Vision Research Report, Recently Announced New Report on “contrast media injectors market – Global Industry Analysis, Market Size, Share, Growth, Trends, Region Outlook, And Segment Forecasts, 2021 – 2030″.
Global “Contrast media injectors market” Report 2021 covering manufacturers, regions, segments, forecast to 2030 is that the recent research report with correct information and extremely authentic info. The report provides insights on market share, market size, rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, and distributors. The Contrast media injectors research report focuses on the competitive surroundings that has section on company profile covering product specifications, geographical coverage, recent developments, revenue analysis, and market shares. what is more, the report offers strategic recommendations so as to help the consumers to align business goals.
The Contrast media injectors market revenue share is set to grow at a yearly rate of 15.8% during 2021-2030, while its valuation is Projected to jump from $ 982.1 million in 2020 to $4.4 billion in 2030.
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Report Highlights
the CT injector systems segment was the largest revenue-generating segment of the market due to the widespread application of these systems in cancer surgery, neurosurgery, cardiovascular surgery, and spinal procedures. In addition, the high adoption of minimally invasive surgeries is expected to boost the market.
Also, the rising prevalence of chronic diseases, including cancer, neurological disorders, and arthritis, is expected to propel the demand for this product segment. According to WHO, cancer is the second largest cause of death, and around 14.0 million new cases of cancer were diagnosed worldwide in 2012.
The MRI injector systems segment is expected to exhibit the highest growth over the study period owing to technological advancements, such as 3D isotropic imaging, high efficiency in tumor detection, higher quality visualization, and exquisite quality imaging. For instance, in November 2016, Ulrich GmbH & Co. KG announced the launch of its Max 2M and Max 3 innovative syringeless MRI injectors that provide more flexibility, accuracy, and require less time.
Manufacturers are focusing on the launch of innovative products to cater to the unmet requirements of radiologists and surgeons. Innovative technologies, such as IT-enabled solutions for duel-head, syringeless, and automated injectors, provide high accuracy, efficacy, and image quality during disease diagnosis and surgery.
the single head injectors segment accounted for the largest revenue share of the contrast media injectors market because it is most widely used for angiography, CT, and MRI. In addition, the low price of these products as compared to other systems is expected to drive demand in emerging economies, such as China, India, and Brazil. In addition, the launch of new products is expected to boost this segment. For instance, in February 2016, Guerbet received FDA approval for the OptiOne Single-Head Contrast Delivery System, a CT contrast media injector for injection of radiopaque contrast media during CT scan.
The syringeless injectors segment is expected to grow with the highest CAGR during the forecast period owing to its advantages, such as user-friendliness, high efficiency, and minimum wastage of contrast media. Several leading players are focusing on the development and launching of syringeless injectors, which is projected to drive the growth of the segment.
Availability of well-established healthcare infrastructure and high healthcare expenditure in developed countries, including the U.S., Japan, France, Germany, and the U.K., is expected to boost the market. According to the Centers for Medicare & Medicaid Services, U.S. healthcare expenditure was around USD 3.2 trillion in 2015 and accounted for approximately 17.8% of the gross domestic product. These factors are expected to support market growth.
The radiology segment held the largest share in the market because it is primary for the diagnosis of various diseases, including heart conditions, breast cancer, colon cancer, broken bones, gastrointestinal conditions, and blood clots. In addition, this segment is projected to grow at a lucrative rate owing to a rise in demand for non-invasive medical imaging techniques.
U.S., Japan, Germany, UK, and France are estimated to account for the maximum usage of contrast media injectors. Rise in the burden of several chronic diseases, growing investments by governments to improve healthcare infrastructure, and the availability of expert radiologists in these countries is projected to contribute toward growth.
The interventional cardiology segment is projected to grow at the fastest rate during the forecast period owing to a rise in the prevalence of cardiac diseases, including arrhythmia, heart valve problems, stroke, and heart attack. Rise in the prevalence of cardiac diseases has led to an increase in demand for interventional cardiac surgery for diagnosis and treatment.
Technological advancements have also boosted the growth of the segment. For instance, in June 2012, Bayer HealthCare LLC launched a new angiography injector, Mark 7 Arterion Injection System for angiography procedures. Also, the escalating popularity of these products in emerging economies such as China, South Africa, India, Brazil, and Mexico is expected to boost growth.
Hospitals held the highest market share owing to increasing admissions of patients suffering from cancer, neurological disorders, and cardiovascular diseases. According to CDC, in 2014, around 1,150 thousand patient suffering from heart disease including ischemic visited emergency department of hospital in the U.S.
