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Technological Advances to Boost the Vascular Imaging Market | Technavio
[October 17, 2017]

Technological Advances to Boost the Vascular Imaging Market | Technavio


According to the latest market study released by Technavio, the global vascular imaging market is expected to grow at a CAGR of more than 6% during the forecast period.

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Technavio has published a new report on the global vascular imaging market from 2017-2021. (Graphic: ...

Technavio has published a new report on the global vascular imaging market from 2017-2021. (Graphic: Business Wire)

This research report titled 'Global Vascular Imaging Market 2017-2021' provides an in-depth analysis of the market in terms of revenue and emerging market trends. This report also includes an up to date analysis and forecasts for various market segments and all geographical regions.

According to Barath Palada, a lead analyst at Technavio for medical imaging research, "The global vascular imaging market is expected to grow at a significant rate due to the launch of new products, M&A, and the emergence of 5D ultrasound equipment. Moreover, growing demand for vascular imaging from the emerging economies coupled with growing infrastructure will have a positive impact on the market growth during the forecast period."

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The market research analysis categorizes the global vascular imaging market into five major product segments, of which the top three are discussed in detail below:

  • Ultrasound vascular imaging
  • MRI vascular imaging
  • CT vascular imaging
  • Nuclear vascular imaging
  • X-ray vascular imaging

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Global ultrasound vascular imaging market


The global ultrasound vascular imaging market is growing at a significant rate owing to its outspread application in various diagnostics and therapeutic areas. Additionally, the wide usage of ultrasound cerebral angiography coupled with rising awareness about early preventive measures will have a positive impact on the market growth.

The rise in geriatric population, increase in the prevalence of CVDs, and increased birth rate globally has led to the requirement for diagnosis and treatment by 2D/3D/4D and 5D ultrasound equipment. The ultrasound vascular imaging market is already dominant in the developed countries such as the US and the UK and has the potential to expand in the emerging countries like Brazil, China, and India. The availability of technologically advanced diagnostic and therapeutic ultrasound imaging equipment, which mainly includes 4D/5D ultrasound equipment will contribute to market growth. Similarly, the growing usage of the contrast agents in diagnostic and therapeutic ultrasound will further fuel market growth.

Global MRI vascular imaging market

The global MRI vascular imaging market is growing at a significant rate owing to its widespread use across various key areas of vascular diagnosis. Among the existing vascular imaging techniques available, MRI shows greater versatility and offers various advantages over CT such as no radiation, no contrast media, and better temporal resolution. In addition, MR angiography's 3D reconstruction and interpretation is comparatively easy, which is especially recommended for plaque characterization and better assessment of inflammatory activity.

Thus, its outspread application and better results than CT are the main factors driving the demand for MRI imaging devices. Further, the advances in MRI with the introduction of electrocardiography (ECG) gating, higher tesla magnets, respiratory gating, higher gradient strength, and new techniques such as SENSitivity Encoding (SENSE) have made the process ultrafast.

Global CT vascular imaging market

The global CT vascular imaging market is growing at a steady pace owing to its wider application in diagnosis or imaging of venous diseases, imaging of pulmonary and vascular diseases, imaging of vulnerable atherosclerotic plaque, and imaging of angiogenesis. For instance, in venous diseases imaging, particularly in the larger veins in thorax and abdomen, CT has shown better results over duplex sonography.

"In addition, CT is proven to have an advantage over the other imaging modalities such as MRI. It offers faster imaging process, better spatial resolution, and makes the monitoring of extremely sick patients easy. CT is preferred in different procedural conditions, where the scanning is performed in the presence of filters, vascular stents, and among patients with pacemakers and defibrillators," says Barath.

The top vendors highlighted by Technavio's market research analysts in this report are:

  • Siemens Healthcare
  • Philips (News - Alert) Healthcare
  • GE Healthcare
  • Toshiba Medical Systems
  • Hitachi Medical

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Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

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