North America Intravascular Ultrasound (IVUS) Devices Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Modality (Virtual Histology IVUS, iMap IVUS, and Integrated Backscatter IVUS), Product (Equipment, and Accessories [Catheters, Guidewires, and Others]), and End User (Hospitals and Clinics, Diagnostic Centers, and Academic and Research Institutes)
The North America intravascular ultrasound devices market is expected to reach US$ 370.49 million by 2028 from US$ 220.87 million in 2021; it is estimated to grow at a CAGR of 7.7% during 2021–2028.
The market growth in this region is ascribed to the rising prevalence of coronary disorders and an increase in the geriatric population. However, product recalls restrict the market growth.
Canada and Mexico are considerably modernizing their healthcare facilities and services. As a result, the life expectancy of people in these countries has increased, leading to the growth in their geriatric population base. According to the data by the WHO, in February 2018, the aging population is estimated to rise to 22% by 2050 from 12% in 2015. Furthermore, the US Census Bureau states in a report that the number of people in the US with age 65 and above is anticipated to grow from 46 million in 2016 to more than 98 million by 2060. Their population share would increase from ~15% to ~24% during this period. Moreover, underdeveloped and developing countries would account for ~80% of this growth.
In the 2019 Heart Disease and Stroke Statistical Update by the American Heart Association, Inc. (AHA), the incidence of cardiovascular disease (CVDs) was reported to be 77.2% in males and 78.2% in females of age 60–79. Furthermore, the incidence was reported to be 89.3% in males and 91.8% in females with age 80 and above. Age is a prominent risk factor in the development of CVDs. Heart’s physiological aging, and increased oxidative stress and inflammation are the major factors causing the onset and manifestation of CVDs. Thus, a rise in the elderly population underlines the demand for intravascular ultrasound devices (IVUS).
In North America, the COVID-19 pandemic highly impacted the major countries in the initial stages, i.e., during the first wave. In the US, due to increasing number of infected patients and lethal coronavirus variants, the diagnostic and imaging activities came to halt for an extended period during. This led to delay or cancellation of the overall diagnosis of cardiovascular diseases (CVDs) with IVUS in North America. COVID-19 has a potential economic impact on most sectors including, PCI procedures through intravascular ultrasound. The pandemic has also hindered the schedules of cardiovascular diagnosis and surgeries. In 2020, the Center for Disease Control and Prevention (CDC) reported that the medical care for ~41% of adults in the US was delayed or avoided in the year, including a 12% delay in urgent or emergency care and a 32% delay in routine care. According to the report, avoidance of urgent or emergency care was more prevalent among unpaid caregivers. As a result, more cases of advanced cardiovascular diseases are expected in coming years due to delayed diagnosis. The intravascular ultrasound (IVUS) devices market in the US is expected to witness modest growth driven by an aging population, increase in health risk factors such as poor lifestyle, and the adoption of new technologies due to favorable regulatory changes. However, the overall market expansion will be hindered by a saturated installed base of large imaging systems and the consolidation of hospitals.
North America Intravascular Ultrasound (IVUS) Devices Market Revenue and Forecast to 2028 (US$ Million)
Get more information on this report :
NORTH AMERICA INTRAVASCULAR ULTRASOUND (IVUS) DEVICES MARKET SEGMENTATION
By Modality
- Virtual Histology IVUS
- iMap IVUS
- Integrated Backscatter IVUS
By Product
- Equipment
- Accessories
- Catheters
- Guidewires
- Others
By End User
- Hospitals and Clinics
- Diagnostic Centers
- Others
By Country
- US
- Canada
- Mexico
Company Profiles
- Koninklijke Philips N.V
- GE Healthcare
- Siemens AG
- Boston Scientific Corporation
- Infraredx, Inc.
- Terumo Corporation
- Axle International
- Conavi Medical Inc.
