Contrast Media Market Size Analysis, Growth and Insights By Type (Iodine-based, Intravenous Contrast Materials), Application (Oncology, Cardiovascular Disorders, nephrological Disorders), Procedure (Computed Tomography, X-ray, Magnetic Resonance Imaging, ultrasound), Route of Administration (Oral, Rectal, Injectable), Forecast To 2023
Global Contrast Media Market size and share will grow at a CAGR of 6.3% over the forecast period of 2017 – 2023. Contrast Media is a substance that enhances the visibility of internal organs during radiography. Medical imaging plays a crucial role in diagnosis of diseases, like GI disorders, cancer diagnosis, and cardiovascular complications.
Extensive uses of contrast media in medical imaging to enhance the visibility of blood vessels and GI tract are supporting the growth of the contrast media market. The augmented market demand led by the expectations of radiologists is helping the market to garner exponential traction, worldwide. Simultaneously, the rising prevalence of various chronic diseases such as GIT, cancer, cardiac conditions, and an increase in the number of public as well as private diagnostic centres are fostering the contrast media market growth.
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Segmental Analysis
contrast media market is segmented into
type
procedure
application
route of application
Based on the type, contrast media market is segmented into
intravenous contrast materials
iodine-based contrast media agents
others
Based on the application, the contrast media market is segmented into
nephrological disorders
oncology
cardiovascular disorders
others
Based on the route of administration, the contrast media market is segmented into
injectable
rectal
oral
Geographical Analysis of Contrast Media Market:
With largest contrast media market share North America leads the global market. Advancements in the medical imaging technologies is a key driving force behind the regional contrast media market growth. Moreover, increasing prevalence of GI disease and massive uptake of advanced technologies in medical science, drive the growth of the regional market. The presence of notable players and their increasing emphasis on delivering cost-competitive contrast media foster the growth of the regional market.
Europe stands second in the global contrast media market, becoming a lucratively growing market. Increasing healthcare expenditures and the adoption of advanced technologies boost the growth of the regional contrast agent market. Additionally, the presence of global players fosters the growth of the medical supplies market in the region.
The Asia Pacific, contrast media market, is rapidly emerging as a profitable market. Rapidly increasing healthcare sectors and the developing economy in the region are pushing up the growth in the regional market. APAC countries such as Japan, China, and India, drive the regional contrast agent market growth, majorly. Besides, the rising population and the spreading awareness towards the functionalities of contrast media impact the market growth, positively.
Market Key players
Top Leading Companies in the contrast media market are
Medrad Inc. (US)
Guerbet Group (France)
Subhra Pharma Private Limited (India)
GE Healthcare (US)
CMC Contrast AB (Sweden)
Daiichi (Japan)
Bayer Healthcare Pharmaceuticals (Germany)
AMAG Pharmaceuticals (US)
Bracco Diagnostic Inc. (Italy)
Lantheus Medical Imaging (U.S.)
Covidien (Ireland)
Mallinckrodt Pharmaceuticals (UK)
Targeson (US)
nanoPET Pharma GmbH (Germany)
NanoScan Imaging (US)
Contrast Media Market Drivers and Impact:
Key Factors responsible for development of market
Growing Demand from Key Applications and Potential Industries
Contrast Media Market Challenges and Impact
Rising Demand from Key Regions
Contrast Media Market Trends
Table Of Content:
Introduction
Definition
Scope of study
Research objective
Assumptions & limitations
Assumptions
Limitations
Market structure
Research methodology
Research process
Primary research
Secondary research
Market dynamics
Drivers
Restraints
Opportunities
Macroeconomic indicators
Market factor analysis
Porters five forces model
Bargaining power of suppliers
Bargaining power of buyers
Threat of new entrants
Threat of substitutes
Intensity of rivalry
Global contrast media market, by type
Intravenous contrast materials
Iodine-based
Other
Global contrast media market, by procedures
X-ray
Computed tomography
Magnetic resonance imaging
Ultrasound
Other
Global contrast media market, by application
Cardiovascular disorders
Oncology
Nephrological disorders
Global contrast media market, by route of administration
Rectal
Oral
Injectable
Other
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