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Increasing Cancer And Cardiovascular Disease Incidences Contrast Media Injectors Market Expands Amidst Driving Market Acceleration in the Contrast Media Injectors Industry, 2025
Contrast Media Injectors Market
How Large Will the Contrast Media Injectors Market Size By 2025?
Over recent years, the contrast media injectors market has experienced significant growth. The market size is projected to increase from $1.68 billion in 2024 to $1.77 billion in 2025, with a Compound Annual Growth Rate (CAGR) of 5.7%. Factors explaining this historical growth include the rising prevalence of chronic illnesses, an increase in diagnostic imaging procedures, a growing demand for minimally invasive procedures, the expansion of healthcare infrastructure, and an aging population.
How Big Is the Contrast Media Injectors Market Size Expected to Grow by 2029?
In the forthcoming years, the market size of contrast media injectors is anticipated to experience robust growth, potentially reaching $2.49 billion by 2029 with an 8.9% compound annual growth rate. Several factors are assumed to drive this growth during the forecast period; these include the increasing number of interventional radiology procedures, the growing incidence of cancer, a strong focus on patient safety and comfort, the globalization of healthcare services, and regulatory support and approval. Noteworthy trends in the forecast period consist of automation and enhanced connectivity, the introduction of dual-head injectors, technological advancements in injectors, prioritizing patient safety, augmentation in interventional radiology procedures, and the improvement of imaging techniques and modalities.
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Which Key Market Drivers Powering Contrast Media Injectors Market Expansion and Growth?
The rise of cancer and cardiovascular disease (CVD) is projected to spur the expansion of the contrast media injectors market. Cancer is a health issue that stems from uncontrollable and invasive growth of body cells. On the other hand, cardiovascular disease generally impacts the heart or blood vessels. Contrast media injectors are utilized during diagnostic imaging for the purpose of enhancing image quality, promoting patient safety, and boosting blood flow and tissue perfusion. As an example, the American Cancer Society reported in January 2023 that cancer cases escalated from 1,898,160 in 2021 to 1,958,310 in 2023, signifying a 3.16% increase. Consequently, the rising incidences of cancer and cardiovascular disease (CVD) are propelling the development of the contrast media injectors market.
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What Are the Key Trends Driving Contrast Media Injectors Market Growth?
Strategic alliances are becoming a prevalent trend in the contrast media injectors market. Prominent companies in this market are establishing partnerships to create a new form of relationship that involves two or more entities with similar product development. For example, in December 2022, Qaelum NV, an enterprise known for its advanced dose and contrast management software solutions based in Belgium, formed a collaboration with Ulrich GmbH & Company KG, a company in France that manufactures and distributes surgical instruments. The objective of this partnership is to merge their sophisticated contrast management solution with Ulrich Medical's contrast media injectors to cater to the requirements of hospitals and imaging networks.
What Are the Emerging Segments in the Contrast Media Injectors Market?
The contrast media injectors market covered in this report is segmented -
1) By Product: Consumables, Injector Systems, Accessories
2) By Type of Injectors: Single Head Injectors, Dual-Head Injectors, Syringe less Injectors
3) By Application: Radiology, Interventional Cardiology, Interventional Radiology
4) By End-user: Hospitals, Diagnostics Centers, Ambulatory Surgery Centers
Subsegments:
1) By Consumables: Syringes, Tubing, Other Consumables
2) By Injector Systems: CT Injectors, MRI Injectors, Angiography Injectors
3) By Accessories: Injector Heads, Software
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Who Are the Global Leaders in the Contrast Media Injectors Market?
Major companies operating in the contrast media injectors market include The Bracco Group, Bayer AG, Medtron AG, Ulrich GmbH And Co. KG, General Electric Company, Nemoto Kyorindo Co. Ltd., Guerbet Group, Sino Medical-Device Technology Co. Ltd, Apollo RT Co.Ltd, Shenzhen Anke High-tech Co. Ltd, Vivid Imaging, AngioDynamics. Inc., Medrad Inc., TaeWoong Medical Co. Ltd., Medtronic Plc, ACIST Medical Systems, Boston Scientific Corporation, Mallinckrodt Pharmaceuticals, Lantheus Medical Imaging Inc., Imaxeon Pty Ltd.
Which are the Top Profitable Regional Markets for the Contrast Media Injectors Industry?
North America was the largest region in the contrast media injectors market in 2024.Asia-Pacific is expected to be the fastest-growing region in the global contrast media injectors market report during the forecast period. The regions covered in the contrast media injectors market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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