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Global Angiography Equipment Market: Soaring Growth Rate, Major Market Drivers, and Trends
Global Angiography Equipment Market
What Is The Projected Market Size Of The Global Angiography Equipment Market And Its Growth Rate?
- The angiography equipment market has been demonstrating robust growth in recent years. It saw an increase from $13.05 billion in 2024 to $13.94 billion in 2025, marking a compound annual growth rate (CAGR) of 6.8%. This growth is primarily due to rising cardiovascular diseases, the proliferation of minimally invasive procedures, an aging population, advances in healthcare infrastructure, and clinical research and development.
- In the foreseeable future, the market size of angiography equipment is predicted to witness vigorous growth, reaching $19.29 billion in 2029 with a CAGR of 8.5%. The forecast period growth can be attributed to increasing integration with hybrid ORs, heightened awareness of data security and privacy, globalization of healthcare services, shifts towards patient-centric care, and personalized healthcare.
What Is Driving The Growth In The Angiography Equipment Market?
The surge in the prevalence of cardiovascular illnesses is a significant driver propelling the angiography equipment market. Diagnostic tools like the Cardiovascular disease (CVD) system utilize X-ray images to identify obstructed or constricted cardiac blood arteries. As reported by PCRonline in September 2023, approximately 620 million people worldwide are living with heart and circulatory diseases, with about 60 million new cases diagnosed each year. Therefore, the escalating frequency of cardiovascular illnesses continues to steer the growth of the angiography equipment market.
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Who Are The Key Players Driving Angiography Equipment Market Growth?
- GE HealthCare Technologies Inc.
- Koninklijke Philips N.V.
- Siemens Healthineers AG
- Canon Corporation
- Boston Scientific Corporation
- Cordis Corporation
- Shimadzu Corporation
- Medtronic PLC
- Angiodynamics
- B. Braun Melsungen
- Abbott Laboratories
- Terumo Corporation
- Toshiba Medical System Corporation
- Merit Medical Systems Inc.
- Hitachi Medical Systems
- Carestream Health
- Hologic Inc.
- Guerbet S.A.
- Bracco Imaging SpA
- Lantheus Medical Imaging Inc.
- Esaote SpA
- Mindray Medical International Limited
- Neusoft Medical Systems Co. Ltd.
- Samsung Medison Co. Ltd.
- FUJIFILM Medical Systems Inc.
- Ziehm Imaging GmbH
- Omega Medical Imaging Inc.
- Allengers Medical Systems Limited
What Are The Key Trends In The Angiography Equipment Market?
- Global healthcare accessibility
- Remote consultation and training
- Adoption of value-based healthcare models
- Advanced data security and interoperability
- Customization and tailored solutions
What Are The Segments Of The Global Angiography Equipment Market?
- By Product: Angiography Systems, Angiography Catheters, Angiography Contrast Media, Vascular Closure Devices (VCDs), Angiography Balloons, Angiography Guidewires, Angiography Accessories.
- By Technology: X-Ray Angiography, CT Angiography, MR Angiography, Other Technologies.
- By Procedure: Coronary Angiography, Endovascular Angiography, Onco-Angiography, Neuro-Angiography, Other Procedures.
Which Region Leads The Angiography Equipment Market?
Europe emerged as the region with the largest market share for angiography equipment in 2024. Other regions covered in the angiography equipment market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
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What Is Covered In The Angiography Equipment Market Global Market Report?
- Market Size Analysis: Analyze the Angiography Equipment Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Angiography Equipment Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Angiography Equipment Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Angiography Equipment Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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