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Interventional Radiology Market Report by Product, Procedures, Application, End Use, and Region 2024-2032

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    Report

  • 147 Pages
  • July 2024
  • Region: Global
  • IMARC Group
  • ID: 5615332
Description Jump to:
The global interventional radiology market size reached US$ 26.5 Billion in 2023. Looking forward, the publisher expects the market to reach US$ 46.4 Billion by 2032, exhibiting a growth rate (CAGR) of 6.4% during 2023-2032.

Interventional radiology (IR) refers to several techniques that rely on radiological images guidance, such as X-ray fluoroscopy, ultrasound, computed tomography (CT), and magnetic resonance imaging (MRI), to diagnose and cure diseases. It helps make small incisions in the abdomen using needles and catheters. It is widely utilized for repairing blood vessels, treating weak arteries, dissolving blood clots, blocking blood flow to cancer cells, and reducing nerve pain. In addition, as it is less expensive, risky, and painful as compared with traditional surgeries, IR finds extensive application in oncology, cardiology, urology and nephrology, and gastroenterology across the globe.

Interventional Radiology Market Trends:

The growing prevalence of chronic diseases on account of the increasing consumption of fast food and the sedentary lifestyle of individuals represents one of the key factors driving the market. Moreover, rising minimally invasive (MI) procedures as they are cost-effective and require lesser hospital stays, along with the augmenting healthcare expenditure, is propelling the growth of the market. In addition, technological advancements in imaging technologies, which provide real-time images to radiologists for showing a comprehensive view of internal organs, are stimulating the market growth. Besides this, there is an increase in the utilization of augmented reality (AR) technology that offers the ability to move scopes and devices inside the body and interact with the surroundings. This, coupled with various developments in artificial intelligence (AI) to detect abnormalities and anomalies in medical images, is positively influencing the market. Additionally, the expanding application of optical coherence tomography (OCT) and fractional flow reserve (FFR) for stenting patients with multi-vessel coronary artery disease (CAD) is contributing to the growth of the market. Furthermore, governments of several countries are generating awareness about the effectiveness of IR techniques for the diagnosis of cancer, which is bolstering the market growth.

Key Market Segmentation:

The report provides an analysis of the key trends in each segment of the global interventional radiology market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on product, procedures, application and end use.

Breakup by Product:

Magnetic Resonance Imaging (MRI)
Ultrasound Imaging Systems
Computed Tomography (CT) Scanners
Angiography Systems
Fluoroscopy Systems
Biopsy Devices
Others

Breakup by Procedures:

Angiography
Angioplasty
Embolization
Vertebroplasty
Thrombolysis
Nephrostomy Placement
Others

Breakup by Application:

Cardiology
Urology and Nephrology
Oncology
Gastroenterology
Others

Breakup by End Use:

Hospitals
Clinics
Ambulatory Surgical Centers

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Boston Scientific Corporation, Cook Group Incorporated, Esaote SpA, Fujifilm Holdings Corporation, General Electric Company, Hologic Inc, Koninklijke Philips N.V., Medtronic plc, Nipro Corporation, Shimadzu Corporation, Siemens Aktiengesellschaft and Teleflex Incorporated.

Key Questions Answered in This Report

1. What was the size of the global interventional radiology market in 2023?
2. What is the expected growth rate of the global interventional radiology market during 2024-2032?
3. What are the key factors driving the global interventional radiology market?
4. What has been the impact of COVID-19 on the global interventional radiology market?
5. What is the breakup of the global interventional radiology market based on the product?
6. What is the breakup of the global interventional radiology market based on the procedures?
7. What is the breakup of the global interventional radiology market based on end use?
8. What are the key regions in the global interventional radiology market?
9. Who are the key players/companies in the global interventional radiology market?