- Canon Medical Systems
- Abbott
- ACIST Medical Syste
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 North America Intravascular Ultrasound (IVUS) Devices Market – By Product
1.3.2 North America Intravascular Ultrasound (IVUS) Devices Market – By Modality
1.3.3 North America Intravascular Ultrasound (IVUS) Devices Market – By End User
1.3.4 North America Intravascular Ultrasound (IVUS) Devices Market – By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Intravascular Ultrasound (IVUS) Devices Market – Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 North America PEST Analysis
4.3 Experts Opinion
5. Intravascular Ultrasound (IVUS) Devices Market– Key Market Dynamics
5.1 Market Drivers
5.1.1 Increase in Geriatric Population
5.1.2 Rise in Cardiovascular Diseases
5.2 Market Restraints
5.2.1 Product Recalls and Dearth of Trained Technicians
5.3 Future Trends
5.3.1 Increasing Product Approvals and Launches
5.4 Impact Analysis
6. Intravascular Ultrasound (IVUS) Devices Market– North America Analysis
6.1 North America Intravascular Ultrasound (IVUS) Devices Market Revenue Forecast and Analysis
7. Intravascular Ultrasound (IVUS) Devices Market Analysis by Modality
7.1 Overview
7.2 Intravascular Ultrasound (IVUS) Device Market Share by Application 2021 & 2028 (%)
7.3 Virtual Histology IVUS
7.3.1 Overview
7.3.2 Virtual Histology IVUS Market Revenue and Forecast to 2028 (US$ Million)
7.4 iMap IVUS
7.4.1 Overview
7.4.2 iMap IVUS Market Revenue and Forecast to 2028 (US$ Million)
7.5 Integrated Backscatter IVUS
7.5.1 Overview
7.5.2 Integrated Backscatter IVUS Market Revenue and Forecast to 2028 (US$ Million)
8. Intravascular Ultrasound (IVUS) Devices Market Analysis by Product
8.1 Overview
8.2 Intravascular Ultrasound (IVUS) Device Market Share by Product 2021 & 2028 (%)
8.3 Equipment
8.3.1 Overview
8.3.2 Equipment Market Revenue and Forecast to 2028 (US$ Million)
8.4 Accessories
8.4.1 Overview
8.4.2 Accessories Market Revenue and Forecast to 2028 (US$ Million)
8.4.2.1 Catheters
8.4.2.1.1 Overview
8.4.2.1.2 Catheters Market Revenue and Forecast to 2028 (US$ Million)
8.4.2.2 Guidewires
8.4.2.2.1 Overview
8.4.2.2.2 Guidewires Market Revenue and Forecast to 2028 (US$ Million)
8.4.2.3 Others
8.4.2.3.1 Overview
8.4.2.3.2 Others Market Revenue and Forecast to 2028 (US$ Million)
9. Intravascular Ultrasound (IVUS) Devices Market Analysis by End User
9.1 Overview
9.2 Intravascular Ultrasound (IVUS) Device Market Share by End User 2021 & 2028 (%)
9.3 Hospitals and Clinics
9.3.1 Overview
9.3.2 Hospitals and Clinics Market Revenue and Forecast to 2028 (US$ Million)
9.4 Diagnostic Centers
9.4.1 Overview
9.4.2 Diagnostics Centers Market Revenue and Forecast to 2028 (US$ Million)
9.5 Academic and Research Centers
9.5.1 Overview
9.5.2 Academic and Research Centers Market Revenue and Forecast to 2028 (US$ Million)
10. North America Intravascular Ultrasound (IVUS) Devices Market –Country Analysis
10.1 North America: Intravascular Ultrasound (IVUS) Devices Market
10.1.1 Overview
10.1.2 North America: Intravascular Ultrasound (IVUS) Devices Market – Revenue and Forecast to 2028 (US$ Million)
10.1.3 North America Intravascular Ultrasound (IVUS) Devices Market, by Modality– Revenue and Forecast to 2028 (US$ Million)
10.1.4 North America Intravascular Ultrasound (IVUS) Devices Market, by Product– Revenue and Forecast to 2028 (US$ Million)
10.1.4.1 North America Intravascular Ultrasound (IVUS) Devices Market for Accessories, By Product – Revenue and Forecast to 2028 (US$ Million)
10.1.5 North America Intravascular Ultrasound (IVUS) Devices Market, by End User– Revenue and Forecast to 2028 (US$ Million)
10.1.6 North America: Intravascular Ultrasound (IVUS) Devices Market, by Country, 2021 & 2028 (%)
10.1.6.1 US: Intravascular Ultrasound (IVUS) Devices Market – Revenue and Forecast to 2028 (US$ Million)
10.1.6.1.1 US: Intravascular Ultrasound (IVUS) Devices Market – Revenue and Forecast to 2028 (US$ Million)
10.1.6.1.2 US Intravascular Ultrasound (IVUS) Devices Market, by Modality– Revenue and Forecast to 2028 (US$ Million)
10.1.6.1.3 US Intravascular Ultrasound (IVUS) Devices Market, by Product – Revenue and Forecast to 2028 (US$ Million)
