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Global Angiography Equipment Market is Projected to Register a Healthy CAGR of 5.9% in the Forecast

Author: John Dbmr
by John Dbmr
Posted: Sep 07, 2019

Global Angiography Equipment Market is expected to reach USD 15.45 billion by 2025, from USD 13.06 billion in 2017 growing at a CAGR of 5.9% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2016 the base year of calculation is 2017 and the forecast period is 2018 to 2025.

Angiography is also known as arteriography. It is a medical imaging method used to envision the inside, or lumen of blood vessels and organs of the body, with particular interest in the arteries, veins and the heart chambers. This is usually performed by injecting a radio-opaque contrast agent into the blood vessel and imaging using X-ray based techniques such as fluoroscopy. In other word the angiography can also be defined as the test where dyes are seen by X-Rays injected into blood vessels that can be either arteries or veins and inspected using X-Rays. The subsequent images that are obtained are known as angiograms. Angiograms are used to identify narrowing or blockages in vessels anywhere in the body, from head to toe.

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Competitive Analysis: Global Angiography Equipment Market

The global angiography equipment market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of Angiography Equipment market for global, Europe, North America, Asia Pacific and South America.

Major Market Competitors/Players: Global Angiography Equipment Market

Some of the major players operating in the market are GE Healthcare, Siemens, Royal Philips Electronics, Shimadzu Corporation, Terumo, Toshiba Medical Systems Corporation, Abbott Vascular (Abbott Laboratories), Boston Scientific, Medtronic, Providian Medical, Soma Technology, Inc., Canon Medical Systems, Medtronic, Inc., Cordis Corporation, B. Braun and Angiodynamics among others.

Market Segmentation: Global Angiography Equipment Market

The global angiography equipment market is segmented based on product, technology, procedure, indication, application, end user and geographical segments.

  • Based on product, the market is segmented into angiography equipment solutions. The angiography equipment solutions segment is further sub-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 market is classified into X-Ray angiography, CT angiography, MR angiography and other angiography technologies. The X-Ray angiography is further classified into image intensifiers and flat-panel detectors.
  • On the basis of procedure, the market is segmented into coronary angiography, endovascular angiography, neuroangiography, onco-angiography and other angiography procedures.
  • Based on indication, the market is segmented into coronary artery disease, valvular heart disease, congenital heart disease, congestive heart failure and other indications.
  • Based on application, the market is segmented into diagnostics and therapeutics.
  • On the basis of procedure, the market is segmented into hospitals and clinics, diagnostic and imaging centers and research institutes.
  • Based on geography the global Angiography Equipment market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific and, Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others.

Major Market Drivers and Restraints:

  • Growth in aging population and incidence of CVD
  • Growing awareness programs, conferences, and funding activities
  • Growing demand for interventional angiography systems in minimally invasive surgeries
  • Limitations in reimbursement for angiography procedures
  • Risk of radiation exposure

Reasons to Purchase this Report

  • Current and future of global angiography equipment market outlook in the developed and emerging markets
  • The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period.
  • Regions/countries that are expected to witness the fastest growth rates during the forecast period
  • The latest developments, market shares, and strategies that are employed by the major market players

Customization of the Report

  • The report includes the complete segmentation displayed above across all above mentioned countries
  • All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)

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About the Author

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches.

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Author: John Dbmr

John Dbmr

Member since: Aug 13, 2019
Published articles: 26

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