The growth in this angiography equipment market is attributed to the high prevalence of diseases such as cancer and CVDs, increasing product approvals for advanced angiography techniques in the market, the large number of ongoing research activities, growing government and public-private investments, increasing number of awareness programs, and rising adoption of angiography devices due to a large number of angiography procedures performed across the globe.
Objectives of the Study
- To define, describe, and forecast the global market by product, application, procedure, end user, and region
- To provide detailed information about the factors influencing market growth (drivers, restraints, opportunities, challenges, and trends)
- To analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market
- To analyze market opportunities for stakeholders and provide details of the competitive landscape for market players
- To forecast the size of the angiography equipment market, in four main regions, namely, North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa
- To profile key players in the global market and comprehensively analyze their core competencies and market shares
- To track and analyze competitive developments such as expansions, partnerships, and alliances; mergers and acquisitions; product/technology developments; and research and development activities of the leading players in the angiography equipment market
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The global angiography equipment market is fragmented and highly competitive, it consists of several large to medium-sized companies that compete with each other for increasing their foothold in different segments of the market. The top five players operating in this market include GE Healthcare (US), Koninklijke Philips N.V. (Netherlands), Siemens Healthineers (Germany), Canon Corporation (Japan), Boston Scientific Corporation (US), and Cordis (a Cardinal Health Company, US). Other players in this market include Shimadzu Corporation (Japan), Medtronic (Ireland), Angiodynamics (US), B. Braun Melsungen (Germany), and Abbott Laboratories (US). The market has number of large and medium players operating at both global and regional levels as well. The leading players are continuously developing advanced systems and devices to maintain their shares in the market.
In 2017, Europe dominated the global market. The large share of the European market can be attributed to factors such as the high prevalence of diseases such as cancer and CVD, the faster and easier product approval process in the region, the large number of ongoing research activities, growing government and public-private investments, increasing number of awareness programs, and rising adoption of angiography devices due to a large number of angiography procedures performed in European countries.
Medical Devices Market Research Reports & Consulting
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