About Contrast Media Injectors
Contrast delivery injectors is defined as the therapeutic device which can be programmed in order to deliver specific measures of contrast agent at particular flow rates. It is also known as a power injector.It is used to inject contrast media in order to enhance the blood and perfusion in tissues. It is also widely used for use in computed tomography (CT) and magnetic resonance imaging (MRI). Increasing preference for minimally invasive procedures and increasing prevalence of chronic diseases owing to changing lifestyles are expected to drive the global contrast media injectors market growth. It is expected to expand at a CAGR of 5.2% from 2018 to 2026
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Analyst at AMA Research estimates that China Players will contribute the maximum growth to Global Contrast Media Injectors 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.
Mallinckrodt Pharmaceuticals, (United Kingdom), Bracco Imaging S.p.A., (Italy), Medtron AG (Germany), Nemoto Kyorindo (China) and VIVID IMAGING (China) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Contrast Media Injectors market by Type (MR injectors, CT injectors, Vascular injectors and Others), Application (Neurology, Cardiology, Oncology and Others) and Region.
On the basis of geography, the market of Contrast Media Injectors 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 Contrast Media Injectors market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
In 2021, Bayer AG announced a collaboration with ArcherDX, Inc., which will focus on the global development and commercialization of a therapeutic companion diagnostic test, also known as a companion diagnostic (CDx) for Vitrakvi™ (larotrectinib), based on next-generation sequencing.
On 2014, Guerbet (France) Company had launched FlowSens, which is a syringe-free injection system composed of a soft bag injector as well as associated disposables, using a hydraulic, syringe-free injector to deliver contrast media. This product launched to help the company to expand its product portfolio and On September 2013, the Food and Drug Administration (United States) had announced Class 2 Device Recall of MEDRAD Stellant CT Injector System with Certegra due to an issue with the software design. It will help the growth of the market in the future.
Market Drivers
- Increasing Demand for Minimally Invasive Surgeries
- Growing Number of Regulatory Approvals
- Injector’s Devices Along With Rising Regulatory Approvals
- Increasing Number of Public and Private Diagnostic Centers
Opportunities
- Growing Demand from Emerging Economics such as India, China and others
- Increasing Focus of Market Players on Contrast Media Injector Arena
Restraints
- High Cost of Contrast Media Injector and Adverse Effects of Contrast Agents
- Reluctance of the Masses to the Use of Contrast Media Injectors
- Risks Associated With Contrast Media Injectors
- Reluctance to Adopt New Technology
Challenges
- Lack of Awareness Regarding Contrast Media Injectors
- Shortage of and Need for Highly Skilled Professionals
- Development of Gamma and Neutron Imaging Solutions
Key Target Audience
Manufacturers of Contrast Media Injectors, Suppliers of Contrast Media Injectors, Wholesalers, Distributors and Retailers of Contrast Media Injectors, Research and Development (R&D) Companies, Research Organization, Federal Agencies and Others
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 the 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 purpose to understand companys positioning regarding 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 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, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.