Interventional Radiology Products Market: What kind of growth is expected in the market?
The global interventional radiology products market is expected to reach USD 8.02 Billion, at a CAGR of 4.8%
(EMAILWIRE.COM, December 01, 2018 ) The major factors driving the growth in Interventional Radiology Products Market are rising incidence of chronic diseases, rising geriatric population, and increasing demand for minimally invasive surgeries.
The report segments this market on the basis of type, procedure, application, and region. Based on type, the market is segmented into stents, catheters, IVC filters, hemodynamic flow alteration devices, angioplasty balloons, thrombectomy systems, embolization devices, biopsy needles, and accessories. In 2016, the stents segment is expected to dominate the global interventional radiology products market. The key factors driving the growth of the interventional radiology stents market are the growing geriatric population and increasing incidence of cardiovascular diseases around the world.
Browse 79 market data tables and 37 figures spread through 144 pages and in-depth TOC on “Interventional Radiology Products Market".
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Based on procedure, the market is segmented into angioplasty, angiography, embolization, thrombolysis, biopsy & drainage, vertebroplasty, nephrostomy, and other applications. In 2016, the angiography segment is expected to account for the largest share of this market. The growing demand for minimally invasive procedures and rising geriatric population are the key factors driving market growth in this segment.
North America is expected to account for the largest share of the market. The rising incidence of chronic diseases (CVD), the increasing demand for minimally invasive procedures, and availability of reimbursement for minimally invasive products in this region are the major factors contributing to the growth of this market.
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Key players in the interventional radiology products market include Abbott Vascular (U.S.), Boston Scientific Corporation (U.S.), Medtronic plc (Ireland), Cardinal Health (U.S.), B. Braun Melsungen AG (Germany), C.R Bard (U.S.), Biosensor International Group Ltd. (Singapore), Stryker Corporation (U.S.), Terumo Corporation (Japan), and Cook Medical Inc. (U.S.).
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