Intravascular Lithotripsy (IVL) Market Size, Share, and Trends Analysis | Global | 2024-2030 | MedCore

  • Year: 2024
  • Scope: 10 Years
  • Region: Global
  • Published Date: 2023/11/06
  • Type: MedCore

Product Description

Overall, the global intravascular lithotripsy (IVL) market was valued at $193 million in 2023. This is expected to increase over the forecast period at a CAGR of 9.3% to reach $359 million.

Throughout this medical market research, we analyzed the IVL market across 7 continents and used our comprehensive methodology to understand the market sizes, unit sales, market values, and to create accurate forecasts. The full report suite on the global market for IVL extends its projections up to the year 2030, thereby providing a comprehensive and anticipatory understanding of the market trends and trajectories for the given period.

DATA TYPES INCLUDED

  • Unit SalesAverage Selling PricesMarket Value & Growth Trends
  • Forecasts Until 2030, and Historical Data to 2020
  • Market Drivers & Limiters for Each Segment
  • Competitive Analysis with Market Shares for Each Segment
  • Recent Mergers & Acquisitions
  • COVID19 Impact
  • Disease Overviews and Demographic Information
  • Company Profiles, Product Portfolios and SWOT for Top Competitors

Global IVL Market Insights

global IVL marketA current trend in the global IVL market is the rising use of this innovative technology to treat complicated calcified coronary artery issues. IVL provides a safe and effective way to handle challenging calcifications. The technique’s capacity to alter calcified lesions with minimal vessel trauma has gained popularity among interventional cardiologists, making it a valuable tool in percutaneous coronary interventions. This trend is driven by the increasing acknowledgment of IVL’s potential to enhance procedural outcomes and improve patient care, especially in cases with severely calcified arteries

Global IVL Market Share Insights

Global IVL Market

Shockwave Medical is the exclusive player in this market, with its Peripheral Lithoplasty® gaining FDA approval for peripheral use in 2016. The company’s revenue comes mainly from the U.S., and it has conducted trials such as DISRUPT II, III, and below the knee (BTK) to confirm its effectiveness. This innovative technology addresses limitations by improving the treatment of calcified plaques. Genesis MedTech, partnering with Shockwave, is seeking NMPA approval in China for the Shockwave IVL System to enhance localized manufacturing and distribution.

Market Segmentation Summary

  • IVL Market 

Global Research Scope Summary

Report AttributeDetails
RegionsNorth America (Canada, United States)
Latin America (Argentina, Brazil, Chile, Colombia, Mexico, Peru, Venezuela)
Western Europe (Austria, Benelux, France, Germany, Italy, Portugal, Scandinavia, Spain, Switzerland, U.K.)
Central & Eastern Europe (Baltic States, Bulgaria, Croatia, Czech Republic, Greece, Hungary, Kazakhstan, Poland, Romania, Russia, Turkey, Ukraine)
Middle East (Bahrain, Iran, Israel, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates)
Asia Pacific (Australia, Cambodia, China, Hong Kong, India, Indonesia, Japan, Malaysia, Myanmar, New Zealand, Philippines, Singapore, South Korea, Taiwan, Thailand, Vietnam)
Africa (Algeria, Egypt, Ghana, Kenya, Libya, Morocco, Nigeria, South Africa, Sudan, Uganda)
Base Year2023
Forecast2024-2030
Historical Data2020-2023
Quantitative CoverageMarket Size, Market Shares, Market Forecasts, Market Growth Rates, Units Sold, and Average Selling Prices.
Qualitative CoverageCOVID19 Impact, Market Growth Trends, Market Limiters, Competitive Analysis & SWOT for Top Competitors, Mergers & Acquisitions, Company Profiles, Product Portfolios, FDA Recalls, Disruptive Technologies, Disease Overviews.
Data SourcesPrimary Interviews with Industry Leaders, Government Physician Data, Regulatory Data, Hospital Private Data, Import & Export Data, iData Research Internal Database.

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For full segmentation and any questions regarding research coverage, please contact us for a complimentary demo of the full report.

