Global Structural Heart Imaging (SHI) Equipment Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Imaging;
Echocardiogram & Angiogram - Magnetic Resonance Imaging (MRI) and Computed Tomography (CT).By Geography;
North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).Introduction
Global Structural Heart Imaging (SHI) Equipment Market (USD Million), 2021 - 2031
In the year 2024, the Global Structural Heart Imaging (SHI) Equipment Market was valued at USD 19,154.06 million. The size of this market is expected to increase to USD 41,817.06 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 11.8%.
The Global Structural Heart Imaging (SHI) Equipment Market plays a pivotal role in the diagnosis and treatment planning of structural heart diseases. These imaging technologies provide clinicians with detailed insights into the anatomy and function of the heart, enabling precise visualization of structural abnormalities such as valve defects, septal defects, and other cardiac anomalies. SHI equipment encompasses a variety of modalities, including echocardiography, cardiac magnetic resonance imaging (MRI), computed tomography (CT), and fluoroscopy, each offering unique advantages in terms of imaging resolution, speed, and accessibility.
Echocardiography is one of the most widely used modalities in structural heart imaging, offering real-time, non-invasive visualization of cardiac structures and blood flow patterns. It utilizes ultrasound waves to generate high-resolution images of the heart, allowing clinicians to assess valve function, chamber dimensions, and cardiac wall motion. Advanced echocardiographic techniques such as transesophageal echocardiography (TEE) provide detailed views of the heart from inside the esophagus, offering superior image quality for certain applications such as evaluating prosthetic heart valves and detecting intracardiac thrombi.
Cardiac MRI and CT imaging are valuable adjuncts to echocardiography, offering complementary information for comprehensive assessment of structural heart diseases. Cardiac MRI provides detailed three-dimensional images of the heart and surrounding vasculature, with excellent soft tissue contrast and functional assessment capabilities. CT imaging, on the other hand, offers rapid acquisition of high-resolution images, particularly useful for assessing coronary artery anatomy and calcification. Fluoroscopy, although less commonly used for structural heart imaging, remains an essential tool for guiding interventional procedures such as transcatheter valve replacements and septal defect closures, providing real-time visualization of device positioning and deployment within the heart.
Global Structural Heart Imaging (SHI) Equipment Market Recent Developments
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In October 2023, GE Healthcare launched its enhanced venue family point-of-care ultrasound system with features like AI-driven caption guidance. That allows the surgeon to perform cardiac examination with real-time guidance.
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In August 2023, Canon Medical announced the launch of their new angiography system Alphe Cnix/Evolve Edition for commercial sale in Asian, African, and European countries.
Segment Analysis
The Global Structural Heart Imaging (SHI) Equipment Market can be segmented based on technology, application, and end-user. In terms of technology, the market encompasses various imaging modalities such as echocardiography, cardiac magnetic resonance imaging (MRI), computed tomography (CT), and fluoroscopy. Echocardiography remains the cornerstone of structural heart imaging, offering real-time visualization of cardiac structures and blood flow patterns using ultrasound waves. Cardiac MRI and CT imaging provide complementary information, with MRI offering detailed three-dimensional views of the heart's anatomy and function, while CT imaging excels in rapid acquisition of high-resolution images, particularly useful for assessing coronary arteries and calcifications. Fluoroscopy plays a vital role in guiding interventional procedures, offering real-time visualization of device positioning and deployment within the heart.
Application-wise, the SHI Equipment Market serves a broad range of clinical needs, including the diagnosis, treatment planning, and post-procedural assessment of structural heart diseases. Structural heart imaging modalities aid in the detection and characterization of abnormalities such as valve defects, septal defects, and congenital anomalies, enabling clinicians to make informed decisions regarding patient management. These imaging technologies are also integral to guiding minimally invasive interventions such as transcatheter valve replacements, septal defect closures, and left atrial appendage occlusions, ensuring precise device positioning and optimal procedural outcomes. Structural heart imaging plays a crucial role in monitoring disease progression and treatment efficacy over time, facilitating timely adjustments in patient care as needed.
