Angiography Equipment Market Size, Share, Trends, Growth 2032

The global angiography equipment market size was worth around USD 12.75 billion in 2023 and is predicted to grow to around USD 19.95 billion by 2032 with a compound annual growth rate (CAGR) of roughly 5.10% between 2024 and 2032.

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The study includes the drivers and restraints for the angiography equipment market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the angiography equipment market on a global level.

Angiography, also known as arteriography, is a medical imaging method applied to examine the organs of the body, with a primary focus on heart chambers, veins, and arteries. In this test, a radio-opaque contrast mediator is injected into the blood vessel. The subsequent images obtained are called angiograms. Angiograms are used to detect blockages in vessels or anywhere in the body. This might include the arteries going to the brain, the arteries feeding the kidneys, the arteries feeding the arms and legs, the arteries feeding the heart muscle, and also all of the vessels going to and from the lungs. Angiography procedure investigates various problems, such as atherosclerosis, pulmonary embolism, peripheral arterial disease, angina, and brain aneurysm. Angiography is a minimally invasive procedure, which is mostly carried out in radiology departments of hospitals.

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Angiography Equipment Market Growth Dynamics

Major drivers for the global angiography equipment market include growing dominance of cardio diseases. Cardiovascular diseases (CVDs) are the leading cause of death globally. Most people die due to CVDs annually as compared to any other causes.

Additionally, launching programs to create awareness about metabolic and cardiovascular diseases, funding from various organizations and government institutes, rising elderly population, and escalating demand for angiography systems in minimally invasive surgeries are projected to further boost the global angiography equipment market in the upcoming years. However, the high prices of angiography devices and the lack of reimbursement policies might impede the growth of angiography equipment market in the future. The introduction of novel and enhanced products are likely to create new growth avenues for angiography equipment market in the future.

Angiography Equipment Market Segmentation Analysis

The study provides a decisive view of the angiography equipment market by segmenting the market based on product, technology, procedure, indication, application, end-user, and region.

By product, the angiography equipment market is segmented into angiography systems, catheters, guide wire, balloons, contrast media, vascular closure devices (VCDs), and angiography accessories.

By technology, the market is segmented into X-Ray, CT, MRA, and other angiography technologies.

By procedure, the market is segmented into coronary angiography, endovascular angiography, Neuroangiography, Onco-angiography, and other angiography procedures.

By indication, the market is segmented into coronary artery disease, valvular heart disease, congenital heart disease, congestive heart failure, and other indications.

By application, angiography equipment market is bifurcated into diagnostic and therapeutic. By end-user, the angiography equipment market includes hospitals and clinics, diagnostic and imaging centers, and research institutes.

Angiography Equipment Market : Report Scope

The worldwide growth in geriatric population and increasing incidences of cardiovascular diseases coupled with the growing demand for interventional angiography systems in minimally invasive surgeries and awareness programs, conferences, and funding activities for angiography equipment are major growth factors of the angiography equipment market. Reimbursement policies for angiography procedures and the risk of radiation exposure might hinder this market during the forecast time period.

The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa with its further division into major countries including the U.S., Germany, Italy, France, UK, China, Japan, India, and Brazil.

Angiography Equipment Market: Competitive Analysis

The global angiography equipment market is led by players like:

• GE Healthcare
• Koninklijke Philips N.V.
• Siemens Healthineers
• Canon Incorporation
• Shimadzu Corporation
• Boston Scientific Corporation
• Cordis Corporation
• Medtronic, Inc
• AngioDynamics, Inc
• B. Braun Melsungen AG
• Abbott Laboratories

This report segments the global angiography equipment market as follows:

Global Angiography Equipment Market: By Product

• Angiography Systems
• Catheters
• Guidewire
• Balloons
• Contrast Media
• Vascular Closure Devices (VCDs)
• Angiography Accessories

Global Angiography Equipment Market: By Technology

• X-Ray
• CT
• MRA
• Other Angiography Technologies

Global Angiography Equipment Market: By Procedure

• Coronary Angiography
• Endovascular Angiography
• Neuroangiography
• Onco-angiography
• Other Angiography Procedures

Global Angiography Equipment Market: By Indication

• Coronary Artery Disease
• Valvular Heart Disease
• Congenital Heart Disease
• Congestive Heart Failure
• Other Indications
• Other

Global Angiography Equipment Market: By Application

• Diagnostic
• Therapeutic

Global Angiography Equipment Market: By End-User

• Hospitals and Clinics
• Diagnostic and Imaging Centers
• Research Institutes

Global Angiography Equipment Market: By Region

• North America
  • The U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• Middle East and Africa