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As per changing consumer buying behavior, motorcycle suspension system is gaining stature as a key performance indicator in motorcycles. The growth of the motorcycle suspension system market is directly related to the production and on-road fleet of two wheelers. Motorcycle suspension system market is anticipated to reach ~US$ 2,381.6 Mn by the end of 2029 and is expected to grow at ~4.7% CAGR in the forecast period of 2022-2029. Rising usage of motorcycles for recreational purposes is resulting in increasing demand for shock absorbers for long-distance touring.

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Motorcycle Suspension System Market​ Key Takeaways

• Establishing long-standing direct sales-supply agreements with automotive OEMs is a key winning strategy for market participants in the motorcycle suspension system market.
• A suspension system is one of the few noticeable components and is now gradually turning out to be among the deciding factors while purchasing a motorcycle.
• Suspension systems these days are being marketed as USPs of vehicles during new launches and advertisements by key players.
• Increasing recreational activities, including off-road biking, are an unevolved opportunity for market players to launch specific suspension systems to gain competitive advantages.
• Rising traffic congestion is an inescapable condition resulting in lengthy commutation time. This, in turn, is a key factor responsible for the inclination of customers towards motorcycles and is expected to subsequently contribute to the growth of the motorcycle suspension system market in the coming years.
• In the current scenario, scooters are trending as compared to conventional motorcycles, owing to their easy handling, good stability, and low price range. Scooters are being preferred by all age groups, especially aged citizens, teenagers, and females.
• Passive motorcycle suspension system technology is anticipated to remain popular across the globe in the motorcycle suspension system market.

New players at global and regional levels can reap rich benefits by focusing on replacement and aftermarket sales, riding on the new trend of retrofitting and customizing motorcycles.

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Motorcycle Suspension System Market: Segmentation

The global motorcycle suspension system market is segmented in detail to cover every aspect of the market and present complete market intelligence to the reader.

Product

• Front Suspension
  • Telescopic Fork
  • Others
• Rear Suspension
  • Dual Shocks
  • Mono Shocks
  • Others

Sales Channel

• OEMs
• Aftermarket

Technology

• Passive
• Active/Semi-active

Motorcycle

• Standard
• Cruiser
• Sports
• Scooter
• Mopeds
• Others

Region

• North America
• Latin America
• Western Europe
• Eastern Europe
• Asia Pacific Excl. Japan
• Japan
• Middle East & Africa

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ASEAN Countries Emerging as Growth Hub for Market Players

The motorcycle suspension system market is fairly consolidated, with key market players such as Gabriel India Limited, ZF Friedrichshafen AG, Showa Corporation, KYB Corporation, and BMW Group accounting for significant share of the total market value. The participation of local companies carrying technical licensing agreements with foreign brands has substantially contributed to the development of the motorcycle production and assembly market in ASEAN countries.

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According to ESOMAR-certified Future Market Insights’ (FMI), the spark plug market will register positive growth with the overall valuation forecast to surpass US$ 3.20 Bn in 2021. The market’s worth will increase at a compound annual growth rate (CAGR) of 4.5% between 2021 and 2031.

Market players are investing towards developing spark plugs which offer long life and better electrical energy conductivity. With the launch of next gen engines, the demand for high performance spark plug will increase in upcoming years.

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These next-gen engines are compact and require special type of ignition system, leading to innovation in spark plug technology. Market players are experimenting with various materials and making design modifications to meet the requirements.

According to the report by Future Market Insights, increasing automotive production and export will make Europe one of the leading spark plug markets. Spurred by this, the Europe spark plug worth is projected to thrive at a CAGR of 4% during the forecast period.

The development of long and thin spark plugs that can be attached in a small headspace of engine will drive the spark plug market demand. As there is no application of spark plug in electric vehicles and e-bikes, a slump in spark plug market demand can be expected in upcoming years.

Constant fluctuation in fuel prices and increasing awareness regarding reducing air pollution will promote the adoption of electric vehicles, which will directly hinder the spark plug market demand.

As there is no application of spark plug in electric vehicles and e-bikes, a slump in spark plug market demand can be expected in upcoming years. Constant fluctuation in fuel prices and increasing awareness towards reducing air pollution will promote the adoption of electric vehicles which will directly hinder the spark plug market demand.

Global sales are expected to rise in 2021 after a period tepid growth in 2020. Nonetheless, FMI presents a positive growth outlook for the market.

