Search Market Research Report
Contrast Media Market Size, Share Global Analysis Report, 2020–2026
Contrast Media Market by Type (Barium-based Contrast Media, Iodinated Contrast Media, Gadolinium-based Contrast Media and Microbubble Contrast Media), Modality (X-ray/Computed Tomography (CT), Magnetic Resonance Imaging (MRI) and Ultrasound),route of administration (Oral, Intravascular, Rectal and Other Routes), indication (Cardiovascular Disorders, Cancer, Gastrointestinal Disorders, Musculoskeletal Disorders, Neurological Disorders, Nephrological Disorders and Others), application (radiology, interventional radiology, interventional cardiology and others), and end user (hospitals, diagnostic centers, research & academic institutes and other end users): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecast 2020–2026
Industry Insights
The Contrast Media market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire Contrast Media market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of value (USD Million) from FY 2016 – 2026.
This specialized and expertise-oriented industry research report scrutinizes the technical and commercial business outlook of the Contrast Media industry. The report analyzes and declares the historical and current trends analysis of the Contrast Media industry and subsequently recommends the projected trends anticipated to be observed in the Contrast Media market during the upcoming years.
Key Insights from Primary Research
- According to the primary CXO’s of the global contrast media market, the market is estimated to witness a substantial growth of nearly 3.92% over the forecast period.
- The market was valued at USD 5,116.2 million, in 2019 and is expected to be valued over USD 6,384.2 million.
- On the basis of the type segment, Iodinated contrast agents dominated the market with the largest market share. This can be attributed to the excellent radio-opacity and low toxicity of iodine-based contrast media compared to other agents.
- Asia Pacific market is anticipated to be the fastest-growing region for contrast media over the forecast period owing to the upsurge in the sophisticated healthcare facilities, availability of funds, and expansion of applications
- By geography, the North America region headed the market with a share of above 35.2%, in 2019.?
Key Recommendations from Analysts
- The need for image refinement during surgery, as well as demand, needs new methods of gathering, storing and displaying images, as well as a full understanding of the image process and its applications for care. The need is well served by image-guided procedures, resulting in increased demand for image-guided procedures for diagnosis and treatment, and thereby serving as a driver for market development.
- The strategic developments such as regional expansion, product innovations and on-going research and developments by the major companies such as Bayer HealthCare, Bracco Imaging, Daiichi Sankyo, GE Healthcare, Guerbet etc. is likely to boom the market’s growth over the up-coming years.
- Our analysts advise that the Asia Pacific region will likely witness a major growth attributed to the growing demand for contrast media from China and India.
- Intensification of the distribution channel and growing availability of contrast media online may also help the major player to cater the beneficial growth of the market over the years to come.
The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the Contrast Media industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.
Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the Contrast Media industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the Contrast Media market.
The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the Contrast Media industry. The Contrast Media market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.
The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the Contrast Media sector. Key strategic developments in the Contrast Media market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the Contrast Media market are appropriately highlighted in the report.
The Contrast Media market research report delivers an acute valuation and taxonomy of the Contrast Media industry by practically splitting the market on the basis of different types, category and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026. The regional segmentation of the Contrast Media industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Further, country-wise data for the Contrast Media industry is provided for the leading economies of the world.
Contrast media, also known as contrast agents, is used to improve blood and tissue perfusion. It involves computed tomography (CT)-dependent iodine-based contrast, gadolinium-based MRI-based agents, and ultrasound-used lipid bubble contrast agents. Contrast agents absorb or modify external electromagnetism or ultrasound, which is distinct from the radiopharmaceuticals themselves emitting radiation. For x-rays, contrast agents that improve radiodensity in or structure of target tissue. Contrast agents in MRIs shorten (or in some cases increase) the duration of nuclei relaxation within the body's tissues to adjust the contrast in the picture.
The Contrast Media market is segmented into type, modality, route of administration, indication, application, end-user, and region segment. The type segment is segmented into Blood Barium-based Contrast Media, Iodinated Contrast Media, Gadolinium-based Contrast Media, and Microbubble Contrast Media. The modality segment is classified into x-ray/computed tomography (CT), magnetic resonance imaging (MRI), and ultrasound. The route of administration segment is segmented into oral, intravascular, rectal, and other routes.
The indication segment is segmented into cardiovascular disorders, cancer, gastrointestinal disorders, musculoskeletal disorders, neurological disorders, nephrological disorders, and others. The application segment is bifurcated into, interventional radiology, interventional cardiology, and others. The End-user segment is divided into hospitals, diagnostic centers, research & academic institutes, and other end users.
Report Scope
Report Attribute |
Details |
Market Size in 2019 |
USD 3,816.2 Million |
Projected Market Size in 2026 |
USD 4,384.2 Million |
CAGR Growth Rate |
2.0% CAGR |
Base Year |
2019 |
Forecast Years |
2020-2026 |
Key Market Players |
Bayer HealthCare, Bracco Imaging, Daiichi Sankyo, GE Healthcare, Guerbet, J.B. Chemicals and Pharmaceuticals, Lantheus, Spago Nanomedicine, Taejoon Pharm and Unijules Life Sciences., and others. |
Key Segment |
By Type, Modality, Route of Administration, Indication, Application, End user, and Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East &, Africa |
Purchase Options |
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Some of the essential players operating in the Contrast Media Market are as follows:
- Bayer HealthCare
- Bracco Imaging
- Daiichi Sankyo
- GE Healthcare
- Guerbet
- J.B. Chemicals and Pharmaceuticals
- Lantheus
- Spago Nanomedicine
- Taejoon Pharm
- Unijules Life Sciences
The taxonomy of the Contrast Media industry by its scope and segmentation is as follows:
Type Segment Analysis
- Barium-based Contrast Media
- Iodinated Contrast Media
- Gadolinium-based Contrast Media
- Microbubble Contrast Media
Modality Segment Analysis
- X-ray/Computed Tomography (CT)
- Magnetic Resonance Imaging (MRI)
- Ultrasound
Route of Administration Segment Analysis
- Oral
- Intravascular
- Rectal
- Other Routes
Indication Segment Analysis
- Cardiovascular Disorders
- Cancer
- Gastrointestinal Disorders
- Musculoskeletal Disorders
- Neurological Disorders
- Nephrological Disorders
- Others
Application Segment Analysis
- Radiology
- Interventional Radiology
- Interventional Cardiology
- Others
End user Segment Analysis
- Hospitals
- Diagnostic Centers
- Research & Academic Institutes
- Other End Users
Regional Segmentation Analysis
- North America
- The U.S.
- Canada
- Europe
- Germany
- The UK
- France
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
Table of Content
Industry Major Market Players
- Bayer HealthCare
- Bracco Imaging
- Daiichi Sankyo
- GE Healthcare
- Guerbet
- J.B. Chemicals and Pharmaceuticals
- Lantheus
- Spago Nanomedicine
- Taejoon Pharm and Unijules Life Sciences
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