Global Interventional Radiology Market 2023 International Expansion, Opportunity Assessment, Future Growth And Top Key Players Till 2032 | Carestream Health, Siemens AG, Koninklijke Philips N.V., General Electric Company, Hitachi Medical Corporation

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company's Interventional Radiology Global Market Report 2023 identifies increase in prevalence of cancer as the major driver for the Interventional Radiology Market's growth in the forecast period. Cancer is a global health problem and is the second leading cause of death in the United States. Interventional radiology uses a variety of techniques such as ablation, embolization, and irreversible electroporation (IRE) to treat cancer and cardiovascular disorders.

The global interventional radiology market size grew from $20.68 billion in 2022 to $22.57 billion in 2023 at a compound annual growth rate (CAGR) of 9.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The interventional radiology market size is expected to grow to $31.77 billion in 2027 at a CAGR of 8.9%.

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Major competitors in the interventional radiology market are Carestream Health, Siemens AG, Koninklijke Philips N.V., General Electric Company, Hitachi Medical Corporation, Canon Medical Systems Corporation, Toshiba Medical Systems, Medtronic plc, Shimadzu Corporation, Fujifilm Holdings Corp., Hologic Inc., Agfa-Gevert N.V., Esaote S.P.A., and Samsung Medison.

A key trend in the Interventional Radiology Market includes Artificial Intelligence. Companies operating in the interventional radiology sector continuously focus on introducing new technologies to survive in the interventional radiology market. For instance, in September 2012, GE Healthcare, a US-based manufacturer and distributor of diagnostic imaging, launched AI-powered Cath lab - Optima IGS 320in India. It uses GE's AutoRight technology, which automates image and dose parameter optimization in real-time using AI so that doctors may concentrate their attention and clinical experience on patients. The Optima IGS 320's next-generation interventional imaging software offers clinical adaptability to more precisely direct complex non-invasive procedures. By using AutoRight to automate the often difficult process, interventionists are given less work to do and may pay more attention to the process.

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The Interventional Radiology Market is segmented -
By Product: MRI, Ultrasound Imaging, CT Scanners, Angiography Systems, Fluoroscopy Systems, Biopsy Devices, Other Products
By Procedure: Angioplasty, Angiography, Biopsy And Drainage, Embolization, Thrombolysis, Vertebroplasty, Nephrostomy, Other Procedures
By Application: Oncology, Cardiology, Urology And Nephrology, Gastroenterology, Other Applications
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Interventional Radiology Market.

The Business Research Company's "Global Interventional Radiology Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.

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The Table Of Content For The Interventional Radiology Market Include:
1. Executive Summary
2. Interventional Radiology Market Characteristics
3. Interventional Radiology Market Trends And Strategies
4. Interventional Radiology Market- Macro Economic Scenario
5. Interventional Radiology Market Size And Growth
……
26. Africa Interventional Radiology Market
27. Interventional Radiology Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Interventional Radiology Market
29. Interventional Radiology Market Future Outlook and Potential Analysis
30. Appendix

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