Angiography Devices Market Increasing at A Phenomenal Pace to Reach USD 18.23 Billion by 2028

12-Jul-2021 | Zion Market Research

Some of the key players operating in the angiography devices market are GE Healthcare, Koninklijke Philips N.V., Siemens Healthineers, Canon Corporation, Shimadzu Corporation, Boston Scientific Corporation, Cordis Corporation, Medtronic Inc., AngioDynamics and Abbott Laboratories, amongst others. These players are set to bolster the development of global angiography devices market.

According to analysts at Zion Market Research, the global angiography devices market accounted for USD 10.89 Billion in 2020 and is expected to reach USD 18.23 Billion by 2028, growing at a CAGR of 6.7% from 2021 to 2028.

This review is based on a report by Zion Market Research, titled “Angiography Devices Market by Product (Angiography Systems, Catheters, Guidewire, Balloons, Contrast Media, Vascular Closure Devices and Angiography Accessories), by Technology (X-Ray, MRI, CT and Others) by Procedure (Coronary, Endovascular, Neuroangiography, Onco-angiography and Others) by Application (Diagnostic and Therapeutic): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2028.”

Rising prevalence of Cardiovascular Diseases (CVDs) to Spur Market Growth

Factors such as the prevalence of cardiovascular problems, an ageing population, rising obesity rates due to lifestyle changes, and high consumption of fast food are estimated to drive the angiography devices market in the years to come. Furthermore, rising demand for minimally invasive surgeries can boost the growth of this market, as angiograms conducted during the diagnosis phase give a detailed, clear, and accurate picture of the blood vessels in a patient's heart, obviating the need for costly invasive surgery. Surgeons are also opting for such procedures owing to the reduced risks and costs associated with it.

Presence of Big Players in The Region Support North American Dominance

With the largest share, North America was a leading regional market for angiography devices in 2020 followed by Europe. The growth of this region is mainly attributed to high rate of minimally invasive procedures adoption, easy reimbursements, growing geriatric population, and high medical equipment replacement rates. Europe is expected to grow with the highest CAGR during the analysis period.

Browse the full Angiography Devices Market by Product (Angiography Systems, Catheters, Guidewire, Balloons, Contrast Media, Vascular Closure Devices and Angiography Accessories), by Technology (X-Ray, MRI, CT and Others) by Procedure (Coronary, Endovascular, Neuroangiography, Onco-angiography and Others) by Application (Diagnostic and Therapeutic): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2028.” Report at https://www.zionmarketresearch.com/report/angiography-devices-market

The global angiography devices market is segmented as follows:

By Product

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

By Technology

  • X-Ray
  • MRI
  • CT
  • Others

By Procedure

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

By Application

  • Diagnostic
  • Therapeutic

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

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