09-Sep-2024 | Zion Market Research
According to the report, the global Angiography Devices market size was valued at approximately USD 9.52 billion in 2023 and is predicted to reach around USD 90.99 billion by the end of 2032, expanding at a CAGR of around 28.5% from 2024 to 2032.Rising
Prevalence of Cardiovascular Diseases (CVDs) to Spur Market Growth
Factors such as the prevalence of cardiovascular problems, an aging population, rising obesity rates due to lifestyle changes, and high consumption of fast food are estimated to drive the angiography devices market in the years to come. Furthermore, rising demand for minimally invasive surgeries can boost the growth of this market, as angiograms conducted during the diagnosis phase give a detailed, clear, and accurate picture of the blood vessels in a patient's heart, obviating the need for costly invasive surgery. Surgeons are also opting for such procedures owing to the reduced risks and costs associated with it.
The presence of Big Players in The Region supports North American Dominance
With the largest share, North America was a leading regional market for angiography devices in 2023 followed by Europe. The growth of this region is mainly attributed to the high rate of minimally invasive procedures adoption, easy reimbursements, growing geriatric population, and high medical equipment replacement rates. Europe is expected to grow with the highest CAGR during the analysis period.
Some of the key players operating in the angiography devices market are GE Healthcare, Koninklijke Philips N.V., Siemens Healthineers, Canon Corporation, Shimadzu Corporation, Boston Scientific Corporation, Cordis Corporation, Medtronic Inc., AngioDynamics and Abbott Laboratories, amongst others. These players are set to bolster the development of the global angiography devices market.
Browse the full “Angiography Devices Market By Product (Angiography Systems, Catheters, Guidewire, Balloons, Contrast Media, Vascular Closure Devices and Angiography Accessories), By Technology (X-Ray, MRI, CT and Others), By Procedure (Coronary, Endovascular, Neuroangiography, Onco-angiography and Others), By Application (Diagnostic and Therapeutic), and By Region: Global Industry Perspective, Comprehensive Analysis and Forecast, 2024 – 2032” Report at https://www.zionmarketresearch.com/report/angiography-devices-market
The global angiography devices market is segmented as follows:
By Product
By Technology
By Procedure
By Application
By Region
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