The global market for angiography devices market was estimated to be worth USD 13.09 billion in 2023, and it is anticipated to expand at a compound annual growth rate (CAGR) of 5.1% over the course of the forecast period. Other significant drivers driving market expansion include investments in the healthcare industry, the aging population, and the increased incidence of cardiovascular diseases (CVDs). Increasing healthcare spending in middle- and low-income nations to stop cardiovascular disease-related mortality.

Globally, the number of people with diabetes and obesity is rising, which contributes to the incidence of cardiovascular diseases. Healthcare technology is revolutionizing medical care, increasing productivity, and enhancing patient outcomes.

 

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Growth Drivers

With more cardiovascular patients worldwide, there is a growing need for minimally invasive procedures due to technological developments in imaging systems. Significant growth catalysts include the increase in cases of chronic heart disease and advancements in angiography technology, including better imaging quality (e.g., 3D imaging, high-resolution detectors), lower radiation exposure, and the incorporation of artificial intelligence (AI).

The need for diagnostic and interventional procedures is growing as the world's population ages, making them more vulnerable to chronic diseases like cardiovascular diseases. Angiography devices are used because older persons need to be monitored and treated frequently. Increased demand for angiography devices is a result of government initiatives, public health campaigns, and organizational initiatives to increase awareness of cardiovascular health and the value of early diagnosis.

Segmentation

Angiography Equipment Product based Segmentation

·         Angiography Systems

·         Catheters

·         Guidewire

·         Balloons

·         Contrast Media

·         Vascular Closure Devices

·         Angiography Accessories

Angiography Equipment Technology based Segmentation

·         X-Ray

·         MRA

·         CT

Angiography Equipment Market Procedure

·         Coronary

·         Endovascular

·         Neurovascular

Angiography Devices market on the basis of Equipment

·         Diagnostic

·         Therapeutic

By Region

·         Asia-Pacific

·         North America

·         Latin America

·         Middle East and Africa

·         Europe

Key Players

·         Boston Scientific

·         Medtronic Plc.

·         Abbott

·         Microport Scientific Corporation

·         B. BRAUN SE

·         KONINKLIJKE PHILIPS N.V.

·         Angiodynamics Inc.

·         GE Healthcare

·         Cardinal Health

·         Siemens Healthineers AG

·         SHIMADZU CORPORATION

·         Other Players

 

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