The intravascular ultrasound market is anticipated to grow in the forecast period owing to key factors such as increasing demand for effective diagnostic cardiovascular imaging techniques, growth in incidence of chronic diseases. Moreover, technological advancements in image guided therapeutic treatment offer opportunities in the growth of the market.
The "Global Intravascular Ultrasound Market Analysis to 2028" is a specialized and in-depth study of the medical devices industry with a focus on the global market trend. The report aims to provide an overview of global intravascular ultrasound market with detailed market segmentation by modality, product, end user and geography. The global intravascular ultrasound market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Intravascular Ultrasound market players and offers key trends and opportunities in the market.
The global intravascular ultrasound market is segmented on the basis of modality, product and end user. Based on modality, the intravascular ultrasound market is segmented as virtual histology IVUS, iMap IVUS and integrated backscatter IVUS. Based on product, the intravascular ultrasound market is segmented as consoles, catheters, guidewires, and others. Based on end user, the intravascular ultrasound market is segmented as hospitals, diagnostic centers and academic & research institutes.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global intravascular ultrasound market based on modality, product, and end user. It also provides market size and forecast till 2028 for overall market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Intravascular Ultrasound market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 13 countries globally along with current trend and opportunities prevailing in the region.
North America is expected to contribute to the largest share in the intravascular ultrasound market in the forecast period, due to the increasing incidence of cardiovascular diseases, in this region. However, Asia Pacific region is expected to be the fastest growing region owing to the governments in developing economies such as India and China are rising their focus on providing cost-effective medical imaging solutions by adapting various imaging technologies including tele-medicine.
The report analyzes factors affecting intravascular ultrasound market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the intravascular ultrasound market in these regions.
The report also includes the profiles of key intravascular ultrasound companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years. Some of the key players operating in the intravascular ultrasound market include, GENERAL ELECTRIC, Koninklijke Philips N.V., CANON MEDICAL SYSTEMS CORPORATION, Siemens AG, TERUMO CORPORATION, Hitachi, Ltd., Samsung Medison Co., Ltd., Shenzhen Mindray Bio-Medical Electronics Co., Ltd., Fujifilm Holdings Corporation, and Infraredx, Inc. among others.
REGIONAL FRAMEWORK
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1. Intravascular Ultrasound Market- By Modality
1.3.2. Intravascular Ultrasound Market- By Product
1.3.3. Intravascular Ultrasound Market- By End User
1.3.4. Intravascular Ultrasound Market- By Region
1.3.4.1. By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. INTRAVASCULAR ULTRASOUND MARKET LANDSCAPE
4.1. MARKET OVERVIEW
4.2. PEST ANALYSIS
4.2.1. North America - PEST Analysis
4.2.2. Europe - PEST Analysis
4.2.3. Asia Pacific - PEST Analysis
4.2.4. Middle East & Africa - PEST Analysis
4.2.5. South and Central America - PEST Analysis
5. INTRAVASCULAR ULTRASOUND MARKET- KEY INDUSTRY DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. INTRAVASCULAR ULTRASOUND MARKET- GLOBAL ANALYSIS
