Drive high CAGR by Global Contrast Agents Market Along with Top Key Players like Bayer, GE Healthcare, Bracco Imaging, Guerbet Group, Hengrui Medicine, YRPG, Lantheus, BeiLu Pharma & More

Contrast Agents Market

Contrast agents are chemicals, which are used to enhance the image effect to observe by injecting (or taking) into human tissue or organs. The density of contrast agents is higher or lower than surrounding tissue and this contrast can display images via some device. Contrast agents are widely used in diagnostic imaging procedures such as CT scans, MRIs, X-rays, ultrasounds, and related procedures.

In terms of volume, the production of contrast agents was about 242794 K Dose in 2015 and is anticipated to reach 329523 K Dose by 2021.

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The key manufacturers covered in this report:
Bayer, GE Healthcare, Bracco Imaging, Guerbet Group, Hengrui Medicine, YRPG, Lantheus, BeiLu Pharma & More.

Segmentation by product type:
Iodine Preparations
Gadolinium Preparations
Others

Segmentation by application:
X-CT
MRI
Others

The contrast agents industry is a quite concentrated market with a few companies dominates the market. Bayer is the dominate producer of contrast agents, the production was 74476 K Dose in 2015, accounting for about 30.67% of the total amount, followed by GE Healthcare, with the production market share of 25.54 %. The top four companies occupied about 79.40 % production share of the market in 2015.

At present, in the foreign industrial developed countries the contrast agents industry is generally at a more advanced level, the world's large enterprises are mainly concentrated in the North America
Europe and Japan, accounted for most of the international market share. Meanwhile, these companies have more advanced equipment, strong R&D capabilities; the technical level is in a leading position.

The emerging markets (such as China, India) have relatively small scales. However, they have much higher market increasing growth than developed countries. They are the main growth areas in the global contrast agents market.

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The sales volume shares of North America, Europe, Japan, China, India and Southeast Asia were 27.91%, 19.65%, 22.52%, 11.07%, 7.35% and 3.52%.

There are mainly two types of contrast agents: iodine preparations type and gadolinium preparations type. Currently, iodine preparations type is the main product and it occupied 81 % share in 2015.

X-CT accounted for the largest market with about 85.10 % market share of the global contrast agents consumption in 2015. Moreover, it is anticipated to grow at a CAGR of 4.92 % from 2016 to 2021. With over 13 % share in the contrast agents market, MRI was the second largest application market in 2015, and is anticipated to grow at a CAGR of 5.71% in terms of consumption volume, from 2016 to 2021.

Under the influence of raw material, market competitions and economic conditions, the price of contrast agents was fluctuant in recent years. Over the next few years, we predict that price will decline. As competition intensifies, prices gap between different brands will go narrowing.

Manufacturing cost structure:
The Contrast Agents Market report also studies the manufacturing cost structure and presents the various details such as raw material, overall production process, and the industry chain structure. Every region key factors are provided which is attracting this market towards growth. The report also elaborates on the opportunities the emerging markets of Asia Pacific and Latin America offer and Globally.

Important Facts About Contrast Agents Market Report:

-This research report reveals Contrast Agents business overview, product overview, market share, supply chain analysis, demand and supply ratio and import/export details.

-The Industry report features different approaches and procedures endorsed by the Contrast Agents market key players to make vital business decisions.

-Contrast Agents market depicts some parameters such as production value, Contrast Agents marketing strategy analysis, Distributors/Traders and effect factors is also mentioned in this Contrast Agents research report.

Key questions answered in the report include:
What will the market growth rate of Contrast Agents market in 2024?
What are the key factors driving the global Contrast Agents market?
Who are the key manufacturers in this market space?
What are the market opportunities, market risk and market overview of the Contrast Agents market?
What are sales, revenue, and price analysis of top manufacturers of this market?
Who are the distributors, traders and dealers of this market?
What are the this market opportunities and threats faced by the vendors in the global Contrast Agents market?

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Reasons for Buying this Report:

1.To gain insightful analyses of the Contrast Agents Industry and have comprehensive understanding of the global market and its commercial landscape

2.Assess the production processes, major issues, and solutions.

3.Market strategies that are being adopted by leading respective organizations

4.The report gives specific analysis for rapidly changing dynamics of this Industry.

5.To understand the future outlook and prospects for the this market with Marketing & Price (Price and Margin, Factors of Price Change, Manufacturers Gross Margin Analysis).

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