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Global Interventional Radiology Market: By Procedure: Angioplasty, Angiography, Biopsy and Drainage, Embolization, Thrombolysis, Vertebroplasty, Nephrostomy, Others; By Product; By Application; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics; Competitive Landscape; Industry Events and Developments

Global Interventional Radiology Market Outlook

The global interventional radiology market reached a value of around USD 20 billion in 2020. The market is further expected to grow in the forecast period of 2022-2027 at a CAGR of 6.5% to reach a value of approximately USD 29.5 billion by 2026.

 

North America is the largest market, and the Asia Pacific is the fastest-growing region in the industry. The market is primarily being driven by the rising ageing population.

 

Global Interventional Radiology Market

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Properties and Applications

Interventional radiology (IR) refers to a collection of methods that direct medical imaging like x-ray fluoroscopy, magnetic resonance imaging, computed tomography, or ultrasound to guide medical therapies via very small incisions specifically towards the internal structure of the body.

 

Global Interventional Radiology Market By Application

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Based on the procedure, the interventional radiology market can be divided into:

  • Angioplasty
  • Angiography
  • Biopsy and Drainage
  • Embolization
  • Thrombolysis
  • Vertebroplasty
  • Nephrostomy
  • Others

Based on the product, the interventional radiology market can be divided into:

  • MRI Systems
  • Ultrasound Imaging Systems
  • CT Scanners
  • Angiography Systems
  • Fluoroscopy Systems
  • Biopsy Devices
  • Others

The interventional radiology market can be broadly categorised based on its applications into:

  • Cardiology
  • Urology and Nephrology
  • Oncology
  • Gastroenterology
  • Others

The EMR report looks into the regional markets of interventional radiology like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.

 

Global Interventional Radiology Market By Region

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Market Analysis

With a cost-effective solution and shorter hospital stays, there is a growing trend for minimally invasive procedures, which allows people to be treated easily and often get out of the hospital on the same day. Many treatments that are minimally invasive need imaging techniques. Imaging technology, which offers physicians with real-time photographs for a thorough understanding of the internal organs while diagnosing fuels the demand for interventional radiology. Ultrasound imaging systems are leading the global market.

 

Competitive Landscape

The report presents a detailed analysis of the following key players in the global interventional radiology market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Carestream Health
  • Esaote S.P.A.
  • GE Healthcare
  • Hitachi Medical Corporation
  • Hologic Inc. (NASDAQ: HOLX)
  • Koninklijke Philips N.V.
  • Shimadzu Corporation
  • Siemens AG
  • Toshiba Medical Systems Corporation
  • Samsung Medison
  • Others

