Market Overview:
The global interventional radiology equipment market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of cancer, technological advancements in interventional radiology equipment, and rising demand for minimally invasive procedures. Oncology is the largest application segment of the global interventional radiology equipment market and is expected to grow at a CAGR of 6.1% during the forecast period from 2018 to 2030. This growth can be attributed to increasing incidence of cancer and growing demand for minimally invasive procedures for treatment of cancer patients.
Product Definition:
Interventional radiology equipment is a type of medical imaging technology that allows physicians to diagnose and treat medical conditions without surgery. This type of equipment includes various devices such as catheters, stents, and balloons that can be inserted into the body through tiny incisions. These devices are used to guide treatments such as radiation therapy or chemotherapy directly to the site of the problem. Interventional radiology equipment is often used to treat cancer, heart disease, and other conditions.
MRI System:
Magnetic Resonance Imaging (MRI) system is a diagnostic device used for identifying diseases or injuries in the body. It creates images of soft tissues without the use of ionizing radiation, fluorescent light or X-ray. MRI systems are majorly used for interventional radiology procedures and can be used as an emergency equipment to save a patient's life.
Ultrasound Imaging System:
Ultrasound imaging system is a diagnostic medical device that creates and displays images of internal body organs, tissues, and blood vessels using high frequency sound waves. It's used in interventional radiology to locate the site of bleeding or blockage in blood vessels. Ultrasound imaging system market includes products such as transducers, catheters, probes & accessories along with software & services provided by manufacturers for image guidance.
Global ultrasound imaging systems.
Application Insights:
The oncology segment dominated the global market in 2017. This can be attributed to an increase in cancer prevalence and a rise in the number of deaths due to cancer. According to WHO, around 1 in 6 women and 1 out of 5 men are estimated to develop cancer during their life span. Moreover, as per estimates by the American Cancer Society, around 2,170 new cases were reported globally in 2018 and it is estimated that more than 910,000 people will be diagnosed with this disease this year worldwide. These factors indicate a significant growth potential for oncology applications within interventional radiology equipment market over the forecast period.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to the presence of well-established healthcare facilities, advanced diagnostic technologies, and high adoption rate of interventional radiology procedures. Moreover, increasing cases of cancer are driving the demand for CT scans and MRI in this region. For instance, according to statistics published by American Cancer Society in 2018; 1 out of 4 U.
Growth Factors:
- Increasing incidence of cancer and other diseases requiring Interventional Radiology procedures.
- Growing demand for minimally invasive surgeries.
- Advances in technology and equipment that make Interventional Radiology procedures less invasive and more accurate.
- Rising healthcare expenditure by governments and private insurers to cover the cost of Interventional Radiology procedures. 5 Increased use of Interventional Radiology in combination with other medical specialties, such as oncology, cardiology, and neurology
Scope Of The Report
Report Attributes
Report Details
Report Title
Interventional Radiology Equipment Market Research Report
By Type
MRI System, Ultrasound Imaging System, CT Scanner, Angiography System, Fluoroscopy System, Biopsy System
By Application
Oncology, Cardiology, Urology & Nephrology, Gastroenterology, Other Applications
By Companies
GE Healthcare, Siemens AG, Koninklijke Philips N.V., Canon Medical Systems, Hitachi Medical, Carestream Health, Esaote S.P.A., Hologic Inc., Shimadzu Corporation, Samsung Medison, GE Healthcare
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
156
Number of Tables & Figures
110
Customization Available
Yes, the report can be customized as per your need.
Global Interventional Radiology Equipment Market Report Segments:
The global Interventional Radiology Equipment market is segmented on the basis of:
Types
MRI System, Ultrasound Imaging System, CT Scanner, Angiography System, Fluoroscopy System, Biopsy System
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Oncology, Cardiology, Urology & Nephrology, Gastroenterology, Other Applications
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- GE Healthcare
- Siemens AG
- Koninklijke Philips N.V.
- Canon Medical Systems
- Hitachi Medical
- Carestream Health
- Esaote S.P.A.
