Rising Cardiovascular Disease Prevalence Fuels Intravascular Ultrasound Market Growth: Powering Innovation and Expansion in the Global Intravascular Ultrasound Market by 2025

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What Is the Expected CAGR for the Intravascular Ultrasound Market Through 2025?
The market dedicated to intravascular ultrasound has seen substantial expansion recently, projected to increase its value from $2.49 billion in the year 2024 to $2.71 billion in 2025, reflecting a compound annual growth rate of 8.9%; this upward trend during the historical period stems from several factors, namely a higher incidence of cardiovascular ailments, a trend towards more procedures that are minimally invasive, an expanding elderly demographic, the development of medical facilities, and augmented spending on healthcare.

What's the Projected Size of the Global Intravascular Ultrasound Market by 2029?
Anticipating robust expansion, the intravascular ultrasound sector is projected to reach a valuation of $3.8 billion by the year 2029, clocking in with a compound annual growth rate of 8.9% across the upcoming period. This upward trajectory is fueled by several key factors, including the increasing utilization of IVUS during coronary procedures, heightened global consciousness regarding the timely identification and therapeutic management of cardiac ailments, continuous innovation leading to the creation of superior high-definition IVUS catheters, a spike in investigative and development efforts within the medical imaging domain, and the escalating incidence rates of diabetes. Significant overarching developments characterizing this forecast timeframe encompass the broader embrace of IVUS technology, integration of artificial intelligence and machine learning methodologies, the engineering evolution toward smaller, more transportable IVUS apparatuses, the deployment of three-dimensional IVUS visualization techniques for enhanced clarity, improvements in image fidelity, and the introduction of systems providing instantaneous operational feedback.

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Top Growth Drivers in the Intravascular Ultrasound Industry: What's Accelerating the Market?
Anticipated expansion within the intravascular ultrasound market is directly linked to the increasing incidence of cardiovascular diseases (CVDs), which encompass various conditions impacting the heart and circulatory system. This growing prevalence stems from several lifestyle factors, including insufficient exercise, poor dietary habits, tobacco use, persistent stress, and heavy alcohol intake. Intravascular Ultrasound (IVUS) serves as a crucial instrument for handling these cardiac ailments by supplying in-depth visual data from within blood vessels, especially the coronary arteries, thereby substantially improving both the identification and therapeutic management of diverse cardiological issues. To illustrate the scale, data released in September 2024 by the British Heart Foundation, a charity dedicated to heart research in the UK, indicated that roughly 7.6 million individuals in that nation suffer from heart and circulatory conditions, split between about 4 million men and 3.6 million women. These affections account for nearly 27 percent of all fatalities there, amounting to over 170,000 yearly deaths, which averages out to roughly 480 daily fatalities, or one loss of life every three minutes; consequently, the escalating burden of CVDs is acting as a catalyst for the expansion of the intravascular ultrasound sector.

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What Trends Will Shape the Intravascular Ultrasound Market Through 2029 and Beyond?
Key industry participants within the intravascular ultrasound sector are concentrating their efforts on advancing sonic lumen tomography (SLT) technology, aiming to boost diagnostic precision, enable superior choices during cardiac interventions, and consequently elevate the results achieved for patients. SLT technology significantly upgrades the clarity of blood vessel visualization by delivering detailed, sectional views of both the vessel lumen (the inner channel) and the surrounding vessel walls. As an illustration of this progress, in May 2024, the American medical device company Provisio Medical Inc. introduced its Provisio SLT Intravascular ultrasound (IVUS) system, which incorporates the SLT IVUS P1 unit alongside the specialized SLT IVUS support crossing catheter. By integrating Sonic Lumen Tomography into their primary support crossing catheters, Provisio refines how vessel dimension data is gathered and displayed, offering the advantage of quicker data capture, less reliance on contrast agents, and diminished radiation dosage, all while maintaining seamless operational continuity for the healthcare provider.

What Are the Main Segments in the Intravascular Ultrasound Market?
The intravascular ultrasoundmarket 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

Subsegments:
1) By Platform Intravascular Ultrasound: Console-Based Systems; Catheter-Based Systems
2) By Compact Intravascular Ultrasound: Portable Systems; Handheld Systems

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Which Top Companies are Driving Growth in the 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.

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

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