Contrast Media Injectors Market Size, opportunities, Strategies and Forecast to 2026 by Credence Research
Global Contrast Media Injectors Market By Product {(Injector Systems (CT Injector Systems, MRI Injector Systems, Angiography Injector Systems), Consumables (Injector Heads, Syringes, Tubing, Other Consumables), Accessories)} 

Market Definition: Global Contrast Media Injectors Market

Contrast delivery also known as a power injector is the most effective therapeutic device that can be programmed to deliver specific measures of contrast agent at particular flow rates. It can be used in many types of diagnostic and therapeutic medical procedures and also as a part of imaging method which will help in the treatment of cancer, physical injury, stroke, heart disease, vascular disease, digestive disorder and many more.
According to the report of American Cancer Society, around 1,688,780 new cancer cases are diagnosed in 2017 in the U.S.
According to Centers for Disease Control and Prevention (CDC), 28.4 million adults were diagnosed with heart disease in the U.S. in 2015. Thus, there is rising demand for advanced products for diagnosis and treatment of chronic diseases, his significant act as driver to the market growth.

Market Analysis: Global Contrast Media Injectors Market

Global Contrast Media Injectors Market is expected to rise from its initial estimated value of USD 0.69 billion in 2018 to an estimated value of USD 1.21 billion by 2026, registering a CAGR of 7.3% in the forecast period of 2019-2026. This rise in market value can be attributed to the growth in geriatric population and different diseases.
Competitive Analysis:
Global contrast media injectors market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of contrast media injectors market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Key Market Competitors:
Few of the major competitors currently working in the contrast media injectors market are Bracco Imaging S.p.A. (Europe), Guerbet (France), Medtron AG (Germany), Bayer AG (Germany), ulrich medical (USA), GENERAL ELECTRIC (US), VIVID IMAGING (China), Sino Medical Sciences Technology Inc. (China), AngioDynamics (US), APOLLO RT Co. Ltd. (China), Nemoto (Japan),         Messe Düsseldorf GmbH (China), Hilin Life Products, Inc. (USA), Lantheus Medical Imaging, Inc.(US), Jodas Expoim (India), Lantheus Medical Imaging, Inc. (USA), Magnus Health (USA), TAEJOON PHARM (South Korea), Spago Nanomedical AB (Europe) and others
Market Drivers
  • Rising number of approvals for contrast agents, act as driver to the market.
  • Rising in number of public and private diagnostic centers, act as driver to the market.
Market Restraints
  • Risks associated with contrast media injectors, act as restraints to the market.
  • High cost of contrast media injectors and consumables & accessories, this act as restraints to the market.
  • Due to reluctance to adopt new technology, this act as restraints to the market.
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