Rising incidences of heart disease and cancer, development of medical industry through research and development, and modern lifestyle are some of the factors that are expected to drive the market growth over the period. forecast.
JERSEY CITY, NJ, February 3, 2022 /PRNewswire/ — Verified Market Research recently released a report, “contrast medium injector market“By product (consumables, injection systems and accessories), by application (radiology, interventional radiology and interventional cardiology), by end user (hospitals and diagnostic imaging centers). According to verified market research, the global market for contrast medium injectors height was assessed at $1.56 billion in 2020 and is expected to reach $2.82 billion by 2028, growing at a CAGR of 7.58% from 2021 to 2028.
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Overview of the global contrast medium injector market
Major factors attributed to the growth of the contrast injector market are growing demand for minimally invasive surgeries, and technological advancements are contributing to the growth of the market along with increasing number of regulatory approvals. Rising incidences of heart disease and cancer, development of medical industry through research and development, and modern lifestyle are significant factors driving the market. Contrast material injectors are substances injected into a person’s body during imaging procedures to ensure patient safety and to obtain a clear image. There is a significant increase in cases of cardiovascular disease and cancer. Modern lifestyle and eating habits are expected to aggravate ailments and can also lead to these diseases. It can act as an engine for the market.
In addition, there is a considerable increase in investments and subsidies to carry out research in order to bring innovations to the existing product. The solutions currently available are very safe and more effective than the solutions that existed a few years ago and which needed to be further developed. Regulatory agencies have approved various new injector agents. These factors are expected to act as growth drivers for this market. However, the high cost of contrast medium injectors, associated costs, and lack of trained professionals are expected to restrain the market growth.
February 2019:bayer(Germany) launched the Medrad Centargo CT injection system for the CT injection segment.
July 2018: Guerbet, world specialist in contrast agents and solutions for diagnostic and interventional medical imaging, announced the signing of an exclusive joint development agreement to develop an artificial intelligence (AI) software solution in collaboration with IBM Watson Health to support the diagnosis of liver cancer, using CT and MRI imaging and care.
Major market players include Bayer AG, Bracco Imaging SpA, Guerbet Group, Shenzhen Anke High-Tech Co. Ltd., Nemoto Kyorindo Co. Ltd., Sino Medical Device Technology Co. Ltd., Apollo RT Co. Ltd., Shenzhen Seacrown Electromechanical Co. Ltd., Ulrich GmbH & Co. and Medtron AG.
Verified Market Research has segmented the global contrast injector market on the basis of product, application, end-user, and geography.
Contrast Media Injector Market, By Product
Contrast Media Injector Market, By Application
Contrast Media Injector Market, By End User
Contrast Injectors Market by Geography
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