Angiography Imaging Systems Market size was over USD 5.7 billion in 2024 and is anticipated to cross USD 13.41 billion by 2037, growing at more than 6.8% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of angiography imaging systems is assessed at USD 6.34 billion.
The reason behind the growth is impelled by growing cases of cancer & strokes resulting from unhealthy lifestyles with the addition of consumption of junk food and reduced physical activity. This trend is expected to surge the need for angiography imaging systems for timely diagnosis and improved treatment.
On account of population growth and aging, the burden of cancer is projected to increase by more than 27 million new cases and over 16 million cancer deaths globally by 2040.
The spiking cases of tumor-related diseases are believed to fuel market growth. It is one of the major factors for the high utilization rate of angiography systems in the healthcare sector. Angiography imaging systems use electromagnetic radiation diagnosis that is used to inspect blood vessels for the detection of potential tumors or underlying disease, the cardiologist then proceeds with the process of angioplasty.
In the primary central nervous system (CNS), brain tumors make up over 85% of all cases globally.
Growth Drivers
Computed tomography angiography (CT) angiography is a non-invasive angiography procedure that provides detailed images of blood vessels without any insertion of the catheter.
Recent statistics reveal that almost 5% of global healthcare shareholders invested in robotic automation process in 2020, which is predicted to grow to over 50% in 2023.
Challenges
|
Base Year |
2024 |
|
Forecast Year |
2025-2037 |
|
CAGR |
6.8% |
|
Base Year Market Size (2024) |
USD 5.7 billion |
|
Forecast Year Market Size (2037) |
USD 13.41 billion |
|
Regional Scope |
|
Application (Neurology, Cardiology, Oncology, Vascular, Peripheral Intervention)
The cardiology segment is estimated to hold 40% share of the global angiography imaging systems market in the coming years owing to the increasing awareness about timely diagnosis and proper treatment. As a result, more people are seeking medical attention for heart-related issues which has led to an increase in diagnostic procedures including angiography which is used to visualize the inside of blood vessels and organs of the body.
Further, this has increased the demand for angiography imaging systems which are now considered a crucial imaging technique since it provides high-quality images of the heart and blood vessels.
End-User (Hospitals, Laboratories)
The hospital's segment is set to garner a notable share shortly owing to an increasing number of patients visiting hospitals daily. Individuals who are diagnosed with both chronic and acute diseases often visit hospitals, which makes the utilization of angiography imaging systems. Besides this, hospitals are equipped with advanced medical equipment, and medical professionals who have expertise in angiography imaging systems, and advanced angiography imaging systems which enable advanced 3-D imaging with rotational angiography, are also easily available within hospital premises.
Our in-depth analysis of the global market includes the following segments:
|
Product Type |
|
|
Technology |
|
|
Application |
|
|
End-User |
|
North American Market Forecast
North America industry is predicted to hold largest revenue share of 35% by 2037, impelled by the growing geriatric population. This may result in a higher prevalence of coronary artery disorders which is more likely to boost the demand for diagnostic procedures including angiography imaging systems in the region. Besides this, elderly people often require frequent monitoring of their heart health leading to higher demand for diagnostic procedures. By 2060, the number of Americans aged 65 and above is expected to rise to over 92 million.
APAC Market Statistics
The Asia Pacific Angiography Imaging Systems market is estimated to be the second largest, during the forecast timeframe led by a surge in expenditure for the development of advanced medical equipment. APAC is seeing rapid expansion in the medical device industry since the government in countries such as India is investing in start-up industries in the medical devices sector. This has resulted in the introduction of new technologies and features in existing angiography imaging systems to offer enhanced diagnostic and treatment options to healthcare providers in the region.
Author Credits: Radhika Pawar
Copyright © 2024 Research Nester. All Rights Reserved
FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.
Have questions before ordering this report?