Europe 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

Europe 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 Europe intravascular ultrasound devices market is expected to reach US$ 299.92 million by 2028 from US$ 183.95 million in 2021; it is estimated to grow at a CAGR of 7.2% from 2021 to 2028.

The growth of the market is attributed to the rising prevalence of coronary disorders and a surge in the geriatric population. However, product recalls restrain the market growth.

Cardiovascular diseases (CVDs), including coronary heart disease, arrhythmias, and other conditions, continue to be the most significant cause of morbidity and mortality worldwide. These diseases mainly affect the heart and blood vessels. An unhealthy diet is one of the most important lifestyle factors that lead to CVDs. The growing prevalence of arrhythmia and other CVDs is encouraging the introduction of improved diagnostic methods. Intravascular Ultrasound Devices (IVUS) are the most effective instruments for detecting coronary artery disease and other related conditions. According to the World Health Organization (WHO), CVDs are the leading cause of death, with 17.9 million deaths caused in the world each year; moreover, 30 million people suffer from stroke every year. According to its factsheets, ~17.7 million people died due to CVDs in 2017, of which ~7.4 million mortalities were due to coronary heart disease and 6.7 million were due to stroke.

Furthermore, the European Society of Cardiology reported that coronary heart disease is a commonly found condition in the region, and the patients suffering from this disease are at a five-times greater risk of getting a stroke. A few of the primary risk factors of CVDs include family history, ethnicity, age, and other risk factors. The other risk factors include tobacco consumption, hypertension, obesity, high cholesterol, physical inactivity, diabetes, unhealthy diets, and alcohol consumption. The majority of CVDs can be prevented through pre-monitoring and pre-diagnosis using intravascular ultrasound devices. Therefore, the growing prevalence of CVDs is propelling the demand for intravascular ultrasound devices in Europe.

Europe Intravascular Ultrasound (IVUS) Devices Market Revenue and Forecast to 2028 (US$ Mn)

EUROPE INTRAVASCULAR ULTRASOUND (IVUS) DEVICES MARKET SEGMENTATION

By Modality

Virtual Histology IVUS i Map IVUS Integrated Backscatter IVUSBy Product

Equipment Accessories Catheters Guidewires Others By End User

Hospitals and Clinics Diagnostic Centers Others By Country

Germany Spain Italy UK France Rest of Europe 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

Reasons to Buy

Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Europe 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 Europe 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.