Global Angiography Devices Market Size, Share, Growth, Industry Trends and Forecast 2020-2030

The global angiography device market was valued at USD 11.2 billion in 2020 and is projected to reach USD 18.1 billion by 2030 at a CAGR of 4.8% during the forecast the period.Angiography is a medical treatment process of imaging the blood vessels by injecting the agents like iohexol and iopamidol. These agents are injected through a narrow tube known as a catheter placed directly into the veins or arteries, and this process is called angiograms. Angiogram, the process is used to detect any blockage of blood vessels or any abnormalities within the same all the way through the circulatory system. It is also used to diagnose kidney functions, heart diseases, blood clots, detects kidney cysts or tumors, and aneurysm, also known as abnormal bulging of veins or arteries causing hemorrhage. Through this process, an image of vessels or you can say a map is created before treating any diseases and for doing neurosurgery. This global angiography market is projected to grow consistently during the forecast period due to the technical advancement, growth of cardiovascular diseases, and demand for angiography as a diagnostic test for determining several diseases. According to the World Health Organization, deaths of 17.3 million occur per year due to cardiovascular disease and this number is expected to grow by 18.1 million by 2030. In the year 2015, cardiovascular related deaths were counted to be 31% of all global deaths, an estimated 7.4 million deaths occurred due to coronary disease and 6.6 million were due to stroke.
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Market Dynamics and Factors:
The surge of coronary diseases has resulted in more demand for angiographic devices, the introduction of improved technology-based products, increasing numbers for minimally invasive procedures are the factors propelling the market growth. However, the high cost of devices and stringent regulatory conditions has slowed down the market growth. Also, the advancement of technology in the coming future will introduce more technologically advanced devices that will propel the market growth. Moreover, due to lack of government funding and easy transfer of technology will prevail in the angiography devices market growth.
Market Segmentation:
Global Angiography Devices Market – By Product
Vascular Closure Devices
Accessories
Guide-Wires
Balloons
Catheters Tube
Angiography System
Contrast Media
Global Angiography Devices Market – By Indications
Valvular Heart Disease
Congestive Heart Failure
Known/Suspected CAD
Congenital Heart Disease
Others
Global Angiography Devices Market – By Technology
X-RAY Angiography Devices
CT Angiography Devices
MRI Angiography Device
Global Angiography Devices Market – By Devices
Coronary Angiography
Digital Subtraction Angiography (DSA)
Catheter Angiography
Magnetic Resonance Angiography (MRA)
Computed Tomography Angiography (CTA)
Conventional Angiography
Others
Global Angiography Devices Market – By Procedures
Coronary Angiography
Micro-Angiography
Non-Coronary Angiography
Renal Angiography
Cerebral Angiography
Pulmonary Angiography
Extremity Angiography
Others
Global Angiography Devices Market – By Application
Therapeutic
Diagnostic
Global Angiography Devices Market – By End-Users
Academic Research Laboratories
Hospitals
Diagnostic Centers
Ambulatory Surgical Centers
Others
Global Angiography Devices Market – By Source
Nuclear Reactors
Cyclotrons
Global Angiography Devices Market – By Radioisotope
Technetium-99
Gallium-67
Iodine-123
Iodine-125
18f, Rubidium-82
Yttrium-90
Lutetium-177
Others
Global Angiography Devices Market – By Type
PET/CT
SPECT
Therapeutics
Global Angiography Devices Market – By Geography
North America
U.S.
Canada
Mexico
Europe
U.K.
France
Germany
Italy
Rest of Europe
Asia-Pacific
Japan
China
India
Australia
Rest of Asia Pacific
ROW
Latin America
Middle East
Africa

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Geographic Analysis:
North America has the largest market for angiography devices, followed by Europe due to the high technological advancement, less invasive procedures, availability of reimbursements, rising geriatric population, and high replacement rates of medical equipment in the angiography device market. Europe is the second-largest market after North America. The significant share of the European countries can be attributed to the high prevalence of cardiovascular diseases, high government investments, the faster product approval procedures, and rising adoption of the angiography devices due to a large number of angiography screening procedures.
Competitive Scenario:
Major key players in the angiography devices market are Boston Scientific Corporation, Market Drot, Canon Medical Systems Corporation, Abbott Vascular, Koninklijke Philips N.V, ST. Jude Medical, Merit Medical Systems, Inc, Medtronic Inc, Shimadzu Corporation, Toshiba Corporation, Philips Healthcare, Siemens Healthcare, Cordis Corporation (A Jnj Company), GE Healthcare and AngioDynamics, Inc.
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How will this Market Intelligence Report Benefit You?
The report offers statistical data in terms of value (US$) as well as Volume (units) till 2030.
Exclusive insight into the key trends affecting the Global Angiography Devices industry, although key threats, opportunities and disruptive technologies that could shape the Global Angiography Devices Market supply and demand.
The report tracks the leading market players that will shape and impact the Global Angiography Devices Market most.
The data analysis present in the Global Angiography Devices Market report is based on the combination of both primary and secondary resources.
The report helps you to understand the real effects of key market drivers or retainers on Global Angiography Devices Market business.
The 2021 Annual Global Angiography Devices Market offers:
100+ charts exploring and analysing the Global Angiography Devices Market from critical angles including retail forecasts, consumer demand, production and more
15+ profiles of top producing states, with highlights of market conditions and retail trends
Regulatory outlook, best practices, and future considerations for manufacturers and industry players seeking to meet consumer demand
Benchmark wholesale prices, market position, plus prices for raw materials involved in Global Angiography Devices Market type
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