Interventional Radiology Market Set to Reach USD 60.0 Billion by 2035, with a 6.8% CAGR

The Interventional Radiology market accounted for USD 29.1 Billion in 2024 and is expected to reach USD 60.0 Billion by 2035, growing at a CAGR of around 6.8% between 2025 and 2035. The interventional radiology market is defined as the segment specializing in noninvasive operative endoscopic procedures executed with the assistance of medical pictures like X-rays, CT scans, and ultrasounds.

These procedures are incorporated in diagnosing and treating a myriad of diseases such as cardiovascular diseases, cancer, and neurological diseases. Interventional radiology can be an effective solution to standard surgical procedures using methods like angioplasty, with quicker recovery times, fewer potential complications, and generally, less expensive than common surgery. This market is mainly fueled by rapid innovations in imaging techniques, the rising trend of using noninvasive procedures, and expanded use in oncology, vascular & neurological procedures. It is expected to grow significantly as more people turn to optimally invasive procedures around the globe.

To explore in-depth analysis in this report - Request Free Sample Report

What are the Top Factors Driving Growth in the Dialysis Market?

Advancements in catheter-based technology enhance treatment options in interventional radiology

Catheter innovations are forcing a paradigm shift in the interventional radiology market owing to advancements made in the technology. Advancement in catheter technology means that the disease-affected areas can be targeted with much accuracy and thus parts of the body that were hard to reach initially can now undergo regular treatment.

For instance, there is fresh catheter-based equipment to produce more effective tumor ablation in the treatment of big tumors through embolization and new stents. They are also affiliated with less procedure time and better recovery, which has made interventional radiology ever more popular. Furthermore, interventional radiology expands the treatment envelope by including new diseases, and the advancement of a new generation of lesser-diameter catheters with increased flexibility has even wider market potential.

Increasing healthcare expenditure supports the adoption of advanced radiology solutions globally

As healthcare expenses are on the rise, especially in the developed world, let alone globally, greater attention to the enhanced medical tools and techniques, interventional radiology inclusive, is being paid. Healthcare authorities of most countries and private health entities operating in these countries are directing more money towards enhancing existing facilities, purchasing advanced imaging diagnostic equipment, and improving healthcare personnel's knowledge of new procedures.

This investment works not only to advance the utilization of interventional radiology across the nation but also to foster continued innovation in the field. Wherever healthcare infrastructure is being developed in the emerging markets there is also greater spend on such technologies making it possible to foster new markets in these locations. It is therefore perhaps unsurprising that healthcare expenditure as a whole is also being felt to be a major factor for global market growth in interventional radiology.

Browse key industry insights spread across 220 pages with 120+ Market data tables and figures & charts from the report on the “Interventional Radiology Market By Product Type (MRI Systems, CT Scanners, Ultrasound Imaging Systems, Angiography Systems, Others), By Procedure (Angioplasty, Biopsy, Embolization {Peripheral Embolization, Prostatic Artery Embolization, Genicular Artery Embolization, Fibroid, Others}, Thrombolysis, Vertebroplasty, Nephrostomy, Interventional Oncology, MSK Intervention, Others), By Application (Cardiology, Oncology, Urology, Gastroenterology, Obstetrics, Gynecology, Others), By Treatment Method (Vascular Interventions, Tumor Ablation, Drainage Procedures, Biopsy Procedures, Fistula Creation, Others) and By End-user (Hospitals, Clinics, Ambulatory Surgical Centres, Others), Global Market Size, Segmental analysis, Regional Overview, Company share analysis, Leading Company Profiles And Market Forecast, 2025 – 2035”

Download an Exclusive Sample of the Report: https://www.metatechinsights.com/request-sample/1115

What are the significant challenges impacting the Dialysis Market?

Limited reimbursement policies for certain procedures hinder patient access to treatments

Probably the most important issue that exists in many regions is that the interventional radiology procedures experience either limited or inconsistent reimbursement. There may be cases where the patients are charged a great deal out-of-pocket, particularly for many techniques or those that are comparatively newer or performed less often. To reduce costs and increase patient accessibility to interventional radiology services, nationalized healthcare systems worldwide can currently only offer limited reimbursement for some specialized services, thus discouraging a large number of hospitals from taking advantage of such services. This barrier can reduce the patient's ability to get the necessary treatment and remain at risk in areas with limited insurance or as a result of limited health care funding. Inter-organization differences in reimbursement policies for new or sophisticated procedures likewise result in ambiguity within the market and consequently restricted access to interventional radiology procedures.

Lack of standardized procedures and training increases operational challenges in healthcare settings

One of the biggest challenges that the interventional radiology market faces is the absence of established protocols for procedures as well as training systems for interventional radiology physicians. Since the market expands continuously, the way the procedures are conducted may be very diverse from one hospital to another and one region to another. This non-standardisation results in variations of results, which are always not satisfactory and may reduce patient satisfaction.

Moreover, inadequate numbers of properly trained professionals, such as interventional radiologists, may present a wall against the expansion of adequate treatments. There are likely to be some hospitals that will find it hard to recruit quack professionals who can handle or perform some of the complicated surgeries. However, the lack of standardized training frameworks and procedures hinders efficiency increase as has been demonstrated in the company because the markets in which the firm operates are still relatively young with few specialized training institutions.

What are the attractive investment opportunities that can drive industry growth?

The growing geriatric population presents opportunities for interventional treatments in age-related conditions

The global population of elder people is rising and this increases the need for interventional radiology procedures. With age, more people are at risk for developing diseases that originate in the cardiovascular system, cancer, osteoporosis, and neurological system diseases, which often can be addressed through less invasive radiological approaches.