Hospitals are primary users of the contrast media injectors because of its wide range of applications in radiology, interventional radiology, and interventional cardiology. Thus, this segment dominated the market in 2016, owing to the high patient turnaround and frequent readmissions. Furthermore, increasing focus on the development of healthcare infrastructure in developing countries in the Asia Pacific and African regions is expected to propel growth of the segment.
Diagnostic centers segment is expected to witness significant growth during the forecast period owing to increasing cognizance about chronic diseases including cancer, neurological diseases, and neurodegenerative disorders. Growing awareness among people results in increased demand for CT and MRI procedures that are used for diagnosis, treatment planning, and prevention of such chronic disorders.
North America dominated the market with the largest revenue share because of the highly developed healthcare facilities. Also, accessibility to expert radiologist and surgeons in this region have fueled growth. Europe region held significant revenue share due to the local presence of several leading companies, such as Bracco Group; Guerbet Group; Bayer HealthCare LLC; ulrich GmbH & Co. KG; and Medtron AG.
Furthermore, the availability of advanced IT-enabled solutions for data management, that provide data to analyze imaging optimization, workflow efficiencies, and patient safety. For instance, Bayer HealthCare LLC offers the Radimetrics Enterprise Platform which can be integrated with Medrad MRXperion MR Injection System.
Asia Pacific region is estimated to show highest CAGR during the forecast period owing to developing healthcare infrastructure in Asian countries including China, India, and Indonesia. Furthermore, the growing prevalence of some chronic diseases, such as cancer, orthopedic diseases, epilepsy, and Alzheimer’s disease, is projected drive growth.
Global Contrast media injectors market report provides key statistics on the state of the trade and could be a valuable supply of steerage and direction for corporations and people curious about the market. The Contrast media injectors trade trends and promoting channels analysed. Contrast media injectors Market discovers numerous topics like regional market scope, product market numerous applications, market size consistent with specific product, sales and revenue by region, producing analysis, Industrial Chain, Market result Factors Analysis, market size forecast, and more. Finally, the practicableness of latest investment comes is evaluated and overall analysis conclusions offered.
Key Players
Bracco Group; Guerbet Group; Medtron AG; Bayer HealthCare LLC; ulrich GmbH & Co. KG; Nemoto Kyorindo Co., Ltd.; GE Healthcare; VIVID IMAGING; Sino Medical-Device Technology Co., Ltd.; and APOLLO RT Co. Ltd.,
Market Segmentation
Global Contrast media injectors Market: Drivers and Restrains
The analysis report has incorporated the analysis of various factors that augment the market’s growth. It constitutes trends, restraints, and drivers that remodel the market in either a positive or negative manner. This section additionally provides the scope of various segments and applications that may probably influence the market within the future. The elaborated info is predicated on current trends and historic milestones. This section additionally provides an analysis of the amount of production regarding the world market and regarding every kind from 2021-2030.
COVID-19 impact on the Contrast media injectors market
COVID-19 is associate communicable disease caused by the novel coronavirus. for the most part unknown before this happening across the world, COVID-19 has captive from a regional crisis to a worldwide pandemic in precisely a matter of a number of weeks. the world Health Organization (WHO) declared COVID-19 as an epidemic on March 11, 2021.
COVID-19 has compact most the industries across the world by disrupting provide chains and impeding numerous industrial operations. COVID-19-responsive measures undertaken by governments, like lockdown and social distancing, led to the closure of producing plants in the initial stage of the pandemic. With only a few industrial operations allowed, the demand for numerous input product within the industrial sector has declined considerably.
Key Highlights Involved in the Market Research Report: –
Contrast media injectors Market Study Coverage: It includes key market segments, key makers covered, the scope of product offered within the years thought of, world Contrast media injectors Market and study objectives. in addition, it touches the segmentation study provided within the report on the idea of the sort of product and applications.
Contrast media injectors Market executive Summary: This section emphasizes the key studies, market rate, competitive landscape, market drivers, trends, and problems additionally to the gross indicators.
Contrast media injectors Market Production by Region: The report delivers knowledge associated with import and export, revenue, production, and key players of all regional markets studied area unit coated during this section.
Contrast media injectors Market Profile of Manufacturers: Analysis of every market player profiled is elaborated during this section. This section conjointly provides SWOT analysis, products, production, value, capacity, and different very important factors of the individual player.
The report delivers a comprehensive study of all the segments and shares info concerning the leading regions within the market. This report additionally states import/export consumption, offer and demand Figures, cost, business share, policy, price, revenue, and gross margins.
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