Interventional Radiology Products Market: Size, Share, Industry Analysis, Trends, Overview and Segmentation

Interventional Radiology Products Market research report bestows with the strength to any kind of business whether it is large, medium or small for surviving and succeeding in the market. This report gives a broader perspective of the marketplace with its all-inclusive market insights and analysis. The report also estimates CAGR (compound annual growth rate) values along with its fluctuations for the definite forecast period. The estimations of CAGR values are quite essential which helps businesses decide upon the investment value over the time period. The report carefully studies market definition, market segmentation, competitive analysis, and key developments in the market.

Interventional Radiology Products Market by Type (Stents, Catheters, IVC Filter, Biopsy Needles, Embolization Devices, Accessories), Procedure Type (Angioplasty, Angiography, Thrombolysis, Embolization), Applications (Oncology) – Global Forecast to 2026

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“Growing geriatric population and rising prevalence of chronic diseases isexpected to drive the overall growth of the interventional radiology procedures market.”

List of Companies Profiled in the Report

  • Medtronic (Ireland)
  • Boston Scientific Corporation (US)
  • Becton, Dickinson and Company (US)
  • Abbott (US)
  • Cardinal Health (US)
  • B. Braun Melsungen AG (Germany)
  • Stryker (US)
  • Terumo Medical Corporation (Japan)
  • Cook Medical (US)
  • Biosensors International Group, Ltd. (Singapore)
  • Teleflex Incorporated (US)
  • iVascular S.L.U. (Spain)
  • Penumbra, Inc. (US)
  • BIOTRONIK SE & Co. KG (Germany)
  • ENDOCOR GmbH (Germany)
  • Meril Life Sciences Pvt. Ltd. (India)
  • Palex Medical (Spain)
  • UreSil, LLC (US)
  • Alvimedica (Turkey)
  • Cardionovum GmbH (Germany)
  • SMT (India)
  • Medinol Ltd. (Israel)
  • Comed B.V. (Netherlands)
  • SCITECH (Brazil)
  • Balton Sp. z o.o. (Poland)
  • Rontis (Switzerland)

The global interventional radiology products market is projected to reach USD 14.1 billion by 2026 from USD 10.2 billion in 2021, at a CAGR of 6.6% during the forecast period. The growth in this market can be attributed to the rising prevalence of chronic diseases, growing geriatric population, increasing demand for minimally invasive procedures, and favorable reimbursement scenario for interventional radiology procedures. Emerging markets in Asian countries are expected to offer strong growth opportunities for players in the market. In contrast, high cost and inaccessibility of advanced therapeutics may restrict market growth to a certain extent. The interventional radiology products market is segmented based on type, procedure, application, and region.

“Stents segment is expected to dominate the market during the forecast period and is also expected to grow at the highest CAGR during the forecast period.”

Based on type, the interventional radiology products market is segmented into catheters, stents, inferior vena cava (IVC) filters, hemodynamic flow alteration devices, angioplasty balloons, thrombectomy systems, embolization devices, biopsy needles, accessories (contrast media, guidewires, balloon inflation devices, and other accessories), and other interventional radiology products (bone cements, nephrostomy tubes, and gastrostomy tubes). Stents account for the largest share of the interventional radiology products market. The large share of this segment can be attributed to the increasing incidence of cardiac diseases and cancer and the growing number of angioplasty procedures performed globally.

“Angiography segment to dominate the market during the forecast period.”

Based on procedure, interventional radiology products can be segmented into angioplasty, angiography, embolization, thrombolysis, biopsy & drainage, vertebroplasty, nephrostomy, and other procedures (biliary drainage, fallopian tube recanalization, cholecystectomy, and radiofrequency ablation). Angiography account for the largest share of the interventional radiology products market and are expected to grow at the highest CAGR. The large share of this segment can be attributed to the increasing demand for minimally invasive procedures, the rising geriatric population, and the increasing incidence of CVD.

“Cardiology segment holds highest market share during the forecast period and is also expected to grow at the highest CAGR during the forecast period.”

Based on applications, interventional radiology products can be segmented into cardiology, urology & nephrology, oncology, gastroenterology, neurology, orthopedics, and other applications (pulmonary and gynecology). Cardiology account for the largest share of the interventional radiology products market and are expected to grow at the highest CAGR. The large share of this segment can be attributed to the rising geriatric population and the increasing prevalence of CVD across the globe.

“North America will dominate the market during the forecast period.”

The global interventional radiology products market is segmented into North America (the US and Canada), Europe (Germany, the UK, France, Italy, and the Rest of Europe), Asia Pacific (Japan, China, India, and the Rest of Asia Pacific), and the Rest of the World. In 2020, North America dominated the global interventional radiology products market, followed by Europe. The large share of the North American market can be attributed to the high prevalence of chronic diseases, growing geriatric population, increasing adoption of minimally invasive procedures, and the presence of key players in the region.

