Market Overview:
Intravascular Ultrasound (IVUS) systems are advanced medical imaging technologies that provide detailed, real-time images of the interior of blood vessels, particularly the coronary arteries. IVUS is used to assess vascular conditions such as atherosclerosis and plaque buildup and to guide interventions like stent placement and angioplasty. The system works by using a small ultrasound probe attached to a catheter, which is inserted into the blood vessel through a minimally invasive procedure.
IVUS devices play a crucial role in cardiovascular imaging by providing real-time, high-resolution, cross-sectional views of blood vessels. They assist in plaque assessment, helping to analyze the composition, burden, and stability of atherosclerotic plaques to guide treatment decisions. IVUS is widely used for stent placement optimization, ensuring proper sizing, positioning, and expansion to minimize complications like restenosis and thrombosis. Additionally, it aids in detecting vascular abnormalities such as arterial dissections, thrombus formations, and vessel wall irregularities, enhancing diagnostic accuracy and making it a valuable tool in interventional cardiology.
Companies like Boston Scientific, Philips, and other emerging players are focusing on the advancements in IVUS technology to improve imaging quality, ease of use, and AI-powered diagnostics. For instance, in November 2024, Boston Scientific Corporation launched its multi-modality guidance system, AVVIGO. AVVIGO is an AI-enabled intravascular ultrasound (IVUS) and fractional flow reserve (FFR) system that provides high-quality IVUS vessel images and enhanced guidance. Creating a physiological graph offers a comprehensive roadmap for treating diseased coronary arteries.
Market Size Growth Rate:
According to the DataM market research report, the global intravascular ultrasound (IVUS) system market size is valued at USD 786.62 million in 2024 and is expected to reach USD 1,246.51 million by 2032, with growth at a CAGR of 5.9% over the forecast period of 2025-2032.
Executive Summary:
Market Segmentation:
By Product Type:
- IVUS Catheters
- IVUS Devices
- IVUS Software
- Services
By End User
- Hospitals
- Ambulatory Surgical Centers
- CATH Labs
- Others
By Region
- North America
- Europe
- Asia Pacific
- South America
- Middle East & Africa
Recent Developments in the Industry:
- In November 2024, Boston Scientific Corporation launched its multi-modality guidance system, AVVIGO. AVVIGO is an AI-enabled intravascular ultrasound (IVUS) and fractional flow reserve (FFR) system that provides high-quality IVUS vessel images and enhanced guidance. Creating a physiological graph offers a comprehensive roadmap for treating diseased coronary arteries.
- In October 2024, MicroPort MicroImaging, a subsidiary of MicroPort Scientific Corporation, obtained approval from the National Medical Products Administration (NMPA) for the marketing of its Outsight Disposable IVUS Diagnostic Catheter. The Outsight Disposable IVUS Diagnostic Catheter, recognized for its superior crossability and compatibility, effectively addresses various vascular lesions, allowing for quick and accurate diagnostic decisions.
- In September 2024, Boston Scientific Corporation released its CE-Marked, next-generation iLab System Software for the iLab Ultrasound Imaging System. This Intravascular Ultrasound (IVUS) technology is designed to provide physicians a 360-degree view inside the heart and coronary vessels to assist with diagnosis and to allow a more accurate representation of the diseased vessels than is possible with angiography alone. The iLab software upgrade includes functionality designed to improve diagnosis and save time. The principal new feature of the system, iMap, provides a detailed color analysis of plaque composition within the targeted areas.
- In May 2024, Provisio Medical, Inc., developer of sonic lumen tomography (SLT) technology to provide real-time blood vessel measurements during vascular interventions, announced the completion of the first commercial clinical cases utilizing the Provisio SLT intravascular ultrasound (IVUS) system. In April 2024, the company announced FDA 510(k) clearance of the Provisio SLT IVUS system, which is designed to enable vessel lumen measurement and visualization simultaneously with guidewire support and the delivery of radiopaque contrast agents.
- In March 2024, Boston Scientific Corporation launched its iCross Coronary Imaging Catheter, a product designed to improve the deliverability of the Company's market-leading intravascular ultrasound (IVUS) technology, the iLab Ultrasound Imaging System. IVUS technology enables physicians to see detailed images inside the heart and coronary arteries. The Company said the iCross Catheter would be available immediately in the United States.
Major Players:
The major companies in the intravascular ultrasound (IVUS) system market include Boston Scientific Corporation, TERUMO CORPORATION, Koninklijke Philips N.V., Nipro, and ACIST Medical Systems. and among others.
The Full Report has the following insights:
- The report offers a comprehensive evaluation of the market in terms of market value (US$) and Y-o-Y Growth Rates (%). It does so via in-depth qualitative insights, historical data, and verifiable projections about market size during the forecast period (2025-2032).
- Visualize the composition of the global intravascular ultrasound (IVUS) system market segmentation by product type, end user, and region, highlighting the key commercial assets and players.
- By Product Type: IVUS Catheters, IVUS Devices, IVUS Software, and Services.
- By End-User: Hospitals, Ambulatory Surgical Centers, CATH Labs, and Others.
- By Region: North America, Europe, Asia Pacific, South America, Middle East & Africa.
- Identify commercial opportunities in the global intravascular ultrasound (IVUS) system market by analyzing trends and co-development deals.
- The report also covers data insights on various industry forces, such as Porter's five forces analysis, supply chain analysis, latest developments and breakthroughs, swot analysis, unmet needs and gaps, and recommended strategies for market entry and expansion.
- PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
- Product mapping in Excel for the key products of all major market players
- The report will provide access to approximately 50+ market data tables, 40+ figures, and close to 179 pages.
