Interventional Radiology Market Growth, Industry Outlook And Opportunities 2022

Precision Business Insights published a research report on “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- Global/Region/Country Forecast to 2028.” The global interventional radiology market size was valued at USD 18.2 billion in the year 2021 and anticipated to value at USD 26.3 billion till 2028 witnessing a CAGR of 7.5% during the evaluation time span 2022-2028.

Glance our 200 slides market research and competitive intelligence research report, 25 Tables and 65 Figures and other qualitative sections with an in-depth TOC on “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- Global/Region/Country Forecast to 2028”.

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Technological Developments are Fuelling the Interventional Radiology Market
The global interventional radiology market provides historical, present and upcoming market sizes on the basis of end user, product type, application and procedures. Interventional radiology market report provides complete viewpoint around the region by making special focus on major regions like Latin America, Middle East, North America, Europe, Asia Pacific and Africa. Interventional radiology involves using different techniques, which depend on the use of radiological image guidance making use of ultrasound, magnetic resonance imaging and X-ray fluoroscopy to accurately target therapy. The interventional radiology treatments are simply invasive substitutes to surgery procedures. It is even known as pinhole surgery since the procedures begin with passing a needle through the skin to the target.

One of the major factors contributes towards the interventional radiology market growth is the technological developments. The eagerness of the patients towards following the minimal invasive techniques is leading towards driving the market growth. Increase cases of chronic illnesses fuelling the market growth. Growing use of interventional radiology to treat chronic illnesses is augmenting the interventional radiology market growth. But, the high pricing of the equipment is hindering the market growth. The dearth of skilled experts to handle equipment effectively is restraining the market growth.

Regional Analysis - Interventional Radiology Market
On the basis of geographical analysis, global interventional radiology market is categorized into leading regions such as Europe, Asia Pacific, Middle East, North America, Latin America and Africa. Among all these regions, North America serves to be the major market in the global market. One of the leading factors fuelling the market growth in the region is the presence of a huge number of the key players in the marketplace. The growing adoption of the minimal invasive techniques by the patients is also leading towards the market growth. North America is followed by Europe market. The Asia Pacific interventional radiology market is considered to be the rising market as there are several rising countries present in the region, which has keen on the advancement of the healthcare infrastructure.

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Competitive Analysis - Interventional Radiology Market
There are several major players operating in the Interventional radiology market such as Hologic, Inc., Fujifilm Corporation, Samsung Medison, Shimadzu Corporation, Carestream Health, Inc. and Esaote S.p.A. Hitachi has made an announcement in September 2017 that Supria® True64 CT compact design has obtained FDA approval. Market players focus on adopting key strategies to strengthen their position in the market.

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