Iodine Contrast Media Market Scope
Iodinated contrast media are iodine-containing contrast agents used in x-ray imaging modalities such as computed tomography (CT). They can also be used in fluoroscopy, angiography, and venography, as well as simple radiography on rare occasions. Despite the fact that iodinated contrast agents are safe and commonly used, they can cause side effects, and concerns about their use, effectiveness, and interactions remain. Some questions are simple to answer, while others necessitate in-depth research. While intravenous administration is the most common, they may also be given by gastrointestinal (oral, rectal), cystourethral, vaginal, intraosseous, and other routes. Contrast agents are familiar to any radiologist, and the number of patients taking these drugs continues to rise as computed tomography (CT) becomes more common.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | GE Healthcare (United States), Bayer AG (Germany), Livealth BioPharma Pvt. Ltd. (India), AMAG pharmaceuticals, Inc. (United States), Bracco Imaging SpA (Italy), Covidien (Ireland), CMC Contrast AB (Sweden), Daiichi Sankyo Company, Limited (Japan), Genovis AB (Sweden) and Guerbet Group (France) |
CAGR | % |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA estimates that United States & Swedish Players will contribute to the maximum growth of Global Iodine Contrast Media market throughout the predicted period.
GE Healthcare (United States), Bayer AG (Germany), Livealth BioPharma Pvt. Ltd. (India), AMAG pharmaceuticals, Inc. (United States), Bracco Imaging SpA (Italy), Covidien (Ireland), CMC Contrast AB (Sweden), Daiichi Sankyo Company, Limited (Japan), Genovis AB (Sweden) and Guerbet Group (France) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Lantheus Medical Imaging, Inc. (United States), Nanopet Pharma GmbH (Germany), Nanoscan Imaging, LLC (United States), Sanochemia Pharmazeutika AG (Austria), Spago Imaging AB (Sweden), Subhra Pharma Private, Ltd. (India) and Taejoon Pharm Co., Ltd., (South Korea).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Iodine Contrast Media market by Type , by Application (Hospitals and Specialty Clinics) and Region with country level break-up.
On the basis of geography, the market of Iodine Contrast Media has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2023.
Market Leaders and their expansionary development strategies
In July, 2018 GE Healthcare launched Omnipaque (iohexol) Oral Solution in United States, Omnipaque is a Ready-To-Drink Iodinated Contrast Medium That Aids in The Diagnosis of Medical Conditions by Improving Diagnostic Visualisation of The Abdominal Gastrointestinal Tract.
Influencing Trend:
Growing Healthcare Infrastructure Due to Pandemic
Market Growth Drivers:
Growing Demand for Image Guided Therapeutics, Prevalence of Cancer Cases and Technical Progress in Imaging Technology
Challenges:
Side Effects and Adverse Reactions and Fierce Competitive Pressure
Restraints:
Brain Damage Due to Radiation Exposure
Opportunities:
Low Penetration in Asian Region
Key Target Audience
Iodine Contrast Media Manufactures, New Entrants and Investors, Iodine Contrast Media Distributors and Suppliers, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others