Intravascular Ultrasound Devices Market Worth US$ 1,012.37 Mn by 2028

Intravascular Ultrasound (IVUS) Devices Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type (Equipment and Accessories); Modality (Virtual Histology IVUS, iMap IVUS, and Integrated Backscatter IVUS); End User (Hospitals and Clinics, Diagnostic Centers, and Academic and Research Institutes)

  • Report Code : TIPRE00009788
  • Category : Medical Device
  • Status : Published
  • No. of Pages : 205
Buy Now

Intravascular Ultrasound Devices Market Worth US$ 1,012.37 Mn by 2028

Buy Now

[Research Report] The intravascular ultrasound (IVUS) devices market is expected to grow from US$ 608.97 million in 2021 to US$ 1,012.37 million by 2028; it is estimated to grow at a CAGR of 7.5% from 2021 to 2028.

The report offers insights and in-depth analysis of the intravascular ultrasound (IVUS) devices market concerning various parameters such as market trends and opportunities, market dynamics, and competitive landscape analysis of leading market players across North America, Europe, Asia-Pacific, South and Central America, and Middle East & Africa. It also includes the impact analysis of the COVID-19 pandemic across the regions.

Customize Research To Suit Your Requirement

We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.

Intravascular Ultrasound (IVUS) Devices Market: Strategic Insights

Intravascular Ultrasound (IVUS) Devices Market

  • CAGR (2021 - 2028)
    7.5%
  • Market Size 2021
    US$ 608.97 Million
  • Market Size 2028
    US$ 1,012.37 Million

Market Dynamics

GROWTH DRIVERS
  • XXXXXXX
  • XXXXXXX
  • XXXXXXX
FUTURE TRENDS
  • XXXXXXX
  • XXXXXXX
  • XXXXXXX
OPPORTUNITIES
  • XXXXXXX
  • XXXXXXX
  • XXXXXXX

Key Players

  • Koninklijke Philips N.V.
  • GE Healthcare
  • Siemens AG
  • Boston Scientific Corporation
  • Infraredx, Inc.
  • Terumo Corporation
  • Axle International
  • Conavi Medical Inc.
  • Canon Medical Systems

Regional Overview

  • North America
  • Europe
  • Asia-Pacific
  • South and Central America
  • Middle East and Africa

Market Segmentation

Type
  • Equipment and Accessories
Modality
  • Virtual Histology IVUS
  • iMap IVUS
  • Integrated Backscatter IVUS
End User
  • Hospitals and Clinics
  • Diagnostic Centers
  • Academic and Research Institutes
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.

Market Insights

Rise in Cardiovascular Disorders

CVDs continue to be the most significant cause of morbidity and mortality worldwide. An unhealthy diet is the most crucial lifestyle factor that leads to CVDs. According to the WHO, CVDs are one of the causes of death accounting for nearly 17.9 million deaths worldwide in 2019.

A few of the primary risk factors of CVDs include family history, ethnicity, age, and other risk factors: tobacco consumption, hypertension, obesity, high cholesterol, physical inactivity, diabetes, unhealthy diets, and alcohol consumption. The majority of CVDs can be prevented through pre-monitoring and pre-diagnosis using intravascular ultrasound devices. Therefore, the growing number of CVDs is propelling the demand for intravascular ultrasound devices.

Due to the COVID-19 pandemic, the demand for intravascular ultrasound (IVUS) devices has increased. The intravascular ultrasound (IVUS) devices market in Asia Pacific is likely to expand at a rapid pace in the near future. This expansion can be majorly attributed to the availability of trained and well-qualified technicians and rise in adoption of technologically advanced diagnostic equipment.

Modality-Based Insights

Based on modality, the intravascular ultrasound (IVUS) devices market is segmented into virtual histology IVUS, iMap IVUS, and integrated backscatter IVUS. In 2021, virtual histology IVUS segment held a larger market share. However, the iMap IVUS segment is estimated to register a higher CAGR of 8.0% during the forecast period.

Intravascular Ultrasound Devices Market Report Scope

Report Attribute Details
Market size in 2021 US$ 608.97 Million
Market Size by 2028 US$ 1,012.37 Million
Global CAGR (2021 - 2028) 7.5%
Historical Data 2019-2020
Forecast period 2022-2028
Segments Covered By Type
  • Equipment and Accessories
By Modality
  • Virtual Histology IVUS
  • iMap IVUS
  • Integrated Backscatter IVUS
By End User
  • Hospitals and Clinics
  • Diagnostic Centers
  • Academic and Research Institutes
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Koninklijke Philips N.V.
  • GE Healthcare
  • Siemens AG
  • Boston Scientific Corporation
  • Infraredx, Inc.
  • Terumo Corporation
  • Axle International
  • Conavi Medical Inc.
  • Canon Medical Systems
    • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.

