The Angiography Equipment Market is projected to reach USD 13.41 Billion by 2032 at 5.20% CAGR during the forecast period 2023-2032. Technological advancements in interventional radiology is a key driving force behind the growth of the market.
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Additional factors acting as significant growth propellers to the market include the rising prevalence of cardiovascular diseases, increasing numbers of angiography procedures, and benefits of the technique in early diagnosis & treatments. Also, the growing demand for interventional angiography systems in minimally invasive surgeries and rising healthcare expenditures are defining the growing landscape of the market.
The cardiologist used the angiographic machine to visualize the patient's coronary arteries during the diagnostic procedure.
On the other hand, limitations in reimbursement for angiographic surgeries and risk of radiation exposure are major growth restraining factors of the market. Nevertheless, factors, such as the improving economic conditions that are increasingly expanding the access to the quality healthcare would support the growth of the angiography equipment market over the assessment period, increasing per-capita healthcare expenses.
Major Key Players:
Players leading the global Angiography Equipment Market Players include Koninklijke Philips N.V. (Netherlands), GE Healthcare (US), Siemens Healthineers (Germany), Boston Scientific Corporation (US), Canon Corporation (Japan), Cordis, a Cardinal Health Company, (US), Medtronic (Ireland), Shimadzu Corporation (Japan), Angiodynamics (US), Abbott Laboratories (US), B. Braun Melsungen (Germany), and Terumo (Japan), among others.
Segment Analysis
The report is segmented into seven key market dynamics to widen the scope of understanding,
By Product: Angiography Catheters, Angiography Systems, Angiography Contrast Media, Angiography Balloons, Vascular Closure Devices (VCDs), Angiography Guidewires, and Angiography Accessories, fluorescein angiography machine.
By Technology: CT angiography, X-ray angiography, MR angiography, and other angiography technologies.
By Procedure:Endovascular Angiography, Coronary Angiography, Neuro-Angiography, Onco-Angiography, and other Angiography Procedures.
By Indication: Valvular Heart Disease, Coronary Artery Disease, Congenital Heart Disease, Congestive Heart Failure, and other indications.
By Application: Diagnostics and Therapeutics.
By End-user: Hospitals & Clinics, Diagnostic & Imaging Centers, and Research Institutes.
By Regions: Europe, North America, Asia Pacific, and the Rest-of-the-World.
