Global Interventional Radiology Market Set to Exceed USD 36.7 Billion by 2031 Fueled by Image-Guided Precision and Outpatient Adoption

[Boston, June 23rd, 2025] – Clearview Market Insights (CVMI) projects that the global interventional radiology (IR) market will grow from USD 21.4 billion in 2024 to USD 36.7 billion by 2031, reflecting a CAGR of 8.1%. The market is driven by the demand for minimally invasive treatments that enhance outcomes and lessen procedural burdens on hospitals.

IR is now central to cancer therapy, stroke care, and vascular treatment—not just a supportive discipline,” said Dr. Lina Shore, CVMI’s imaging and interventional systems analyst. “Technological integration and procedure diversification are key market accelerators.

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Market Highlights

  • 2024 Market Size: USD 21.4 billion
  • 2031 Forecast: USD 36.7 billion
  • CAGR: 8.1% (2024–2031)

Growth Catalysts

  • Chronic Disease Intervention: Cancer embolization, vascular repair, and kidney access procedures are on the rise.
  • Imaging-Driven Precision: Integration of MRI and CT enables real-time guidance and data-supported outcomes.
  • Shift to Ambulatory & OBL Settings: Cost-effective and efficient IR setups alleviate surgical volume pressure on hospitals.

Segment Outlook

  • Leading products: embolization kits, RF ablation systems, and IR catheters
  • Key Procedure Areas: Oncology and peripheral vascular interventions continue to be the highest volume applications.
  • Top Growth Regions: Asia-Pacific and Latin America are benefiting from global health access programs.

Competitive Landscape Snapshot (2024)

  • Medtronic – 22%: Strong IR device coverage and specialty tool integration
  • Boston Scientific – XX%: Oncology, access, and venous systems
  • Cook Medical – XX%: Biopsy, renal, and GI solutions
  • Siemens Healthineers – XX%: Leading IR imaging platforms
  • Others – XX%: Innovation from Terumo, Philips, and regional players

Looking Ahead to 2031

AI-powered diagnostics, robotics-enabled catheter control, and mobile IR units will lead next-generation offerings. Companies that enhance physician training and establish regional partnerships will secure future share in this vital medical discipline.

 

 

For more insights, visit https://clearviewmarketinsights.com/

 

About Clearview Market Insights:

Clearview Market Insights is a leading market research and consulting firm providing in-depth industry analysis and strategic recommendations for businesses worldwide.

 

Media contact:

Bhavani K

Marketing and Sales Head

ClearView Market Insights

Mail: sales@clearviewmarketinsights.com

Phone: +1 917-993-7369

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