Interventional Radiology Market Size, Share, Trends, Growth Outlook

Interventional Radiology Market is estimated to increase at a growth rate of 6.1% CAGR over the forecast period from 2024 to 2030.

The Interventional Radiology Market study analyzes and forecasts the market size across 6 regions and 24 countries for diverse segments including By Product (MRI Systems, Ultrasound Imaging Systems, CT Scanners, Angiography Systems, Fluoroscopy Systems, Biopsy Devices, Others), By Application (Cardiology, Urology and Nephrology, Oncology, Gastroenterology, Others).

An Introduction to Interventional Radiology Market in 2024

The Interventional Radiology market in 2024 epitomizes the convergence of imaging technology and minimally invasive procedures, revolutionizing diagnostic and therapeutic interventions across a spectrum of medical specialties. Interventional radiology techniques, including angioplasty, embolization, and percutaneous ablation, offer precise and targeted approaches to treat vascular, oncological, and musculoskeletal conditions, thereby reducing patient morbidity and improving clinical outcomes. The market is witnessing a surge in demand for advanced imaging modalities, such as magnetic resonance imaging (MRI) and computed tomography (CT), equipped with real-time navigation and image guidance capabilities, enabling interventional radiologists to perform complex procedures with unprecedented accuracy and safety. Furthermore, collaborative efforts between radiologists, surgeons, and industry stakeholders are driving innovation in interventional radiology devices and techniques, ushering in a new era of minimally invasive medicine.

Interventional Radiology Market Trend: Rapid Advancements in Minimally Invasive Techniques and Technologies

A prominent trend in the Interventional Radiology market is the rapid advancements in minimally invasive techniques and technologies. Innovations such as image-guided interventions, robotic-assisted procedures, and real-time imaging modalities have revolutionized interventional radiology practices, allowing for precise diagnosis and targeted treatment of various medical conditions with minimal trauma to patients. These advancements enhance procedural accuracy, reduce patient discomfort, shorten recovery times, and expand the scope of conditions amenable to interventional radiology procedures, driving market growth.

Market Driver: Growing Preference for Minimally Invasive Procedures Over Traditional Surgery

A key driver fueling the Interventional Radiology market is the growing preference for minimally invasive procedures over traditional surgical interventions. Patients and healthcare providers increasingly favor minimally invasive techniques due to their benefits, including reduced risk of complications, shorter hospital stays, quicker recovery times, and improved cosmetic outcomes. Interventional radiology procedures offer viable alternatives to surgery for a wide range of medical conditions, including oncological, vascular, and musculoskeletal disorders, catering to the evolving needs and preferences of patients and contributing to market expansion.

Interventional Radiology Market Opportunity: Expanding Applications in Emerging Clinical Areas and Patient Populations

An opportunity in the Interventional Radiology market lies in expanding applications in emerging clinical areas and patient populations. While interventional radiology has established itself as a cornerstone in the management of conditions such as peripheral artery disease, uterine fibroids, and hepatocellular carcinoma, there is potential for further growth by exploring new therapeutic avenues and addressing unmet needs. Opportunities exist in leveraging interventional radiology techniques for the treatment of rare diseases, pediatric conditions, and geriatric populations, as well as expanding into emerging areas such as immunotherapy-related complications, gene therapy delivery, and regenerative medicine interventions. By continually innovating and adapting interventional radiology approaches to meet evolving clinical challenges, stakeholders can unlock new opportunities for market expansion and differentiation.

