Market Overview:
The global interventional radiology market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of chronic diseases, rising demand for minimally invasive procedures, and technological advancements in interventional radiology equipment. The global interventional radiology market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into MRI system, ultrasound imaging system, CT scanner, and angiography system. The MRI system segment is expected to account for the largest share of the global interventional radiology market in 2018 owing to its high usage rates for diagnostic as well as therapeutic purposes. Oncology accounted for the largest share of applications in 2017 and this trend is projected to continue duringthe forecast period owingto rising incidencesof cancer worldwide.
Product Definition:
Interventional Radiology is a medical specialty that uses imaging technology to guide needles and tubes through the skin into the body to treat diseases.
MRI System:
Magnetic Resonance Imaging (MRI) system is a diagnostic device that uses magnetic field and radio waves to produce images of body tissues. MRI systems are used in interventional radiology procedures for the diagnosis of diseases or injuries. It creates 3D image volumes by spinning the patient inside powerful magnetic field, which causes hydrogen nuclei to resonate at specific frequencies giving off distinctive signals when they encounter electromagnetic radiation.
Ultrasound Imaging System:
Ultrasound imaging is a diagnostic medical device that creates and displays images of internal body organs, tissues, and blood vessels with the help of high frequency sound waves. The ultrasound imaging system works on the basis of echogenicity (the ability of an object to reflect ultrasound beams). Ultrasound imaging is used in interventional radiology to locate areas which need biopsy or staining for cancer detection.
Application Insights:
The oncology segment dominated the global market in 2017. This can be attributed to factors such as an increase in cancer prevalence and number of new cancer cases diagnosed annually. According to the World Health Organization (WHO), around 1,633 new cases were reported globally every day in 2018. The cardiology segment is expected to witness a lucrative CAGR during the forecast period owing to factors such as rising demand for diagnostic solutions and technological advancements that have led to improved diagnosis rates for patients suffering from heart conditions.
MRI systems are widely used across cardiology applications due largely their ability provide detailed images of blood vessels and soft tissue structures within the body without any additional equipment or radiation exposure other than that caused by natural background radiation.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to the presence of well-established healthcare facilities, high adoption rate of advanced diagnostic technologies, and availability of highly skilled interventional radiologists. Moreover, increasing prevalence of target diseases such as cancer and cardiovascular disorders is expected to boost the demand for CT scans and MRIs in this region. For instance, according to statistics published by American Cancer Society in 2018; more than 1.7 million new cases were estimated to be diagnosed in U.S., with about 600 thousand men & women will die due to it during the year 2020 (as per CDC).
Growth Factors:
- Increasing incidence of cancer and other diseases requiring Interventional Radiology procedures.
- Growing demand for minimally invasive procedures.
- Advances in technology and equipment that allow for more accurate and efficient interventions.
- Rising number of trained specialists in the field of Interventional Radiology.
Scope Of The Report
Report Attributes
Report Details
Report Title
Interventional Radiology Market Research Report
By Type
MRI System, Ultrasound Imaging System, CT Scanner, Angiography System
By Application
Cardiology, Oncology, Urology & Nephrology
By Companies
GE HEALTHCARE, SIEMENS, KONINKLIJKE PHILIPS, TOSHIBA MEDICAL SYSTEMS, HITACHI MEDICAL, CARESTREAM HEALTH, ESAOTE, HOLOGIC, SAMSUNG MEDISON
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
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Interventional Radiology Market Report Segments:
The global Interventional Radiology market is segmented on the basis of:
Types
MRI System, Ultrasound Imaging System, CT Scanner, Angiography 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
Cardiology, Oncology, Urology & Nephrology
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
- KONINKLIJKE PHILIPS
- TOSHIBA MEDICAL SYSTEMS
- HITACHI MEDICAL
- CARESTREAM HEALTH
- ESAOTE
- HOLOGIC
- SAMSUNG MEDISON
Highlights of The Interventional Radiology 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
- By Application:
- Cardiology
- Oncology
- Urology & Nephrology
- 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 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Understanding Competition Scenario
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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 is a type of medical imaging that uses radiation therapy and other procedures to diagnose and treat diseases.
