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Contrast Medium Market Regional Growth Drivers, Opportunities and Trends 2021-2027| GE, Bayer, Bracco Imaging, Guerbet Group
The global Contrast Medium market size was US$ 5573.3 million in 2020 and it is expected to reach US$ 7564.3 million by the end of 2027, with a CAGR of 4.4% during 2021-2027. Contrast media agents are also known as contrast materials or contrast media. These are generally used for the radiology practices as these have abilities to improve quality or visualization of images inside the body. The images are produced by the x-rays, computed tomography (CT) scans, magnetic resonance (MR) imaging and ultrasound. The growth of the Contrast Media Agents in healthcare market is attributed to the rising prevalence of the chronic diseases in US and Canada and rising developments done by the market players.In an aging society where chronic diseases is a leading factor in the health system, technical advancements are necessary to preserve the quality of life through keeping the affordable prices. Chronic diseases can be defined as medical conditions that lasts for one year or more and requires ongoing medical attention or limit activities of daily living.
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Top Key Players Included in Contrast Medium Market Report: GE, Bayer, Bracco Imaging, Guerbet Group, Hengrui Medicine, Lantheus, YRPG, BeiLu Pharma, Philips, and Siemens
The specialists referred to the repercussions before and after COVID-19 in the Global Contrast Medium Market report. The paper also describes the benefits because of the financial and market growth disadvantages that occurred during the crisis. The Contrast Medium Market has however embraced new tactics and development capabilities to recover. On the regional and worldwide platform, the market has begun attempts to identify alternative financing sources and commercial models.
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Contrast Medium Market segment by Type:
X-ray & CT
MRI
Ultrasound
Contrast Medium Market segment by Application:
Hospitals
Clinics
Geographically, this Contrast Medium market report is segmented into a few key Regions, with production, utilization, revenue (million USD), and market share and growth rate of Global Contrast Medium Market Research Report 2021 Market these regions, covering: North America (the United States, Canada, and Mexico), Europe (Germany, France, UK, Russia, and Italy), Asia-Pacific (China, Japan, Korea, India, and Southeast Asia), South America (Brazil, Argentina, etc.), Middle East & Africa (Saudi Arabia, Egypt, Nigeria, and South Africa) and ROW.
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