San Francisco, 18 March 2019: The Report Angiography Devices Market Size, Share & Trends Analysis Report By Technology
(X-Ray, MRA, CT), By Product (Angiography Systems, Contrast Media), By
Procedure, By Application, And Segment Forecasts, 2019 - 2026
The global angiography equipment market size is expected to reach USD 16.2 billion by 2026, according to a new report by Grand View Research, Inc. The market is expected to witness an exponential CAGR of 6.5% over the forecast period due to growing geriatric population, increasing prevalence of Cardiovascular Diseases (CVDs) with associated risk factors, technological advancements, and investments in the health tech sector. According to the World Health Organization (WHO) report, CVD is one of the leading causes of death in countries, such as U.S. and U.K.
Coronary Artery Disease (CAD) is the most
prevalent form of CVD. Through Global Hearts Initiative, the WHO is supporting
governments in controlling cardiovascular risk factors, such as hypertension
and diabetes. All these factors are projected to boost the market expansion
over the forecast period. Rapid development of the diagnostic imaging
modalities providing better visualization and assessment of CVD is also likely
to drive the angiography devices market in the years to come.
Geographically, North America held the
largest market share in 2018 and is expected to maintain its position during
the forecast period. Countries, such as Brazil and China, export the medical
devices from U.S. owing to the high standard of quality. Due to favorable government
regulations in developing countries, such as Japan and China, the Asia Pacific
region is projected to expand at a healthy CAGR during the estimated period.
For instance, reimbursement policy in Japan encourages the local manufacturers
to provide advanced angiography diagnostic devices.
Access Research Report of Angiography Equipment Market @ https://www.grandviewresearch.com/industry-analysis/angiography-device-market
Further key findings from the study suggest:
· Angiography systems led the market in 2018
owing to the advancements in technology and interventional procedures in Cath
labs
· In 2018, X-ray held the largest share of
the market due to technological developments offering superior-quality and
high-resolution images without increasing radiation dose
· Coronary angiography led the procedure
segment due to increased prevalence of Cardiovascular Diseases (CVDs)
· In 2018, diagnostic angiography accounted
for the largest share of the application segment due to the growing complexity
of the diseases
· Some key companies in the industry are GE
Healthcare; Koninklijke Philips N.V.; Siemens Healthineers; Boston Scientific
Corporation; Abbott Laboratories; B. Braun Melsungen; Medtronic, Inc.;
Angiodynamics; Cordis Corporation; and Shimadzu Corporation
Browse more reports of this category by Grand View
Research at: https://www.grandviewresearch.com/industry/medical-devices
Grand View Research has
segmented the global angiography equipment market on the basis of product,
technology, procedure, application, and region:
Angiography Equipment Product Outlook
(Revenue, USD Million, 2015 - 2026)
·
Angiography Systems
·
Catheters
·
Balloons
·
Guidewire
·
Contrast Media
·
Vascular Closure Devices
·
Angiography Accessories
Angiography Equipment Technology Outlook
(Revenue, USD Million, 2015 - 2026)
·
X-ray
·
MRA
·
CT
Angiography Equipment Procedure Outlook
(Revenue, USD Million, 2015 - 2026)
·
Coronary
·
Endovascular
·
Neurovascular
Angiography Equipment Application Outlook
(Revenue, USD Million, 2015 - 2026)
·
Diagnostic
·
Therapeutic
Angiography Equipment Regional Outlook
(Revenue, USD Million, 2015 - 2026)
·
North America
·
Europe
·
Asia Pacific
·
Latin America
·
Middle East and Africa
Access Press Release of
Angiography Equipment Market@ https://www.grandviewresearch.com/press-release/global-angiography-devices-market
About Grand View Research
Grand View Research, Inc. is a
U.S. based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides
syndicated research reports, customized research reports, and consulting
services. To help clients make informed business decisions, we offer market
intelligence studies ensuring relevant and fact-based research across a range
of industries, from technology to chemicals, materials and healthcare.
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