The global contrast media injectors market is anticipated to grow at a significant CAGR of 6.3 % during the forecast period. The significant increase in the number of cases of cancer is fueling demand for contrast media injectors in the market. For instance, according to the international agency for research on cancer (IARC), in 2018 there were 17.0 million new cancer cases and 9.5 million cancer deaths worldwide. The future burden will probably be even larger due to the increasing prevalence of factors that increase risks, such as smoking, unhealthy diet, physical inactivity, and fewer childbirths, in economically transitioning countries. Thus, Contrast media injectors are used to improve the diagnostic value of those imaging exams.
Impact of COVID-19 Pandemic on Global Contrast Media Injectors Market
The COVID-19 has affected almost every industry across the globe. The COVID-19 resulted in changes in consumer behavior, changes in the supply chain, and the intervention of governments. Many hospitals and diagnostic centers witnessed a decrease in radiology departments, which affected the growth of the contrast media injectors market over the forecast. During this pandemic, healthcare institutions were avoiding performing surgeries to reduce the spread of the virus, which resulted in a downfall in the market over the forecast.
Segmental Outlook
The global contrast media injectors market is segmented based on the product, application, and end-user. Based on the product, the market is segmented into injector systems, consumables, and accessories. Based on the application, the market is augmented into radiology, interventional radiology, and interventional cardiology. Based on the end-user, the market is bifurcated into hospital and diagnostic centers. Among all segments, the consumables segment is expected to drive the growth of the market. The growing requirement of consumables to maintain safety and hygiene during diagnostic procedures, acting as a driver to fuel the growth of the market over the forecast.
Global Contrast Media Injectors Market Share by Application, 2021 (%)
The Radiology Segment Expected to Hold the Considerable Share in the Global Contrast Media Injectors Market
Based on the application, radiology is expected to hold a considerable share in the market over the forecast. The increasing number of radiology procedures is fueling the growth of the market over the forecast. For instance, the Radiological Society of North America (RSNA), stated The rapid increase in the use of medical imaging has resulted in a substantial increase in the use of radiologic contrast media. Half of the approximately 76 million computed tomographic (CT) and 34 million magnetic resonance (MR) imaging examinations performed each year include the use of intravenous contrast agents. Moreover, many advanced clinical imaging applications were developed and refined with the use of intravenous contrast agents.
Regional Outlooks
The global contrast media injectors market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East & Africa, and Latin America). The market can be analyzed for a particular region or country level as per the requirement. The North America region is expected to hold a significant share in the market due to better healthcare infrastructure and access to healthcare, acting as the driver for the contrast media injector market over the forecast.
Global Contrast Media Injectors Market Growth, by Region 2022-2028
The Asia-Pacific Region Expected to Hold Consiberable Share in the Global Contrast Media Injectors Market
The Asia Pacific is expected to hold a significant share in the market over the forecast. The increasing government support to boost the healthcare industry is fueling the contrast media injectors market. For instance, the India brand equity foundation stated the government of India aims to increase healthcare spending to 3% of the gross domestic product by 2022. Moreover, The Government of India is planning to increase public health spending to 2.5% of the country's GDP by 2025.
Market Players Outlook
The major companies serving the global contrast media injectors market include Bayer Ag, Guerbet Group, Medtron AG, Bracco Imaging S.p.a, Debiotech SA, GE Group, Magnus Health, Mallinckrodt Co., MedWrench, LLC, Sino Medical Device Technology Co., Ltd., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in February 2019, Bayer revealed its new MEDRAD Centargo CT injection system. The new CT injection system provides a range of innovative features which simplify the workflow to help ease the increasing workload of radiology departments.
The Report Covers
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Impact of COVID-19 on the Global Contrast Media Injectors Market
• Recovery Scenario of Global Contrast Media Injectors Market
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. BY Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Bayer AG
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. Guerbet Group
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. Medtron AG
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. Nemoto kyorindo Co., Ltd.
