INTL., Medtronic., Cardinal Health. , B. Braun Melsungen AG and Angiodynamics among others.
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