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• Current Market Size and Growth: The vascular imaging market is set to grow from $5.93 billion in 2023 to $6.31 billion in 2024, with a compound annual growth rate (CAGR) of 6.3%.
• Historic Growth Drivers: Key factors include advancements in imaging technologies, an aging global population, rising cardiovascular disease incidence, increased government healthcare funding, and enhanced awareness and early diagnosis.

Future Outlook and Trends

• Projected Growth: The market is expected to expand to $8.10 billion by 2028, driven by a CAGR of 6.5%.
• Growth Drivers: Future growth is attributed to improved awareness, regular screening programs, non-invasive imaging preferences, medical tourism, favourable reimbursement policies, and the increasing prevalence of age-related vascular diseases.
• Emerging Trends: Significant trends include advancements in 3D and 4D imaging technologies, hybrid imaging systems, enhanced imaging resolution, intravascular imaging improvements, telemedicine, and remote imaging solutions.

Read More On The Vascular Imaging Market Report 2024 – https://www.thebusinessresearchcompany.com/report/vascular-imaging-global-market-report

Rising Hypertension Incidences Fueling Market Expansion

• Hypertension Impact: The increasing prevalence of hypertension is expected to drive the vascular imaging market. Hypertension is linked to serious health issues like heart disease and stroke.
• Market Role: Vascular imaging is crucial in diagnosing and managing vascular abnormalities contributing to high blood pressure. For example, in March 2024, the CDC reported higher hypertension prevalence among specific demographics, emphasizing the need for effective vascular imaging solutions.

Key Players and Innovations

• Leading Companies: Major players include Hitachi Ltd., Siemens AG, General Electric Company, and Philips N.V., among others.
• Innovative Solutions: Companies are developing advanced solutions like wireless ultrasound imaging systems. For instance, GE HealthCare’s Vscan Air SL, launched in August 2023, offers handheld, wireless ultrasound capabilities for enhanced cardiac and vascular evaluations, integrating advanced imaging technologies.

Strategic Acquisitions Strengthening Market Position

• DirectMed Imaging Acquisition: In March 2024, DirectMed Imaging acquired Titanium Medical Imaging. This move is expected to enhance DirectMed Imaging’s global reach and offerings in the medical imaging sector.

Market Segmentation and Regional Insights

• Segmentation: The market is segmented by technique (MRI, ultrasound, CT, nuclear imaging, X-ray), procedure (coronary angiography, peripheral angiography, vascular ultrasound, etc.), application (diagnostic and therapeutic), and end user (hospitals, diagnostic centers).
• Regional Insights: North America was the largest market region in 2023, with significant growth anticipated in other regions as well.

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