Key Takeaways from FMI’s Spark plug Market Study

• The U.S will continue to offer lucrative growth opportunities in spark plug market owing to presence of engine and transmission manufacturing companies and high production of passenger car in the country.
• Rapid economic growth and rising export of automobiles across the globe will drive the spark plug market growth in China.
• Rapid advancement in the commercial vehicle and aerospace segment along with implementation of stringent regulations such as EURO VI norms, to reduce carbon emission will boost the spark plug market growth in the U.K. during the forecast period.
• Increasing production of passenger vehicles and increasing per capita income of Indian population, coupled with strict government regulations, will bode well for the spark plug market growth in India.
• The demand for spark plus is expected to growth at a healthy rate in the automotive sector owing to strict government emission norms and increasing demand for fuel efficient vehicles.
• The demand for cold spark plugs is expected to grow substantially during the forecast period as their firing end takes time to heat and provides faster rate of heat transfer as compared to other types of spark plugs.
• An increase in demand for iridium spark plug is anticipated especially from marine sector as iridium spark plug facilitates optimum power and combustion leading to improved engine performance.

“Increasing research and development aimed at developing new and compact gasoline engines to curb fuel consumption and produce vehicles in compliance with emission-control norms will create growth opportunities for spark plug market,” says the FMI analyst.

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Competitive Landscape

Spark plug market is highly competitive market owing to presence of multiple market players. Companies operating in this market are employing organic as well as inorganic marketing techniques to expand their global outreach.

Their primary goal is to develop innovative products and improve value chain. Manufacturers are also participating in strategic collaboration with rival companies especially to strengthen their research and development activities.

For instance, Weichai Power Co. Ltd. is a Chinese spark plug manufacturer which sells it under the brand name of “Zhuzhou Torch Spark Plug Co.,Ltd. (ZTSP)” offers spark plugs for motorcycle and small gasoline engines.

Prominent players operating in the spark plug market are NGK Spark Plug Co. Ltd., Robert Bosch, Denso Corp., Tenneco Inc., and Valeo among others.

Key Segments Covered in Spark plug Market Study

By Sales Channel:

• OEM
• Aftermarket

By Material Type:

• Iridium
• Platinum
• Nickel
• Others

 By End Use:

• Automotive
  • Two Wheelers
  • Passenger Cars
  • LCV
  • HCV
• Marine
• Aerospace
• Industrial

By Product Type:

• Hot Spark Plug
• Cold Spark Plug

By Region:

• North America
• Latin America
• Western Europe
• Eastern Europe
• South East Asia & Pacific
• China
• India
• Middle East and Africa
• Japan

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Key Points Covered in Spark Plug Market Study

• Market estimates and forecast 2021 – 2031
• Key drivers and restrains impacting market growth
• Segment-wise, Country-wise, and Region-wise Analysis
• Competitive Mapping and Benchmarking
• Brand share and Market Share Analysis
• Key Product Innovations and Regulatory Climate
• COVID-19 Impact On Spark plug Market
• Recommendation on Key Winning Strategies

About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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The lightning strike is frequent on an aircraft and it is estimated that on average, lightning strikes occur every 1,000 hours of flight time of the commercial aircraft making aircraft lightning protection of a critical importance. When the lightning strike happens, lightning attaches itself to edges, such as the wing-tip or edge of the wing, travels along the outer body of the aircraft, nose and continues on to hit the ground. In a single lightning strike, Up to 1 million volts of current can be delivered.

The damage imposed by lighting may vary depending on the duration of the lightning strike, amount of lightning energy dissipated by the aircraft body and the lightning attachment and exit sites on the aircraft. Lightning strikes can affect aircraft operations and can also cause service interruption and costly delays, to avoid these issues aircraft lightning protection is being used to reduce the significance of the strike.

The outer body of most of the aircraft is made of aluminium, being a very good conductor of electricity it provides the safe passage from point of impact to another point without interruption and connection from the interior of the plane. The aircraft lightning protection protects the aircraft from lightening by the preventive measure such as lightning detection & warning as well as neutralizing measure such as grounding the lightning to the rest of the aeroplane, after the lightning strike.

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Aircraft Lightning Protection Market: Regional Outlook

Europe, followed by North America holds a major share in the global aircraft lightning protection market, owing to the presence of original equipment manufacturer (OEM) of aircraft in the region. Europe, North America and Latin America are expected to hold more than half of the market share of the global aircraft lightning protection market. Asia Pacific region is projected to show high growth in the aircraft lightning protection market, owing to initiatives taken by the government to increase manufacturing in the emerging economies such as China, India, and South Korea. Rest of the world is estimated to account for a relatively small share of the aircraft lightning protection market.

