The global angiography equipment market accounted for USD 10.76 billion in 2023 and is expected to reach USD 20.35 billion by 2034 with a CAGR of 5.97%during the forecast period 2024-2034. The prevalence of cardiovascular diseases, technological advancements, minimally invasive procedures, increasing adoption of angiography procedures, and strategic alliances and partnerships will drive market growth.
Angiography is a safe and effective method for diagnosing and treating a variety of diseases. The adoption rate of angiography treatments increases as awareness of their benefits improves. This is driving up demand for angiography equipment. Imaging technology advancements have greatly enhanced angiography operations' accuracy and efficiency. Digital subtraction angiography (DSA), flat-panel detectors, and hybrid operating rooms outfitted with modern imaging systems have improved the quality of angiographic imaging, resulting in market growth. For instance, in December 2023, GE Healthcare launched its new Allia angiography system in Europe, which offers increased functionality for complicated procedures.
By product, the angiography systems segment accounted for the highest revenue-grossing segment in the global angiography equipment market in 2023 owing to the increasing adoption of advanced imaging technologies, rising demand for minimally invasive procedures, and expanding applications beyond cardiovascular diseases. For instance, in November 2023, Canon Medical Systems Corporation received regulatory approval in Japan for their latest angiography system, which has a small design and increased maneuverability. Additionally, the angiography catheters segment is predicted to grow at the fastest CAGR during the forecast period owing to the growing prevalence of cardiovascular diseases, advancements in catheter design and materials, and increasing demand for precise and minimally invasive interventions.
By technology, the X-ray angiography segment accounted for the highest revenue-grossing segment in the global angiography equipment market in 2023 owing to the widespread availability, established efficacy in diagnosing cardiovascular diseases, and continuous technological advancements improving image quality and procedural efficiency. For instance, Shimadzu Corporation announced the launch of the Artis icono ceiling angiography system in June 2022. Additionally, the CT angiography segment is predicted to grow at the fastest CAGR during the forecast period owing to the non-invasive nature, advancements in CT technology enhancing image resolution and speed and increasing applications in diagnosing vascular diseases beyond the cardiovascular system.
By procedure, the coronary angiography segment accounted for the highest revenue-grossing segment in the global angiography equipment market in 2023 owing to the critical role in diagnosing and treating coronary artery disease, the leading cause of mortality worldwide, and continuous advancements in equipment improving procedural accuracy and patient outcomes. For instance, Terumo Corporation's TriGuardTM HD Cerebral Protection System, which provides a portable and easy-to-use solution for patient protection during TAVR, received CE Mark approval in December 2023. Additionally, the neuro angiography segment is predicted to grow at the fastest CAGR during the forecast period owing to the increasing incidences of neurological disorders, advancements in imaging techniques for precise diagnosis and treatment planning, and expanding applications in interventional neurology.
By application, the diagnostic segment accounted for the highest revenue-grossing segment in the global angiography equipment market in 2023 and is predicted to grow at the fastest CAGR during the forecast period owing to the rising demand for early and accurate diagnosis of cardiovascular and other vascular diseases, coupled with technological advancements enhancing imaging quality and procedural efficiency. For instance, in August 2023, Canon Medical announced the commercial release of its Alphenix/Evolve Edition angiography system in Europe. The device uses real-time deep learning technology to improve imaging while saving time and radiation exposure during regular and difficult percutaneous coronary intervention (PCI) and structural heart disease procedures.
By end-user, the hospital's segment accounted for the highest revenue-grossing segment in the global angiography equipment market in 2023 owing to the increasing number of hospital admissions for cardiovascular procedures, expanding healthcare infrastructure, and the availability of advanced imaging technologies in hospital settings. For instance, Terumo Corporation's TriGuardTM HD Cerebral Protection System, which provides a portable and easy-to-use solution for patient protection during TAVR, received CE Mark approval in December 2023. Additionally, the ambulatory surgical centers segment is predicted to grow at the fastest CAGR during the forecast period owing to the rising demand for outpatient procedures, advancements in minimally invasive techniques, and efforts to reduce healthcare costs and enhance patient convenience.
