Press release
Global Interventional Radiology Products Market by Manufacturers, Regions, Forecast to 2026 with Top key Players like Company Profile Medtronic, Boston Scientific Corporation, Abbott, Cardinal Health
Global Interventional Radiology Products Market is expected to reach USD 9.60 billion by 2025, from USD 6.35 billion in 2017 growing at a CAGR of 4.7% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.Radiology experts performed a wide range of interventional procedures and interpret the results accurately. Interventional radiologists are often required for clinical sub-specialties. The growth of the aging population is a major cause for the shortage of IR consultants. The need for interventional radiologists has also increased in rural areas. According to the American Association of Medical Schools (AAMC), by 2025, the demand for physicians will exceed supply by 61,700 to 94,700. The shortage of interventional radiologists is higher in EMEA.
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Key Developments in the Market:
In November 2015, Boston Scientific entered into a definitive agreement to acquire the interventional radiology portfolio of CeloNova Biosciences, A San Antonio-based developer of endovascular and interventional cardiology technologies.
In May 2018, Guerbet LLC USA launched SeQure and DraKon, two novel microcatheters for tumor and vascular aneurysm embolization procedures.
Major Market Competitors/Players:
Some of the major players operating in global Interventional Radiology Products market are Medtronic, Boston Scientific Corporation, Abbott, Cardinal Health, C. R. Bard, Inc., B. Braun Melsungen AG, Biosensors International Group, Ltd., Stryker, TERUMO CORPORATION, Cook, Agfa-Gevaert N.V., FUJIFILM Holdings Corporation, General Electric Company, Hitachi Medical Corporation, Hologic Inc., Medtronic plc., Koninklijke Philips N.V., Siemens Healthcare Private Limited, Teleflex Incorporated, CANON MEDICAL SYSTEMS CORPORATION.
Competitive Analysis:
The global Interventional Radiology Products market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of vascular patches market for global, Europe, North America, Asia Pacific and South America.
Table of Content
Chapter 1. Market Definition
1.1 Market Segment Overview
1.2 by Type
1.3 by End-Use / Application
Chapter 2. Global Market by Vendors
2.1 Market Share
2.2 Vendor Profile
2.3 Dynamic of Vendors
Chapter 3. Global Market by Type
3.1 Market Share
3.2 Introduction of End-Use by Different Products
Chapter 4. Global Market by End-Use / Application
4.1 Market Share
4.2 Overview of Consumption Characteristics
Chapter 5. Global Market by Regions
5.1 Market Share
5.2 Regional Market Growth
Chapter 11. New Project Feasibility Analysis
Chapter 12. Research Finding and Conclusion
Chapter 13. Appendix
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Market Segmentation:
• The Global Interventional Radiology Products market is segmented based on type, procedure type, application and geographical segments.
• Based on Geography, the market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific and, Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others
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Market Drivers and Restraints:
• Rising Prevalence and Incidence of Chronic Diseases
• Growing Geriatric Population
• Increasing Demand for Minimally Invasive Procedures
• Increasing Reimbursement for Minimally Invasive Procedures
• Availability of Effective Conventional First-Level Treatments
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