Emerging Trends to Reshape the Interventional Radiology Market: Artificial Intelligence Integration Revolutionizes Interventional Radiology Market as a Key Influencer

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Interventional Radiology Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
In recent times, the interventional radiology market has seen rapid expansion. It's projected to surge from a worth of $26.74 billion in 2024 to $30.25 billion in 2025, indicating a compound annual growth rate (CAGR) of 13.1%. The significant growth observed during the historic period is due to various factors such as a growing elderly population, an increase in chronic illnesses, the uptake of telehealth services, improved safety protocols regarding radiation, and a surge in minimally invasive procedures.

Interventional Radiology Market Size Forecast: What's the Projected Valuation by 2029?
Predictions indicate a swift expansion in the interventional radiology market in the upcoming years. The market is anticipated to rise to $49.01 billion by 2029, with an annual compound growth rate (CAGR) of 12.8%. This growth during the forecast period is due to advancements in healthcare infrastructure, the integration of genomic medicine, an upsurge in the utilization of interventional radiology, favorable regulatory shifts, and enhanced patient awareness. Noteworthy trends for the forecast duration include the implementation of focused ultrasound, an increased emphasis on pediatric interventional radiology, the employment of point-of-care imaging, the usage of patient navigation tools, and the integration of catheter robotics.

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What Are the Drivers Transforming the Interventional Radiology Market?
The expanding incidence of cancer is predicted to fuel the expansion of the interventional radiology market in future years. Cancer has become a worldwide health issue and ranks second in terms of mortality in the United States. To treat cancer and cardiovascular diseases, interventional radiology employs a range of methods such as ablation, embolization, and irreversible electroporation (IRE). For instance, data from the Australian Institute of Health and Welfare, a government agency based in Australia, reveals that there was a significant annual increase from 160,570 cancer cases diagnosed in 2022 to 164,694 in 2023. This surge indicates the escalating presence of cancer in Australia. Therefore, the growing incidence of cancer spurs the expansion of the interventional radiology market.

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What Long-Term Trends Will Define the Future of the Interventional Radiology Market?
The growing trend of Artificial Intelligence is becoming increasingly significant in the interventional radiology market. To thrive in this competitive market, companies in the interventional radiology sector consistently focus on the introduction of advanced technologies. For example, in June 2022, Shimadzu Medical Systems, an American medical equipment company, unveiled the Trinias angiography system, integrated with artificial intelligence. This system is designed to aid in various interventional procedures including interventional cardiology, peripheral investigations, interventional neurology, interventional radiology, and cancer management. Diseases of the heart such as congenital heart defects, heart valve disease, and coronary artery disease can all be diagnosed and treated with the Trinias angiography system.

Which Segments in the Interventional Radiology Market Offer the Most Profit Potential?
The interventional radiology market covered in this report is segmented -

1) By Product: MRI, Ultrasound Imaging, CT Scanners, Angiography Systems, Fluoroscopy Systems, Biopsy Devices, Other Products
2) By Procedure: Angioplasty, Angiography, Biopsy And Drainage, Embolization, Thrombolysis, Vertebroplasty, Nephrostomy, Other Procedures
3) By Application: Oncology, Cardiology, Urology And Nephrology, Gastroenterology, Other Applications

Subsegments:
1) By MRI (Magnetic Resonance Imaging): Closed MRI Systems, Open MRI Systems, Extremity MRI Systems,
2) By Ultrasound Imaging: Portable Ultrasound Systems, Diagnostic Ultrasound Systems, 3D/4D Ultrasound Systems
3) By CT Scanners: Multi-slice CT Scanners, Cone Beam CT Scanners, Dual-energy CT Scanners
4) By Angiography Systems: Digital Subtraction Angiography (DSA) Systems, Mobile Angiography Systems, Hybrid Angiography Systems
5) By Fluoroscopy Systems: Fixed Fluoroscopy Systems, Mobile Fluoroscopy Systems, C-arm Fluoroscopy Systems
6) By Biopsy Devices: Needle Biopsy Devices, Vacuum-Assisted Biopsy Devices, Stereotactic Biopsy Devices
7) By Other Products: Contrast Agents, Surgical Navigation Systems, Interventional Accessories

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Which Firms Dominate the Interventional Radiology Market by Market Share and Revenue in 2025?
Major companies operating in the interventional radiology market include Carestream Health Inc., Siemens Aktiengesellschaft, Koninklijke Philips N.V., General Electric Company, Hitachi Ltd., Canon Medical Systems Corporation, Toshiba Medical Systems, Medtronic plc, Shimadzu Corporation, FUJIFILM Holdings Corporation, Hologic Inc., Agfa-Gevaert N.V., Esaote S.p.A., Samsung Medison Co. Ltd., Cook Group Incorporated, Stryker Corporation, Abbott Laboratories, AngioDynamics Inc., B. Braun Melsungen AG, Cardinal Health Inc., C. R. Bard Inc., Terumo Corporation, Merit Medical Systems Inc., Penumbra Inc., BTG International Ltd., Guerbet Group, Medrad Inc., MicroPort Scientific Corporation, Neusoft Medical Systems Co. Ltd., Nordion Inc.

Which Regions Offer the Highest Growth Potential in the Interventional Radiology Market?
North America was the largest region in the interventional radiology global market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the interventional radiology market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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