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Developments
3.5. Ulrich Gmbh & Co. KG.
3.5.1. Overview
3.5.2. Financial Analysis
3.5.3. SWOT Analysis
3.5.4. Recent Developments
3.6. Key Strategy Analysis
3.7. Impact of Covid-19 on Key Players
4. Market Segmentation
4.1. Global Contrast Media Injectors Market by Product
4.1.1. Injectors Systems (CT Injectors, MRI Injectors, and Angiography)
4.1.2. Consumables (Syringes)
4.1.3. Accessories
4.2. Global Contrast Media Injectors Market by Application
4.2.1. Radiology
4.2.2. Interventional Radiology
4.2.3. Interventional Cardiology
4.3. Global Contrast Media Injectors Market by End User
4.3.1. Hospital
4.3.2. Diagnostic Centers
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Anaecon India Health Care Pvt. Ltd.
6.2. Apollo RT Co., Ltd.
6.3. Bracco Imaging S.p.a
6.4. Debiotech SA
6.5. GE Group
6.6. Magnus Health
6.7. Mallinckrodt Co.
6.8. MedWrench, LLC
6.9. Shenzhen Anke High-Tech Co., Ltd.
6.10. Sino Medical Device Technology Co., Ltd.
6.11. Shenzhen Seacrown Electromechanical Co., Ltd.
6.12. Vivid Imaging Solutions, Inc.
1. GLOBAL CONTRAST MEDIA INJECTORS MARKET RESEARCH AND ANALYSIS BY PRODUCT, `2021-2028 ($ MILLION)
2. GLOBAL INJECTOR SYSTEMS FOR CONTRAST MEDIA INJECTORS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL CONSUMABLES FOR CONTRAST MEDIA INJECTORS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL ACCESSORIES FOR CONTRAST MEDIA INJECTORS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
5. GLOBAL CONTRAST MEDIA INJECTORS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
6. GLOBAL CONTRAST MEDIA INJECTORS FOR RADIOLOGY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
7. GLOBAL CONTRAST MEDIA INJECTORS FOR INTERVENTIONAL RADIOLOGY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
8. GLOBAL CONTRAST MEDIA INJECTORS FOR INTERVENTIONAL CARDIOLOGY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
9. GLOBAL CONTRAST MEDIA INJECTORS MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
10. GLOBAL CONTRAST MEDIA INJECTORS MARKET IN HOSPITALS RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
11. GLOBAL CONTRAST MEDIA INJECTORS MARKET IN DIAGNOSTIC CENTERS RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
12. GLOBAL CONTRAST MEDIA INJECTORS MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2021-2028 ($ MILLION)
13. NORTH AMERICAN CONTRAST MEDIA INJECTORS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
14. NORTH AMERICAN CONTRAST MEDIA INJECTORS MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2021-2028 ($ MILLION)
15. NORTH AMERICAN CONTRAST MEDIA INJECTORS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
16. NORTH AMERICAN CONTRAST MEDIA INJECTORS MARKET RESEARCH AND ANALYSIS BY END USER, 2021-2028 ($ MILLION)
17. EUROPEAN CONTRAST MEDIA INJECTORS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
18. EUROPEAN CONTRAST MEDIA INJECTORS MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2021-2028 ($ MILLION)
19. EUROPEAN CONTRAST MEDIA INJECTORS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
20. EUROPEAN CONTRAST MEDIA INJECTORS MARKET RESEARCH AND ANALYSIS BY END USER, 2021-2028 ($ MILLION)
21. ASIA-PACIFIC CONTRAST MEDIA INJECTORS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
