Key Trends Influencing the Growth of the Vascular Imaging Devices Market in 2025: Advancing Handheld Ultrasound For Rapid Cardiac And Vascular Assessment

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What Is the Expected CAGR for the Vascular Imaging Devices Market Through 2025?
In recent times, the market for vascular imaging devices has seen a notable expansion. The market value is projected to rise from $8 billion in 2024 to $8.4 billion in 2025, marking a compound annual growth rate (CAGR) of 5.0%. Factors contributing to the growth in the previous period include the increased occurrence of cardiovascular illnesses, a rise in global aging population, an uptick in diabetes and obesity rates, extensive research into vascular diseases and their treatments, heightened patient awareness and demand, along with a growing emphasis on cost-effectiveness and efficiency.

What's the Projected Size of the Global Vascular Imaging Devices Market by 2029?
Significant expansion is projected in the market for vascular imaging devices in the forthcoming years, with predictions of a rise to $10.52 billion by 2029, exhibiting a compound annual growth rate (CAGR) of 5.8%. Enhanced resolution, quicker processing velocity, and superior image quality, as well as the integration of AI and machine learning, healthcare cost minimization, and improved reimbursement policies drive this surge in the projection period. Key trends during this period include progress in imaging resolution, avant-garde angiography systems, the utilization of AI algorithms, 3D and 4D imaging, and the integration of wireless technology.

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Top Growth Drivers in the Vascular Imaging Devices Industry: What's Accelerating the Market?
The rise in diabetes and hypertension cases is projected to fuel the demand for vascular imaging devices. Diabetes is a chronic condition characterized by the body's inability to produce or properly utilize insulin. Hypertension, on the other hand, is a medical condition where the blood pressure within the arteries is unusually high. Influenced by higher obesity rates, sedentary lifestyles, unhealthy eating habits, and an aging population, the occurrences of diabetes and hypertension have increased. Vascular imaging devices play a critical role in identifying and monitoring these diseases by providing detailed images of blood vessels, thereby aiding in assessing the impact of these conditions and planning their treatment. For example, a report in August 2022 by the American College of Cardiology, a non-profit medical association based in the U.S., revealed that all four cardiovascular risk factors are predicted to surge in the overall U.S. population between 2025 and 2060. Diabetes is anticipated to see the highest increase (from 39.3% to 55 million), followed by dyslipidemia (from 27.6% to 126 million), hypertension (from 25.1% to 162 million), and obesity(from 18.3% to 126 million). Consequently, the rising incidences of diabetes and hypertension are stimulating growth in the vascular imaging device market.

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Which Fast-Growing Trends Are Poised to Disrupt the Vascular Imaging Devices Market?
Leading enterprises in the vascular imaging devices market are prioritizing the launch of offerings that leverage cutting-edge innovations like wireless handheld ultrasound devices to boost diagnostic precision, augment patient wellbeing, and simplify clinical workflows. These devices, small and portable in nature, facilitate healthcare imaging without the requirement for cords, paving the way for easy and versatile scanning. Illustratively, in August 2023, GE Healthcare, an American medical technology firm, rolled out Vscan Air SL. This mobile, wireless ultrasound device is specially constructed for swift cardiovascular and vascular assessments at the point of care. The recent entry to the Vscan series incorporates GE HealthCare's SignalMax and XDclear technology, delivering outstanding imaging penetration, resolution, and sensitivity amplified by sophisticated single-crystal transducer technology.

What Are the Main Segments in the Vascular Imaging Devices Market?
The vascular imaging devices market covered in this report is segmented -

1) By Type: Minimally Invasive, Non-Invasive
2) By Application: Diagnostics, Therapeutics
3) By End-User: Hospitals, Diagnostic Imaging Centers, Other End Users

Subsegments:
1) By Minimally Invasive: Intravascular Ultrasound (IVUS), Optical Coherence Tomography (OCT), Angiography (Including Catheter-Based Angiography)
2) By Non-Invasive: Magnetic Resonance Angiography (MRA), Computed Tomography Angiography (CTA), Doppler Ultrasound, Color Flow Duplex Ultrasound, Infrared Thermography, Photoacoustic Imaging

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Which Top Companies are Driving Growth in the Vascular Imaging Devices Market?
Major companies operating in the vascular imaging devices market are Samsung Electronics Co. Ltd., Cardinal Health Inc., Abbott Laboratories, Medtronic plc, Siemens Healthineers AG, Koninklijke Philips N.V., GE Healthcare Technologies Inc., B. Braun Melsungen AG, Terumo Corporation, Nipro Corporation, Shimadzu Corporation, Teleflex Incorporated, Bracco Group, Carestream Health Inc., Hitachi Medical Corporation, Canon Medical Systems Corporation, Cardiva Medical Inc., Vasorum Ltd., Morris Innovative Inc., Tecmag Inc., VueTek Scientific LLC, Christie Medical Holdings Inc., Hologic Inc., Toshiba Medical Systems Corporation

Which Regions Will Dominate the Vascular Imaging Devices Market Through 2029?
North America was the largest region in the vascular imaging devices market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the vascular imaging devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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