Vascular Imaging Market Size, Share, Industry Analysis, Trends, Growth, 2032

Vascular Imaging Industry Prospective:

The vascular imaging market size was worth around USD 5.82 Billion in 2023 and is predicted to grow to around USD 10.03 Billion by 2032 with a compound annual growth rate (CAGR) of roughly 6.23% between 2024 and 2032.

The report covers a forecast and an analysis of the vascular imaging market on a global and regional level. The study provides historical data from 2018 to 2022 along with a forecast from 2024 to 2032 based on revenue (USD Billion). The study includes the drivers and restraints of the vascular imaging market along with their impact on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the vascular imaging market on a global level.

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In order to give the users of this report a comprehensive view of the vascular imaging market, we have included a competitive landscape and an analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.

Vascular Imaging Market: Overview

Imaging techniques are the tests that picture the insides of the human body or some body parts to diagnose a particular disease. Vascular imaging detects and assesses the blood that is circulated through veins and vesicles, which also helps the surgeons to perform surgeries according to the specific disease. There are various imaging techniques, such as CT, MRI, ultrasound, and x-ray, which are used for the detection of vascular problems and diseases.

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The report provides company market share analysis to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new product launch, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the market.

Vascular Imaging Market: Growth Factors

The global vascular imaging market is expected to witness notable growth over the forecast time period, due to the rapidly growing number of patients suffering from CVD (cardiovascular disease). Increasing incidences of various CVD are also expected to fuel the vascular imaging market globally, as vascular imaging is required for the diagnosis of CVDs. Invention and development of vascular imaging technology and an increase in the adoption of non-invasive or minimally invasive technologies are likely to further drive the global vascular imaging market. The rapid increase in the geriatric population is also projected to support this global market. However, the high price of vascular imaging and the lack of expertise for handling the equipment may restrain the global vascular imaging market development.

Vascular Imaging Market: Segmentation

The global vascular imaging market is fragmented on the basis of technique, procedure, and end-user.

By technique, the vascular imaging market includes magnetic resonance imaging (MRI), ultrasound, x-ray, nuclear imaging, and computed tomography (CT). The MRI segment is expected to dominate the global market, owing to the increase in the prevalence of CVDs among the geriatric population and rapid technological advancements made in the MRI technique.

By procedure, the vascular imaging market includes cerebral angiography, coronary angiography, vascular ultrasound, peripheral angiography, and microangiography. Coronary angiography is expected to lead the market globally in the future, owing to the increase in the presence of the geriatric population.

By end-user, this global market comprises diagnostic imaging centers, hospital, and others. The hospital segment is expected to dominate the vascular imaging market in the years ahead, due to the presence of a large patient pool and early introduction of new technologies.

The regional segment includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa with its further categorization into major countries including the U.S., UK, Germany, France, China, Japan, India, Brazil, etc.

Vascular Imaging Market: Report Scope

Vascular Imaging Market: Regional Insights

By region, North America is expected to lead the global vascular imaging market in the future due to the increasing capital investments made in hospitals and the rising number of surgeries performed in the region. The Asia Pacific global vascular imaging market is expected to be the fastest growing region in the upcoming years globally. This regional growth can be attributed to the rapid growth in the region’s geriatric population, increase in awareness about vascular imaging technologies, and rise in the number of hospitals.

Vascular Imaging Market: Competitive Space

Some major players operating in the global vascular imaging market are

• Siemens Healthineers
• TERUMO Corporation
• GE Healthcare
• Hitachi Medical Corporation
• Shimadzu
• Samsung Medison
• Toshiba Medical Systems Corporation
• Koninklijke Philips
• Carestream Health
• Novadaq Technologies.
• And Others

This report segments the global vascular imaging market into:

Global Vascular Imaging Market: Technique Analysis

• Magnetic Resonance Imaging (MRI)
• Computed Tomography (CT)
• Ultrasound
• Nuclear Imaging
• X-Ray

Global Vascular Imaging Market: Procedure Analysis

• Coronary Angiography
• Peripheral Angiography
• Vascular Ultrasound
• Cerebral Angiography
• Microangiography

Global Vascular Imaging Market: End-User Analysis

• Hospital
• Diagnostic Imaging Centers
• Others

Global Vascular Imaging Market: Regional Analysis

• North America
  • The U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• Middle East and Africa