Angiography Equipment Market Growth and Trends: Key Insights into Market Opportunities for 2025-2034
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
How Are Key Drivers in the Industry Acting as Catalysts for the Growth of theAngiography Equipment Market?
An increase in incidents of cardiovascular illnesses is anticipated to propel the angiography equipment market. The cardiovascular disease (CVD) system employs X-ray images to identify heart blood vessels that are blocked or narrowed. For instance, a September 2023 report from PCRonline, a French platform specializing in cardiovascular studies, indicated that globally, there are roughly 620 million individuals suffering from heart and circulatory diseases. About 60 million new cases are discovered annually, underlining the substantial worldwide impact of cardiovascular issues. Therefore, the increasing prevalence of cardiovascular ailments is projected to consistently fuel the expansion of the angiography equipment market.
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#What Long-Term Growth Rate is Expected for theAngiography Equipment Market Between 2025 and 2034?
The market size for angiography equipment has seen substantial growth in recent years, set to develop from a value of $13.05 billion in 2024 to $13.94 billion in 2025, indicating a compound annual growth rate (CAGR) of 6.8%. This previous growth can be attributed to such factors as an increase in cardiovascular diseases, a surge in minimally invasive procedures, an aging population, development in healthcare infrastructure, and advancements in clinical research and development.
The market size for angiography equipment is predicted to experience substantial expansion in the upcoming years, increasing to $19.29 billion in 2029 with a compound annual growth rate (CAGR) of 8.5%. This projected growth during the forecast period can be accredited to the incorporation in hybrid operating rooms, secure data handling, globalization of healthcare offerings, focus on patient-centric care, and customized healthcare. Key trends during this forecast period include accessibility to global healthcare, consultations and training conducted remotely, digitally secure and interoperable healthcare models, and customised solutions tailored to individual needs.
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What Are the Current Market Growth and Trends in theAngiography Equipment Market That Industry Players Should Watch?
The trend of product innovation is making waves in the angiography equipment market. Prominent players in this market are continuously striving to introduce cutting-edge solutions to solidify their foothold. For instance, Shimadzu Medical Systems, a leading manufacturer of sophisticated imaging systems based in the US, unveiled a revolutionary angiography system named Trinias angiography system in June 2022. This breakthrough system leverages deep learning artificial intelligence (AI) technology and reduces the use of X-ray doses by 40% or more compared to predecessors. The integration of AI in the image-processing engine of an angiography system marks a first in the industry. Moreover, the advanced Trinias system comes equipped with a host of innovative features that optimize the workflow, thereby improving efficiency in any medical setup.
What Are the Major Market Players Making an Impact on theAngiography Equipment Market Growth?
Major companies operating in the angiography equipment market are GE HealthCare Technologies Inc., Koninklijke Philips N.V., Siemens Healthineers AG, Canon Corporation, Boston Scientific Corporation, Cordis Corporation, Shimadzu Corporation, Medtronic PLC, Angiodynamics, B. Braun Melsungen, Abbott Laboratories, Terumo Corporation, Toshiba Medical System Corporation, Merit Medical Systems Inc., Hitachi Medical Systems, Carestream Health, Hologic Inc., Guerbet S.A., Bracco Imaging SpA, Lantheus Medical Imaging Inc., Esaote SpA, Mindray Medical International Limited, Neusoft Medical Systems Co. Ltd., Samsung Medison Co. Ltd., FUJIFILM Medical Systems Inc., Ziehm Imaging GmbH, Omega Medical Imaging Inc., Allengers Medical Systems Limited
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How Are the Key Segments of the Angiography Equipment Market Driving Opportunities and Innovations?
The angiography equipment market covered in this report is segmented –
1) By Product: Angiography Systems, Angiography Catheters, Angiography Contrast Media, Vascular Closure Devices (VCDs), 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
Subsegments:
1) By Angiography Systems: X-Ray Angiography Systems, CT Angiography Systems, MR Angiography Systems
2) By Angiography Catheters: Diagnostic Catheters, Interventional Catheters, Specialty Catheters
3) By Angiography Contrast Media: Iodinated Contrast Agents, Gadolinium-Based Contrast Agents, Other Contrast Agents
4) By Vascular Closure Devices (VCDs): Collagen-Based VCDs, Suture-Based VCDs, Other VCDs
5) By Angiography Balloons: Drug-Eluting Balloons, Non-Compliant Balloons, Compliant Balloons
6) By Angiography Guidewires: Coated Guidewires, Non-Coated Guidewires, Specialty Guidewires
7) By Angiography Accessories: Sheaths And Introducers, Access Kits, Other Accessories
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https://www.thebusinessresearchcompany.com/customise?id=8217&type=smpGlobal Angiography Equipment Market, Global Angiography Equipment Market Report, Global Angiography Equipment Market Trends, Global Angiography Equipment Market Size
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