Angiography Equipment Market Industry Analysis, Market Trends, Market Growth, Opportunities, and Forecast
Angiography Equipment Market Overview:
The Angiography Equipment Market was valued at USD 9.77 billion in 2017 and is expected to grow at a CAGR of 5.0 percent to USD 13.06 billion by 2023, with a forecasted CAGR of 5.0 percent. The high prevalence of diseases such as cancer and CVDs, increasing product approvals for advanced angiography techniques in the market, the large number of ongoing research activities, growing government and public-private investments, increasing awareness programmes, and rising adoption of angiography devices due to the large number of angiography procedures performed around the world are all contributing to the market's growth.
Europe held the largest regional market share in 2018.
Europe accounted for the largest share of the angiography equipment market in 2018. The large share of the European region can be attributed to factors such as the high prevalence of diseases such as cancer and CVD, the faster and easier product approval process in the region, the large number of ongoing research activities, growing government and public-private investments, an increasing number of awareness programs, and rising adoption of angiography devices due to a large number of angiography procedures performed in European countries.
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Global Angiography Equipment Market
This research report categorizes the market into the following segments and subsegments:
Global Angiography Equipment, By Product
Angiography Equipment Solutions
Angiography Contrast Media
Vascular Closure Devices (VCDs)
Global Angiography Equipment Market, By Technology
Other Angiography Technologies
Global Angiography Equipment Market, By Procedure
Other Angiography Procedures
Global Coronary Angiography Market, By Indication
Coronary Artery Disease
Valvular Heart Disease
Congenital Heart Disease
Congestive Heart Failure
Although there are numerous players offering angiography devices, some of the prominent players in this market are GE Healthcare (US), Koninklijke Philips N.V. (Netherlands), Siemens Healthineers (Germany), Canon Corporation (Japan), Shimadzu Corporation (Japan), Boston Scientific Corporation (US), Cordis Corporation (US), Medtronic, Inc. (US), AngioDynamics (US), B. Braun Melsungen (Germany), and Abbott Laboratories (US).
The Global Angiography Equipment Industry is fragmented and highly competitive, it consists of several large to medium-sized companies that compete with each other for increasing their foothold in different segments of the market. The top five players operating in this market include GE Healthcare (US), Koninklijke Philips N.V. (Netherlands), Siemens Healthineers (Germany), Canon Corporation (Japan), Boston Scientific Corporation (US), and Cordis (a Cardinal Health Company, US). Other players in this market include Shimadzu Corporation (Japan), Medtronic (Ireland), Angiodynamics (US), B. Braun Melsungen (Germany), and Abbott Laboratories (US). The market has number of large and medium players operating at both global and regional levels as well. The leading players are continuously developing advanced systems and devices to maintain their shares in the market.
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