According to the recent research report titled ‘Intracardiac Echocardiography (ICE) and Intravascular Ultrasound (IVUS) Market Size By Application (Electrophysiology Procedures, Left Atrial Appendage Closure, Septal Defects), By End-use (Hospitals, Catheterization Laboratories), COVID-19 Impact Analysis, Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2021 – 2027’, available with MarketStudyReport, global intracardiac echocardiography (ICE) and intravascular ultrasound (IVUS) market is projected to showcase considerable growth over 2021-2027.
 

Technological advancements, introduction of innovative devices, rising cases of cardiac disorders, and shifting preferences towards minimally invasive surgery procedures are the key factors driving global intracardiac echocardiography and intravascular ultrasound market growth.
 

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For the uninitiated, intracardiac echocardiography is a type of imaging that allows for high-resolution and real-time visualization of cardiac structures, as well as continuous catheter monitoring and early diagnosis of procedural problems such as pericardial effusion or thrombus formation.
 

Notably, recent technological improvements in the method have prompted researchers to concentrate their efforts on its applications. Citing an instance, in August 2021, a late-breaking study published by the Heart Rhythm Society (HRS) investigated the usage of NuVision ICE catheter of Biosense Webster in EP procedures.
 

The unique 3D/4D ICE imaging catheter showed outstanding procedural and diagnostic guidance value in radio frequency ablation and cryo-ablation procedures, and also in left atrial appendage occlusion procedures, according to the findings of the first-in-human research study.
 

Based on application spectrum, global intracardiac echocardiography and intravascular ultrasound market from others segment is projected to observe considerable growth over 2021-2027. Escalating demand for better imaging modalities in minimally invasive methods, such as transcatheter valve replacement, is expected to drive segmental growth.
 

Furthermore, rising product usage to reduce procedural difficulties and improve visualization of complex peripheral and coronary structures is expected to boost segmental revenue during the analysis period.
 

As per end user scope, the others segment was worth USD 95 million in 2020 and is expected to expand further over the next five years, owing to expanding specialty facilities like cardiac centers and ablation centers which offer diagnosis and treatment for several complex structural ailments.
 

Regionally, Middle East & Africa market is predicted to record a CAGR of 3.9% over 2021-2027, creditable to increasing requirement for advanced diagnostic imaging products and rising emphasis on expanding healthcare infrastructure in the region.
 

Coming to competitive landscape, Koninklijke Philips N.V., Siemens Healthcare GmbH, Conavi Medical, NIPRO (Infraredx Inc.), Johnson & Johnson (Biosense Webster Inc.), and Boston Scientific Corporation are among the prominent organizations impacting global intracardiac echocardiography and intravascular ultrasound industry dynamics.