The EMR report gives an in-depth insight into the interventional radiology market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2017-2021
Forecast Period 2022-2027
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and
Forecast Market Analysis by Segment- Procedure, Product, Application, Region
Breakup by Procedure Angioplasty, Angiography, Biopsy and Drainage, Embolization, Thrombolysis, Vertebroplasty, Nephrostomy, Others
Breakup by Product MRI Systems, Ultrasound Imaging Systems, CT Scanners, Angiography Systems, Fluoroscopy Systems, Biopsy Devices, Others
Breakup by Application Cardiology, Urology & Nephrology, Oncology, Gastroenterology, Others
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Carestream Health, Esaote S.P.A., GE Healthcare, Hitachi Medical Corporation,
Hologic Inc. [HOLX (NASDAQ)], Koninklijke Philips N.V. [PHIA (AMS)], Shimadzu
Corporation [7701 (TYO)], Siemens AG, Toshiba Medical Systems Corporation, Samsung Medison, Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Interventional Radiology Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Interventional Radiology Historical Market (2017-2021) 
    8.3    Global Interventional Radiology Market Forecast (2022-2027)
    8.4    Global Interventional Radiology Market by Procedure
        8.4.1    Angioplasty
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2017-2021)
            8.4.1.3    Forecast Trend (2022-2027)
        8.4.2    Angiography 
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2017-2021)
            8.4.2.3    Forecast Trend (2022-2027)
        8.4.3    Biopsy and Drainage
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2017-2021)
            8.4.3.3    Forecast Trend (2022-2027)
        8.4.4    Embolization
            8.4.4.1    Market Share
            8.4.4.2    Historical Trend (2017-2021)
            8.4.4.3    Forecast Trend (2022-2027)
        8.4.5    Thrombolysis
            8.4.5.1    Market Share
            8.4.5.2    Historical Trend (2017-2021)
            8.4.5.3    Forecast Trend (2022-2027)
        8.4.6    Vertebroplasty
            8.4.6.1    Market Share
            8.4.6.2    Historical Trend (2017-2021)
            8.4.6.3    Forecast Trend (2022-2027)
        8.4.7    Nephrostomy
            8.4.7.1    Market Share
            8.4.7.2    Historical Trend (2017-2021)
            8.4.7.3    Forecast Trend (2022-2027)
        8.4.7.4    Others
    8.5    Global Interventional Radiology Market by Product
        8.5.1    MRI Systems
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2017-2021)
            8.5.1.3    Forecast Trend (2022-2027)
        8.5.2    Ultrasound Imaging Systems
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2017-2021)
            8.5.2.3    Forecast Trend (2022-2027)
        8.5.3    CT Scanners
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2017-2021)
            8.5.3.3    Forecast Trend (2022-2027)
        8.5.4    Angiography Systems
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2017-2021)
            8.5.4.3    Forecast Trend (2022-2027)
        8.5.5    Fluoroscopy Systems
            8.5.5.1    Market Share
            8.5.5.2    Historical Trend (2017-2021)
            8.5.5.3    Forecast Trend (2022-2027)
        8.5.6    Biopsy Devices
            8.5.6.1    Market Share
            8.5.6.2    Historical Trend (2017-2021)
            8.5.6.3    Forecast Trend (2022-2027)
        8.5.7    Others
    8.6    Global Interventional Radiology Market by Application
        8.6.1    Cardiology
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2017-2021)
            8.6.1.3    Forecast Trend (2022-2027)
        8.6.2    Urology and Nephrology
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2017-2021)
            8.6.2.3    Forecast Trend (2022-2027)
        8.6.3    Oncology
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2017-2021)
            8.6.3.3    Forecast Trend (2022-2027)
        8.6.4    Gastroenterology
            8.6.4.1    Market Share
            8.6.4.2    Historical Trend (2017-2021)
            8.6.4.3    Forecast Trend (2022-2027)
        8.6.5    Others
    8.7    Global Interventional Radiology Market by Region
        8.7.1    Market Share
            8.7.1.1    North America
            8.7.1.2    Europe
            8.7.1.3    Asia Pacific
            8.7.1.4    Latin America
            8.7.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2017-2021)
        9.1.2    Forecast Trend (2022-2027)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2017-2021)
        9.2.2    Forecast Trend (2022-2027)
        9.2.3    Breakup by Country 
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2017-2021)
        9.3.2    Forecast Trend (2022-2027)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2017-2021)
        9.4.2    Forecast Trend (2022-2027)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2017-2021)
        9.5.2    Forecast Trend (2022-2027)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    Key Indicators for Demand
    10.4    Key Indicators for Price
11    Competitive Landscape
    11.1    Market Structure
    11.2    Company Profiles
        11.2.1    GE Healthcare
            11.2.1.1    Company Overview
            11.2.1.2    Product Portfolio
            11.2.1.3    Demographic Reach and Achievements
            11.2.1.4    Certifications
        11.2.2    Carestream Health, Inc.
            11.2.2.1    Company Overview
            11.2.2.2    Product Portfolio
            11.2.2.3    Demographic Reach and Achievements
            11.2.2.4    Certifications
        11.2.3    Esaote S.P.A.
            11.2.3.1    Company Overview
            11.2.3.2    Product Portfolio
            11.2.3.3    Demographic Reach and Achievements
            11.2.3.4    Certifications
        11.2.4    Hitachi Medical Corporation
            11.2.4.1    Company Overview
            11.2.4.2    Product Portfolio
            11.2.4.3    Demographic Reach and Achievements
            11.2.4.4    Certifications
        11.2.5    Hologic Inc.
            11.2.5.1    Company Overview
            11.2.5.2    Product Portfolio
            11.2.5.3    Demographic Reach and Achievements
            11.2.5.4    Certifications
        11.2.6    Koninklijke Philips N.V.
            11.2.6.1    Company Overview
            11.2.6.2    Product Portfolio
            11.2.6.3    Demographic Reach and Achievements
            11.2.6.4    Certifications
        11.2.7    Shimadzu Corporation 
            11.2.7.1    Company Overview
            11.2.7.2    Product Portfolio
            11.2.7.3    Demographic Reach and Achievements
            11.2.7.4    Certifications
        11.2.8    Siemens AG
            11.2.8.1    Company Overview
            11.2.8.2    Product Portfolio
            11.2.8.3    Demographic Reach and Achievements
            11.2.8.4    Certifications
        11.2.9    Toshiba Medical Systems Corporation
            11.2.9.1    Company Overview
            11.2.9.2    Product Portfolio
            11.2.9.3    Demographic Reach and Achievements
            11.2.9.4    Certifications
        11.2.10    Samsung Medison
            11.2.10.1    Company Overview
            11.2.10.2    Product Portfolio
            11.2.10.3    Demographic Reach and Achievements
            11.2.10.4    Certifications
        11.2.11    Others
12    Industry Events and Developments


