Angiography is the medical imaging technique used for the diagnosis & treatment of vascular diseases & conditions. The global angiography devices market is estimated to reach $27.7 billion in 2019, at a CAGR of 4.4% from 2014 to 2019.
The report “Angiography Devices Market by Technology (X-Ray, CT, MRA), Products (Angiography systems, Catheters, Guide-Wires, Balloons, Contrast Media, Accessories), Application (Diagnostic &Therapeutic) & End-Users - Global Forecast to 2019” analyzes and studies the major market drivers, restraints, and opportunities in North America, Europe, Asia, and Rest of the World.
Market growth will be attributed to innovative new product launches, rising demand for early diagnosis and treatment by the aging population, and increasing awareness on the benefits of early diagnosis & treatment of cardiovascular disease.
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The angiography devices market studied in this report is mainly segmented by technology, products, applications, procedures, indications, and end users. Based on products, the market is further segmented into angiography systems, catheters, guide-wires, balloons, contrast media, vascular closure devices, and accessories. On the basis of technology, the market is segmented into X-ray, computed tomography, and magnetic resonance angiography. By application, the market is segmented into diagnostic and therapeutic. The market, by indication, can be divided into known/suspected CAD, valvular heart disease, congenital heart disease, and congenital heart failure. Based on procedure, the market is segmented into coronary angiography, micro-angiography, neuro-vascular, peripheral angiography, post-mortem CT angiography, and other procedures (radiofrequency (RF) tumor ablation studies, other RF procedures). The end-user market covers hospitals, diagnostic centers, and academic research laboratories.
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Developed geographies like North America & Europe are saturated markets and expected to grow at a slower rate in the forecast period, whereas the Asian market is expected to witness the highest growth due to increasing volume of procedures (which is caused by the rising aging population and patient base). The North American and European markets will grow mainly because of the tendency to replace old devices with new, advanced devices.
Key players in angiography devices market are Siemens Healthcare (Germany), GE Healthcare (U.K.), Toshiba Medical System Corporation (Japan), Shimadzu Corporation (Japan), Royal Philips Electronics (Netherlands), St. Jude Medical, Inc. (U.S.), and Abbott Vascular (Abbott Laboratories) (U.S.).
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