Analysis and discussion about contrast media market, its forecasts and more is now available in the global research report “Contrast Media/Contrast Agents Market By Product (Iodinated, Gadolinium & Barium), By Technique (X-ray, CT, MRI, Cath Lab & Ultrasound) & By Application (Radiology, Interventional Radiology & Interventional Cardiology) - Global Trends & Forecast to 2017”. This report is of 286 pages and can be ordered at ReportsnReports.com.
The global contrast media market is worth $6.2 billion in 2012, and estimated to grow at a CAGR of 6.8% to reach $8.6 billion by 2017.
Contrast agents have evolved significantly over the past century, from barium and iodine-based agents that were used initially by medical practitioners and radiologists, to the more advanced agents like radiopharmaceuticals and gold nanoparticles that are currently in use. Sophisticated techniques such as targeted MRI imaging and gas microbubble technology in ultrasound will prove to be essential drivers in the widespread use of contrast agents in the future.
The global contrast media market is broadly segmented into barium-based, iodinated and gadolinium-based contrast media. These products are further categorized based on the medical procedure (X-ray, CT, MRI, ultrasound, and catheterization laboratory), route of administration (oral, injection, rectal, and urethral), medical indication (cardiovascular, respiratory, musculoskeletal, gastrointestinal, and neurology, nephrology and oncology) and finally application (radiology, interventional radiology and interventional cardiology).
Complete report available at http://www.reportsnreports.com/reports/214059-contrast-media-contrast-agents-market-by-product-iodinated-gadolinium-barium-by-technique-x-ray-ct-mri-cath-lab-ultrasound-by-application-radiology-interventional-radiology-interventional-cardiology-global-trends-forecast-to-2017.html .
The global contrast media market, though fairly mature at present (2012), still shows potential to grow over the next five years. It is propelled by the increasing demand for diagnostic imaging and image guided surgical procedures, technological advances in diagnostic imaging and the ever-increasing incidence rates of cancer and cardiac disorders. However, a few pivotal factors affecting the growth of this market are major economies of the world undergoing healthcare reforms, thereby affecting contrast media sales and the economic slowdown restricting the overall growth of this market.
The U.S. represents the largest contrast media market worldwide, followed by Europe and Japan. However, the economic slowdown has augmented opportunities for emerging markets like India and China to strengthen their position in the global arena. Advances in medical technology coupled with huge foreign investments from developed nations, allows these emerging markets to compete with global market leaders in this segment. Investment firms are increasingly focusing on expansion in developing markets of Asia, Latin America and Eastern Europe, since the U.S. is on the brink of embracing healthcare reforms and major economies in Europe are still recovering from huge financial deficits.
The global marketplace is highly competitive, with several small players specific to a particular geography challenging major ones. Owing to the recession and the emerging opportunities in developing countries, many small companies have similar product offerings at competitive prices. Some of the major players profiled in this report are GE Healthcare (U.K.), Bracco Diagnostic, Inc. (Italy), Bayer Healthcare Pharmaceuticals (Germany), Covidien (Ireland) and Guerbet Group (France).
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List Of Figures
Figure 1 Contrast Media Market,
By Geography, 2010 – 2017 ($Million)
Figure 2 Contrast Media Market Segmentation
Figure 3 Market Dynamics
Figure 4 Global Contrast Media Market Share Analysis,By Key Players, 2011
Figure 5 Contrast Media Market Segmentation, By Product
Figure 6 Chemistry Of Low Osmolar Contrast Media (Locm)
Figure 7 Chemistry Of High-Osmolar Contrast Media (Hocm)
Figure 8 Contrast Media Market Segmentation, By Route Of Administration
Figure 9 Contrast Media Market Segmentation, By Medical Procedure
Figure 10 Contrast Media Market Segmentation, By Indication
Figure 11 Contrast Media Market Segmentation, By Application
Figure 12 Key Growth Strategies, 2010 – 2012
Figure 13 Key Players Focusing On Agreements, Partnerships, Collaborations & Joint Ventures Strategy, 2010 – 2012
Figure 14 Key Players Focusing On New Product Launch Strategy,2010 – 2012
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