Japan Intravascular Ultrasound Market Size, Share, and COVID-19 Impact Analysis, By Product (Consoles and Accessories), By Modality (Virtual Histology IVUS, iMAP IVUS, and Integrated Backscatter IVUS), By End Use (Hospitals, Diagnostic Imaging Centers, and Academic and Research Institutes), and Japan Intravascular Ultrasound Market Insights, Industry Trend, Forecasts to 2035

Japan Intravascular Ultrasound Market Insights Forecasts to 2035

• The Japan Intravascular Ultrasound Market Size Was Estimated at USD 22.4 Million in 2024
• The Market Size is Expected to Grow at a CAGR of around 6.8% from 2025 to 2035
• The Japan Intravascular Ultrasound Market Size is Expected to Reach USD 46.2 Million by 2035

According to a research report published by Spherical Insights & Consulting, the Japan Intravascular Ultrasound Market Size is Anticipated to Reach USD 46.2 Million by 2035, Growing at a CAGR of 6.8% from 2025 to 2035. The Japan intravascular ultrasound (IVUS) market is growing due to increasing cardiovascular diseases, technology, and demand for minimally invasive treatments. Japan's aging population, focus on precision medicine, and strong healthcare infrastructure are other factors driving market growth.

Market Overview

The Japan intravascular ultrasound (IVUS) market refers to the application of high-resolution ultrasound technology to image blood vessels, mainly in cardiovascular interventions. IVUS provides physicians with a view of the inside of arteries, measures plaque accumulation, measures vessel sizes, and examines arterial status, making it helpful in procedures such as angioplasty and stent placement. Japan's well-developed healthcare system, advanced medical technology, and focus on research and development also drive the market forward. Future opportunities in the IVUS market are found in its application to other cardiovascular care areas, improving system capabilities, and fulfilling the need for more accurate diagnostic devices in clinical environments. Factors driving demand are rising cardiovascular disease incidence, aging populations, and increasing demand for minimally invasive procedures. Improvements in ultrasound technology, such as higher resolution imaging and real-time feedback, have increased the accuracy and safety of cardiovascular interventions. The government also encourages medical innovation with other programs, such as subsidies for creating next-generation medical devices.

Report Coverage

This research report categorizes the market for the Japan intravascular ultrasound market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Japan intravascular ultrasound market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Japan intravascular ultrasound market.

Driving Factors

The Japan intravascular ultrasound (IVUS) market is fueled by a growing incidence of cardiovascular diseases, population aging, and increasing demand for minimally invasive techniques. Improvements in ultrasound technology, improved diagnostic accuracy, and improved clinical outcomes further enhance adoption. Increased healthcare expenditure, as well as government backing for medical device technology, also supports market growth. The demand for accurate and real-time imaging during the process of angioplasty and stent placement remains the driving force behind the demand for IVUS systems.

Restraining Factors

The Japan intravascular ultrasound market is hindered by high device prices, restricted reimbursement policies, and the shortage of skilled professionals. Moreover, competition from other imaging technologies as well as regulatory issues can delay broad-scale adoption and market growth.

Market Segmentation

The Japan intravascular ultrasound market share is classified into product, modality, and end use.  

• The accessories segment held the largest market share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The Japan intravascular ultrasound market is segmented by product into consoles and accessories. Among these, the accessories segment held a significant share in 2024 and is expected to grow at the largest market CAGR during the forecast period. This is due to the increased demand for improved imaging and procedure effectiveness fuels the requirement for IVUS accessories such as catheter guides, protective sheaths, and sophisticated probes. These elements increase maneuverability, lower procedure time, and provide high-quality imaging, maximizing IVUS system performance, accuracy, and safety.

• The virtual histology IVUS segment held the largest market share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The Japan intravascular ultrasound market is segmented by modality into virtual histology IVUS, iMAP IVUS, and integrated backscatter IVUS. Among these, the virtual histology IVUS segment held the largest market share in 2024 and is expected to grow at a significant CAGR during the forecast period. Virtual histology IVUS integrates conventional imaging with sophisticated computer software for tissue and plaque composition examination. By accurately determining types of plaques, it improves diagnostic precision and directs focused intervention, with increasing acceptance among cardiologists for enhanced patient management and holistic diagnostics.

• The hospitals segment held the largest market share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The Japan intravascular ultrasound market is segmented by end use into hospitals, diagnostic imaging centers, and academic and research institutes. Among these, the hospitals segment held the largest market share in 2024 and is expected to grow at a significant CAGR during the forecast period. This is attributed to the growing incidence of cardiovascular diseases is stimulating demand for sophisticated IVUS systems in healthcare facilities. The increasing emphasis on early diagnosis and minimally invasive treatment increases diagnostic accuracy and patient outcomes, spurring demand for IVUS systems and driving market growth in cardiovascular treatment.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the Japan intravascular ultrasound market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Shimadzu Corporation
• GE Healthcare
• Terumo
• Fujifilm Corporation
• Nipro
• Medtronic
• Hitachi Ltd.
• Abbott
• Canon Medical Systems Corporation
• Boston Scientific
• Analogic Corporation
• Others

Recent Developments:

• In July 2023, Canon Medical launched two compact ultrasound systems, Aplio Flex and Aplio go, designed to support evolving healthcare needs. Aplio Go offers agility, reliability, and strong image quality, while Aplio Flex delivers pristine imaging, automated functions, and intelligent workflows in a mobile, efficient platform for diverse imaging tasks.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at Japan, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the Japan intravascular ultrasound market based on the below-mentioned segments:

Japan Intravascular Ultrasound Market, By Product

• Consoles
• Accessories

Japan Intravascular Ultrasound Market, By Modality

• Virtual Histology IVUS
• iMAP IVUS
• Integrated Backscatter IVUS

Japan Intravascular Ultrasound Market, By End Use

• Hospitals
• Diagnostic Imaging Centers
• Academic and Research Institutes