6.1. INTRAVASCULAR ULTRASOUND MARKET - GLOBAL MARKET OVERVIEW
6.2. INTRAVASCULAR ULTRASOUND MARKET - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/ MARKET SHARE OF KEY PLAYERS
7. INTRAVASCULAR ULTRASOUND MARKET REVENUE AND FORECASTS TO 2028 - MODALITY
7.1. OVERVIEW
7.2. MODALITY MARKET FORECASTS AND ANALYSIS
7.3. VIRTUAL HISTOLOGY IVUS MARKET
7.3.1. Overview
7.3.2. Virtual Histology IVUS Market Forecast and Analysis (US$ Mn)
7.4. IMAP IVUS MARKET
7.4.1. Overview
7.4.2. iMap IVUS Market Forecast and Analysis (US$ Mn)
7.5. INTEGRATED BACKSCATTER IVUS MARKET
7.5.1. Overview
7.5.2. Integrated Backscatter IVUS Market Forecast and Analysis (US$ Mn)
8. INTRAVASCULAR ULTRASOUND MARKET REVENUE AND FORECASTS TO 2028- PRODUCT
8.1. OVERVIEW
8.2. PRODUCT MARKET FORECASTS AND ANALYSIS
8.3. CONSOLES MARKET
8.3.1. Overview
8.3.2. Consoles Market Forecast and Analysis (US$ Mn)
8.4. CATHETERS MARKET
8.4.1. Overview
8.4.2. Catheters Market Forecast and Analysis (US$ Mn)
8.5. GUIDEWIRES MARKET
8.5.1. Overview
8.5.2. Guidewires Market Forecast and Analysis (US$ Mn)
8.6. OTHERS MARKET
8.6.1. Overview
8.6.2. Others Market Forecast and Analysis (US$ Mn)
9. INTRAVASCULAR ULTRASOUND MARKET REVENUE AND FORECASTS TO 2028 - END USER
9.1. OVERVIEW
9.2. END USER MARKET FORECASTS AND ANALYSIS
9.3. HOSPITALS MARKET
9.3.1. Overview
9.3.2. Hospitals Market Forecast and Analysis (US$ Mn)
9.4. DIAGNOSTIC CENTERS MARKET
9.4.1. Overview
9.4.2. Diagnostic Centers Market Forecast and Analysis (US$ Mn)
9.5. ACADEMIC & RESEARCH INSTITUTES MARKET
9.5.1. Overview
9.5.2. Academic & Research Institutes Market Forecast and Analysis (US$ Mn)
10. INTRAVASCULAR ULTRASOUND MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA INTRAVASCULAR ULTRASOUND MARKET
10.1.1. North America Intravascular Ultrasound Market Forecasts and Analysis (US$ Mn)
10.1.2. North America Intravascular Ultrasound Market Forecasts and Analysis - By Modality (US$ Mn)
10.1.3. North America Intravascular Ultrasound Market Forecasts and Analysis - By Product (US$ Mn)
10.1.4. North America Intravascular Ultrasound Market Forecasts and Analysis - By End user (US$ Mn)
10.1.5. North America Intravascular Ultrasound Market Forecasts and Analysis - By Country
10.1.6. US Market Overview
10.1.6.1. US Intravascular Ultrasound Market Forecasts and Analysis - By Modality (US$ Mn)
10.1.6.2. US Intravascular Ultrasound Market Forecasts and Analysis - By Product (US$ Mn)
10.1.6.3. US Intravascular Ultrasound Market Forecasts and Analysis - By End user (US$ Mn)
10.1.7. Canada Market Overview
10.1.7.1. Canada Intravascular Ultrasound Market Forecasts and Analysis - By Modality (US$ Mn)
10.1.7.2. Canada Intravascular Ultrasound Market Forecasts and Analysis - By Product (US$ Mn)
10.1.7.3. Canada Intravascular Ultrasound Market Forecasts and Analysis - By End user (US$ Mn)
10.1.8. Mexico Market Overview
10.1.8.1. Mexico Intravascular Ultrasound Market Forecasts and Analysis - By Modality (US$ Mn)
10.1.8.2. Mexico Intravascular Ultrasound Market Forecasts and Analysis - By Product (US$ Mn)
10.1.8.3. Mexico Intravascular Ultrasound Market Forecasts and Analysis - By End user (US$ Mn)
10.2. EUROPE INTRAVASCULAR ULTRASOUND MARKET
10.2.1. Europe Intravascular Ultrasound Market Forecasts and Analysis (US$ Mn)
10.2.2. Europe Intravascular Ultrasound Market Forecasts and Analysis - By Modality (US$ Mn)
10.2.3. Europe Intravascular Ultrasound Market Forecasts and Analysis - By Product (US$ Mn)
10.2.4. Europe Intravascular Ultrasound Market Forecasts and Analysis - By End user (US$ Mn)
10.2.5. Europe Intravascular Ultrasound Market Forecasts and Analysis - By Country
10.2.6. UK Market Overview
