Coronary Angiography Devices Market Report, Size, Share, Growth, Trends, Industry Outlook to 2033

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The new report published by The Business Research Company, titled Coronary Angiography Devices Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033, delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the coronary angiography devices market size has grown strongly in recent years. It will grow from $8.83 billion in 2023 to $9.43 billion in 2024 at a compound annual growth rate (CAGR) of 6.8%. The coronary angiography devices market size is expected to see strong growth in the next few years. It will grow to $12.31 billion in 2028 at a compound annual growth rate (CAGR) of 6.9%.

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What Is Driving The Growth Of The Global Coronary Angiography Devices Market?

Rising Prevalence of Vascular Heart Diseases Drives Growth in Coronary Angiography Devices Market
The increasing prevalence of vascular heart diseases is expected to propel the growth of coronary angiography devices market going forward. Vascular heart diseases encompass a group of conditions affecting the blood vessels supplying the heart or within the heart itself. The increasing prevalence of vascular heart diseases is caused due to changes in lifestyle habits such as diet and physical activity, an aging population, and the rising incidence of conditions such as diabetes and hypertension. Coronary angiography devices help diagnose and evaluate vascular heart diseases by providing detailed images of the coronary arteries, enabling precise identification of blockages, narrowing, and other abnormalities that can guide treatment decisions. For instance, in December 2023, according to the Australian Bureau of Statistics 2020-21 National Health Survey conducted by the Australian Institute of Health and Welfare, an Australia-based government agency, an estimated 571,000 adults aged 18 and over in Australia were living with coronary heart disease (CHD), comprising 2.9% of the adult population. The prevalence of CHD rises significantly with age, impacting approximately 11% of adults aged 75 and above. Therefore, the increasing prevalence of vascular heart diseases is driving the coronary angiography devices market.

What Is The Key Trend In The Global Coronary Angiography Devices Market?

Advancements in Coronary Angiography
Major companies operating in the coronary angiography devices market are developing innovative products by integrating artificial intelligence (AI)-driven imaging technologies to enhance the accuracy and efficiency of coronary angiography procedures. AI-driven imaging leverages artificial intelligence to enhance the precision and speed of coronary angiography by automating image analysis, thereby improving diagnostic accuracy and reducing procedure times. For instance, in June 2022, Shimadzu Corporation, a Japan-based medical equipment manufacturing company, launched the advanced version of the company's Trinias angiography system, featuring AI deep learning technology that enhances image processing and significantly reduces X-ray doses by over 40%. The system offers a customizable workspace with around 100 functions, allowing for optimized layouts tailored to specific procedures and team needs. Additionally, the subscription-based SCORE Link service ensures regular software updates, enhancing operational efficiency and sustainability in clinical settings.

How Is The Global Coronary Angiography Devices Market Segmented?
The coronary angiography devices market covered in this report is segmented -

1) By Product Type: Angiography Systems, Angiography Catheters, Angiography Contrast Media, Vascular Closure Devices (VCDs), Angiography Balloons, Angiography Guidewires, Angiography Accessories
2) By Technology: X-Ray Angiography, Computed Tomography Angiography (CTA), Magnetic Resonance Angiography, Other Technologies
3) By Indication: Coronary Artery Disease, Valvular Heart Disease, Congenital Heart Disease, Congestive Heart Failure, Other Indications
4) By Application: Diagnostics, Therapeutics
5) By End-User: Hospital And Clinics, Diagnostic And Imaging Centers, Research Institutes

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How Is The Competitive Landscape Of The Global Coronary Angiography Devices Market?
Major companies operating in the coronary angiography devices market are Cardinal Health Inc., Hitachi Ltd., Johnson & Johnson Services Inc., Abbott Laboratories, Medtronic plc, Siemens Healthineers AG, Koninklijke Philips N.V., GE HealthCare Technologies Inc., Boston Scientific Corporation, B. Braun Holding GmbH & Co. KG, Terumo Corporation, Edwards Lifesciences Corporation, Nipro Corporation, Shimadzu Corporation, Cook Group Incorporated, ICU Medical Inc., Biotronik SE Co. KG, Merit Medical Systems Inc., Cordis Corporation, Guerbet N.V., AngioDynamics Inc., Canon Medical Systems Corporation, Acist Medical Systems, Medinol Ltd., Alvimedica

Contents Of The Global Coronary Angiography Devices Market
1. Executive Summary
2. Coronary Angiography Devices Market Report Structure
3. Coronary Angiography Devices Market Trends And Strategies
4. Coronary Angiography Devices Market - Macro Economic Scenario
5. Coronary Angiography Devices Market Size And Growth
…..
27. Coronary Angiography Devices Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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