About Gadopentetate Dimeglumine
The contrast agent gadopentetate dimeglumine has magnetic properties. It is used in conjunction with magnetic resonance imaging (MRI) to enhance the visibility of blood vessels, lungs, and other non-bony tissues on the MRI. Gadopentetate dimeglumine is used to diagnose some brain, blood vessel, and spin disorders (central nervous system). It's used to help with imaging of blood vessels, as well as inflamed or diseased tissue where blood vessels have been "leaky." It is often used for viewing intracranial lesions with irregular vascularity or anomalies in the blood–brain barrierIt's typically given as an intravenous injection. The gadolinium contrast medium Gd-DTPA is classified as an acyclic, ionic gadolinium contrast medium. Its paramagnetic property decreases the T1 relaxation time (and to a lesser degree the T2 and T2* relaxation times) in NMR, which is why it's useful in medicine. Increased incidences of chronic diseases, the demand for image-guided procedures and diagnostics, and a large number of contrast agent approvals are all driving the growth of the contrast media industry. The use of image-guided procedures will aid in determining whether a cancer is malignant or benign. With the rising prevalence and number of cancer cases in both emerging and developed economies around the world, protocols that can assist patients in receiving a diagnosis at an earlier stage are required.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
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. Analyst at AMA Research estimates that Asia Pacific Players will contribute the maximum growth to Global Gadopentetate Dimeglumine market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Bayer Ag (Germany), Bracco Diagnostic Inc. (Italy), GE Healthcare (United States), Guerbet Group (France), Spago Nanomedical AB (Sweden), Takeda Pharmaceutical, Fuji Pharma (Japan), BeiLu Pharma (China), J.B. Chemicals and Pharmaceuticals (India) and Lantheus Medical Imaging Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Towaseiyaku Pharmaceutical (Japan), Hikari Pharmaceutical (Japan) and Sanochemia (Austria).
Segmentation Overview
AMA Research has segmented the market of Global Gadopentetate Dimeglumine market by and Region.
On the basis of geography, the market of Gadopentetate Dimeglumine 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). If we see Market by End-User, the sub-segment i.e. Hospitals will boost the Gadopentetate Dimeglumine market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Dosage, the sub-segment i.e. 10ml: 4.69g will boost the Gadopentetate Dimeglumine market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Technological Advancements in Imaging Solutions and Increasing Demand for Early Diagnosis and Rise of MRI Examinations
Market Growth Drivers:
Increasing Prevalence of Cancer and other Diseases that Require Medical Imaging
Challenges:
High cost of Injectors, Consumables, and Accessories and Need of Various Regulatory Approvals
Restraints:
Several Side Effects Including Joint pains, Skin Discoloration, Headache etc.
Opportunities:
Increased Investment in R&D
Market Leaders and their expansionary development strategies
In September 2022, Bracco Diagnostics Inc., the United States subsidiary of Bracco Imaging S.p.A., announced that the U.S. Food and Drug Administration (FDA) has approved Gadopiclenol Injection, a new, highly stable macrocyclic gadolinium-based contrast agent.
December 2018 – Bracco Diagnostics Inc. Receives U.S. Food And Drug Administration (FDA) Approval for Use of Multihance (GadobenateDimeglumine) Injection, 529 Mg/Ml in Magnetic Resonance Imaging (MRI) of the Central Nervous System (CNS) in Pediatric Patients Younger Than 2 Years
Key Target Audience
Manufacturers of Gadopentetate Dimeglumine, Suppliers of Gadopentetate Dimeglumine, Wholesalers, Distributors and Retailers ofGadopentetate Dimeglumine, Pharmaceutical Companies, Medical Research Institutes and Governmental Bodies
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.