Combined Angiography Market: Overview
As per a survey conducted by WHO in 2012, 17.2 million people died due to cardiovascular diseases across the world. To be more precise, 42.2 % of the 17.2 million people were suffering from artery diseases. For timely diagnosis of cardiovascular diseases, medical practitioners have started using angiography as soon as any sign or symptom is exhibited by patients. Also, rising number of such concerns due to inefficacy of predecessor technologies have resulted in technological advancement in the field of angiography. Angiography, Magnetic Resonance Imaging (MRI), and Computed Tomography (CT) are some of advanced techniques for detection of cardiovascular diseases.
The x-ray imaging method helps diagnose any kind of abnormalities in blood vessels. However, with advances in technology, angiography also helps in the treatment of blocked arteries besides diagnosing them.
Earlier, the devices used to diagnose and treat the abnormalities were installed in different treatment chambers. Hence, to move patient from one room to another, usually, consumed more time. To address this, the researchers came with the concept of combined angiography.
Introduction of combined angiography is a leap from conventional treatment style. With its help, diagnosis as well as treatment can be done in the same room. This reduces the overall time taken as well as the space required by the equipment.
The report on combined angiography market provides insights about the technological advancements that tend to drive the market in the forecast period 2016 to 2024. It also focuses on challenges and threats in the expansion of combined angiography market in the duration of forecast period. The market intelligence report also provides information about tactics and strategies of pioneers in the market to diversify their presence in the global combined angiography market.
Combined Angiography Market: Key Trends
Rising incidence of cardiovascular diseases is one of the key factors fueling the demand for combined angiography techniques. In addition, awareness about the disease is also playing major role in expansion of combined angiography market. Medical practitioners are using the equipment on large scale to curb the cause of cardiiovasuclar diseases and artery blockages at initial stage.
On the other hand, high cost and strict regulatory norms set by government bodies in various regions are likely to limit the expansion of combined angiography market.
Combined Angiography Market: Regional Outlook
North America is anticipated to lead the combined angiography market as a result of rising incidence of cardiovascular diseases. Also, increase in the geriatric population adds to the expansion of combined angiography market in the region.
Similarly, Europe is also projected to contribute substantially to the expansion of combined angiography market owing to the prevalence of cardiovascular diseases in the region. The combined angiography market is witnessing high demand for advanced angiography equipment in the region.
Combined Angiography Market: Competitive Analysis
Some of the key players in the combined angiography market are E Healthcare, and Koninklijke Philips N.V., Siemens Healthcare, Boston Scientific Corporation, Carestream Health, Abbott Laboratories, Philips Healthcare, and Cordis Corp.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.