Angiography equipment market the size was estimated at $13.35 billion. in 2022, and the total revenue of angiographic devices is expected to grow by 6% from 2023 to 2029, reaching nearly $20.08 billion.
Market overview
of Angiography equipment market is growing faster with significant growth rates over the previous years and it is estimated that the market can grow significantly within the forecast period ie 2022-2029.
The report provides drivers and restraints of the Angiography Devices market. The report helps in recognizing the drivers that are driving the growth of the Market and discovering ways to use these drivers as strengths. Constraints can help you identify the characteristics that are holding back the Market and help you identify them and reduce or improve them before they become a problem. Opportunities are created by external components such as market changes and new consumer trends. This will help you understand the elements that will affect your potential to take advantage of your opportunities. Challenges can create obstacles for your business. The report helps you identify the challenges and ways to overcome them depending on the Market scenario.
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Market scope
The report provides overall market insights for manufacturers, suppliers, distributors and investors in the global Angiography Devices market. The information and data provided in the report can be used by all stakeholders, students, consulting firms, research institutes, industry professionals, journalists, business researchers, etc. in the global angiographic devices market.
The report also includes factors such as market segmentation, CAGR (Compound Annual Growth Rate), year-on-year growth (percentage), Porter’s five forces model, absolute USD potential, and expected market cost structure.
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Segmentation analysis of angiographic devices
Based on product, the angiography devices market is segmented into systems, guidewires, catheters, balloons, vascular closure devices, accessories and accessories, and accessories and systems. The angiography systems category dominated the market in 2022 as a result of continuous investments, technological improvements, and an expanded range of applications. From minimally invasive catheter-based treatments to digitized surgeries, these methods have advanced.
Contrast media is projected to experience the fastest growth rate over the forecast years. These items are often used to enhance the visibility of blood vessels in imaging procedures such as CT angiography, MRA, and X-rays. Fluoroscopy and projection radiography use it. Some of the radiocontrast materials used include gadolinium, barium sulfate, and iodine.
The angiography equipment market is segmented into three categories based on technology: X-ray, MRA and CT. Businesses are making significant investments in the creation of new technologies, which will support the growth of the market for angiographic devices. Additionally, the desire to reduce radiation exposure, improve image quality, and capitalize on the growing trends in cath labs is anticipated to drive the market.
Because of the low radiation exposure, MRA is predicted to be the fastest growing technique in the diagnosis of heart disease. Any anatomical plane can be imaged using MRA and the 3D contrast of soft tissues is high. The detection of coronary artery disease has improved significantly with the development of 3.0T MR imaging. These elements are thought to accelerate the growth of the category as well.
Angiographic Devices Key Players
1. Abbott Laboratories
2. Cardinal Health Inc.
3. GE Healthcare
4. Medtronic PLC
5.Shimadzu Corporation
6.Siemens Healthcare AG
7.Toshiba Medical Systems Corporation
8. Royal Philips Electronics
9. Cordis Corporation
10. Terumo Corporation
11. B. Braun Melsungen AG
12. AngioDynamics
13. Boston Scientific Corporation
14. Canon Inc.
15. Koninklijke Philips NV
16. GENERAL ELECTRIC COMPANY
17. Merita Medical Systems
18.MEDI TECH DEVICES PVT LTD
19. ST. GUR MEDICAL DEVICES PVT. LTD.
20. InterMed Medical
21.Abbvie Inc.
22. Hologic, Inc
Regional Analysis
The study delves deep into the Angiography Devices market, segmenting it into regions. For analysis, a review of the provincial market included with the target market is provided, as well as the results related to the target market. The review assesses the market in North America, South America, Europe, Asia Pacific (APAC), Africa and the Middle East on a local and country-by-country basis. The market in each region has been thoroughly investigated, enabling the identification of regional market trends, constraints and development opportunities.
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The key questions answered in the Market Report are:
- What is the Market?
- What is the market forecast period?
- What is the competitive scenario of the Market?
- Which region held the largest market share in the market?
- What are the opportunities for the Market?
- What factors affect market growth?
- Who are the main market players?
- Which company held the largest market share?
- What will be the CAGR of the Market during the forecast period?
- What key trends are likely to emerge in the market in the coming years?
Main offers:
- Market Share, Size and Forecast by Revenue | 2022-2029
- Market dynamics – growth drivers, constraints, investment opportunities and key trends
- Market Segmentation: A Detailed Analysis by Angiographic Devices
- Landscape- Major key players and other prominent key players.
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