Thursday, 25 July 2013

Market Overview: Global Industry Interventional Radiology Market Analysis 2013 - 2019


Interventional radiology involves the use of minimally invasive procedures in the diagnosis (example: angiograms) and treatment (example: angioplasties) of various medical conditions. These procedures are performed with the aid of image guidance systems. Interventional radiology includes various processes such as biopsies, cancerous/non-cancerous tumor removal and intravascular procedures. Interventional radiology systems offer best image quality and high efficacy for various diagnostic and treatment procedures. 




The Society of Interventional Radiology (SIR) based in the U.S. is witnessing a steady growth in the memberships worldwide. At present, there are more than 4000 members worldwide. The major types of interventional radiological procedures in practice are angioplasty, venous access, biopsy, fibroid embolization, stents, arteriogram and embolization. Image-guided interventional radiology systems assist radiologists to conduct efficient and minimally invasive surgeries with the help of guide wires, catheters and stents.

The replacement of open surgeries with minimally invasive procedures is one of the key trends in medicine industry. The increasing popularity of minimally invasive procedures has spurred the demand for hybrid operating rooms incorporating interventional radiology systems. The market for interventional radiology systems is witnessing commendable growth due to their high efficacy, technological advances and wide application areas. Interventional radiology market can be segmented by product types, technological platforms, application areas and geographies. Various application areas of interventional radiology products comprise of neurology, cardiology, gastrointestinal and urology. The product segments comprise of guide wires, catheters and guiding catheters.



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