Rising prevalence of vascular disorders and increasing preference for minimally invasive diagnostic procedures are some key factors driving market revenue growth
The global vascular imaging market size is expected to reach USD 12.85 Billion in 2028 and register a revenue CAGR of 6.9% over the forecast period, according to the latest report by Reports and Data. Rising prevalence of vascular disorders and increasing preference for minimally invasive diagnostic procedures are some key factors expected to drive market revenue growth over the forecast period. In addition, use of advanced imaging equipment in hybrid operating rooms is also expected to contribute significantly to revenue growth of the market going ahead.
A hybrid room combines the features of an interventional room and traditional vascular and cardiac surgery operating theatre. In recent years, hybrid operation rooms are increasingly preferred as these facilities enables to carry out increasingly complex, minimally invasive, faster and more precise diagnostic procedures associated with cardiovascular surgery such as the treatment of an aneurysm or aortic dissection. The hybrid room implements state-of-the-art equipment to facilitate treatment of these diseases in a percutaneous manner and also facilitates introduction of customized prostheses adapted to each patient’s anatomy. This is expected to drive revenue growth of the market.
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The rapid adoption of AI, ML, and IoT and robust data management processes has made the hospitals and clinical settings smarter. New technologies and solutions have improved the normal medical processes such as clinical diagnosis, treatment, diseases management, and monitoring patient recovery after discharge. Rapid digitalization and increasing adoption of virtual care and telemedicine is further expected to positively impact the revenue growth of the market going ahead.
Emergence of new healthcare and telemedicine startups, increasing number of collaborations among healthcare facilities and research institutions, and rising focus on patient engagement solutions has further fueled revenue growth of the market. Key companies are forming strategic alliances and collaborative ventures such as mergers and acquisitions, joint ventures, partnerships, manufacturing and licensing agreements, and product launches among others.
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Leading Players Analyzed in the Report:
Siemens Healthineers AG, GE Healthcare Inc., Carestream Health Inc., Koninklijke Philips NV, Samsung Medison Co. Ltd., Toshiba Medical Systems Corporation, Mindray Medical International Ltd., Shimadzu Corporation, Evena Medical Inc., and Omega Medical Imaging LLC.
Furthermore, to offer a better understanding of the competitive landscape, an extensive SWOT analysis and Porter’s Five Forces analysis are included in the report. Along with this, feasibility analysis and investment return analysis are also covered in the report.
The report further discusses in detail the regional spread of the global Vascular Imaging market along with analysis of production and consumption patterns, import/export analysis, supply and demand ratio, market share and size based on volume and value, trends and demands, revenue share, and presence of the key players of the market.
Key Regions Studied in the Report:
- North America (U.S., Canada, Mexico)
- Europe (U.K., Italy, Germany, France, Rest of Europe)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Segmentation based on Types:
Procedure Outlook (Revenue, USD Billion; 2018-2028)
- Coronary Angiography
- Peripheral Angiography
- Neurovascular Angiography
- Vascular Ultrasound Procedures
- Others
Technology Outlook (Revenue, USD Billion; 2018-2028)
- Magnetic Resonance Imaging Angiography
- Computed Tomography Angiography
- Ultrasound
- X-Ray
- Nuclear Imaging
Application Outlook (Revenue, USD Billion; 2018-2028)
- Diagnostic
- Therapeutic
End-Use Outlook (Revenue, USD Billion; 2018-2028)
- Hospitals
- Diagnostic Imaging Centers
- Others
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