Global Angiography Equipment Market Size and Trends
The global angiography equipment market size is expected to reach US$ 17.66 Bn by 2030, from US$ 12.17 Bn in 2023, exhibiting a CAGR of 5.5% during the forecast period.
Global Angiography Equipment Market- Trends
- Increasing demand for minimally invasive procedures: The increasing demand for minimally invasive procedures significantly contributes to the growth of the global angiography equipment market:
- Patient Preferences: Patients often prefer minimally invasive procedures due to the advantages of less post-operative pain, shorter hospital stays, quicker recoveries, and a reduced risk of infection compared to traditional open surgeries.
- Technological Advancements: The development of innovative angiography equipment that allows for more precise and less invasive interventions aligns with the rising demand for minimally invasive procedures.
- Healthcare Costs: Minimally invasive procedures can be cost-effective for healthcare systems, as they typically involve shorter hospitalization periods and lower overall treatment costs.
- Expansion of Applications: Angiography has broadened its scope beyond diagnosis to include therapeutic interventions, such as angioplasty, stenting, and treating aneurysms, which are less invasive than conventional surgeries.