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)
No. of Pages:130
Report Code:
TIPRE00028747
Category:
Life Sciences
South and Central America Intravascular Ultrasound (IVUS) Devices Market
The South and Central America intravascular ultrasound devices market is expected to reach US$ 60.49 million in 2028 from US$ 37.84 million in 2021; it is estimated to grow at a CAGR of 6.9% from 2021 to 2028.
The growth of the market in this region is attributed to the rising prevalence of coronary disorders and an increase in the geriatric population. However, product recalls limit the market growth.
Various economies worldwide, including Brazil and Peru, are considerably modernizing healthcare facilities and services. As a result, the life expectancy of people in these countries has increased, leading to a rise in the geriatric population base. According to the data by the WHO, in February 2018, the aging population is estimated to rise from 12% in 2015 to 22% by 2050. 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).
South and Central America Intravascular Ultrasound (IVUS) Devices Market Revenue and Forecast to 2028 (US$ Mn)
SOUTH AND CENTRAL AMERICAINTRAVASCULAR 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
Brazil
Argentina
Rest of South and Central America
Company Profiles
Koninklijke Philips N.V
GE Healthcare
Siemens AG
Boston Scientific Corporation
Infraredx, Inc.
Terumo Corporation
Conavi Medical Inc.
Canon Medical Systems
Abbot
South and Central America Intravascular Ultrasound (IVUS) Devices Market Strategic Insights
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South and Central America Intravascular Ultrasound (IVUS) Devices Market Segmentation Analysis
South and Central America Intravascular Ultrasound (IVUS) Devices Market Report Highlights
South and Central America Intravascular Ultrasound (IVUS) Devices Report Scope
Report Attribute
Details
Market size in 2021
US$ 37.84 Million
Market Size by 2028
US$ 60.49 Million
CAGR (2021 - 2028)
6.9%
Historical Data
2019-2020
Forecast period
2022-2028
Segments Covered
By Modality
Virtual Histology IVUS
iMap IVUS
Integrated Backscatter IVUS
By Product
Equipment
Accessories
By End User
Hospitals and Clinics
Diagnostic Centers
Academic and Research Institutes
Regions and Countries Covered
South and Central America
Brazil
Argentina
Rest of South and Central America
Market leaders and key company profiles
Koninklijke Philips N.V
GE Healthcare
Siemens AG
Boston Scientific Corporation
Infraredx, Inc.
Terumo Corporation
Conavi Medical Inc.
Canon Medical Systems
Abbott
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South and Central America Intravascular Ultrasound (IVUS) Devices Market Country and Regional Insights
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Identical Market Reports with other Region/Countries
The List of Companies - South and Central America Intravascular Ultrasound (IVUS) Devices Market
Koninklijke Philips N.V
GE Healthcare
Siemens AG
Boston Scientific Corporation
Infraredx, Inc.
Terumo Corporation
Conavi Medical Inc.
Canon Medical Systems
Abbott
Frequently Asked Questions
How big is the South and Central America Intravascular Ultrasound (IVUS) Devices Market?
The South and Central America Intravascular Ultrasound (IVUS) Devices Market is valued at US$ 37.84 Million in 2021, it is projected to reach US$ 60.49 Million by 2028.
What is the CAGR for South and Central America Intravascular Ultrasound (IVUS) Devices Market by (2021 - 2028)?
As per our report South and Central America Intravascular Ultrasound (IVUS) Devices Market, the market size is valued at US$ 37.84 Million in 2021, projecting it to reach US$ 60.49 Million by 2028. This translates to a CAGR of approximately 6.9% during the forecast period.
What segments are covered in this report?
The South and Central America Intravascular Ultrasound (IVUS) Devices Market report typically cover these key segments-
End User (Hospitals and Clinics, Diagnostic Centers, Academic and Research Institutes)
What is the historic period, base year, and forecast period taken for South and Central America Intravascular Ultrasound (IVUS) Devices Market?
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the South and Central America Intravascular Ultrasound (IVUS) Devices Market report:
Historic Period : 2019-2020
Base Year : 2021
Forecast Period : 2022-2028
Who are the major players in South and Central America Intravascular Ultrasound (IVUS) Devices Market?
The South and Central America Intravascular Ultrasound (IVUS) Devices Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
Koninklijke Philips N.V
GE Healthcare
Siemens AG
Boston Scientific Corporation
Infraredx, Inc.
Terumo Corporation
Conavi Medical Inc.
Canon Medical Systems
Abbott
Who should buy this report?
The South and Central America Intravascular Ultrasound (IVUS) Devices Market report is valuable for diverse stakeholders, including:
Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.
Essentially, anyone involved in or considering involvement in the South and Central America Intravascular Ultrasound (IVUS) Devices Market value chain can benefit from the information contained in a comprehensive market report.
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