Global Interventional Radiology Market By Technology (Catheters, Stents, IVC Filters, HFA Devices, Angioplasty Balloons, Thrombectomy Systems, Embolization Devices, Biopsy Needles, Accessories, Others), Product (MRI, Ultrasound Imaging, CT Scanners, Angiography Systems, Fluoroscopy Systems, Biopsy Devices, Others), Procedure (Angioplasty, Angiography, Biopsy & Drainage, Embolization, Thrombolysis, Vertebroplasty, Nephrostomy, Others), Application (Cardiology, Urology & Nephrology, Oncology, Gastroenterology, Others), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, 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, Rest of Middle East & Africa), Industry Trends and Forecast to 2027
Market Analysis and Insights of Interventional Radiology
Interventional radiology market is analysed by Data Bridge Market Research, wherein we have accounted for the market to witness a growth rate of 6.13% in the forecasted period of 2020 to 2027, helping market reach an estimated capitalization of USD 29.21 billion. High incidence rate and overall prevalence of chronic diseases amongst the global population is acting as a vital growth driver for interventional radiology market in the above mentioned forecasted period.
Interventional radiology is the medical field that deals with the diagnosis and treatment of patients in a minimally invasive image-guided method. This medical specialty is based on the radiological guidance systems and instruments such as x-ray, MRI, CT, fluoroscopy and various other modalities. The major interventional radiological procedures performed through these methods are for the diagnosis of any underlying disorder present with the patient, which can be identified with the help of visualization through images.
Increasing innovations of technologies resulting in the availability of advanced diagnosis and imaging techniques along with the various benefits associated with this medical field such as cost effectiveness and quicker recovery time which is highly integral for the geriatric population worldwide are the major driving factors for market growth.
Increasing levels of concerns amongst patients regarding the exposure against radiation with the usage of these products along with the high costs associated with these equipments, these factors in combination are acting as the major restraints for interventional radiology market.
This interventional radiology market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Data Bridge Market Research interventional radiology market contact us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Interventional Radiology Market Scope and Market Size
Interventional radiology market is segmented on the basis of technology, product, procedure and application. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- 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. Catheters are sub-segmented into diagnostic catheters and therapeutic catheters. Stents are sub-segmented as diagnostic stents and therapeutic stents. Accessories are sub-segmented into contrast media, guidewires and balloon inflation devices.
- 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 Market Country Level Analysis
Interventional radiology market is analysed and market size insights and trends are provided by country, technology, product, procedure and application as referenced above.
The countries covered in interventional radiology market report are U.S., Canada and Mexico in North America, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Brazil, Argentina and Rest of South America as part of South America and South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa (MEA) as a part of Middle East and Africa (MEA).
North America will be the largest market share holder for interventional radiology market amid availability of large-scale established healthcare infrastructure as well as the Asia-Pacific region witnessing the largest growth rate amid the various market players and authorities focused on introduction of advanced therapeutic and diagnostics technologies in their regions.
The country section of the interventional radiology market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
Interventional radiology market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for interventional radiology market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the interventional radiology market. The data is available for historic period 2010 to 2018.
Competitive Landscape and Interventional Radiology Market Share Analysis
Interventional radiology market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to interventional radiology market.
The major players covered in the interventional radiology market report are Koninklijke Philips N.V., Carestream Health, ESAOTE SPA, GENERAL ELECTRIC COMPANY, Hitachi, Ltd., Hologic, Inc., Shimadzu Corporation, Siemens Healthcare GmbH, CANON MEDICAL SYSTEMS CORPORATION, Samsung Medison Co., Ltd., Medtronic, Agfa-Gevaert Group, Teleflex Incorporated, Cook, Analogic Corporation, Shenzhen Mindray Bio-Medical Electronics Co., Ltd., Trivitron Healthcare among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), South America and Middle East and Africa (MEA) separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Interventional Radiology Market
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.