North American region is anticipated to have the highest revenue share during the forecast period owing to well-established healthcare infrastructure, high prevalence of cardiovascular diseases, early adoption of advanced medical technologies, and favorable reimbursement policies. Additionally, the Asia Pacific region is predicted to grow at the fastest CAGR during the forecast period owing to rapid urbanization, increasing healthcare spending, rising incidence of cardiovascular diseases, expanding access to healthcare services, and growing awareness about early disease detection and treatment options. For instance, Angiodynamics, Inc. unveiled their Embolic DefenseTM Embolic Protection System in October 2023 to collect debris during stenting and lower extremity angioplasty treatments. This has the potential to enhance patient outcomes when peripheral arterial disease (PAD) is treated.
This extensive research report concentrates on the size and projections of the global and regional markets from 2023 to 2034.
Angiography is a safe and effective method for diagnosing and treating a variety of diseases. The adoption rate of angiography treatments increases as awareness of their benefits improves. This is driving up demand for angiography equipment. Imaging technology advancements have greatly enhanced angiography operations' accuracy and efficiency. Digital subtraction angiography (DSA), flat-panel detectors, and hybrid operating rooms outfitted with modern imaging systems have improved the quality of angiographic imaging, resulting in market growth. For instance, in December 2023, GE Healthcare launched its new Allia angiography system in Europe, which offers increased functionality for complicated procedures.
By product, the angiography systems segment accounted for the highest revenue-grossing segment in the global angiography equipment market in 2023 owing to the increasing adoption of advanced imaging technologies, rising demand for minimally invasive procedures, and expanding applications beyond cardiovascular diseases. For instance, in November 2023, Canon Medical Systems Corporation received regulatory approval in Japan for their latest angiography system, which has a small design and increased maneuverability. Additionally, the angiography catheters segment is predicted to grow at the fastest CAGR during the forecast period owing to the growing prevalence of cardiovascular diseases, advancements in catheter design and materials, and increasing demand for precise and minimally invasive interventions.
By technology, the X-ray angiography segment accounted for the highest revenue-grossing segment in the global angiography equipment market in 2023 owing to the widespread availability, established efficacy in diagnosing cardiovascular diseases, and continuous technological advancements improving image quality and procedural efficiency. For instance, Shimadzu Corporation announced the launch of the Artis icono ceiling angiography system in June 2022. Additionally, the CT angiography segment is predicted to grow at the fastest CAGR during the forecast period owing to the non-invasive nature, advancements in CT technology enhancing image resolution and speed and increasing applications in diagnosing vascular diseases beyond the cardiovascular system.
By procedure, the coronary angiography segment accounted for the highest revenue-grossing segment in the global angiography equipment market in 2023 owing to the critical role in diagnosing and treating coronary artery disease, the leading cause of mortality worldwide, and continuous advancements in equipment improving procedural accuracy and patient outcomes. For instance, Terumo Corporation's TriGuardTM HD Cerebral Protection System, which provides a portable and easy-to-use solution for patient protection during TAVR, received CE Mark approval in December 2023. Additionally, the neuro angiography segment is predicted to grow at the fastest CAGR during the forecast period owing to the increasing incidences of neurological disorders, advancements in imaging techniques for precise diagnosis and treatment planning, and expanding applications in interventional neurology.
By application, the diagnostic segment accounted for the highest revenue-grossing segment in the global angiography equipment market in 2023 and is predicted to grow at the fastest CAGR during the forecast period owing to the rising demand for early and accurate diagnosis of cardiovascular and other vascular diseases, coupled with technological advancements enhancing imaging quality and procedural efficiency. For instance, in August 2023, Canon Medical announced the commercial release of its Alphenix/Evolve Edition angiography system in Europe. The device uses real-time deep learning technology to improve imaging while saving time and radiation exposure during regular and difficult percutaneous coronary intervention (PCI) and structural heart disease procedures.
By end-user, the hospital's segment accounted for the highest revenue-grossing segment in the global angiography equipment market in 2023 owing to the increasing number of hospital admissions for cardiovascular procedures, expanding healthcare infrastructure, and the availability of advanced imaging technologies in hospital settings. For instance, Terumo Corporation's TriGuardTM HD Cerebral Protection System, which provides a portable and easy-to-use solution for patient protection during TAVR, received CE Mark approval in December 2023. Additionally, the ambulatory surgical centers segment is predicted to grow at the fastest CAGR during the forecast period owing to the rising demand for outpatient procedures, advancements in minimally invasive techniques, and efforts to reduce healthcare costs and enhance patient convenience.