 

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Intravascular Lithotripsy Market
10.1 Executive Summary
10.1.1 Global Intravascular Lithotripsy Market Overview
10.1.2 Competitive Analysis
10.1.3 Procedures Included
10.1.4 Regions Included
10.2 Introduction
10.3 Procedure Numbers
10.4 Market Analysis and Forecast
10.5 Drivers and Limiters
10.5.1 Market Drivers
10.5.2 Market Limiters
10.6 Competitive Market Share Analysis
Shockwave Medical
Chart 10‑1: Intravascular Lithotripsy Market, Global, 2023 & 2030
Chart 10‑2: Intravascular Lithotripsy Procedures, Global, 2023
Chart 10‑3: Intravascular Lithotripsy Procedures by Region, Global, 2020 – 2030
Chart 10‑4: Intravascular Lithotripsy Market, Global, 2020 – 2030
Figure 10‑1: Intravascular Lithotripsy Procedures Covered
Figure 10‑2: Intravascular Lithotripsy Regions Covered, Global (1 of 2)
Figure 10‑3: Intravascular Lithotripsy Regions Covered, Global (2 of 2)
Figure 10‑4: Intravascular Lithotripsy Procedures by Region, Global, 2020 – 2030
Figure 10‑5: Intravascular Lithotripsy Procedures by Country, North America, 2020 – 2030
Figure 10‑6: Intravascular Lithotripsy Procedures by Country, Latin America, 2020 – 2030 (1 of 2)
Figure 10‑7: Intravascular Lithotripsy Procedures by Country, Latin America, 2020 – 2030 (2 of 2)
Figure 10‑8: Intravascular Lithotripsy Procedures by Country, Western Europe, 2020 – 2030
Figure 10‑9: Intravascular Lithotripsy Procedures by Country, Central & Eastern Europe, 2020 – 2030 (1 of 2)
Figure 10‑10: Intravascular Lithotripsy Procedures by Country, Central & Eastern Europe, 2020 – 2030 (2 of 2)
Figure 10‑11: Intravascular Lithotripsy Procedures by Country, Middle East, 2020 – 2030
Figure 10‑12: Intravascular Lithotripsy Procedures by Country, Asia-Pacific, 2020 – 2030 (1 of 3)
Figure 10‑13: Intravascular Lithotripsy Procedures by Country, Asia-Pacific, 2020 – 2030 (2 of 3)
Figure 10‑14: Intravascular Lithotripsy Procedures by Country, Asia-Pacific, 2020 – 2030 (3 of 3)
Figure 10‑15: Intravascular Lithotripsy Procedures by Country, Africa, 2020 – 2030
Figure 10‑16: Intravascular Lithotripsy Market, Global, 2020 – 2030
Figure 10‑17: Units Sold by Region, Intravascular Lithotripsy Market, Global, 2020 – 2030
Figure 10‑18: Average Selling Price by Region, Intravascular Lithotripsy Market, Global, 2020 – 2030 (US$)
Figure 10‑19: Market Value by Region, Intravascular Lithotripsy Market, Global, 2020 – 2030 (US$M)
Figure 10‑20: Leading Competitors, Intravascular Lithotripsy Market, Global, 2023

iData’s 9-Step Research Methodology

Our reports follow an in-depth 9-step methodology which focuses on the following research systems:

  • Original primary research that consists of the most up-to-date market data
  • Strong foundation of quantitative and qualitative research
  • Focused on the needs and strategic challenges of the industry participants

Step 1: Project Initiation & Team Selection During this preliminary investigation, all staff members involved in the industry discusses the topic in detail.

Step 2: Prepare Data Systems and Perform Secondary Research The first task of the research team is to prepare for the data collection process: Filing systems and relational databases are developed as needed.

Step 3: Preparation for Interviews & Questionnaire Design The core of all iData research reports is primary market research. Interviews with industry insiders represent the single most reliable way to obtain accurate, current data about market conditions, trends, threats and opportunities.

Step 4: Performing Primary Research At this stage, interviews are performed using contacts and information acquired in the secondary research phase.

Step 5: Research Analysis: Establishing Baseline Estimates Following the completion of the primary research phase, the collected information must be synthesized into an accurate view of the market status. The most important question is the current state of the market.

Step 6: Market Forecast and Analysis iData Research uses a proprietary method to combine statistical data and opinions of industry experts to forecast future market values.

Step 7: Identify Strategic Opportunities iData analysts identify in broad terms why some companies are gaining or losing share within a given market segment.

Step 8: Final Review and Market Release An integral part of the iData research methodology is a built-in philosophy of quality control and continuing improvement is integral to the iData philosophy.

Step 9: Customer Feedback and Market Monitoring iData philosophy of continuous improvement requires that reports and consulting projects be monitored after release for customer feedback and market accuracy.

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Overall, the global intravascular lithotripsy (IVL) market was valued at $193 million in 2023. This is expected to increase over the forecast period at a CAGR of 9.3% to reach $359 million.

  • 2024
  • 10 Years
  • Global
  • MedCore
  • 2023/11/06
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