openPR Logo
Press release

Contrast Media Market To Hit a Sales Revenue of US$ 6.5 Billion by 2032 | IMARC Group

02-01-2024 01:21 PM CET | Health & Medicine

Press release from: IMARC Group

Contrast Media Market

Contrast Media Market

IMARC Group, a leading market research company, has recently releases report titled "Contrast Media Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032" The global contrast media market size reached US$ 4.7 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 6.5 Billion by 2032, exhibiting a growth rate (CAGR) of 3.7% during 2024-2032.

Request PDF Sample for more detailed market insights: https://www.imarcgroup.com/contrast-media-market/requestsample

Factors Affecting the Growth of the Contrast Media Industry:

Medical Advancements:

The improvement and refinement of medical imaging technologies, such as computed tomography (CT), magnetic resonance imaging (MRI), and X-ray, are contributing to the increasing use of contrast media. These advancements enable healthcare professionals to obtain clearer and more detailed images, necessitating the use of contrast agents to enhance visibility further. Cutting-edge medical advancements enable the early detection of various medical conditions, including cancer, cardiovascular diseases, and neurological disorders. Contrast media are crucial in providing the contrast needed to identify subtle abnormalities at their earliest stages, aiding in timely intervention and treatment.

Rising Prevalence of Chronic Diseases:

Chronic diseases, such as cardiovascular conditions, cancer, and kidney disorders, often require frequent monitoring and diagnostic imaging. The growing prevalence of these ailments is catalyzing the demand for contrast media as they are essential for enhancing the visibility of affected areas during diagnostic procedures like CT scans and MRI. Detecting chronic diseases in their early stages is crucial for effective management and treatment. Contrast agents help healthcare professionals obtain clearer and more detailed images, enabling the early detection and monitoring of chronic conditions. This results in more timely interventions and improved patient outcomes.

Technological Advancements:

Innovations are leading to the development of more sophisticated imaging modalities, such as high-resolution CT scans, 3D imaging, and advanced MRI techniques. These innovations demand higher-quality contrast media to enhance image clarity and accuracy, thereby propelling the growth of the market. In addition, ongoing research and development (R&D) activities are resulting in the creation of novel contrast media formulations. These agents offer improved safety profiles and enhanced imaging properties, making them more appealing to healthcare providers, which is facilitating the market growth.

Leading Companies Operating in the Global Contrast Media Industry:

Bayer AG
Beijing Beilu Pharmaceuticals Company Limited
Bracco S.p.A.
General Electric Company
Guerbet
iMAX Diagnostic Imaging Limited
J.B. Chemicals & Pharmaceuticals Limited
Jodas Expoim Pvt. Ltd
Lantheus
Nano Therapeutics Pvt Ltd
SANOCHEMIA Pharmazeutika GmbH
TAEJOON PHARM Co. Ltd. 
Trivitron Healthcare

Contrast Media Market Report Segmentation:

By Type:

Iodinated Contrast Media
Gadolinium-based Contrast Media
Microbubble Contrast Media
Barium-based Contrast Media

Iodinated contrast media represent the largest segment due to their widespread use in diagnostic imaging, particularly in CT scans, where their high visibility and relatively low cost make them the preferred choice for many medical professionals.

By Modality:

X-ray/Computed Tomography (CT)
Magnetic Resonance Imaging (MRI)
Ultrasound

X-ray/computed tomography (CT) accounts for the majority of the market share owing to its reliance on the use of contrast media to enhance image quality and accuracy.

By Application:

Radiology
Interventional Radiology
Interventional Cardiology

Interventional cardiology exhibits a clear dominance in the market as it involves a wide range of procedures, including angiography and stent placements, where contrast media are essential for visualizing blood vessels and guiding interventions.

By Route of Administration:

Intravenous/Intrarterial
Oral Route
Rectal Route
Others

Intravenous/intra-arterial holds the biggest market share on account of the rising utilization of intravenous and intra-arterial injections for delivering contrast media during various imaging procedures.

By End User:

Hospital, Clinics and Ambulatory Surgery Centers
Diagnostic Imaging Centers

On the basis of the end user, the market has been classified into hospital, clinics and ambulatory surgery centers and diagnostic imaging centers.

Regional Insights:

North America (United States, Canada)

Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)

Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)

Latin America (Brazil, Mexico, Others)

Middle East and Africa

North America enjoys the leading position in the contrast media market, which can be attributed to its well-established healthcare infrastructure and high prevalence of chronic diseases.

Global Contrast Media Market Trends:

The aging demographic is resulting in a higher incidence of age-related health issues. This demographic shift necessitates more diagnostic imaging, which is bolstering the growth of the market.

Efforts to improve healthcare access in emerging economies are catalyzing the demand for diagnostic procedures that use contrast media.

