Interventional Radiology : $8.02 Billion Business Revenue Growth Expected In Global Industry
Globally, the interventional radiology products market is witnessing moderate growth due to increasing incidence of chronic diseases, rising geriatric population, and increasing demand for minimally invasive surgeries.
On the other hand, the availability of cost-effective, and the ability to reduce the price of the product. The high growth potential in the emerging regions of the United States provides opportunities for operating in the interventional radiology products market.
Based on type, the interventional radiology products marketIVC filters, hemodynamic flow alteration devices, angioplasty balloons, thrombectomy systems, embolization devices, biopsy needles, and accessories. In 2016, the stents segment is expected to account for the largest share of the market. The key factors driving the growth of the interventional radiology stents market are the growing geriatric population and increasing incidence of cardiovascular diseases around the world.
Angioplasty, angiography, embolization, thrombolysis, biopsy & drainage, vertebroplasty, nephrostomy, and other procedures. In 2016, the angiography segment is expected to account for the largest share of the market. The increasing prevalence of these conditions and the growing demand for minimally invasive procedures are the key factors driving market growth in this segment.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=67681703
Based on application, the market is segmented into cardiology, urology & nephrology, oncology, gastroenterology, neurology, orthopedics, and other applications. The oncology segment is expected to grow at the highest CAGR during the forecast period. The major factors driving the growth of this market segment are the increasing incidence of cancer and rising demand for minimally invasive procedures.
Based on region, the interventional radiology is marketed in North America, Europe, Asia and Rest of the World (RoW). In 2016, North America is expected to dominate the clinical radiology market while Asia is expected to grow at the highest CAGR during the forecast period. The high growth of this geographic segment is attributed to the increasing prevalence of chronic geriatric population in Asia. The market is further driven by factors such as increasing reimbursement for minimally invasive procedures.
Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=67681703
Target Audience for this Report:
- Interventional radiology product manufacturers
- Interventional radiology product distributors
- Healthcare institutions (hospitals, medical schools, group practices, individual surgeons, and governing bodies)
- Various research and consulting companies
- Various research associations related to interventional radiology
Value Addition for the Buyer:
This report aims to provide detailed insights into the global interventional radiology products industry. It provides valuable information on the type, procedure, application, and region in the market. Furthermore, the information for these segments, by region, is also presented in this report. Leading players in the market are profiled to study their product offerings and understand the strategies undertaken by them to be competitive in this market.
The above-mentioned information would benefit the buyer by helping them understand the market dynamics. In addition, the forecasts provided in the report will enable firms to understand the trends in this market and better position themselves to capitalize the growth opportunities.