For example, minimally invasive procedures such as angioplasty and stenting, as well as embolization, can enhance the quality of elderly patients' lives and do not entail surgical approaches. This demographic shift can be expected to generate demand for specifically targeted elder care or care targeted for specific age groups giving considerable opportunities for increased interventional radiology treatments in the global market.

Increased collaboration between tech companies and healthcare providers fosters innovative solutions

Nowadays the cooperation between technology firms and healthcare organizations is increasing rapidly and it has given many new developments in the interventional radiology field. Specific technologies in the area include artificial intelligence, machine learning, and robotics which are being implemented to integrate better accuracy of diagnoses, treatment planning, and results of procedures. For instance, AI algorithms can be used to help with the analysis of medical radiographic imaging and enhance the level of accuracy of treatment.

Also, a new mode of performing procedures such as the use of robotic-assisted surgery and enhanced imaging methods is taking a new dawn as it offers quick and increased results. Such partnerships are contributing to the creation of innovative technological solutions, contributing to additional development of interventional radiology while opening new market horizons for participants of the healthcare industry and firms that specialize in Health IT.

North America Plays a Crucial Role in the Dialysis Market Landscape

North America has a large and developed interventional radiology market due to advanced healthcare services and, the presence of chronic diseases such as cancer and cardiovascular disease. In the United States, heart disease has been the top cause of mortality, according to the Centers for Disease Control and Prevention. Interventions like an angioplasty are necessary for this aspect. Due in large part to patient choice for minimally invasive treatments, the American College of Radiology saw a very high increase rate in interventional procedures during the past ten years.

Advanced diagnostic technologies such as MRI and CT are also supported by innovative concepts and positive legislative and remuneration climate and technological advancement. The market for interventional radiology in North America is well-positioned for future expansion because of ongoing investments in research & development, which also aims to improve patient outcomes and expand the range of procedural method applications. 

Read more about the report: https://www.metatechinsights.com/industry-insights/interventional-radiology-market-1115

Asia-Pacific Holds a Significant Share of the Dialysis Market

The Asia-Pacific region dialysis market is growing rapidly due to the increasing diabetic population, increasing prevalence of chronic kidney disease, and expanding healthcare infrastructure. Within this region, China, India, and Japan are experiencing a rise in CKD cases, mainly attributed to higher rates of diabetes and hypertension.

Government policies for healthcare access and private investments into this sector have increased demand for dialysis services as well as for the required technologies. The region has also seen a significant rise in the use of portable and home dialysis systems, which the healthcare system is taking into consideration because of their affordability and range of treatment options.

Competitive Landscape:

Some of the major players as those involved in the interventional radiology market are GE Healthcare, Fujifilm Corporation, Canon Medical Systems, and Agfa-Gevaert Group. These businesses focus on enhancing procedural efficiency to procedure results inclusive of enhancements applied to the imaging techniques. For instance, the company has newly developed AI-imaging to enhance diagnostic precision in GE Healthcare; On the other hand, Fujifilm has enhanced the ultrasound system of its product offering.

Furthermore, through acquiring new imaging technology the company fortified its position and expanded the range of its interventional radiology service. With MRI and ultrasound equipment, that has been developed for less invasive processes Esaote SPA continues this tradition. Taking everything into consideration, these businesses’ partnerships, joint ventures, mergers, and acquisitions are driving the expansion of the market and competition and opening the door to the creation of solutions in interventional radiology.

Recent Developments:

• In December 2024, Philips CT 5300 combines innovative hardware, software, and artificial intelligence to make high-quality screening, diagnostic, and interventional imaging accessible to more patients, including reading support with Automated AI-enabled Philips Advanced Visualization Workspace applications.
• In May 2024, Royal Oldham Hospital, part of the Northern Care Alliance NHS Foundation Trust, upgraded interventional radiology equipment, becoming the first in the UK to install the ARTIS icono ceiling from Siemens Healthineers.

Report Coverage:

By Product Type

• MRI Systems
• CT Scanners
• Ultrasound Imaging Systems
• Angiography Systems
• Others

By Procedure

• Angioplasty
• Biopsy
• Embolization
  • Peripheral Embolization
  • Prostatic Artery Embolization
  • Genicular Artery Embolization
  • Fibroid
  • Others
• Thrombolysis
• Vertebroplasty
• Nephrostomy
• Interventional Oncology
• MSK Intervention
• Others

By Application

• Cardiology
• Oncology
• Urology
• Gastroenterology
• Obstetrics
• Gynecology
• Others

By Treatment Method

• Vascular Interventions
• Tumor Ablation
• Drainage Procedures
• Biopsy Procedures
• Fistula Creation
• Others

By End-user

• Hospitals
• Clinics
• Ambulatory Surgical Centres
• Others

By Region

North America

• US
• Canada

Europe

• U.K.
• France
• Germany
• Italy
• Spain
• Rest of Europe

Asia Pacific

• China
• Japan
• India
• Australia
• South Korea
• Singapore
• Rest of Asia Pacific

Latin America

• Brazil
• Argentina
• Mexico
• Rest of Latin America

Middle East & Africa

• GCC Counties
• South Africa
• Rest of Middle East & Africa

List of Companies

• Agfa-Gevaert Group
• Canon Medical Systems Corporation
• Carestream Health Inc.
• Cook
• Esaote SPA
• Fujifilm Corporation
• GE Healthcare
• Hologic, Inc.
• Koninklijke Philips N. V
• Olympus Corporation
• Samsung Healthcare (Samsung Electronics Co., Ltd.)
• Shenzhen Mindray Bio-Medical Electronics Co., Ltd.
• Shimadzu Corporation
• Siemens Healthineers
• Teleflex Incorporated