Contrast Media Injectors Market Growth and Development Insight - Size, Share, Growth, and Industry Analysis
MarkNtel Advisors recently published a detailed industry analysis of the Global Contrast Media Injectors Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.
Global Contrast Media Injectors Market, Share, and Trends Analysis Report – Industry Overview and Forecast to 2028
The Contrast Media Injectors Market is valued at USD1.3 billion in 2022 and is projected to grow at a CAGR of around 5.65% during the forecast period, i.e., 2023-28.
What are the major Driver the Global Contrast Media Injectors industry?
Rising Prevalence of Chronic Diseases Such as Cardiovascular Disorders, Cancer, And Neurological Conditions - Contrast Media injectors are commonly used in medical imaging procedures, including magnetic resonance imaging (MRI), computed tomography (CT), and angiography. These injectors help in enhancing the visibility of blood vessels and organs, facilitating accurate diagnosis and treatment planning. With the rising global burden of chronic diseases such as cardiovascular disorders, cancer, and neurological conditions, the demand for imaging procedures using Contrast Media injectors is projected to elevate further.
For instance, the WHO reports approximately 17.7 million people died of CVDs in 2015, likely rising to 23.6 million by 2030. Similarly, per the study, The Global Burden of Cardiovascular Diseases and Risk, published by JACC, Journal of the American College of Cardiology in December 2022, Cardiovascular diseases (CVDs) have collectively remained the leading causes of death globally, substantially contributing to the loss of health and additional costs on the health system.
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What segments define the Global Contrast Media Injectors Market from 2023 to 2028? How do these segments contribute to market dynamics and growth?
By Product
- Injector Systems - Market Size & Forecast 2018-2028, USD Million
- CT Injector Systems-Market Size & Forecast 2018-2028, USD Million
- MRI Injector Systems
- Cardiovascular/Angiography Injector Systems
- Consumables - Market Size & Forecast 2018-2028, USD Million
- Syringes-Market Size & Forecast 2018-2028, USD Million
- TUBINGS-Market Size & Forecast 2018-2028, USD Million
- THERS -Market Size & Forecast 2018-2028, USD Million
According to report, In the historical period, Contrast Media Injector Systems outpaced the consumables segment in terms of market share acquisition.
By Application
- Radiology - Market Size & Forecast 2018-2028, USD Million
- Interventional Cardiology - Market Size & Forecast 2018-2028, USD Million
- Other Applications -Market Size & Forecast 2018-2028, USD Million
According to report, Among other applications, Radiology is expected to lead the market through 2028 on account of the growing demand for contrast media injectors in radiology.
By End-Use
- Hospitals- Market Size & Forecast 2018-2028, USD Million
- Diagnostics Centers- Market Size & Forecast 2018-2028, USD Million
- Ambulatory Surgery Centers-Market Size & Forecast 2018-2028, USD Million
Geographical Analysis: Global Contrast Media Injectors Market
By Region
- North America
- South America
- Europe
- Asia-Pacific
- Rest of World
Explore the Complete Global Contrast Media Injectors Market Analysis Report–
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Global Contrast Media Injectors Market Share & Competitive Landscape:
The Contrast Media Injectors Market is characterized by intense competition, with several key players driving growth through innovation, market expansion, and strategic investments. The competitive landscape provides valuable insights into the industry's leading companies, highlighting their strengths, financial performance, and market influence.
Leading Companies in the Global Contrast Media Injectors Market are:
- Bayer Healthcare Llc
- Bracco Group
- Ulrich Medical
- Guerbet Group
- Medtron Ag
- Nemoto Kyorindo CO., LTD.
- Hong Kong Medi Co Limited
- GE Healthcare (GE Company)
- APOLLO RT CO. LTD.
- SINO MEDICAL-DEVICE TECHNOLOGY CO., LTD.
- Shenzhen Anke High-Tech CO., LTD.
- Shenzhen Seacrown Electromechanical CO., LTD.
- Hilin Life Products
Global Contrast Media Injectors Industry Recent Developments
- In April 2023, GE HealthCare announced the launch of Pixxoscan (gadobutrol), its macrocyclic, non-ionic Magnetic Resonance Imaging (MRI) gadolinium-based contrast agent (GBCA). With this, GE HealthCare Expanded its Contrast Media Portfolio and enabled radiology departments with greater access to agents supporting a broad range of MRI procedures, assisting them in personalizing patient care.
- In May 2022, Bayer Korea announced the marketing of MEDRAD Centargo, a computed tomography (CT) injection medical device, which received approval from the Ministry of Food and Drug Safety in January.
Questions Addressed in this Study
1.What factors are driving the Global Contrast Media Injectors Market growth?
2.How is the Global Contrast Media Injectors Market expected to grow over the next five years?
3.What are the key insights into the current trends in the Global Contrast Media Injectors Market ?
4.What is the current size of the Global Contrast Media Injectors Market, and how is it projected to change in the future?
6.What is the future outlook for the Global Contrast Media Injectors Market in terms of technological advancements and market expansion?
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