Dublin, Jan. 09, 2024 (GLOBE NEWSWIRE) -- The "Intravascular Ultrasound (IVUS) - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
Global Intravascular Ultrasound (IVUS) Market to Reach $1.1 Billion by 2030
The global market for Intravascular Ultrasound (IVUS) estimated at US$634.2 Million in the year 2022, is projected to reach a revised size of US$1.1 Billion by 2030, growing at a CAGR of 7.6% over the analysis period 2022-2030.
This report provides an overview of Medical Ultrasound, with a specific focus on Intravascular Ultrasound (IVUS) and its applications in the medical field. It begins with a general introduction to medical ultrasound and highlights the advantages of ultrasound as compared to other imaging modalities.
The application areas of ultrasound are explored, and the report delves into Coronary Artery Disease (CAD), including its causes, symptoms, and the common treatment method known as Percutaneous Coronary Intervention (PCI). Intravascular Ultrasound (IVUS) is then introduced, with insights into its high potential in interventional cardiology.
IVUS Catheters, one of the segments analyzed in the report, is projected to record 8.3% CAGR and reach US$659 Million by the end of the analysis period. Growth in the IVUS Consoles segment is estimated at 6.7% CAGR for the next 8-year period.
The report discusses the indications and techniques of Intravascular Ultrasound, providing a comprehensive understanding of its use in medical procedures. The impact of the COVID-19 pandemic on the Intravascular Ultrasound market is also addressed.
Point-of-care Intravascular Ultrasound gains prominence in the context of healthcare delivery, and the report provides information on the Global Key Competitors' Percentage Market Share in 2023, categorizing their Competitive Market Presence as strong, active, niche, or trivial.
The U.S. Market is Estimated at $231.6 Million, While China is Forecast to Grow at 10.1% CAGR
A global market overview highlights the rapid growth of the Intravascular Ultrasound market, driven by factors such as the significance of IVUS catheters and regional dynamics. The dominance of the US and Europe is contrasted with the fastest growth expected in the Asia-Pacific region. Hospitals are identified as the largest contributors to market share.
The Intravascular Ultrasound (IVUS) market in the U.S. is estimated at US$231.6 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$199.1 Million by the year 2030 trailing a CAGR of 10.1% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.4% and 7.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 6.1% CAGR.
What`s New?
- Special discussions on the global economic climate and market sentiment
- Coverage on global competitiveness and key competitor percentage market shares
- Market presence analysis across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and trademarked research platform
- Complimentary updates for one year
- Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 428 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $634.2 Million |
| Forecasted Market Value (USD) by 2030 | $1100 Million |
| Compound Annual Growth Rate | 7.1% |
| Regions Covered | Global |
MARKET TRENDS & DRIVERS
- Rise in Incidence of Cardiovascular Diseases Drives Demand for Intravascular Ultrasound
- Global Cardiovascular Ultrasound Procedure Share: 2020E
- IVUS Addresses Growing Need for Minimally Invasive Procedures
- Global Menace of Coronary Artery Disease (CAD) - A Major Growth Driver
- Global Annual Medical Cost of CVD in the United States: 2015-2030
- Fatalities by Heart Conditions - Estimated Percentage Breakdown for Cardiovascular Disease, Ischemic Heart Disease, Stroke, and Others
- Stents Transform CAD Treatment, IVUS Expands Efficacy
- Superior Capabilities over Angiography Propels IVUS Adoption
- IVUS Inches Forward to Become Standard Choice for Vascular & Arterial Interventions
- Angiography vs. IVUS to Measure Vascular Characteristics
- IVUS vs. Venography for Venous Interventions
- Select List of Studies Comparing Venography to IVUS
- IVUS for Arterial Interventions
- Advancements in Ultrasound Technology to Benefit Market Growth
- Study Links IVUS-Guided PCI with Better Long-Term Patient Outcomes & Low Cardiac Death Risk
- Use of IVUS Increases in the Diagnosis of Complex CTO Lesions
- Contrast Agents Expand Ultrasound Applications
- Commercially Available Contrast Agents for Cardiology Applications
- Rapid Adoption of Contrast-Enhanced Ultrasound (CEUS) Unfurls New Growth Opportunities
- Advanced Ultrasound Transducer Designs Simplify IVUS Imaging Applications
- Rapidly Growing Geriatric Population and the Rise in Associated Diseases Catalyze Growth
- Global Population Statistics for the 65+ Age Group in Million by Geographic Region for the Years 2019, 2025, 2035 and 2050
- Elderly Population (65+ Years) as a % of Total Population by Developed, Less Developed and Least Developed Regions: 2019 & 2030
- Rising Middle Class Population Aids Growth
- Global Middle Class Population (in Millions) by Geographic Region: 2010, 2020E & 2030P
- Rising Healthcare Expenditure: Opportunities in Store
- World Healthcare Expenditure (In US$ Billion) for the Years 2017-2023
- Healthcare Costs as a % of GDP by Country for the Years 2020 & 2023
- Risk of CAD in Obesity Offers Prospects for IVUS
- Obesity Prevalence Rate (%) in Select Countries for the Years 2019 and 2030P
- The Hypertension-Cholesterol Link to Drive Demand
- Hypertension Prevalence (%) Worldwide by Region in Male and Females Aged 25+ Years
- Diabetics at Higher Risk of Heart Diseases
- Diabetes Prevalence Worldwide by Region: Number of Adults (20-79 Years) with Diabetes in 2015 and 2040
- Use of Blockchain in Diagnostic Imaging
FOCUS ON SELECT PLAYERS(Total 15 Featured)
- Johnson & Johnson Services, Inc.
- Boston Scientific Corporation
- Terumo Corporation
- Teleflex, Inc.
- Siemens Healthineers AG
- Koninklijke Philips N.V.
- Pie Medical Imaging BV
- ACIST Medical Systems, Inc.
- Avinger, Inc.
- InfraReDx, Inc.
- Philips Healthcare USA
- Clarius Mobile Health Corporation
For more information about this report visit https://www.researchandmarkets.com/r/gt55ri
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