The main objective of this report is to define, describe, and forecast the global “Contrast Injector” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market.
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North America to influence the Global Contrast injector Market through 2018-2024
Global Contrast injector market was dominated by the North America region over the historic period of 2016. Factors which are driving the North American contrast injector market, are high adoption of contrast media injectors (CMI) in radiology procedures by hospitals and clinicians as compared to other regions, high prevalence of cardiovascular and neurological disorders. Additionally, a large number of people in these regions suffer from neurological and cardiovascular disorders, propelling the market for contrast media injectors in the region. In the coming years, the contrast media injector market would witness the highest growth rate in the Asia-Pacific region. The high growth of this market in the region can be attributed to the rising approvals for various contrast agents in Asia-Pacific countries, developing markets, and the growing presence of international players in this region. In addition, the availability of government support for research, high healthcare expenditures in APAC countries, rising aging population, and increasing cancer incidences are expected to support the growth of the Asia-Pacific contrast injector market.
Increasing need for contrast scanning to stimulate demand for contrast media injectors
Continuously, growing incidence of several life-threatening medical conditions, such as cardiac and neurological disorders, the rising incidence of cancer, hemorrhage, complex fractures, cardiovascular disorders, bone trauma and others are increasing the need for contrast scanning to identify the tissues that differ in physical density, leading to a surge in the demand for contrast media injectors in the near future.
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CT injectors are the fastest growing segment
CT injectors are the fastest growing segment due to the large installed base of CT machines in health care centers, low cost associated with scanning as compared to MRI and positron emission tomography (PET) along with a greater patient compliance. MR injectors and angio/vascular injectors constitute other major instrument segments that provide high reliability and accuracy in contrast injection.
Major Key Players mentioned in this Premium Report
The Leading companies in the market are Bayer AG (Medrad Inc.) , Bracco Imaging S.P.A. , Guerbet Group , Ulrich GmbH & Co. Kg. , Nemoto Kyorindo Co., Ltd , Sino Medical-Device Technology Co., Ltd. (SinoMDT) , Apollo RT Co., Ltd. , Vivid Imaging , Angiodynamics (Navilyst Medical, Inc) and GE Healthcare. These companies are looking forward for organic as well as non-organic growth opportunities.In addition these are continuously focusing on improving productivity and efficiency of the company’s performance, at the same time they are concentrating on their cost reduction to improve their profit margins.