GLOBAL ANGIOGRAPHY EQUIPMENT MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2023 - 2030)

Angiography equipment is commonly used in hospitals and diagnostic centers for minimally invasive surgeries. It helps doctors visualize the insides of blood vessels and organs with high precision. The growing prevalence of cardiovascular diseases and increasing investments in healthcare infrastructure are major factors fueling the demand for angiography equipment. Advancements in imaging technologies like flat panel detectors are enabling manufacturers to develop new generation systems with better image quality and precision. Moreover, rising healthcare expenditure per capita in developing countries creates a conducive environment for market growth over the coming years.

 Market Dynamics:

The global angiography equipment market is driven by the rising geriatric population susceptible to conditions like arteriosclerosis and coronary artery disease. Cardiovascular diseases have emerged as a leading cause of mortality worldwide, which is increasing the need for angiography procedures. However, market expansion is negatively impacted by the high installation and maintenance costs of these systems. Stringent regulatory approvals also delay new product launches. On the positive side, manufacturers are continuously innovating to develop low-cost angiography devices suitable for hospitals and clinics in price-sensitive markets. Growing medical tourism in Asia Pacific provides new opportunities for market participants.

On the other hand, market players are focused on adopting various business development strategies, such as product approval from the U.S. Food and Drug Administration and others, which in turn is expected to fuel market growth over the forecast period. For instance, in July 2022, Siemens Healthineers, a global medical device company, announced U.S. Food and Drug Administration (FDA) clearance of the ARTIS icono ceiling, a ceiling-mounted angiography system designed for a wide range of routine and advanced procedures in interventional radiology (IR) and cardiology. The system’s high degree of mechanical flexibility also makes it suitable for many surgical procedures.

Key features of the study:

• This report provides in-depth analysis of the global angiography equipment market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends,  regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global angiography equipment market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include B. Braun Melsungen AG, Koninklijke Philips N.V., GE Healthcare, Cardinal Health, Siemens Healthcare Gmbh, Shimadzu Corporation, Medtronic plc, Boston Scientific Corporation, ANGIODYNAMICS, Abbot, Microport Scientific Corporation, Terumo Corporation, CURATIA MEDICAL INC., Cook Medical, Merit Medical Systems, Inc. and Applied Medical Resources Corp
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• The global angiography equipment market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global angiography equipment market

Detailed Segmentation:

• Global Angiography Equipment Market, By Product Type
  • Angiography Systems
  • Catheters
  • Guidewire
  • Balloons
  • Contrast Media
  • Vascular Closure Devices
  • Others
• Global Angiography Equipment Market, By Technology
  • X-Ray
  • MRA
  • CT
• Global Angiography Equipment Market, By Procedure
  • Coronary
  • Endovascular
  • Neurovascular
• Global Angiography Equipment Market, By Application
  • Diagnostic
  • Therapeutic
• Global Angiography Equipment Market, By End User
  • Hospitals
  • Speciality Clinics
  • Ambulatory Surgical Centers
  • Diagnostic Centers
  • Others
• Global Angiography Equipment Market, By Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East
  • Africa
• Global Angiography Equipment Market, Key Players
  • Braun Melsungen AG
  • Koninklijke Philips N.V.
  • GE Healthcare
  • Cardinal Health
  • Siemens Healthcare Gmbh
  • Shimadzu Corporation
  • Medtronic plc
  • Boston Scientific Corporation
  • ANGIODYNAMICS
  • Abbot
  • Microport Scientific Corporation
  • Terumo Corporation
  • CURATIA MEDICAL INC.
  • Cook Medical
  • Merit Medical Systems, Inc.
  • Applied Medical Resources Corp