List of Key Figures and Tables

1.    Global Interventional Radiology Market: Key Industry Highlights, 2017 and 2027
2.    Global Interventional Radiology Historical Market: Breakup by Procedure (USD Million), 2017-2021
3.    Global Interventional Radiology Market Forecast: Breakup by Procedure (USD Million), 2022-2027
4.    Global Interventional Radiology Historical Market: Breakup by Product (USD Million), 2017-2021
5.    Global Interventional Radiology Market Forecast: Breakup by Product (USD Million), 2022-2027
6.    Global Interventional Radiology Historical Market: Breakup by Application (USD Million), 2017-2021
7.    Global Interventional Radiology Market Forecast: Breakup by Application (USD Million), 2022-2027
8.    Global Interventional Radiology Historical Market: Breakup by Region (USD Million), 2017-2021
9.    Global Interventional Radiology Market Forecast: Breakup by Region (USD Million), 2022-2027
10.    North America Interventional Radiology Historical Market: Breakup by Country (USD Million), 2017-2021
11.    North America Interventional Radiology Market Forecast: Breakup by Country (USD Million), 2022-2027
12.    Europe Interventional Radiology Historical Market: Breakup by Country (USD Million), 2017-2021
13.    Europe Interventional Radiology Market Forecast: Breakup by Country (USD Million), 2022-2027
14.    Asia Pacific Interventional Radiology Historical Market: Breakup by Country (USD Million), 2017-2021
15.    Asia Pacific Interventional Radiology Market Forecast: Breakup by Country (USD Million), 2022-2027
16.    Latin America Interventional Radiology Historical Market: Breakup by Country (USD Million), 2017-2021
17.    Latin America Interventional Radiology Market Forecast: Breakup by Country (USD Million), 2022-2027
18.    Middle East and Africa Interventional Radiology Historical Market: Breakup by Country (USD Million), 2017-2021
19.    Middle East and Africa Interventional Radiology Market Forecast: Breakup by Country (USD Million), 2022-2027
20.    Global Interventional Radiology Market Structure

Key Questions Answered in the Report

In 2020, the global interventional radiology market attained a value of about USD 20 billion.

The market is projected to grow at a CAGR of 6.5% between 2022 and 2027.

The market is being driven by the rising use of interventional radiology in minimally invasive surgeries to get accurate imaging for proper diagnosis and treatment.

The market growth is anticipated to be defined with technological advancements such as real-time imaging techniques and the increasing developments in ultrasound imaging.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The major procedures of interventional radiology are angioplasty, angiography, biopsy and drainage, embolisation, thrombolysis, vertebroplasty, and nephrostomy, among others.

The different products of interventional radiology are MRI systems, ultrasound imaging systems, CT scanners, angiography systems, fluoroscopy systems, and biopsy devices, among others.

The significant applications of interventional radiology include cardiology, urology and nephrology, oncology, and gastroenterology, among others.

The major players in the industry are Carestream Health, Inc., Esaote S.P.A., GE Healthcare, Hitachi Medical Corporation, Hologic Inc., Koninklijke Philips N.V., Shimadzu Corporation, Siemens AG, Toshiba Medical Systems Corporation, and Samsung Medison, among others.

Analyst Review

The global interventional radiology market attained a value of about USD 20 billion in 2020, driven by the rising demand for minimally invasive interventional radiology. Aided by technological advancements, the market is expected to witness a further growth in the forecast period of 2022-2027, growing at a CAGR of 6.5%.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. On the basis of procedure, the interventional radiology industry can be categorised into angioplasty, angiography, biopsy and drainage, embolisation, thrombolysis, vertebroplasty, and nephrostomy, among others. Based on product, the market can be divided into MRI systems, ultrasound imaging systems, CT scanners, angiography systems, fluoroscopy systems, and biopsy devices, among others. On the basis of application, the market can be segmented into cardiology, urology and nephrology, oncology, and gastroenterology, among others. The major regional markets for interventional radiology are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Carestream Health, Inc., Esaote S.P.A., GE Healthcare, Hitachi Medical Corporation, Hologic Inc., Koninklijke Philips N.V., Shimadzu Corporation, Siemens AG, Toshiba Medical Systems Corporation, and Samsung Medison, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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