Intravascular ultrasound (IVUS) Catheter Market size was valued at USD 1.5 Billion in 2024 and is projected to reach USD 2.8 Billion by 2033, exhibiting a CAGR of 7.5% from 2026 to 2033.
The global Intravascular Ultrasound (IVUS) Catheter Market was valued at approximately USD 1.1 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 7.5% from 2023 to 2030. The markets expansion is attributed to the increasing demand for minimally invasive diagnostic procedures, advancements in catheter technologies, and the rising prevalence of cardiovascular diseases. The North American region held the largest share in 2022, contributing around 40% of the market revenue, primarily driven by the presence of advanced healthcare infrastructure, high healthcare spending, and increasing adoption of IVUS procedures. The European market followed closely, with a market size of approximately USD 330 million in 2022, exhibiting a steady growth trajectory due to improvements in healthcare systems and increasing awareness regarding cardiovascular health. In Asia Pacific, the market is expected to witness significant growth, with a projected CAGR of 9.2% during the forecast period. This growth is fueled by the expanding healthcare sector, rising disposable income, and increased access to advanced medical technologies. The market in this region was valued at around USD 240 million in 2022. The Latin American and Middle East & Africa markets, though comparatively smaller, are anticipated to witness steady growth due to growing healthcare investments and improvements in medical facilities. The IVUS catheter market in these regions is expected to reach approximately USD 120 million by 2030. With the growing aging population and increasing prevalence of cardiovascular diseases, significant opportunities lie in these emerging markets, presenting substantial revenue potential for industry players in the coming years.
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Abbott Laboratories
Boston Scientific
Cook Medical
Cordis Corporation
Medtronic
Smiths Medical
St. Jude Medical
Terumo Corporation
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Intravascular ultrasound (IVUS) Catheter Market
Single-Use IVUS Catheters
Reusable IVUS Catheters
Rotational IVUS Catheters
Optical Coherence Tomography (OCT) IVUS Catheters
Coronary Artery Disease
Peripheral Artery Disease
Carotid Artery Disease
Hospitals
Ambulatory Surgical Centers
Cardiac Catheterization Labs
Standard IVUS Catheters
Advanced IVUS Catheters
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Intravascular ultrasound (IVUS) Catheter Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Intravascular ultrasound (IVUS) Catheter Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Intravascular ultrasound (IVUS) Catheter Market, By Type
6. Global Intravascular ultrasound (IVUS) Catheter Market, By Application
7. Global Intravascular ultrasound (IVUS) Catheter Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Intravascular ultrasound (IVUS) Catheter Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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