Press release
Angiography Devices Market size was valued at USD 14.15 Bn. in 2023 and the total Angiography Devices revenue is expected to grow by 6 percentage from 2024 to 2030
Forecast Increase in Revenue:Angiography Devices Market size was valued at USD 14.15 Bn. in 2023 and the total Angiography Devices revenue is expected to grow by 6 percentage from 2024 to 2030, reaching nearly USD 21.27 Bn.
Angiography Devices Market Overview:
The angiography devices market, valued at USD 14.15 billion in 2023, is projected to grow at a rate of 6% annually, reaching approximately USD 21.27 billion by 2030. These devices, which include X-ray tubes and detectors for capturing detailed images of blood vessels, are critical for diagnosing and guiding treatment for cardiovascular diseases. They play a vital role in both pre-operative diagnostics and intraoperative imaging, contributing significantly to the increased adoption driven by the rise in cardiovascular conditions and advancements in medical technology.
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Drivers in the Angiography Devices Market:
The angiography devices market is propelled by the rising demand for minimally invasive procedures, which are preferred for their cost-effectiveness and reduced recovery times compared to traditional surgeries. Additionally, the growing prevalence of cardiovascular diseases and an aging population are driving the need for advanced diagnostic and procedural tools. Technological innovations and increased investments in healthcare infrastructure further support market growth, providing medical professionals with enhanced tools for accurate diagnosis and treatment.
Angiography Devices Market Trends:
Current trends in the angiography devices market include the shift towards minimally invasive techniques and the integration of advanced imaging technologies. The development of low-radiation and high-resolution imaging methods, such as Magnetic Resonance Angiography (MRA) and digitalized angiography systems, are gaining traction. Furthermore, there is a growing emphasis on improving image quality and reducing procedural risks, which is enhancing the adoption of these devices across various medical applications.
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Angiography Devices Market Opportunities:
The market for angiography devices is experiencing significant opportunities due to increased investment in research and development. This investment is driven by the rising incidence of chronic diseases and the push for innovative, high-performance imaging technologies. Emerging markets in countries like China, India, and Brazil also present substantial growth potential, offering opportunities for market expansion and technological advancement through favorable regulatory environments and growing healthcare needs.
What is Angiography Devices Market Regional Insight?
Regionally, North America leads the angiography devices market due to its high adoption of advanced medical technologies, extensive healthcare infrastructure, and supportive government policies. Following North America, Europe holds a significant market share, attributed to its high cardiovascular disease prevalence and substantial government investments in healthcare. These regions benefit from well-established medical networks and strong reimbursement frameworks, which facilitate the widespread use and continuous advancement of angiography devices.
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Segmentation Analysis of the Angiography Devices Market
by Product
Angiography systems
Catheters
Guidewire
Balloons
Contrast media
Vascular closure devices
Angiography accessories
by Technology
X-ray
MRA
CT
by Procedure
Coronary
Endovascular
Neurovascular
by Application
Diagnostic
Therapeutic
by End User
Hospitals
Diagnostic Centers
Ambulatory Surgical Centers
Who is the largest manufacturers of Angiography Devices Market worldwide?
1.Abbott Laboratories
2. Cardinal Health Inc.
3. GE Healthcare
4. Medtronic PLC
5.Shimadzu Corporation
6.Siemens Healthineers 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
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Key Offerings:
Past Market Size and Competitive Landscape
Angiography Devices Market Size, Share, Size & Forecast by different segment
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Angiography Devices Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
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