2024-2033 Interventional Radiology Market Forecast: Predicted Growth Rate and Market Size
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What is the Expected Growth Rate of the Interventional Radiology Global Market Report 2024 Market from 2024 to 2033?
The interventional radiology market has seen rapid growth and will rise from $24.08 billion in 2023 to $27.42 billion in 2024, at a CAGR of 13.9%. This growth is linked to an aging population, higher prevalence of chronic diseases, increased telehealth adoption, and the rise in minimally invasive procedures.
The interventional radiology market is projected to reach $44.06 billion by 2028, growing at a CAGR of 12.6%. The growth is driven by healthcare infrastructure improvements, increasing use of interventional radiology, and patient awareness. Key trends include focused ultrasound adoption, pediatric radiology, and point-of-care imaging.
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What Key Factors Are Fueling the Growth of the Interventional Radiology Global Market Report 2024 Market?
The increasing incidence of cancer is anticipated to drive the growth of the interventional radiology market. Cancer claimed 134,802 lives in England in 2021, as reported by the House of Commons Library in February 2023. The demand for interventional radiology techniques, such as ablation and embolization, rises with the increasing prevalence of cancer.
What Are the Major Segments of the Interventional Radiology Global Market Report 2024 Market?
1) By Product: MRI, Ultrasound Imaging, CT Scanners, Angiography Systems, Fluoroscopy Systems, Biopsy Devices, Other Products
2) By Procedure: Angioplasty, Angiography, Biopsy And Drainage, Embolization, Thrombolysis, Vertebroplasty, Nephrostomy, Other Procedures
3) By Application: Oncology, Cardiology, Urology And Nephrology, Gastroenterology, Other Applications
What New Trends Are Transforming the Interventional Radiology Global Market Report 2024 Market?
Artificial Intelligence (AI) is a prominent trend in the interventional radiology market, driving companies to introduce innovative technologies to stay competitive. Shimadzu Medical Systems launched the Trinias angiography system with AI assistance in June 2022, designed to aid various interventional procedures including cardiology, neurology, radiology, and oncology. This system facilitates the diagnosis and treatment of heart diseases such as congenital abnormalities, valve diseases, and coronary artery diseases, showcasing the integration of AI in improving medical interventions.
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Which Regions Are Driving Growth in the Interventional Radiology Global Market Report 2024 Market?
North America was the largest region in the interventional radiology global market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the interventional radiology market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The Interventional Radiology Global Market Report 2024 Global Market Report 2024 offers a comprehensive overview of the audio equipment market, covering historical data from 2010 to 2021 and providing a ten-year forecast from 2023 to 2032. This report examines the size of the interventional radiology global market report 2024 market, its market share, and analyzes key competitors along with their market positions.
The Table Of Content For The Interventional Radiology Global Market Report 2024 Market Include
1. Interventional Radiology Global Market Report 2024 Market Executive Summary
2. Interventional Radiology Global Market Report 2024 Market Segments
3. Interventional Radiology Global Market Report 2024 Market Size And Template Market Growth Rate
4. Key Interventional Radiology Global Market Report 2024 Market Trends
5. Major Interventional Radiology Global Market Report 2024 Market Drivers
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25. Key Mergers And Acquisitions In The Interventional Radiology Global Market Report 2024 Market
26. Top Interventional Radiology Global Market Report 2024 Companies
27. Interventional Radiology Global Market Report 2024 Market Opportunities And Strategies
28. Interventional Radiology Global Market Report 2024 Market, Conclusions And Recommendations
29. Appendix
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