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Angiography Equipment Market by Product, Technology, Procedure, Application, Patient Care Setting - Global Forecast to 2023

Angiography Equipment Market: Global Forecast until 2023

  • June 2018
  • 240 pages
  • ID: 2669366
In this report:
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The research institutes segment is expected to grow at a CAGR of ##.##% during the forecast period to reach USD ##.## million by 2023 from USD ##.## million in 2018.


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The angiography equipment market is expected to grow at Compound annual growth rate of 5.00 percent.

The angiography equipment market is estimated to grow ~$13.1B by 2023 from ~$10.3B in 2018, at a compound annual growth rate (CAGR) of 5.00 percent. The increase in this industry is assigned to the high prevalence of diseases including cancer and CVDs, growing product approvals for advanced angiography techniques in the sector, the important number of ongoing research activities, increasing government and public-private investments, rising number of awareness programs, and growing adoption of angiography devices due to a big number of angiography procedures performed across the world. Elements such as lack of reimbursement for angiography procedures and risk of radiation exposure are anticipated to hinder the increase of the angiography devices market to a certain extent.

The angiography catheters segment is anticipated to rise at the maximal CAGR during the estimate period.

On the basis of products, the angiography equipment market is divided into angiography systems, angiography catheters, angiography guidewires, angiography balloons, angiography contrast media, vascular closure devices, and angiography accessories.The angiography catheters segment is projected to record the maximal CAGR (Compound annual growth rate) during the outlook period.

This sector is primarily influenced by the increasing importance of cardiac care and the growing demand for MIS, the introduction of new products including catheters with high flexibility and trackability, multi-purpose angiography and angioplasty catheters, and catheters attached with guidewires.

The neuroangiography segment is expected to record the maximal compound annual growth rate (CAGR) during the estimate period.

On the basis of procedures, the sector is divided into-coronary angiography, endovascular angiography, neuroangiography, onco-angiography, and other angiography procedures.The neuroangiography segment is projected to register the highest CAGR (Compound annual growth rate) during the outlook period.

The high adoption of neuroangiography is essentially attributed to the rising number of patients enduring from neurovascular diseases and the increasing aging population.

Latin America area to register the maximum growth rate in the angiography equipment market during the estimate period.

Europe (EU) recorded for the biggest share of the angiography equipment market in 2017.Nevertheless, Latin America area is anticipated to grow at the highest compound annual growth rate (CAGR) during the outlook period.

The rise in this industry is influenced by Elements such as the increased purchasing power, presence of a favorable regulatory environment, increase in the geriatric population, and government actions to enhance healthcare infrastructure.

Break of primary members taking part was as mentioned below:

• By Company category - Tier 1 - 42.0 percent, Tier 2 - 38.0 percent and Tier 3 - 20.0 percent

• By Description - C-suite - 40.0 percent, D-level - 35.0 percent, Others - 25.0 percent

• By Area - North America (NA) - 35.0 percent, EU - 30.0 percent, Asia-Pac - 20.0 percent, RoW - 15.0 percent

The main players in the angiography equipment market are GE Healthcare (GE subsidiary), Koninklijke Philips (NYSE:PHG), Siemens Healthineers, Canon Corporation, Boston Scientific (NYSE:BSX), Cordis, Shimadzu (TYO:7701), Medtronic, Angiodynamics, B. Braun Melsungen, and Abbott Laboratories (NYSE:ABT).

Segment Research

The industry report examines the angiography equipment market and aims at estimating the market value and upcoming growth potential of this market established on several segments including product, procedure, application, and end user.The study also comprises an detailed regulatory study for several areas across the world and competitive review of the top actors in this sector together with their company descriptions, product and service offerings, latest developments, and key industries strategies.

This market report also offers market information on North America continent, Europe (EU), Asia Pacific (APAC), Latin America area, and the Middle East & African continent.

Reasons to Buy the Report

The analysis will increase established companies as well as new entrants/smaller companies to measure the pulse of the sector, which in turn would help garner a greater share. Companies obtaining the market research could use one or any combination of the below mentioned five strategies.

This business report offers business insights on these pointers:

• Market Uptake: Exhaustive data on product and service portfolios provided by the top actors in the angiography equipment market. This industry report examines the sector by product, application, end-user, procedure, and area

• Product Development/Innovative products: In-depth understanding on the next trends and product and service launches in the angiography equipment market

• Market Development: Highlighted information about the profitable emerging sectors for angiography equipment

• industry diversification: Complete information about recent products and services, increasing regions, recent evolutions, and market investments in the angiography equipment market

• opposing assessment: Detailed assessment of market shares, increase strategies, products, services, and technological capabilities of the leading actors in the angiography equipment market

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