Contrast Media Market expected to progress at a CAGR of 3.5 percent during the forecast period, Global Trends and Regional Insights

Pune, 21, Feb, 2023: Maximize Market research, a healthcare business research firm has published a report on the "Contrast Media Market". The total market opportunity for Contrast Media was USD 4 Bn in 2021 and is expected to grow at 3.5 percent CAGR through the forecast period to reach USD 5.27 Bn by 2029.

Contrast Media Market Report Scope and Research Methodology

The objective of the report is to describe, define and forecast the global Contrast Media Market based on type, application, modality and region. The report includes major factors including drivers, opportunities, restraints and challenges that are influencing the Contrast Media Market growth. It also includes detailed information on competitive developments such as mergers and acquisitions, agreements, expansions, product launches and R&D activities in the market.

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To estimate the Contrast Media Market size, the bottom-up approach was used. To forecast the market size of segments with respect to five regions namely North America, APAC, Europe, Middle East and Africa and South America is also the main aim of the Contrast Media Market research. The data triangulation and market breakdown procedures were also employed to complete the overall engineering process and arrive at exact statistics for all segments. The report which is a combination of both primary and secondary data includes SWOT analysis and PORTER, PESTLE analysis.

Contrast Media Market Drivers

The Contrast Media Market is primarily driven by the increasing demand for image-guided diagnostics and procedures and the increasing incidence and prevalence of cardiac diseases. The increasing number of diagnostic centers and hospitals are the major drivers for Contrast Media Market growth.

Contrast Media Market Opportunities

One of the primary factors to create growth opportunities during the forecast period is the increasing research on contrast agents. Technological advancements in medical imaging are the primary factor to drive Contrast Media Market growth in the future.

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Contrast Media Market Restraints

There are certain allergic reactions and side effects associated with the use of contrast agents in various diagnostic processes which is expected to restrain Contrast Media Market growth over the forecast period.

Contrast Media Market Challenges

The increasing demand for second-hand ultrasound equipment due to the high cost of ultrasound technology and financial limitations experienced by small healthcare providers are the major challenges for the Contrast Media Market growth.

Contrast Media Market Regional Insights

In 2021, the Contrast Media Market in the North American region dominated the global market with a 44 percent share and it is expected to retain its dominance during the forecast period. The market growth is mainly driven by government investments in the field of imaging and the increasing volume of MRI and CT examinations.

The market in the Asia Pacific region is expected to grow rapidly at a CAGR of 4 percent during the forecast period. During the forecast period, Japan is expected to hold the largest share of the regional market. The market growth in the region is mainly attributed to the presence of established local as well as foreign manufacturers.

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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

Based on Type, in 2021, the iodinated contrast media category dominated the Contrast Media Market with the largest share of 66.61 percent. This growth is mainly attributed mainly to the availability of non-ionic stable iodinated agents for enhanced diagnosis. During the forecast period, the microbubble segment is expected to grow at a rapid rate. Based on Modality, in 2021, the X-ray/CT segment held with 69.53 percent of the market. This segment grew mainly due to the widespread use of X-rays and CT for several disorders

Contrast Media Market Key Competitors include:

Bayer AG
Bracco Diagnostic Inc.
DAIICHI
NANOSCAN IMAGING
Lantheus Medical Imaging Inc.
Taejoon Pharm
Magnus Health
Spago Nanomedical AB
Judasas Expo
GE Healthcare
Guerbet Group
General Electric Company
Bracco Diagnostic, Inc.
Nano Therapeutics Pvt.
iMax
Trivitron Healthcare

Table of Content for Contrast Media Market

Global Contrast Media Market: Research Methodology

Global Contrast Media Market: Executive Summary
Market Overview and Definitions
Introduction to Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry

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Global 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

Global Contrast Media Market Segmentation
Global Market, by Type (2021-2029)
Global Market, by Application (2021-2029)
Global Market, by Modality (2021-2029)

Regional Contrast Media Market (2021-2029)
Regional Market, by Type (2021-2029)
Regional Market, by Application (2021-2029)
Regional Market, by Modality (2021-2029)
Regional Market, by Country (2021-2029)

Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments

Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Type, Application, Modality and Region
Competitive Landscape - Profiles of selected key players by region in 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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