Interventional Radiology Market, By Product (MRI Systems, Ultrasound Imaging Systems, CT Scanners, Angiography Systems, Fluoroscopy Systems, Biopsy Devices, and Others), By Application (Cardiology, Urology , Nephrology, Oncology, Gastroenterology, and Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Published In : Jun 2024

Code : CMI5139

Pages :168

Formats :

Excel and PDF

Industry : Medical Devices

Market Challenges: Risk of High Radiation Exposure

Risk of high radiation exposure is expected to hamper the growth of the global interventional radiology market. In interventional radiology procedures, the patient is exposed to multiple sets of radiations for therapeutic purposes. Extended exposure to radio waves can have adverse side effects for the patient, depending upon the levels of radiation the patient is exposed to. Internal exposure can sometimes cause the deposition of certain elements in bones or organs.

Market Opportunities: Increasing Preference for Minimally-Invasive Procedures

Increasing preference for minimally-invasive procedures is expected to provide significant growth opportunities for players in the global interventional radiology market. For instance, the concept behind interventional radiology is to diagnose and treat patients using minimally-invasive techniques to improve health outcomes. In April 2021, Genesis MedTech, a medical device company, announced the launch of the novel laparoscopic technology, allowing physicians to conduct minimally invasive surgery instead of open surgery to reduce risk of patients and enhance recovery time.