Le Lézard
Classified in: Health
Subject: SVY

Contrast Media Market Size, Share & Trends Analysis Report By Product Type, By Application, By Modality And Segment Forecasts, 2020 - 2027


NEW YORK, Feb. 27, 2020 /PRNewswire/ --

Contrast Media Market Size, Share & Trends Analysis Report By Product Type (Iodinated, Gadolinium-based), By Application (Neurological, Cancer, CVDs), By Modality (MRI, X-ray/CT), And Segment Forecasts, 2020 - 2027

Read the full report: https://www.reportlinker.com/p05867084/?utm_source=PRN

The global contrast media market size is expected to reach USD 6.9 billion by 2027, exhibiting a CAGR of 3.6% during the forecast period. Increasing burden of chronic diseases is driving the demand for diagnostic imaging procedures which are anticipated to fuel the contrast agents market growth.

The imaging tests such as Computed Tomography (CT), Magnetic Resonance Imaging (MRI), and x-rays have become an inevitable part of diagnosis for most of the diseases.The large-scale penetration of imaging technology in healthcare has increased the demand for contrast media.

Newer contrast agents are constantly being discovered and investigated. Also, the safety of contrast agents for clinical use is under strict scrutiny.

The rapid rise in the use of medical imaging during the last few decades has resulted in a substantial increase in the use of radiologic contrast media. Half of the around 76.0 million computed tomographic and 34.0 million magnetic resonance imaging examinations performed annually include the use of intravenous contrast agents.

Diagnostic imaging modalities are being increasingly used owing to advancements in the underlying technology, ranging from equipment to administration technology.Innovative products such as syringeless injectors help achieve greater accuracy in delivering the right dose of contrast agents as well as reduce wastage.

These injectors enable shorter examination time, leading to increased patient throughput. In 2016, the first syringeless injector was launched by Bracco Diagnostics in U.S.for multi-patient use to increase the number of scans performed in a day.

Further key findings from the report suggest:
? Iodinated contrast media was the largest segment in 2019 and is anticipated to remain dominant over the forecast period as the products have excellent radio-opacity and low toxicity
? X-ray/ CT was the largest modality segment in 2019, in terms of revenue share, owing to wide acceptance and cost-efficiency of the techniques
? Cardiovascular diseases is projected to witness the fastest growth over the forecast period due to label extensions for ultrasound and X-ray/ CT contrast agents in U.S. For instance, in 2016, the U.S. FDA approved Lumason for use in liver ultrasonography
? North America dominated the contrast media/contrast agents market with the largest revenue share of 44.3% in 2019 owing to the presence of well-established healthcare infrastructure and availability of advanced technology
? Some of the key players operating in the market are Bayer AG; General Electric Company; Guerbet; Lantheus Medical Imaging, Inc.; Bracco Diagnostic, Inc.; Trivitron Healthcare; nano Therapeutics Pvt. Ltd.; and iMAX

Read the full report: https://www.reportlinker.com/p05867084/?utm_source=PRN

About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.

__________________________
Contact Clare: clare@reportlinker.com
US: (339)-368-6001
Intl: +1 339-368-6001

SOURCE Reportlinker


These press releases may also interest you

at 05:00
Bioreactors, Chromatography Based Separation & Purification, Filtration, Centrifugation, Analytical Chromatography, Spectrophotometry, Automation & Industrial Process Control, Sensors & Probes, Analysers, Samplers, Services, Bioprocess Optimization...

at 05:00
Driven by expanded access to and uptake of disease-modifying therapies (DMTs) to treat advanced stages of relapsing multiple sclerosis (MS), the MS market in Europe shows signs of continued expansion of the number of patients treated with DMTs....

at 05:00
Amid the COVID-19 crisis and shortage of face masks and personal protective equipment, student housing community Auden Albany has announced that it will be donating 1,000 facemasks to SUNY Albany to support its program that gets new personal...

at 05:00
T1 Payments, a leader in high-risk merchant processing, is donating to SafeNest to assist in providing support to shelter residents, and anyone who may be experiencing safety issues at home during this time of uncertainty. SafeNest's shelter and 24/7...

at 04:40
The "Global Biopharmaceutical CMO Market - Analysis By Product Type (Microbial, Others), (2020 Edition): Opportunities and Forecast (2020-2025) - By Region (N. America, Europe, APAC), By Country (US, Germany, Switzerland, Denmark, China, Japan, South...

at 04:35
ICON plc, a global provider of drug development and commercialisation services to the pharmaceutical, biotechnology and medical device industries, has won awards across multiple categories in the annual CRO Leadership Awards. This is the fourth...



News published on 27 february 2020 at 11:00 and distributed by: