Angiography Equipment Market Size, Share, Growth, and Industry Analysis, By Type (X-Ray Angiography, CT Angiography and MR Angiography), By Application (Hospitals and Clinics, Diagnostic and Imaging Centers and Research Institutes), and Regional Insights and Forecast to 2034

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ANGIOGRAPHY EQUIPMENT MARKET OVERVIEW

The global Angiography Equipment Market size is USD 14.33 billion in 2025 and is projected to touch USD 22.68 billion by 2034, exhibiting a CAGR of 5.2% during the forecast period.

Angiography equipment refers to medical diagnostic instruments used for visualizing the interior or lumen of blood vessels and organs of the body. Broadly, there are two types of angiography equipment, namely: angiography X-ray systems and angiography MRI systems. In angiography, MRI systems use magnetic resonance imaging to visualize the blood vessels instead of using X-rays. MRI angiography does not involve the use of ionizing radiation at all as MRI utilizes strong magnetic fields and radio waves for providing detailed pictures of the structure and flow of blood vessels.

The market is expected to grow steadily over five years since the aging population continues to increase, as well as the incidence of cardiovascular diseases. The number of angiographic procedures worldwide to treat coronary artery diseases and strokes is increasing the demand for angiography equipment. Apart from that, the increasing incidence of CVDs and the population increase in age are driving the market. Cardiovascular disease is one of the leading global mortalities causes emerging as a major public health concern across the globe. Because of the increasing risk factors such as hypertension, diabetes, obesity, and lifestyles of sedentary living found in various parts of the world, CVD has become the prime cause of mortality worldwide. Furthermore, developments in technology that have led to newer generations of less invasive angiography systems should further induce future expansion of the market.

GLOBAL CRISIS IMPACTING ANGIOGRAPHY EQUIPMENT MARKET

Pandemic Caused Low Demand with Shifted Focus Towards Emergencies and COVID Patients

The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden market growth reflected by the rise in CAGR is attributable to the market’s growth and demand returning to pre-pandemic levels.

Elective cardiac and peripheral vascular procedures were deferred; cath labs were running at very minimal capacity. New room installs and upgrades were deferred as hospitals reallocated capital to ICU, ventilators, and infection control. Many clinical studies and in-person evaluations have also slipped, delaying some platform rollouts and software options. China and some parts of APAC first recovered, followed by Europe/US rebounding straight through 2021, while India and LATAM have staggered returns into 2021 because of later waves.

LATEST TRENDS

Emerging Public Awareness About the Early Detection to Groove Up the Market Growth

Emerging public awareness about the benefits of timely diagnosis serves as a significant factor propelling global angiography equipment market growth. When the general and medical communities are sensitized on the importance of early detection of cardiovascular diseases, far better outcomes could result. Such awareness prompts more people to seek screening for possible problems which then translates into a higher incidence of angiographic use for early diagnosis. The significance of early diagnosis is also championed by governments and health systems since it often proves to be beneficial in reducing long-term costs related to healthcare by truly preventing disease progression. This economic bottom line is, therefore, an important reason for investing in and developing angiography technologies. Health campaigns and educational programs that advocate for the early detection of cardiac diseases through angiography equipment galvanize public interest in undertaking preventive tests. The health systems might roll out extensive screening programs for cardiovascular diseases centered on the angiography equipment, thereby correspondingly increasing the demand for the equipment.

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ANGIOGRAPHY EQUIPMENT MARKET SEGMENTATION

By Type

On the differential basis of type, the market is sectioned X-Ray Angiography, CT Angiography and MR Angiography.

• X-Ray Angiography: It faced the sharpest decline among the three types since these are invasive, hospital-based procedures, mostly elective or semi-elective (PCI, peripheral vascular, neuro-interventions).

• CT Angiography: It was not as much affected compared to X-ray angiography, since CTA is a non-invasive and most often conducted in radiology instead of cath labs.

• MR Angiography: There was a decline mostly because of deferral of procedures like neurovascular and peripheral vascular examinations and very lengthy MRI exams, causing challenges in infection-control measures during the pandemic.

By Application

On the differential basis of application bifurcation, the market is fragmented into hospitals and clinics, diagnostic and imaging centers and research institutes.

• Hospitals and Clinics: It was the worst hit segment as hospitals postponed elective and non-urgent cardiovascular and neurovascular procedures. Angiography installations, upgrades, cath labs, hybrid ORs, and ICUs were converted for COVID care.

