Published: Aug, 2018

The demand within the global contrast media injectors market has witnessed an upsurge on account of advancements in the field of radiology, estimates Transparency Market Research (TMR). The market players in the global market for contrast media injectors have been on the lookout for effective marketing strategies that can help them in attracting a larger consumer base. It is expected that the global market for contrast media injectors would undergo successive fragmentation as new and emerging players establish their strongholds in the market.

The leading players in the global market for contrast media injectors have successfully acquired a few smaller players over the past decade. These key market players are projected to continue with their strategy of dominance through acquisition as challenges for the smaller players multiply. Furthermore, the global market is projected to witness a series of mergers in the coming years as the market players open their doors to collaborations and partnerships. The sustenance of new players in the global market for contrast media injectors is severely challenged by the strategic alliances formed by the leading market players. Some of the key players in the global market for contrast media injectors are Mallinckrodt Pharmaceuticals, Bracco Imaging S.p.A., Medtron AG, Nemoto Kyorindo, and VIVID IMAGING.

The global contrast media injectors market is expected to expand at a moderate CAGR of 5.0% over the period between 2014 and 2020. Furthermore, the market value is projected to be worth USD 886.7million in 2020 as against a value of USD 630.1 million in 2013. Based on geography, the market for contrast media injectors in North America is expected to outdo all other geographical segments.

Need for CT Scans and MRIs to Propel Demand

The medical imaging of important medical scans such as MRI, CT/PET, and ultrasounds is enhanced with the help of contrast media injectors. This has become a key driver of demand within the global market for contrast media injectors and is expected to fetch greater demand over the forthcoming years. Medical practitioners have been on a quest to reduce medical errors by fostering precision, accuracy, and meticulousness during diagnosis and treatment of diseases. This has necessitated the use of contrast media injectors that help in getting a clearer and more distinct view of the internal body organs. Owing to this factor, the global market for contrast media injectors is projected to experience a regular inflow of demand over the coming years. However, the reluctance of the masses towards the use of contrast media injectors could act as a roadblock to market growth.

Medical Tourism Bodes Well for Regional Markets

The medical industry of several emerging economies such as India and China has become accustomed to the use of contrast media injectors in recent times. This has created demand within the market for media injectors in Asia Pacific and has given an impetus to the growth of the regional vendors. Furthermore, the market for media injectors in North America has also witnessed boisterous growth over the past decade, majorly due to the advanced facilities for medical imaging available across the US and Canada.

The review is based on TMR’s report titled “Contrast Media Injectors Market (Product Type: CT, MR, and Vascular Injectors; Application: Oncology, Cardiology, and Neurology) Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 – 2020”.

The report segments the globa contrast media injectors market as:

Contrast Media Injectors Market, by Type

  • MR injectors
  • CT injectors
  • Vascular injectors
  • Others 

 Contrast Media Injectors Market, by Application

  • Neurology
  • Cardiology
  • Oncology 
  • Others 

Major geographies analyzed under this research report are:

  • Europe
  • North America 
  • Asia-Pacific 
  • Rest of the World 

About Us

Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.

Contact Us

Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com 
Website: https://www.transparencymarketresearch.com 

.