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Contrast Media Market size to grow by USD 946.31 million between 2022-2027, Rise in healthcare spending drives market growth, Technavio

Global Contrast Media Market 2023-2027

News provided by

Technavio

Mar 06, 2024, 19:24 ET

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NEW YORK, March 6, 2024 /PRNewswire/ -- The contrast media market is anticipated to grow by USD 946.31 million from 2022 to 2027, accelerating at a CAGR of 3.36%. Rising global healthcare spending and increased medical investments in countries like the US, India, and Brazil, are primary drivers for the growth of the contrast media market. The high expenditure aims to support healthcare infrastructure, meet patient demands, and provide advanced medical care, consequently boosting the adoption of diagnostic imaging with contrast media.

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Technavio has announced its latest market research report titled Global Contrast Media Market 2023-2027
Technavio has announced its latest market research report titled Global Contrast Media Market 2023-2027

This report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.

Download the sample report now

Market Segmentation

  • Modality 
    • X-ray/CT
    • MRI
    • Ultrasound
  • Application 
    • Neurological Disorders
    • Cardiovascular Disorders
    • Cancer
    • Gastrointestinal Disorders
    • Others
  • Geography 
    • North America
    • Europe
    • APAC
    • South America
    • Middle East And Africa

Receive our market sample report now to gain access to detailed analysis on the contrast media market.

Get the sample report now

Key Company

To help businesses improve their market position, the contrast media market provides a detailed analysis of major companies operating in the market.

Beijing Beilu Pharmaceutical Co. Ltd.: The company provides a range of contrast media, including Gadopentetate Dimeglumine Injection. Additionally, the company is actively involved in the advancement of contrast media research and development, as well as the creation of traditional Chinese medicine for anti-anxiety purposes and pharmaceuticals targeting anti-diabetic treatments.

Some of the other companies include:

  • Bayer AG
  • Beijing Beilu Pharmaceutical Co. Ltd.
  • Blue Jet Healthcare Ltd.
  • Bracco Spa
  • Covis Pharma GmbH
  • GE Healthcare Technologies Inc.
  • Guerbet
  • iMAX Diagnostic Imaging Ltd
  • Interpharma Praha as
  • JB Chemicals and Pharmaceuticals Ltd.
  • Jodas Expoim Pvt. Ltd.
  • Lantheus Holdings Inc.
  • Livealth Biopharma Pvt. Ltd.
  • M.Biotech Ltd.
  • Nano Therapeutics Pvt. Ltd.
  • Novalek Pharmaceuticals Pvt Ltd.
  • SANOCHEMIA Pharmazeutika GmbH
  • Spago Nanomedical AB
  • Taejoon Pharm Co. Ltd.
  • Unijules Life Sciences Ltd

Buy the full report now

Analyst Review

The contrast media market experiences consistent growth owing to advancements in medical imaging technologies and an increasing prevalence of chronic diseases necessitating accurate diagnostic procedures. Technological innovations have led to the development of contrast media with improved safety profiles and enhanced imaging capabilities, further driving market expansion. 

Prominent players in the contrast media market continually strive to introduce novel formulations and expand their product portfolios to cater to diverse clinical requirements. Products encompass a range of contrast agents, including iodinated, gadolinium-based, and barium-based solutions, each tailored for specific imaging modalities such as MRI, CT, and X-ray.

The contrast media market is poised for sustained growth driven by continuous technological advancements, expanding applications in interventional procedures, and growing demand for precision medicine. Strategic collaborations, along with emphasis on product innovation and safety, will be instrumental in shaping the market landscape in the foreseeable future.

In conclusion, the contrast media market remains integral to modern medical diagnostics, offering indispensable tools for accurate disease detection and treatment planning. With evolving healthcare needs and advancing imaging technologies, the market is set to witness continued evolution and expansion in the coming years.

Get the sample report now

Related Reports:

Contrast Injectors Market: The contrast injectors market share is expected to increase by USD 578.41 million from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 5%. This report extensively covers market segmentation by product (consumables and contrast injectors) and geography (North America, Europe, Asia, and ROW).

High Pressure Contrast Media Injectors Market: The high pressure contrast media injectors market share should rise by USD 113.21 million from 2022 to 2026 at a CAGR of 12.32%. This report extensively covers market segmentation by end-user (hospitals, diagnostics centers, and ambulatory surgical centers) and geography (North America, Europe, Asia, and ROW).

About US

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio

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