How Has the Vascular Imaging Market Size Evolved in Recent Years?
The vascular imaging market has seen considerable growth due to a variety of factors.
• The vascular imaging market has experienced strong growth in recent years. It is expected to grow from $6.31 billion in 2024 to $6.73 billion in 2025, at a CAGR of 6.6%.
This growth is attributed to continuous improvements in imaging technologies, a growing elderly population globally, the rising incidence of cardiovascular diseases, increased government funding for healthcare infrastructure, and greater awareness and early diagnosis.
What Are The Predictions for The Vascular Imaging Market in the Coming Years?
The vascular imaging market is expected to maintain its strong growth trajectory in upcoming years.
• The vascular imaging market is projected to grow to $8.61 billion by 2029 with a CAGR of 6.4%.
Growth factors include awareness, preference for non-invasive imaging, medical tourism, favorable reimbursement policies, and the rise of age-related vascular diseases. Trends include advancements in 3D and 4D imaging, hybrid imaging systems, and improvements in imaging clarity.
Which Drivers Are Accelerating Growth In The Vascular Imaging Market?
The vascular imaging market is set to expand due to the rising instances of hypertension. Characterized by a continuously high pressure of blood against artery walls, hypertension can lead to severe health issues like heart disease and stroke. The upsurge in hypertension is attributed to lifestyle factors such as an unhealthy diet, inadequate physical activity, stress, an increase in obesity rates, and growing aging populations. Vascular imaging plays a pivotal role in hypertension by evaluating vascular structure and function, assisting in the diagnosis and management of fundamental vascular abnormalities that induce high blood pressure. For example, in March 2024, the Centers for Disease Control and Prevention, a US-based national public health body, noted a higher prevalence of hypertension among men (33.2%) than women (27.0%), among adults aged 65 years and above (60.6%), compared to those aged 18–44 years (14.5%) and 45–64 years (40.3%). They also noted a higher occurrence in black adults (40.2%) than Asian adults (22.7%), and among individuals with less than a high school education (33.8%), compared to those with some college (31.2%) or a college degree or higher education (25.5%). Thus, the rise in hypertension incidences is propelling the vascular imaging market's growth.
What Are The Core Segments Of The Global Vascular Imaging Market?
The vascular imaging market covered in this report is segmented –
1) By Technique: Magnetic Resonance Imaging, Ultrasound, Computed Tomography, Nuclear Imaging, X-Ray
2) By Procedure: Coronary Angiography, Peripheral Angiography, Neurovascular Angiography, Vascular Ultrasound Procedures, Micro Angiography, Other Procedures
3) By Application: Diagnostic Applications, Therapeutic Applications
4) By End User: Hospitals, Diagnostic Imaging Centers, Other End-Users
Subsegments:
1) By Magnetic Resonance Imaging: Magnetic Resonance Angiography (MRA), Contrast-Enhanced MRI, 3D MRI Imaging For Vascular Analysis
2) By Ultrasound: Doppler Ultrasound, Color Doppler Ultrasound, 3D Or 4D Ultrasound Imaging, Elastography For Vascular Imaging
3) By Computed Tomography: Computed Tomography Angiography (CTA), Contrast-Enhanced CT Imaging, 3D CT Vascular Imaging
4) By Nuclear Imaging: Positron Emission Tomography (PET), Single-Photon Emission Computed Tomography (SPECT), Hybrid Imaging (PET Or CT, PET Or MRI)
5) By X-Ray: Conventional X-Ray, Digital Subtraction Angiography (DSA), Fluoroscopy For Vascular Imaging
Pre-Book The Vascular Imaging Global Market Report 2025 Report For Swift Delivery And Comprehensive Insights:
What Trends Are Shaping The Vascular Imaging Market?
Leading corporations in the vascular imaging market are concentrating on the creation of groundbreaking solutions like wireless ultrasound imaging systems to bolster diagnostic proficiency and augment patient attention. Wireless ultrasound imaging systems are portable ultrasound devices that relay imaging data wirelessly, facilitating increased adaptability and movement within medical environments. For example, in August 2023, GE HealthCare Technologies Inc., a medical technology firm based in the US, unveiled Vscan Air SL. This handheld, wireless ultrasound imaging system is specifically designed for rapid cardiac and vascular assessments at the point-of-care, helping medical practitioners accelerate diagnosis and develop treatment plans. As an advanced version of the Vscan series, Vscan Air SL blends GE Healthcare's SignalMax and XDclear technology, offering outstanding imaging quality highlighted by its high penetration, resolution, and sensitivity, which are empowered by its state-of-the-art single-crystal transducer technology.
Who Are the Key Players In The Vascular Imaging Market?
Major companies operating in the vascular imaging market are:
• Hitachi Ltd.
• Siemens AG
• General Electric Company
• Abbott Laboratories
• Toshiba Corporation
• FUJIFILM Corporation
• Koninklijke Philips N.V.
• Stryker Corporation
• Konica Minolta Inc.
• Terumo Corporation
• Hologic Inc.
• Mindray Medical International Limited
• Shimadzu Corporation
• Canon Medical Systems Corporation
• Swedish Medical Centre
• Carestream Health
• Samsung Medison Co. Ltd.
• Esaote SpA
• BK Medical Holding Company Inc.
• Lumedx Corp
• Alpinion Medical Systems Co. Ltd.
• CorVascular Diagnostics LLC
What Are The Regional Insights Into The Vascular Imaging Market?
North America was the largest region in the vascular imaging market in 2023. The regions covered in the vascular imaging market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
