Interventional Radiology Market Key Highlights:
- Market Size (2024): USD 15,620 Million
- Projected Market Size (2034): USD 22,681 Million
- CAGR (2024-2034): 3.8%
Pricing Analysis:
- Price Growth
- Regional Variations
Market Historic Sales
- Total sales volume, year-over-year growth, product categories, and market share.
Revenue Estimation
- Forecasting future revenues based on historical data, market trends, and economic indicators.
Sales by Region
- Breakdown of sales performance across different geographical areas.
Revenue by Manufacturer
- Analysis of revenue contributions from different manufacturers in the market.
Interventional Radiology Market Definition
The interventional radiology market is growing because of elevating demand for MRI’s across the healthcare sector. The interventional radiology is an imaging guided medical procedure that ensures accuracy, safety and comfort of the patient. The slow and steady shift of the healthcare industry towards the less or minimal invasive treatment while being more effective is helping interventional radiology. Emergence of development of interventional radiology for an ambulatory shift is growing. This provides substantial savings as well as improvement in quality of patient care.
Minimal invasive procedures are effective and cost saving as they reduce the hospital stay time which is better for the patients. The interventional radiology procedures come with a comparatively lower risk factor which makes them a suitable choice. There is innovative technological advancement in the imaging and radiology market especially in developing countries will have a positive impact on the interventional radiology market. The rise of personalized medicine along with targeted drug discoveries will further aid market growth of interventional radiology. The increasing demand for MRI and its wide scale adoption will also help this market’s demand rise.
Interventional Radiology Market Segmentation:
By Type
- MRI System
- Ultrasound Imaging System
- CT Scanner
- Angiography System
By Application
- Cardiology
- Oncology
- Urology & Nephrology
Interventional Radiology Market Companies:
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