Interventional Radiology Market to be Driven by Increasing Advancements in Technology and Rising Ageing Population in the Forecast Period of 2021-2026

The new report by Expert Market Research titled, 'Global Interventional Radiology Market Share Report and Forecast 2021-2026', gives in-depth analysis of the global interventional radiology market, assessing the market based on its segments like procedure, product, application, and major regions.

The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analyzing the market based on the SWOT and Porter's Five Forces models.

Request a free sample copy in PDF or view the report summary@ https://www.expertmarketresearch.com/reports/interventional-radiology-market/requestsample

The key highlights of the report include:

Market Overview (2016-2026):

Historical Market Size (2020): USD 20 Billion
Forecast CAGR (2021-2026):  6.5%
Forecast Market Size (2026): USD 29.5 Billion

The major driving factors for market growth are increasing technological advances resulting in the availability of advanced diagnosis and imaging techniques, as well as the numerous benefits associated with this medical field such as cost effectiveness and faster recovery time, which are extremely important for the global geriatric population.

Increasing levels of patient concern about radiation exposure associated with the use of these devices, combined with the high costs associated with these equipments, are serving as significant constraints for the interventional radiology industry.

Industry Definition and Major Segments

Interventional radiology is a medical discipline that focuses on diagnosing and treating patients using minimally invasive image-guided techniques. In this medical specialty, radiological guidance systems and instruments such as x-ray, MRI, CT, fluoroscopy, and other modalities are used. The most common interventional radiological procedures performed using these techniques are for the evaluation of any underlying conditions that the patient might have that can be visualised by photographs.

Explore the full report with the table of contents@ https://www.expertmarketresearch.com/reports/interventional-radiology-market

Based on the procedure, the interventional radiology market can be divided into:

Angioplasty
Angiography
Biopsy and Drainage
Embolization
Thrombolysis
Vertebroplasty
Nephrostomy
Others

Based on the product, the interventional radiology market can be divided into:

MRI Systems
Ultrasound Imaging Systems
CT Scanners
Angiography Systems
Fluoroscopy Systems
Biopsy Devices
Others

The interventional radiology market can be broadly categorised based on its applications into:

Cardiology
Urology and Nephrology
Oncology
Gastroenterology
Others

On the basis of regional markets, the industry is divided into:

1 North America
1.1 United States of America
1.2 Canada
2 Europe
2.1 Germany
2.2 United Kingdom
2.3 France
2.4 Italy
2.5 Others
3 Asia Pacific
3.1 China
3.2 Japan
3.3 India
3.4 ASEAN
3.5 Others
4 Latin America
4.1 Brazil
4.2 Argentina
4.3 Mexico
4.4 Others
5 Middle East & Africa
5.1 Saudi Arabia
5.2 United Arab Emirates
5.3 Nigeria
5.4 South Africa
5.5 Others

Market Trends

The demand is being driven by the growing trend of minimally invasive procedures, which are more cost-effective and require less hospitalisation. Patients are handled rapidly using minimally invasive procedures and are normally discharged from the hospital the same day. The majority of these procedures necessitate the use of imaging equipment.

The interventional radiology market is being driven by advancements in imaging technology, which provide surgeons with real-time images to show a detailed view of internal organs when diagnosing.

Augmented reality and artificial intelligence are two main areas of progress. Unlike virtual reality, which allows doctors to see no actual images in their field of vision, augmented reality allows them to move objects (scopes and devices) within the body and communicate with its surroundings. Image-led approaches will benefit from this complex growth in a number of ways.

Artificial intelligence detects defects and irregularities in medical images such as CT scans and X-rays using complex algorithms. Because of the large-scale existing healthcare infrastructure in North America, as well as the numerous market players and authorities focused on the implementation of advanced therapeutic and diagnostic technologies in their regions, the Asia-Pacific region will hold the largest market share for interventional radiology.

Key Market Players

The major players in the market are Carestream Health, Esaote S.P.A., GE Healthcare, Hitachi Medical Corporation, Hologic Inc. (NASDAQ: HOLX), Koninklijke Philips N.V., Shimadzu Corporation, Siemens AG, Toshiba Medical Systems Corporation, Samsung Medison, among others.

The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

Read More Reports:

Precision Agriculture Market: https://www.expertmarketresearch.com/reports/precision-agriculture-market

Explosives Market: https://www.expertmarketresearch.com/reports/explosives-market

Digital Marketing Market: https://www.expertmarketresearch.com/reports/digital-marketing-market

Construction Market: https://www.expertmarketresearch.com/reports/construction-market

Face Wash Market: https://www.expertmarketresearch.com/reports/face-wash-market

paints and coatings market: https://www.expertmarketresearch.com/reports/paints-and-coatings-market

luxury yachts market: https://www.expertmarketresearch.com/articles/top-4-leading-companies-luxury-yachts-market

needle coke market:
https://www.expertmarketresearch.com/reports/needle-coke-market

human augmentation market: https://www.expertmarketresearch.com/reports/human-augmentation-market

methacrylic acid market: https://www.expertmarketresearch.com/reports/methacrylic-acid-market

Media Contact

Company Name: Claight Corporation
Contact Person: Adam Lee, Corporate Sales Specialist - U.S.A.
Email: sales@expertmarketresearch.com
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website: https://www.expertmarketresearch.com

About Us:

Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

EMR customises syndicated reports according to clients' requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.

This release was published on openPR.