Regional Analysis
Global Angiography Equipment Market- Regional Insights
- North America is expected to be the largest market for angiography equipment during the forecast period, accounting for over 35.7% of the market share in 2023. North America is currently dominating the global angiography equipment market. This region has a strong presence of many top players who are continuously investing in research and development to develop advanced angiography products. The U.S. holds the largest market share in North America due to its advanced healthcare infrastructure and high healthcare spending.
- The region is also an early adopter of new medical technologies, which helps players to test and commercialize new products rapidly. The reimbursement coverage for angiography procedures is comprehensive in the US and Canada, which improves the affordability of treatment and drives the demand for equipment. With a huge patient population suffering from cardiovascular diseases, there is a constant need for new equipment to perform various diagnostic and interventional procedures in the region.
- Asia Pacific is expected to be the second-largest market for angiography equipment, accounting for over 25.2% of the market share in 2023. Asia Pacific region is poised to be the fastest-growing market for angiography equipment globally. This growth can be attributed to increased healthcare investments by governments to expand medical infrastructure. Countries like China, India, Japan, and South Korea are making substantial investments in cutting-edge medical technologies as the need for quality healthcare rises. The patient pool suffering from diabetes and cardiovascular diseases is also rapidly expanding in Asia due to lifestyle changes and an aging population.
- Europe market is expected to be the fastest-growing market for the angiography equipment market, with a share of 19% during the forecast period. The growth of the market in Europe is attributed to the increasing prevalence of cardiovascular disease in the region.
Figure 1. Global Angiography Equipment Market Share (%), By Region, 2023
| Geographies covered: |
- North America: U.S. and Canada
- Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
- Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
- Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
- Middle East: GCC Countries, Israel, and Rest of Middle East
- Africa: South Africa, North Africa, and Central Africa
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U.S.: 
U.K. : 
India : 