Contrast Injector Market Share, Demand, Industry Trends, Growth Opportunities and Revenue Outlook
Global Contrast Injector Market report has a chapter on the global market and all its associated companies with their profiles, which provides valuable data related to their outlook in terms of finances, product portfolios, investment plans, and marketing and business strategies. The report puts light on the change in the market which is taking place due to the moves of key players and brands such as product launches, joint ventures, mergers and acquisitions that in turn modifies the view of the global face of HELATH industry. Analysis and discussion of important industry trends, market size, market share estimates are also covered in the first class Global Contrast Injector Market report.
The persuasive Global Contrast Injector Market survey report proves to be an outstanding resource that provides current as well as upcoming technical and financial details of the industry to 2030. A few of the prominent features used while generating this market research report include highest level of spirit, practical solutions, committed research and analysis, modernism, integrated approaches, and most up-to-date technology.
According to the World Health Organization (WHO) 2021, cardiovascular diseases (CVDs) are the leading cause of death worldwide. Cardiovascular disease affects an estimated 17.9 million people each year. Strokes and heart attacks cause four out of every five cardiovascular deaths, and one-third of deaths occur in people under 70. The majority of businesses are developing novel products to reduce contrast media waste and gain a competitive advantage. Bracco has developed smart syringeless injectors that can maximise efficiency by using every drop of contrast loaded into the system. Smart injectors record the amount injected as well as the imaging protocol used and transmit the information to the PACS. These continuous technological advancements, as opposed to media injector technology, are expected to drive the market during the forecast period.
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Data Bridge Market Research analyses that the contrast injector market which was USD 849.85 million in 2022, is expected to reach USD 1,294.40 million by 2030, at a CAGR of 5.4% during the forecast period 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Contrast injectors have evolved over time from manual injectors with manifolds and stop-cocks to automated versions with greater accuracy and advantages. These automated versions are referred to as auto-injectors. To keep up with today’s high-speed medical imaging scanners, auto-injectors can manage the amount of contrast media injected and the rate at which it is absorbed into the patient’s body and alert the physician to potential hazards such as air embolisms and possibly extravasations.
Opportunities
- Rising usage of CT injectors
CT injectors are expected to grow positively as the use of CT systems has increased in recent years. During imaging, these CT systems employ a dual-head injector with two syringes for initial and follow-up contrast doses. Major academic institutions and pharmaceutical companies have been engaged in continuous R&D to develop protocols that assist CT users with the advanced capabilities of newer imaging systems. During the forecast period, the market will benefit from integrating IT and contrast media dose management.
Restraints/Challenges
- High costs will derail the growth rate
The market growth is expected to be hampered by the high cost of contrast media injectors during the forecast period. Consumable costs are also recurring because the same syringe and tube cannot be used twice, another factor limiting the future market growth. Tubes and syringes can cost up to US$ 350-500 each, limiting their use by medical professionals.
Furthermore, a lack of knowledge is expected to negatively impact the market during the period under consideration. It is also possible to develop air embolisms during contrast media injection, which can have serious consequences such as heart failure or respiratory failure.
Recent developments
- In December 2021, Guerbet and Bracco Imaging announced a global collaboration for Gadopiclenol, a next-generation magnetic resonance imaging (MRI) contrast agent.
- In December 2021, Qaelum NV announced a strategic partnership with Ulrich GmbH & Co. KG in Ulm to combine their advanced Contrast Management solution with Ulrich Medical’s contrast media injectors to support the needs of hospitals and imaging networks.
Contrast Injector Market Overview:
| REPORT METRIC | DETAILS |
| Forecast Period | 2023 to 2030 |
| Base Year | 2022 |
| Historic Years | 2021 (Customizable to 2015 – 2020) |
| Quantitative Units | Revenue in USD Million, Volumes in Units, Pricing in USD |
Fundamental Aim of this Market Report
- Factors influencing This Market Size and growth rate.
- Major alterations to this market in the near future.
- Notable Market rivals around the world.
- Future Scope and Product Outlook
- Future-promising emerging markets.
- The Market Presents Difficult Challenges and Threats.
Some of the major players operating in the contrast injector market are:
- General Electric (U.S.)
- Vivid Imaging Solutions (U.S.)
- Hilin Life Products, Inc. (U.S.)
- Jodas Expoim Pvt. Ltd. (India)
- Lantheus (U.S.)
- Magnus Health (U.S.)
- TAEJOON PHARM (South Korea)
- Spago Nanomedical AB (Sweden)
- Guerbet (France)
- Bracco (Italy)
- Bayer AG (Germany)
- Medtron AG (Germany)
- NemotoKyorindo Co., Ltd. (China)
- ulrich GmbH & Co. KG (Germany)
- Sino Medical-Device Technology Co. (China)
- Apollo RT Co. Ltd. (China)
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Contrast Injector Market Scope
Product
- Consumables
- Syringes
- Tubes
- Other consumables
- Injector Systems
- CT injectors
- MRI injectors
- Angiography injectors
- Accessories
Type of Injectors
- Single-head Injectors
- Dual-head Injectors
- Syringeless Injectors
Application
- Radiology
- Interventional Radiology
- Interventional Cardiology
End User
- Hospitals
- Diagnostic Imaging Centers
Key highlights of this Market report:
- Growth rate
- Remuneration prediction
- Consumption graph
- Market concentration ratio
- Secondary industry competitors
- Competitive structure
- Major restraints
- Market drivers
- Regional bifurcation
- Competitive hierarchy
- Current market tendencies
- Market concentration analysis
What benefits does the DBMR study is going to provide?
- Latest industry influencing trends and development scenario
- Open up New Markets
- To Seize powerful market opportunities
- Key decision in planning and to further expand market share
- Identify Key Business Segments, Market proposition & Gap Analysis
- Assisting in allocating marketing investments
Table of Contents:
- Introduction
- Market Segmentation
- Executive Summary
- Premium Insights
- Market Regulations
- Market Overview
Continued…
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Key Benefits of the Report:
- This study presents the analytical depiction of this industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of this market share.
- The current market is quantitatively analyzed to highlight the market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed this industry analysis based on competitive intensity and how the competition will take shape in the coming years.
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