Aircraft Lightning Protection Market: Market Participants

Some of the examples of the market participants operating across the value chain of the global aircraft lightning protection market are:

• Parker Hannifin Corp
• Cobham plc
• Astroseal Products Manufacturing Corporation
• DAYTON-GRANGER, INC. (DG)
• Saab AB
• NTS Pittsfield
• Dexmet Corporation
• Pinnacle Lightning Protection, LLC
• Honeywell International Inc
• L3 Technologies, Inc.

The report covers exhaustive analysis on:

• Market Segments
• Market Dynamics
• Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies involved
• Technology
• Value Chain

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Regional analysis includes:

• North America (U.S., Canada)
• Latin America (Mexico, Brazil)
• Western Europe (Germany, Italy, France, U.K, Spain)
• Eastern Europe (Poland, Russia)
• Asia Pacific (China, India, ASEAN, Australia & New Zealand)
• Japan
• Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

According to a recent report by the ESOMAR-certified company Future Market Insights (FMI), the global market for automotive turbochargers will reach US$ 9.6 billion in 2021 and increase rapidly between 2021 and 2031 at a CAGR of 8.8%.

Positive growth possibilities are anticipated as sales of automobile turbochargers expand by more than 6.5% annually in 2021. About 85% of the market share is held by the top players, which include Garrett Motion (Formerly Honeywell), BorgWarner, IHI, and Mitsubishi Heavy Industries.

Global automotive turbocharger market growth is primarily being driven by countries’ more stringent regulations to reduce harmful greenhouse gas emissions, as well as rising customer demand for high-performance passenger automobiles.

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E-turbochargers are gaining traction in the automotive industry, thereby encouraging manufacturers to focus on product development and innovations regarding e-turbochargers for their incorporation in hybrid vehicles, which is driving the market growth.

Additionally, increasing adoption of electric and hybrid vehicles in developed countries such as the U.S., the U.K., and Germany, along with growing applications of variable geometry technology in turbochargers is promoting sales in the market.

In developing countries such as China, India, South Korea, and Brazil, automotive turbochargers market growth can be attributed to growing consumer preference for high-performance and fuel-efficient passenger cars, creating lucrative opportunities for leading manufacturers in the market.

Key Takeaways from FMI’s Automotive Turbochargers Market Study

• In terms of product type, variable geometry technology will remain dominant over the forecast period.
• Passenger cars will lead the vehicle type segment, accounting for 3/5^th of the total sales.
• The U.S. is anticipated to remain the largest market for automotive turbochargers sales.
• China will emerge as a lucrative market, owing to tough emission control regulations.
• Germany will lead the expansion of automotive turbochargers market in Europe throughout the assessment period.
• South Korea and Japan will account for 6% of the total automotive turbochargers market share.

“Technological advancements in automotive turbochargers that support fuel efficiency and optimal performance, coupled with increasing automotive sales will broaden growth prospects for players operating in the market,” says the FMI analyst.

Competitive Landscape

Garret Advancing Motion (formerly Honeywell), BorgWarner Inc., IHI Corporation, Cummins Inc., Bosch Mahle Turbo Systems GmbH & Co, Eaton Corporation plc, Weifang FuYuan Turbochargers Co., Ltd., Mitsubishi Heavy Industries, Continental AG, and Toyota Industries Corporation are some leading manufacturers operating in the automotive turbochargers market.

As per FMI’s analysis, the global automotive turbochargers market is dominated by top 5 players, including Garret Advancing Motion (formerly Honeywell), BorgWarner Inc., IHI Corporation, Mitsubishi Heavy Industries, and Cummins Inc., accounting for nearly 85% of the market share.

Key players are striving to strengthen their foothold in the market by emphasizing on various inorganic strategies that include site expansion, new product launches, increased research and development, and strategic collaborations. For instance:

• In May 2021, BorgWarner entered into a global agreement to supply its electronic turbochargers to OEMs for hybrid electric vehicles. This agreement will provide a significant boost to ongoing research and development in the automotive turbochargers market.
• In June 2021, Cummins Inc announced the expansion of its production facility to two new locations in North Carolina and South Carolina which is expected to be completed by the end of 2021. The expansion will allow the company to remanufacture and develop new turbocharger products, improving cost competitiveness simultaneously.

