Rising prevalence of cardiac diseases and cancer cases is expected to boost the global contrast media market expansion. Valuable market insights have been shared by Fortune Business Insights in its report, titled “Contrast Media Market Size, Share and Global Trend By Type (Barium-based Contrast Media, Iodinated Contrast Media, Gadolinium-based Contrast Media, Microbubble Contrast Media), By Route of Administration (Oral, Rectal, Intravenous, Ureteral), By Application (Oncology, Cardiology, Neurology), By Modality (X-ray/CT, MRI, Ultrasound), By End User (Hospitals, Clinics), and Geography Forecast till 2026.”
The report provides an in-depth market analysis and a comprehensive evaluation of the key factors that will influence the development of the market till 2026.
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The report covers:
- Global Contrast Media Market trends, with detailed analysis on consumer trends & manufacturer trends.
- Overview on supply analysis covering trends across raw material suppliers, technology providers and distributors.
- Key areas of investments identifying market opportunities and challenges in forecast timeframe.
- Competitive analysis of the industry players along with the overview on strategic management.
- Comprehensive company profiles of the major industry players.
Leading Players operating in the Contrast Media Market are:
Key players are involved in mergers and acquisition to strengthen their market position. Owing to increasing competition frequent innovations are taking place in the market. Some of the companies operating the industry are:
- AMAG Pharmaceuticals
- Bayer AG
- Bracco Diagnostic Inc.
- DAIICHI SANKYO COMPANY, LIMITED.
- GENERAL ELECTRIC COMPANY
- Lantheus Medical Imaging, Inc.
- Nanoscan Imaging LLC
- SANOCHEMIA Pharmazeutika AG
- Spago Nanomedical AB.
- Interpharma Praha
Possible Side Effects May Restrain the Market
The global contrast media market may experience restricted growth during the forecast period owing to various side effects caused by imaging techniques. For example, radiographic contrast media can lead to severe hypersensitivity reactions such as abdominal cramps, cardiac failure, loss of consciousness, coronary artery spasm, seizures, pulmonary edema, to name a few. Similarly, iodinated contrast media, one of the most contrast media, can lead to hypo or hyper thyroidism. These factors can have a negative impact on the global contrast media as patients may not readily accept treatments involving image-guided procedures.
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Rising Demand for Image-Guided Procedures to Boost the Market
The global contrast media market is slated to experience a sustained growth period owing to the rising demand for image-guided procedures such as Ultrasound and MRI. The main advantage of image-guided techniques is their minimally invasive nature and high accuracy, which makes them ideal for application in diagnostic procedures. Image-guided tools enable the physician to provide a more pinpointed prognosis and map out with greater accuracy the therapeutic procedure.
A contrast medium (also known as contrast agent or dye) is a substance that is introduced in the body to highlight and improve visibility of specific blood vessels, organs, or tissues during radiology. They help the radiologist in determining the extent of damage or injury that has been borne. The most commonly used contrast media include iodine, gadolinium, barium sulfate, and gastrografin. They are administered either intravenously, through the rectum, or orally.
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Reasons to Purchase this Report:
- Comprehensive analysis of the Contrast Media Market growth drivers, obstacles, opportunities, and other related challenges.
- Tracks the developments, such as new product launches, agreements, mergers and acquisitions, geographical expansions, and joint ventures.
- Identifies market restraints and boosters.
- Identifies all the possible segments present in the market to aid organizations in strategic business planning.
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