North American region is anticipated to have the highest revenue share during the forecast period owing to well-established healthcare infrastructure, high prevalence of cardiovascular diseases, early adoption of advanced medical technologies, and favorable reimbursement policies. Additionally, the Asia Pacific region is predicted to grow at the fastest CAGR during the forecast period owing to rapid urbanization, increasing healthcare spending, rising incidence of cardiovascular diseases, expanding access to healthcare services, and growing awareness about early disease detection and treatment options. For instance, Angiodynamics, Inc. unveiled their Embolic DefenseTM Embolic Protection System in October 2023 to collect debris during stenting and lower extremity angioplasty treatments. This has the potential to enhance patient outcomes when peripheral arterial disease (PAD) is treated.
This extensive research report concentrates on the size and projections of the global and regional markets from 2023 to 2034.
Report Scope:
- Base Year: 2023
- Forecast Period: 2024-2034
- Study Coverage
- Market Forecast by Product, Technology, Procedure, Application, and End-User
- Market Forecast for 5 Regions and 17+ Countries
- North America (U.S. and Canada)
- Europe (Germany, France, UK, Spain, Italy, Russia, Rest of Europe)
- Asia Pacific (China, Japan, India, Australia, South Korea, Rest of APAC)
- Latin America (Brazil, Mexico, Argentina, Rest of LATAM)
- MEA (South Africa, GCC, Rest of MEA)
- Exhaustive Company Profiles of the Top 10+ Major Market Players
Segmentation: Angiography Equipment Market Report 2023 - 2034
Angiography Equipment Market Analysis & Forecast by Product 2023 - 2034 (Revenue USD Bn)
- Angiography Systems
- Catheters
- Guidewire
- Balloons
- Contrast Media
- Vascular Closure Devices
- Angiography Accessories
Angiography Equipment Market Analysis & Forecast by Technology 2023 - 2034 (Revenue USD Bn)
- X-ray
- MRA
- CT
Angiography Equipment Market Analysis & Forecast by Procedure 2023 - 2034 (Revenue USD Bn)
- Coronary
- Endovascular
- Neurovascular
Angiography Equipment Market Analysis & Forecast by Application 2023 - 2034 (Revenue USD Bn)
- Diagnostic
- Therapeutic
Angiography Equipment Market Analysis & Forecast by End-User 2023 - 2034 (Revenue USD Bn)
- Hospitals
- Specialty Clinics
- Ambulatory Surgical Centers
- Diagnostic Centers
- Others
Angiography Equipment Market Analysis & Forecast by Region 2023 - 2034 (Revenue USD Bn)
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- UK
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of LATAM
- Middle East & Africa
- South Africa
- GCC
- Rest of MEA
Table of Contents
1. Research Methodology
2. Introduction
4. Market Environment Analysis
5. Market Dynamics
7. Angiography Equipment Market: Product Estimates & Trend Analysis
8. Angiography Equipment Market: Technology Estimates & Trend Analysis
9. Angiography Equipment Market: Procedure Estimates & Trend Analysis
10. Angiography Equipment Market: Application Estimates & Trend Analysis
11. Angiography Equipment Market: End-user Estimates & Trend Analysis
12. Regional Market Analysis
13. North America Angiography Equipment Market
14. Europe Global Angiography Equipment Market
15. Asia Pacific Global Angiography Equipment Market
16. Latin America Global Angiography Equipment Market
17. MEA Global Angiography Equipment Market
18. Competitor Analysis
19. Company Profiles
Companies Mentioned
- Siemens Healthineers
- GE Healthcare
- Philips Healthcare
- Canon Medical Systems Corporation
- Shimadzu Corporation
- Boston Scientific Corporation
- Medtronic plc
- Abbott Laboratories
- Terumo Corporation
- Angiodynamics Inc.
- Koninklijke Philips N.V.
- B. Braun Melsungen AG
- Carestream Health
- Toshiba Medical Systems Corporation
- Hitachi Medical Systems