    Type-Based Insights

    Based on type, the intravascular ultrasound (IVUS) devices market is segmented into equipment and accessories. In 2021, the accessories segment held a larger market share, and the same segment is estimated to register a higher CAGR of 7.7% in the market during the forecast period

    End User-Based Insights

    Based on end user, the intravascular ultrasound (IVUS) devices market is segmented into hospitals and clinics, diagnostic centers, and academic and research institutes. In 2021, hospitals and clinics segment held a larger market share. However, the diagnostic centers segment is estimated to register a higher CAGR of 7.9% during the forecast period

     

    Companies commonly adopt inorganic strategies such as mergers and acquisitions to cater to changing customer demands and maintain their brand names worldwide. Players operating in the intravascular ultrasound (IVUS) devices market also adopt organic strategies, such as product launch and expansion, to outstretch their footprint and product portfolio worldwide and meet the growing demand.

    By Type

    • Equipment
      • Catheters
      • Guidewires
      • Others
    • Accessories

    By Modality

    • Virtual Histology IVUS
    • iMap IVUS
    • Integrated Backscatter IVUS

    By End User

    • Hospitals and Clinics
    • Academic and Research Institutes
    • Diagnostic Centers

    By Geography

    • North America
      • US
      • Canada
      • Mexico
    • Europe
      • UK
      • Germany
      • France
      • Italy
      • Spain
      • Rest of Europe
    • Asia Pacific
      • China
      • Japan
      • India
      • Australia
      • South Korea
      • Rest of Asia Pacific
    • Middle East & Africa
      • UAE
      • Saudi Arabia
      • Africa
      • Rest of Middle East & Africa
    • South and Central America
      • Brazil
      • Argentina
      • Rest of South and Central America

    Company Profiles

    • Koninklijke Philips N.V.
    • GE Healthcare
    • Siemens AG
    • Boston Scientific Corporation
    • Infraredx, Inc.
    • Terumo Corporation
    •  Axle International
    • Conavi Medical Inc.
    • Canon Medical Systems
    • Abbott
    • ACIST Medical System
    Report Coverage
    Report Coverage

    Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

    Segment Covered
    Segment Covered

    Type, Modality, End User

    Regional Scope
    Regional Scope

    North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

    Country Scope
    Country Scope

    Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Saudi Arabia, South Africa, South Korea, Spain, United Arab Emirates, United Kingdom, United States

    Frequently Asked Questions


    Who are the key players in the Intravascular Ultrasound (IVUS) Devices market?

    Koninklijke Philips N.V.; GE Healthcare; Siemens AG; Boston Scientific Corporation; Infraredx, INC.; Terumo Corporation; Axle International; Conavi Medical Inc.; Canon Medical Systems; Abbott, and ACIST Medical System are among the leading companies operating in the high throughput screening market.

    What will be the CAGR of Intravascular Ultrasound (IVUS) Devices market?

    The market is estimated to grow with a CAGR of 7.5% from 2021 to 2028.

    What are the driving factors for the Intravascular Ultrasound (IVUS) Devices market across the NA, EU, APAC, SCAM, and MEA regions?

    Key factors such as the high prevalence of coronary artery diseases coupled with the increasing focus of numerous countries on building robust healthcare infrastructure will contribute to the expansion of the intravascular ultrasound devices market.

    What is Intravascular Ultrasound (IVUS) Devices?

    Intravascular Ultrasound (IVUS) is a catheter-based diagnostic technique used to diagnose and treat both arteries and veins. Ultrasound does not use or produce any ionizing radiation, has no known harmful effects, and can provide clear images of soft tissues that are not well seen on x-ray images.

    The List of Companies - Intravascular Ultrasound (IVUS) Devices Market

    1. Koninklijke Philips N.V.
    2. GE Healthcare
    3. Siemens AG
    4. Boston Scientific Corporation
    5. Infraredx, Inc.
    6. Terumo Corporation
    7. Axle International
    8. Conavi Medical Inc.
    9. Canon Medical Systems
    10. Abbott
    11. ACIST Medical System

    Trends and growth analysis reports related to Medical Device : READ MORE..