Other Key Points Covered in the Report:

COVID-19 Impact
Porters Five Forces Analysis
Value Chain Analysis
Strategic Recommendations

Contact US

IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145 | United Kingdom: +44-753-713-2163

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC Group's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Contrast Media Market To Hit a Sales Revenue of US$ 6.5 Billion by 2032 | IMARC Group here

News-ID: 3369562 • Views:

More Releases from IMARC Group

Vietnam Water Treatment Chemicals Market Share, Demand, Industry Growth And Forecast 2024-2032
Vietnam Water Treatment Chemicals Market Share, Demand, Industry Growth And Fore …
IMARC Group's report titled "Vietnam Water Treatment Chemicals Market Report by Type (Coagulants and Flocculants, Corrosion Inhibitors, Scale Inhibitors, Biocides and Disinfectants, Chelating Agents, Anti-Foaming Agents, PH Adjusters and Stabilizers, and Others), End User (Municipal, Power, Oil and Gas, Mining, Chemicals, Food and Beverage, Pulp and Paper, and Others), and Region 2024-2032" Vietnam water treatment chemicals market is projected to exhibit a growth rate (CAGR) of 4.99% during 2024-2032. The Vietnam water
Furniture Market Size, Sales Revenue, Industry Growth, Forecast 2024-2032
Furniture Market Size, Sales Revenue, Industry Growth, Forecast 2024-2032
IMARC Group, a leading market research company, has recently releases report titled "Furniture Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032" The global furniture market size reached US$ 660.5 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 701.7 Billion by 2032. Request For Sample Copy of Report For More Detailed Market insight: https://www.imarcgroup.com/furniture-market/requestsample Factors Affecting the Growth of the Furniture Industry: Rapid Urbanization: Urban areas are leading
Nanofibers Market Size, Share, and Report 2024-2032
Nanofibers Market Size, Share, and Report 2024-2032
According to IMARC Group latest report titled "Nanofibers Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032", offers a comprehensive analysis of the industry, which comprises insights on nanofibers market. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global nanofibers market size reached US$ 1,591.0 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 9,948.5 Million by
Oxygen Concentrator Manufacturing Plant Report 2024: Business Plan, Capital Investments and Expenses
Oxygen Concentrator Manufacturing Plant Report 2024: Business Plan, Capital Inve …
IMARC Group's report, titled "Oxygen Concentrator Manufacturing Plant Project Report 2024: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue," provides a complete roadmap for setting up an oxygen concentrator manufacturing plant. The report covers various aspects, ranging from a broad market overview to intricate details like unit operations, raw material and utility requirements, infrastructure necessities, machinery requirements, manpower needs, packaging and transportation requirements, and more. In addition

All 5 Releases


More Releases for Contrast

Contrast Media/Contrast Agents Market 2022 | Detailed Report
The Contrast Media/Contrast Agents report understands the current and future competitive scenario across types, countries, and applications.It provides accurate, up-to-date analysis of markets and companies.The report use reliable information and analysis to gain a deeper understanding of the current factors impacting the industry. The Contrast Media/Contrast Agents report provides exact and accurate data that helps companies of all sizes to make timely decisions. Furthermore, the report provides robust solutions to customers,
Contrast Media/Contrast Agent Market Professional Analysis, Opportunities and Tr …
Contrast media or contrast agent is used in medical imaging to enhance the image of body parts generated through X-rays, magnetic resonance imaging (MRI), computed tomography (CT), and ultrasound. These substances are momentarily used to change the way imaging tools or x-rays interact with the body. Contrast media or contrast agent help the physicians to diagnose the medical conditions by improving the visibility of blood vessels or tissues and specific
Global Contrast Media/Contrast Agents Market Research Report
This report studies the global Contrast Media/Contrast Agents market status and forecast, categorizes the global Contrast Media/Contrast Agents market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, Asia-Pacific, South America, and Middle East & Africa. In 2017, the global Contrast Media/Contrast Agents market size was xx million US$ and it is expected to reach xx million
Contrast Media/Contrast Agent Market Global Trends And Growth
Contrast media or contrast agent is used in medical imaging to enhance the image of body parts generated through X-rays, magnetic resonance imaging (MRI), computed tomography (CT), and ultrasound. These substances are momentarily used to change the way imaging tools or x-rays interact with the body. Contrast media or contrast agent help the physicians to diagnose the medical conditions by improving the visibility of blood vessels or tissues and specific
Contrast Media/Contrast Agent Market- Global Industry Insights 2017 - 2025
Contrast media or contrast agent is used in medical imaging to enhance the image of body parts generated through X-rays, magnetic resonance imaging (MRI), computed tomography (CT), and ultrasound. These substances are momentarily used to change the way imaging tools or x-rays interact with the body. Contrast media or contrast agent help the physicians to diagnose the medical conditions by improving the visibility of blood vessels or tissues and specific
Contrast Media/Contrast Agent Market: An Overview of Growth Factors
Contrast medium or contrast agent is a substance used in medical imaging to enhance the contrast of fluids or structures inside the body. These help in better imaging of anatomical structures and organs by increasing the image contrast. Hence, these are helpful in diagnostic methods such as CT scan and in some critical surgeries. The global contrast media or contrast agent market is a fairly mature, and is expected to