Interventional Radiology Market Segmentation

By Product
MRI Systems
Ultrasound Imaging Systems
CT Scanners
Angiography Systems
Fluoroscopy Systems
Biopsy Devices
Others
By Application
Cardiology
Urology and Nephrology
Oncology
Gastroenterology
Others
Geographical Analysis
North America (United States, Canada, Mexico)
Europe (Germany, France, United Kingdom, Spain, Italy, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)

 

Interventional Radiology Market Companies

Canon Medical Systems Corp
Carestream Health
Cook Medical
Esaote SPA
Fujifilm Holdings Corp
GE Healthcare
Hologic Inc
Koninklijke Philips NV
Medtronic PLC
Samsung Medison (Samsung Electronics Co. Ltd)
Shimadzu Corp
Siemens Healthineers AG

 

 

Reasons to Buy the Interventional Radiology Market Study

• Deepen your industry insights and navigate uncertainties for strategy formulation, CAPEX, and Operational decisions
• Gain access to detailed insights on the Interventional Radiology Market, encompassing current market size, growth trends, and forecasts till 2030.
• Access detailed competitor analysis, enabling competitive advantage through a thorough understanding of market players, strategies, and potential differentiation opportunities
• Stay ahead of the curve with insights on technological advancements, innovations, and upcoming trends
• Identify lucrative investment avenues and expansion opportunities within the Interventional Radiology Market industry, guided by robust, data-backed analysis.
• Understand regional and global markets through country-wise analysis, regional market potential, regulatory nuances, and dynamics
• Execute strategies with confidence and speed through information, analytics, and insights on the industry value chain
• Corporate leaders, strategists, financial experts, shareholders, asset managers, and governmental representatives can make long-term planning scenarios and build an integrated and timely understanding of market dynamics
• Benefit from tailored solutions and expert consultation based on report insights, providing personalized strategies aligned with specific business needs.

 

TABLE OF CONTENTS

1 Introduction to 2024 Interventional Radiology Market
1.1 Market Overview
1.2 Quick Facts
1.3 Scope/Objective of the Study
1.4 Market Definition
1.5 Countries and Regions Analyzed
1.6 Units, Currency, and Conversions
1.7 Industry Value Chain

2 Research Methodology
2.1 Market Size Estimation
2.2 Sources and Research Methodology
2.3 Data Triangulation
2.4 Assumptions and Limitations

3 Executive Summary
3.1 Global Interventional Radiology Market Size Outlook, $ Million, 2021 to 2030
3.2 Interventional Radiology Market Outlook by Type, $ Million, 2021 to 2030
3.3 Interventional Radiology Market Outlook by Product, $ Million, 2021 to 2030
3.4 Interventional Radiology Market Outlook by Application, $ Million, 2021 to 2030
3.5 Interventional Radiology Market Outlook by Key Countries, $ Million, 2021 to 2030

4 Market Dynamics
4.1 Key Driving Forces of Interventional Radiology Market Industry
4.2 Key Market Trends in Interventional Radiology Market Industry
4.3 Potential Opportunities in Interventional Radiology Market Industry
4.4 Key Challenges in Interventional Radiology Market Industry

5 Market Factor Analysis
5.1 Competitive Landscape
5.1.1 Global Interventional Radiology Market Share by Company (%), 2023
5.1.2 Product Offerings by Company
5.2 Porter’s Five Forces Analysis

6 Growth Outlook Across Scenarios
6.1 Growth Analysis-Case Scenario Definitions
6.2 Low Growth Scenario Forecasts
6.3 Reference Growth Scenario Forecasts
6.4 High Growth Scenario Forecasts

7 Global Interventional Radiology Market Outlook By Segments
7.1 Interventional Radiology Market Outlook by Segments
By Product
MRI Systems
Ultrasound Imaging Systems
CT Scanners
Angiography Systems
Fluoroscopy Systems
Biopsy Devices
Others
By Application
Cardiology
Urology and Nephrology
Oncology
Gastroenterology
Others

8 North America Interventional Radiology Market Analysis And Outlook To 2030
8.1 Introduction to North America Interventional Radiology Markets in 2024
8.2 North America Interventional Radiology Market Size Outlook by Country, 2021-2030
8.2.1 United States
8.2.2 Canada
8.2.3 Mexico
8.3 North America Interventional Radiology Market size Outlook by Segments, 2021-2030
By Product
MRI Systems
Ultrasound Imaging Systems
CT Scanners
Angiography Systems
Fluoroscopy Systems
Biopsy Devices
Others
By Application
Cardiology
Urology and Nephrology
Oncology
Gastroenterology
Others

