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Interventional Radiology Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global interventional radiology market reached a value of US$ 23.22 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 34.53 Billion by 2027, exhibiting a CAGR of 6.60% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.

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.

 

 
 

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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:

IMARC Group provides an analysis of the key trends in each sub-segment of the global interventional radiology market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on product, procedures, application and end use.

Breakup by Product:

 

 
 

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  • 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:

 

 
 

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  • 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.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Product, Procedures, Application, End Use, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered 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.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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$), 2016-2021
Figure 3: Global: Interventional Radiology Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Interventional Radiology Market: Breakup by Product (in %), 2021
Figure 5: Global: Interventional Radiology Market: Breakup by Procedures (in %), 2021
Figure 6: Global: Interventional Radiology Market: Breakup by Application (in %), 2021
Figure 7: Global: Interventional Radiology Market: Breakup by End Use (in %), 2021
Figure 8: Global: Interventional Radiology Market: Breakup by Region (in %), 2021
Figure 9: Global: Interventional Radiology (Magnetic Resonance Imaging (MRI)) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Global: Interventional Radiology (Magnetic Resonance Imaging (MRI)) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Global: Interventional Radiology (Ultrasound Imaging Systems) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: Interventional Radiology (Ultrasound Imaging Systems) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Interventional Radiology (Computed Tomography (CT) Scanners) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Interventional Radiology (Computed Tomography (CT) Scanners) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Interventional Radiology (Angiography Systems) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Interventional Radiology (Angiography Systems) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: Interventional Radiology (Fluoroscopy Systems) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: Interventional Radiology (Fluoroscopy Systems) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: Interventional Radiology (Biopsy Devices) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: Interventional Radiology (Biopsy Devices) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Global: Interventional Radiology (Other Products) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Global: Interventional Radiology (Other Products) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Global: Interventional Radiology (Angiography) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Global: Interventional Radiology (Angiography) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Global: Interventional Radiology (Angioplasty) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Global: Interventional Radiology (Angioplasty) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Global: Interventional Radiology (Embolization) Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: Global: Interventional Radiology (Embolization) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: Global: Interventional Radiology (Vertebroplasty) Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: Global: Interventional Radiology (Vertebroplasty) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: Global: Interventional Radiology (Thrombolysis) Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: Global: Interventional Radiology (Thrombolysis) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: Global: Interventional Radiology (Nephrostomy Placement) Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: Global: Interventional Radiology (Nephrostomy Placement) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: Global: Interventional Radiology (Other Procedures) Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: Global: Interventional Radiology (Other Procedures) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: Global: Interventional Radiology (Cardiology) Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: Global: Interventional Radiology (Cardiology) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: Global: Interventional Radiology (Urology and Nephrology) Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: Global: Interventional Radiology (Urology and Nephrology) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: Global: Interventional Radiology (Oncology) Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: Global: Interventional Radiology (Oncology) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: Global: Interventional Radiology (Gastroenterology) Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: Global: Interventional Radiology (Gastroenterology) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: Global: Interventional Radiology (Other Applications) Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: Global: Interventional Radiology (Other Applications) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: Global: Interventional Radiology (Hospitals) Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: Global: Interventional Radiology (Hospitals) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: Global: Interventional Radiology (Clinics) Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: Global: Interventional Radiology (Clinics) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: Global: Interventional Radiology (Ambulatory Surgical Centers) Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: Global: Interventional Radiology (Ambulatory Surgical Centers) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: North America: Interventional Radiology Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: North America: Interventional Radiology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: United States: Interventional Radiology Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: United States: Interventional Radiology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: Canada: Interventional Radiology Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: Canada: Interventional Radiology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 59: Asia-Pacific: Interventional Radiology Market: Sales Value (in Million US$), 2016 & 2021
Figure 60: Asia-Pacific: Interventional Radiology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: China: Interventional Radiology Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: China: Interventional Radiology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 63: Japan: Interventional Radiology Market: Sales Value (in Million US$), 2016 & 2021
Figure 64: Japan: Interventional Radiology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 65: India: Interventional Radiology Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: India: Interventional Radiology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: South Korea: Interventional Radiology Market: Sales Value (in Million US$), 2016 & 2021
Figure 68: South Korea: Interventional Radiology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 69: Australia: Interventional Radiology Market: Sales Value (in Million US$), 2016 & 2021
Figure 70: Australia: Interventional Radiology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 71: Indonesia: Interventional Radiology Market: Sales Value (in Million US$), 2016 & 2021
Figure 72: Indonesia: Interventional Radiology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 73: Others: Interventional Radiology Market: Sales Value (in Million US$), 2016 & 2021
Figure 74: Others: Interventional Radiology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 75: Europe: Interventional Radiology Market: Sales Value (in Million US$), 2016 & 2021
Figure 76: Europe: Interventional Radiology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 77: Germany: Interventional Radiology Market: Sales Value (in Million US$), 2016 & 2021
Figure 78: Germany: Interventional Radiology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 79: France: Interventional Radiology Market: Sales Value (in Million US$), 2016 & 2021
Figure 80: France: Interventional Radiology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 81: United Kingdom: Interventional Radiology Market: Sales Value (in Million US$), 2016 & 2021
Figure 82: United Kingdom: Interventional Radiology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 83: Italy: Interventional Radiology Market: Sales Value (in Million US$), 2016 & 2021
Figure 84: Italy: Interventional Radiology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 85: Spain: Interventional Radiology Market: Sales Value (in Million US$), 2016 & 2021
Figure 86: Spain: Interventional Radiology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 87: Russia: Interventional Radiology Market: Sales Value (in Million US$), 2016 & 2021
Figure 88: Russia: Interventional Radiology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 89: Others: Interventional Radiology Market: Sales Value (in Million US$), 2016 & 2021
Figure 90: Others: Interventional Radiology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 91: Latin America: Interventional Radiology Market: Sales Value (in Million US$), 2016 & 2021
Figure 92: Latin America: Interventional Radiology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 93: Brazil: Interventional Radiology Market: Sales Value (in Million US$), 2016 & 2021
Figure 94: Brazil: Interventional Radiology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 95: Mexico: Interventional Radiology Market: Sales Value (in Million US$), 2016 & 2021
Figure 96: Mexico: Interventional Radiology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 97: Others: Interventional Radiology Market: Sales Value (in Million US$), 2016 & 2021
Figure 98: Others: Interventional Radiology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 99: Middle East and Africa: Interventional Radiology Market: Sales Value (in Million US$), 2016 & 2021
Figure 100: Middle East and Africa: Interventional Radiology Market: Breakup by Country (in %), 2021
Figure 101: Middle East and Africa: Interventional Radiology Market Forecast: Sales Value (in Million US$), 2022-2027
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, 2021 and 2027
Table 2: Global: Interventional Radiology Market Forecast: Breakup by Product (in Million US$), 2022-2027
Table 3: Global: Interventional Radiology Market Forecast: Breakup by Procedures (in Million US$), 2022-2027
Table 4: Global: Interventional Radiology Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 5: Global: Interventional Radiology Market Forecast: Breakup by End Use (in Million US$), 2022-2027
Table 6: Global: Interventional Radiology Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 7: Global: Interventional Radiology Market: Competitive Structure
Table 8: Global: Interventional Radiology Market: Key Players

