About Angiography Devices
The Angiography devices are one type of medical imaging technique that used in visualize blood vessels in the brain, neck, heart, and kidneys. The Angiography devices used to detect the abnormalities and blood vessels blockage throughout the circulatory systems. Major driving factors for the increase of angiography devices are rise in Interventional Angiography Systems in Minimally Invasive Surgeries and government funding activities. This factor is expected to boost the global market. The major companies are adding more proven technologies systematically and strategically in Asia-Pacific countries as these countries are focused on better health facilities.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
High Growth Market | North America |
Unit | Value (USD Million) |
CAGR | 5.2% |
Angiography Devices market is a fragmented market due to the presence of various players. Companies are focusing on developing innovative products and solutions to improve quality, enhances and promotes performance, along with try to incorporate latest technology. The companies are coming up with partnerships or agreements along with planning strategic activities such as partnerships, product launch, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Angiography Devices market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
GE Healthcare (United States), Siemens Healthcare (Germany), Toshiba Corporation (Japan), Medtronic Inc. (Ireland), ST. Jude Medical (United States), Abbott Vascular (United States), Boston Scientific Corporation (United States), Cordis Corporation (United States), Philips Healthcare (Netherlands) and Shimadzu Corporation (Japan) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Angiography Devices market by Type (X-Ray Angiography Devices, CT Angiography Devices and MR Angiography Devices), Application (Diagnostic and Therapeutic) and Region.
On the basis of geography, the market of Angiography Devices has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Indication, the sub-segment i.e. Known Suspected CAD will boost the Angiography Devices market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Procedure, the sub-segment i.e. Coronary Angiography will boost the Angiography Devices market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End-Users , the sub-segment i.e. Hospitals will boost the Angiography Devices market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Upsurge demand of innovative technology such as MRA & CT and digital flat panel detectors devices
Market Growth Drivers:
Upsurge Investment in Healthcare Sector. and Increase in Prevalence of Cardio-Vascular Diseases.
Challenges:
It can only be Applicable in Active Bleeding.
Restraints:
High Cost Associated With Angiography Devices. and Regulation Upgradation Hampers the Angiography Devices Market.
Opportunities:
Rise in Aging Population Leads to Boost the Angiography Devices Market. and Technological Developments in Healthcare Sectors Lead to Grow the Angiography Devices Market.
Market Leaders and their expansionary development strategies
In January 2023, Shimadzu Medical Systems USA launched the Trinias angiography system at the Society of Interventional Radiology. The new Trinias system uses AI deep learning technology to improve the visibility of medical devices while using 40% or more low X-ray dose than the company’s previous models under standard dose ratio (Air Kerma) at 7.5pps and 10pps. This helped company to expand its presence in angiography devices market
In February 2018, Philips launched a Azurion angiography system which is beneficial in providing several imaging and software enhancements to aid guidance during complex interventional procedures. It also delivered smart-touch display attached to the table-side controls, that target for vascular and interventional radiology applications.
“According to U.S. Food and Drugs Administration , it’s denoted that the Angiographic injector and syringe should be in a convenient kits as listed in the guidance note, is under enforcement discretion, and does not require a premarket notification (510(k)) to market if it meets all criteria in the guidance.”
Key Target Audience
Angiography Devices Manufacturers, Angiography Devices Traders, End-Use Market Participants of Different Segments of Angiography Devices, Government and Research Organizations, Associations and Industrial Bodies, Research and Consulting Firms, R&D Institutions and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.