Global Intravascular Ultrasound Market Analysis Report 2021-2027: Segmented by Product (IVUS Catheters & Consoles) & Indication (Coronary & Peripheral Devices) - ResearchAndMarkets.com

The "Global Intravascular Ultrasound Market Analysis - 2021-2027 - MedCore - Segmented by: Product ( IVUS Catheters & Consoles), Indication (Coronary & Peripheral Devices)" report has been added to ResearchAndMarkets.com's offering.

Throughout this medical market research, the publisher analyzed intravascular ultrasound companies across more than 70 countries and used their comprehensive methodology to understand the Market Sizes, Unit Sold, Average Selling Prices, Company Market Shares, and to create Accurate Forecasts.

Global Intravascular Ultrasound Market Insights

In 2019, the global Intravascular ultrasound market was valued at $565 million, with the majority of the market being coronary IVUS catheters. In spite of COVID19, the global market size is expected to increase over the forecast period to exceed an astonishing $1 billion in 2027.

The largest segments of the global coronary intravascular ultrasound market were the North American and Asia Pacific regions. The global unit sales growth of IVUS deceives is highly correlated with the annual PCI procedure volume and the penetration of IVUS devices for pre-stenting and post-stenting applications.

Although procedure penetration is expected over the forecast period, a potential limiter to IVUS market growth will be the increasing popularity of optical coherence tomography (OCT) devices.

On the other hand, the largest portion of the global peripheral IVUS market size was attributed to the North American region. The global IVUS device penetration is limited to three key groups of peripheral procedures, namely EVAR/TEVAR, PAD, and venous procedures. For North America, for example, the penetration rate of IVUS was highest in EVAR/TEVAR procedures, at over 10%.

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