Contrast Media Agents Market Overview, Growth And Forecast By 2028

Precision Business Insights published a research report on "Contrast Media Market: By Product Type (Gadolinium-based contrast media, Iodinated contrast media, Barium-based contrast media, Microbubble contrast media), Imaging Technique (Ultrasound techniques, X-ray, Magnetic resonance imaging (MRI), Computerized tomography (CT), Others), Route Of Administration (Oral contrast media, Rectal contrast media, Injectable contrast media, Urethral contrast media), Indication (Oncology, Neurological disorders, Cardiovascular disorders, Gastrointestinal disorders, Musculoskeletal disorders, Others), Application (Interventional Cardiology, Interventional radiology, Radiology), By End User (Hospitals, Clinics, Diagnostic Centres, Others) - Global/Region/Country Forecast to 2028"

In medical imaging, contrast media or contrast agent is used to enhance the image of body parts produced by X-rays, magnetic resonance imaging (MRI), computed tomography (CT), and ultrasound. These compounds are temporarily used to alter the interaction of imaging instruments or x-rays with the body. By enhancing the visibility of blood arteries, tissues, and specific organs, contrast medium or contrast agent aids clinicians in diagnosing medical disorders. Prior to an imaging scan, these compounds are injected into the body to help identify certain structures or tissues of interest from the surrounding tissue. Enema (rectally), orally, urethrally, or by injecting contrast media or contrast agent into the body are the four ways in which contrast media or contrast agent can be supplied into the body.

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Owing to the technological developments in contrast agents, an increase in the installed base of CTs and MRIs, and an increase in the prevalence of chronic disease around the world, the global market is growing at a faster rate. A contrast agent/media is a material used in medical imaging to improve the contrast of body fluids and structures. X-ray, CT scan, angiography, as well as ultrasound imaging all use these chemicals.
Iodine-based chemicals, barium sulfate-based compounds, and gadolinium-based compounds are the three main forms of contrast agents. Contrast media injectors are used to inject these substances through various routes of administration. The global contrast media market is booming, and it's predicted to keep growing at a stable CAGR from 2018 to 2026. During the forecast period, the global contrast media market is expected to grow due to an increase in the number of imaging devices such as CT and MRIs being installed, a rise in the prevalence of cancer and cardiovascular diseases, and an increase in awareness about pre-diagnosis of diseases like cancer and other cardiovascular diseases. Other factors predicted to boost the global market throughout the forecast period include increased awareness of sick diseases and increased health-care spending.

The Contrast Media market is fragmented on the basis of Type, which is further divided into Gadolinium-based Contrast Media, Iodinated Contrast Media, Microbubble Contrast Media and Barium-based Contrast Media. On the basis of Procedure, the market is categorized into Magnetic Resonance Imaging (MRI), X-ray/Computed Tomography (CT), and Ultrasound. On the basis of Indication, the market is segregated into Oncology, Cardiovascular Disease, Gastrointestinal Disorders, Neurological Disorders and Other Indications.

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There are several industry players working in the Contrast Media Market, which include GE Healthcare (U.S.) Bayer AG (Germany) Guerbet Group (France) Daiichi Sankyo (Japan) Bracco Imaging S.p.A. (Italy) Medtronic plc. (Ireland) Spago Nanomedical AB (Sweden) nanoPet Pharma GmbH (Germany) Lantheus Medical Imaging Inc. (U.S.)

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