Angiography Equipment Market Research Report Information By Product (Angiography Systems, Angiography Catheters, Angiography Contrast Media, Vascular Closure Devices (VCDs), Angiography Balloons, Angiography Guidewires, and Angiography Accessories), By Procedure (Coronary Angiography, Endovascular Angiography, Neuroangiography, and Onco-angiography), By Application (Diagnostics, and Therapeutics,), By End-User (Hospitals & Clinics, Diagnostic Centers, Imaging Centers, Research Institutes), And By Region (North America, Europe, Asia-Pacifi

Global Angiography Equipment Market Overview

Angiography Equipment Market Size was valued at USD 8.5 Billion in 2022. The Angiography Equipment market industry is projected to grow from USD 8.94 Billion in 2023 to USD 13.41 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 5.20% during the forecast period (2023 - 2032). Increased need for angiography equipment to facilitate keyhole procedures and innovations in interventional radiology technology are the key market drivers enhancing market growth.

Source Secondary Research, Primary Research, MRFR Database, and Analyst Review

Angiography Equipment Market Trends

• Growing technological development is driving the market growth

Market CAGR for angiography equipment is driven by the increased demand for new imaging technologies like magnetic resonance imaging (MRI), computed tomography (CT), and flat-panel detectors is expected to boost the worldwide angiography equipment market in the coming years. The angiography equipment market is projected to expand during the next few years due to some factors, including the rising incidence of cardiovascular diseases, the aging of the population, and the preference for more advanced angiography techniques. Increasing interest in using interventional angiography equipment in keyhole procedures. People are increasingly choosing these procedures since they are less expensive and risky than standard surgical procedures.

Additionally, the rise in the elderly population, the prevalence of coronary artery disease, and the prevalence of cardiovascular disease worldwide. Demand for interventional angiography systems in minimally invasive operations is a major driver of the market's expansion and rising awareness programs, conferences, and financing activities. Minimally invasive operations are becoming increasingly popular, and supportive government initiatives and reimbursement policies in developed economies are expected to fuel the market's expansion. Therefore, the increasing prevalence of these diseases is fueling the expansion of the international market.

For instance, AlphaVac Multipurpose Mechanical Aspiration (MMA) F1885 System for the treatment of acute intermediate-risk pulmonary embolism (PE) AngioDynamics has announced the launch of the Acute Pulmonary Embolism Extraction Trial with the AlphaVac System (APEX-AV), a new clinical study to determine the device's reliability and safety. As a result, the demand for angiography equipment is predicted to grow throughout the forecasted time due to rising technological advancement. Thus, the driving factor is the angiography equipment market revenue.

Angiography Equipment Market Segment Insights

Angiography Equipment Product Insights

The  angiography equipment market segmentation, based on product, includes angiography systems, angiography catheters, angiography contrast media, vascular closure devices (VCDs), angiography balloons, angiography guidewires, and angiography accessories. In 2022, the angiography systems segment led the Angiography Equipment market in revenue because of medical developments and the growing number of people who need help with heart problems. Catheter-based minimally invasive processes have given way to digitalized operations in these angiography systems. Increases in the prevalence of chronic disease and the frequency of angiography procedures contribute to expanding the market.

Angiography Equipment Procedure Insights

The  angiography equipment market segmentation, based on procedure, includes coronary angiography, endovascular angiography, neuro angiography, and onco-angiography. The coronary angiography segment is expected to develop at a CAGR of 5.20% over the projected period, making up the largest market share due to rising rates of coronary artery disease and the availability of less invasive imaging techniques. The market is expanding because of demographic shifts toward an older demographic, greater awareness of the importance of detecting and treating cardiac illnesses early, and technical developments.

Angiography Equipment Application Insights

The  angiography equipment market segmentation, based on application, includes diagnostics and therapeutics. The diagnostics segment is expected to expand fastest at a CAGR of 5.20% in light of anticipated future demand, and medical professionals use a diagnosis to provide insight into potential courses of therapy and potential complications. A diagnosis is important because it alerts medical insurance providers that you have a problem that needs treatment.

 Angiography Equipment End-Users Insights

The  angiography equipment market segmentation, based on end-users, includes hospitals & clinics, diagnostic centers, imaging centers, and research institutes. The segment with the largest hospitals & clinics market share is expected to expand fastest at a CAGR of 5.20% over the next several years. Many people with heart problems go to hospitals simply because they are easier to get to and cheaper than specialized medical centers.

Figure 1  Angiography Equipment Market by End-User, 2022 & 2032 (USD Billion)

Source Secondary Research, Primary Research, MRFR Database, and Analyst Review

Angiography Equipment Regional Insights

By region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. The North American angiography equipment market will dominate because there are now so many labs and research centers in the area. In addition, its benefits from a well-established healthcare infrastructure and the expanding presence of significant important players, both of which are expected to fuel the market's expansion in this region.

Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Figure 2  ANGIOGRAPHY EQUIPMENT MARKET SHARE BY REGION 2022 (USD Billion)

Source Secondary Research, Primary Research, MRFR Database, and Analyst Review

Europe’s angiography equipment market accounts for the second-largest market because of the prevalence of cardiovascular disease and the existence of numerous producers, both domestic and foreign. Further, the German angiography equipment market held the largest market share, and the UK angiography equipment market was the fastest-growing market in the European area.

The Asia-Pacific angiography equipment market is expected to grow at the fastest CAGR from 2023 to 2032 due to increased angiography screening procedures, expanding adoption of angiography devices, and increased funding for cardiovascular disease research and treatment are all factors. Moreover, China’s angiography equipment market held the largest market share, and the Indian angiography equipment market was the fastest-growing market in the Asia-Pacific region.

