Ganesh Kumar
Dec 2 · 3 min read

Angiography Devices Market: Global Industry Size, Share, Growth, Trends, Analysis and Forecast 2018 to 2026

The latest market report published by Credence Research, Inc. “Angiography Devices Market — Growth, Future Prospects, Competitive Analysis, 2018–2026,” the global angiography devices market was valued at US$ 9,496.6 Mn in 2017 and expected to grow at compound annual growth rate (CAGR) of 5.7% during the forecast period from 2018 to 2026.

Market Insights

The global angiography devices market is projected to grow at a consistent rate during the forecast period. The major reasons for the growth of this market include advancements in the technology, growing cardiovascular diseases globally, and surge in the adoption of angiography as a diagnostic test for determining the severity of the cardiovascular disorders. The rising number of hospitals and diagnostic centers in the emerging countries will further drive the market for angiography systems. In terms of technology, magnetic resonance angiography (MRA) emerged as the fastest-growing market owing to higher accuracy and 3D visualization capabilities.

Browse Full Report Originally Published by Credence Research at https://www.credenceresearch.com/report/angiography-devices-market

Moreover, negligible exposure to radiation and technological advancements further drives the market. X-ray angiography held the largest share in 2017 and will continue to dominate the market throughout the forecast period. In terms of procedure, coronary angiography dominated the market in 2017. The growing prevalence of coronary artery diseases among the population and growing geriatric population attributed to the growth of the market. On the basis of end-user, hospitals held the largest share in the angiography devices market due to the high demand for angiography devices and angiograms in hospitals. However, emergency centers and diagnostic centers will witness fastest growth rate due to growing number of such facilities in North America and Europe.

In terms of geography, North America accounted for the maximum share of the angiography devices market. A major reason for the dominance of the market includes faster adoption of the latest healthcare technology, the domicile of major angiography devices manufacturers such as Philips Healthcare, ANGIODYNAMICS, Siemens Healthineers, and GE Healthcare among others. Europe also held a significant share in the market owing to a high prevalence of CVD and developed healthcare facilities. The Asia Pacific will exhibit the fastest growth rate during the forecast period owing to developing healthcare infrastructure, a growing number of hospitals and diagnostic centers coming up in the region and high target population. The high geriatric population and growing awareness of the latest medical technologies make the Asia Pacific a highly lucrative market. The key players currently engaged in the angiography devices market include Siemens Healthineers, GE Healthcare, Philips Healthcare, Canon Medical Systems, Shimadzu Corporation, Abbott, Medtronic, Plc., Boston Scientific Corporation, ANGIODYNAMICS, Cardinal Health, and B. Braun Melsungen AG among others.

Key Market Movements:

  • Technological advancements in angiography devices especially in CT and MR angiography
  • The growing burden of cardiovascular disorders globally driving the demand for angiogram procedures
  • High potential in emerging economies owing to developing healthcare infrastructure

You can get the sample copy of this research by Credence Research here: https://www.credenceresearch.com/sample-request/59621

Report Scope by Segments

By Product Type

  • Angiography Systems
  • Consumables
  • Catheters
  • Balloons
  • Guidewires
  • Contrast Media
  • Vascular Closure Devices
  • Angiography Accessories

By Technology Type

  • X-Ray Angiography
  • Magnetic Resonance (MR) Angiography
  • Computed Tomography (CT) Angiography

By Procedure Type

  • Endovascular Angiography
  • Coronary Angiography
  • Neurovascular Angiography

By End-User Type

  • Hospitals
  • Specialty Clinics
  • Emergency Centers and Diagnostic Centers

By Geography Segment

• North America (the U.S., Rest of North America)

• Europe (U.K., Germany, France, Rest of Europe)

• Asia Pacific (China, Japan, India, Rest of Asia Pacific)

• Rest of the World (the Middle East & Africa, Latin America)

Find more research reports on Medical Devices Industry, by Credence Research

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