Angiography Equipment Market Overview

The angiography equipment market is growing rapidly attributing to the increasing number of cases of cardiovascular and coronary diseases, which are the result of changing lifestyle. Over the last three decades, equipment used in angiography procedures have evolved significantly demonstrating remarkable advances. Such betterments are predominantly driving the growth of the market. Also, there has been a remarkable growth in the awareness about coronary diseases and cardiovascular-related surgeries, which is escalating the market on the global platform.

According to Market Research Future (MRFR), the global angiography equipment market report is expected to garner notable accruals by 2023. In its recently published research report, MRFR also asserts that the market would register over 5% CAGR throughout the assessment period (2018-2023). Technological advancements in interventional radiology is a key driving force behind the growth of the market.

Additional factors acting as significant growth propellers to the market include the rising prevalence of cardiovascular diseases, increasing numbers of angiography procedures, and benefits of the technique in early diagnosis & treatments. Also, the growing demand for interventional angiography systems in minimally invasive surgeries and rising healthcare expenditures are defining the growing landscape of the market.

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Angiography Equipment Market Segmentation

The report is segmented into seven key market dynamics to widen the scope of understanding,

·         By Product: Angiography Catheters, Angiography Systems, Angiography Contrast Media, Angiography Balloons, Vascular Closure Devices (VCDs), Angiography Guidewires, and Angiography Accessories.

·         By Technology:  CT angiography, X-ray angiography, MR angiography, and other angiography technologies.

·         By Procedure:Endovascular Angiography, Coronary Angiography, Neuro-Angiography, Onco-Angiography, and other Angiography Procedures.

·         By Indication: Valvular Heart Disease, Coronary Artery Disease, Congenital Heart Disease, Congestive Heart Failure, and other indications.

·         By Application: Diagnostics and Therapeutics.

·         By End-user: Hospitals & Clinics, Diagnostic & Imaging Centers, and Research Institutes.

·         By Regions: Europe, North America, Asia Pacific, and the Rest-of-the-World.

Angiography Equipment Market Regional Analysis

Europe is considered as the leading region in the global angiography equipment market. Factors, such as the high per capita healthcare expenditures and the growing population act as major tailwinds to the regional market growth. Moreover, a well-developed infrastructure, increasing prevalence of cardiovascular disorders, spreading awareness of CABG procedures, and technological advancements are expected to spur the market growth in the region.

Additionally, increasing numbers of angiography procedures and growing preference of minimally invasive devices contribute to the growth of the regional market. Furthermore, the resurging economy is playing a vital role in increasing the value of the regional market, increasing access to quality care. Also, the availability of specialty care services in hospitals & tertiary care centers, increasing demand for the treatment options of cardiovascular diseases, and rising prevalence of cardiovascular diseases escalate the market growth in the region.

Moreover, factors positively impacting the growth of the regional market include the growing emphasis on coronary artery bypass procedures and increasing geriatric population with chronic diseases such as diabetes & obesity which increase the risk for heart disease and cardiovascular diseases.

Angiography Equipment Market Players

·         Globus Medical, Inc. (U.S.)

·         Depuy Synthes Inc. (Johnson & Johnson) (U.S.)

·         Smith & Nephew plc. (UK)

·         NuVasive, Inc. (U.S.)

·         Stryker Corporation (U.S.)

·         Integra LifeSciences Holdings Corporation (U.S.)

·         Zimmer Biomet Holdings, Inc. (U.S.)

·         Medtronic, plc (Ireland)

·         Wright Medical Group N.V. (Netherlands)

·         The Orthopedic Implant Company (U.S.)

·         Aesculap Implant Systems (U.S.)

·         Conmed Corporation (U.S.)

·         BioTek Instruments, Inc. (U.S.)

·         Arthrocare Corporation (U.S.)

among others are some key companies in the global Angiography Equipment that are listed by MRFR for market research.

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