Latest Trends and Opportunities in Global Angiography Devices Market
According to a new report published by Reports Monitor titled, “Global Angiography Devices Market, Growth Opportunities, Innovations and Forecast, 2017-2025,”the angiography devices market is growing rapidly from 2017 to 2025.
Angiography devices are use in the cardiovascular diseases to evaluate any anomalies in the blood vessel. Rising number of obese population, changing lifestyle, lack of exercise and habits of smoking or alcohol are result in prevalence of cardiovascular diseases which propels the angiography market. Rising geriatric population and high expenditure on healthcare are fuels the market to expand.
Increasing technological advancement in angiography devices, rapidly acceptation from consumer to utilize devices and government initiative to handle the rising prevalence of the cardiovascular diseases are driving the growth of the market. Stricter regulatory bodies to approve new products, high cost of devices and poor reimbursement are hampering the growth of the market.
This report provides a detailed analysis of angiography devices market, which includes current industry situations such as market size, growth and demands, market outlook, major players with their key strategies such as investment, mergers and acquisitions, value chain analysis and swot analysis. It covers the market canvas and the growth opportunities in the coming years. The report has been made with an in-depth analysis along with important inputs from the various industry experts. The research is carried out with both extensive primary and secondary data sources with bottom-up and top-down approaches.
Segmentation of angiography devices market is majorly focuses on product, application, technology and end user.
Based on product the market is segmented into angiography system, catheters, guide-wires, balloons, contrast media and accessories. Basis of application the market is segmented into diagnostic and therapeutic. Based on technology the market is segmented into X-ray, CT and MRI. While on the basis of end user the market is segmented into hospitals, ambulatory centers and diagnostic centre.
Global Angiography devices market is majorly analyzed across: North America, Europe, Asia Pacific and LAMEA (Latin America, Middle East and Africa). Presence of developed healthcare infrastructure, rapidly replacing older technologies by newer effective devices and increasing patient base suffering from cardiovascular diseases are driving the growth of the market in North America. Increasing population, adaption of sedentary lifestyle, raises healthcare expenditure and growing awareness of available diagnosis & therapeutic application of devices are contributing growth of the angiography devices market in Asia-Pacific region.
Major vendors operating in the global angiography devices market are: Siemens Healthcare, GE Healthcare, Toshiba Medical Systems Corporation, Shimadzu Corporation, Royal Philips Electronics, St. Jude Medical, Inc., Medtronic plc, Cordis Corporation (Johnson & Johnson Company), AngioDynamics and Abbott Vascular (Abbott Laboratories).
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