Interventional Radiology Market 2024 - By Size, Share, Industry Growth Analysis Report By 2033
The interventional radiology
global market report 2024 from The Business Research Company provides
comprehensive market statistics, including global market size, regional shares,
competitor market share, detailed segments, trends, and opportunities. This
report offers an in-depth analysis of current and future industry scenarios,
delivering a complete perspective for thriving in the industrial automation
software market.
Interventional Radiology Market, 2024 report by The Business Research
Company offers comprehensive insights into the current state of the market and
highlights future growth opportunities.
Market Size -
The interventional radiology
market size has grown rapidly in recent years. It will grow from $24.08 billion in 2023 to $27.42 billion in 2024 at a compound annual growth
rate (CAGR) of 13.9%. The growth in the historic period can be
attributed to increased aging population, rise in chronic disease prevalence,
adoption of telehealth service, enhanced radiation safety measures, increased
minimally invasive procedures.
The interventional radiology
market size is expected to see rapid growth in the next few years. It will grow
to $44.06 billion in 2028 at a compound
annual growth rate (CAGR) of 12.6%. The
growth in the forecast period can be attributed to improving healthcare
infrastructure, adoption of genomic medicine, increasing use of interventional
radiology, supportive regulatory changes, improving patient awareness. Major
trends in the forecast period include adoption of focused ultrasound, growing
focus on pediatric interventional radiology, adoption of point-of-care imaging,
adoption of patient navigation tools, adoption of catheter robotics.
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Scope Of Interventional
Radiology Market
The Business Research Company's
reports encompass a wide range of information, including:
1. Market Size (Historic and
Forecast): Analysis of the market's historical performance and projections for
future growth.
2. Drivers: Examination of the key
factors propelling market growth.
3. Trends: Identification of
emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the
market into its primary segments and their respective performance.
5. Focus Regions and Geographies:
Insight into the most critical regions and geographical areas influencing the
market.
6. Macro Economic Factors:
Assessment of broader economic elements impacting the market.
Interventional Radiology Market Overview
Market Drivers -
The increase in prevalence of
cancer is expected to drive the growth of the interventional radiology market
in the coming years. Cancer is a global health problem and is the second
leading cause of death in the United States. Interventional radiology uses a
variety of techniques such as ablation, embolization, and irreversible
electroporation (IRE) to treat cancer and cardiovascular disorders. For
instance, in February 2023, according to the House of Commons Library, a
UK-based government body, cancer claimed the lives of 134,802 persons in
England in 2021. Hence, the increasing prevalence of cancer drives the growth
of the interventional radiology market.
The interventional radiology
market covered in this report is segmented –
1) By Product: MRI,
Ultrasound Imaging, CT Scanners, Angiography Systems, Fluoroscopy Systems,
Biopsy Devices, Other Products
2) By Procedure:
Angioplasty, Angiography, Biopsy And Drainage, Embolization, Thrombolysis,
Vertebroplasty,Nephrostomy, Other Procedures
3) By Application:
Oncology, Cardiology, Urology And Nephrology, Gastroenterology, Other
Applications
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Regional Insights -
North America was the largest
region in the interventional radiology global market in 2023. Asia-Pacific is
expected to be the fastest-growing region in the forecast period. The regions
covered in the interventional radiology market report include Asia-Pacific,
Western Europe, Eastern Europe, North America, South America, Middle East and
Africa.
Key Companies -
Major companies operating in the
interventional radiology market include
Carestream Health Inc., Siemens Aktiengesellschaft, Koninklijke Philips
N.V., General Electric Company, Hitachi Ltd., Canon Medical Systems Corporation,
Toshiba Medical Systems, Medtronic plc, Shimadzu Corporation, FUJIFILM Holdings
Corporation, Hologic Inc., Agfa-Gevaert N.V., Esaote S.p.A., Samsung Medison
Co. Ltd., Cook Group Incorporated, Stryker Corporation, Abbott Laboratories,
AngioDynamics Inc., B. Braun Melsungen AG, Cardinal Health Inc., C. R. Bard
Inc., Terumo Corporation, Merit Medical Systems Inc., Penumbra Inc., BTG
International Ltd., Guerbet Group, Medrad Inc., MicroPort Scientific
Corporation, Neusoft Medical Systems Co. Ltd., Nordion Inc.
Table of Contents
1. Executive Summary
2. Interventional Radiology Market Report Structure
3. Interventional Radiology Market Trends And Strategies
4. Interventional Radiology Market – Macro Economic Scenario
5. Interventional Radiology Market Size And Growth
…..
27. Interventional Radiology Market Competitor Landscape And Company
Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential
Analysis
30. Appendix
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