Some of the major players in the interventional radiology market are GE HEALTHCARE, SIEMENS, KONINKLIJKE PHILIPS, TOSHIBA MEDICAL SYSTEMS, HITACHI MEDICAL, CARESTREAM HEALTH, ESAOTE, HOLOGIC, SAMSUNG MEDISON.
The interventional radiology market is expected to register a CAGR of 7.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Interventional Radiology Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Interventional Radiology Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Interventional Radiology Market - Supply Chain
4.5. Global Interventional Radiology Market Forecast
4.5.1. Interventional Radiology Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Interventional Radiology Market Size (000 Units) and Y-o-Y Growth
4.5.3. Interventional Radiology Market Absolute $ Opportunity
5. Global Interventional Radiology Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Interventional Radiology Market Size and Volume Forecast by Type
5.3.1. MRI System
5.3.2. Ultrasound Imaging System
5.3.3. CT Scanner
5.3.4. Angiography System
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Interventional Radiology Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Interventional Radiology Market Size and Volume Forecast by Application
6.3.1. Cardiology
6.3.2. Oncology
6.3.3. Urology & Nephrology
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Interventional Radiology Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Interventional Radiology Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Interventional Radiology Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Interventional Radiology Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Interventional Radiology Demand Share Forecast, 2019-2029
9. North America Interventional Radiology Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Interventional Radiology Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Interventional Radiology Market Size and Volume Forecast by Application
9.4.1. Cardiology
9.4.2. Oncology
9.4.3. Urology & Nephrology
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Interventional Radiology Market Size and Volume Forecast by Type
9.7.1. MRI System
9.7.2. Ultrasound Imaging System
9.7.3. CT Scanner
9.7.4. Angiography System
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Interventional Radiology Demand Share Forecast, 2019-2029
10. Latin America Interventional Radiology Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Interventional Radiology Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Interventional Radiology Market Size and Volume Forecast by Application
10.4.1. Cardiology
10.4.2. Oncology
10.4.3. Urology & Nephrology
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Interventional Radiology Market Size and Volume Forecast by Type
10.7.1. MRI System
10.7.2. Ultrasound Imaging System
10.7.3. CT Scanner
10.7.4. Angiography System
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Interventional Radiology Demand Share Forecast, 2019-2029
11. Europe Interventional Radiology Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Interventional Radiology Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Interventional Radiology Market Size and Volume Forecast by Application
11.4.1. Cardiology
11.4.2. Oncology
11.4.3. Urology & Nephrology
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Interventional Radiology Market Size and Volume Forecast by Type
11.7.1. MRI System
11.7.2. Ultrasound Imaging System
11.7.3. CT Scanner
11.7.4. Angiography System
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Interventional Radiology Demand Share, 2019-2029
12. Asia Pacific Interventional Radiology Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Interventional Radiology Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Interventional Radiology Market Size and Volume Forecast by Application
12.4.1. Cardiology
12.4.2. Oncology
12.4.3. Urology & Nephrology
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Interventional Radiology Market Size and Volume Forecast by Type
12.7.1. MRI System
12.7.2. Ultrasound Imaging System
12.7.3. CT Scanner
12.7.4. Angiography System
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Interventional Radiology Demand Share, 2019-2029
13. Middle East & Africa Interventional Radiology Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Interventional Radiology Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Interventional Radiology Market Size and Volume Forecast by Application
13.4.1. Cardiology
13.4.2. Oncology
13.4.3. Urology & Nephrology
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Interventional Radiology Market Size and Volume Forecast by Type
13.7.1. MRI System
13.7.2. Ultrasound Imaging System
13.7.3. CT Scanner
13.7.4. Angiography System
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Interventional Radiology Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Interventional Radiology Market: Market Share Analysis
14.2. Interventional Radiology Distributors and Customers
14.3. Interventional Radiology Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. GE HEALTHCARE
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. SIEMENS
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. KONINKLIJKE PHILIPS
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. TOSHIBA MEDICAL SYSTEMS
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. HITACHI MEDICAL
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. CARESTREAM HEALTH
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. ESAOTE
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. HOLOGIC
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. SAMSUNG MEDISON
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
