According to FutureWise analysis the market for interventional radiology in 2023 is US$ 27.12 billion, and is expected to reach US$ 40.75 billion by 2031 at a CAGR of 5.22%.
Interventional Radiology is a medical speciality that diagnoses and treats a wide variety of medical disorders using minimally invasive procedures. Interventional radiologists use a range of imaging techniques, such as X-rays, CT scans, MRI scans, and ultrasounds, to guide small instruments such as catheters and wires through the body to diagnose and treat diseases or conditions. The field of interventional radiology has seen tremendous growth over the last few decades, thanks to advancements in imaging technology and new techniques and devices that have made many procedures safer and more effective. By using image-guided techniques, interventional radiologists are able to diagnose and treat many different medical conditions with less trauma to the patient, less pain, and shorter recovery times. IR procedures are less invasive than traditional surgical procedures and often do not require general anesthesia. Instead, local anesthesia is typically used, allowing the patient to be awake and alert during the procedure. This reduces the risks associated with general anesthesia, such as respiratory complications, and allows for a faster recovery time.
Some of the common interventional radiology procedures include angiography, angioplasty and stenting, embolization, biopsy, and drainage. These procedures can be used to treat a range of conditions, including cancer, cardiovascular disease, uterine fibroids, and varicose veins. Interventional radiology has revolutionized the way many medical conditions are diagnosed and treated, providing minimally invasive alternatives to traditional surgical procedures. The use of image-guided techniques has led to improved outcomes and fewer complications, helping patients to heal faster and return to daily activities sooner. As technology and techniques continue to advance, the field of interventional radiology is expected to continue to grow and provide even more innovative solutions to a range of medical conditions.
FutureWise Market Research has published a report that provides an insightful analysis of Interventional Radiology Market trends that are affecting the overall market growth. This report will provide a detailed analysis of market share, regional insights, and competitor analysis that includes stature of key manufacturers operational in this industry. By the end of the forecast period FutureWise research analysts projects that Interventional Radiology Market will experience a significant growth. According to the analysis done, this report will help understand the information referring to the total valuation held by this industry. Additionally, this report will help in understanding the growth opportunities held by various segments of this market, further assist in making better strategic and expansion decisions by key stakeholders of an organization.