Continued Reliance on IVUS as a Valuable Adjunct to Angiography, Against the Backdrop of Technology Innovation, Rising Incidence of Coronary Artery Diseases & Increased Endovascular Interventions to Benefit Market Growth
Rising incidence of coronary artery disease; technology development and launch of integrated systems, such as IVUS-OCT systems; and preference for less invasive endovascular interventions for management of coronary artery atherosclerosis are poised to drive the global market for Intravascular Ultrasound (IVUS) market to reach US$814 million by 2024 . The global intravascular ultrasound market is expected to post a steady growth in the coming years on account of increasing cases of coronary artery disease. IVUS holds enormous potential in terms of its ability to address unmet needs in the early detection and intervention of coronary artery diseases. IVUS technology is used for visualizing and assessing the plaque build-up and coronary lesions. In addition to assessment of coronary lesions, IVUS is being increasingly used in placement of stent in percutaneous coronary intervention. Overall adoption of intravascular ultrasound systems is facilitated by increasing number of st...