New York, NY, Dec. 13, 2018 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “Angiography Equipment Market by Product (Guide Wire, Angiography Systems, Catheters, Vascular Closure Devices (VCDs), Balloons, Contrast Media, and Angiography Accessories), by Technology (X-Ray, MRA, CT, and Other Angiography Technologies), by Procedure (Coronary Angiography, Endovascular Angiography, Onco-Angiography, Neuroangiography, and Other Angiography Procedures), by Indication (Coronary Artery Disease, Congenital Heart Disease, Valvular Heart Disease, Congestive Heart Failure, and Other Indications), by Application (Diagnostic and Therapeutic), and by End-User (Hospitals and Clinics, Diagnostic & Imaging Centers, and Research Institutes): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017—2024”. According to the report, the global angiography equipment market was valued at approximately USD 9 billion in 2017 and is expected to generate revenue of around USD 13 billion by 2024, growing at a CAGR of around 5.50% between 2018 and 2024.
Angiography is used to make an image of blood vessels, such as the heart, head, kidneys, or lungs. Contrast medium is inserted into the artery so that the blood vessels can be examined. Angiography can be performed using an x-ray with catheters, magnetic resonance imaging, and computed tomography. It is also called arteriography. Angiography is performed in hospitals, in specialized magnetic resonance imaging centers, or specialized computed tomography centers. It is usually done as a casualty procedure. Angiography generally takes about 2 hours but may take longer if anesthesia is used.
Browse through 122 Tables & 24 Figures spread over 110 Pages and in-depth TOC on “Global Angiography Equipment Market: By Types, Size, Share, Industry Segments, Analysis and Forecast 2017—2024”.
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Major drivers for the global angiography equipment market include growing dominance of cardio diseases. Cardiovascular diseases (CVDs) are the leading cause of death globally. Most people die due to CVDs annually as compared to any other causes. According to the World Health Organization (WHO), 17.9 million people died from CVDs in 2016, i.e., 31% of all global deaths. Additionally, launching programs to create awareness about metabolic and cardiovascular diseases, funding from various organizations and government institutes, rising elderly population, and escalating demand for angiography systems in minimally invasive surgeries are projected to further boost the global angiography equipment market in the upcoming years. However, the high prices of angiography devices and the lack of reimbursement policies might impede the growth of angiography equipment market in the future. The introduction of novel and enhanced products are likely to create new growth avenues for angiography equipment market in the future.
The angiography equipment market is classified based on product, technology, procedure, indication, application, and end-user. By product, the angiography equipment market is segmented into angiography systems, catheters, guide wire, balloons, contrast media, vascular closure devices (VCDs), and angiography accessories. By technology, the market is segmented into X-Ray, CT, MRA, and other angiography technologies. The angiography systems are likely to hold the largest market share in the upcoming years, due to the growing number of patients suffering from cardiac diseases and product innovations. By procedure, the market is segmented into coronary angiography, endovascular angiography, Neuroangiography, Onco-angiography, and other angiography procedures. By indication, the market is segmented into coronary artery disease, valvular heart disease, congenital heart disease, congestive heart failure, and other indications. By application, angiography equipment market is bifurcated into diagnostic and therapeutic. By end-user, the angiography equipment market includes hospitals and clinics, diagnostic and imaging centers, and research institutes. The hospitals and clinics across the globe have contributed significantly toward this market due to the increasing number of patient admission with vascular diseases.
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North America represents a developed market for angiography equipment and is expected to experience rapid growth in the upcoming years. This is due to the high angiography devices demand and increased cardiac diseases occurrences in the region.
The Asia Pacific angiography equipment market is anticipated to grow significantly in the upcoming years, due to the huge number of patients suffering from CVDs, the growing aged population, and a rise in awareness programs and funding activities.
Browse the full "Angiography Equipment Market by Product (Guide Wire, Angiography Systems, Catheters, Vascular Closure Devices (VCDs), Balloons, Contrast Media, and Angiography Accessories), by Technology (X-Ray, MRA, CT, and Other Angiography Technologies), by Procedure (Coronary Angiography, Endovascular Angiography, Onco-Angiography, Neuroangiography, and Other Angiography Procedures), by Indication (Coronary Artery Disease, Congenital Heart Disease, Valvular Heart Disease, Congestive Heart Failure, and Other Indications), by Application (Diagnostic and Therapeutic), and by End-User (Hospitals and Clinics, Diagnostic & Imaging Centers, and Research Institutes): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017—2024" Report At https://www.zionmarketresearch.com/report/angiography-equipment-market
The Middle Eastern and African angiography equipment is likely to register a sluggish rate of growth in the upcoming years, due to the lack of product awareness.
Latin America is another important regional market, which is expected to experience moderate growth over the forecast time period.
Some key players operating in the global angiography equipment market include GE Healthcare, Koninklijke Philips N.V., Siemens Healthineers, Canon Incorporation, Shimadzu Corporation, Boston Scientific Corporation, Cordis Corporation, Medtronic, Inc., AngioDynamics, Inc., B. Braun Melsungen AG, and Abbott Laboratories, among others.
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This report segments the global angiography equipment market as follows:
Global Angiography Equipment Market: By Product
- Angiography Systems
- Catheters
- Guidewire
- Balloons
- Contrast Media
- Vascular Closure Devices (VCDs)
- Angiography Accessories
Global Angiography Equipment Market: By Technology
- X-Ray
- CT
- MRA
- Other Angiography Technologies
Global Angiography Equipment Market: By Procedure
- Coronary Angiography
- Endovascular Angiography
- Neuroangiography
- Onco-angiography
- Other Angiography Procedures
Global Angiography Equipment Market: By Indication
- Coronary Artery Disease
- Valvular Heart Disease
- Congenital Heart Disease
- Congestive Heart Failure
- Other Indications
- Other
Global Angiography Equipment Market: By Application
- Diagnostic
- Therapeutic
Global Angiography Equipment Market: By End-User
- Hospitals and Clinics
- Diagnostic and Imaging Centers
- Research Institutes
Global Angiography Equipment Market: By Region
- North America
- The U.S.
- Europe
- UK
- France
- Germany
- Asia Pacific
- China
- Japan
- India
- Latin America
- Brazil
- The Middle East and Africa
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