• Diagnostics and Imaging Centers: It was, however, less severely affected compared to hospitals, especially for CT Angiography (non-invasive, quick throughput). Most standalone centers remained operational during lockdowns for urgent diagnostic needs.

• Research Institute: Research slowed considerably since labs closed during the first half of 2020, and non-COVID trials halted with funding reallocated into pandemic-related projects. Clinical studies regarding newer angiography technologies such as AI, advanced contrast agents, and new MR protocols were delayed.

MARKET DYNAMICS

Market dynamics include driving and restraining factors, opportunities and challenges stating the market conditions.

Driving Factors

Growing Demand for Interventional Angiography Systems to Multiply the Product Sales

Minimally invasive procedures have become more cost-effective and faster than conventional form of surgery. These surgical procedures have increased the margin of safety for patients, reduced scarring, allowed for quick recovery, and reduced the time spent at the hospital. As for angiography, minimally invasive procedures are regarded as a good option as angiograms taken at diagnosis provide a precise, clear, correct, and detailed picture of a patient's heart blood vessels, doing away with the need for cost-intensive invasive procedures. As a result, more and more medical professionals on account of the clinical advantage and cost benefits are adopting minimally invasive surgical procedures in preference to conventional open procedures; this, in turn, is affecting other positive factors of angiography devices market growth.

Increased Risk of Cardiovascular Diseases to Incubate the Market Demand Globally

The increased prevalence of cardiovascular diseases across the globe is expected to be a major factor driving the angiography equipment market. Cardiovascular diseases, which include coronary artery diseases, cerebrovascular diseases, and peripheral artery diseases, are on the rise for alarming reasons. These diseases are, in fact, among the leading causes of mortality worldwide. With the rising burden of cardiovascular diseases, the demand for diagnostic procedures and treatment options for these diseases has also amplified. Angiography gives detailed functional and morphological information about the arteries and blood vessels and plays a significant role in the diagnosis and assessment of numerous cardiovascular diseases. The growing prevalence of diseases has resulted in an increasing number of angiography procedures being performed each year on a global scale.

Restraining Factor

Risk of Radiation Exposure to Set Aback the Market Growth

The radiation risk associated with possible skin, eye, and even DNA injuries is a major limiting factor for this market. According to the Robert Sauvé Research Institute in Occupational Health and Safety (Institut de Recherche Robert-Sauvé en santé et en sécurité du travail) (IRSST) (Canada) report, in 2017, 3-10% of all new cancer cases were either directly or indirectly associated with workplace exposure. This accounts for nearly 1,500 to 4,900 new cases of occupational cancer in Quebec, Canada. Radiation exposure from medical sources was estimated by the National Council on Radiation Protection and Measurements in the US to have increased from 15% in the early 1980s to around 50% by 2016 in the US. The majority of medical radiation exposure in the US is attributed to CT imaging. The National Cancer Institute reports that in 2016, CT scans alone accounted for roughly 24% of the diagnostic radiological procedures performed in major hospitals in the US. The increased risks of radiation to refrain the Angiography Equipment market growth to show profitable outcomes.

Rise in the Geriatric Population has Triggered Up the Market Growth

Opportunity

Population aging is yet another major drive behind the global angiography equipment market growth for multiple reasons. Older people possess an increased risk of cardiovascular disease (CVD), owing to age-related changes in heart and blood vessels. With advancing age in the population, CVD incidence increases, spurring demand for diagnostic and therapeutic angiography procedures. There are very high chances that elderly people will require diagnostic tests such as angiograms for the detection of heart ailments, blockage, and other vascular diseases.

This, therefore, increases the use of angiography equipment by such an elderly population. An aging population generally indicates a heightened occurrence of chronic pathologies requiring sustainable monitoring and treatment, for which angiography remains a primary diagnostic tool.

Higher Cost of the Treatment and Procedure to Pose Challenges in the Market Growth

Challenge

Angiography equipment is costly and could therefore create barrier to the growth of the global angiography equipment market. Due to very high cost of angiography equipment, hospitals and clinics face a big capital expenditure that would limit their overall budget and delay any decision to purchase.

