On this, the coronary angiography procedure is used to diagnose coronary heart disease, and coronary microvascular disease in a sudden cardiac arrest, chest pain, and strokes cases. This procedure is practiced before surgical procedures, such as coronary angioplasty. Therefore, the global coronary angiography market is mainly driven by the growing pervasiveness of cardiovascular diseases, increasing geriatric population, and benefits the procedure for early diagnosis. The report suggests that by the American Heart Association, fact sheet 2016, an estimated 85.6 million American adults had one or more types of cardiovascular diseases.
The substantial occurrence of cardiovascular diseases, which the WHO has identified as the leading cause of death, globally, has been enticing numerous research and development activities since decades. Then came coronary angiography devices, that got invented as a mode of medical imaging to visualize blood vessels and body organs, such as arteries, veins, and heart. As the technology is harnessed further to make it more affordable for patients, and whereas healthcare infrastructure improves in the most promising emerging economies, the angiography devices market is well-informed for having a prosperous future. Thus, this is flourishing the global Coronary Angiography Devices Market share to a great extent and paving ways for more opportunities to enter the market in the years to come.
Market Research Future has presented its latest reports on the global coronary angiography devices market, which states that it is expected to gain eminence from 2022 to 2030. The reports also states that the global coronary angiography devices market estimates to register a CAGR of 6.20 % during the forecast period of 2022-2030 and would rise substantially.
Geographically, the market has been segmented into America, Europe, Asia Pacific, and the Middle East & Africa.
Among all, the Americas are likely to lead the global coronary angiography devices market owing to the well-established healthcare sector, increasing the existence of cardiovascular diseases and the accessibility of progressive technology. As per the American Heart Association data, in 2017, nearly 92.1 million American population are existing with some cardiovascular disease or the after-effects of stroke. Moreover, growing geriatric population, awareness about the benefits of early diagnosis, and treatment of heart disorder have driven the market growth in this region. As per the Population Reference Bureau, the number of Americans old over 65 is predictable to double from 46 million in 2014 to over 98 million by 2060.
Similarly, Europe is likely to hold the second position in the global coronary angiography devices market owing to the rising demand for medical diagnostic techniques and increasing occurrence of cardiovascular diseases are expected to drive the market towards positive notions. As per the European Cardiovascular Diseases Statistics, in 2015, an estimate of 85 million people was living with cardiovascular diseases in Europe and around 49 million people with the condition in the European Union.
Moreover, the Asia Pacific is accounted to be the fastest mounting region in the market owing to the massive patient population with heart diseases and rising geriatric population. According to WHO, 2015, Asia's elderly population is probable to reach closely 923 million by 2050. Moreover, the participation of the government for the upgrading of the healthcare sector in India and Japan are likely to contribute to market growth.
Coronary Angiography Devices Market Players
Terumo Medical Corporation,Boston Scientific Corporation,Canon Medical Systems,Cordis (A Cardinal Health Company),Braun Melsungen AG,Angiodynamics,Abbott Vascular (Abbott Laboratories),Toshiba Medical Systems Corporation,Royal Philips Electronics,GE Healthcare,Medtronic, Inc.,Shimadzu Corporation,Siemens Healthcare
Coronary Angiography Devices Market Segmentation
MRFR has segmented the market into eight main dynamics to widen the scope of understanding,
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