Interventional Radiology Market 2018 | by Type (MRI, Ultrasound imaging, CT scan, angiography) |Foreseeing 2023

Interventional Radiology-Rising Prevalence of Chronic Diseases and Increasing Demand for Technological Advanced Medical Devices Accelerate the Growth of the Market.

Key Players

General Electric (U.S), Siemens Medical Solutions USA, Inc. (U.S), Toshiba Medical Systems Corporation (Japan), Hitachi Medical Corporation (Japan), Carestream Health (U.S.),  Hologic, Inc. (U.S), Cardinal Health (U.S.), B. Braun Melsungen AG (Germany), C.R Bard, Inc. (U.S.), Stryker (U.S.), and Cook Medical Inc. (U.S.).

The American market for Interventional radiology is expected to grow at a CAGR of about 5.12% during the forecast period 2017-2023.

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Interventional Radiology Market Regional Analysis

America’s interventional radiology market consists of North America and South America. North America accounts for the largest market share, and its growth is attributed to the presence of global market leaders, extensive use of interventional radiology, increasing the prevalence of chronic diseases such as diabetes, cancer, and other diseases. Furthermore, the prevalence of cardiovascular diseases and the rising demand for minimally invasive procedures drive the growth of this market. Additionally, new products launch and technological advancements favor the growth of this market in America. However, fierce competition among major players may hamper entry of new participants in the market.

Interventional Radiology Market Segmentation

America’s interventional radiology market has been segmented on the basis of types, procedure, application and end users. On the basis of types, the market is further segmented into MRI, Ultrasound imaging, CT scan, and angiography. On the basis of procedure, the market is segmented into diagnostic and therapeutic procedures. Diagnostic procedures include angiography, cholangiography, and biopsy. Therapeutic procedures include vascular, catheter placement, ablative, genitourinary, and pain management. On the basis of application, the market is segmented into cardiology, oncology, urology, nephrology, others. On the basis of by end user, it is segmented into hospitals, catheterization labs, and ambulatory surgical centers.

Interventional Radiology Market Scenario

Interventional radiology is a sub specialty of radiology, which utilizes minimally invasive procedure for diagnosis and treatment of diseases. The aim of interventional radiology is to minimize the risk to patients and improve health outcomes.  Interventional radiologists perform both diagnostic and therapeutic procedures. MRI and CT scan are most widely used techniques in interventional radiology. The demand for minimally invasive procedures, extensive use of interventional radiology techniques, and increasing incidence of lifestyle diseases like obesity, heart diseases, and others boost the growth of this market in America.

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Major Table of Contents for Interventional Radiology Market

1. Report Prologue

2. Introduction

2.1 Definition

2.2 Scope of the Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations

2.3 Market Structure

2.4. Market Segmentation

3. Research Methodology

3.1 Research Process

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

3.5 Forecast Model

4. Market Dynamics

4.1 Drivers

4.2 Restraints

4.3 Opportunities

4.4 Threats

4.5 Macroeconomic Indicators

5. Market Factor Analysis

5.1 Value Chain Analysis

5.2 Porters Five Forces

TOC Continued……

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