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Global Intravascular Ultrasound System Market & Competitive Intelligence, 2019 to 2023, Forecast 2024 to 2031 Research Report

Intravascular Ultrasound System Market - By Product Type: IVUS Consoles, IVUS Catheters; By Application: Coronary Artery Disease (CAD), Peripheral Artery Disease (PAD); By End User: Hospitals, Cardiac Catheterization Labs, Ambulatory Surgical Centers (ASCs), By Region: North America, Europe, Asia-Pacific, Latin America, Middle East & Africa.

Report Code
CVMI2603252601375
Published
March 30, 2025
Last Updated
March 30, 2025
Coverage
Healthcare • Pharma
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Market Snapshot

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Market Size (latest)
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CAGR
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Forecast Period
2024–2031
Base years: 2019–2023
Coverage Depth
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Segments • Regions • Players

Insights

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1 | Market Overview
The global intravascular ultrasound (IVUS) system market is gaining significant traction due to the rising burden of cardiovascular disease and the increasing demand for real-time vessel visualization during interventional procedures. IVUS enables cross-sectional imaging of coronary and peripheral arteries, facilitating precise assessment of plaque morphology, vessel size, and stent placement.

The technology is increasingly being integrated into catheterization labs, driven by its ability to improve percutaneous coronary intervention (PCI) outcomes. Newer catheter designs, digital consoles, and integration with AI-guided planning tools are expanding clinical adoption across developed and emerging healthcare systems.

 

2 | Market Size and Forecast

Year

Market Value (USD Billion)

Notes

2019

0.51

Baseline usage in coronary interventions

2024

0.88

Five-year CAGR 11.5%

2031

1.91

Seven-year CAGR 11.8%

The market is projected to more than double by 2031, driven by clinical accuracy demands, technological integration, and global cardiovascular care expansion.

 

3 | Key Market Drivers

  • Surge in PCI Procedures: IVUS aids in stent optimization and lesion characterization.
  • Growing Preference for Imaging-Guided Therapy: Enhances accuracy in complex angioplasty.
  • Advancements in catheter miniaturization: enhanced resolution and minimized vessel trauma.
  • Rising Adoption in Emerging Markets: Regional hospitals are adopting IVUS to enhance clinical outcomes.

 

4 | Market Challenges

  • High equipment costs limit availability in smaller or rural healthcare facilities.
  • Steep Learning Curve: Requires interventionalists to complete specialized imaging training.
  • Limited reimbursement in some regions slows procedural volume growth.

 

5 | Competitive Landscape
The IVUS system market is dominated by key cardiovascular device companies offering catheter-console integration, high-frequency transducers, and AI-powered image processing.

Market Share Estimates (2024):

Company

Estimated Market Share

Key Products

Boston Scientific

45%

OptiCross™, iLab™ and Polaris™ IVUS platforms

Philips Volcano

38%

Eagle Eye™ Platinum, Core Precision™, SyncVision™ platform

Terumo Corporation

9%

AltaView™ IVUS catheter (Asia and Europe focus)

Others (ACIST, Conavi, startups)

8%

Hybrid IVUS-OCT, micro-catheter innovations

 

6 | Market Segmentation
By Product Type:

  • IVUS Consoles
  • IVUS Catheters

 

By Application:

  • Coronary Artery Disease (CAD)
  • Peripheral Artery Disease (PAD)

 

By End User:

  • Hospitals
  • Cardiac Catheterization Labs
  • Ambulatory Surgical Centers (ASCs)

 

By Region:

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East & Africa

 

7 | Strategic Outlook
The future of IVUS will involve catheter-wire hybridization, AI-based lesion mapping, and remote training platforms. Wider clinical trial validation, integration with digital health records, and streamlined regulatory approvals will support adoption in mid-tier global hospitals.

