Intravascular Ultrasound Market Projected To Surpass $4.13 Billion By 2030 At 8.8% CAGR
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How Will The Market Value Of The Intravascular Ultrasound Market Change Between 2026 And 2030?
The intravascular ultrasound market size has demonstrated significant expansion in recent years. It is projected to grow from $2.71 billion in 2025 to $2.95 billion in 2026, achieving a compound annual growth rate (CAGR) of 9.0%. This historical growth can be primarily attributed to factors such as the increasing prevalence of coronary artery disease, a rise in the number of percutaneous coronary interventions, the inherent limitations of angiography in plaque assessment, the expanding adoption of stent-based therapies, and continuous advancements in catheter-based imaging technologies.
The intravascular ultrasound market size is anticipated to experience substantial growth in the coming years. It is projected to reach $4.13 billion by 2030, demonstrating a compound annual growth rate (CAGR) of 8.8%. This expansion during the forecast period is primarily driven by factors such as a heightened preference for precision-guided cardiology procedures, an escalating demand for portable and compact IVUS systems, expanded adoption in the diagnosis of peripheral arterial disease, increasing investments in advanced cardiac imaging techniques, and greater awareness of the clinical advantages of IVUS. Key trends expected over the forecast period include the expanding uptake of IVUS-guided coronary interventions, its growing application in the assessment of complex lesions, a surging requirement for real-time intravascular imaging, the proliferation of minimally invasive cardiac procedures, and enhanced integration of IVUS with cath lab workflows.
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Which Core Factors Are Supporting The Expansion Of The Intravascular Ultrasound Market?
The increasing occurrence of cardiovascular diseases (CVDs) is anticipated to propel the expansion of the intravascular ultrasound market going forward. CVDs encompass various conditions impacting the heart and blood vessels. Factors contributing to the rise in CVD prevalence include insufficient physical activity, poor dietary habits, smoking, persistent stress, and heavy alcohol intake. Intravascular Ultrasound (IVUS) serves as an essential diagnostic instrument in managing CVDs. It offers comprehensive imagery and data regarding the internal structure of blood vessels, particularly coronary arteries, thereby substantially improving the diagnosis, therapeutic approaches, and overall management of diverse cardiovascular ailments. As an illustration, in September 2024, figures released by the British Heart Foundation, a UK-based cardiovascular research charity, indicated that approximately 7.6 million people in the UK suffer from heart and circulatory diseases, comprising about 4 million males and 3.6 million females living with these conditions. These conditions account for about 27% of all deaths in the UK, resulting in over 170,000 deaths annually, which averages out to roughly 480 deaths each day, or one fatality every three minutes. Consequently, the increasing prevalence of cardiovascular diseases (CVDs) is fueling the growth of the intravascular ultrasound market.
Which Segment Divisions Form The Structure Of The Intravascular Ultrasound Market?
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
Subsegments:
1) By Platform Intravascular Ultrasound: Console-Based Systems, Catheter-Based Systems
2) By Compact Intravascular Ultrasound: Portable Systems, Handheld Systems
What Trends Are Influencing The Intravascular Ultrasound Market Outlook?
Leading firms within the intravascular ultrasound market are prioritizing technological advancements, particularly with sonic lumen tomography (SLT) technology, aiming to refine diagnostic precision, aid more effective decision-making in cardiovascular interventions, and ultimately improve patient results. SLT technology improves how blood vessels are seen by offering detailed, cross-sectional images of both the lumen (the internal passage of a blood vessel) and its walls. An example is Provisio Medical Inc., a medical equipment manufacturer based in the US, which introduced its Provisio SLT Intravascular ultrasound (IVUS) system in May 2024. This Provisio SLT IVUS System is comprised of the SLT IVUS P1 system and the SLT IVUS support crossing catheter. Provisio enhances the collection and display of vessel sizing data through the application of Sonic Lumen Tomography technology within its front-line support crossing catheters. This innovation minimizes the time needed for data acquisition, reduces reliance on contrast media, and lowers radiation exposure, all without interrupting a physician’s established procedures.
Who Are The Companies Shaping The Intravascular Ultrasound Market Landscape?
Major companies operating in the intravascular ultrasound market are Abbott Laboratories, Medtronic plc, Siemens Healthcare GmbH, Fujifilm Corporation, GE HealthCare Technologies Inc., Koninklijke Philips N.V., Boston Scientific Corporation, Terumo Corporation, Fujikura Ltd., Shenzhen Mindray Bio-Medical Electronics Co. Ltd., Canon Medical Systems Corporation, ACIST Medical Systems Inc., Pie Medical Imaging BV, Conavi Medical Inc., Samsung Medison Co. Ltd., Esaote S.p.A.
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Which Region Holds The Largest Share In The Intravascular Ultrasound Market?
North America was the largest region in the intravascular ultrasound market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the intravascular ultrasound market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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