The Americas interventional radiology market is seeing a surge, driven by the rising commonness of persistent infections like cardiovascular problems and disease. The rising maturing population adds to the increase in methods, cultivating market growth.
There is an outstanding movement towards negligibly invasive systems in interventional radiology. Patients favor these strategies because of diminished recovery times and lower hazard of confusions. This pattern is encouraging the reception of techniques like angioplasty, embolization, and radiofrequency ablation.
The Americas are seeing significant interests in medical care foundation, particularly in created nations. This speculation works with the combination of cutting-edge interventional radiology gear, adding to the general growth of the market.
Developing awareness among patients and medical services experts about the advantages of interventional radiology is emphatically affecting market elements. Instructive projects and awareness crusades are adding to expanded acknowledgment and use of these systems.
Continuous innovative work exercises are driving the presentation of novel interventional radiology techniques and gadgets. This attention on Research and development works on patient results as well as supports market intensity.
Despite the positive patterns, challenges as high commencement arrangement costs and the requirement for specific preparation prevent the far and wide reception of interventional radiology. Defeating these obstructions is fundamental for supported market growth.
The Americas Interventional Radiology Market is anticipated to reach at 7.10% CAGR during the forecast period 2022-2030.Study Objectives:
Main objective of this research is to provide information about interventional radiology market, type, procedure, application, and end user.
Intended Audience
 Figure 2: Market Synopsis
 Sources: Press release, presentation, company website, annual reports, government records, journals expert interview.
Market Scenario
Interventional radiology is a sub specialty of radiology, which utilizes minimally invasive procedure for diagnosis and treatment of diseases. The aim of interventional radiology is to minimize the risk to patients and improve health outcomes. Interventional radiologists perform both diagnostic and therapeutic procedures. MRI and CT scan are most widely used techniques in interventional radiology. The demand for minimally invasive procedures, extensive use of interventional radiology techniques, and increasing incidence of lifestyle diseases like obesity, heart diseases, and others boost the growth of this market in America. The American market for Interventional radiology is expected to grow at a CAGR of about 5.12% during the forecast period 2017-2023.
Segmentation
Americas interventional radiology market has been segmented on the basis of types, procedure, application and end users. On the basis of types, the market is further segmented into MRI, Ultrasound imaging, CT scan, and angiography. On the basis of procedure, the market is segmented into diagnostic and therapeutic procedures. Diagnostic procedures include angiography, cholangiography, and biopsy. Therapeutic procedures include vascular, catheter placement, ablative, genitourinary, and pain management. On the basis of application, the market is segmented into cardiology, oncology, urology, nephrology, others. On the basis of by end user, it is segmented into hospitals, catheterization labs, and ambulatory surgical centers.
Regional Analysis
Americas interventional radiology market consists of North America and South America. North America accounts for the largest market share, and its growth is attributed to the presence of global market leaders, extensive use of interventional radiology, increasing the prevalence of chronic diseases such as diabetes, cancer, and other diseases. Furthermore, the prevalence of cardiovascular diseases and the rising demand for minimally invasive procedures drive the growth of this market. Additionally, new products launch and technological advancements favor the growth of this market in America. However, fierce competition among major players may hamper entry of new participants in the market.
Key Players
General Electric (U.S), Siemens Medical Solutions USA, Inc. (U.S), Toshiba Medical Systems Corporation (Japan), Hitachi Medical Corporation (Japan), Carestream Health (U.S.), Â Hologic, Inc. (U.S), Cardinal Health (U.S.), B. Braun Melsungen AG (Germany), C.R Bard, Inc. (U.S.), Stryker (U.S.), and Cook Medical Inc. (U.S.).
The report for interventional radiology market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different markets segments and regions
Figure 1: America’s interventional radiology market share, by type, 2016
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Source: Press release, company presentation, annual reports
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