Global Peripheral Intravascular Ultrasound (IVUS) Catheter Market Growth 2025-2031

The global Peripheral Intravascular Ultrasound (IVUS) Catheter market size is predicted to grow from US$ 279 million in 2025 to US$ 630 million in 2031; it is expected to grow at a CAGR of 14.5% from 2025 to 2031.

Intravascular ultrasound (IVUS) is also known as endovascular ultrasound or intravascular echocardiography. It uses a transducer or probe to generate sound waves and produce pictures of the insides of blood vessels. IVUS uses a special catheter with a small ultrasonic transducer on one end. The doctor threads the catheter through an artery or vein to the target location. Once there, the transducer generates sound waves to produce images of the blood vessels and help assess various conditions. The IVUS catheter is a thin, flexible tube with a tiny ultrasonic transducer attached to one end. The other end of the catheter connects to a computer workstation that converts the sound waves from the transducer into real-time images on a monitor. Different size catheters are available depending on the type of blood vessel being imaged.

As the technology of Peripheral Intravascular Ultrasound (IVUS) Catheter is not relatively mature, the downstream market, especially for Hospitals market is growing fast, Philips, Boston Scientific is the only two enterprises in the Peripheral Intravascular Ultrasound (IVUS) Catheter market. The Peripheral Intravascular Ultrasound (IVUS) Catheter market competition will be intense. The leading competitor in the Peripheral IVUS Catheter market was Philips. The company entered the global IVUS markets in 2015, when Philips Healthcare acquired Volcano Corporation in a $1.2 billion USD deal. The company’s strong position in the global market is directly attributable to its stronghold of the peripheral IVUS catheter, and coronary IVUS catheter markets.

Peripheral Intravascular Ultrasound (IVUS) Catheter is mainly used in Hospital and Clinic, etc. In Peripheral Intravascular Ultrasound (IVUS) Catheter market, Hospitals holds an important share in terms of Application.

Global key players of peripheral intravascular ultrasound (IVUS) catheter include Philips, Boston Scientific, in which philips occupies a dominant position in the market. North America is the largest market, with a share over 55%, followed by Asia-Pacific. In terms of product, frequency 20 MHZ is the largest segment, with a share about 55%. And in terms of application, the largest application is hospital, with a share about 75%.

Future development trends

Technological innovation:

In the future, IVUS catheter technology will continue to develop in the direction of high precision, high definition and high intelligence.

The demand for personalization and customization will grow day by day, driving the continuous innovation and upgrading of products.

Market expansion:

With the continuous advancement of medical technology and the continuous growth of medical needs, the IVUS catheter market will continue to expand new application areas and market areas.

Emerging markets and developing countries will become important growth drivers.

Policy promotion:

The government's support and investment in the healthcare industry will continue to increase, providing strong policy guarantees for the development of the IVUS catheter market.

The introduction and implementation of relevant policies will promote the further standardization and development of the market.

LP Information, Inc. (LPI) ' newest research report, the “Peripheral Intravascular Ultrasound (IVUS) Catheter Industry Forecast” looks at past sales and reviews total world Peripheral Intravascular Ultrasound (IVUS) Catheter sales in 2024, providing a comprehensive analysis by region and market sector of projected Peripheral Intravascular Ultrasound (IVUS) Catheter sales for 2025 through 2031. With Peripheral Intravascular Ultrasound (IVUS) Catheter sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Peripheral Intravascular Ultrasound (IVUS) Catheter industry.

This Insight Report provides a comprehensive analysis of the global Peripheral Intravascular Ultrasound (IVUS) Catheter landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Peripheral Intravascular Ultrasound (IVUS) Catheter portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Peripheral Intravascular Ultrasound (IVUS) Catheter market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Peripheral Intravascular Ultrasound (IVUS) Catheter and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Peripheral Intravascular Ultrasound (IVUS) Catheter.

This report presents a comprehensive overview, market shares, and growth opportunities of Peripheral Intravascular Ultrasound (IVUS) Catheter market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Frequency 10 MHZ
Frequency 20 MHZ
Frequency 30 MHZ
Others

Segmentation by Application:
Hospital
Clinic
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Philips
Boston Scientific

Key Questions Addressed in this Report

What is the 10-year outlook for the global Peripheral Intravascular Ultrasound (IVUS) Catheter market?

What factors are driving Peripheral Intravascular Ultrasound (IVUS) Catheter market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Peripheral Intravascular Ultrasound (IVUS) Catheter market opportunities vary by end market size?

How does Peripheral Intravascular Ultrasound (IVUS) Catheter break out by Type, by Application?

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