10.1.6.1.3.1 US Intravascular Ultrasound (IVUS) Devices Market, for Accessories, By Product – Revenue and Forecast to 2028 (US$ Million)
10.1.6.1.4 US Intravascular Ultrasound (IVUS) Devices Market, by End User– Revenue and Forecast to 2028 (US$ Million)
10.1.6.2 Canada: Intravascular Ultrasound (IVUS) Devices Market – Revenue and Forecast to 2028 (US$ Million)
10.1.6.2.1 Canada: Intravascular Ultrasound (IVUS) Devices Market – Revenue and Forecast to 2028 (US$ Million)
10.1.6.2.2 Canada Intravascular Ultrasound (IVUS) Devices Market, by Modality– Revenue and Forecast to 2028 (US$ Million)
10.1.6.2.3 Canada Intravascular Ultrasound (IVUS) Devices Market, by Product– Revenue and Forecast to 2028 (US$ Million)
10.1.6.2.3.1 Canada Intravascular Ultrasound (IVUS) Devices Market, for Accessories, By Product – Revenue and Forecast to 2028 (US$ Million)
10.1.6.2.4 Canada Intravascular Ultrasound (IVUS) Devices Market, by End User– Revenue and Forecast to 2028 (US$ Million)
10.1.6.3 Mexico: Intravascular Ultrasound (IVUS) Devices Market – Revenue and Forecast to 2028 (US$ Million)
10.1.6.3.1 Mexico: Intravascular Ultrasound (IVUS) Devices Market – Revenue and Forecast to 2028 (US$ Million)
10.1.6.3.2 Mexico Intravascular Ultrasound (IVUS) Devices Market, by Modality– Revenue and Forecast to 2028 (US$ Million)
10.1.6.3.3 Mexico Intravascular Ultrasound (IVUS) Devices Market, by Product– Revenue and Forecast to 2028 (US$ Million)
10.1.6.3.3.1 Mexico Intravascular Ultrasound (IVUS) Devices Market, for Accessories, By Product – Revenue and Forecast to 2028 (US$ Million)
10.1.6.3.4 Mexico Intravascular Ultrasound (IVUS) Devices Market, by End User– Revenue and Forecast to 2028 (US$ Million)
11. Impact of COVID-19 Pandemic on North America Intravascular Ultrasound (IVUS) Devices Market
11.1 North America: Impact Assessment of COVID-19 Pandemic
12. Intravascular Ultrasound (IVUS) Devices Market–Industry Landscape
12.1 Overview
12.2 Organic Developments
12.2.1 Overview
12.3 Inorganic Developments
12.3.1 Overview
13. Company Profiles
13.1 Koninklijke Philips N.V.
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 GE Healthcare
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Siemens AG
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Boston Scientific Corporation
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Infraredx, Inc.
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Terumo Corporation
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Axle International
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Financial Overview
13.7.4 Products and Services
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Conavi Medical Inc.
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Canon Medical Systems
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Abbott
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
13.11 ACIST Medical System
13.11.1 Key Facts
13.11.2 Business Description
13.11.3 Products and Services
13.11.4 Financial Overview
13.11.5 SWOT Analysis
13.11.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Glossary of Terms
LIST OF TABLES
Table 1. North America Intravascular Ultrasound (IVUS) Devices Market, by Modality– Revenue and Forecast to 2028 (US$ Million)
Table 2. North America Intravascular Ultrasound (IVUS) Devices Market, by Product– Revenue and Forecast to 2028 (US$ Million)
Table 3. North America Intravascular Ultrasound (IVUS) Devices Market for Accessories, By Product – Revenue and Forecast to 2028 (US$ Million)
Table 4. North America Intravascular Ultrasound (IVUS) Devices Market, by End User– Revenue and Forecast to 2028 (US$ Million)
Table 5. US Intravascular Ultrasound (IVUS) Devices Market, by Modality– Revenue and Forecast to 2028 (US$ Million)
Table 6. US Intravascular Ultrasound (IVUS) Devices Market, by Product – Revenue and Forecast to 2028 (US$ Million)
Table 7. US Intravascular Ultrasound (IVUS) Devices Market for Accessories, By Product – Revenue and Forecast to 2028 (US$ Million)
Table 8. US Intravascular Ultrasound (IVUS) Devices Market, by End User– Revenue and Forecast to 2028 (US$ Million)
Table 9. Canada Intravascular Ultrasound (IVUS) Devices Market, by Modality -Revenue and Forecast to 2028 (US$ Million)