More Insights on the Automotive Turbochargers Market

In its latest report, FMI offers an unbiased analysis of the global automotive turbochargers market, providing historical data for the period of 2016-2020 and forecast statistics for the period of 2021-2031. In order to understand the global market potential, its growth, and scope, the market is segmented on the basis of fuel type (gasoline and diesel), vehicle type (passenger car, LCV, HCV, agricultural machinery, and construction machinery), product type (wastegate, variable-geometry technology and twin-turbo), sales channel (OEMs and aftermarket), actuator type (hydraulic, pneumonic and electric) and across seven regions. (North America, Latin America, Eastern Europe, Western Europe, Asia Pacific excluding Japan (APEJ), Japan, and Middle East & Africa).

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Automotive Turbochargers Market by Category

By Vehicle Type:

• Passenger Car
• LCV
• HCV
• Agricultural Machinery
• Construction Machinery

By Product Type:

• Wastegate
• Variable-geometry Technology
• Twin Turbo

By Fuel Type:

• Gasoline
• Diesel

By Sales Channel:

• OEM
• Aftermarket

By Actuators:

• Hydraulic
• Pneumatic
• Electric

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Key Points Covered in Automotive Turbochargers Market Survey

• Market estimates and forecast 2021-2031
• Key drivers and restraints impacting market growth
• Segment-wise, Country-wise, and Region-wise Analysis
• Competition Mapping and Benchmarking
• Brand share and Market Share Analysis
• Key Product Innovations and Regulatory Climate
• COVID-19 Impact on Automotive Turbochargers Market and how to Navigate
• Recommendation on Key Winning Strategies

About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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A latest research study published by Future Market Insights (FMI) projects the global competent cells market to register an impressive 8.1% CAGR throughout the forecast period 2017 to 2022. The global market for competent cells is estimated to exceed US$ 2,000 Mn in revenues by 2022-end.

Competent Cells Available in the Market in Ready-to-use Formats

Preparations of competent cells, along with other methods of transformation, have been continuously improvised, since the development of E. coli’s artificial transformation with the help of electroporation and chemicals. Currently, various competent cells are available in the market in ready-to-use formats for propagating cloned plasmids in the experiments of molecular biology. These competent cells are prepared for different transformation procedures, genotypes, packaging, and transformation efficiencies.

[306 Pages Report] The global antisense oligonucleotides market is projected to amass revenue of around US$ 5,659.2 million by 2032, up from US$ 1,921.6 million in 2022 moving forward with a CAGR of 10.3% during the forecast period.

Antisense Oligonucleotides market players – Ionis Pharmaceuticals, Inc., Sarepta Therapeutics, Biogen, Alnylam Pharmaceuticals, Inc., Antisense Therapeutics Limited among others represent the global Antisense Oligonucleotides market. The market study depicts an extensive analysis of all the players running in the Antisense Oligonucleotides market report based on distribution channels, local network, innovative launches, industrial penetration, production methods, and revenue generation. Further, the market strategies and mergers & acquisitions associated with the players are enclosed in the Antisense Oligonucleotides market report.

Future Market Insights, in its latest business report, elaborates on the current situation of the global Antisense Oligonucleotides market in terms of volume, value, production, and consumption. The report scrutinizes the market into various segments, end uses, regions, and players on the basis of demand patterns, and future prospects.

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On the basis of Application, the global Antisense Oligonucleotides market study contains:

• Basic Research
• Genomics
• Target Validation
• Drug Discovery

On the basis of indication, the global Antisense Oligonucleotides market report covers the key segments, such as

• Ocular Diseases
• Cancer
• Diabetes
• Amyotrophic Lateral Sclerosis (ALS)
• Duchenne Muscular Dystrophy
• Spinal Muscular Atrophy
• Others

What key insights does the Antisense Oligonucleotides market research provide?

• Historical and current year revenue of related Antisense Oligonucleotides market players analyzed at the regional level.
• One by one company profile of prominent stakeholders.
• Analysis of the Antisense Oligonucleotides market size on the basis of product type and end-use type.
• Accurate Antisense Oligonucleotides market forecast in terms of value and volume in numbers and percentages.
• Demand prospect of each segment covered in the report.

