Intravascular Ultrasound Imaging System Market Explore Future Growth 2018-2026 by Global Top Players - Philips Volcano, Boston Scientific Corporation, GE Healthcare, Siemens Healthineers, Medtronic plc, Samsung Madison, Silicon Valley Medical Instruments,

Intravascular ultrasound imaging system (IVUS) is a catheter-based imaging technique, which allows visualization and assessment of the morphological properties of blood vessels and heart. It provides observation of the real-time aortic diameter assessment. This technique is especially useful when other techniques such as computed tomography and angiography does not provide adequate imaging details. Intravascular ultrasound imaging is performed by directly cannulating a miniature catheter into the arteries (mostly into the coronary artery) to check plaque inside the artery that results in coronary artery disease. The intravascular ultrasound system has been increasingly used for clinical investigation purposes such as in guiding the placement of stent or evaluation of therapeutic strategies and the follow-up examinations in heart transplant recipients.

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Intravascular Ultrasound System Market - Market Dynamics

Increasing incidence of cardiovascular diseases is one of the significant factors driving the growth of the intravascular ultrasound system market. Atherosclerosis is a condition in which narrowing of the arteries leads to ischemia of the heart, which is the main consequence of cardiovascular disease. Atherosclerosis leads to myocardial infarction (heart attack) if it is left untreated. Plaque is considered to be the main determinant of luminal narrowing in atherosclerosis. Examination of plaque can be done using intravascular ultrasound system market. According to the World Health Organization (WHO) factsheet in 2017, globally 17.7 million people die due to cardiovascular diseases (CVDs) annually, which accounts for around 31% of all deaths worldwide. 80% of all CVD deaths are due to heart attacks and strokes. This can be prevented if these diseases are diagnosed on time with the help of different approaches including intravascular ultrasound system.

Key players are launching new products in the global intravascular ultrasound system market to provide better visualization of arteries. This is expected to expand the overall market of an intravascular ultrasound system. For instance, in August 2018, Infraredx Inc. launched the Makoto intravascular imaging system, and Dualpro intravascular ultrasound and near-infrared spectroscopy catheter in Japan. According to Infraredx, Makoto intravascular imaging system and Dualpro catheter are the only technology in the market, which identifies vessel structure and plaque composition using IVUS+NIRS.

Intravascular Ultrasound System Market - Competitive Landscape

- Key players operating in the global intravascular ultrasound system market include Philips Volcano, Boston Scientific Corporation, GE Healthcare, Siemens Healthineers, Infraredx, Medtronic plc, Samsung Madison, Silicon Valley Medical Instruments, and Abbott Healthcare.
Companies are launching novel products, in order to overcome present challenges associated with intravascular ultrasound systems and gain larger market share in the intravascular ultrasound systems market.
- In July 2018, Conavi Medical was granted with the U.S. FDA clearance for its Novasight hybrid imaging system, which allows simultaneous imaging of coronary arteries with both intravascular ultrasound system and optical coherence tomography. IVUS or OCT are used by interventional cardiologists to image coronary anatomy during angioplasty and stenting procedures.
- In June 2017, Royal Philips re-launched its Pioneer Plus catheter, which is the first and only re-entry device with intravascular ultrasound (IVUS) capabilities and needle deployment designed to assist arterial vessel intervention. This system captures images of vessels in the peripheral vascular system from inside the artery, thereby helping physicians to identify the targeted area and place catheter in a specific location. This helps to treat arterial blockage efficiently.

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Intravascular Ultrasound System Market - Taxonomy

On the basis of product, the global intravascular ultrasound system market is segmented into:

IVUS Consoles
IVUS Catheter
Accessories

On the basis of end users, the global intravascular ultrasound system market is segmented into:

Hospitals
Ambulatory Care Centers
Others

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