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Global Angiography Equipment Market
Global Angiography Equipment Market was valued at USD9.75 billion in 2017, and is estimated to grow at a CAGR of 6.5% from 2017 to 2024.
Angiography is a minimally invasive technique which is utilized to view the blood vessels in the body. Currently, technological advancements in interventional radiology have led to the development of OCT-angiography, MRI-angiography, and digital flat panel contrivances, which are expected to drive the market magnification during the analysis period.
The growth in Global Angiography Equipment Market is attributed to the high predominance of cancer and cardiovascular diseases, growing geriatric population, and higher approvals for advanced angiography devices. Moreover, techniques, research discoveries, better disease awareness, an increasing number of angiography procedures and growing government and public-private investments are certain other key drivers to boost the Global Angiography Equipment Market .
Global Angiography Equipment Market device is segmented by product, procedure, technology, indication, application, and end-user. Global Angiography Equipment Market device have the predominately usage in hospital, clinics, diagnostic and imaging centers and research Institutes laboratories.
Europe dominated the Global Angiography Equipment Market in 2017. The sizably voluminous quota of the European market can be attributed to factors such as the high prevalence of diseases such as cancer and CVD. The more expeditious and more facile product approbation process in the region, the astronomically immense number of perpetual research activities, growing regime and public-private investments. In addition to this, incrementing number of vigilance programs, and elevating adoption of angiography contrivances due to an astronomically immense number of angiography procedures are also performed in European countries further boosting the overall growth of Global Angiography Equipment Market.
The major players in the Global Angiography Equipment Market device are GE Healthcare (US), Koninklijke Philips N.V. (Netherlands), Siemens Healthineers (Germany), Canon Corporation (Japan), Boston Scientific Corporation (US), and Cordis (a Cardinal Health Company, US). Other players in this market include Shimadzu Corporation (Japan), Medtronic (Ireland), Angiodynamics (US), B. Braun Melsungen (Germany), and Abbott Laboratories (US).
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The years that have been considered for the study are:
• Base year – 2016
• Estimated year – 2017
• Forecast period – 2017 to 2024
Market Key Segment:
o Angiography Equipment Solutions
Angiography Contrast Media
Vascular Closure Devices (VCDs)
o X-Ray Angiography
o CT Angiography
o MR Angiography
o Other Angiography Technologies
o Coronary Angiography
o Endovascular Angiography
o Other Angiography Procedures
o Coronary Artery Disease
o Valvular Heart Disease
o Congenital Heart Disease
o Congestive Heart Failure
o Other Indications
By End User
o Hospitals and Clinics
o Diagnostic and Imaging Centers
o Research Institutes
• Rest of Europe
• South Korea
• Rest of Asia Pacific
Rest of the World (ROW)
• Latin America
Global Angiography Equipment Market is estimated by analysing the data points obtained from various sources and conducting them into a predictor model created specifically for each individual market. The data points are extracted from paid and unpaid sources along with paid primary interviews with key opinion leaders in the market. Key opinion leaders from both demand and supply sides of market were considered while conducting interviews to get unbiased idea of the market. This exercise was done at country level to get fair idea of the market in countries considered for this analysis. This country specific analysis was accumulated to establish regional numbers and then arrive at global market value for Global Angiography Equipment Market .
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