Medical Angiography Devices Market was valued at USD 3.2 Billion in 2022 and is projected to reach USD 5.5 Billion by 2030, growing at a CAGR of 7.5% from 2024 to 2030.
Looking ahead, the demand for angiography devices from 2023 to 2033 is expected to escalate further. With the aging population growing globally and the incidence of chronic diseases such as diabetes and hypertension rising, the need for advanced diagnostic tools is poised to continue growing. In addition, the integration of artificial intelligence (AI) and machine learning (ML) in angiography systems promises to enhance precision and optimize workflow in interventional procedures. These technologies will not only improve diagnostic accuracy but also help in reducing procedure time and recovery time for patients. As a result, medical institutions are likely to adopt these advanced devices at an increasing rate over the next decade.
The global medical angiography devices market will also see a boost from innovations in catheter-based angiography systems, as well as advancements in 3D and 4D imaging. A greater push for less invasive treatments is likely to increase adoption, particularly for coronary and peripheral angiographies. Furthermore, the development of hybrid imaging techniques, such as the combination of angiography with CT and MRI scans, will help enhance the detection of complex vascular conditions, offering better patient outcomes. This multi-modality approach is expected to be a key driver of market demand in the coming years.
Government initiatives promoting health awareness and investments in healthcare infrastructure will also play a pivotal role in driving demand. Additionally, emerging markets in Asia-Pacific and Latin America are expected to experience significant growth in angiography device adoption, driven by increasing healthcare access and the growing incidence of vascular diseases.
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The medical angiography devices market, spanning the years 2018 to 2022, witnessed substantial growth due to an increasing demand for minimally invasive diagnostic procedures. Angiography, a key procedure in diagnosing cardiovascular diseases, has been evolving with advances in imaging technologies and catheterization techniques. The market was driven by the rising prevalence of heart diseases, strokes, and other vascular conditions, pushing hospitals and medical institutions to invest in state-of-the-art angiography equipment. From 2018 to 2022, the market focused on improvements in image clarity, real-time diagnostic capabilities, and the miniaturization of devices for greater patient comfort.
GE Healthcare
Siemens Healthcare
Canon Medical
Medtronic
Abbott
Boston Scientific Corporation
Cordis Corporation
Philips Healthcare
Shimadzu Corporation
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Medical Angiography Devices Market
Hospital
Clinic
Other
Based on Types the Market is categorized into Below types that held the largest Medical Angiography Devices market share In 2023.
X-Ray Angiography Devices
CT Angiography Devices
MR Angiography Devices
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Medical Angiography Devices Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Medical Angiography Devices Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Medical Angiography Devices Market, By Type
6. Global Medical Angiography Devices Market, By Application
7. Global Medical Angiography Devices Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Medical Angiography Devices Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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