Angiography equipment is imaging tools primarily used in angiography, a medical imaging technique used to visualize blood vessels and organs. It helps doctors diagnose and treat various cardiovascular diseases and conditions affecting the arteries and veins. Angiography equipment aids in procedures like coronary angiography to examine the arteries supplying blood to the heart and identify any blockages. The global angiography equipment market is driven by the rising prevalence of cardiovascular diseases, growing geriatric population, and technological advancements enhancing image quality and resolution.

The Global Angiography Equipment Market is estimated to be valued at US$ 12.17 Bn in 2024 and is expected to exhibit a CAGR of 5.5% over the forecast period 2024 to 2031.

Key Takeaways

Key players operating in the global angiography equipment are B. Braun Melsungen AG, Koninklijke Philips N.V., GE Healthcare, Cardinal Health, Siemens Healthcare Gmbh, Shimadzu Corporation, Medtronic plc, Boston Scientific Corporation, ANGIODYNAMICS, Abbot, Microport Scientific Corporation, Terumo Corporation, CURATIA MEDICAL INC., Cook Medical, Merit Medical Systems, Inc. and Applied Medical Resources Corp.

The key opportunities in the angiography equipment market include rising demand for minimally invasive angiography procedures, growing healthcare expenditure, and increasing collaborations between prominent players to develop innovative systems.

Technological advancements such as flat panel detectors instead of image intensifiers and upgraded imaging software have enhanced image quality, resolution, and workflow efficiency during angiography procedures.

Market drivers:

The Global Angiography Equipment Market Share is primarily driven by the rising geriatric population and the subsequent increase in the prevalence of cardiovascular diseases worldwide. As per the WHO, cardiovascular diseases are the number one cause of death globally, taking an estimated 17.9 million lives each year. Angiography equipment plays a crucial role in the diagnosis and treatment of various heart conditions like coronary artery disease. Therefore, the growing burden of heart diseases is expected to propel the demand for angiography systems during the forecast period. Other major market drivers include increasing healthcare expenditure, growing awareness regarding early diagnosis, and continuous technological advancements leading to better imaging modalities.

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