Press release
Contrast Media Market was valued at USD 4.14 billion, and it is anticipated to exhibit a Compound Annual Growth Rate (CAGR) of 3.7% throughout the forecast period.
Contrast Media Market Report Scope and Research MethodologyMaximize Market Research Pvt. Ltd., a leading market research company based in Pune, India, is pleased to announce the release of its latest market research report on the Contrast Media Market. The report provides in-depth insights into the global Contrast Media Market, including market size, trends, dynamics, challenges, opportunities, and regional analysis.
Get to Know More About This Market Study: https://www.maximizemarketresearch.com/market-report/global-contrast-media-market/54969/
The report also highlights recent developments in the Contrast Media Market, including notable partnerships and acquisitions in the industry. For instance, in September 2021, GE Healthcare acquired BK Medical to expand its ultrasound offerings into surgical imaging and accelerate precision health development.
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What are Contrast Media Market Dynamics?
Contrast agents are vital chemical components administered to patients before imaging tests to enhance the clarity of diagnostic images. With the increasing prevalence of complex co-morbidities, diagnostic imaging procedures such as ultrasound, X-rays, MRI, and CT scans are becoming more prevalent. The approval of Claris can, a contrast agent for macrocyclic MRI, by the US FDA has further boosted market growth by aiding in preoperative scans and interventional procedures.
The increasing demand for medical imaging due to the rise in cardiac diseases, accidental injuries, and cancer has propelled the growth of the global Contrast Media Market. The need for diagnostic imaging procedures and, consequently, contrast media has surged due to the growing prevalence of chronic diseases worldwide. Manufacturers of contrast media have been investing significantly in research and development to introduce new products and gain approval for new indications.
While contrast agents can be used safely in various diagnostic techniques, they are associated with adverse effects and allergic reactions that may hinder market growth. Although severe reactions are rare, they can range from mild to severe, including diarrhea, stomach cramps, nausea, constipation, and vomiting. These negative reactions could limit the market's growth.
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What is Contrast Media Market Regional Insight?
The North American region led the market in 2022 with a 44% share, driven by established healthcare facilities, access to advanced technology, and increased demand for diagnostic procedures. However, healthcare reforms may impose standards for acceptable use, impacting the number of operations.
The Asia Pacific region is expected to experience significant growth at a CAGR of 4% due to the presence of local and international manufacturers and increased demand for diagnostic procedures.
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What is Contrast Media Market Segmentation?
by Type
Iodinated
Barium-based
Gadolinium-based
Microbubble
by Application
Cardiovascular Disorders
Neurological Disorders
Gastrointestinal Disorders
Cancer
Nephrological Disorders
Musculoskeletal Disorders
Others
by Modality
X-ray/CT
MRI
Ultrasound
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Who are Contrast Media Market Key Players?
1. Bayer AG
2. Bracco Diagnostic Inc.
3. DAIICHI
4. NANOSCAN IMAGING
5. Lantheus Medical Imaging Inc.
6. Taejoon Pharm
7. Magnus Health
8. Spago Nanomedical AB
9. Judasas Expo
10. GE Healthcare
11. Guerbet Group
12. General Electric Company
13. Bracco Diagnostic, Inc.
14. Nano Therapeutics Pvt.
15. iMax
16. Trivitron Healthcare
Table of content for the Contrast Media Market includes:
Contrast Media Market : Research Methodology
Contrast Media Market : Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Contrast Media Market : Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape
Market Size, Share, Size & Forecast by different segment |
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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