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Intravascular Ultrasound Market Key Players, Growth And Forecast To 2033
Intravascular Ultrasound Market Size
As per the report, the intravascular ultrasound market size has grown strongly in recent years. It will grow from $2.28 billion in 2023 to $2.49 billion in 2024 at a compound annual growth rate (CAGR) of 8.9%. The intravascular ultrasound market size is expected to see strong growth in the next few years. It will grow to $3.52 billion in 2028 at a compound annual growth rate (CAGR) of 9.1%.
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What Is Driving The Growth Of The Global Intravascular Ultrasound Market?
Rising Cardiovascular Disease Prevalence Fuels Intravascular Ultrasound Market Growth
The rising prevalence of cardiovascular diseases (CVDs) is expected to propel the growth of the intravascular ultrasound market going forward. Cardiovascular diseases (CVDs) are a group of disorders that affect the heart and blood vessels. The prevalence of cardiovascular diseases (CVDs) is increasing due to lack of physical activity, unhealthy diet, smoking, chronic stress, and excessive alcohol consumption. Intravascular Ultrasound (IVUS) is a valuable diagnostic tool for managing cardiovascular diseases (CVDs). It provides detailed images and information about the inside of blood vessels, particularly coronary arteries, which can significantly enhance the diagnosis, treatment, and management of various cardiovascular conditions.
What Is The Key Trend In The Global Intravascular Ultrasound Market?
Advancements in Intravascular Ultrasound
Major companies operating in the intravascular ultrasound market focus on technological improvement with sonic lumen tomography (SLT) technology to improve diagnostic capabilities, facilitate better decision-making in cardiovascular procedures, and ultimately enhance patient outcomes. Sonic lumen tomography (SLT) technology enhances the visualization of blood vessels by providing high-resolution, cross-sectional images of the lumen (the interior space of a blood vessel) and the vessel walls.
How Is The Global Intravascular Ultrasound Market Segmented?
The intravascular ultrasound market covered in this report is segmented -
1) By Type: Platform Intravascular Ultrasound, Compact Intravascular Ultrasound
2) By Modality: Virtual Histology Intravascular Ultrasound (IVUS), iMap Intravascular Ultrasound (IVUS), Integrated Backscatter Intravascular Ultrasound (IVUS)
3) By Application: Peripheral Arterial Diseases, Cardiovascular Diseases
4) By End use: Hospital, Diagnostic Centers, Academic And Research Institutes
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How Is The Competitive Landscape Of The Global Intravascular Ultrasound Market?
Major companies operating in the intravascular ultrasound market are Abbott Laboratories, Medtronic plc, Siemens Healthcare GmbH, Fujifilm Corporation, GE HealthCare Technologies Inc., Koninklijke Philips N.V., Boston Scientific Corporation, B. Braun Holding GmbH & Co. KG, Terumo Corporation, Fujikura Ltd., Shenzhen Mindray Bio-Medical Electronics Co. Ltd., Nipro Corporation, Shimadzu Corporation, Cook Group Incorporated, Analogic Corporation, Canon Medical Systems Corporation, ACIST Medical Systems Inc., Insightec Ltd., HeartFlow Inc., Chison Medical Technologies Co. Ltd., CIVCO Medical Instruments Co. Inc., Pie Medical Imaging BV, Conavi Medical Inc., Samsung Medison Co. Ltd., Esaote S.p.A., Sonic Concepts Inc.
Contents Of The Global Intravascular Ultrasound Market
1. Executive Summary
2. Intravascular Ultrasound Market Report Structure
3. Intravascular Ultrasound Market Trends And Strategies
4. Intravascular Ultrasound Market - Macro Economic Scenario
5. Intravascular Ultrasound Market Size And Growth
…..
27. Intravascular Ultrasound Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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