Interventional Radiology Market : Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2015-2020 and Forecast 2021-2027

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Global Interventional Radiology Market: By Product Type (Ultrasound imaging, CT scan, Angiography, MRI), By Technology (Angiography, Angioplasty, Biopsy, Others), By Application (Cardiology, Gastroenterology, Oncology, Urology & Nephrology), By End-User (Hospitals, Ambulatory Surgical Centers, Others), and Geography 

 

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Report

Description

The global interventional radiology market size valued USD 18.2 billion in 2020 and expected reach a value of USD 26.3 billion by 2027, at a CAGR of 7.5% during the forecast period 2021-2027. Interventional radiology is a range of techniques that rely on the use of the radiological image guidance using X-ray fluoroscopy, ultrasound, computed tomography [CT] or magnetic resonance imaging [MRI] to precisely target therapy. The interventional radiology treatments are minimally invasive alternatives to surgeries. It is also called as pinhole surgery as the procedures start with passing a needle through the skin to the target.

Interventional Radiology Market

MARKET SUMMARY
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7.5% CAGR
  • Study Period– 2021 – 2027
  • Base Year– 2020
  • CAGR– 7.5%
  • Largest Market– Asia-Pacific
  • Fastest Growing Market– North America

Interventional Radiology Market

  • The report on global interventional radiology market gives historical, current and future market sizes (US$ Mn) based on product type, procedures, application and end user.
  • interventional radiology market report gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
Key Players
  • Hologic, Inc.
  • Fujifilm Corporation
  • Samsung Medison
  • Shimadzu Corporation
  • Carestream Health, Inc.
  • Esaote S.p.A
Interventional Radiology Market

Drivers And Restraints

The major factor attributing the growth of the interventional radiology market are the technological advancements. The keen of the patients towards the adoption of the minimal invasive techniques is adding fuel for the growth of the market. Rising incidence of the chronic diseases boosting the growth of the market. Increase in the use of the interventional radiology (IR) in the treatment of chronic diseases is enhancing the growth of the interventional radiology market. However, the high cost of the equipment is hampering the growth of the market. The lack of skilled professionals for efficient handling of the equipment is hindering the growth of the market.


North-America got significant share

Interventional Radiology Market

Geographically, global interventional radiology market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America market is the leading market in the global market. The adoption of the technological advancements is majorly attributing the growth of the market in this region. The presence of larger number of the market players is another factor boosting the growth of the market in this region. The rising adoption of the minimal invasive techniques by the patient pool is attributing the growth of the market. Europe market follows North America region. The Asia Pacific interventional radiology market is considered as the emerging market owing to the presence of emerging economies which has keen on the development of the healthcare infrastructure.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Notable Market Developments

  • In September 2017, Hitachi has announced that Supria® True64 CT compact design has received FDA clearance
Interventional Radiology Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

2021 is the base year and 2028 is the forecast year.

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.


Report

Table Of Content


Report

Company Profile

Some of the players in the global interventional radiology market include:

    • 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)

Description

The global interventional radiology market size valued USD 18.2 billion in 2020 and expected reach a value of USD 26.3 billion by 2027, at a CAGR of 7.5% during the forecast period 2021-2027. Interventional radiology is a range of techniques that rely on the use of the radiological image guidance using X-ray fluoroscopy, ultrasound, computed tomography [CT] or magnetic resonance imaging [MRI] to precisely target therapy. The interventional radiology treatments are minimally invasive alternatives to surgeries. It is also called as pinhole surgery as the procedures start with passing a needle through the skin to the target.

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