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The Antisense Oligonucleotides market research gets rid of the following queries:

1. How the market for Antisense Oligonucleotidess is expected to shape in the coming ten years?
2. What strategies are the Antisense Oligonucleotides market vendors implementing to stay ahead of their rivals?
3. Why are consumers shifting towards alternative Antisense Oligonucleotides products?
4. What innovative technologies are the Antisense Oligonucleotides players using to get an edge over their rivals?
5. What are the restraints affecting the growth of the global Antisense Oligonucleotides market?

The Antisense Oligonucleotides market study considers the following years to project the overall market growth:

• History Year: 2014 – 2018
• Base Year: 2018
• Estimated Year: 2019
• Forecast Year: 2019 – 2029

Why choose Future Market Insights?

• Modern technologies, such as artificial intelligence, to provide updated industry trends.
• Data collection from implementation vendors, service providers, and raw material suppliers to provide a clear perspective.
• Interaction with research scientists and development heads to understand the nature of the market more precisely.
• Three-step quality check process – Data collection, triangulation, and validation.
• 24/7 availability of services.

About FMI:

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Global Preventive Medicine market is highly fragmented because of existence of multiple members providing these services. Most of the providers are clinical organizations, private groups that work in association with corporates/employers.

Preventive Medicine is a type of medical practice based on the principle of prevention is better than treatment. It covers all the measures taken for prevention of the disease and opposes treatment. Preventive medicine can reduce the incidence of non-communicable diseases such as cancer, cardiovascular diseases and diabetes.

According to a published article, around 70% of deaths in the USA are due to cancer, cardiovascular diseases and diabetes, which lead to 75% of health disbursement of USA. The classical example of preventive medicine is immunization of little ones through vaccination, which reduces the financial burden over the economy of any country by saving a humungous number of children, teenagers and adults from several life threatening diseases.

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Other examples include cancer screenings for ovarian cancer, testicular cancer and prostate cancer via PSA tests. Routine use of Aspirin in cardiovascular patients, using seat belts and wearing helmets while driving to protect oneself from traumatic injuries and using protective sports accessories while playing are also examples of preventive medicine.

Biostatistics and epidemiology are important part of preventive medicine. Osteopathy doctors and medical doctors are specialized preventive medicine doctors.

Preventive Medicine Market: Drivers and Restraints

The key contributor to the growth of global Preventive Medicine market is rising prices of medicines, medical devices, medical treatments and surgical procedures. The pharmaceutical companies are taking more and more interest in preventive medicine as they are facing issues with the conventional pharma model, which is neither profitable nor fulfilling the demands.

Hence the pharma industry has identified a sustainable model in preventive medicine. This has remarkably contributed towards the market growth. Reforming awareness of people along with increasing reach of education has also added value to the market growth.

However, the success of the preventive medicine requires a huge coalition of pharma industry including big players and start-ups with corporate organizations and universities/academic institutions, which is rare. This is the major setback for preventive medicine market. Absence of stark evidences citing preventive medicine is a significant methodology to protect one from diseases may also limit the growth.

Another factor limiting growth is that prevention medicine’s potential to limit the health care expenditure has not yet realized on a large scale because the return on investment has never been communicated, keeping people’s interest in this field at bay.

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Preventive Medicine Market: Region-wise Outlook

Geographically, Preventive Medicine Market  is segmented into regions viz. North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific excluding Japan, Japan, Middle East and Africa. North America is lagging behind other countries as far as preventive medicine market is concerned because of lack of interest of people.

According to a journal, Health Affairs, USA will save only 0.2% of healthcare disbursement even when 90% of the population use preventive services. Few other studies have also indicated that preventive measures do not lower the risk of serious illness or premature death.

European preventive market is growing well because of successes of the risk factor epidemiology in the region, which has led to the enactment of a wide-range of preventive measures, such as legislative policies to limit tobacco advertising and smoking in public places, health education for obesity, community promotional events for high blood pressure monitoring etc.

Some European countries have been conducting campaigns to reduce cardiovascular diseases burden and their dreadful outcomes. Asia may register a rapid growth in the market based on a huge population that have keen faith in preventive medicine, but lack of awareness may equally impact the market. Rise in numbers of private organizations managing public hospitals and health insurance will boost the market growth in China and India.

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Preventive Medicine Market: Key Players

The key players in the global Preventive Medicine Market include Novo Nordisk, Eli Lilly, Quanterix, Aetna Inc., Preventive Medical Health Care Co., LTD., Cancer Prevention Pharmaceuticals, Inc., Phoenix Medicine, American College of Preventive Medicine and U.S. Preventive Medicine.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types, technology and applications.

