Intravascular Ultrasound System (IVUS) Consoles Market Size by Segments, Share, Regulatory, Reimbursement, Installed Base and Forecast to 2033
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Intravascular Ultrasound System (IVUS) Consoles Market Report Overview
The IVUS consoles market was valued at $267 million in 2023 and will grow at a CAGR of more than 1% during 2023 and 2033. Intravascular ultrasound (IVUS) is an imaging modality that uses ultrasound waves to allow detailed evaluation of coronary atherosclerotic plaques and the vascular response to coronary interventional devices to guide stent placement during percutaneous coronary intervention. Intravascular Ultrasound Systems (IVUS) Consoles help doctors to visualize an image of coronary arteries to assess their condition. This is done with the help of a transducer, which produces Sound waves. These waves then travel through the catheter to the vessel, wherein they emit echo off vessel walls. They are then sent back to the system, wherein these signals are handled to display the cross-sectional image.
IVUS consoles Market Outlook 2023-2033 ($ Million)
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The IVUS consoles market research report explains the market behavior, which will help identify quantitative market trends within cardiovascular devices therapeutic areas. The report has extensively covered regional-wise quantitative data, highlighting the number of IVUS consoles across labs, which will help in identifying untapped market opportunities. The model also discusses the detailed impact of COVID-19 on the IVUS consoles market for 2020 and beyond.
Market Size (2023) | $267 million |
CAGR (2023-2033) | >1% |
Historic Period | 2015-2023 |
Forecast Period | 2023-2033 |
Key Regions |
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Key Companies |
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IVUS consoles Market Dynamics
IVUS consoles market growth will be driven by an increase in healthcare spending and rapid globalization. In addition, the high prevalence of cardiac diseases and the rise in the diabetic population have led to an increasing demand for the deployment of IVUS consoles to detect diseases. Furthermore, the rise in aging populations, high smoking rates, and the growth in risks of CAD due to obesity are a few of the leading factors expected to drive the IVUS consoles market demand in the future.
IVUS consoles Market Segmentation by Regions
The key regions in the IVUS consoles market are Asia-Pacific, Europe, the Middle East and Africa, North America, and South and Central America. In 2023, the Asia-Pacific region had the largest share of the IVUS consoles market and is expected to retain its position throughout the forecast period.
Rising mortality rates due to CVDs in the region are expected to make CVD diagnostics and treatments a regional priority which will be a major driver for the intravascular ultrasound system (IVUS) consoles market. Growing numbers of elderly individuals coupled with increasing rates of diabetes and obesity are also expected to drive market growth during the forecast period.
IVUS consoles Market Analysis by Regions, 2023 (%)
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IVUS consoles Market – Competitive Landscape
The key companies in the IVUS consoles market are Koninklijke Philips NV, Boston Scientific Corp, Terumo Corp, ACIST Medical Systems Inc., and InfraReDx Inc among others. In 2023, Koninklijke Philips NV accounted for the highest IVUS consoles market share.
IVUS consoles Market Analysis by Companies, 2023 (%)
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Segments Covered in this Report
IVUS consoles Regional Outlook ($ Million, 2015-2033)
- Asia-Pacific
- Europe
- Middle East and Africa
- North America
- South and Central America
Key Inclusions of the market model are:
Currently marketed IVUS consoles market and evolving competitive landscape:
- Insightful review of the key industry trends.
- Annualized total IVUS consoles market revenue by segment and market outlooks from 2015-2033.
- Market-level data on units, average selling prices, and market values.
Global, Regional, and Country level market specific insights:
- Qualitative market-specific information is available with global trends further broken down into regional trends. In addition, GlobalData analysts provide unique country-specific insights on the market.
- SWOT analysis for the IVUS consoles market.
- Competitive dynamics insights and trends provided for the IVUS consoles market.
Understand the market by getting the veritable big picture including an overview of the healthcare system. In addition, the Market Access segment allows you to delve deeper into market dynamics with information on reimbursement policies and the regulatory landscape.
- Country-specific overview of the healthcare system.
- Country-specific reimbursement policies.
- Country-specific medtech regulatory landscape.
Robust methodologies and sources enable the model to provide an extensive and accurate overview of the market. Demand and supply-side primary sources are integrated within the syndicated models, including Key Opinion Leaders. In addition, real-world data sources are leveraged to determine market trends; these include government procedure databases, hospital purchasing databases, and proprietary online databases.
Companies covered: Koninklijke Philips N.V., Boston Scientific Corp, Terumo Corp, ACIST Medical Systems and Nipro Corp.
Countries covered: United States, United Kingdom, Germany, France, Italy, Spain, Brazil, China, India, Russia, Japan, Australia, Canada, Mexico, South Korea, Denmark, Ireland, Netherlands, New Zealand, South Africa, Sweden, Switzerland, Austria, Belgium, Finland, Israel, Norway, Poland, Portugal, Taiwan, Czech Republic, Greece, Hungary, Turkey, Egypt, Saudi Arabia, United Arab Emirates, Argentina, and Chile.
Scope
This Market Model gives important, expert insight you won’t find in any other source. The model illustrates qualitative and quantitative trends within the specified market. This model is required reading for
- CMO executives who must have a deep understanding of the IVUS consoles marketplace to make strategic planning and investment decisions.
- Sourcing and procurement executives must understand crucial components of the supply base in order to make decisions about supplier selection and management.
- Private equity investors that need a deeper understanding of the market to identify and value potential investment targets.
Reasons to Buy
- Understand the impact of COVID-19 on IVUS consoles.
- Develop and design your in-licensing and out-licensing strategies through a review of pipeline products and technologies, and by identifying the companies with the most robust pipeline.
- Develop business strategies by understanding the trends shaping and driving IVUS consoles.
- Drive revenues by understanding the key trends, innovative products and technologies, market segments, and companies likely to impact the IVUS consoles market in the future.
- Formulate effective sales and marketing strategies by understanding the competitive landscape and by analyzing the company’s share of market leaders.
- Identify emerging players with potentially strong product portfolios and create effective counter-strategies to gain a competitive advantage.
- Track device sales in the global and country-specific IVUS consoles market from 2015-2033.
- Organize your sales and marketing efforts by identifying the market categories and segments that present maximum opportunities for consolidations, investments, and strategic partnerships.
Frequently asked questions
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What is the IVUS consoles market size in 2023?
The IVUS consoles market size was $267 million in 2023.
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Which region dominated the IVUS consoles market in 2023?
Asia-Pacific was the largest regional segment of the IVUS consoles market in 2023.
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Which are the key companies operating in the IVUS consoles market?
The key companies in the IVUS consoles market are Koninklijke Philips N.V., Boston Scientific Corp, Terumo Corp, ACIST Medical Systems, and Nipro Corp.
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