Global Structural Heart Imaging (SHI) Equipment Segment Analysis
In this report, the Global Structural Heart Imaging (SHI) Equipment Market has been segmented by Imaging and Geography.
Global Structural Heart Imaging (SHI) Equipment Market, Segmentation by Imaging
The Global Structural Heart Imaging (SHI) Equipment Market has been segmented by Imaging into Echocardiogram & Angiogram - Magnetic Resonance Imaging (MRI) and Computed Tomography (CT).
The echocardiography, which utilizes ultrasound waves to create real-time images of the heart, is a fundamental tool in structural heart imaging. It provides detailed views of cardiac structures, valves, and blood flow patterns, aiding in the diagnosis and assessment of structural abnormalities. Echocardiography is particularly valuable for its non-invasive nature and ability to offer immediate insights into cardiac function, making it a preferred choice for routine clinical evaluations and monitoring of structural heart diseases.
Angiography, commonly performed using fluoroscopy, involves the injection of contrast dye into blood vessels to visualize the anatomy and blood flow within the heart. It is often used in conjunction with other imaging modalities such as echocardiography to provide comprehensive assessments of structural heart diseases. Magnetic resonance imaging (MRI) and computed tomography (CT) offer complementary capabilities in structural heart imaging, providing detailed three-dimensional views of cardiac anatomy and function. Cardiac MRI offers superior soft tissue contrast and functional assessment, making it well-suited for evaluating complex structural abnormalities and guiding treatment planning. CT imaging, on the other hand, excels in rapid acquisition of high-resolution images, particularly useful for assessing coronary arteries and calcifications, aiding in the diagnosis and risk stratification of structural heart diseases.
The segmentation of the SHI Equipment Market based on imaging modalities reflects the diverse technologies available for visualizing structural heart abnormalities. Each imaging modality offers unique advantages in terms of imaging resolution, speed, and accessibility, allowing clinicians to tailor their approach based on patient needs and clinical indications. The availability of multiple imaging options ensures comprehensive evaluations of structural heart diseases, enabling precise diagnosis, treatment planning, and monitoring of patient outcomes. This segmentation underscores the importance of integrating various imaging modalities to achieve a holistic understanding of structural heart conditions and optimize patient care.
Global Structural Heart Imaging (SHI) Equipment Market, Segmentation by Geography
In this report, the Global Structural Heart Imaging (SHI) Equipment Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Global Structural Heart Imaging (SHI) Equipment Market Share (%), by Geographical Region, 2024
North America, being one of the leading markets, boasts advanced healthcare infrastructure, high healthcare expenditure, and a strong focus on technological innovation. The region is characterized by widespread adoption of cutting-edge imaging modalities and a large patient population, contributing significantly to the growth of the SHI equipment market.
Europe, showcases a mature healthcare sector and a strong emphasis on research and development in medical imaging technologies. Countries within the European Union have well-established healthcare systems and regulatory frameworks that promote the adoption of innovative medical devices. The region benefits from collaborations between academic institutions, healthcare providers, and industry stakeholders, driving advancements in structural heart imaging techniques and equipment.
