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Interventional Radiology Market by Product, Procedures & Application - Global Forecast to 2021

Interventional Radiology Market: Global Forecast until 2021

  • March 2017
  • 160 pages
  • ID: 4770692
In this report:
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Summary

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The overall interventional radiology imaging market is forecasted to reach ~$23.5B by 2021 from ~$17.0B in 2016, at a compound annual growth rate (CAGR) of 6.70 percent. The industry is mostly classified into product, procedures, and application.

On the basis of product, the sector is divided into angiography systems, fluoroscopy systems, CT scanners, ultrasound-imaging systems, MRI system, and other devices (C-arm, contrast media injectors, & imaging catheter guidewires). The MRI system segment is expected to account for the biggest share of the market in 2016. Elements such as technological advancements and launches of new product are driving the increase of this segment.

Established on procedure, the sector is divided into angiography, angioplasty, embolization, thrombolysis, vertebroplasty, nephrostomy, and other procedures (biliary drainage, fallopian tube recanalization, cholecystectomy, and carotid-cavernous fistula). The angiography segment is intended to witness the highest rise in this market due to growing prevalence of cardiovascular diseases and the increasing demand for minimally invasive procedures.

By applications, the sector is divided into cardiology, oncology, urology & nephrology, gastroenterology, and other applications (orthopedics, neurology, and gynecology). The oncology segment is forecasted to witness the highest increase in this sector due to growth in the incidence of cancer and increasing demand for minimally invasive procedures.

Geographically, the industry is leaded by, is monopolized by North America continent, succeeded by Europe (EU), Asia area, and the Rest of the globe. Increase in the North American area is primarily influenced by the growth in the prevalence and incidence of chronic diseases and the aging population.

The top players in the sector contain GE Healthcare (GE subsidiary), Siemens Healthcare GmBH, Koninklijke Philips (NYSE:PHG), Toshiba Medical Systems Corporation, Hitachi Medical Corporation, Carestream Health, Incorporated, Esaote S.p.A, Hologic, Inc., Fujifilm Corporation, Samsung Medison, and Shimadzu Corporation.

Segment Research

Apart from comprehensive geographic and product review and sizing of market, the industry report also offers a competitive analysis that includes the increase strategies approved by sector actors over the last three years. Additionally, the corporation reviews include the product types, advancements, and strategies approved by the key market players to maintain and rise their companies in the industry. The abovementioned market research data, current market size, and forecast of the future trends will facilitate market actors and new sector entrants to make the essential decisions regarding product offerings, geographic focus, change in strategic way, and levels of output to remain successful in the market.

Why acquiring this study can help you:

This business report will allow both established firms as well as new entrants/smaller companies to measure the pulse of the sector, which in turn will facilitate these companies collect greater segment market share. Companies obtaining the analysis can use any one or an aggregation of the below-mentioned five strategies to enhance their market shares.

This study furnishes highlights on the following points:

- Business entry: Exhaustive information on the product portfolios of the top actors in the interventional radiology imaging market. The report analyses the interventional radiology imaging market: by product, by procedure, and by application.

- Product improvement/Innovative products: In-depth understanding on the next technologies, Research&development activities, and launches of new product in the interventional radiology imaging market

- Opposing assessment: In-depth assessment of the market strategies, geographic and industry segments, and product review of the main players in the interventional radiology imaging market

- Industry development: Highlighted information about emerging sectors. This industry report examines the sector for different interventional radiology imaging products across geographies

- Industry diversification: Complete information about recent products, untapped areas, recent evolutions, and market investments in the interventional radiology imaging market

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