Microbubble Contrast Media Market Share, Trends, Key Drivers, Demand, Opportunities and Competitive Outlook

Microbubble Contrast Media Market research report consists of fundamental, secondary and advanced information allied to the global status and trend, market size, sales volume, market share, growth, future trends analysis, segment . This report conducts study of market drivers, market restraints, opportunities and challenges underneath market overview which provides valuable insights to businesses for taking right moves. Moreover, the report endows with the data and information for actionable, most recent and real-time market insights which make it uncomplicated to take critical business decisions. Market research analysis lends a hand to businesses for the planning of production, product launches, costing, inventory, purchasing and marketing strategies.

The use of microbubble contrast agents in ultrasound imaging for general tissue delineation and perfusion is gaining popularity. Microbubbles, as contrast materials, have a low dosage requirement and excellent detection sensitivity. Targeting ligands on the surface of microbubbles allow for the selective accumulation of these particles in areas of interest that have an increased level of receptor molecules on vascular endothelium. These goods aid in determining the need of preoperative scans before the operations and therapy in interventional procedures, which is expected to help the market growth of microbubble contrast media.

Data Bridge Market Research analyses that the microbubble contrast media market which is expected to at a healthy CAGR during the forecast period 2022 to 2029. 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.

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Contrast media, also known as contrast agents, is a substance that is usually transparent to X-rays and is used in medical imaging to speed up the contrast of fluids or structures. Microbubbles are used as a blood pool agent for contrast ultrasound imaging in cardiology and radiology. They are widely used in gene therapy, stem cell delivery, drug delivery, molecular imaging, and other applications. Microbubbles can also be used in conjunction with ligand molecules that target molecular markers of disease. The main purpose of microbubble-based ultrasound contrast agents is to monitor the biomarker condition of vascular endothelium, image inflammation, and visualise tumour vasculature, among other things.

Drivers

• Increasing image-guided surgeries

Image-guided surgeries (IGS) are gaining popularity. These procedures can be used to diagnose and treat a variety of conditions. The growing need and demand for imaging refinement during surgeries necessitates novel methods of data acquisition, processing, and display, as well as a thorough understanding of the imaging process and its applications in therapy. This need is very well served by image-guided procedures, which has resulted in increased demand for image-guided procedures for diagnostics and treatment, and thus has served as a market growth factor.

• Increasing prevalence of complex comorbidities

The increasing prevalence of complex comorbidities and chronic diseases has increased diagnostic imaging tests such as ultrasound, X-rays, and advanced imaging technology such as MRI and CT scans. For instance, GE Healthcare received FDA approval for Clariscan, a contrast agent used in macrocyclic MRI in November 2019. These products aid in the identification of the need for perioperative scans prior to surgeries and treatment in interventional procedures, which is expected to drive market growth.

Opportunities

• Rise in the prevalence of chronic conditions

The occurrence of chronic conditions with multiple comorbidities is higher in elder people. According to the National Council on Aging, nearly 80% of people aged 65 and older have at least one chronic condition, with nearly 70% of Medicare beneficiaries having more than two chronic conditions, and nearly 77.0 million people in the United States are expected to be 65 and older by 2034.

Furthermore, according to an American Heart Association report, the incidence of heart failure is increasing in the United States, and it is one of the leading causes of death in the country. In the United States in 2020, approximately 659,000 people died as a result of cardiovascular diseases. The number of people with heart disease is expected to rise by 46% by 2030.

• Launch of new products

The launch of digital tools to help with contrast agent injection management is projected to fuel market expansion. For instance, in 2018, Guerbet introduced Contrast&Care 2.0, a digital system that links all CT, Cath lab, and MRI injectors and has smart reader & connectivity features, allowing users to scan and read data on both their smartphones and laptops.

Recent developments

• In February 2022, Lopamidal by Beijing Beilu Pharmaceuticals passed the generic drug Consistency Evaluation. The evaluation aids in comparing the quality and efficacy of generic drugs to the brand version of the drug.
• In July 2020, Bayer and Siemens Healthineers presented a new Imaging System Interface (ISI) for magnetic resonance imaging. The Interface combines the Bayer MRXperion MR Injection System and the Siemens Healthineers MR scanner to overcome the limitations of the traditional method.

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Some of the major players operating in the microbubble contrast media market are:

• Lantheus (U.S.)
• Bracco Imaging S.p.A. (Italy)
• General Electric (U.S.)
• DAIICHI SANKYO COMPANY, LIMITED (Japan)
• nanoPET Pharma GmbH (Germany)
• Trust Bio-sonics (Taiwan)
• FUJIFILM VisualSonics Inc. (Canada)
• Trivitron Healthcare (India)
• Siemens (Germany)

Microbubble Contrast Media Market Scope

Therapeutic Area

• Cardiovascular Diseases
• Renal and Associated Diseases
• Others

 Application

• Molecular Imaging
• Gene Therapy
• Drug Delivery
• Stem Cells Delivery

Route of Administration

• Rectal
• Oral
• Injectable

 Form

• Tablet
• Powder
• Liquid
• Paste

Procedures

• X-ray/Computed Tomography (CT)
• Magnetic Resonance Imaging (MRI)

The report provides insights on the following pointers:

• Market Penetration: Comprehensive information on the product portfolios of the top players in the this market
• Product Development/Innovation: Detailed insights on upcoming technologies, R&D activities, and product launches in the market
• Competitive Assessment: In-depth assessment of the market strategies, and geographic and business segments of the leading players in the market
• Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies

Critical Insights Related to This Market Included in the Report:

• Exclusive graphics and Illustrative SWOT analysis of some of the leading companies in this market
• Value chain analysis of prominent players in the market
• Current trends influencing the dynamics of this market across various geographies
• Recent mergers, acquisitions, collaborations, and partnerships
• Revenue growth of this industry over the forecast period
• Marketing strategy study and growth trends
• Growth driven factor analysis
• Emerging recess segments and region-wise market
• An empirical evaluation of the curve of this market
• Ancient, Present, and Probable scope of the market from both prospect value and volume

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Microbubble Contrast Media Market Regional Analysis/Insights

The microbubble contrast media market is analyzed and market size insights and trends are provided by country, therapeutic area, application, route of administration, form and procedures as referenced above.

The countries covered in the microbubble contrast media market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the microbubble contrast media market due to an increase in the availability of advanced technologies, the presence of well-established healthcare facilities, and the demand for diagnostic procedures in this region.

Asia-Pacific is expected to dominate at the highest growth rate in the forecast period of 2022 to 2029 due to the rise in the research and development investment in the contrast agents in this region and the prevalence of chronic disease.

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