Market Snapshot:
Ioversol is an organic compound used to allow various human body parts such as organs, blood vessels, and others to be seen more accurately thereby helping physicians in diagnosing various chronic diseases and bone injuries. It is available in different concentrations as well ranging from 240 to 350 mg of iodine per millimeter. Growing advancement in medical imaging technologies, and introduction of mobile medical imaging techniques provides huge boost to ioversol chemical.
Highlights from Ioversol Market Study
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The key Vendors profiled in the report are Liebel-Flarsheim Company (United States), Guerbet (France), Jiangsu Hengrui Medicine (China), Mallinckrodt Pharmaceuticals (United Kingdom) and China Resources Pharmaceutical (Shanghai) Co, (China). Additionally, other players that are part of this comprehensive study are Novalek Pharmaceuticals Pvt. Ltd (India), Stellence Pharmscience Pvt. Ltd (India) and A.S. Joshi & Company (India).
Geographic Breakdown and Segment Analysis
The Europe Ioversol market presents a comprehensive analysis of the Ioversol market by product type (Ioversol 34% Injectable Solution (Optiray 160), Ioversol 51% Injectable Solution (Optiray 240), Ioversol 64% Injectable Solution (Optiray 300), Ioversol 68% Injectable Solution (Optiray 320) and Ioversol 74% Injectable Solution (Optiray 350)), by end-user/application (X-Ray, CT Scan, Brain Disorders, Blood Vessel Disorders, Heart Disorders and Others), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. This section of our report presents a realistic picture of the Europe Ioversol industry. Investors and Vendors can easily understand the inherent opportunities and challenges for their products in geographical region of interest.
For instance, while the holds majority of market share of the Ioversol market
Analyst at AMA have segmented the market study of Europe Ioversol market by Type, Application and Region.
Influencing Trend:
Need for Proper Prescription of Doctor Before Use of Ioversol
Market Growth Drivers:
Growing Number of Chronic Diseases and Bone Disorders and Increasing Geriatric Population Leading to Rise in Prevalence of Diseases
Challenges:
Precautions Required Before Ioversol Injection and Stringent Regulatory Frameworks Related to Ioversol Chemical
Restraints:
Ill-effect Associated with Over Consumption of Ioversol and Lack of Research About Use of Ioversol Limits Its Application
Opportunities:
Technological Advancement in Medical Imaging Techniques and Increasing Healthcare Spending in Emerging Countries
Market Developments Activities:
In Decemer 2020 Guerbet (GBT), a global leader in medical imaging, announced that it received US Food and Drug Administration approval for the commercial sale of the Optiray® Imaging Bulk Package (IBP) in the United States, as well as FDA clearance of the LF IBP Transfer Set.
In July , 2017 — Guerbet recently announced that it will phase out sales throughout the world of two products: Hexabrix (meglumine and sodium ioxaglate) and Optimark (gadoversetamide)
Regulatory Insights:
Food and Drug Administration (FDA) regulates the use of Ioversol, dosages as per age, and usage for specific populations. The body also mandates manufacturers to apply RFID-Tagged syringe directions for use.
Global Ioversol is a fragmented market due to the presence of various players. The players are focusing on investing more in Launching Products. These will enhance their market presence. The companies are also planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge.
Key Target Audience
Ioversol Manufacturers, Raw Materials Suppliers/Distributors, End-users Industries, Market Research and Consulting Firms, Potential Investors and Others