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What Future CAGR is Anticipated for the Intravascular Ultrasound Market Over the 2025–2034 Period?

In recent times, there has been robust growth observed in the intravascular ultrasound market size. It is forecasted to increase from $2.49 billion in 2024 to $2.71 billion in 2025, marking a compound annual growth rate (CAGR) of 9.2%. The historic period’s surge can be credited to a higher occurrence of cardiovascular diseases, the ascendance of minimally invasive procedures, the expanding elderly populace, the development of healthcare structures, and a rise in healthcare spending.

The market for intravascular ultrasound is forecasted to experience robust growth in the forthcoming years, rising to a value of $3.83 billion in 2029 with a compound annual growth rate of 9.0%. This growth in the forecast period is believed to be driven by increasing usage of IVUS in coronary procedures, heightened awareness of early detection and treatment of cardiovascular diseases, the creation of high definition IVUS catheters, and a boom in research and development activities in the field of medical imaging, along with a growing prevalence of diabetes. Notable trends in the prediction period encompass the embracing of IVUS technology, integration of AI and machine learning algorithms, the creation of compact and mobile IVUS instruments, the use of 3D IVUS imaging for improved visualization, advancements in image resolution, and the incorporation of real-time feedback systems.

Which Factors Are Enhancing the Growth of the Intravascular Ultrasound Market?

The escalating occurrence of cardiovascular diseases (CVDs) is forecasted to catalyze the expansion of the intravascular ultrasound market in the future. CVDs represent a collection of illnesses that impact the heart and blood vessels. The rampant rise of CVDs can be attributed to an absence of physical exercise, unhealthy eating habits, smoking, chronic stress, and an excessive intake of alcohol. Intravascular Ultrasound (IVUS) has proven to be an invaluable diagnostic instrument in dealing with CVDs. It offers detailed imagery and insights about the internals of the blood vessels, especially the coronary arteries, thereby vastly improving the diagnosis, treatment, and management of several cardiovascular ailments. For example, data published by the British Heart Foundation, a UK-based cardiovascular research charity, showcased that in September 2024 in the UK, an estimated 7.6 million individuals suffer from heart and circulatory diseases. The affected include around 4 million males and 3.6 million females. These maladies account for nearly 27% of all fatalities in the UK, leading to over 170,000 annual deaths, or approximately 480 deaths each day. This can be summed up as one death every three minutes. As a result, the proliferating cases of cardiovascular diseases (CVDs) are propelling the expansion of the intravascular ultrasound market.

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Who Are the Influential Players Fueling Innovation and Growth in the Intravascular Ultrasound Market?

Major companies operating in the intravascular ultrasound market are:

• Abbott Laboratories_x000D_

• Medtronic plc_x000D_

• Siemens Healthcare GmbH_x000D_

• Fujifilm Corporation_x000D_

• GE HealthCare Technologies Inc._x000D_

What Impact Are Industry Trends Having on the Intravascular Ultrasound Market’s Future Prospects?

Leading entities in the intravascular ultrasound market, such as Provisio Medical Inc., are incorporating sonic lumen tomography (SLT) technology into their operations in an effort to enhance diagnostic ability, support more informed decision-making during cardiovascular procedures, and ultimately, improve patient outcomes. The application of SLT technology advances the visualization of blood vessels by rendering high-resolution, cross-sectional images of the lumen, the inner space of a blood vessel, and the wall of the vessel. The flagship Provisio SLT Intravascular ultrasound (IVUS) system, launched in May 2024, includes the SLT IVUS P1 system and the SLT IVUS support crossing catheter. Thanks to this technology, Provisio Medical is able to streamline data collection for vessel sizing and presentation through the use of Sonic Lumen Tomography technology when employing front-line support crossing catheters. As a result, they are able to reduce data acquisition time, minimize the use of contrast media, and decrease radiation exposure, all without breaking the physician’s workflow.

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Which Key Segments Stand Out in Understanding the Composition 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 Regions Are Leading the Growth Trajectory of the Intravascular Ultrasound Market?

North America was the largest region in the intravascular ultrasound market in 2024. 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, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What Are the Key Characteristics That Define the Intravascular Ultrasound Market?

Intravascular ultrasound refers to a medical imaging procedure that uses sound waves to capture real time images of blood vessel walls, aiding in assessing coronary artery disease and guiding stent placement during procedures. It provides precise, real-time visualization of arterial structures, enhancing treatment planning and outcomes in interventional cardiology.

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