Contrast Media Contrast Agent Market Trends, Industry Growth and Forecast to 2031

by faraz pathan on Oct 14, 2024 Business 217 Views

The global contrast media/contrast agent market is anticipated to grow at a CAGR of around 5% during the forecast period (2024-2031). The rising FDA approvals are expected to drive the market during the forecast period. Several market players are actively participating in the R&D of contrast agents to get FDA approvals.

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For instance, Bracco Imaging SpA had received FDA approval in December 2020 for ProHance, an MRI contrast agent which now can be used in neonates and pediatric patients under two years of age. Similarly, Bayer AG had received FDA approval in July 2019 for Gadavist, a gadolinium-based contrast agent which is used for the diagnosis of coronary artery diseases through cardiac MRI.

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Market Coverage

  • Segment Covered- 

o             By Type

o             By Procedure

o             By Indication

  • Regions Covered-

o             North America

o             Europe

o             Asia-Pacific

o             Rest of the World

  • Competitive Landscape-Bayer AG, Bracco Imaging SPA, GE Healthcare, Lantheus Medical Imaging, Inc.

Key questions addressed by the report

  • What is the market growth rate?
  • Which segment and region dominate the market in the base year?
  • Which segment and region will project the fastest growth in the market?
  • How has COVID-19 impacted the market?
  • Who is the leader in the market?
  • How players are addressing challenges to sustain growth?
  • Where is the investment opportunity?

Global Contrast Media/Contrast Agent Market Report Segment

By Type

  • Iodinated Contrast Media
  • Gadolinium-based Contrast Media
  • Microbubble Contrast Media
  • Barium-based Contrast Media

By Procedure

  • X-ray/Computed Tomography (CT)
  • Magnetic Resonance Imaging (MRI)
  • Ultrasound

By Indication

  • Cardiovascular Disorders
  • Oncology
  • Gastrointestinal Disorders
  • Neurological Disorders
  • Other Indications

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