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
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