Vascular Ultrasound Market Future Opportunities and Key Findings till 2028

The global vascular imaging market size was USD 7.52 Billion in 2020 and is expected to register a revenue CAGR of 6.9% during the forecast period.

The global Vascular Ultrasound Market size is expected to reach USD 12.85 Billion in 2028 and register a revenue CAGR of 6.9% over the forecast period, according to the latest report by Reports and Data. Rising prevalence of vascular disorders and increasing preference for minimally invasive diagnostic procedures are some key factors expected to drive market revenue growth over the forecast period. In addition, use of advanced imaging equipment in hybrid operating rooms is also expected to contribute significantly to revenue growth of the market going ahead.

A hybrid room combines the features of an interventional room and traditional vascular and cardiac surgery operating theatre. In recent years, hybrid operation rooms are increasingly preferred as these facilities enables to carry out increasingly complex, minimally invasive, faster and more precise diagnostic procedures associated with cardiovascular surgery such as the treatment of an aneurysm or aortic dissection. The hybrid room implements state-of-the-art equipment to facilitate treatment of these diseases in a percutaneous manner and also facilitates introduction of customized prostheses adapted to each patient’s anatomy. This is expected to drive revenue growth of the market.

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Some Key Highlights From the Report:

  • In August 2020, Koniklijke Philips NV announced the acquisition of Intact Vascular Inc. to expand the portfolio of minimally invasive therapy options for peripheral artery disease. Through this acquisition, Philips will integrate Intact Vascular’s specialized implantable device with Philips interventional imaging systems and its diagnostic and therapeutic devices for optimizing and providing a complete procedural solution for peripheral artery disease treatment. 
  • Peripheral angiography segment revenue is expected to expand at a rapid CAGR over the forecast period, attributable to rising prevalence of peripheral arterial diseases and increasing use of peripheral angiography procedure to identify and evaluate blockage or any abnormalities in leg, arm, or neck.
  • Magnetic resonance angiography segment is expected to account for largest revenue share over the forecast period owing to increasing use of this technique for identifying vascular anomalies such as cerebral aneurysms, arterial lesions in sickle cell disease, arterial ischemic infarction, and other vascular anomalies.
  • Therapeutics segment is expected to register a significantly steady revenue CAGR owing to rapid development of targeted therapies and approaches, rising focus on preventive measures, and rapid implementation of advanced diagnostic techniques to increase success rate of treatments during early stage of disease. 
  • Diagnostic imaging centers segment revenue is expected to expand at a robust CAGR over the forecast period owing to increasing private and public funding to develop state-of-the-art imaging facilities, enable improved accessibility, presence of skilled radiologists, and increasing preference for outpatient imaging services.
  • North America is expected to account for largest revenue share over the forecast period, attributable to rising prevalence of chronic disorders, increasing demand for mobile Vascular Ultrasound devices, availability of favorable reimbursement policies, and increasing funding to adopt technologically advanced imaging modalities in hospitals and centers in countries in the region.

Key Players covered in this report are

Siemens Healthineers AG, GE Healthcare Inc., Carestream Health Inc., Koninklijke Philips NV, Samsung Medison Co. Ltd., Toshiba Medical Systems Corporation, Mindray Medical International Ltd., Shimadzu Corporation, Evena Medical Inc., and Omega Medical Imaging LLC.

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Procedure Outlook (Revenue, USD Billion; 2018-2028)

  • Coronary Angiography
  • Peripheral Angiography
  • Neurovascular Angiography
  • Vascular Ultrasound Procedures
  • Others

Technology Outlook (Revenue, USD Billion; 2018-2028)

  • Magnetic Resonance Imaging Angiography
  • Computed Tomography Angiography
  • Ultrasound
  • X-Ray
  • Nuclear Imaging

Application Outlook (Revenue, USD Billion; 2018-2028)

  • Diagnostic
  • Therapeutic

 End-Use Outlook (Revenue, USD Billion; 2018-2028)

  • Hospitals
  • Diagnostic Imaging Centers
  • Others

Geographic Segment Covered in the Report:

The Vascular Ultrasound report provides information about the market area, which is further subdivided into sub-regions and countries/regions. In addition to the market share in each country and sub-region, this chapter of this report also contains information on profit opportunities. This chapter of the report mentions the market share and growth rate of each region, country, and sub-region during the estimated period.

  • North America (USA and Canada)
  • Europe (UK, Germany, France and the rest of Europe)
  • Asia Pacific (China, Japan, India, and the rest of the Asia Pacific region)
  • Latin America (Brazil, Mexico, and the rest of Latin America)
  • Middle East and Africa (GCC and rest of the Middle East and Africa)

Major Points covered in this report are as below:

• The Vascular Ultrasound industry development trends and marketing channels are analyzed. The feasibility of new investment projects are assessed and overall research conclusions offered.

• With the tables and figures, the report provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.

• Development policies and plans, manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand figures, cost, price, revenue and gross margins.

• The Vascular Ultrasound Market report provides key statistics on the market status of the Vascular Ultrasound manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.

We can also provide the customized data for separate regions like North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central South America, Brazil, Argentina, Rest of South America, Middle East Africa, Saudi Arabia, Turkey, Rest of Middle East Africa

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