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Interventional Radiology Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product
6.1 Magnetic Resonance Imaging (MRI)
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Ultrasound Imaging Systems
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Computed Tomography (CT) Scanners
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Angiography Systems
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Fluoroscopy Systems
6.5.1 Market Trends
6.5.2 Market Forecast
6.6 Biopsy Devices
6.6.1 Market Trends
6.6.2 Market Forecast
6.7 Others
6.7.1 Market Trends
6.7.2 Market Forecast
7 Market Breakup by Procedures
7.1 Angiography
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Angioplasty
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Embolization
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Vertebroplasty
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Thrombolysis
7.5.1 Market Trends
7.5.2 Market Forecast
7.6 Nephrostomy Placement
7.6.1 Market Trends
7.6.2 Market Forecast
7.7 Others
7.7.1 Market Trends
7.7.2 Market Forecast
8 Market Breakup by Application
8.1 Cardiology
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Urology and Nephrology
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Oncology
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Gastroenterology
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Others
8.5.1 Market Trends
8.5.2 Market Forecast
9 Market Breakup by End Use
9.1 Hospitals
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Clinics
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Ambulatory Surgical Centers
9.3.1 Market Trends
9.3.2 Market Forecast
10 Market Breakup by Region
10.1 North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2 Asia-Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3 Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4 Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5 Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 Boston Scientific Corporation
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.1.3 Financials
15.3.1.4 SWOT Analysis
15.3.2 Cook Group Incorporated
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.3 Esaote SpA
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.4 Fujifilm Holdings Corporation
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.4.3 Financials
15.3.4.4 SWOT Analysis
15.3.5 General Electric Company
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.5.3 Financials
15.3.5.4 SWOT Analysis
15.3.6 Hologic Inc
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.6.3 Financials
15.3.6.4 SWOT Analysis
15.3.7 Koninklijke Philips N.V.
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.7.3 Financials
15.3.7.4 SWOT Analysis
15.3.8 Medtronic plc
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.8.3 Financials
15.3.8.4 SWOT Analysis
15.3.9 Nipro Corporation
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.9.3 Financials
15.3.9.4 SWOT Analysis
15.3.10 Shimadzu Corporation
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio
15.3.10.3 Financials
15.3.10.4 SWOT Analysis
15.3.11 Siemens Aktiengesellschaft
15.3.11.1 Company Overview
15.3.11.2 Product Portfolio
15.3.11.3 Financials
15.3.11.4 SWOT Analysis
15.3.12 Teleflex Incorporated
15.3.12.1 Company Overview
15.3.12.2 Product Portfolio
15.3.12.3 Financials
15.3.12.4 SWOT Analysis
List of Figures
Figure 1: Global: Interventional Radiology Market: Major Drivers and Challenges
Figure 2: Global: Interventional Radiology Market: Sales Value (in Billion US$), 2018-2023
Figure 3: Global: Interventional Radiology Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 4: Global: Interventional Radiology Market: Breakup by Product (in %), 2023
Figure 5: Global: Interventional Radiology Market: Breakup by Procedures (in %), 2023
Figure 6: Global: Interventional Radiology Market: Breakup by Application (in %), 2023
Figure 7: Global: Interventional Radiology Market: Breakup by End Use (in %), 2023
Figure 8: Global: Interventional Radiology Market: Breakup by Region (in %), 2023
Figure 9: Global: Interventional Radiology (Magnetic Resonance Imaging (MRI)) Market: Sales Value (in Million US$), 2018 & 2023
Figure 10: Global: Interventional Radiology (Magnetic Resonance Imaging (MRI)) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 11: Global: Interventional Radiology (Ultrasound Imaging Systems) Market: Sales Value (in Million US$), 2018 & 2023
Figure 12: Global: Interventional Radiology (Ultrasound Imaging Systems) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 13: Global: Interventional Radiology (Computed Tomography (CT) Scanners) Market: Sales Value (in Million US$), 2018 & 2023
Figure 14: Global: Interventional Radiology (Computed Tomography (CT) Scanners) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 15: Global: Interventional Radiology (Angiography Systems) Market: Sales Value (in Million US$), 2018 & 2023
Figure 16: Global: Interventional Radiology (Angiography Systems) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 17: Global: Interventional Radiology (Fluoroscopy Systems) Market: Sales Value (in Million US$), 2018 & 2023