Table 10. Canada Intravascular Ultrasound (IVUS) Devices Market, by Product - Revenue and Forecast to 2028 (US$ Million)
Table 11. Canada Intravascular Ultrasound (IVUS) Devices Market, for Accessories, By Product – Revenue and Forecast to 2028 (US$ Million)
Table 12. Canada Intravascular Ultrasound (IVUS) Devices Market, by End User– Revenue and Forecast to 2028 (US$ Million)
Table 13. Mexico Intravascular Ultrasound (IVUS) Devices Market, by Modality-Revenue and Forecast to 2028 (US$ Million)
Table 14. Mexico Intravascular Ultrasound (IVUS) Devices Market, by Product – Revenue and Forecast to 2028 (US$ Million)
Table 15. Mexico Intravascular Ultrasound (IVUS) Devices Market, for Accessories, By Product – Revenue and Forecast to 2028 (US$ Million)
Table 16. Mexico Intravascular Ultrasound (IVUS) Devices Market, by End User– Revenue and Forecast to 2028 (US$ Million)
Table 17. Organic Developments in the Intravascular Ultrasound (IVUS) Devices Market
Table 18. Inorganic Developments in the Intravascular Ultrasound (IVUS) Devices Market
Table 19. Glossary of Terms, Intravascular Ultrasound (IVUS) Devices Market
LIST OF FIGURES
Figure 1. Intravascular Ultrasound (IVUS) Devices Market Segmentation
Figure 2. Intravascular Ultrasound (IVUS) Devices Market, By Country
Figure 3. North America Intravascular Ultrasound (IVUS) Devices Market Overview
Figure 4. Virtual Histology IVUS Segment Held Largest Share of Modality Segment in Intravascular Ultrasound (IVUS) Devices Market
Figure 5. North America Intravascular Ultrasound (IVUS) Devices Market- Leading Country Markets (US$ Million)
Figure 6. North America: PEST Analysis
Figure 7. Experts Opinion
Figure 8. Intravascular Ultrasound (IVUS) Devices Market Impact Analysis of Driver and Restraints
Figure 9. North America Intravascular Ultrasound (IVUS) Devices Market– Revenue Forecast and Analysis – 2020- 2028
Figure 10. Intravascular Ultrasound (IVUS) Device Market Share by Application 2021 & 2028 (%)
Figure 11. Virtual Histology IVUS Market Revenue and Forecasts to 2028 (US$ Million)
Figure 12. iMap IVUS Market Revenue and Forecasts to 2028 (US$ Million)
Figure 13. Integrated Backscatter IVUS Market Revenue and Forecasts to 2028 (US$ Million)
Figure 14. Intravascular Ultrasound (IVUS) Device Market Share by Product 2021 & 2028 (%)
Figure 15. Equipment Market Revenue and Forecasts to 2028 (US$ Million)
Figure 16. Accessories Market Revenue and Forecasts to 2028 (US$ Million)
Figure 17. Catheters Market Revenue and Forecasts to 2028 (US$ Million)
Figure 18. Guidewires Market Revenue and Forecasts to 2028 (US$ Million)
Figure 19. Others Market Revenue and Forecasts to 2028 (US$ Million)
Figure 20. Intravascular Ultrasound (IVUS) Device Market Share by End User 2021 & 2028 (%)
Figure 21. Hospitals and Clinics Market Revenue and Forecasts to 2028 (US$ Million)
Figure 22. Diagnostic Centers Market Revenue and Forecasts to 2028 (US$ Million)
Figure 23. Academic and Research Centers Market Revenue and Forecasts to 2028 (US$ Million)
Figure 24. North America: Intravascular Ultrasound (IVUS) Devices Market, by Key Country – Revenue (2021) (US$ Million)
Figure 25. North America Intravascular Ultrasound (IVUS) Devices Market Revenue and Forecast to 2028 (US$ Million)
Figure 26. North America: Intravascular Ultrasound (IVUS) Devices Market, by Country, 2021 & 2028 (%)
Figure 27. US: Intravascular Ultrasound (IVUS) Devices Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. Canada: Intravascular Ultrasound (IVUS) Devices Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. Mexico: Intravascular Ultrasound (IVUS) Devices Market – Revenue and Forecast to 2028 (US$ Million)
Figure 30. Impact of COVID-19 Pandemic in North America Country Markets
- Koninklijke Philips N.V
- GE Healthcare
- Siemens AG
- Boston Scientific Corporation
- Infraredx, Inc.
- Terumo Corporation
- Axle International
- Conavi Medical Inc.
- Canon Medical Systems
- Abbott
- ACIST Medical System
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America intravascular ultrasound devices market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the North America intravascular ultrasound devices market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.