Press release
IVUS Catheters Market Key Players Analysis - Abbott, ACIST Medical Systems, Boston Scientific Corporation, Cook, Cordis, GE HealthCare.
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global IVUS Catheters Market - (By Product Type (Mechanical IVUS Catheters, Solid-State IVUS Catheters, Digital IVUS Catheters, Others), By Age (Pediatric, Adult), By Indication (Aortic Aneurysm, Blood Clots, Coronary Artery Disease, Deep Vein Thrombosis, Others), By Application (Coronary Diagnosis, Coronary Intervention, Coronary Research), By End User (Hospital, Ambulatory Surgical Centers(ASCs), Diagnostic Centers, Others)), Trends, Industry Competition Analysis, Revenue and Forecast To 2034."According to the latest research by InsightAce Analytic, the Global IVUS Catheters Market is valued at USD 648.34 Mn in 2024, and it is expected to reach USD 1158.33 Mn by the year 2034, with a CAGR of 6.2% during the forecast period of 2025-2034.
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Intravascular Ultrasound (IVUS) is an advanced imaging modality that utilizes ultrasound technology to generate detailed cross-sectional images of coronary arteries, enabling accurate visualization of atherosclerotic plaques. This capability is particularly valuable during percutaneous coronary interventions (PCI), where it assists clinicians in optimizing stent placement and treatment outcomes. IVUS consoles provide high-resolution imaging that supports comprehensive evaluation and procedural planning. Continued advancements in research and development are anticipated to significantly contribute to the growth of the Intravascular Ultrasound (IVUS) Devices Market. Additionally, the IVUS Catheters Market has experienced substantial growth, driven by technological innovation and the rising global incidence of cardiovascular diseases. These catheters play a critical role in coronary angioplasty by offering enhanced intravascular visualization, thereby improving diagnostic accuracy and therapeutic efficacy.
List of Prominent Players in the IVUS Catheters Market:
• Abbott
• ACIST Medical Systems
• Boston Scientific Corporation
• Cook
• Cordis
• GE HealthCare
• ICU Medical, Inc.
• Infraredx, Inc. (Nipro Medical Corporation)
• Koninklijke Philips N.V.
• Medtronic
• Terumo Medical Corporation
• Other Market Players
Market Dynamics:
The growing prevalence of cardiovascular diseases is a primary driver of the Intravascular Ultrasound (IVUS) Catheter Market's expansion. The rising incidence of conditions such as coronary artery disease has led to an increased demand for accurate diagnostic and therapeutic solutions. IVUS catheters offer high-resolution imaging, which enables precise disease assessment and guides interventional procedures, ultimately enhancing patient outcomes. Furthermore, advancements in technology, including the development of catheters with superior imaging capabilities and improved maneuverability, are further fueling market growth. These factors collectively contribute to the widespread adoption of IVUS catheters in clinical practices, thereby driving market growth.
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Challenges:
A key challenge in the adoption of Intravascular Ultrasound (IVUS) technology is its dependency on specialized cardiac catheterization laboratories, where it is classified as an interventional procedure. Successful execution requires the expertise of trained interventional cardiologists proficient in angiographic techniques. Moreover, the utilization of IVUS catheters may increase procedural duration and introduce additional clinical risks, thereby elevating the complexity compared to conventional diagnostic angiography. These factors may limit widespread adoption and pose barriers to procedural efficiency and safety.
Regional Trends:
North America holds a leading position in the global IVUS Devices Market and is expected to maintain this dominance throughout the forecast period. This leadership is supported by the high prevalence of coronary artery disease, early adoption of advanced diagnostic technologies, and well-established healthcare systems with comprehensive reimbursement frameworks. In contrast, the Asia-Pacific region is poised for rapid growth, driven by a rising incidence of cardiovascular disorders and expanding access to interventional cardiology services. Countries such as India, where heart disease remains a significant public health concern, are witnessing increased demand for IVUS technologies, presenting substantial growth opportunities in the regional market.
Recent Developments
• In February 2023, The FDA granted Northeast Scientific Inc. authorization to reprocess the Philips IVUS Eagle Eye Platinum RX Digital catheter, which is a provider of reprocessed single-use peripheral vascular catheters. The organization informed us that the release date for the NES Reprocessed Eagle Eye Platinum RX digital IVUS catheter device will be disclosed shortly.
• In Aug 2021, Abbott made a public declaration regarding the approval of its most recent optical coherence tomography (OCT) imaging platform, which is driven by the organization's novel Ultreon Software, from the U.S. Food and Drug Administration (FDA). By integrating augmented reality (OCT) and artificial intelligence (AI), this novel imaging software furnished medical professionals with an improved, all-encompassing perspective of coronary blood flow obstructions and flow, thereby facilitating informed judgment and identifying the most effective course of action.
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Segmentation of IVUS Catheters Market-
By Product Type-
• Mechanical IVUS Catheters
• Solid-State IVUS Catheters
• Digital IVUS Catheters
• Others
By Age
• Pediatric
• Adult
By Indication -
• Aortic Aneurysm
• Blood Clots
• Coronary Artery Disease
• Deep Vein Thrombosis
• Others
By Application -
• Coronary Diagnosis
• Coronary Intervention
• Coronary Research
By End User-
• Hospital
• Ambulatory Surgical Centers(ASCs)
• Diagnostic Centers
• Others
By Region-
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• South East Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of Middle East and Africa
View Overview Report: https://www.insightaceanalytic.com/report/ivus-catheters-market-/2403
About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.
Contact us:
InsightAce Analytic Pvt. Ltd.
Visit: www.insightaceanalytic.com
Tel : +1 607 400-7072
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info@insightaceanalytic.com
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