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Key Players

  • Philips
  • Boston Scientific
  • GE Healthcare
  • Siemens Healthineers
  • Terumo
  • Conavi Medical
  • Infraredx
  • ACIST Medical
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Table Of Contents

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Global Intravascular Ultrasound System Market Report

 

  1. 1. Global Intravascular Ultrasound System Market Research Report
    1. 1.1 Study Objectives
    2. 1.2 Global Intravascular Ultrasound System Market - Overview
    3. 1.3 Reason to Read This Report
    4. 1.4 Methodology and Forecast Analysis
  2. 2. Global Intravascular Ultrasound System Market Research Report - Preface
    1. 2.1 Global Intravascular Ultrasound System Market Research Report – Detailed Scope and Definitions
      1. 2.1.1 By Product Type
      2. 2.1.2 By Application
      3. 2.1.3 By End User
      4. 2.1.4 By Region
  3. 3. Global Intravascular Ultrasound System Market Dynamics
    1. 3.1. Drivers - Macro-Economic Based, Supply Side, and Demand Side Drivers
    2. 3.2. Restraints – By Product Type, By Application, By End User, By Country
    3. 3.3. Opportunities – By Product Type, By Application, By End User, By Country
    4. 3.4. Trends – By Product Type, By Application, By End User, By Country
    5. 3.5. PEST Analysis
    6. 3.6. Porters Five Rule Analysis
    7. 3.7. Company’s Share Analysis (CSA) by Region or By Country
    8. 3.8. Global Intravascular Ultrasound System Market Research Report – DROTs Impact Analysis
    1. 4. Global Intravascular Ultrasound System Market Research Report, Historic Data 2019 - 2023 and Forecast Analysis Data 2024 - 2031
    2. 4.1. Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
    3. 4.2. Annual Market Trend Assessment – Year-on-Year (YoY) Growth Analysis (%)
    4. 4.3. Incremental Market Value/Volume Opportunity between 2019 - 2023 and 2024 - 2031
    5. 4.4. Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
  1. 5. Global Intravascular Ultrasound System Market, By Product Type, 2019 - 2023 and Forecast, 2024 - 2031 (Market Value, In USD Mn)
    1. 5.1 IVUS Consoles
    2. 5.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
    3. 5.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
    4. 5.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
    5. 5.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
    6. 5.2 IVUS Catheters
    7. 5.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
    8. 5.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
    9. 5.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
    10. 5.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
    6. Global Intravascular Ultrasound System Market, By Application, 2019 - 2023 and Forecast, 2024 - 2031 (Market Value, In USD Mn)
    1. 6.1 Coronary Artery Disease (CAD)
    2. 6.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
    3. 6.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
    4. 6.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
    5. 6.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
    6. 6.2 Peripheral Artery Disease (PAD)
    7. 6.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
    8. 6.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
    9. 6.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
    10. 6.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
    7. Global Intravascular Ultrasound System Market, By End User, 2019 - 2023 and Forecast, 2024 - 2031 (Market Value, In USD Mn)
    1. 7.1 Hospitals
    2. 7.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
    3. 7.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
    4. 7.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
    5. 7.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
    6. 7.2 Cardiac Catheterization Labs
    7. 7.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
    8. 7.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
    9. 7.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
    10. 7.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
    11. 7.3 Ambulatory Surgical Centers (ASCs)
    12. 7.3.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
    13. 7.3.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
    14. 7.3.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
