The angiography equipment market is projected to grow at a CAGR of 6.35% to reach US$16.515 billion by 2023, from US$11.416 billion in 2017. High prevalence coupled with increasing incidence of cancer and cardiovascular diseases around the world is one of the major factors driving growth of the angiography equipment market. Moreover, favorable government regulation for the approval of the product in the various developed regions also fuels up the growth of the global market. There is also growing demand for angiography systems due to shift in preference towards minimally Invasive Surgeries. However high costs associated with procurement and use of technologically advanced angiography equipment is a major factor hampering growth of the global market.
This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.
Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the angiography equipment value chain. The last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.
Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the angiography equipment market.
Major industry players profiled as part of the report are GE Healthcare, Siemens Healthcare, Philips Healthcare, Shimadzu Corporation, Cannon Medical Systems Corporation, Carestream Health and B. Braun among others.
The angiography equipment market has been analyzed through following segments:
Computed tomography Angiography
Magnetic resonance Angiography
Hospitals and Clinics
Research and Institution
Middle East and Africa