22. ASIA-PACIFIC CONTRAST MEDIA INJECTORS MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2021-2028 ($ MILLION)
23. ASIA-PACIFIC CONTRAST MEDIA INJECTORS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
24. ASIA-PACIFIC CONTRAST MEDIA INJECTORS MARKET RESEARCH AND ANALYSIS BY END USER, 2021-2028 ($ MILLION)
25. REST OF THE WORLD CONTRAST MEDIA INJECTORS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
26. REST OF THE WORLD CONTRAST MEDIA INJECTORS MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2021-2028 ($ MILLION)
27. REST OF THE WORLD CONTRAST MEDIA INJECTORS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
28. REST OF THE WORLD CONTRAST MEDIA INJECTORS MARKET RESEARCH AND ANALYSIS BY END USER, 2021-2028 ($ MILLION)
1. IMPACT OF COVID-19 ON GLOBAL CONTRAST MEDIA INJECTORS MARKET, 2021-2028 ($ MILLION)
2. IMPACT OF COVID-19 ON GLOBAL CONTRAST MEDIA INJECTORS MARKET BY SEGMENT, 2021-2028 ($ MILLION)
3. RECOVERY OF GLOBAL CONTRAST MEDIA INJECTORS MARKET, 2021-2027 (%)
4. GLOBAL CONTRAST MEDIA INJECTORS MARKET SHARE BY PRODUCT, 2021 VS 2028 (%)
5. GLOBAL INJECTOR SYSTEMS FOR CONTRAST MEDIA INJECTORS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
6. GLOBAL CONSUMABLES FOR CONTRAST MEDIA INJECTORS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
7. GLOBAL ACCESSORIES FOR CONTRAST MEDIA INJECTORS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
8. GLOBAL CONTRAST MEDIA INJECTORS MARKET SHARE BY APPLICATION, 2021 VS 2028 (%)
9. GLOBAL CONTRAST MEDIA INJECTORS FOR RADIOLOGY MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
10. GLOBAL CONTRAST MEDIA INJECTORS FOR INTERVENTIONAL RADIOLOGY MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
11. GLOBAL CONTRAST MEDIA INJECTORS FOR INTERVENTIONAL CARDIOLOGY MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
12. GLOBAL CONTRAST MEDIA INJECTORS MARKET SHARE BY END USER, 2021 VS 2028 (%)
13. GLOBAL CONTRAST MEDIA INJECTORS IN HOSPITALS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
14. GLOBAL CONTRAST MEDIA INJECTORS IN DIAGNOSTIC CENTERS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
15. GLOBAL CONTRAST MEDIA INJECTORS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
16. US CONTRAST MEDIA INJECTORS MARKET SIZE, 2021-2028 ($ MILLION)
17. CANADA CONTRAST MEDIA INJECTORS MARKET SIZE, 2021-2028 ($ MILLION)
18. UK CONTRAST MEDIA INJECTORS MARKET SIZE, 2021-2028 ($ MILLION)
19. FRANCE CONTRAST MEDIA INJECTORS MARKET SIZE, 2021-2028 ($ MILLION)
20. GERMANY CONTRAST MEDIA INJECTORS MARKET SIZE, 2021-2028 ($ MILLION)
21. ITALY CONTRAST MEDIA INJECTORS MARKET SIZE, 2021-2028 ($ MILLION)
22. SPAIN CONTRAST MEDIA INJECTORS MARKET SIZE, 2021-2028 ($ MILLION)
23. REST OF EUROPE CONTRAST MEDIA INJECTORS MARKET SIZE, 2021-2028 ($ MILLION)
24. INDIA CONTRAST MEDIA INJECTORS MARKET SIZE, 2021-2028 ($ MILLION)
25. CHINA CONTRAST MEDIA INJECTORS MARKET SIZE, 2021-2028 ($ MILLION)
26. JAPAN CONTRAST MEDIA INJECTORS MARKET SIZE, 2021-2028 ($ MILLION)
27. SOUTH KOREA CONTRAST MEDIA INJECTORS MARKET SIZE, 2021-2028 ($ MILLION)
28. REST OF ASIA-PACIFIC CONTRAST MEDIA INJECTORS MARKET SIZE, 2021-2028 ($ MILLION)
29. REST OF THE WORLD CONTRAST MEDIA INJECTORS MARKET SIZE, 2021-2028 ($ MILLION)