Imaging tests provide a picture of the inner side of the body or some parts of the body, which further helps the physician diagnose the disease or determine the severity of the disease. Normally, imaging tests are safer, painless, and non-invasive. Vascular imaging is an important element of detection of various diseases and a complete stroke diagnosis. The vascular imaging test helps detect the blood circulation through various vesicles and veins, which helps surgeons in performing surgeries in an easy and safe manner. Various methods or techniques of vascular imaging include MRI (magnetic resonance imaging), CT (computed tomography), and ultrasound. These techniques help surgeons in observing different issues such as blockages, blood clots, varicose veins, plaques, and evaluation of graft surgeries flows through the body.
The global vascular imaging market is expected to expand substantially in the next few years, due to growing elderly population and rising prevalence of cardiovascular diseases (CVDs) across the world. On the other hand, regulatory and government measures and availability of low-cost alternatives for the treatment restrain the market.
The vascular imaging market can be segmented based on technology, application, type of procedure, end-user, and region. Based on technology, the market has been divided into computed tomography (CT), magnetic resonance imaging (MRI), X-ray, nuclear imaging, and ultrasound. The magnetic resonance imaging (MRI) segment leads the market, due to increasing use of MRI in vascular imaging led by its minimally invasive nature and high efficiency. Based on application, the market has been segmented into therapeutic applications and diagnostic applications. Based on type of procedure, the global vascular imaging market has been segmented into cerebral angiography, peripheral angiography, vascular ultrasound, coronary angiography, and micro angiography. The coronary angiography segment is projected to expand at the maximum growth rate during the forecast period, due to increasing prevalence of CVDs and growing geriatric population across the globe. Based on end–user, the market has been segmented into hospitals, diagnostic centers, specialty clinics, and others. The hospitals segment is expected to register the maximum growth rate during the forecast period, due to technological advancements and increasing prevalence of cancer and cardiovascular diseases worldwide.
Geographically, the global vascular imaging market has been segmented into North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. Each regional market has been sub-divided into specific countries. North America dominates the global vascular imaging market, owing to increasing demand for vascular imaging in the detection of various diseases and highly developed health care infrastructure in the region. Asia Pacific is likely to be a highly attractive market during the forecast period, due to the large pool of patients suffering from CVDs in the region.
Key players operating in the global vascular imaging market are GE Healthcare, Siemens Healthcare GmbH, Toshiba Medical Systems Corporation, Hitachi Medical Systems, Samsung Medison Co., Ltd., Koninklijke Philips N.V., Shimadzu Corporation, and Carestream Health. In order to gain a competitive advantage, major players have adopted different growth strategies. Collaborations, agreements, partnerships, and launch of new products are some of the strategies adopted by leading market players.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.