The Intravascular Ultrasound Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Intravascular Ultrasound Market?
The Intravascular Ultrasound market has seen significant growth in recent years. The market value was $2.49 billion in 2024 and it's predicted to reach $2.71 billion in 2025, with a compound annual growth rate (CAGR) of 9.2%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Intravascular Ultrasound Industry?
In 2029, the Intravascular Ultrasound market is projected to reach a market size of $3.83 billion, with an estimated compound annual growth rate (CAGR) of 9.0%.
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What are the Key Growth Drivers Fueling the Intravascular Ultrasound Market?
The drivers in the intravascular ultrasound market are:
• Increased prevalence of cardiovascular diseases
• Rising trend of minimally invasive procedures
• Growing geriatric population requiring medical care
• Expansion of healthcare infrastructure and increasing healthcare spending
Global Market Segmentation: Identifying Major Intravascular Ultrasound Industry Segments
The intravascular ultrasound market covered in this report is segmented –
1) By Type: Platform Intravascular Ultrasound, Compact Intravascular Ultrasound
2) By Modality: Virtual Histology Intravascular Ultrasound (IVUS), iMap Intravascular Ultrasound (IVUS), Integrated Backscatter Intravascular Ultrasound (IVUS)
3) By Application: Peripheral Arterial Diseases, Cardiovascular Diseases
4) By End use: Hospital, Diagnostic Centers, Academic And Research Institutes
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What are the emerging Trends Shaping the Future of the Intravascular Ultrasound Market?
The trends in the intravascular ultrasound market are:
• Adoption of Intravascular Ultrasound (IVUS) technology in coronary interventions is a noteworthy emerging trend.
• Employing machine learning and artificial intelligence algorithms in IVUS technology represents a major future trend.
• The development and use of portable and miniaturized IVUS devices is shaping the market.
• Advances in image resolution, real-time feedback systems, and the implementation of 3D IVUS imaging for improved visualization are key trends being witnessed.
Who Are the Top Competitors & Leading Players in the Intravascular Ultrasound Market?
The major players in the intravascular ultrasound market are:
• Abbott Laboratories
• Medtronic plc
• Siemens Healthcare GmbH
• Fujifilm Corporation
• GE HealthCare Technologies Inc
Regional Dominance: Which Area Leads the Global Comprehensive Intravascular Ultrasound Market Overview 2025: Trends, Size & Growth Insights Market?
North America was the largest region in the intravascular ultrasound market in 2024