9 Europe Interventional Radiology Market Analysis And Outlook To 2030
9.1 Introduction to Europe Interventional Radiology Markets in 2024
9.2 Europe Interventional Radiology Market Size Outlook by Country, 2021-2030
9.2.1 Germany
9.2.2 France
9.2.3 Spain
9.2.4 United Kingdom
9.2.4 Italy
9.2.5 Russia
9.2.6 Norway
9.2.7 Rest of Europe
9.3 Europe Interventional Radiology Market Size Outlook By Segments, 2021-2030
By Product
MRI Systems
Ultrasound Imaging Systems
CT Scanners
Angiography Systems
Fluoroscopy Systems
Biopsy Devices
Others
By Application
Cardiology
Urology and Nephrology
Oncology
Gastroenterology
Others

10 Asia Pacific Interventional Radiology Market Analysis And Outlook To 2030
10.1 Introduction to Asia Pacific Interventional Radiology Markets in 2024
10.2 Asia Pacific Interventional Radiology Market Size Outlook by Country, 2021-2030
10.2.1 China
10.2.2 India
10.2.3 Japan
10.2.4 South Korea
10.2.5 Indonesia
10.2.6 Malaysia
10.2.7 Australia
10.2.8 Rest of Asia Pacific
10.3 Asia Pacific Interventional Radiology Market size Outlook by Segments, 2021-2030
By Product
MRI Systems
Ultrasound Imaging Systems
CT Scanners
Angiography Systems
Fluoroscopy Systems
Biopsy Devices
Others
By Application
Cardiology
Urology and Nephrology
Oncology
Gastroenterology
Others

11 South America Interventional Radiology Market Analysis And Outlook To 2030
11.1 Introduction to South America Interventional Radiology Markets in 2024
11.2 South America Interventional Radiology Market Size Outlook by Country, 2021-2030
11.2.1 Brazil
11.2.2 Argentina
11.2.3 Rest of South America
11.3 South America Interventional Radiology Market size Outlook by Segments, 2021-2030
By Product
MRI Systems
Ultrasound Imaging Systems
CT Scanners
Angiography Systems
Fluoroscopy Systems
Biopsy Devices
Others
By Application
Cardiology
Urology and Nephrology
Oncology
Gastroenterology
Others

12 Middle East And Africa Interventional Radiology Market Analysis And Outlook To 2030
12.1 Introduction to Middle East and Africa Interventional Radiology Markets in 2024
12.2 Middle East and Africa Interventional Radiology Market Size Outlook by Country, 2021-2030
12.2.1 Saudi Arabia
12.2.2 UAE
12.2.3 Oman
12.2.4 Rest of Middle East
12.2.5 Egypt
12.2.6 Nigeria
12.2.7 South Africa
12.2.8 Rest of Africa
12.3 Middle East and Africa Interventional Radiology Market size Outlook by Segments, 2021-2030
By Product
MRI Systems
Ultrasound Imaging Systems
CT Scanners
Angiography Systems
Fluoroscopy Systems
Biopsy Devices
Others
By Application
Cardiology
Urology and Nephrology
Oncology
Gastroenterology
Others

13 Company Profiles
13.1 Company Snapshot
13.2 SWOT Profiles
13.3 Products and Services
13.4 Recent Developments
13.5 Financial Profile
List of Companies
Canon Medical Systems Corp
Carestream Health
Cook Medical
Esaote SPA
Fujifilm Holdings Corp
GE Healthcare
Hologic Inc
Koninklijke Philips NV
Medtronic PLC
Samsung Medison (Samsung Electronics Co. Ltd)
Shimadzu Corp
Siemens Healthineers AG

14 Appendix
14.1 Customization Offerings
14.2 Subscription Services
14.3 Related Reports
14.4 Publisher Expertise

By Product
MRI Systems
Ultrasound Imaging Systems
CT Scanners
Angiography Systems
Fluoroscopy Systems
Biopsy Devices
Others
By Application
Cardiology
Urology and Nephrology
Oncology
Gastroenterology
Others