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Angiography Equipment Market Size Worth USD 16.2 Billion By 2026: Growing At A CAGR Of 6.5% | Grand View Research, Inc.

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Angiography Equipment Market Size Worth USD 16.2 Billion By 2026: Growing At A CAGR Of 6.5% | Grand View Research, Inc.

July 15
03:30 2021
Angiography Equipment Market Size Worth USD 16.2 Billion By 2026: Growing At A CAGR Of 6.5% | Grand View Research, Inc.

“Grand View Research, Inc. – Market Research And Consulting.”
According to a new report published by Grand View Research, Increasing scope of application and technological innovations are expected to be the key growth-driving factors for the market.

The global angiography equipment market size is expected to reach USD 16.2 billion by 2026, according to a new report by Grand View Research, Inc. The market is expected to witness an exponential CAGR of 6.5% over the forecast period due to growing geriatric population, increasing prevalence of Cardiovascular Diseases (CVDs) with associated risk factors, technological advancements, and investments in the health tech sector. According to the World Health Organization (WHO) report, CVD is one of the leading causes of death in countries, such as U.S. and U.K.

Coronary Artery Disease (CAD) is the most prevalent form of CVD. Through Global Hearts Initiative, the WHO is supporting governments in controlling cardiovascular risk factors, such as hypertension and diabetes. All these factors are projected to boost the market expansion over the forecast period. Rapid development of the diagnostic imaging modalities providing better visualization and assessment of CVD is also likely to drive the angiography devices market in the years to come.

Geographically, North America held the largest market share in 2018 and is expected to maintain its position during the forecast period. Countries, such as Brazil and China, export the medical devices from U.S. owing to the high standard of quality. Due to favorable government regulations in developing countries, such as Japan and China, the Asia Pacific region is projected to expand at a healthy CAGR during the estimated period. For instance, reimbursement policy in Japan encourages the local manufacturers to provide advanced angiography diagnostic devices. 

Angiography Devices Market Report Highlights

 Angiography systems led the market in 2018 owing to the advancements in technology and interventional procedures in Cath labs

In 2018, X-ray held the largest share of the market due to technological developments offering superior-quality and high-resolution images without increasing radiation dose

Coronary angiography led the procedure segment due to increased prevalence of Cardiovascular Diseases (CVDs)

In 2018, diagnostic angiography accounted for the largest share of the application segment due to the growing complexity of the diseases.

Some key companies in the industry are GE Healthcare; Koninklijke Philips N.V.; Siemens Healthineers; Boston Scientific Corporation; Abbott Laboratories; B. Braun Melsungen; Medtronic, Inc.; Angiodynamics; Cordis Corporation; and Shimadzu Corporation.

For Requesting a Sample Copy Please Visit @ https://www.grandviewresearch.com/industry-analysis/angiography-device-market/request/rs15

Angiography Devices Market Segmentation

Grand View Research has segmented the global angiography equipment market on the basis of product, technology, procedure, application, and region:

Angiography Equipment Product Outlook (Revenue, USD Million, 2015 – 2026)
    • Angiography Systems
    • Catheters
    • Balloons
    • Guidewire
    • Contrast Media
    • Vascular Closure Devices
    • Angiography Accessories

Angiography Equipment Technology Outlook (Revenue, USD Million, 2015 – 2026)
    • X-ray
    • MRA
    • CT

Angiography Equipment Procedure Outlook (Revenue, USD Million, 2015 – 2026)
    • Coronary
    • Endovascular
    • Neurovascular
Angiography Equipment Application Outlook (Revenue, USD Million, 2015 – 2026)
    • Diagnostic
    • Therapeutic

Angiography Equipment Regional Outlook (Revenue, USD Million, 2015 – 2026)
     North America
        • The U.S.
        • Canada
    • Europe
        • Germany
        • The U.K.
        • France
    • Asia Pacific
        • China
        • India
        • Japan
    • Central and South America
        • Brazil
        • Mexico
    • Middle East & Africa
        • South Africa

Fill The Pre-Order Enquiry Form For The Report @ https://www.grandviewresearch.com/inquiry/1864/ibb

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About Grand View Research

Grand View Research is a U.S. & India-based market research and consultancy firm. It is headquartered in San Francisco. We provide business insights, syndicated research reports, and customized research reports to large as well as small and medium-scale enterprises. Our database features thousands of statistics and in-depth analyses on more than 45 industries. Grand View Research’s extensive database is used by Fortune 500 companies to understand the regional as well as the global business environment.

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Company Name: Grand View Research, Inc.
Contact Person: Sherry James, Corporate Sales Specialist – U.S.A.
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Phone: 1888202951
Address:Grand View Research, Inc. 201 Spear Street 1100 San Francisco, CA 94105, United States
City: San Francisco
State: California
Country: United States
Website: https://www.grandviewresearch.com/industry-analysis/angiography-device-market