Contrast Media Market Outlook, Key Players, End User, Demand and Analysis Growth Trends by 2030

 


Contrast media substances or agents assist in increasing the contrast of structures or fluids of the body during medical imaging. They enhance the visibility of blood vessels. The global Contrast Media Market is anticipated to grow at a CAGR of 6.3% during the assessment period of 2022-2030, asserts Market Research Future (MRFR) in a detailed research report.

Rising prevalence of various chronic diseases, increasing burden of cancer, and hike in mortality rates on a global scale which generates high demand for diagnosis and image-guided procedures. Contrast media finds application in diverse modalities such as ultrasound, MRI scans, x-rays and in cath lab procedures.

Unlike x-rays, contrast agents are associated with fewer adverse drug reactions. The favorable safety profile of contrast media makes them the preferred choice for medical imaging purposes as they can even be used to diagnose pregnant women without any side effects.

Competitive Landscape

The global Contrast Media Market Players such as CMC Contrast AB (Sweden), Bracco Diagnostic Inc. (Italy), Guerbet (Japan), Covidien (Ireland), Subhra Pharma Private Limited (India), Bayer Healthcare Pharmaceuticals (Germany), Daiichi (Japan), GE Healthcare (US), Targeson (US), NanoScan Imaging (US), AMAG Pharmaceuticals (US), Bracco Imaging S.p.A. (Italy), nanoPET Pharma GmbH (Germany), Guerbet Group (France), Lantheus Medical Imaging (U.S.), Medrad Inc (US), and Mallinckrodt Pharmaceuticals (UK).

Segmentation

The global contrast media market has been segmented based on type, procedure, application, and route of administration.

·         By type, the market has been segmented into intravenous contrast materials, iodine-based and other.

·         By procedure, the market has been segmented into X-ray, computed tomography, magnetic resonance imaging, ultrasound and other.

·         By application, the market has been segmented into cardiovascular disorders, oncology, nephrological disorders.

·         By route of administration, the market has been segmented into rectal, oral, injectable and other.

Regional Analysis

North America, Europe, Asia Pacific, and the Middle East & Africa are the key markets for contrast media. North America dominates the global contrast media market followed by Europe. High healthcare expenditure, usage of technologically advanced medical imaging techniques and the presence of eminent players in the region supports the growth of the market in North America.

The Europe market is driven by high investment in R&D, high government support and concentration of key players in countries such as France, Germany, Italy, and Sweden.

Asia Pacific is poised be the fastest growing market for contrast media due to increasing awareness in the region, the presence of a substantial patient population and high investment in the development of healthcare infrastructure.

Industry Updates

  • In November 2018, the U.S. Food and Drug Administration (FDA) approved the clinical use of a magnetic resonance imaging (MRI) scanner which allows spotting pituitary tumors in crushing's patients. The new ultra-high field 7T Terra MRI scanner allows more reliable images of the brain and facilitates identification of very small tumors which standard MRI fails to spot.

 

  • In October 2018, Israeli startup iNNOGING innovated breakthrough in sonography technology. The innovation will enable physicians to manipulate captured ultrasound video and allow virtual dynamic examination by conversion of the video clip into a 3D model without the presence of the patient.

About US:

Market Research Future (MRFR) enable customers to unravel the complexity of various industries through Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact us:

Market Research Future (part of Wantstats Research and Media Private Limited),

99 Hudson Street,5Th Floor, New York,

New York 10013

 

 

Comments

Post a Comment

Popular posts from this blog

Ayurvedic Products Market Outlook, Trend, Growth and Share Estimation Analysis and Forecast 2020-2030

Image
  Global Ayurvedic Products Market Overview Ayurvedic Products are generally used in personal care and healthcare products. Ayurvedic products originated from India, and thus, the concentration of ayurvedic product suppliers is the highest in the country. According to the latest research reports Due to growing inclination for natural treatment, the Ayurvedic Products Market , size is projected to reach USD 28830.5 Million by 2030 at 12.3% CAGR. Many factors are influencing a significant rise in the growth rate between during forecast periods. Increasing adoption of traditional methods for medicinal purposes is observed to cause a significant boost in the global Ayurvedic Products Market With a rise in the working woman population, rising disposable income, and a growing inclination towards chemical free and herbal cosmetics are some of the primary factors contributing to the ascension of the global ayurvedic market. Apart from personal care, ayurvedic healthcare products are...
Read more

Pain Management Devices Market Set To Exhibit Strong Growth, Valuable Research Factors and Industry Forecast to 2030

Image
  Pain Management Devices Market – Overview The Pain Management Devices Market can anticipate expansion at a rate of 7.12% from 2020 to 2030, believes MRFR (Market Research Future). Progress in technology and better research capabilities have led to the development of devices that can control pain with limited use of drugs. Focused Market reports connected to the healthcare sector among others lately have been made available by Market Research Future which publishes a report on this sector. The development of pain management devices has been useful to control pain in a wide range of ailments. The level of relief from pain that is experienced, is one of the major driving factors for the industry, as patients who use such devices are prone to chronic pain daily. Cancer patients and the geriatric population are among the major user segments for the pain management devices as medication alone may not be sufficient to provide pain relief in their situation. The industry is antici...
Read more

Breast Cancer Market 2022-2027 Worldwide Demand and Growth Analysis Report 2022-2027

Image
  Breast Cancer is the second-most common type of cancer in women and one of the paramount concerns, globally. According to WHO, every year, around 200,000 new cases get registered, and the digits are continuously increasing. Many statistics show that breast cancer is more prevalent in developed countries such as the UK, the US, and Australia as their women are more prone to acquire the disease. This doesn’t mean that women from developing countries like India and China are out of breast cancer’s radar. On the contrary, they are more vulnerable than women from developed regions. Unavailability of proper treatment due to the lack of funds and awareness towards the government’s programs is killing them more than breast cancer can. Advancements in medical science and biotechnology have improved the outlook of diagnosis. However, the recovery is still challenging as survivors adjust to the scars that remain mentally and physically. Surprisingly, the Breast Cancer Market is still a...
Read more