In contrast, the Asia Pacific region presents both opportunities and challenges for the Structural Heart Imaging Equipment Market. Rapid economic growth, increasing healthcare investments, and a rising prevalence of cardiovascular diseases contribute to market expansion in countries like China, India, and Japan. Disparities in healthcare access, infrastructure limitations, and regulatory complexities pose barriers to market penetration in certain regions. Nevertheless, efforts to improve healthcare infrastructure, enhance training programs, and increase awareness about the importance of early diagnosis and treatment of structural heart diseases are expected to drive growth in the Asia Pacific SHI equipment market in the coming years.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Structural Heart Imaging (SHI) Equipment Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers
- Advanced Imaging Modalities
- Diagnostic Precision
- Non-invasive Techniques
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Enhanced Visualization : Enhanced visualization capabilities are driving advancements in the Global Structural Heart Imaging (SHI) Equipment Market, facilitating more accurate diagnosis and treatment of structural heart diseases. Modern imaging technologies offer improved resolution, contrast, and three-dimensional reconstruction, allowing clinicians to visualize cardiac structures with unprecedented clarity. Echocardiography, the cornerstone of structural heart imaging, has evolved to include advanced techniques such as transesophageal echocardiography (TEE) and three-dimensional echocardiography, providing detailed views of cardiac anatomy and function. These enhancements enable clinicians to identify subtle abnormalities and guide minimally invasive interventions with greater precision.
Magnetic resonance imaging (MRI) and computed tomography (CT) are also contributing to enhanced visualization in structural heart imaging. Cardiac MRI offers exquisite soft tissue contrast and functional assessment, allowing for comprehensive evaluations of structural abnormalities and myocardial function. With advancements in MRI technology, such as faster acquisition times and improved motion correction techniques, cardiac MRI has become an invaluable tool for diagnosing complex structural heart diseases. CT imaging provides rapid acquisition of high-resolution images, particularly useful for assessing coronary arteries, calcifications, and device positioning during interventional procedures. Enhanced visualization capabilities offered by MRI and CT imaging modalities enable clinicians to obtain detailed anatomical information and accurately plan interventions for optimal patient outcomes.
Innovations in imaging software and hardware continue to push the boundaries of enhanced visualization in structural heart imaging. Advanced post-processing techniques, such as multi-planar reconstruction and 3D volume rendering, enable clinicians to manipulate imaging datasets and visualize cardiac structures from multiple perspectives. Integration of artificial intelligence (AI) algorithms enhances image interpretation and workflow efficiency, allowing for faster and more accurate diagnosis of structural heart diseases. These technological advancements in SHI equipment not only improve diagnostic accuracy but also enhance procedural planning and patient outcomes, driving growth and innovation in the global structural heart imaging market.
Restraints
- Limited Accessibility
- Safety Concerns
- Imaging Artifacts
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Reimbursement Limitations : Reimbursement limitations represent a significant challenge in the Global Structural Heart Imaging (SHI) Equipment Market, influencing the adoption and utilization of advanced imaging technologies. Structural heart imaging procedures often involve sophisticated equipment and specialized expertise, leading to higher procedural costs. However, reimbursement policies in many regions may not adequately cover the expenses associated with these procedures, resulting in financial constraints for healthcare providers and patients alike. Limited reimbursement rates or lack of reimbursement for certain imaging modalities can hinder investment in SHI equipment and deter healthcare facilities from offering comprehensive structural heart imaging services.
The complexity and variability of reimbursement systems across different regions further compound the challenges faced by stakeholders in the SHI equipment market. Reimbursement policies are influenced by factors such as healthcare financing models, government regulations, and payer preferences, leading to inconsistencies in coverage and reimbursement rates for structural heart imaging procedures. In some cases, reimbursement may be tied to specific indications or clinical criteria, limiting access to imaging technologies for certain patient populations or clinical scenarios. This lack of uniformity in reimbursement policies creates uncertainty for healthcare providers and manufacturers, impacting investment decisions and market growth strategies.
Evolving reimbursement landscape and changing healthcare priorities add another layer of complexity to the challenges faced by the SHI equipment market. Healthcare systems worldwide are under constant pressure to contain costs while improving patient outcomes, leading to ongoing revisions in reimbursement policies and payment models. The shift towards value-based care and emphasis on cost-effectiveness may influence reimbursement decisions for structural heart imaging procedures, requiring manufacturers and healthcare providers to demonstrate the clinical and economic value of SHI equipment. Addressing reimbursement limitations requires collaboration between industry stakeholders, policymakers, and payers to develop sustainable reimbursement frameworks that support innovation and ensure equitable access to advanced structural heart imaging technologies.