10.2.6.1. UK Intravascular Ultrasound Market Forecasts and Analysis - By Modality (US$ Mn)
10.2.6.2. UK Intravascular Ultrasound Market Forecasts and Analysis - By Product (US$ Mn)
10.2.6.3. UK Intravascular Ultrasound Market Forecasts and Analysis - By End user (US$ Mn)
10.2.7. Germany Market Overview
10.2.7.1. Germany Intravascular Ultrasound Market Forecasts and Analysis - By Modality (US$ Mn)
10.2.7.2. Germany Intravascular Ultrasound Market Forecasts and Analysis - By Product (US$ Mn)
10.2.7.3. Germany Intravascular Ultrasound Market Forecasts and Analysis - By End user (US$ Mn)
10.2.8. France Market Overview
10.2.8.1. France Intravascular Ultrasound Market Forecasts and Analysis - By Modality (US$ Mn)
10.2.8.2. France Intravascular Ultrasound Market Forecasts and Analysis - By Product (US$ Mn)
10.2.8.3. France Intravascular Ultrasound Market Forecasts and Analysis - By End user (US$ Mn)
10.3. ASIA PACIFIC INTRAVASCULAR ULTRASOUND MARKET
10.3.1. Asia Pacific Intravascular Ultrasound Market Forecasts and Analysis (US$ Mn)
10.3.2. Asia Pacific Intravascular Ultrasound Market Forecasts and Analysis - By Modality (US$ Mn)
10.3.3. Asia Pacific Intravascular Ultrasound Market Forecasts and Analysis - By Product (US$ Mn)
10.3.4. Asia Pacific Intravascular Ultrasound Market Forecasts and Analysis - By End user (US$ Mn)
10.3.5. Asia Pacific Intravascular Ultrasound Market Forecasts and Analysis - By Country
10.3.6. China Market Overview
10.3.6.1. China Intravascular Ultrasound Market Forecasts and Analysis - By Modality (US$ Mn)
10.3.6.2. China Intravascular Ultrasound Market Forecasts and Analysis - By Product (US$ Mn)
10.3.6.3. China Intravascular Ultrasound Market Forecasts and Analysis - By End user (US$ Mn)
10.3.7. Japan Market Overview
10.3.7.1. Japan Intravascular Ultrasound Market Forecasts and Analysis - By Modality (US$ Mn)
10.3.7.2. Japan Intravascular Ultrasound Market Forecasts and Analysis - By Product (US$ Mn)
10.3.7.3. Japan Intravascular Ultrasound Market Forecasts and Analysis - By End user (US$ Mn)
10.3.8. India Market Overview
10.3.8.1. India Intravascular Ultrasound Market Forecasts and Analysis - By Modality (US$ Mn)
10.3.8.2. India Intravascular Ultrasound Market Forecasts and Analysis - By Product (US$ Mn)
10.3.8.3. India Intravascular Ultrasound Market Forecasts and Analysis - By End user (US$ Mn)
10.4. MIDDLE EAST AND AFRICA (MEA) INTRAVASCULAR ULTRASOUND MARKET
10.4.1. Middle East and Africa (MEA) Intravascular Ultrasound Market Forecasts and Analysis (US$ Mn)
10.4.2. Middle East and Africa (MEA) Intravascular Ultrasound Market Forecasts and Analysis - By Modality (US$ Mn)
10.4.3. Middle East and Africa Intravascular Ultrasound Market Forecasts and Analysis - By Product (US$ Mn)
10.4.4. Middle East and Africa (MEA) Intravascular Ultrasound Market Forecasts and Analysis - By End user (US$ Mn)
10.4.5. Middle East and Africa (MEA) Intravascular Ultrasound Market Forecasts and Analysis - By Country
10.4.6. UAE Market Overview
10.4.6.1. UAE Intravascular Ultrasound Market Forecasts and Analysis - By Modality (US$ Mn)
10.4.6.2. UAE Intravascular Ultrasound Market Forecasts and Analysis - By Product (US$ Mn)
10.4.6.3. UAE Intravascular Ultrasound Market Forecasts and Analysis - By End user (US$ Mn)
10.4.7. Saudi Arabia Market Overview
10.4.7.1. Saudi Arabia Intravascular Ultrasound Market Forecasts and Analysis - By Modality (US$ Mn)
10.4.7.2. Saudi Arabia Intravascular Ultrasound Market Forecasts and Analysis - By Product (US$ Mn)
10.4.7.3. Saudi Arabia Intravascular Ultrasound Market Forecasts and Analysis - By End user (US$ Mn)
10.4.8. South Africa Market Overview
