Angiography Equipment Market By Product Type (Angiography Systems, Angiography Catheters, Angiography Balloons, Angiography Contrast Media, Vascular Closure Devices, Angiography Guidewires, Accessories); By Technology (X-Ray Angiography, Magnetic Resonance Angiography [MRA], Computed Tomography Angiography [CTA]); By Procedure (Coronary Angiography, Endovascular Angiography, Neuroangiography, Peripheral Angiography, Others); By End User (Hospitals, Diagnostic Centers, Ambulatory Surgical Centers, Academic and Research Institutes); By Application (Diagnostics, Therapeutics); By Geography, Segment Revenue Estimation, Forecast, 2024–2032.

Angiography Equipment Market: Pioneering Precision in Cardiovascular Imaging

The global angiography equipment market was valued at approximately $13.4 billion in 2023 and is projected to grow at a CAGR of 6.3% from 2024 to 2030, reaching an estimated size of $21.6 billion by 2030. The rising prevalence of cardiovascular diseases, advancements in imaging technologies, and growing demand for minimally invasive procedures are key factors driving the market's growth.

 

Angiography equipment, including X-ray, CT, and MRI systems, detects blockages, aneurysms, and vascular malformations. These systems are widely utilized in hospitals, diagnostic centers, and ambulatory surgical facilities for diagnostic and interventional procedures.

 

Angiography Equipment Market Dynamics: Unveiling Trends and Growth Catalysts

Increasing Prevalence of Cardiovascular Diseases (CVDs): The rising incidence of CVDs globally has led to a higher demand for diagnostic procedures like angiography, which is essential for visualizing blood vessels and identifying blockages. In the United States, the Centers for Disease Control and Prevention (CDC) reports that about 697,000 people died from heart disease in 2020, underscoring the need for effective diagnostic tools like angiography equipment.

 

Technological Advancements in Imaging Systems: Continuous innovations in imaging technology, such as developing advanced angiography systems with enhanced image quality and reduced radiation exposure, are propelling market growth. Siemens Healthineers introduced the ARTIS icono biplane angiography system, which offers improved imaging capabilities and is designed to support minimally invasive procedures.

 

Angiography Equipment Market Opportunities: Expanding Horizons in Diagnostic Imaging

Emerging Markets in Asia-Pacific and Latin America: Developing regions are experiencing improvements in healthcare infrastructure and increased healthcare spending, creating significant opportunities for market expansion. In India, government initiatives like the Ayushman Bharat scheme aim to enhance healthcare accessibility, potentially boosting the adoption of advanced diagnostic tools such as angiography equipment.

 

Shift Towards Minimally Invasive Procedures: There is a growing preference for minimally invasive surgeries, which often utilize interventional angiography systems, leading to increased demand for such equipment. Interventional angiography systems are often used in minimally invasive surgeries, such as endovascular procedures, to guide the placement of catheters and other medical devices.

 

Angiography Equipment Market Challenges: Navigating Barriers to Growth

High Cost of Angiography Equipment: The substantial investment required for purchasing and maintaining advanced angiography systems can be a significant barrier, especially for smaller healthcare facilities. Budget constraints may impede the acquisition of state-of-the-art angiography machines in rural healthcare centers in developing countries, affecting the availability of advanced diagnostic services.

 

Radiation Exposure Risks: Concerns about radiation exposure during angiography procedures can limit their use, prompting the need for alternative diagnostic methods or enhanced safety measures. Healthcare providers may opt for non-radiation imaging techniques, such as Magnetic Resonance Angiography (MRA), to mitigate radiation risks, potentially impacting the demand for traditional X-ray-based angiography equipment.

 

Angiography Equipment Market Segmentation: Mapping the Core Components

By Product Type

• Angiography Systems

• Angiography Catheters

• Angiography Balloons

• Angiography Contrast Media

• Vascular Closure Devices

• Angiography Guidewires

• Accessories

 

By Technology

• X-Ray Angiography

• Magnetic Resonance Angiography (MRA)

• Computed Tomography Angiography (CTA)

 

By Procedure

• Coronary Angiography

• Endovascular Angiography

• Neuroangiography

• Peripheral Angiography

• Others

 

By End User

• Hospitals

• Diagnostic Centers

• Ambulatory Surgical Centers

• Academic and Research Institutes

 

By Application

• Diagnostics

• Therapeutics

 

By Region

• North America

• Europe

• Asia-Pacific

• Latin America

• Middle East & Africa

 

Angiography Equipment Market Segment Analysis: Spotlight on Leading Categories

Leading Segment: By Product Type

Angiography systems hold the largest market share, accounting for over 35% of the total market, as they are the cornerstone of diagnostic and therapeutic angiographic procedures. X-ray-based systems like the GE Healthcare Innova IGS 5 are widely used for coronary and peripheral angiography.

