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Contrast Injector Market Growth at a CAGR of 8.1% by 2018-2023 – Latest Challenges, Trends and Major key Players

Contrast Injector Market Overview

Visualization of various ailments through X-ray, computed tomography, magnetic resonance, or other various medical-imaging modalities is enabled by the injection of contrast media into the blood-stream. The delivery of contrast media is considered most effective by the implementation of a medical device for this purpose, known as a Contrast Injector or power injector

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The growth of the Global Contrast Injector Market is driven by the integration of IT in this sector which almost nulls the risk of human error, leading to efficient and much safer delivery of contrast media. Furthermore, cost savings offered by automated contrast injectors, the growing number of approvals for contrast agents all around the globe and the rising number of private and public diagnostic centers is among the driving factors of market growth.  However, side reactions and side effects related to the use of contrast media are expected to be the factors limiting market growth, to a certain extent.

Contrast Injector Market Forecast Report (2018-2023)

Global Contrast Injector Market was worth USD 524.10 million in 2018 and is projected to be growing at a CAGR of 8.1%, to touch USD 773.65 million by 2023.

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Contrast Injector Market Segmentation

The Global Contrast Injector Market is segmented based on Product, Application and Geography. Based on the Product, the Contrast Injector market is allocated into injector systems, consumables, and accessories. The injector systems segment is further distributed into CT injector systems, MRI injector systems, and angiography injector systems. The consumables segment is further segmented into injector heads, syringes, tubing, and other consumables (scan bags, valves, vials, and spikes).  The injector heads segment is further categorized into single head injectors, dual head injectors, and syringe less injectors. Based on application, the contrast injector market is segmented into radiology, interventional cardiology, and interventional radiology.

The market has been geographically segmented into North America, Europe, Asia-Pacific, Latin America and Middle-East & Africa. As of 2018, North America leads the market, accounting for the major global market share, with the US accounting for the major share. Europe comes in second in terms of market share. However, Asia-Pacific is expected to expand at the highest CAGR during the forecast period majorly because of the increasing feasibility of approvals for the use of contrast media and the market potential offered by the region to companies producing contrast injectors.

Major Players: 

The major companies dominating this market for its products and services are

  • Bracco Imaging S.p.A. (Italy),
  •  Bayer HealthCare (Germany),
  • Guerbet Group (France),
  • Medtron AG (Germany),
  • Ulrich GmbH & Co. KG (Germany),
  • GE Healthcare (U.S.),
  • Angio Dynamics (U.S.),
  • Nemoto Kyorindo Co., Ltd. (Japan),
  • Sino Medical- Device Technology Co., Ltd. (China),
  • VIVID IMAGING (China),
  • Apollo RT Co., Ltd. (China).

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Key Takeaways from this Report:

  • For different product types, end-use applications and industry verticals, offers calculated growth rates (CAGR %), Volume (Units), and Value ($M) in each region to estimate the market potential.
  • Identify various driving factors, constraints and untold opportunities that can impact the global marketplace
  • Know the position of your competitor based on the market shares, financial performance, strategical approaches, SWOT, product benchmarking and so on.
  • Increase overall revenue by understanding the geographical impact on sales and distribution channels.
  • Evaluate the increase in values at each step of the industry supply chain to improve process efficacy and optimize the value.
  • Understand the market dynamics of leading players like deals, partnerships, new products, mergers and acquisitions in the last four years.
  • Estimate the gaps in supply-demand, statics involved in import-export, and regulatory framework of the worldwide market in over 20 top nations.

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Contrast Injector Market Growth at a CAGR of 8.1% by 2018-2023 – Latest Challenges, Trends and Major key Players

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