Market Research Future has announced the addition of the ‘Coronary Angiography Devices Market: Global Industry Analysis 2017-2018 and Opportunity Assessment 2018–2023″ report to their offering. Report presents a revised forecast of the global Coronary Angiography Devices Market for a 5-year period 2018-2023 with respect to four main geographies and their countries- Americas, Europe, Asia Pacific and Middle East and Africa.
Market Highlights:
The coronary angiography procedure is used to diagnose coronary heart disease and coronary microvascular disease after the sudden cardiac arrest, chest pain, and strokes. This procedure is carried out before surgical procedures such as coronary angioplasty.
The global coronary angiography market is driven by growing prevalence of cardiovascular diseases, increasing geriatric population, and benefits of the procedure for early diagnosis. According to the American Heart Association, fact sheet 2016, an estimated 85.6 million American adults had one or more types of cardiovascular diseases. In addition to these, 43.7 million were estimated to be 60 or above years of age. Moreover, technological advancements in Coronary Angiography Devices, raising awareness for diagnosis of heart diseases, and growing preference for minimally invasive procedures with improved medical imaging is likely to contribute to the market growth. Furthermore, increasing R&D activities and continuous products launch by leading market players enhances the market growth during the forecast period. For instance, in 2016, Siemens Healthineers launched innovative robot-supported Artis phenol angiography system.
The global coronary angiography devices market is expected to gain prominence over the forecast period (2018–2023). It is estimated that the global coronary angiography devices market is expected to register a CAGR of ~ 6.1 % during the forecast period of 2018–2023.
However, limitations in reimbursement policies and changing government regulations restrain the market growth. Moreover, factors such as high cost of Coronary Angiography Devices and lack of skilled medical professional are likely to hamper the market growth during the assessment period.
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Coronary Angiography Devices Market – Leading players
- Terumo Medical Corporation
- Boston Scientific Corporation
- Canon Medical Systems
- Cordis (A Cardinal Health Company)
- Braun Melsungen AG
- Angiodynamics
- Abbott Vascular (Abbott Laboratories)
- Toshiba Medical Systems Corporation
- Royal Philips Electronics
- GE Healthcare
- Medtronic, Inc.
- Shimadzu Corporation
- Siemens Healthcare
Global Coronary Angiography Devices Market – Regional Analysis
The Americas are likely to dominate the global coronary Coronary Angiography Devices market owing to the well-established healthcare sector, increasing the prevalence of cardiovascular diseases and availability of advanced technology. According to the American Heart Association data, in 2017, about 92.1 million American population are living with some form of cardiovascular disease or the after-effects of stroke. Moreover, increasing geriatric population, growing awareness about benefits of early diagnosis and treatment of heart disorder are has fueled the market growth in this region. For instance, according to the Population Reference Bureau, the number of Americans aged over 65 is projected to be more than double from 46 million in 2014 to over 98 million by 2060.
Europe is likely to hold the second position in the global coronary Coronary Angiography Devices market. It is expected that the rising demand for medical diagnostic techniques and increasing prevalence of cardiovascular diseases in this region are likely to drive the market. For instance, according to the European Cardiovascular Diseases Statistics, in 2015, an approximate of 85 million people were living with cardiovascular diseases in Europe and about 49 million people with the disease in the European Union.
Asia Pacific is the fastest growing region in the market owing to the huge patient population with heart diseases and rising geriatric population. For instance, according to the WHO, 2015, Asia’s elderly population is projected to reach nearly 923 million by 2050. Moreover, government participation for improvement of the healthcare sector in India and Japan are likely to contribute to the market growth.
The Middle East and Africa account for the lowest market share in the global coronary Coronary Angiography Devices market. The Middle East holds the major share in the market in this region owing to a well-developed economy, whereas, African region is expected to grow due to the rising awareness about coronary artery diseases.
Global Coronary Angiography Devices – Market Segmentation
Global Coronary Coronary Angiography Devices Market, by Product
- Angiography Systems
- Angiography Catheters
- Angiography Contrast Media
- Vascular Closure Devices (VCDs)
- Angiography Balloons
- Angiography Guidewires
- Angiography Accessories
Global Coronary Coronary Angiography Devices Market, by Devices
- Magnetic Resonance Angiography (MRA)
- Computed Tomography Angiography (CTA)
- Conventional Angiography
- Digital Subtraction Angiography (DSA)
- Catheter angiography
- Coronary angiography
- Others
Global Coronary Coronary Angiography Devices Market, by Procedure
- Coronary Angiography
- Endovascular Angiography
- Peripheral Vascular Angiography
- Other Angiography Procedures
Global Coronary Coronary Angiography Devices Market, by Technology
- X-Ray Angiography
- CT Angiography
- MR Angiography
- Other Angiography Technologies
Global Coronary Coronary Angiography Devices Market, by Indication
- Coronary Artery Disease
- Valvular Heart Disease
- Congenital Heart Disease
- Congestive Heart Failure
- Other Indications
Global Coronary Coronary Angiography Devices Market, by Application
- Diagnostics
- Therapeutics
Global Coronary Coronary Angiography Devices Market, by End-User
- Hospital & Clinics
- Diagnostic and Imaging Centers
- Research Institutes
Global Coronary Coronary Angiography Devices Market, by Region
- Americas
- North America
- U.S.
- Canada
- South America
- Europe
- Western Europe
- Germany
- France
- Italy
- Spain
- U.K.
- Rest of Western Europe
- Eastern Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- Republic of Korea
- Rest of Asia Pacific
- The Middle East & Africa
- Middle East
- Africa
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TOC of Coronary Angiography Devices Market Research Report – Global Forecast to 2023
1. Introduction
2. Research Methodology
3. Market Dynamics
4. Market Factor Analysis
5. Global Coronary Angiography Devices Market, By Product
6. Global Coronary Angiography Devices Market, By Devices
7. Global Coronary Angiography Devices Market, By Procedure
8. Global Coronary Angiography Devices Market, By Technology
9. Global Coronary Coronary Angiography Devices Market, By Indication
10. Global Coronary Coronary Angiography Devices Market, By Application
11. Global Coronary Coronary Angiography Devices Market, By End-User
12. Global Coronary Coronary Angiography Devices Market, By Region
13. Competitive Landscape
14. Company Profile
15. MRFR Conclusion
TOC CONTINUED…
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