10.4.8.1. South Africa Intravascular Ultrasound Market Forecasts and Analysis - By Modality (US$ Mn)
10.4.8.2. South Africa Intravascular Ultrasound Market Forecasts and Analysis - By Product (US$ Mn)
10.4.8.3. South Africa Intravascular Ultrasound Market Forecasts and Analysis - By End user (US$ Mn)
10.5. SOUTH AND CENTRAL AMERICA INTRAVASCULAR ULTRASOUND MARKET
10.5.1. South and Central America Intravascular Ultrasound Market Forecasts and Analysis (US$ Mn)
10.5.2. South and Central America Intravascular Ultrasound Market Forecasts and Analysis - By Modality (US$ Mn)
10.5.3. South and Central America Intravascular Ultrasound Market Forecasts and Analysis - By Product (US$ Mn)
10.5.4. South and Central America Intravascular Ultrasound Market Forecasts and Analysis - By End user (US$ Mn)
10.5.5. South and Central America Intravascular Ultrasound Market Forecasts and Analysis - By Country
10.5.6. Brazil Market Overview
10.5.6.1. Brazil Intravascular Ultrasound Market Forecasts and Analysis - By Modality (US$ Mn)
10.5.6.2. Brazil Intravascular Ultrasound Market Forecasts and Analysis - By Product (US$ Mn)
10.5.6.3. Brazil Intravascular Ultrasound Market Forecasts and Analysis - By End user (US$ Mn)
11. INDUSTRY LANDSCAPE
11.1. ORGANIC GROWTH STRATEGIES
11.1.1. New Modality Launches
11.1.2. Marketing & Promotional Activities
11.2. INORGANIC GROWTH STRATEGIES
11.2.1. Partnerships, Collaborations, and Joint Ventures
11.2.2. Mergers & Acquisitions
12. INTRAVASCULAR ULTRASOUND MARKET, KEY COMPANY PROFILES
12.1. GENERAL ELECTRIC
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Financial Overview
12.1.4. Modality Portfolio
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. KONINKLIJKE PHILIPS N.V.
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Financial Overview
12.2.4. Modality Portfolio
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. CANON MEDICAL SYSTEMS CORPORATION
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Financial Overview
12.3.4. Modality Portfolio
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. SIEMENS AG
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Financial Overview
12.4.4. Modality Portfolio
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. TERUMO CORPORATION
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Financial Overview
12.5.4. Modality Portfolio
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. HITACHI, LTD.
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Financial Overview
12.6.4. Modality Portfolio
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. SAMSUNG MEDISON CO., LTD.
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Financial Overview
12.7.4. Modality Portfolio
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. SHENZHEN MINDRAY BIO-MEDICAL ELECTRONICS CO., LTD.
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Financial Overview
12.8.4. Modality Portfolio
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. FUJIFILM HOLDINGS CORPORATION
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Financial Overview
12.9.4. Modality Portfolio
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. INFRAREDX, INC.
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Financial Overview
12.10.4. Modality Portfolio
12.10.5. SWOT Analysis
12.10.6. Key Developments
13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
1. GENERAL ELECTRIC
2. Koninklijke Philips N.V.
3. CANON MEDICAL SYSTEMS CORPORATION
4. Siemens AG
5. TERUMO CORPORATION
6. Hitachi, Ltd.
7. Samsung Medison Co., Ltd.
8. Shenzhen Mindray Bio-Medical Electronics Co., Ltd.
9. Fujifilm Holdings Corporation
10. Infraredx, Inc.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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