Opportunities
- Technological Advancements
- Emerging Markets
- Minimally Invasive Procedures
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Personalized Medicine : Personalized medicine is increasingly shaping the landscape of the Global Structural Heart Imaging (SHI) Equipment Market by providing tailored diagnostic and treatment strategies based on individual patient characteristics. In the context of structural heart diseases, personalized medicine leverages advanced imaging technologies to precisely characterize the anatomical and functional aspects of the heart, guiding personalized interventions. Imaging modalities such as echocardiography, magnetic resonance imaging (MRI), and computed tomography (CT) play pivotal roles in this approach by offering detailed insights into the unique structural abnormalities of each patient's heart. By combining imaging data with genetic, molecular, and clinical information, clinicians can develop personalized treatment plans that optimize outcomes and minimize risks for patients with structural heart diseases.
The integration of personalized medicine into the SHI Equipment Market enables clinicians to tailor interventions to the specific needs of each patient, leading to more effective and targeted treatments. For example, advanced imaging techniques such as cardiac MRI allow for precise visualization of myocardial tissue characteristics, helping identify patients who may benefit from specific therapies such as cardiac resynchronization therapy (CRT) or radiofrequency ablation for arrhythmias. Echocardiography-guided transcatheter interventions for structural heart diseases, such as transcatheter aortic valve replacement (TAVR) or transcatheter mitral valve repair (TMVR), rely on personalized imaging data to ensure optimal device selection, sizing, and placement, thereby improving procedural outcomes.
Personalized medicine in structural heart imaging facilitates ongoing monitoring and adaptation of treatment strategies based on individual patient responses. Serial imaging assessments enable clinicians to track disease progression, assess treatment efficacy, and identify potential complications in real time. By incorporating imaging biomarkers and patient-specific data into decision-making algorithms, personalized medicine empowers clinicians to deliver proactive, patient-centered care that maximizes long-term outcomes and quality of life for individuals with structural heart diseases. As personalized medicine continues to evolve, the SHI Equipment Market will play a critical role in supporting the integration of imaging-based precision diagnostics and therapeutics into routine clinical practice.
Competitive Landscape Analysis
Key players in Global Structural Heart Imaging (SHI) Equipment Market include:
- CardioComm Solutions Inc.
- Circle Cardiovascular Imaging, Inc.
- HeartSciences
- Koninklijke Philips N.V.
- Pie Medical Imaging
- Shimadzu Corporation
- Siemens Healthineers
- TomTec Imaging Systems GmbH
- Toshiba Corporation
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Imaging
- Market Snapshot, By Region
- Global Structural Heart Imaging (SHI) Equipment Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Advanced Imaging Modalities
- Diagnostic Precision
- Non-invasive Techniques
- Enhanced Visualization
- Restraints
- Limited Accessibility
- Safety Concerns
- Imaging Artifacts
- Reimbursement Limitations
- Opportunities
- Technological Advancements
- Emerging Markets
- Minimally Invasive Procedures
- Personalized Medicine
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Structural Heart Imaging (SHI) Equipment Market, By Imaging, 2021 - 2031 (USD Million)
- Echocardiogram
- Angiogram
- Magnetic Resonance Imaging (MRI)
- Computed Tomography (CT)
- Global Structural Heart Imaging (SHI) Equipment Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia/New Zealand
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Global Structural Heart Imaging (SHI) Equipment Market, By Imaging, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- CardioComm Solutions Inc.
- Circle Cardiovascular Imaging, Inc.
- HeartSciences
- Koninklijke Philips N.V.
- Pie Medical Imaging
- Shimadzu Corporation
- Siemens Healthineers
- TomTec Imaging Systems GmbH
- Toshiba Corporation
- Company Profiles
- Analyst Views
- Future Outlook of the Market