 

Leading Segment: By Technology

X-ray angiography dominates with over 50% market share due to its widespread use in diagnostic and interventional procedures, such as coronary angiography. Digital Subtraction Angiography (DSA), a type of X-ray angiography, is extensively employed in vascular imaging.

 

Leading Segment: By Procedure

Coronary angiography is the most frequently performed procedure, holding over 40% of the market share, driven by the rising prevalence of cardiovascular diseases. Over 1 million coronary angiographies are performed annually in the U.S. alone.

 

Leading Segment: By End User

Hospitals dominate, with a share of over 60%, owing to their advanced infrastructure and the availability of multidisciplinary teams for angiographic procedures. Large tertiary care hospitals like Cleveland Clinic frequently perform coronary and neuro angiographies.

 

Leading Segment: By Application

The diagnostic segment holds the largest share, accounting for over 55%, as angiography is primarily used to identify vascular abnormalities and guide treatment decisions. Computed Tomography Angiography (CTA) is commonly employed for diagnostic imaging of coronary arteries.

 

Leading Regions:

North America leads with over 35% market share, driven by high healthcare spending, advanced infrastructure, and the rising prevalence of cardiovascular diseases. The U.S. performs a significant proportion of global angiography procedures, supported by companies like GE Healthcare and Siemens Healthineers.

 

Angiography Equipment Market Key Players: Leaders Driving Innovation

• Siemens Healthineers AG

• GE Healthcare

• Philips Healthcare

• Canon Medical Systems Corporation

• Boston Scientific Corporation

• Medtronic plc

• Shimadzu Corporation

• Abbott Laboratories

• Koninklijke Philips N.V.

• Fujifilm Holdings Corporation

 

Angiography Equipment Market Report Coverage

Report Attribute	Details
Forecast Period	2023 – 2030
Market Size Value in 2023	USD 13.4 billion
Revenue Forecast in 2030	USD 21.6 billion
Overall Growth Rate	CAGR of 6.3%
Base Year for Estimation	2022
Historical Data	2017 – 2021
Unit	USD Billion, CAGR (2023 - 2030)
Segmentation	By Product Type, By Technology, By Procedure, By End User, By Application, By Region
By Product Type	Angiography Systems, Angiography Catheters, Angiography Balloons, Contrast Media, Guidewires, Others
By Technology	X-Ray Angiography, Magnetic Resonance Angiography (MRA), Computed Tomography Angiography (CTA)
By Procedure	Coronary Angiography, Endovascular Angiography, Neuroangiography, Peripheral Angiography, Others
By End User	Hospitals, Diagnostic Centers, Ambulatory Surgical Centers, Academic Institutes
By Application	Diagnostics, Therapeutics
By Region	North America, Europe, Asia-Pacific, Latin America, Middle East & Africa
Country Scope	U.S., Canada, Germany, UK, China, Japan, India, South Korea, Brazil, etc.
Pricing and Purchase Options	Avail customized purchase options to meet your exact research nee

 

Key Strategies:

• Investment in Advanced Technologies: Companies focus on developing advanced angiography systems with enhanced imaging capabilities, reduced radiation exposure, and AI-driven functionalities. Siemens Healthineers introduced the Artis icono biplane, which offers high-resolution imaging for complex neurovascular and cardiac procedures with reduced radiation doses.

• Expansion into Emerging Markets:  Companies are targeting emerging markets, such as Asia-Pacific and Latin America, by introducing cost-effective systems and expanding distribution networks. Philips Healthcare expanded its presence in India by launching affordable angiography solutions tailored to mid-sized hospitals and diagnostic centers.

• Strategic Collaborations and Partnerships: Companies are collaborating with hospitals, diagnostic centers, and research institutions to promote the adoption of advanced angiography systems and expand market reach. GE Healthcare partnered with large hospital networks in North America to deploy its Innova IGS 5 system, ensuring better clinical outcomes and wider adoption.

 

Future Outlook

The angiography equipment market is poised for sustained growth, driven by the rising prevalence of cardiovascular diseases, technological advancements in imaging systems, and the growing adoption of minimally invasive procedures. Advancements in magnetic resonance angiography (MRA) and computed tomography angiography (CTA) will reshape the market, offering safer and more detailed imaging options. Challenges such as high costs and limited access in low-income regions may persist, but increasing governmental and private investments in healthcare infrastructure will mitigate these barriers.