Global Contrast Media Market Evolution Recorded at 4% CAGR During the Forecast Period 2018 –2026

Global contrast media market to acquire a revenue mark of US$ 6,500 Mn by 2026

 

Albany, NY -- (SBWIRE) -- 07/20/2018 -- Contrast agent/media is basically a substance which is used to augment the contrast of fluids and structures of the body at the time of medical imaging. Such agents are utilized during X-ray, angiography, CT scan and ultrasound imaging. To study the overall market for contrast media, a new research report has been added to the vast online storehouse managed by Market Research Reports Search Engine (MRRSE). This research is titled "Contrast Media Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 –2026", which analyzes the current as well as future projections set to impact the contrast media market. As per report findings, rise in incidence of cancer and cardiovascular diseases is expected to drive the concerned market to greater heights. In 2017, the global contrast media market was valued at US$ 4,600 Mn, and is projected to grow at a CAGR of 4% during the period between 2018 and 2026 to acquire a revenue mark of US$ 6,500 Mn.

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This research report provides a clear qualitative analysis targeting factors responsible for motivating and restraining the market. Moreover, future opportunities are also enclosed that are probable to enhance the contrast media market in the near future. In addition, readers can also learn about market attractiveness analysis which presents a precise investigation of the global competitive scenario active in the overall contrast media market.

The later section of the report offers a deeper knowledge about market segmentation based on type, imaging modality, route of administration, region and application. In terms of type, the global contrast media market is classified into barium sulfate-based compounds, iodine-based compounds, microbubbles/microspheres and gadolinium-based compounds. Considering route of administration, the global market is categorized into rectal, oral, intravenous/intra-arterial and others. Presently, the prime applications associated to contrast media are oncology, neurology, cardiology and others. Among these, the cardiology segment is projected to dominate the overall market during the forecast period.

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Geographically, the market for contrast media market is divided into five major regions, namely, North America, Asia Pacific, Europe, Middle East & Africa and Latin America. As the report concludes, readers can learn about the major players from the global contrast media market on the basis of various attributes like company overview, SWOT analysis, financial overview, key business strategies, recent developments and product portfolio. Some of the key companies mentioned in the research include Bayer AG, Bracco Diagnostic, Inc., GE Healthcare, Guerbet Group, Nanopet Pharma GmbH, Lantheus Medical Imaging, Inc., Spago Nanomedical AB and Subhra Pharma Private Limited.

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