Angiography Equipment Key Market Players & Competitive Insights

Leading market players are investing heavily in research and development to expand their product lines, which will help the angiography equipment market grow even more. There are some strategies for action that market participants are implementing to increase their presence around the world's  footprint, with important market developments including new product launches, contractual agreements and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, the angiography equipment industry must offer cost-effective items.

Manufacturing locally to minimize operational costs is one of the key business tactics manufacturer use in the  angiography equipment industry to benefit clients and increase the market sector. In recent years, the angiography equipment industry has offered some of the most significant technological advancements. Major players in the angiography equipment market, including GE Healthcare (U.S.), Koninklijke Philips N.V. (Netherlands), Siemens Healthineers (Germany), Canon Corporation (Japan), Boston Scientific Corporation (U.S.), Cordis (a Cardinal Health Company( U.S.), Shimadzu Corporation (Japan), Medtronic (Ireland), Angiodynamics (U.S.), B. Braun Melsungen (Germany), Abbott Laboratories (U.S.), Terumo (Japan), and others are attempting to increase market demand by investing in research and development operations.

At GE HealthCare, we think that innovation creates new opportunities. We are collaborating with our customers to reach the full potential of healthcare through cutting-edge medical technology, intelligent devices, and care solutions. Greater patient care is made possible by greater technology. Together, we are implementing universal healthcare and building a better future. Our business is run by a group of leaders who are certain that GE HealthCare enhances the lives of all of our stakeholders. They start by describing our vision for the direction of healthcare. Together, we are digitizing healthcare, increasing productivity to improve patient lives, and creating major efficiencies for international providers and health systems. In April 2023, GE HealthCare declared that the bkActiv of the newest generation is now accessible for directing urology, colorectal, and pelvic floor surgical procedures. One of GE HealthCare's subsidiaries, BK Medical, developed the industry-leading intraoperative ultrasound imaging system with the goal of providing surgeons with high-performance ultrasound guidance that is simple and intuitive to use.

At Varian, a Siemens Healthineers company, we hope to eradicate cancer-related anxiety. For more than 75 years, Varian has created, constructed, and supplied cutting-edge technology and solutions that support the treatment of millions of patients annually by healthcare professionals all over the world. As a Siemens Healthineers company, we now support every stage of the cancer care process, from screening to survivorship. We are using the strength of our perspective while simultaneously pursuing clinical research to build a more effective and individualized care pathway. This includes advanced imaging and radiation therapy, extensive software and services, and interventional radiology. In May 2023, an initial patient was successfully treated using Siemens Healthineers' RADIATE-VT1 clinical trial (NCT 05765175) at Washington University School of Medicine in St. Louis, Missouri. The RADIATE-VT trial is the first international, multi-center, and safety of cardiac radio ablation (CRA) versus catheter ablation for patients with high-risk, refractory (VT). The Varian CRA system will handle the planning and delivery of the cardiac radio ablation treatments. 

Key Companies in the Angiography Equipment Market include

• GE Healthcare (U.S.)


• Koninklijke Philips N.V. (Netherlands)


• Siemens Healthineers (Germany)


• Canon Corporation (Japan)


• Boston Scientific Corporation (U.S.)


• Cordis (a Cardinal Health Company U.S.)


• Shimadzu Corporation (Japan)


• Medtronic (Ireland)


• Angiodynamics (U.S.)


• Braun Melsungen (Germany)


• Abbott Laboratories (U.S.)


• Terumo (Japan)

Angiography Equipment Industry Developments

November 2023 Siemens Healthineers announces the launch of its new Atellica™ Vantage 640 Cardiac Angiography System. The system is designed to provide superior image quality and faster scan times, making it ideal for complex cardiac angiography procedures.Philips Healthcare announces the launch of its new Azurion Clarity 3D angiography system. The system is designed to provide clinicians with real-time 3D images of blood vessels, which can help them to perform more accurate and efficient procedures.GE Healthcare announces the launch of its new Discovery™ HI FX40 angiography system. The system is designed to provide high-quality images at low radiation doses, making it ideal for patients who are sensitive to radiation.

April 2023 GE HealthCare, the VolusonTM Expert 22, has won the "Best New Ultrasound Technology Solution" prize in the seventh annual MedTech Breakthrough Awards medical device category. The MedTech Breakthrough Awards recognize the institutions, businesses, and services advancing medical and digital health advances in a crowded market.

April 2022 Canon Inc. stated that clinical research using a next-generation X-ray CT system with photon-counting computed tomography (photon-counting CT, PCCT) has started between the business Canon Inc., Canon Medical Systems Corporation (Canon Medical), and the National Cancer Centre Japan (NCC).

Angiography Equipment Market Segmentation

Angiography Equipment Product Outlook

• Angiography Systems


• Angiography Catheters


• Angiography Contrast Media


• Vascular Closure Devices (VCDs)


• Angiography Balloons


• Angiography Guidewires


• Angiography Accessories

Angiography Equipment Procedure Outlook

• Coronary Angiography


• Endovascular Angiography


• Neuroangiography


• Onco-angiography

Angiography Equipment Application Outlook

• Diagnostics


• Therapeutics

Angiography Equipment End-User Outlook

• Hospitals & Clinics


• Diagnostic Centers


• Imaging Centers


• Research Institutes

Angiography Equipment Regional Outlook

• North America
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Australia
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East
  
  
  • Africa
  
  
  • Latin America