Interventional Radiology Market to Witness Growth Rate of 6.13% in the Forecast Period of 2020 to 2027

Interventional Radiology Market is forecasted to grow at 6.13% for 2020 to 2027 with factors such as high cost of the equipment and complexity associated with the radiation exposure is expected to hamper the market growth.

Interventional radiology market has shown a significant adoption rate and preferences from the North America region with countries such as U.S. and Canada.  Increasing cases of chronic diseases and increasing demand for minimally invasive interventional procedures is expected to enhance the demand for the interventional radiology in the region.

Interventional Radiology Market Scenario

According to Data Bridge Market Research the interventional radiology market in developing regions is witnessing a growth in terms of its adoption rate, due to increasing cases of chronic diseases, advancement in the interventional radiology devices, rising cases of uterine fibroids among women and technological advancement.

Now the question is which are the regions that interventional radiology market players should target? Data Bridge Market Research has forecasted market leaders to target North America developing regions to help them in attaining better volume of revenue generation.

Interventional radiology market is becoming more competitive every year with angioplasty currently being the largest market procedure for the forecasted period of 2020 to 2027. Data Bridge Market Research’s new report highlights the major growth factors and opportunities in the interventional radiology market.

For more analysis on the interventional radiology market, request for a briefing with our analysts

Interventional Radiology Market Development

Guerbet announced the acquisition of Accurate Medical Therapeutics in January 2018 which will help the company to strengthen them in the interventional radiology. This acquisition will help the company to enhance their global reach and will provide them access to advanced technology for image-guided embolization procedures.

Scope of the Interventional Radiology Market

Interventional radiology on the basis of countries is segmented into U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, and Rest of Middle East & Africa.

  • All country based analysis of the interventional radiology market is further analyzed based on maximum granularity into further segmentation. Based on technology, interventional radiology market is segmented into catheters, stents, inferior vena cava (IVC) filters, hemodynamic flow alteration (HFA) devices, angioplasty balloons, thrombectomy systems, embolization devices, biopsy needles, accessories and others. On the basis of product, interventional radiology market is segmented as magnetic resonance imaging (MRI), ultrasound imaging, computed tomography (CT) scanners, angiography systems, fluoroscopy systems, biopsy devices and others. Based on procedure, market consists of angioplasty, angiography, biopsy & drainage, embolization, thrombolysis, vertebroplasty, nephrostomy and others. Interventional radiology market has also been segmented into cardiology, urology & nephrology, oncology, gastroenterology and others on the basis of applications.
  • Interventional radiology usually uses medical imaging techniques for minimally invasive procedures so they can treat different medical conditions. As compared to the conventional procedure, these technologies are cost effective and are less painful. Some of the common technologies which are used in interventional radiology such as catheters, inferior vena cava filters, biopsy needles, thrombectomy systems, angioplasty systems, and others. They are widely used in applications such as cardiology, oncology, gastroenterology, nephrology & urology and others.

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Key Pointers Covered in the Interventional Radiology Market Industry Trends and Forecast to 2027

  • Market Size
  • Market New Sales Volumes
  • Market Replacement Sales Volumes
  • Installed Base
  • Market By Brands
  • Market Procedure Volumes
  • Market Product Price Analysis
  • Market Healthcare Outcomes
  • Market Cost of Care Analysis
  • Regulatory Framework and Changes
  • Prices and Reimbursement Analysis
  • Market Shares in Different Regions
  • Recent Developments for Market Competitors
  • Market Upcoming Applications
  • Market Innovators Study

Key Market Competitors Covered in the report

  • Koninklijke Philips N.V.
  • Carestream Health
  • Hitachi, Ltd
  • Hologic, Inc.
  • Shimadzu Corporation
  • Siemens Healthcare GmbH
  • Samsung Medison Co., Ltd.
  • Medtronic
  • Agfa-Gevaert Group
  • Teleflex Incorporated
  • Cook
  • Analogic Corporation
  • Shenzhen Mindray Bio-Medical Electronics Co., Ltd.
  • Trivitron Healthcare

Above are the key players covered in the report, to know about more and exhaustive list interventional radiology companies, contact us

Research Methodology: Global Interventional Radiology Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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