The Contrast Media Global Market Report 2023 by The Business Research Company, provides contrast media market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-yearforecast period – 2023-2032.
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According to The Business Research Company’s Contrast Media Global Market Report 2023, the market size is expected to grow from $4.35 billion in 2022 to $4.56 billion in 2023 at a compound annual growth rate (CAGR) of 4.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global contrast media is expected to grow to $5.34 billion in 2027 at a CAGR of 4%.
The increase in prevalence of long-term diseases and complex comorbidities is expected to propel the growth of the contrast media market going forward. Comorbidity refers to the presence of many diseases in one person at the same time. Contrast medium (CM) is a procedure used in imaging to emphasize the distinctions between human tissues in pictures. The optimal contrast medium produces extremely high concentrations in the tissues while causing no side effects, thus increasing the demand.
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The contrast media market is segmented:
1) By Type: Barium-Based Contrast Media, Iodinated Contrast Media, Gadolinium-Based Contrast Media, Microbubble Contrast Media
2) By Route of Administration: Intravascular Route, Oral Route, Rectal Route, Other Route of Administration
3) By Modality: X-Ray or CT, MRI, Ultrasound
4) By Indication: Cardiovascular Disease, Oncology, Gastrointestinal Disorders, Neurological Disorders, Other Indications
5) By End User: Hospitals, Clinics
Top Major Players
Bayer AG, GE Healthcare,
Guerbet Group,
Lantheus Medical Imaging Inc.,
Unijules Life Sciences Ltd.,
JB. Chemicals and Pharmaceuticals Ltd.
Technological advancement is a key trend gaining popularity in the contrast media market. Major companies operating in the contrast media market are focused on developing new technological solutions to strengthen their position. For instance, in June 2022, Bayer, a Germany-based company operating in contrast media launched Calantic™ Digital Solutions, a new platform delivering access to digital applications, including artificial intelligence (AI) enabled programs for medical imaging. This aid radiologists and their teams in developing lesion detection, prioritization, quantification, and productivity. The new platform will support healthcare professionals at all stages of their work, from diagnosis to treat their patients.
The contrast media market report table of contents includes:
- Executive Summary
- Contrast Media Market Characteristics
- Contrast Media Market Trends And Strategies
- Contrast Media Market – Macro Economic Scenario
- Contrast Media Market Size And Growth
- Contrast Media Market Segmentation
- Contrast Media Market Regional And Country Analysis
……………..
- Key Mergers And Acquisitions In The Contrast Media Market
- Contrast Media Market Future Outlook and Potential Analysis
- Appendix
List Of Tables :
Table 1: Global Historic Market Growth, 2017-2022, $ Billion
Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
Table 3: Global Contrast Media Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 4: Global Contrast Media Market, Segmentation By Route of Administration, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 5: Global Contrast Media Market, Segmentation By Modality, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
………………..
Table 1: Global Historic Market Growth, 2017-2022, $ Billion
Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
Table 3: Global Contrast Media Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 4: Global Contrast Media Market, Segmentation By Route of Administration, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 5: Global Contrast Media Market, Segmentation By Modality, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
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