Interventional Radiology Market: By Product Type, By Technology, By Application, By End-User, and Region Forecast 2019-2030

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Interventional Radiology Market Size, Share, Growth, Trends, and Global Industry Analysis: By Product Type (Ultrasound imaging, CT scan, Angiography, MRI), By Technology (Angiography, Angioplasty, Biopsy, Others), By Application (Cardiology, Gastroenterology, Oncology, Urology, and nephrology), By End-User (Hospitals, Ambulatory Surgical Centers, Others), and Region Forecast 2019-2030

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Interventional Radiology Market size was valued at US$ 27,124.3 million in 2023 and is poised to grow at a significant CAGR of 6.4% from 2024 to 2030. The global market provides a detailed overview of the market that can be segmented by product type, technology, application, end-user, and region. By product type, The Interventional radiology market has been segmented into ultrasound imaging, CT scan, angiography, and MRI. The MRI segment is likely to be the largest and fastest-growing segment due to various factors such as technological advancements and new product launches. Based on technology, Based on application, the Interventional radiology market is segmented into cardiology, gastroenterology, oncology, urology, & nephrology. The oncology segment is anticipated to witness the highest CAGR during the forecast period due to the rising incidence of cancer and increasing demand for minimally invasive procedures. Based on the end user, the segment has been segregated into hospitals, ambulatory surgical centers, and others. The hospital segment is expected to dominate due to rising patient populations worldwide, and rising various clinical trials over various diseases.

Interventional Radiology Market Key Development

  • In December 2020, Samsung Electronics Co. Ltd launched its premium diagnostic imaging solutions in ultrasound, digital radiography, and mobile computed tomography at the Radiological Society of North America (RSNA) 2020. This strategic initiative assisted the company in expanding its product portfolio in the interventional radiology industry.
  • In April 2022, GE Healthcare and Medtronic announced a collaboration to meet the growing need for outpatient care and focused on the unique needs and demand for care at Ambulatory Surgery Centers (ASCs) and Office Based Labs (OBLs).

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Interventional Radiology Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

6.4%

Largest Market

Asia-Pacific

Fastest Growing Market

North America

Interventional Radiology Market Dynamics

Rising prevalence of chronic diseases, increasing demand for minimally invasive procedures, and technological advancements are anticipated to propel the market growth over the forecast years. Moreover, the risk of high radiation exposure is a serious concern for MRI manufacturers & healthcare facilities are hindering the market growth during the forecast years.

Interventional Radiology Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2024-2030

Market CAGR

6.4%

By Product Type

  • Ultrasound imaging
  • CT scan
  • Angiography
  • MRI

By Technology

  • Angiography
  • Angioplasty
  • Biopsy
  • Others

By Application

  • Cardiology
  • Gastroenterology
  • Oncology
  • Urology & Nephrology

By Distribution Channel

  • Hospital Pharmacies
  • Ambulatory Surgical Centers
  • Others

Key Features of the Report

  • The interventional radiology market report provides granular level information about the market size, regional market share, historic market (2019-2023) and forecast (2024-2030)
  • The report covers in-detail insights about the competitors overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario

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Frequently Asked Questions

The global interventional radiology market size was valued at US$ 27,124.3 million in 2023 and is projected to grow at a CAGR of 6.4% from 2024 to 2030.

The interventional radiology market key players are: Hologic, Inc. (U.S.) Fujifilm Corporation (Japan) Samsung Medison (South Korea) Shimadzu Corporation (Japan) Carestream Health, Inc. (U.S.) Esaote S.p.A (Italy) GE Healthcare (General Electric Company) (U.K.) Siemens Healthcare GmBH (Siemens AG) (Germany) Koninklijke Philips N.V. (The Netherlands)

The interventional radiology market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.

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Author

Muni Kumar Meravath

Muni Kumar Meravath is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthc.....

