The global Intravascular Ultrasound [IVUS] Devices market gathered revenue around USD 602 Million in 2020 and market is set to grow USD 1.4 Billion by the end of 2030. The global Intravascular Ultrasound [IVUS] Devices market is estimated to expand at a modest CAGR of 7.1% during the prediction period 2021 to 2030.IVUS devices are used to assess vessel/lumen diameter and lesion length. It helps to determine the amount of plaque buildup in a vessel and its composition. It is further used to ensure that stents have been properly placed and fully deployed. Rise in the need of IVUS procedures during PCI procedures and increase in the adoption of IVUS systems in hospitals and diagnostic centers are key factors that are likely to drive the global intravascular ultrasound (IVUS) devices market during the forecast period.
North America held a major share of the global intravascular ultrasound (IVUS) devices market in 2020, owing to the availability of skilled doctors, well-established healthcare facilities, and high healthcare expenditure.
This report analyzes the current scenario and future prospects of the global intravascular ultrasound (IVUS) devices market. High prevalence rate of cardiovascular disorders, technological advancements, and increase in geriatric population are expected to boost the global intravascular ultrasound (IVUS) devices market.
The report includes an elaborate executive summary, which provides a snapshot of various segments of the global intravascular ultrasound (IVUS) devices market. It also provides information and data analysis of the intravascular ultrasound (IVUS) devices market with regard to segments based on product, application, end user, and region.
The overview section of the report provides a detailed qualitative analysis of drivers, restraints, and opportunities that impact the global intravascular ultrasound (IVUS) devices market
This research report purposes at stressing the most lucrative growth prospects.The aim of the research report is to provide an inclusive valuation of the Intravascular Ultrasound [IVUS] Devices market and it encompasses thoughtful visions, actualities, industry-validated market findings, historic data, and prognoses by means of appropriate set of assumptions and practice. Global Intravascular Ultrasound [IVUS] Devices market reportaids in comprehendingmarket structure and dynamics by recognizing and scrutinizing the market sectors and predicted the global market outlook.
COVID-19 Impact Assessment on Market Landscape
The report comprises the scrutiny of COVID-19 lock-downimpact on the income of market leaders, disrupters and followers. Since lock down was instigated differently in diverse regions and nations, influence of same is also dissimilaracross various industry verticals. The research reportofferspresent short-term and long-term influence on the market to assist market participants across value chain makers to formulate the framework for short term and long-lastingtactics for recovery and by region.
Intravascular Ultrasound [IVUS] Devices market report empower readers with all-inclusive market intelligence and offers a granular outline of the market they are operational in. Further this research study delivers exceptional combination of tangible perceptions and qualitative scrutiny to aid companies accomplish sustainable growth. This report employs industry-leading research practices and tools to assemble all-inclusive market studies, intermingled with pertinent data. Additionally, this report also emphases on the competitive examination of crucial players by analyzing their product portfolio, pricing, gross margins, financial position, growth approaches, and regional occurrence.
Competitive Rivalry
Foremost players in the market are attentive on adopting corporation strategies to enhance their market share.Some of the prominent tactics undertaken by leading market participants in order to sustain the fierce market completion include collaborations, acquisitions, substantial spending in R&D and the improvement of new-fangled products or reforms among others.
Significant Market Participants Operational in the Intravascular Ultrasound [IVUS] Devices Market are:
The global intravascular ultrasound (IVUS) devices market are Axle International, Boston Scientific Corporation, Infraredx, Inc., Koninklijke Philips N.V., Terumo Corporation, Siemens Healthineers AG, Conavi Medical Inc. and ACIST Medical Systems.
Unravelling the Critical Segments
This research report offers market revenue, sales volume, production assessment and prognoses by classifying it on the basis of various aspects includingproduct type, application/end-user, and region. Further, this research study investigates market size, production, consumption and its development trends at global, regional, and country level for period 2017 to 2030 and covers subsequent region in its scope:
Global Intravascular Ultrasound (IVUS) Devices Market: Segmentation
North America
Europe
Asia Pacific
Central & South America
Middle East and Africa