2024 Angiography Equipment Market Analysis: Market Size, Key Drivers, and Segment Insights
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What Will Be the Growth Trajectory of the Angiography Equipment Market from 2024 to 2033?
The angiography equipment market size will increase from $12.47 billion in 2023 to $13.41 billion in 2024, with a CAGR of 7.5%, supported by rising cardiovascular cases, aging population, and research advancements.
The angiography equipment market is projected to reach $17.95 billion in 2028 at a CAGR of 7.6%. Growth drivers include integration with hybrid ORs, data security, globalization of healthcare services, and personalized care. Major trends include global healthcare accessibility, remote consultation, value-based models, data security, and tailored solutions.
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What Are the Primary Growth Drivers for the angiography equipment Market?
The angiography equipment market is poised for substantial growth, driven by an escalating prevalence of cardiovascular diseases globally. With cardiovascular illnesses representing a significant burden on public health systems, the demand for advanced diagnostic tools such as angiography equipment is on the rise. Utilizing X-ray technology, angiography equipment plays a pivotal role in detecting and diagnosing cardiac artery abnormalities, facilitating timely interventions and treatments. Reports from the World Health Organization underscore the staggering toll of cardiovascular diseases, further emphasizing the critical need for advanced diagnostic technologies. As cardiovascular diseases continue to pose significant challenges to global health, the demand for angiography equipment is expected to soar. Thus, the angiography equipment market, valued at X in 2023, is projected to reach Y by 2028.
What Are the Defining Segments of the Angiography Equipment Market?
1) By Product: Angiography Systems, Angiography Catheters, Angiography Contrast Media, Vascular Closure Devices (VCDs1), Angiography Balloons, Angiography Guidewires, Angiography Accessories
2) By Technology: X-Ray Angiography, CT Angiography, MR Angiography, Other Technologies
3) By Procedure: Coronary Angiography, Endovascular Angiography, Onco-Angiography, Neuro-angiography, Other Procedures
4) By End User: Hospitals And Clinics, Diagnostic And Imaging Centers, Research Institutes
What Trends Are Revolutionizing Standards in the 49 Market?
Product innovation is a significant trend in the angiography equipment market. Companies are focusing on developing new and innovative solutions to solidify their market position. For instance, in June 2022, Shimadzu Medical Systems, a US-based manufacturer of advanced imaging systems, launched the TriniasTM angiography system. This system uses artificial intelligence (AI) deep learning technology and operates with 40% lower X-ray doses than previous models. The Trinias system’s image-processing engine, which employs AI, streamlines workflow and enhances clinical productivity in medical facilities.
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What Regions Are Propelling Growth in the Angiography Equipment Industry?
Europe was the largest region in the angiography equipment market share in 2023. The regions covered in the angiography equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Angiography Equipment Global Market Report 2024 offers a comprehensive overview of the audio equipment market, covering historical data from 2010 to 2021 and providing a ten-year forecast from 2023 to 2032. This report examines the size of the angiography equipment market, its market share, and analyzes key competitors along with their market positions.
The Table Of Content For The Angiography Equipment Market Include
1. Angiography Equipment Market Executive Summary
2. Angiography Equipment Market Segments
3. Angiography Equipment Market Size And Template Market Growth Rate
4. Key Angiography Equipment Market Trends
5. Major Angiography Equipment Market Drivers
……
25. Key Mergers And Acquisitions In The Angiography Equipment Market
26. Top Angiography Equipment Companies
27. Angiography Equipment Market Opportunities And Strategies
28. Angiography Equipment Market, Conclusions And Recommendations
29. Appendix
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