The primary interviews conducted for this report can be categorized as follows:

  • By Company Type –Tier 1: 70%, and Tier 2: 30%
  • By Designation – C-level:33%, D-level:40%, and Others:27%
  • By Region – North America:36%, Europe:28%, Asia Pacific:19%, and Rest of the World: 17%

Research Coverage:

This report provides a detailed picture of the global interventional radiology procedures market. It aims at estimating the size and future growth potential of the market across different segments, such astype, procedure, application and region. The report also analyzes factors (such as drivers, restraints,opportunities and challenges) affecting market growth. It evaluates the opportunities in the market for stakeholders and provides details of the competitive landscape for market leaders. The report also studies micromarkets with respect to their growth trends, prospects, and contributions to the total interventional radiology procedures market. The report forecasts the revenue of the market segments with respect to four major regions.

Reasons to Buy the Report:

The report provides insights on the following pointers:

  • Market Penetration: Comprehensive information on interventional radiology procedures offered by the top 26 players in the interventional radiology procedures market. The report analyses the interventional radiology procedures market by product, type, technology, material and region.
  • Market Development: Comprehensive information about lucrative emerging markets. The report analyzes the markets for various interventional radiology procedures across key geographic regions.
  • Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the interventional radiology procedures market.
  • Competitive Assessment: In-depth assessment of market ranking and strategies of the leading players in the interventional radiology procedures market.

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Table Of Contents

1 Introduction
1.1 Objectives Of The Study
1.2 Market Definition
1.2.1 Inclusions & Exclusions Of The Study
1.3 Market Scope
Figure 1 Interventional Radiology Products Market Segmentation
1.3.1 Years Considered For The Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders
1.7 Summary Of Changes

2 Research Methodology
2.1 Research Data
Figure 2 Research Design
2.1.1 Secondary Data
2.1.1.1 Secondary Sources
2.1.2 Primary Data
Figure 3 Primary Sources
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
Figure 4 Breakdown Of Primary Interviews: By Company Type, Designation, And Region
2.2 Market Size Estimation
Figure 5 Market Size Estimation: Bottom-Up Approach
2.2.1 Growth Forecast
Figure 6 Cagr Projections: Supply-Side Analysis
Figure 7 Top-Down Approach
2.3 Market Breakdown And Data Triangulation
Figure 8 Data Triangulation Methodology
2.4 Assumptions For The Study
2.5 Covid-19 Economic Assessment
2.6 Assessment Of The Impact Of Covid-19 On The Economic Scenario
Figure 9 Criteria Impacting The Global Economy
Figure 10 Recovery Scenario Of The Global Economy

3 Executive Summary
Figure 11 Interventional Radiology Products Market, By Type, 2021 Vs. 2026 (Usd Million)
Figure 12 Interventional Radiology Products Market, By Procedure, 2021 Vs. 2026 (Usd Million)
Figure 13 Interventional Radiology Products Market, By Application, 2021 Vs. 2026 (Usd Million)
Figure 14 Interventional Radiology Products Market, By Region, 2021 Vs. 2026 (Usd Million)

4 Premium Insights
4.1 Interventional Radiology Products Market Overview
Figure 15 Increasing Incidence Of Chronic Disorders To Drive Market Growth
4.2 Interventional Radiology Products Market, By Type (2021–2026)
Figure 16 Stents Segment To Register The Highest Cagr During The Forecast Period
4.3 North America: Interventional Radiology Products Market, By Type And Country (2020)
Figure 17 The Us Dominated The North American Interventional Radiology Products Market In 2020
4.4 Interventional Radiology Products Market: Geographic Growth Opportunities
Figure 18 India To Register The Highest Growth During The Forecast Period

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
Figure 19 Interventional Radiology Products Market: Drivers, Restraints, Opportunities, And Challenges
5.2.1 Drivers
5.2.1.1 Rising Prevalence Of Chronic Diseases
5.2.1.2 Growing Geriatric Population
5.2.1.3 Increasing Demand For Minimally Invasive Procedures
5.2.1.4 Favorable Reimbursement Scenario For Interventional Radiology Procedures
Table 1 Reimbursement For Interventional Radiology Procedures In The Us
5.2.2 Restraints
5.2.2.1 Availability Of Effective Conventional First-Level Treatments
5.2.2.2 High Cost And Inaccessibility Of Advanced Therapeutics
5.2.3 Opportunities
5.2.3.1 Emerging Markets
5.2.4 Challenges
5.2.4.1 Entry Barriers For New Players
5.2.4.2 Product Failures And Recalls
5.3 Regulatory Landscape
5.4 Covid-19 Impact On The Interventional Radiology Products Market
5.5 Technology Analysis
5.6 Pricing Analysis
Table 2 Prices Of Interventional Radiology Products
5.7 Trade Analysis
Table 3 Import Data For Instruments And Appliances Used In Medical, Surgical, Or Veterinary Services, By Country, 2016-2020 (Usd Million)
Table 4 Export Data For Instruments And Appliances Used In Medical, Surgical, Or Veterinary Services, By Country, 2016-2020 (Usd Million)
Table 5 Import Data For Needles, Catheters, And Cannulae Used In Medical, Surgical, Dental, Or Veterinary Procedures, By Country, 2016-2020 (Usd Million)
Table 6 Export Data For Needles, Catheters, And Cannulae Used In Medical, Surgical, Dental, Or Veterinary Procedures, By Country, 2016-2020 (Usd Million)
5.8 Patent Analysis
5.9 Value Chain Analysis
Figure 20 Value Chain Analysis: Major Value Is Added During The Manufacturing And Assembly Phases
5.10 Supply Chain Analysis
Figure 21 Direct Distribution: A Strategy Preferred By Prominent Companies
5.11 Ecosystem Analysis
5.11.1 Role In The Ecosystem
Table 7 Role In The Ecosystem
5.12 Porter’s Five Forces Analysis
Table 8 Porter’s Five Forces
5.12.1 Degree Of Competition
5.12.2 Bargaining Power Of Suppliers
5.12.3 Bargaining Power Of Buyers
5.12.4 Threat Of Substitutes
5.12.5 Threat Of New Entrants
5.13 Ycc Shift

