A contrast medium or contrast agent is a substance that is used in radiography to improve the imaging of internal body structures. These substances are administered to the human body through different means that increase the radio density of the targeted blood vessel, tissue, or organ and make the structure more visible for better medical examination.
According to the research report, ‘Contrast Agents Market by Product Type (Iodinated, Barium-based, Gadolinium-based, Microbubble-based, and Others), By Modality Type (X-Ray/Computed Tomography, Magnetic Resonance Imaging, and Ultrasound), By Region (North America, Europe, Asia Pacific, and Rest of the World) – Global Forecast up to 2025’ states that Taejoon Pharm Co., Ltd, GE Healthcare, Bayer AG, Fujifilm Holdings Corporation, Bracco Group, Beijing Beilu Pharmaceutical Co., Ltd are some of the significant players functioning in the industry. The report discusses how far along the player stands in the competition referring to some of the players holding dominating share in the market with the diverse and quality products they offer. The report also does company profiling of each company mentioned above based on parameters like company overview, its performance, production capacity, key business offerings, revenue, key business strategy, financial performance, risk analysis, recent developments, regional presence, and SWOT analysis.
The global contrast agent market is classified into different segments as mentioned above. Among them, iodine contrast agent which is categorized under product type holds a significant share in the market. X-ray which comes under the category of modality type has an influential position in the market due to rising investments and growth in the ultrasound contrast agents market. The report also contains an in-depth understanding of market type by region for the above-specified regions. According to it, North America holds a significant share in the contrast agents industry, which comes specifically from the US, because of easy accessibility to quality healthcare and reimbursement facilities. Further, the highest growth rate can be seen in the Asia Pacific region owing to the large population and increased medical expenditure.
Likewise, the report also provides market trends for contrast agents both in the present as well as in the future. The research report equips with various dimensions such as dynamics of the market both globally and region-wise, analysis of historical data, and technology development, strategies adopted by the above-named companies, and study of the market size (in terms of value and volume) based on demand and supply, market growth drivers, application details, market features, restraints, regional and industry wise investment opportunities and much more.
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In the upcoming years, the global contrast agents market will continue to increase and is anticipated to reach a value in terms of revenue of USD million by the end of 2025 with a double-digit CAGR during the review period of 2019-2025. Despite hindrances from various factors, this sector will boom mainly because of the escalating need for diagnostic and interventional radiology procedures and occurrence of diseases worldwide. Increment in indications of contrast media market and the progress of medical imaging technologies in coming markets are giving opportunities for the growth of the contrast agents market
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Global Contrast Agents Market: Ken Research
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