Angiography Devices Market By Product (Angiography Systems, Catheters, Guidewire, Balloons, Contrast media, Vascular closure devices, Angiography accessories), By Technology (X-Ray Angiography, CT Angiography, MR Angiography), By Application (Diagnostic, Therapeutic): Global Opportunity Analysis and Industry Forecast, 2021-2031
The global angiography devices market was valued at $8,780.5 million in 2021, and is projected to reach $15,931.1million by 2031, registering a CAGR of 6.0% from 2022 to 2031.
Angiography or arteriography is a medical procedure used to visualize the inside of blood vessels and organs of the body by using imaging techniques, like an X-ray. Angiography is particularly used for the arteries, veins, and the heart chambers. In advanced angiography, contrast substances are injected into the blood vessel for better image of blood vessels. Angiography devices is used for diagnosing the problem of blockage in blood vessel and also used for diagnosis of cyst and tumor.
In addition, angiography devices are used to provide an accurate map of brain prior to neurosurgery and are also used to provide map of heart prior to open heart surgery. Angiography is performed for detecting the aneurysm (an abnormal bulge of an artery that can rupture, causing hemorrhage)
The key factors that drive the growth of market are increase in the prevalence of geriatric population that are prone to heart disease, rise in prevalence of ischemic stroke, surgeries, heart diseases such as chest pain, heart attack, and stroke across the world, rise in awareness regarding health benefits associated with angiography device such as minimal invasive, quick and early diagnosis without any pain and rise in healthcare expenditure.
Furthermore, manufacturers in the angiography device market are boosting their output capacities for the diagnosis of heart diseases at early stages and to help individuals maintain physical fitness and keep healthy heart are the key factors which further drives the growth of the market.
However, dearth of skilled professional and high cost of angiography restricts the market growth during forecast period. Moreover, rise in technological advancements in angiography devices, increase in number of products approvals and availability of reimbursements for angiography devices offer lucrative opportunities to key market player operating in angiography devices market.
The angiography devices market is segmented into product type, application, technology, and region. By product type, the market is categorized into angiography systems, catheters, guidewire, balloons, contrast media, vascular closure devices, and angiography accessories. By application, the market is segmented into diagnostic, and therapeutic. By technology, the market is categorized into X-ray angiography, CT angiography, and MR angiography. The X-ray angiography segment is further classified into image intensifiers, and flat-panel detectors. By region, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.
Some of the major companies that operate in the global Angiography devices market are Abbott Laboratories, Angiodynamics, Inc., Boston Scientific Corporation, B. Braun Melsungen AG, General Electric Company, Koninklijke Philips N.V., Medtronic Inc., Merit Medical Systems, Inc., Siemens Healthcare GmbH, and Shimadzu Corporation.
Key Benefits For Stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the angiography devices market analysis from 2021 to 2031 to identify the prevailing angiography devices market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the angiography devices market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global angiography devices market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Product
Angiography Systems
Catheters
Guidewire
Balloons
Contrast media
Vascular closure devices
Angiography accessories
By Technology
X-Ray Angiography
Type
Image Intensifiers
Flat-panel Detectors
CT Angiography
MR Angiography
By Application
Diagnostic
Therapeutic
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Rest Of Europe
Asia-Pacific
Japan
China
Australia
India
South Korea
Rest Of Asia-Pacific
LAMEA
Brazil
Saudi Arabia
South Africa
Rest Of LAMEA
Key Market Players
Abbott Laboratories
AngioDynamics, Inc.
Boston Scientific Corporation
b.braun melsungen ag
General Electric Company
Koninklijke Philips N.V.
Medtronic, Inc.
Merit Medical Systems, Inc.
Siemens Healthcare
shimadzu corporation
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