    15. 7.3.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
  1. 8. Global Intravascular Ultrasound System Market Forecast, By Region, 2019 - 2023 and 2024 - 2031 (Market Value, In USD Mn)
    1. 8.1 North America
      1. 8.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
      2. 8.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
      3. 8.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
      4. 8.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
      8.2 Europe
      1. 8.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
      2. 8.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
      3. 8.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
      4. 8.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
      8.3 Asia-Pacific
      1. 8.3.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
      2. 8.3.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
      3. 8.3.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
      4. 8.3.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
      8.4 Latin America
      1. 8.4.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
      2. 8.4.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
      3. 8.4.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
      4. 8.4.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
      8.5 Middle East and Africa
      1. 8.5.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
      2. 8.5.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
      3. 8.5.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
      4. 8.5.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
      8.6 Global Intravascular Ultrasound System Market - Opportunity Analysis Index, By Product Type, By Application, By End User, and Region, 2024 - 2031
  1. 9. North America Global Intravascular Ultrasound System Market Analysis, 2019 - 2023 and Forecast, 2024 - 2031 (Market Value, In USD Mn)
    1. 9.1 By Product Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 9.1.1 IVUS Consoles
      2. 9.1.2 IVUS Catheters
      9.2 By Application Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 9.2.1 Coronary Artery Disease (CAD)
      2. 9.2.2 Peripheral Artery Disease (PAD)
      9.3 By End User Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 9.3.1 Hospitals
      2. 9.3.2 Cardiac Catheterization Labs
      3. 9.3.3 Ambulatory Surgical Centers (ASCs)
      9.4 Country Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 9.4.1 United States
      2. 9.4.2 Canada
    2. 9.5 North America Global Intravascular Ultrasound System Market – Opportunity Analysis Index, By Product Type, By Application, By End User, and Country, 2024 - 2031
    3. 9.6 Regional Trends Analysis
    4. 9.7 North America Global Intravascular Ultrasound System Market Research Report - Company Profiles
      1. 9.7.1 Company 1 (United States)
      2. 9.7.2 Company 2 (Canada)
      3. 9.7.3 Company 3 (Canada)
    10. Europe Global Intravascular Ultrasound System Market Analysis, 2019 - 2023 and Forecast, 2024 - 2031 (Market Value, In USD Mn)
    1. 10.1 By Product Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 10.1.1 IVUS Consoles
      2. 10.1.2 IVUS Catheters
      10.2 By Application Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 10.2.1 Coronary Artery Disease (CAD)
      2. 10.2.2 Peripheral Artery Disease (PAD)
      10.3 By End User Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 10.3.1 Hospitals
      2. 10.3.2 Cardiac Catheterization Labs
      3. 10.3.3 Ambulatory Surgical Centers (ASCs)
      10.4 Country Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 10.4.1 Germany
      2. 10.4.2 United Kingdom
      3. 10.4.3 France
      4. 10.4.4 Spain
      5. 10.4.5 Italy
      6. 10.4.6 Russia
      7. 10.4.7 Netherlands and Rest of Europe
    2. 10.5 Europe Global Intravascular Ultrasound System Market – Opportunity Analysis Index, By Product Type, By Application, By End User, and Country, 2024 - 2031
    3. 10.6 Regional Trends Analysis
    4. 10.7 Europe Global Intravascular Ultrasound System Market Research Report - Company Profiles
      1. 10.7.1 Company 1 (Germany)
      2. 10.7.2 Company 2 (United Kingdom)
      3. 10.7.3 Company 3 (United Kingdom)
    11. Asia-Pacific Global Intravascular Ultrasound System Market Analysis, 2019 - 2023 and Forecast, 2024 - 2031 (Market Value, In USD Mn)
