Dublin, Oct. 10, 2023 (GLOBE NEWSWIRE) -- The "Contrast Media Injectors Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028" report has been added to ResearchAndMarkets.com's offering.
The global contrast media injectors market size reached US$ 1.6 Billion in 2022. Looking forward, the publisher expects the market to reach US$ 2.3 Billion by 2028, exhibiting a growth rate (CAGR) of 5.81% during 2023-2028
North America stands out as the largest market for contrast media injectors, primarily due to several key factors driving its growth. The region benefits from a significant increase in healthcare expenditure, highlighting the importance placed on healthcare services. There's also a growing demand for efficient and effective diagnostic procedures in North America, driven by the increasing prevalence of chronic diseases.
Moreover, the rising demand for minimally invasive (MI) procedures is a key contributor to market growth, as contrast media injectors play a vital role in enhancing the effectiveness of such procedures. The increasing number of diagnostic imaging procedures further solidifies North America's position as a prominent market for these injectors.
In essence, contrast media injectors are crucial devices in the field of medical imaging, used to improve the visibility of blood vessels, organs, and tissues during diagnostic processes. These devices consist of various components, including a syringe or reservoir for contrast media, an injector system, and a control console. They are employed by healthcare professionals, such as radiologists and technicians, to precisely and uniformly deliver contrast agents, ultimately resulting in clearer and more accurate diagnostic images.
By controlling the rate and volume of injection, contrast media injectors ensure the optimal distribution of contrast media, enhancing diagnostic quality and aiding in the identification of abnormalities or diseases. These devices offer multiple advantages, including improved image clarity, reduced need for rescans, and enhanced patient safety through controlled dosage administration. Compared to manual injections, they provide consistent injection rates, minimizing the risk of human error.
The report also offers an extensive analysis of the competitive landscape within the global contrast media injectors market. This analysis includes key aspects such as market structure, market share among major players, player positioning, successful strategies, a competitive dashboard, and a company evaluation quadrant, providing valuable insights for stakeholders in the market.
Contrast Media Injectors Market Trends:
The global contrast media injectors market is experiencing robust growth driven by various factors. Firstly, the prevalence of chronic diseases is on the rise, leading to an increased demand for diagnostic imaging procedures. This heightened need for medical imaging, in turn, fuels the demand for contrast media injectors.
Additionally, there is a growing preference for minimally invasive procedures in healthcare, where contrast media injectors play a vital role in enhancing their effectiveness. Technological advancements in this field are also significant contributors to market growth, with innovative products like smart injectors and dual-head injectors expanding the product portfolio.
Moreover, the world's aging population is a key driver, as elderly individuals are more likely to require diagnostic imaging and related procedures. Increasing healthcare expenditure worldwide supports the adoption of advanced medical technologies, including contrast media injectors.
Favorable reimbursement policies make these procedures more accessible to patients. The use of contrast media injectors is expanding into veterinary medicine, opening up new market opportunities. The focus on early disease diagnosis and treatment is propelling the demand for diagnostic procedures, where contrast media injectors are essential.
Furthermore, rapid advancements in imaging technologies are increasing the effectiveness and accuracy of diagnostic procedures, further fueling the demand for contrast media injectors. The increasing number of regulatory approvals for contrast agents and the overall growth of the healthcare industry are additional factors contributing to the market's positive outlook and growth prospects.
Key Questions Answered in This Report
- What was the size of the global contrast media injectors market in 2022?
- What is the expected growth rate of the global contrast media injectors market during 2023-2028?
- What has been the impact of COVID-19 on the global contrast media injectors market?
- What are the key factors driving the global contrast media injectors market?
- What is the breakup of the global contrast media injectors market based on the product type?
- What is the breakup of the global contrast media injectors market based on the injectors type?
- What is the breakup of the global contrast media injectors market based on the application?
- What is the breakup of the global contrast media injectors market based on the end user?
- What are the key regions in the global contrast media injectors market?
- Who are the key players/companies in the global contrast media injectors market?
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 146 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value (USD) in 2022 | $1.6 Billion |
| Forecasted Market Value (USD) by 2028 | $2.3 Billion |
| Compound Annual Growth Rate | 6.2% |
| Regions Covered | Global |
Company Profiles
- APOLLO RT Co. Ltd.
- Bayer AG
- Bracco Imaging S.p.A.
- General Electric Company
- Guerbet
- Medtron AG
- Nemoto Kyorindo Co. Ltd.
- Shenzhen Anke High-tech Co. Ltd.
- Shenzhen Seacrown Electromechanical Co. Ltd.
- Sino Medical-Device Technology Co. Ltd.
- ulrich GmbH & Co. KG
Key Market Segmentation:
Product Type Insights:
According to the report, the consumables segment accounted for the largest market share.
- Consumables
- Syringes
- Tubes
- Others
- Injector Systems
- CT Injectors
- MRI Injectors
- Angiography Injectors
- Accessories
Injectors Type Insights:
According to the report, the single-head injectors segment accounted for the largest market share.
- Single-head Injectors
- Dual-head Injectors
- Syringeless Injectors
Application Insights:
According to the report, the radiology segment accounted for the largest market share.
- Radiology
- Interventional Cardiology
- Interventional Radiology
End Use Insights:
According to the report, the hospitals segment accounted for the largest market share.
- Hospitals
- Ambulatory Surgery Centers
- Diagnostics Imaging Centers
Regional Insights:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
For more information about this report visit https://www.researchandmarkets.com/r/l77ixj
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