The report covers exhaustive analysis on

Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain

About FMI:

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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[297 Pages Report] In 2022, the global angiography devices market is expected to be worth $12,116.7 million. The expanding scope of application and technological innovation are expected to be the primary growth drivers in the market. Overall angiography device sales are expected to grow at a 6.2% CAGR between 2022 and 2032, totaling around US$ 22,112 million by the end of 2032.

Angiography is an imaging procedure which provides visualization of blood vessel to detect narrow, blocked, enlarged arteries or veins in the body. Local or general anesthesia has been given to the patient during angiography procedure. This procedure uses various imaging technologies such as, Magnetic Resonance Imaging, Computed Tomography, X-ray and others. The superior quality of angiography imaging over conventional techniques is increasing the adoption of angiography devices especially for heart related disorders.

The MRI and CT angiography devices would be the most prominent products in this market owing to its efficacy, minimal side effects and short duration in terms of outcome. Commercialization of high end imaging technologies and increasing affordability of patients has increases the scope of hybrid angiography devices, in developed region. The demand for angiography devices in developing region would get reduced owing to its relatively saturated market situation. This market would be further driven by replacement of old devices.

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Angiography Devices Market: Overview

By device, the angiography device market was dominated by more advanced technologies such as MRI and CT, owing to their high efficiency over conventional technologies. Recently launched, Real-time 3D echocardiography by Siemens Healthcare is one of the key development in angiography devices market, which is used to diagnose various heart and coronary conditions. By procedure, coronary angiography and pulmonary angiography are the dominating procedure, owing to its high prevalence. By end-users, hospitals and surgical centers hold promising share, followed by diagnostic centers. This is due to premium pricing of angiography devices, which is unaffordable for the medium scale diagnostic centers. By disease indication, Coronary Artery Disease (CAD) is the leading segment due to its high incidence and absence of alternative diagnostic technique.

Angiography Devices Market: Drivers and Restraints

Increasing CVD incidences, growing number of geriatric population, dysfunctional lifestyle, growing demand for sophistication diagnostic procedures are driving the growth of angiography devices market, globally. Also, the rising awareness for cardiovascular disease diagnosis and treatment, favorable government regulation to commercialize angiography devices are the additional factors fueling the growth of angiography devices market. However, the high cost angiography devices, lack of reimbursement, and unaffordability across emerging economies are some of the factors impeding the market growth. However, the companies operating in this market are actively focusing on the commercialization of low cost system to grab the highest market share in emerging economies.

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Angiography Devices Market: Segmentation

The global angiography devices market is segmented based on, device, product type, application, procedures, end use and indication.

Based on devices, the global angiography devices market is segmented into the following:

Magnetic Resonance Angiography (MRA)

Computed Tomography Angiography (CTA)

Conventional Angiography

Digital Subtraction Angiography (DSA)

Catheter angiography

Coronary angiography

Others

Based on procedure, the global angiography devices market is segmented into the following:

Coronary Angiography

Pulmonary Angiography

Cerebral Angiography

Extremity Angiography

Renal Angiography

Based on end users, the global angiography devices market is segmented into the following:

Hospitals and Surgical Centers

Diagnostics Centers

Academic and Research Institutes

Based on indication, the global angiography devices market is segmented into the following:

Coronary Artery Disease (CAD)

Congenital Heart Disease

Congestive Heart Failure

Kidney Disorders

Others

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Angiography Devices Market: Region-wise Outlook

North America was the lading region for angiography devices in terms of revenue in 2015, followed by Europe. Increasing incidence of coronary disorder owing to dysfunction lifestyle is the prime factor driving the growth of angiography device market in these region. However, the similar kind of trend is now shifting towards emerging economies which is expected to create notable growth opportunity for the angiography device during the forecast period.

Angiography Devices Market: Key Players

Leading players operating in angiography devices includes, Shimadzu Corporation, Royal Philips Electronics, Siemens Healthcare, GE Healthcare, Toshiba Medical System Corporation, Shimadzu Corporation, St. Jude Medical, Inc., Toshiba Medical Systems Corporation, Cordis Corporation, Medtronic, Inc., and Abbott Vascular (Abbott Laboratories). Companies operating in this market are seeking for novel product to gain core competencies in the market. These companies are also conducting collaborative studies with the clinical research institutes to sustain their market position.

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