Market Overview:
The Angiography Imaging Systems market size is expected to grow from USD 5.8 Billion in 2022 to USD 9.8 Billion by 2030, at a CAGR of 6.78 % during the forecast period.
Angiography, also known as arteriography, is a medical imaging technique used to visualize blood vessels and organs like arteries, veins, and heart chambers. It involves introducing a contrast agent into the patient's blood, which appears opaque in angiography films under X-rays or fluoroscopy, making the veins and arteries visible for analysis. Angiography Imaging Systems cater to various procedures recommended by healthcare experts, aiding in the diagnosis of conditions such as atherosclerosis, peripheral arterial disease, blood clots, and brain aneurysms. The growing prevalence of such diseases has increased demand for these systems, offering benefits like improved patient safety, faster recovery, and enhanced effectiveness, further driving market growth.
Top Key Players for Angiography Imaging Systems Market:
Canon Medical Systems (Japan), GE Healthcare (US), Koninklijke Philips N.V. (Netherlands), Siemens Healthineers (Germany), Boston Scientific Corporation (US), Cordis Corporation (US), Angiodynamics (US), Omega Medical Imaging LLC (US), Shimadzu Corporation (Japan), Medtronic (Ireland), Braun Melsungen (Germany), Abbott Laboratories (US), Terumo (Japan), and Other Major Players
Market Dynamics and Factors for Angiography Imaging Systems Market:
Drivers:
Rising Prevalence of Cardiovascular, Neurological and Oncological Diseases
The global angiography imaging systems market is driven by the increasing incidence of cardiovascular, brain, and tumor-related diseases, where angiography imaging is essential for diagnosis and treatment. Cardiovascular diseases have become a major health concern, causing a significant number of deaths worldwide. Coronary heart disease, in particular, is prevalent, partly due to unhealthy lifestyles. Early prevention and diagnosis of these conditions are crucial, highlighting the vital role of Angiography Imaging in addressing these challenges.
Opportunities:
Ongoing Innovation and Advances, And Growing Adoption of Minimally Invasive Surgeries Using Interventional Angiography
Angiography, once solely a diagnostic tool, has evolved significantly with technological advancements, becoming the basis for interventional therapy. Modern Angiography Imaging Systems offer real-time, dynamic imaging and therapeutic options at the time of diagnosis, driving market growth. The increasing adoption of non-invasive interventions, along with the expanded scope of angiography through advancements like CT and MRI technologies, has made it a preferred and safe procedure. With various types available for different body areas, such as coronary, cerebral, pulmonary, and renal angiography, the demand for Angiography Imaging Systems is expected to surge due to its safety, speed, and cost-effectiveness.
Segmentation Analysis of the Angiography Imaging Systems Market:
By Type, The X-Ray angiography segment is expected to dominate the market over the forecast period, despite the introduction of various alternative angiographic imaging techniques such as magnetic resonance imaging, computed tomography, and ultrasound angiography.
By Application, Cardiology is the dominated application in the Angiography Imaging Systems market due to the high prevalence of cardiovascular diseases and the critical role of angiography in diagnosis and interventional therapy for heart-related conditions.
Regional Analysis of the Angiography Imaging Systems Market:
During the forecast period, the North American market for Angiography Imaging Systems is expected to witness significant growth. This growth can be attributed to the rising prevalence of cardiovascular diseases and lifestyle changes in developed countries like the United States, leading to an increase in health concerns such as obesity, heart problems, and strokes. The region boasts a large number of Angiographic imaging system vendors, constantly innovating to address the growing demand for cardiovascular disease investigations.
Key Industry Development:
In November 2022, Canon Medical Systems USA, a subsidiary of Canon Medical Systems Corporation and a global leader in innovative diagnostic imaging technology, announced the launch of SP Configurations, Orian SP, and Galan SP. This new launch is oncoming with its AI-driven workflow solutions, equipped intelligent Ceiling Camera, and the Tablet UX mobile interface which is to deliver daily high-end performance.
In June 2022, Shimadzu Medical Systems, a leading manufacturer of advanced imaging systems announced the release of its New Angiography System Trinias at the SIR 2022. The new Trinias system uses AI deep learning technology that will help in improving the visibility of medical devices while using 40% or more lower*2 X-ray doses than previous models which makes it safer. This launch represents the first-time application of AI into the image processing engine of an angiography system.
Regional Outlook (Revenue in USD Million; Volume in Units, 2023-2030)
North America
- US
- Canada
- Mexico
Eastern Europe
- Bulgaria
- The Czech Republic
- Hungary
- Poland
- Romania
- Rest of Eastern Europe
Western Europe
- Germany
- UK
- France
- Netherlands
- Italy
- Russia
- Spain
- Rest of Western Europe
Asia Pacific
- China
- India
- Japan
- South Korea
- Malaysia
- Thailand
- Vietnam
- The Philippines
- Australia
- New Zealand
- Rest of APAC
Middle East & Africa
- Turkey
- Bahrain
- Kuwait
- Saudi Arabia
- Qatar
- UAE
- Israel
- South Africa
South America
- Brazil
- Argentina
- Rest of SA
