Demand for Global Angiography Devices Market Size to Surpass USD $15.9 Billion by 2031, Exhibit a CAGR of 6% | Angiography Devices Industry Trends, Share, Value, Segments, Growth, Analysis & Forecast Report by AMR

The rise in number of cardiovascular diseases such as heart attack, stroke, and coronary block artery, increase in advanced products, devices and technologies in the market and their extensive usage in the treatment of cardiovascular diseases drive the growth of market.

What equipment is used for angiography?

This exam typically uses a radiographic table, one or two x-ray tubes, and a video monitor. Fluoroscopy converts x-rays into video images. Doctors use it to watch and guide procedures. The x-ray machine and a detector suspended over the exam table produce the video.

The global angiography devices market generated $8.8 billion in 2021, and is projected to reach $15.9 billion by 2031, growing at a CAGR of 6% from 2022 to 2031.

CAGR: 6%
Current Market Size: USD 8.8 Billion
Forecast Growing Region: North America
Largest Market: APAC
Projection Time: 2022 - 2031
Base Year: 2021

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The rise in number of cardiovascular diseases such as heart attack, stroke, and coronary block artery, increase in advanced products, devices and technologies are the Angiography Devices Market Trends which drive the growth of market. For instance, according to a report of Centers for Disease Control and Prevention (CDC) of 2018, 30.3 million U.S. adults were diagnosed with heart disease. In addition, surge in demand for image guided treatment boost the growth of Angiography Devices Market Forecast period.

Key findings of the study

By product type, the angiography systems segment was the highest contributor to the market in 2021.

By application, the diagnostic was the highest contributor to the market in 2021.

By technology, the X-Ray angiography segment dominated the market in 2021.

By region, North America garnered the largest revenue share in 2021, whereas Asia-Pacific is anticipated to grow at the highest CAGR during the forecast period.

COVID-19 Scenario:

The outbreak of the COVID-19 had a negative impact on the growth of the global angiography devices market, owing to the postponement of surgeries in cardiac patients during the COVID-19 pandemic.

Moreover, non-essential surgeries took a potential backlog due to rapid increase in the number of COVID-19 patients, thereby severely impeding the growth of the global market.

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Based on region, the market across the Asia-Pacific region held the major market share in 2021, holding more than one-third of the global angiography devices market share, and is expected to maintain its leadership status during the forecast period. In addition, the same region is expected to cite the fastest CAGR of 6.7% during the forecast period. The report also analyses other regions such as Europe, North America, and LAMEA.

The key players analyzed in the global angiography devices market report include 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.

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