    1. 11.1 By Product Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 11.1.1 IVUS Consoles
      2. 11.1.2 IVUS Catheters
      11.2 By Application Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 11.2.1 Coronary Artery Disease (CAD)
      2. 11.2.2 Peripheral Artery Disease (PAD)
      11.3 By End User Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 11.3.1 Hospitals
      2. 11.3.2 Cardiac Catheterization Labs
      3. 11.3.3 Ambulatory Surgical Centers (ASCs)
      11.4 Country Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 11.4.1 China
      2. 11.4.2 Japan
      3. 11.4.3 India
      4. 11.4.4 South Korea
      5. 11.4.5 Australia & New Zealand
      6. 11.4.6 ASEAN
      7. 11.4.7 Rest of Asia-Pacific
    2. 11.5 Asia-Pacific Global Intravascular Ultrasound System Market – Opportunity Analysis Index, By Product Type, By Application, By End User, and Country, 2024 - 2031
    3. 11.6 Regional Trends Analysis
    4. 11.7 Asia-Pacific Global Intravascular Ultrasound System Market Research Report - Company Profiles
      1. 11.7.1 Company 1 (China)
      2. 11.7.2 Company 2 (Japan)
      3. 11.7.3 Company 3 (Japan)
    12. Latin America Global Intravascular Ultrasound System Market Analysis, 2019 - 2023 and Forecast, 2024 - 2031 (Market Value, In USD Mn)
    1. 12.1 By Product Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 12.1.1 IVUS Consoles
      2. 12.1.2 IVUS Catheters
      12.2 By Application Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 12.2.1 Coronary Artery Disease (CAD)
      2. 12.2.2 Peripheral Artery Disease (PAD)
      12.3 By End User Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 12.3.1 Hospitals
      2. 12.3.2 Cardiac Catheterization Labs
      3. 12.3.3 Ambulatory Surgical Centers (ASCs)
      12.4 Country Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 12.4.1 Brazil
      2. 12.4.2 Mexico
      3. 12.4.3 Argentina
      4. 12.4.4 Peru
      5. 12.4.5 Colombia
      6. 12.4.6 Rest of Latin America
    2. 12.5 Latin America Global Intravascular Ultrasound System Market – Opportunity Analysis Index, By Product Type, By Application, By End User, and Country, 2024 - 2031
    3. 12.6 Regional Trends Analysis
    4. 12.7 Latin America Global Intravascular Ultrasound System Market Research Report - Company Profiles
      1. 12.7.1 Company 1 (Brazil)
      2. 12.7.2 Company 2 (Mexico)
      3. 12.7.3 Company 3 (Mexico)
    13. Middle East and Africa Global Intravascular Ultrasound System Market Analysis, 2019 - 2023 and Forecast, 2024 - 2031 (Market Value, In USD Mn)
    1. 13.1 By Product Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 13.1.1 IVUS Consoles
      2. 13.1.2 IVUS Catheters
      13.2 By Application Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 13.2.1 Coronary Artery Disease (CAD)
      2. 13.2.2 Peripheral Artery Disease (PAD)
      13.3 By End User Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 13.3.1 Hospitals
      2. 13.3.2 Cardiac Catheterization Labs
      3. 13.3.3 Ambulatory Surgical Centers (ASCs)
      13.4 Country Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 13.4.1 Saudi Arabia
      2. 13.4.2 UAE
      3. 13.4.3 Qatar
      4. 13.4.4 Egypt
      5. 13.4.5 Israel
      6. 13.4.6 Rest of Middle East and Africa
    2. 13.5 Middle East and Africa Global Intravascular Ultrasound System Market – Opportunity Analysis Index, By Product Type, By Application, By End User, and Country, 2024 - 2031
    3. 13.6 Regional Trends Analysis
    4. 13.7 Middle East and Africa Global Intravascular Ultrasound System Market Research Report - Company Profiles
      1. 13.7.1 Company 1 (Saudi Arabia)
      2. 13.7.2 Company 2 (UAE)
      3. 13.7.3 Company 3 (UAE)
    14. Competition Landscape
    1. 14.1 Strategic Dashboard of Top Market Players
    2. 14.2 Company Profiles (Introduction, Financial Assessments, Portfolio of Offerings, Milestones and Achievements, Strategic Initiative, and SWOT Analysis)
      1. 14.2.1 Philips
      2. 14.2.2 Boston Scientific
      3. 14.2.3 GE Healthcare
      4. 14.2.4 Siemens Healthineers
      5. 14.2.5 Terumo
      6. 14.2.6 Conavi Medical
      7. 14.2.7 Infraredx
      8. 14.2.8 ACIST Medical
  1. 15. Data Collection Method and Research Approach
  2. 16. Principal Presumptions and Acronyms

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