Vascular Imaging Market to Flourish with an Impressive CAGR by 2025

Imaging tests provide a picture of the inner side of the body or some parts of the body, which further helps the physician diagnose the disease or determine the severity of the disease. Normally, imaging tests are safer, painless, and non-invasive. Vascular imaging is an important element of detection of various diseases and a complete stroke diagnosis. The vascular imaging test helps detect the blood circulation through various vesicles and veins, which helps surgeons in performing surgeries in an easy and safe manner. Various methods or techniques of vascular imaging include MRI (magnetic resonance imaging), CT (computed tomography), and ultrasound. These techniques help surgeons in observing different issues such as blockages, blood clots, varicose veins, plaques, and evaluation of graft surgeries flows through the body.

The global Vascular Imaging Market is expected to expand substantially in the next few years, due to growing elderly population and rising prevalence of cardiovascular diseases (CVDs) across the world. On the other hand, regulatory and government measures and availability of low-cost alternatives for the treatment restrain the market.

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The vascular imaging market can be segmented based on technology, application, type of procedure, end-user, and region. Based on technology, the market has been divided into computed tomography (CT), magnetic resonance imaging (MRI), X-ray, nuclear imaging, and ultrasound. The magnetic resonance imaging (MRI) segment leads the market, due to increasing use of MRI in vascular imaging led by its minimally invasive nature and high efficiency. Based on application, the market has been segmented into therapeutic applications and diagnostic applications.

Based on type of procedure, the global vascular imaging market has been segmented into cerebral angiography, peripheral angiography, vascular ultrasound, coronary angiography, and micro angiography. The coronary angiography segment is projected to expand at the maximum growth rate during the forecast period, due to increasing prevalence of CVDs and growing geriatric population across the globe. Based on end–user, the market has been segmented into hospitals, diagnostic centers, specialty clinics, and others. The hospitals segment is expected to register the maximum growth rate during the forecast period, due to technological advancements and increasing prevalence of cancer and cardiovascular diseases worldwide.

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Geographically, the global vascular imaging market has been segmented into North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. Each regional market has been sub-divided into specific countries. North America dominates the global vascular imaging market, owing to increasing demand for vascular imaging in the detection of various diseases and highly developed health care infrastructure in the region. Asia Pacific is likely to be a highly attractive market during the forecast period, due to the large pool of patients suffering from CVDs in the region.

Key players operating in the global vascular imaging market are GE Healthcare, Siemens Healthcare GmbH, Toshiba Medical Systems Corporation, Hitachi Medical Systems, Samsung Medison Co., Ltd., Koninklijke Philips N.V., Shimadzu Corporation, and Carestream Health. In order to gain a competitive advantage, major players have adopted different growth strategies. Collaborations, agreements, partnerships, and launch of new products are some of the strategies adopted by leading market players.

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This release was published on openPR.