Intravascular Ultrasound Imaging System Market Revenue Generation, Business Opportunity | Philips Volcano, Boston Scientific Corporation, GE Healthcare, Siemens Healthineers

The intravascular ultrasound imaging system (IVUS) is a catheter-based imaging method that enables for viewing and assessment of blood vessel and heart morphological characteristics. It allows for real-time monitoring of aortic diameter measurement. When other imaging techniques, such as computed tomography and angiography, fail to give enough imaging information, this approach comes in handy.

Intravascular ultrasound imaging involves inserting a small catheter directly into the arteries to look for plaque that causes coronary artery disease. Intravascular ultrasound systems are increasingly being employed for clinical research objectives, such as directing the insertion of stents, evaluating treatment methods, and doing follow-up exams in heart surgery.

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Some of the leading manufacturers and suppliers of the Intravascular Ultrasound Imaging System market are Philips Volcano, Boston Scientific Corporation, GE Healthcare, Siemens Healthineers, Infraredx, Medtronic plc, Samsung Madison, Silicon Valley Medical Instruments, and Abbott Healthcare.

In order to give improved imaging of arteries, key players in the global intravascular ultrasound system market are developing new products. The global intravascular ultrasound imaging system market is projected to grow as a result of this. In August 2018, Infraredx, Inc., a Nipro subsidiary, reported the Japanese launch of the Makoto intravascular imaging system and supporting Dualpro intravascular ultrasound and near-infrared spectroscopy catheter for imaging cardiovascular disease. The introduction followed a Spring 2018 restricted market release that includes more than 10 hospitals in Japan, and this system has obtained clearance by Pharmaceuticals and Medical Devices Agency of Japan.

One of the major factors driving the global intravascular ultrasound system market is the rising incidence of cardiac problems. Atherosclerosis is a disorder in which artery narrowing causes cardiac ischemia, which is a common complication of cardiovascular disease. If unchecked, atherosclerosis can lead to myocardial infarction (heart attack).

In atherosclerosis, plaque is found to be the major driver of luminal narrowing. The global intravascular ultrasound system market can be used to examine plaque. As per a factsheet published by the World Health Organization (WHO), 17.7 million people die each year from cardiovascular diseases (CVDs), accounting for around 31 percent of all fatalities globally. Heart attacks and strokes account for 80% of all CVD fatalities. This can be avoided if these diseases are detected early enough using a variety of methods, including an intravascular ultrasonography system.

The picture quality of standard-definition intravascular ultrasonography, on the other hand, could make object identification difficult. This imaging method cannot see the thin fibrous cap thickness, making plaque composition difficult to describe. The physician who uses this technology must have the necessary knowledge to evaluate the picture and detect any abnormalities that may be present. These limitations are likely to restrict intravascular ultrasound system adoption, therefore limiting the global intravascular ultrasound imaging system market development.

Moreover, the high cost of the imaging technology and the lack of a standard payment scheme for IVUS are limiting the global intravascular ultrasound imaging system market’s growth.

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Major companies contributing in the global intravascular ultrasound system market are Siemens Healthineers, GE Healthcare, Boston Scientific Corporation, Philips Volcano, Abbott Healthcare, Silicon Valley Medical Instruments, Samsung Madison, Medtronic plc., and Infraredx.

Conavi Medical’s Novasight hybrid imaging system, which permits continuous monitoring of coronary vessels with both intravascular ultrasound and optical coherence tomography, received FDA clearance in July 2018. Interventional cardiologists utilize IVUS or OCT to evaluate coronary anatomy throughout angioplasty and stenting operations.

The Pioneer Plus catheter, which is the first and only re-entry device with IVUS (intravascular ultrasound) features and needle dispersion designed to aid arterial artery intervention, was re-launched by Royal Philips in June 2017. This technology takes pictures of arteries in the peripheral vascular system from inside the artery, allowing doctors to pinpoint the problem region and insert a catheter.

Even yet, Royal Philips signed a deal with Volcano Corporation in December 2014. In the interventional cardiology cath lab, Volcano is a pioneer in IVUS (intravascular ultrasonography) and FFR (fractional flow reserve) catheter studies. Philips’ existing range of interventional X-ray and ultrasound imaging equipment will be enhanced by this deal.

Boston Scientific introduced the Polaris imaging system in July 2014, a tool that works with the company’s IVUS (intravascular ultrasound) catheter. The system has gained FDA and CE mark authorization and is now in use in a number of clinics in the U.S. and Europe.

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Main points in Intravascular Ultrasound Imaging System Market Report Table of Content

Chapter 1 Industry Overview

1.1 Definition

1.2 Assumptions

1.3 Research Scope

1.4 Market Analysis by Regions

1.5 Global Intravascular Ultrasound Imaging System Market Size Analysis from 2021 to 2027

11.6 COVID-19 Outbreak: Intravascular Ultrasound Imaging System Industry Impact

Chapter 2 Global Intravascular Ultrasound Imaging System Competition by Types, Applications, and Top Regions and Countries

2.1 Global Intravascular Ultrasound Imaging System (Volume and Value) by Type

2.3 Global Intravascular Ultrasound Imaging System (Volume and Value) by Regions

Chapter 3 Production Market Analysis

3.1 Global Production Market Analysis

3.2 Regional Production Market Analysis

Chapter 4 Global Intravascular Ultrasound Imaging System Sales, Consumption, Export, Import by Regions (2016-2021)

Chapter 5 North America Intravascular Ultrasound Imaging System Market Analysis

Chapter 6 East Asia Intravascular Ultrasound Imaging System Market Analysis

Chapter 7 Europe Intravascular Ultrasound Imaging System Market Analysis

Chapter 8 South Asia Intravascular Ultrasound Imaging System Market Analysis

Chapter 9 Southeast Asia Intravascular Ultrasound Imaging System Market Analysis

Chapter 10 Middle East Intravascular Ultrasound Imaging System Market Analysis

Chapter 11 Africa Intravascular Ultrasound Imaging System Market Analysis

Chapter 12 Oceania Intravascular Ultrasound Imaging System Market Analysis

Chapter 13 South America Intravascular Ultrasound Imaging System Market Analysis

Chapter 14 Company Profiles and Key Figures in Intravascular Ultrasound Imaging System Business

Chapter 15 Global Intravascular Ultrasound Imaging System Market Forecast (2021-2027)

Chapter 16 Conclusions

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