North America Nonvascular Interventional Radiology Device Market was valued at USD 0.9 Billion in 2022 and is projected to reach USD 1.5 Billion by 2030, growing at a CAGR of 7.2% from 2024 to 2030.
The North American Nonvascular Interventional Radiology Device market is experiencing significant growth, driven by the increasing adoption of minimally invasive procedures, technological advancements, and the rising prevalence of chronic diseases. These devices are used for a wide range of applications, including oncology, urology, and gastroenterology, allowing physicians to perform diagnostic and therapeutic procedures without the need for traditional surgery. As these devices offer reduced recovery times and fewer complications, their demand is growing rapidly across hospitals, clinics, and outpatient settings.
One key factor driving the demand for nonvascular interventional radiology devices is the need for precision and less invasive treatments. With the increasing number of patients suffering from diseases such as cancer, kidney stones, and liver disorders, the demand for nonvascular procedures, such as ablations, biopsies, and drainage, has surged. Additionally, advancements in imaging technologies, like MRI and CT scans, have made it easier for radiologists to navigate and guide procedures, ensuring better outcomes and improving patient safety.
In terms of application, oncology remains the largest and fastest-growing segment. Nonvascular interventional radiology devices are particularly effective in the treatment of tumors, offering techniques like radiofrequency ablation and microwave ablation, which are highly effective in destroying cancer cells with minimal damage to surrounding tissues. Urology is also a significant market driver, with procedures such as percutaneous nephrostomy and stone extraction growing in popularity. These devices are crucial for treating conditions like kidney stones and obstructions, which often require precision and quick recovery.
The increasing focus on patient comfort, quicker recovery times, and better clinical outcomes has shifted industry demand towards minimally invasive treatments. As a result, nonvascular interventional radiology devices are becoming integral to hospitals, surgical centers, and diagnostic clinics, meeting the growing need for effective and patient-friendly treatment options. This surge in demand is expected to continue as healthcare providers recognize the advantages of nonvascular techniques in improving the quality of care and reducing healthcare costs.
As these devices continue to evolve with better technology and expanding applications, the North American Nonvascular Interventional Radiology Device Market is expected to experience sustained growth in the coming years.
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Siemens
Boill Holding Group
Guerbet Group's
Boston Scientific
Cook Group
Teleflex
Siemens
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. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. 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 North America Nonvascular Interventional Radiology Device Market
Hospitals
Specialty Clinics
Ambulatory Surgical Centers
Others
Based on Types the Market is categorized into Below types that held the largest Nonvascular Interventional Radiology Device market share In 2023.
Sutures
Catheterization Sets
Biopsy Needles
Others
North America (United States, North America 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 North America Nonvascular Interventional Radiology Device 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. North America Nonvascular Interventional Radiology Device Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. North America Nonvascular Interventional Radiology Device Market, By Type
6. North America Nonvascular Interventional Radiology Device Market, By Application
7. North America Nonvascular Interventional Radiology Device Market, By Geography
North America
Europe
Asia Pacific
Rest of the World
8. North America Nonvascular Interventional Radiology Device Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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