Global Interventional Radiology Market Report 2021 – Opportunities And Strategies, Market Forecast And Trends
The Global Interventional Radiology Market Report by The Business Research Company covers interventional radiology market drivers and restraints, interventional radiology market size, major players, and the impact of COVID-19 on the interventional radiology market.
The interventional radiology market consists of sales of interventional radiology products and related services by entities (organizations, sole traders, and partnerships) that deal with the diagnosis and treatment of patients using minimally invasive image-guided procedures. Interventional radiology is a medical specialty that entails a variety of imaging procedures to get images of the internal organs. These images are carefully interpreted by an interventional radiologist to identify injury and disease, as well as to execute a variety of interventional medical procedures. The market consists of revenue generated by the sales of the company’s manufacturing interventional radiology products and others.
The global interventional radiology market is expected to grow from $17.57 billion in 2020 to $19.52 billion in 2021 at a compound annual growth rate (CAGR) of 11.1%. The growth in the interventional radiology market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The interventional radiology market is expected to reach $27.13 billion in 2025 at a CAGR of 8.7%.
The increasing prevalence of cancer is expected to drive the growth of the interventional radiology market in the coming years. Cancer is a global health problem and is the second leading cause of death in the United States. Interventional radiology uses a variety of techniques such as ablation, embolization, and irreversible electroporation (IRE) to treat cancer and cardiovascular disorders.
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Some interventional radiology market trends include implementation of illumination rendering technology. Companies operating in the interventional radiology sector are continuously focusing on introducing new technologies to survive in the interventional radiology market.
Global interventional radiology market segments include:
1) By Product: MRI, Ultrasound Imaging, CT Scanners, Angiography Systems, Fluoroscopy Systems, Biopsy Devices, Others
2) By Procedure: Angioplasty, Angiography, Biopsy And Drainage, Embolization, Thrombolysis, Vertebroplasty, Nephrostomy, Others
3) By Application: Oncology, Cardiology, Urology And Nephrology, Gastroenterology, Others
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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The Interventional Radiology Global Market Report 2021: COVID-19 Growth And Change is one of a series of new reports from The Business Research Company that provides interventional radiology market overviews, analyzes and forecasts market size, share, interventional radiology market players, interventional radiology market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The interventional radiology identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Interventional Radiology Global Market Report 2021: COVID-19 Growth And Change from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country; Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries
Market Players Covered: Carestream Health, Siemens AG, Koninklijke Philips N.V., General Electric Company, Hitachi Medical Corporation, Canon Medical Systems Corporation, Toshiba Medical Systems, Medtronic plc, Shimadzu Corporation, Fujifilm Holdings Corp, Hologic Inc., Agfa-Gevert N.V, Esaote S.P.A., and Samsung Medison.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing and Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Interventional Radiology Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Interventional Radiology Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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