1. Executive Summary
2. Global Interventional Radiology Market Introduction 
2.1.Global Interventional Radiology Market  - Taxonomy
2.2.Global Interventional Radiology Market  - Definitions
2.2.1.Product Type 
2.2.2.Technology
2.2.3.Application
2.2.4.Distribution Channel
2.2.5.Region
3. Global Interventional Radiology Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4. Global Interventional Radiology Market Analysis, 2019 - 2023 and Forecast 2024 - 2030
4.1.  Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5. Global Interventional Radiology Market  By Product Type , 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
5.1. Ultrasound imaging
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. CT scan
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
5.3. Angiography
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.3.3. Market Opportunity Analysis 
5.4. MRI
5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.4.3. Market Opportunity Analysis 
6. Global Interventional Radiology Market  By Technology, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
6.1. Angiography
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Angioplasty
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
6.3. Biopsy
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.3.3. Market Opportunity Analysis 
6.4. Others
6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.4.3. Market Opportunity Analysis 
7. Global Interventional Radiology Market  By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
7.1. Cardiology
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Gastroenterology
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Oncology
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
7.4. Urology & Nephrology
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.4.3. Market Opportunity Analysis 
8. Global Interventional Radiology Market  By Distribution Channel, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
8.1. Hospital Pharmacies
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.1.3. Market Opportunity Analysis 
8.2. Ambulatory Surgical Centers
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.2.3. Market Opportunity Analysis 
8.3. Others
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.3.3. Market Opportunity Analysis 
9. Global Interventional Radiology Market  By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
9.1. North America
9.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.1.3. Market Opportunity Analysis 
9.2. Europe
9.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.2.3. Market Opportunity Analysis 
9.3. Asia Pacific (APAC)
9.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.3.3. Market Opportunity Analysis 
9.4. Middle East and Africa (MEA)
9.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.4.3. Market Opportunity Analysis 
9.5. Latin America
9.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.5.3. Market Opportunity Analysis 
10. North America Interventional Radiology Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
10.1. Product Type  Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Ultrasound imaging
10.1.2.CT scan
10.1.3.Angiography
10.1.4.MRI
10.2.  Technology Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Angiography
10.2.2.Angioplasty
10.2.3.Biopsy
10.2.4.Others
10.3.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.Cardiology
10.3.2.Gastroenterology
10.3.3.Oncology
10.3.4.Urology & Nephrology
10.4.  Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.4.1.Hospital Pharmacies
10.4.2.Ambulatory Surgical Centers
10.4.3.Others
10.5.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.5.1.United States of America (USA)
10.5.2.Canada
11. Europe Interventional Radiology Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
11.1. Product Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Ultrasound imaging
11.1.2.CT scan
11.1.3.Angiography
11.1.4.MRI
11.2.  Technology Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Angiography
11.2.2.Angioplasty
11.2.3.Biopsy
11.2.4.Others
11.3.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.Cardiology
11.3.2.Gastroenterology
11.3.3.Oncology
11.3.4.Urology & Nephrology
11.4.  Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.4.1.Hospital Pharmacies
11.4.2.Ambulatory Surgical Centers
11.4.3.Others
11.5.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.5.1.Germany
11.5.2.France
11.5.3.Italy
11.5.4.United Kingdom (UK)
11.5.5.Spain
11.5.6.Rest of EU
12.Asia Pacific (APAC) Interventional Radiology Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
12.1. Product Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Ultrasound imaging
12.1.2.CT scan
12.1.3.Angiography
12.1.4.MRI
12.2.  Technology Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Angiography
12.2.2.Angioplasty
12.2.3.Biopsy
12.2.4.Others
12.3.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Cardiology
12.3.2.Gastroenterology
12.3.3.Oncology
12.3.4.Urology & Nephrology
12.4.  Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.4.1.Hospital Pharmacies
12.4.2.Ambulatory Surgical Centers
12.4.3.Others
12.5.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.5.1.China
12.5.2.India
12.5.3.Australia and New Zealand (ANZ)
12.5.4.Japan
12.5.5.Rest of APAC
13.Middle East and Africa (MEA) Interventional Radiology Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
13.1. Product Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.1.1.Ultrasound imaging
13.1.2.CT scan
13.1.3.Angiography
13.1.4.MRI
13.2.  Technology Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.2.1.Angiography
13.2.2.Angioplasty
13.2.3.Biopsy
13.2.4.Others
13.3.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.3.1.Cardiology
13.3.2.Gastroenterology
13.3.3.Oncology
13.3.4.Urology & Nephrology
13.4.  Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.4.1.Hospital Pharmacies
13.4.2.Ambulatory Surgical Centers
13.4.3.Others
13.5.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.5.1.GCC Countries
13.5.2.South Africa
13.5.3.Rest of MEA
14. Latin America Interventional Radiology Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
14.1. Product Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.1.1.Ultrasound imaging
14.1.2.CT scan
14.1.3.Angiography
14.1.4.MRI
14.2.  Technology Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.2.1.Angiography
14.2.2.Angioplasty
14.2.3.Biopsy
14.2.4.Others
14.3.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.3.1.Cardiology
14.3.2.Gastroenterology
14.3.3.Oncology
14.3.4.Urology & Nephrology
14.4.  Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.4.1.Hospital Pharmacies
14.4.2.Ambulatory Surgical Centers
14.4.3.Others
14.5.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.5.1.Brazil
14.5.2.Mexico
14.5.3.Rest of LA
15. Competition Landscape
15.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
15.2.1.Hologic, Inc. (U.S.)
15.2.2.Fujifilm Corporation (Japan)
15.2.3.Samsung Medison (South Korea)
15.2.4.Shimadzu Corporation (Japan)
15.2.5.Carestream Health, Inc. (U.S.)
15.2.6.Esaote S.p.A (Italy)
15.2.7.GE Healthcare (General Electric Company) (U.K.)
15.2.8.Siemens Healthcare GmBH (Siemens AG) (Germany)
15.2.9.Koninklijke Philips N.V. (The Netherlands)
16. Research Methodology 
17. Appendix and Abbreviations 

Key Market Players

  • Hologic, Inc. (U.S.)
  • Fujifilm Corporation (Japan)
  • Samsung Medison (South Korea)
  • Shimadzu Corporation (Japan)
  • Carestream Health, Inc. (U.S.)
  • Esaote S.p.A (Italy)
  • GE Healthcare (General Electric Company) (U.K.)
  • Siemens Healthcare GmBH (Siemens AG) (Germany)
  • Koninklijke Philips N.V. (The Netherlands)

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