6 Interventional Radiology Products Market, By Type
6.1 Introduction
Table 9 Interventional Radiology Products Market, By Type, 2019–2026 (Usd Million)
6.2 Stents
6.2.1 Increasing Adoption Of Drug-Eluting Stents And Bioabsorbable Stents—A Key Factor Driving Market Growth
Table 10 Interventional Radiology Stents Market, By Region, 2019–2026 (Usd Million)
6.3 Catheters
Table 11 Interventional Radiology Catheters Market, By Type, 2019–2026 (Usd Million)
Table 12 Interventional Radiology Catheters Market, By Region, 2019–2026 (Usd Million)
6.3.1 Diagnostic Catheters
6.3.1.1 Diagnostic Catheters Held The Largest Share Of The Interventional Radiology Catheters Market
Table 13 Interventional Radiology Diagnostic Catheters Market, By Region, 2019–2026 (Usd Million)
6.3.2 Therapeutic Catheters
6.3.2.1 Increasing Adoption Of Minimally Invasive Therapeutic Procedures To Drive Market Growth
Table 14 Interventional Radiology Therapeutic Catheters Market, By Region, 2019–2026 (Usd Million)
6.4 Inferior Vena Cava Filters
6.4.1 Increasing Prevalence Of Pulmonary Embolism To Drive Market Growth
Table 15 Interventional Radiology Inferior Vena Cava Filters Market, By Region, 2019–2026 (Usd Million)
6.5 Hemodynamic Flow Alteration Devices
6.5.1 Rising Number Of Regulatory Approvals And Technological Advancements To Favor Market Growth
Table 16 Interventional Radiology Hemodynamic Flow Alteration Devices Market, By Region, 2019–2026 (Usd Million)
6.6 Angioplasty Balloons
6.6.1 Rising Number Of Regulatory Approvals For Angioplasty Balloons To Support Market Growth
Table 17 Interventional Radiology Angioplasty Balloons Market, By Region, 2019–2026 (Usd Million)
6.7 Thrombectomy Systems
6.7.1 Increasing Number Of Product Innovations And Approvals To Aid Market Growth
Table 18 Interventional Radiology Thrombectomy Systems Market, By Region, 2019–2026 (Usd Million)
6.8 Embolization Devices
6.8.1 Increasing Incidence Of Aortic Aneurysms Is A Key Factor Driving Market Growth
Table 19 Interventional Radiology Embolization Devices Market, By Region, 2019–2026 (Usd Million)
6.9 Biopsy Needles
6.9.1 Rising Prevalence Of Cancer To Drive The Adoption Of Biopsy Needle Procedures
Table 20 Interventional Radiology Biopsy Needles Market, By Region, 2019–2026 (Usd Million)
6.10 Accessories
Table 21 Interventional Radiology Accessories Market, By Type, 2019–2026 (Usd Million)
Table 22 Interventional Radiology Accessories Market, By Region, 2019–2026 (Usd Million)
6.10.1 Contrast Media
6.10.1.1 Contrast Media Segment Held The Largest Share Of The Interventional Radiology Accessories Market
Table 23 Interventional Radiology Contrast Media Market, By Region, 2019–2026 (Usd Million)
6.10.2 Guidewires
6.10.2.1 Rising Number Of Surgical Procedures To Favor Market Growth
Table 24 Interventional Radiology Guidewires Market, By Region, 2019–2026 (Usd Million)
6.10.3 Balloon Inflation Devices
6.10.3.1 Growth In The Number Of Angioplasty Procedures To Drive The Demand For Balloon Inflation Devices
Table 25 Interventional Radiology Balloon Inflation Devices Market, By Region, 2019–2026 (Usd Million)
6.10.4 Other Accessories
Table 26 Interventional Radiology Market For Other Accessories, By Region, 2019–2026 (Usd Million)
6.11 Other Interventional Radiology Products
Table 27 Other Interventional Radiology Products Market, By Region, 2019–2026 (Usd Million)

7 Interventional Radiology Products Market, By Procedure

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