High cost of angiography equipment will be one of the reasons that there are less available resources in these countries or areas, whereby countries with less developed resources will pass on that same disadvantage to its citizens regarding being able to afford such advanced equipment. If instead, these systems were more readily available for all the possible clients, then patients, along with insurance companies, would be required to assess the appropriateness of these high-cost procedures, thereby affecting their acceptance rates.

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ANGIOGRAPHY EQUIPMENT MARKET REGIONAL INSIGHTS

• North America

In terms of North America, the biggest market for angiography equipment had a share of 33.0% and was mainly attributed to advanced healthcare infrastructures, high healthcare amounts, and the presence of leading manufacturers in the medical field and other pharmaceutical companies. The region's setting for research and development and higher factor rates of innovative medical technology further drives growth. In 2024, the U.S. accounted for the largest North American share of the angiography equipment industry. The U.S. is leading in medical and healthcare sectors through huge investments in healthcare R&D and because of a strong regulatory framework and major healthcare institutions.

• Asia Pacific

Asia-Pacific grows most rapidly in the healthcare sector. Indeed, large and diverse populations are accompanied by improving healthcare infrastructure and government spending on healthcare. Increase of chronic diseases coupled by growing middle-class citizens, together with government initiatives to improve access to healthcare, are contributing to developing sectors in the medical market, especially in China, Japan, and India. In November 2024, the Angiography Centre at the National University Heart Centre, Singapore (NUHCS), resumed operations with a revamped reception area that offers more seating. The updated facility includes state-of-the-art imaging and diagnostic equipment as well as improved patient recovery space. The China angiography equipment market is anticipated to grow over the forecast period. Because of its massive population, growing industry in healthcare, and huge investment by government into reform in healthcare, China dominates over the Asia-Pacific region.

• Europe

It was projected that the market for angiography equipment in Europe will develop significantly within the forecast period. The well-furnished healthcare systems in Europe make this region with government-funded healthcare models and a strong emphasis on innovation in medical technology highly dominant. Germany, France, and the UK all invest highly in healthcare infrastructure, supporting public and private growth. The UK angiography equipment market is supposed to grow during the forecast period. The NHS is strong, thus widening access in the UK to new medical technologies. This together with focus on medical research and development within the country and partnership of public institutions and private companies promote the uptake of innovative treatments.

KEY INDUSTRY PLAYERS

Major Market Players Embrace Procurement Techniques to Remain Competitive

Market players are locked in in intense competition utilizing procedures such as item development, quality upgrade, competitive estimating, and successful branding. With shoppers progressively favoring economical items, these players are emphasizing the utilize of common and eco-friendly materials such as cotton and bamboo. They are particularly centering on propelling modern items custom fitted for unmistakable applications, tending to the different requests within the market. Moreover, there's a solid accentuation on improving delicateness and generally item quality.

A few market players are endeavoring to convey a sumptuous encounter through predominant plans and quality. Competitive techniques incorporate cost wars, advancements, and collaborations with retailers, all of which play significant parts in their market situating. Online nearness and client surveys hold expanding impact over customer choices. The market competition is multi-faceted, including item separation and key market situating. 

List Of Companies Profiled

• GE Healthcare (U.S.)
• Siemens (Germany)
• Philips (Netherlands)
• Shimadzu (Japan)
• Terumo (Japan)
• Abbott (U.S.)
• Boston Scientific (U.S.)
• Medtronic (U.S.)
• Canon Medical Systems (Japan)
• Cardinal Health (U.S.)
• Braun (Germany)
• Angiodynamics (U.S.).

KEY INDUSTRY DEVELOPMENTS

• October 2024: Shimadzu Corporation has introduced a voice-recognition capability called SMART Voice that is intended to be for the Trinias angiography systems in an endeavor to enhance efficiency and lessen the workload among healthcare professionals. Subsequently, the technology will be demonstrated in the upcoming events in Kobe, Washington D.C., and the RSNA exhibition held in Chicago, increasing the catheterization procedures without removing the affected area from view.

REPORT COVERAGE

The market is characterized by seriously competition, with various players competing for showcase share. The competitive scene incorporates a blend of built-up companies and rising new companies, each advertising a run of instruments with shifting highlights and capabilities. The showcase is driven by development, with companies ceaselessly improving their items to supply way better client involvement, more precise approval, and integration with other advancement apparatuses. The competitive competition is assisted escalates by the presence of both free and paid apparatuses, catering to distinctive fragments of clients.