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Worldwide Demand for Cerebral Angiography is Predicted to Increase at a Robust CAGR of 8.8% by 2032

06-09-2023 12:04 PM CET | Health & Medicine

Press release from: Fact.MR

Worldwide Demand for Cerebral Angiography is Predicted

Fact.MR, a supplier of market research and competitive intelligence, projects that worldwide sales of cerebral angiography will total US$ 70 million By the end of 2027

In cerebral angiography, anomalies such as aneurysms and diseases like atherosclerosis in the brain's blood vessels (plaque) are searched for using a catheter, X-ray imaging aid, and a contrast agent. The insertion of a catheter enables the unification of diagnostic and therapeutic procedures. Cerebral angiography, which produces incredibly precise, clear, and exact images of the blood vessels in the brain, can prevent surgery.

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Key Takeaways from Market Study

Sales of cerebral angiography devices are expected to rise rapidly at a CAGR of 8.8% through 2027.
The global cerebral angiography market is currently valued at US$ 46 million.
Market in Japan is anticipated to expand at a CAGR of 5% over the forecast period.
Market in Canada is set to progress at a CAGR of 8% through 2027.

Competitive Landscape

Companies in the cerebral angiography market are investing in R&D to diversify their product offerings. Partnerships between major industry players are anticipated to fuel market expansion over the coming years.

For instance :

In 2021, Royal Philips announced its interventional medicine vision by integrating its ground-breaking spectral CT imaging technology into a hybrid Angio CT suite. Through the integration of its distinctive Spectral CT 7500 system and its image-guided therapy system - Azurion with FlexArm into a single interventional suite solution, Philips wants to provide interventionalists with instant table-side access to these two important imaging modalities.

Market Titans

GE Healthcare
Samsung Medison
Shimadzu Corp.
Siemens Healthineers
TERUMO Corporation
St. Jude Medical, Inc.
Hitachi Medical Corporation
Koninklijke Philips N.V.
Toshiba Medical Systems Corporation

Winning Strategy

Key companies are concentrating on product updates and new product development. Market players are seeking to develop cutting-edge, patient-focused products. By including a wide range of products in their portfolios, top industry players are concentrating on bolstering their positions in the market.

Key providers of cerebral angiography devices have been seen collaborating to maintain their market position as well as establish their geographic presence through effective distribution networks.

For instance,

The Discovery IGSTM 740 mobile angiography system from GE Healthcare was recently unveiled. Users can experience exceptional comfort and control with Discovery's rail-free design and versatile wide-bore C-arm configuration. Huge anatomies are also covered by its large detector in both 2D and 3D.

Industry Research

By Technology :
Magnetic Resonance Angiography
Computed Tomography
Ultrasound
Nuclear Imaging
X-ray

By End User :
Hospitals
Diagnostic Imaging Centers
Others

By Region :
North America
Europe
Asia Pacific
Latin America
Middle East & Africa

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About Fact.MR

We are a trusted research partner of 80% of fortune 1000 companies across the globe. We are consistently growing in the field of market research with more than 1000 reports published every year. The dedicated team of 400-plus analysts and consultants is committed to achieving the utmost level of our client's satisfaction.

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