Hyderabad, India -- (SBWIRE) -- 02/22/2018 -- Vascular imaging is a non-invasive diagnostic technique that utilizes sound waves to assess the body's circulatory framework and help distinguish blockages in the courses and veins and recognize blood clumps. Doppler ultrasounds contemplate – a procedure that assesses blood move through a vein – is generally part of this exam. Ultrasound does not utilize ionizing radiation, has no known hurtful impacts, and gives pictures of delicate tissues that are not accessible to X-ray techniques.

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The global vascular imaging market value is evaluated to be USD 4.35 Billion in 2016 and is estimated to reach USD 5.96 Billion by 2021 at a CAGR of 6.5%.

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Growing number of cardiovascular disease victims is propelling the vascular imaging market growth. It is estimated that around 18 million deaths are caused by cardiovascular diseases worldwide every year. Rising requirement of non-invasive medical procedures, advancements in imaging technology, growing geriatric population, and the advent of more efficient imaging technology are propelling the vascular imaging market growth.

Some of the major challenges of the market are the high price of establishing imaging systems, lack of awareness towards the available medical technology in developing countries, and lack of skilled workforce for handling the image systems.

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Geographically, North America and Europe are occupying the largest and second largest market shares respectively. Major investments in health care and presence of key players are the major contributors to the growth of the market in these regions. Asia-pacific region is expected to witness a high growth rate due to the increasing elderly population in developing countries.

Some of the key players of vascular imaging market include Siemens Healthineers, GE Healthcare, Toshiba Medical Systems Corporation, Hitachi Medical Corporation, Samsung Medison, Shimadzu Corp., St. Jude Medical Inc., TERUMO Corporation, Koninklijke Philips N.V., Fujifilm SonoSite, Hologic Inc., Esaote SpA, Carestream Health Inc., Konica Minolta, Alpinion Medical Systems, Pie Medical Imaging, CorVascular Diagnostics LLC, Evena Medical Inc., LumedX Healthcare Technologies, Xograph Healthcare, Mindray Medical International Ltd., Novadaq Technologies Inc., Omega Medical Imaging LLC., BK Ultrasound, and Piur imaging GmbH.

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