- Hologic Inc.
- Shimadzu Corporation
- Samsung Medison
- GE Healthcare
Highlights of The Interventional Radiology Equipment Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- MRI System
- Ultrasound Imaging System
- CT Scanner
- Angiography System
- Fluoroscopy System
- Biopsy System
- By Application:
- Oncology
- Cardiology
- Urology & Nephrology
- Gastroenterology
- Other Applications
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Interventional Radiology Equipment Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Interventional radiology equipment is a type of medical equipment that helps doctors diagnose and treat diseases. This includes devices used to image the body using X-rays, ultrasound, or MRI.
Some of the key players operating in the interventional radiology equipment market are GE Healthcare, Siemens AG, Koninklijke Philips N.V., Canon Medical Systems, Hitachi Medical, Carestream Health, Esaote S.P.A., Hologic Inc., Shimadzu Corporation, Samsung Medison, GE Healthcare.
The interventional radiology equipment market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Interventional Radiology Equipment Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Interventional Radiology Equipment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Interventional Radiology Equipment Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Interventional Radiology Equipment Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Interventional Radiology Equipment Market Size & Forecast, 2020-2028
4.5.1 Interventional Radiology Equipment Market Size and Y-o-Y Growth
4.5.2 Interventional Radiology Equipment Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 MRI System
5.2.2 Ultrasound Imaging System
5.2.3 CT Scanner
5.2.4 Angiography System
5.2.5 Fluoroscopy System
5.2.6 Biopsy System
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Oncology
6.2.2 Cardiology
6.2.3 Urology & Nephrology
6.2.4 Gastroenterology
6.2.5 Other Applications
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Interventional Radiology Equipment Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Interventional Radiology Equipment Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 MRI System
9.6.2 Ultrasound Imaging System
9.6.3 CT Scanner
9.6.4 Angiography System
9.6.5 Fluoroscopy System
9.6.6 Biopsy System
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Oncology
9.10.2 Cardiology
9.10.3 Urology & Nephrology
9.10.4 Gastroenterology
9.10.5 Other Applications
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 MRI System
10.6.2 Ultrasound Imaging System
10.6.3 CT Scanner
10.6.4 Angiography System
10.6.5 Fluoroscopy System
10.6.6 Biopsy System
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Oncology
10.10.2 Cardiology
10.10.3 Urology & Nephrology
10.10.4 Gastroenterology
10.10.5 Other Applications
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 MRI System
11.6.2 Ultrasound Imaging System
11.6.3 CT Scanner
11.6.4 Angiography System
11.6.5 Fluoroscopy System
11.6.6 Biopsy System
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Oncology
11.10.2 Cardiology
11.10.3 Urology & Nephrology
11.10.4 Gastroenterology
11.10.5 Other Applications
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 MRI System
12.6.2 Ultrasound Imaging System
12.6.3 CT Scanner
12.6.4 Angiography System
12.6.5 Fluoroscopy System
12.6.6 Biopsy System
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Oncology
12.10.2 Cardiology
12.10.3 Urology & Nephrology
12.10.4 Gastroenterology
12.10.5 Other Applications
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 MRI System
13.6.2 Ultrasound Imaging System
13.6.3 CT Scanner
13.6.4 Angiography System
13.6.5 Fluoroscopy System
13.6.6 Biopsy System
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Oncology
13.10.2 Cardiology
13.10.3 Urology & Nephrology
13.10.4 Gastroenterology
13.10.5 Other Applications
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Interventional Radiology Equipment Market: Competitive Dashboard
14.2 Global Interventional Radiology Equipment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 GE Healthcare
14.3.2 Siemens AG
14.3.3 Koninklijke Philips N.V.
14.3.4 Canon Medical Systems
14.3.5 Hitachi Medical
14.3.6 Carestream Health
14.3.7 Esaote S.P.A.
14.3.8 Hologic Inc.
14.3.9 Shimadzu Corporation
14.3.10 Samsung Medison
14.3.11 GE Healthcare
