Angiography Equipment Market Size
Medical Equipment

Global Angiography Equipment Market Analysis 2023: Size, Share, And Key Trends

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

As per The Business Research Company’s Angiography Equipment Global Market Report 2023, the angiography equipment market is expected to show significant growth in the forecast period.

Key insights from the angiography equipment market forecast include:

  1. Market Size

The global angiography equipment market is expected to grow from $11.64 billion in 2022 to $12.59 billion in 2023 at a compound annual growth rate (CAGR) of 8.2%. The angiography equipment market size is expected to reach $16.37 billion in 2027 at a CAGR of 6.8%.

  1. Major Driver

The increased prevalence of cardiovascular diseases will boost the angiography equipment market. The cardiovascular disease (CVD) system employs X-ray images to detect clogged or restricted cardiac blood vessels. According to the World Health Organisation (WHO), a Switzerland-based specialised body responsible for international public health, a projected 17.9 million people died from cardiovascular diseases in 2021, accounting for 32% of all global deaths. Heart attacks and strokes were responsible for 85% of these deaths. As a result, the increased prevalence of cardiovascular diseases will fuel the expansion of the angiography equipment market.

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  1. Key Trend

A prominent trend in the angiography equipment industry is product innovation in angiography equipment. Major players in the angiography equipment market are focusing on providing new creative solutions to increase their market position. For example, Shimadzu Medical equipment, a US-based developer of sophisticated imaging equipment, will debut the TriniasTM angiography system in June 2022. It employs deep learning artificial intelligence (AI) technology while employing 40% or lower X-ray doses than earlier models. An angiography system’s image-processing engine has never used AI previously, therefore this is a first. Furthermore, the new Trinias system includes a substantial new feature set to improve workflow, allowing for a more productive clinical operation at any medical facility.

  1. Largest Region

Europe was the largest region in the angiography equipment market in 2022.

  1. Major Players

Major players in the food diagnostics market are GE Healthcare, Koninklijke Philips N.V., Siemens Healthineers, Canon Corporation, Boston Scientific Corporation, Cordis Corporation, Shimadzu Corporation, Medtronic PLC., Angiodynamics, B. Braun Melsungen, Abbott Laboratories, amount Terumo Corporation.

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Key Angiography Equipment Market Segments
The global angiography equipment market 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
4) By End User: Hospitals And Clinics, Diagnostic And Imaging Centers, Research Institutes

The Angiography Equipment Global Market Report 2023  provides an in-depth analysis on the angiography equipment market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the angiography equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

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