Global Angiography Devices Market: Growth Prospects until 2021

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Technavio, a tech-focused market research firm, has published a new report on the global angiography devices market, which is expected to grow at a CAGR of close to 6% during the forecast period, 2017-2021.

Based on geographical segmentation, Technavio market researchers categorize the global angiography devices market into the following key regions: the Americas, APAC, and EMEA.

                                                                                           Source: Technavio

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Top three contributors for the global angiography devices market are elaborated below:

Angiography devices market in the Americas: The availability of improved medical infrastructure in the region is the fundamental driving force behind the growth of the global angiography devices market in the Americas. The US and Canada are the key revenue contributing countries in the market.

According to Barath Palada, a lead analyst at Technavio, specializing in research on cardiovascular devices, “Owing to healthcare reforms, manufacturers and healthcare organizations are offering technologies and medical services at an affordable cost without compromising on clinical effectiveness. Such healthcare reforms are likely to propel the adoption of angiography devices in the global market.

Angiography devices market in EMEA: The market for angiography devices in EMEA is projected to experience steady growth during the forecast period. Europe represents the largest market for angioplasty balloon devices in EMEA. Countries such as the UK, France, and Germany are the key revenue contributors in the angiography devices market in EMEA.

Angiography devices market in APAC: The angiography devices market in APAC is anticipated to be the fastest-growing geographical segment of the global market. Countries such as India, China, Thailand, Singapore, and South Korea are hotspots for medical tourism. This has led many vendors to focus on these countries to expand their operations. These countries are rapidly emerging and are likely to dominate the market during the forecast period.

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The leading vendors operating in the global angiography devices market are:

  • Abbott Laboratories
  • Boston Scientific
  • Cardinal Health
  • Medtronic

Other prominent vendors in the market include Abiomed, Aachen Resonance, Acrostak, Advansource Biomaterials, AGA Medical, Allium Medical, Alvimedica Medical devices, AMG International, Angioslide, AngioDynamics, Arstasis, Arthesys, Asahi Intecc, Atrium Medical, AV Medical, B. Braun Melsungen, Beijing Puyishengji Medical Technology, Biophan Technologies, Biosense Webster, Biotronik, BrosMed, Cardiac Science, CardiacAssist, Cardica, Cardio-Flow, Cardionovum, Claret Medical, Contego Medical, Cook, Cryolife, Endocor, Edward Lifesciences, Essential Medical, GaltNeedleTech, Kaneka Medix, InSeal Medical, Innovative Cardiovascular Solutions, JOTEC, Keystone Heart, Lepu Medical Technology, Medinol, Medeon Biodesign, Morris Innovative, Merit Medical Systems, Meril Life Sciences, MicroPort Scientific, Natec Medical, OptiMed, QT Vascular, SHOCKWAVE Medical, Smiths Medical, Spectranetics, STENTYS, Svelte medical, Teleflex, Tokai Medical, Transverse Medical, Transluminal Technologies, US Endovascular, Vascular Closure Systems, Vasorum, Vivasure Medical, and Volcano.

A more detailed analysis is available in the Technavio report titled, ‘Global Angiography Devices Market 2017-2021’. Technavio also customizes reports by other regions and specific segments upon request.

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