INTRAVASCULAR ULTRASOUND IMAGING SYSTEM MARKET ANALYSIS

Leading Companies

Intravascular Ultrasound System Market - Competitive Landscape

• Key players operating in the global intravascular ultrasound system market include Philips Volcano, Boston Scientific Corporation, GE Healthcare, Siemens Healthineers, Infraredx, Medtronic plc, Samsung Madison, Silicon Valley Medical Instruments, and Abbott Healthcare.
• Companies are launching novel products, in order to overcome present challenges associated with intravascular ultrasound systems and gain larger market share in the intravascular ultrasound systems market.
• In July 2018, Conavi Medical was granted with the U.S. FDA clearance for its Novasight hybrid imaging system, which allows simultaneous imaging of coronary arteries with both intravascular ultrasound system and optical coherence tomography. IVUS or OCT are used by interventional cardiologists to image coronary anatomy during angioplasty and stenting procedures.
• In June 2017, Royal Philips re-launched its Pioneer Plus catheter, which is the first and only re-entry device with intravascular ultrasound (IVUS) capabilities and needle deployment designed to assist arterial vessel intervention. This system captures images of vessels in the peripheral vascular system from inside the artery, thereby helping physicians to identify the targeted area and place catheter in a specific location. This helps to treat arterial blockage efficiently.
• Even, in December 2014, Royal Philips completed its acquisition of Volcano Corporation. Volcano is a leader in intravascular ultrasound (IVUS) and fractional flow reserve (FFR) catheter measurements used in the interventional cardiology cath lab. This acquisition complements Philips’ existing portfolio of interventional X-ray and ultrasound imaging equipment.
• In July 2014, Boston Scientific launched the Polaris imaging system, a device used with the company’s intravascular ultrasound (IVUS) catheter and this system has received both FDA clearance and CE mark approval and has already been used in no. of clinics in the US and Europe.
• In October 2013, GE Healthcare and Boston Scientific Corporation announced a collaboration that enables improved intravascular ultrasound (IVUS) workflow between the GE Healthcare Innova Cardiovascular X-ray System and the Boston Scientific iLab Ultrasound Imaging System