Global Contrast Media Injectors Market Size 2024, Forecast To 2033
6 Mar, 2024
The contrast media injectors market has demonstrated robust growth in recent years, escalating from $1.6 billion in 2023 to $1.72 billion in 2024, with a compound annual growth rate (CAGR) of 7.5%. The growth in the historical period is attributed to factors such as the increased incidence of chronic diseases, a rise in diagnostic imaging procedures, the demand for minimally invasive procedures, the expansion of healthcare infrastructure, and the growing aging population. Moving into the future, the market is poised for strong growth, reaching $2.32 billion in 2028 with a CAGR of 7.8%. Anticipated growth drivers for the forecast period include an increase in interventional radiology procedures, a rising prevalence of cancer, a heightened focus on patient safety and comfort, the globalization of healthcare services, and regulatory support and compliance. Key trends during this period encompass automation and connectivity, the emergence of dual-head injectors, advancements in injector technology, a continued focus on patient safety, a rise in interventional radiology procedures, and enhanced imaging techniques and modalities.
Global Contrast Media Injectors Market Key Driver
The contrast media injectors market is poised for growth driven by the increasing incidence of cancer and cardiovascular diseases (CVD). Cancer, characterized by uncontrolled cell growth, and CVD, affecting the heart or blood vessels, are prevalent health challenges worldwide. As reported by the American Cancer Society in January 2023, the number of cancer cases surged from 1,898,160 in 2021 to 1,958,310 in 2023, marking a 3.16% increase. Furthermore, data from the World Heart Federation in April 2023 indicates that over 500 million individuals globally will be affected by cardiovascular diseases, resulting in 20.5 million fatalities in 2021 alone, representing a significant portion of global mortality. Hence, the rising incidence of cancer and cardiovascular diseases is fueling the growth of the contrast media injectors market.
Get A Free Sample Of The Global Contrast Media Injectors Market ReportGlobal Contrast Media Injectors Market Segments
The contrast media injectors market covered in this report is segmented –
1) By Product: Consumables, Injector Systems, Accessories
2) By Type of Injectors: Single Head Injectors, Dual-Head Injectors, Syringe less Injectors
3) By Application: Radiology, Interventional Cardiology, Interventional Radiology
4) By End-user: Hospitals, Diagnostics Centers, Ambulatory Surgery Centers
By Geography:The regions covered in the contrast media injectors market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain
North America was the largest region in the contrast media injectors market in 2023. Asia-Pacific is expected to be the fastest-growing region in the global contrast media injectors market report during the forecast period. The regions covered in the contrast media injectors market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Major Contrast Media Injectors Industry Players
The Bracco Group, Bayer AG, Medtron AG, Ulrich GmbH And Co. KG, General Electric Company, Nemoto Kyorindo Co. Ltd., Guerbet Group, Sino Medical-Device Technology Co. Ltd, Apollo RT Co.Ltd, Shenzhen Anke High-tech Co. Ltd, Hilin Life Products Inc., Sanofi S.A, Novartis AG, Vivid Imaging, AngioDynamics. Inc., Taejoon Pharmaceutical Co. Ltd., Hong Kong Medi Co Limited, Medrad Inc., TaeWoong Medical Co. Ltd., Medtronic Plc, Covidien, ACIST Medical Systems, Boston Scientific Corporation, Mallinckrodt Pharmaceuticals, Lantheus Medical Imaging Inc., Imaxeon Pty Ltd., Nano-Ditech Corp.
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Contrast Media Injectors Market Overview
Contrast media injectors refer to medical devices that are used for injecting contrast media into the body to enhance the visibility of tissues for medical imaging procedures. It provides high accuracy, precision, and better outcomes during surgical procedures.
Contrast Media Injectors Global Market Report 2023 provides data on the global contrast media injectors market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The contrast media injectors market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.