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Key Questions Answered in This Report

The global interventional radiology market was valued at US$ 23.22 Billion in 2021.

We expect the global interventional radiology market to exhibit a CAGR of 6.60% during 2022-2027.

The rising prevalence of several chronic diseases, along with the increasing utilization of interventional
radiology for conducting Minimally Invasive (MI) procedures to improve patient care quality, is primarily
driving the global interventional radiology market.

The sudden outbreak of the COVID-19 pandemic has led to the increasing demand for interventional
radiology in chest CT scan procedures as they have high sensitivity for diagnosis of the COVID-19
infection.

Based on the product, the global interventional radiology market can be segmented into Magnetic
Resonance Imaging (MRI), ultrasound imaging systems, Computed Tomography (CT) scanners,
angiography systems, fluoroscopy systems, biopsy devices, and others. Currently, Magnetic Resonance
Imaging (MRI) holds the majority of the total market share.

Based on the procedures, the global interventional radiology market has been divided into angiography,
angioplasty, embolization, vertebroplasty, thrombolysis, nephrostomy placement, and others. Among
these, angiography currently exhibits a clear dominance in the market.

Based on the end use, the global interventional radiology market can be categorized into hospitals,
clinics, and ambulatory surgical centers. Currently, hospitals account for the largest market share.

On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin
America, and Middle East and Africa, where North America currently dominates the global market.

Some of the major players in the global interventional radiology market include 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.

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