Global Interventional Radiology Market
Medical Equipment

Global Interventional Radiology Market Outlook, Opportunities And Strategies

Learn about the global interventional radiology market through The Business Research Company, which provides information on interventional radiology market size, interventional radiology market drivers and restraints, interventional radiology market players, the COVID-19 impact on the interventional radiology market, and more.

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 innovation in interventional radiology manufacturing, thus driving the market during the forecast period.

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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.

Global interventional radiology market segments include:

By Product: MRI, Ultrasound Imaging, CT Scanners, Angiography Systems, Fluoroscopy Systems, Biopsy Devices, Others

By Procedure: Angioplasty, Angiography, Biopsy And Drainage, Embolization, Thrombolysis, Vertebroplasty,Nephrostomy, Others

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. Among these regions, North America was the largest region in the interventional radiology market in 2020.

The implementation of illumination rendering technology is a key trend gaining popularity in the interventional radiology market. Companies operating in the interventional radiology sector are continuously focusing on introducing new technologies to survive in the interventional radiology market.

TBRC’s interventional radiology market report covers:

Major Market Players: 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)

The Interventional Radiology Global Market Report 2021: COVID-19 Growth And Change to 2030 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, leading competitor revenues, profiles and market shares.

TBRC’s interventional radiology market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Here is a list of similar reports from The Business Research Company:

Magnetic Resonance Imaging Devices And Equipment Global Market Report 2020

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