Market growth influenced due to following factors-
- The rising prevalence of chronic diseases.
- Growing geriatric population, increasing demand for minimally invasive procedures.
- Favorable reimbursement scenario for interventional radiology procedures.
Global market size-
According to research report global Interventional radiology products market is projected to reach USD 14.1 billion by 2026 from USD 10.2 billion in 2021, at a CAGR of 6.6% .
The prominent players operating in this market include Abbott (US), Medtronic (Ireland), Boston Scientific Corporation (US), Becton Dickinson and Company (US), Terumo Medical Corporation (Japan), and Cardinal Health (US).
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Geographic Overview -
The interventional radiology products is segmented into North America, Europe, the Asia Pacific, and the Rest of the World. In 2020, North America was the largest regional segment of the overall market, followed by Europe.