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Intravascular Imaging Market

Market Insights on Intravascular Imaging covering sales outlook, demand forecast & up-to-date key trends

Intravascular Imaging Market By Product Type (Intravascular Ultrasound (IVUS), Optical Coherence Tomography (OCT), intravascular MRI), End Use (Hospitals, Diagnostic Laboratories) & Region - Forecast 2022-2032

Intravascular Imaging Market Overview

The intravascular imaging market is projected to register a CAGR of 5.3% during the forecast period, up from US$ 367.48 Mn in 2022 to reach a valuation of US$ 615.91 Mn by 2032.

Attributes

Details

Intravascular Imaging Market Value (2022)

US$ 367.48 Mn

Intravascular Imaging Market Value (2032)

US$ 615.91 Mn

Intravascular Imaging Market CAGR (2022-2032)

5.3%

Sales of intravascular imaging are expected to rise due to the increasing prevalence of deep vein thrombosis, heart diseases with coronary block, etc. In addition to this, demand for intravascular imaging is rising due to the requirement of standard image output quality.

Increasing adoption of intravascular imaging methods is also projected to contribute to the growth of the intravascular imaging market share. 

One of the high-impact rendering factors affecting the intravascular imaging market share in the greater adoption of intravascular ultrasound (IVUS) devices which is the rising demand for intravascular imaging techniques. Also, due to an increase in the incidence of chronic diseases like heart stroke, coronary artery disease, and myocardial infarction, the sales of intravascular imaging.

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What are the Contributors to the Intravascular Imaging Market Share?

The intravascular disease is generally linked to diet, age, physical activities, etc., and hence the aging population of the world is expected to increase the prevalence of diseases related to blood vessels, in turn driving the demand for intravascular imaging and aiding the growth of intravascular imaging market share.

Increased demand for intravascular imaging is also due to institutional and office-based physician efforts to reduce healthcare expenses. The trend toward downsizing, as well as portability and affordability, led to the increased sales of intravascular imaging systems.

With the superior efficacy of the intravascular imaging methods for the diagnosis of blood vessel disease, the adoption of intravascular imaging is expected to increase the demand for intravascular imaging significantly while driving the growth of the intravascular imaging market share.

The increasing availability of different products across the globe inc including developing countries further expected to drive the sales of intravascular imaging and the growth of the intravascular imaging market share. 

The extended effort by manufacturers to develop technologically advanced diagnostic devices is further expected to fuel the sales of intravascular imaging and aid the growth of the intravascular imaging market share. Globally increasing prevalence of deep vein thrombosis, heart diseases with coronary block, etc., further expected to increase patient footfall in diagnostic centers driving the growth of the intravascular imaging market share

Sabyasachi Ghosh
Principal Consultant
LinkedIn
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Which Region holds the Highest Growth Potential in the Intravascular Imaging Market?

The global intravascular imaging market is expected to be dominated by North America due to the higher number of diagnostic procedures carried out in the region. The region is expected to notice a high increased demand for intravascular imaging during the forecast period.

Europe is expected to be the second most lucrative region in the global intravascular imaging market owing to the higher prevalence of vascular diseases in the region. Latin America is expected to experience steady growth in the sales of intravascular imaging, which in turn supports the global intravascular imaging market share. The demand for intravascular imaging is anticipated to rise in the Europe region, owing to increasing product availability in the region. 

Asia Pacific is expected to be the fastest-growing region with increased sales of intravascular imaging in the global market due to the rapidly improving state of healthcare infrastructure in the region. At the same time, Middle East & Africa is expected to be the least lucrative region in the market due to the least adoption of intravascular imaging products.

How is the Competitive Landscape in the Intravascular Imaging Market?

The key players in intravascular imaging market are looking to expand their product footprint for better sales prospect across the world. Globally increasing collaborations, mergers & acquisitions, partnerships between the regional and global market players are further expected to drive the growth of the intravascular imaging market share.

Some of the top key players in the intravascular imaging market include Acqiris, NIDEK CO. LTD., AGFA Healthcare, Aculight Carl Zeiss AG, Heidelberg Engineering Inc., Optopol, Sonostar Technologies Co.Ltd., OPKO Health, AlazarTech and others.

Globally increasing collaborations, mergers & acquisitions, partnerships between the regional and global market players further expected to drive the growth of the intravascular imaging market.  For example, Hitachi purchased Kurt & Kurt, a medical diagnostic system provider, in December 2016 to expand its business in Turkey.

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Scope of Report

Report Attribute

Details

Growth rate

CAGR of 5.3% from 2022 to 2032

Base year for estimation

2021

Historical data

2015 - 2020

Forecast period

2022 - 2032

Quantitative units

Revenue in USD billion, volume in kilotons, and CAGR from 2022 to 2032

Report coverage

Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, Pricing Analysis,

Segments covered

Product, application, region

Regional scope

North America; Western Europe, Eastern Europe, Middle East, Africa, ASEAN, South Asia, Rest of Asia, Australia and New Zealand

Country scope

U.S.; Canada; Mexico; Germany; U.K.; France; Italy; Spain; Russia; Belgium; Poland; Czech Republic; China; India; Japan; Australia; Brazil; Argentina; Colombia; Saudi Arabia; UAE; Iran; South Africa

Key companies profiled

Acqiris, NIDEK CO. LTD., AGFA Healthcare, Aculight Carl Zeiss AG, Heidelberg Engineering Inc., Optopol, Sonostar Technologies Co.Ltd., OPKO Health, AlazarTech and others.

Customization scope

Free report customization (equivalent to up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. 

Frequently Asked Questions

The intravascular imaging market is predicted to register a CAGR of 5.3% during the forecast period.

Key players holding substantial intravascular imaging market share include Acqiris, NIDEK CO. LTD., AGFA Healthcare, Aculight Carl Zeiss AG, Heidelberg Engineering Inc., Optopol, Sonostar Technologies Co.Ltd., OPKO Health, AlazarTech and others.

As per the analysis, the intravascular imaging market share is likely to be US$ 615.91 Mn by 2032.

Demand for intravascular imaging is likely to rise due to increasing prevalence of the deep vein thrombosis, heart diseases with coronary block.

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Sabyasachi Ghosh
Principal Consultant
LinkedIn
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Intravascular Imaging Market