The global Cerebral Angiography Market is estimated to be valued at US$ 14.96 Bn in 2023 and is expected to exhibit a CAGR of 6.1% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
Cerebral angiography is a medical imaging technique used to visualize the arteries and veins in the brain and neck. It provides detailed images of blood vessels and helps diagnose conditions such as aneurysms, vascular malformations, thrombosis, stenosis and tumors.
Market key trends:
One of the key trends in the cerebral angiography market is the increasing adoption of cerebral DSA imaging. Cerebral DSA imaging provides high resolution real-time images of blood vessels with minimal risks. It has emerged as a standard tool for evaluating cerebral vascular disease. Advances in flat panel detector technology and development of guide catheters and micro-catheters have further improved the efficacy and safety of cerebral DSA imaging procedures.
Segment Analysis
The cerebral angiography market is segmented into angiography systems, angiography software, and related accessories. Among these, the angiography systems segment dominates the market and held around 60% of the total share in 2023. This segment is dominating as angiography systems are the major diagnostic tools that are used for cerebral angiography procedures.
Key Takeaways
The global Cerebral Angiography Market Growth is expected to witness high growth, exhibiting CAGR of 6.1% over the forecast period, due to increasing prevalence of neurological disorders and rising geriatric population across the globe.
Regional analysis
North America accounted for the largest share of the global cerebral angiography market in 2023 due to the rising healthcare expenditure and increasing neurological disorders in the region. Asia Pacific region is expected to grow at the highest CAGR during the forecast period owing to growing medical tourism, developing healthcare infrastructure and rapidly increasing patient pool in countries such as China, India, and Japan.
Key players
Key players operating in the cerebral angiography market are Siemens Healthineers AG, GE Healthcare, Koninklijke Philips N.V., Canon Medical Systems Corporation, Shimadzu Corporation, Hitachi, Ltd., Carestream Health, Inc., Medtronic plc, Stryker Corporation, Terumo Corporation, Boston Scientific Corporation, AngioDynamics, Inc., Penumbra, Inc., MicroPort Scientific Corporation, Cook Medical LLC.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
Money Singh is a seasoned content writer with over four years of experience in the market research sector. Her expertise spans various industries, including food and beverages, biotechnology, chemicals and materials, defense and aerospace, consumer goods, etc.