Figure 18: Global: Interventional Radiology (Fluoroscopy Systems) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 19: Global: Interventional Radiology (Biopsy Devices) Market: Sales Value (in Million US$), 2018 & 2023
Figure 20: Global: Interventional Radiology (Biopsy Devices) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 21: Global: Interventional Radiology (Other Products) Market: Sales Value (in Million US$), 2018 & 2023
Figure 22: Global: Interventional Radiology (Other Products) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 23: Global: Interventional Radiology (Angiography) Market: Sales Value (in Million US$), 2018 & 2023
Figure 24: Global: Interventional Radiology (Angiography) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 25: Global: Interventional Radiology (Angioplasty) Market: Sales Value (in Million US$), 2018 & 2023
Figure 26: Global: Interventional Radiology (Angioplasty) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 27: Global: Interventional Radiology (Embolization) Market: Sales Value (in Million US$), 2018 & 2023
Figure 28: Global: Interventional Radiology (Embolization) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 29: Global: Interventional Radiology (Vertebroplasty) Market: Sales Value (in Million US$), 2018 & 2023
Figure 30: Global: Interventional Radiology (Vertebroplasty) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 31: Global: Interventional Radiology (Thrombolysis) Market: Sales Value (in Million US$), 2018 & 2023
Figure 32: Global: Interventional Radiology (Thrombolysis) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 33: Global: Interventional Radiology (Nephrostomy Placement) Market: Sales Value (in Million US$), 2018 & 2023
Figure 34: Global: Interventional Radiology (Nephrostomy Placement) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 35: Global: Interventional Radiology (Other Procedures) Market: Sales Value (in Million US$), 2018 & 2023
Figure 36: Global: Interventional Radiology (Other Procedures) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 37: Global: Interventional Radiology (Cardiology) Market: Sales Value (in Million US$), 2018 & 2023
Figure 38: Global: Interventional Radiology (Cardiology) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 39: Global: Interventional Radiology (Urology and Nephrology) Market: Sales Value (in Million US$), 2018 & 2023
Figure 40: Global: Interventional Radiology (Urology and Nephrology) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 41: Global: Interventional Radiology (Oncology) Market: Sales Value (in Million US$), 2018 & 2023
Figure 42: Global: Interventional Radiology (Oncology) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 43: Global: Interventional Radiology (Gastroenterology) Market: Sales Value (in Million US$), 2018 & 2023
Figure 44: Global: Interventional Radiology (Gastroenterology) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 45: Global: Interventional Radiology (Other Applications) Market: Sales Value (in Million US$), 2018 & 2023
Figure 46: Global: Interventional Radiology (Other Applications) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 47: Global: Interventional Radiology (Hospitals) Market: Sales Value (in Million US$), 2018 & 2023
Figure 48: Global: Interventional Radiology (Hospitals) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 49: Global: Interventional Radiology (Clinics) Market: Sales Value (in Million US$), 2018 & 2023
Figure 50: Global: Interventional Radiology (Clinics) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 51: Global: Interventional Radiology (Ambulatory Surgical Centers) Market: Sales Value (in Million US$), 2018 & 2023
Figure 52: Global: Interventional Radiology (Ambulatory Surgical Centers) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 53: North America: Interventional Radiology Market: Sales Value (in Million US$), 2018 & 2023
Figure 54: North America: Interventional Radiology Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 55: United States: Interventional Radiology Market: Sales Value (in Million US$), 2018 & 2023
Figure 56: United States: Interventional Radiology Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 57: Canada: Interventional Radiology Market: Sales Value (in Million US$), 2018 & 2023
Figure 58: Canada: Interventional Radiology Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 59: Asia-Pacific: Interventional Radiology Market: Sales Value (in Million US$), 2018 & 2023
Figure 60: Asia-Pacific: Interventional Radiology Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 61: China: Interventional Radiology Market: Sales Value (in Million US$), 2018 & 2023
Figure 62: China: Interventional Radiology Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 63: Japan: Interventional Radiology Market: Sales Value (in Million US$), 2018 & 2023
Figure 64: Japan: Interventional Radiology Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 65: India: Interventional Radiology Market: Sales Value (in Million US$), 2018 & 2023
Figure 66: India: Interventional Radiology Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 67: South Korea: Interventional Radiology Market: Sales Value (in Million US$), 2018 & 2023
Figure 68: South Korea: Interventional Radiology Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 69: Australia: Interventional Radiology Market: Sales Value (in Million US$), 2018 & 2023
Figure 70: Australia: Interventional Radiology Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 71: Indonesia: Interventional Radiology Market: Sales Value (in Million US$), 2018 & 2023
Figure 72: Indonesia: Interventional Radiology Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 73: Others: Interventional Radiology Market: Sales Value (in Million US$), 2018 & 2023
Figure 74: Others: Interventional Radiology Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 75: Europe: Interventional Radiology Market: Sales Value (in Million US$), 2018 & 2023
Figure 76: Europe: Interventional Radiology Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 77: Germany: Interventional Radiology Market: Sales Value (in Million US$), 2018 & 2023
Figure 78: Germany: Interventional Radiology Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 79: France: Interventional Radiology Market: Sales Value (in Million US$), 2018 & 2023
Figure 80: France: Interventional Radiology Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 81: United Kingdom: Interventional Radiology Market: Sales Value (in Million US$), 2018 & 2023
Figure 82: United Kingdom: Interventional Radiology Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 83: Italy: Interventional Radiology Market: Sales Value (in Million US$), 2018 & 2023
Figure 84: Italy: Interventional Radiology Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 85: Spain: Interventional Radiology Market: Sales Value (in Million US$), 2018 & 2023
Figure 86: Spain: Interventional Radiology Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 87: Russia: Interventional Radiology Market: Sales Value (in Million US$), 2018 & 2023
Figure 88: Russia: Interventional Radiology Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 89: Others: Interventional Radiology Market: Sales Value (in Million US$), 2018 & 2023
Figure 90: Others: Interventional Radiology Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 91: Latin America: Interventional Radiology Market: Sales Value (in Million US$), 2018 & 2023
Figure 92: Latin America: Interventional Radiology Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 93: Brazil: Interventional Radiology Market: Sales Value (in Million US$), 2018 & 2023
Figure 94: Brazil: Interventional Radiology Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 95: Mexico: Interventional Radiology Market: Sales Value (in Million US$), 2018 & 2023
Figure 96: Mexico: Interventional Radiology Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 97: Others: Interventional Radiology Market: Sales Value (in Million US$), 2018 & 2023
Figure 98: Others: Interventional Radiology Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 99: Middle East and Africa: Interventional Radiology Market: Sales Value (in Million US$), 2018 & 2023
Figure 100: Middle East and Africa: Interventional Radiology Market: Breakup by Country (in %), 2023
Figure 101: Middle East and Africa: Interventional Radiology Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 102: Global: Interventional Radiology Industry: SWOT Analysis
Figure 103: Global: Interventional Radiology Industry: Value Chain Analysis
Figure 104: Global: Interventional Radiology Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Interventional Radiology Market: Key Industry Highlights, 2023 and 2032
Table 2: Global: Interventional Radiology Market Forecast: Breakup by Product (in Million US$), 2024-2032
Table 3: Global: Interventional Radiology Market Forecast: Breakup by Procedures (in Million US$), 2024-2032
Table 4: Global: Interventional Radiology Market Forecast: Breakup by Application (in Million US$), 2024-2032
Table 5: Global: Interventional Radiology Market Forecast: Breakup by End Use (in Million US$), 2024-2032
Table 6: Global: Interventional Radiology Market Forecast: Breakup by Region (in Million US$), 2024-2032
Table 7: Global: Interventional Radiology Market: Competitive Structure
Table 8: Global: Interventional Radiology Market: Key Players

Companies Mentioned

  • Boston Scientific Corporation
  • Cook Group Incorporated
  • Esaote SpA
  • Fujifilm Holdings Corporation
  • General Electric Company
  • Hologic Inc
  • Koninklijke Philips N.V.
  • Medtronic plc
  • Nipro Corporation
  • Shimadzu Corporation
  • Siemens Aktiengesellschaft
  • Teleflex Incorporated.

Methodology

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Table Information

Report AttributeDetails
No. of Pages147
PublishedJuly 2024
Forecast Period2023 - 2032
Estimated Market Value ( USD ) in 2023 $ 26.5 Billion
Forecasted Market Value ( USD ) by 2032 $ 46.4 Billion
Compound Annual Growth Rate6.4%
Regions CoveredGlobal
No. of Companies Mentioned12

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