Contrast Media Injectors Market Value Chain Dynamics and Key Players By 2030

The global contrast media injectors market is expected to reach USD 2.0 billion by 2030, registering a CAGR of 7.4% during the forecast period, according to a new report by Grand View Research, Inc. The market is expected to grow because of the rising demand for minimally invasive surgical procedures, along with the increasing usage of consumables for several diagnostic procedures, which are supporting the market growth of contrast media injectors.

COVID-19 had a significant impact on the contrast media injector market, in 2019, with around a 30-40% reduction in sales due to the imposed lockdown and rapid decline in imaging case volume. However, the market is expected to return to peak levels of 2019 by 2022. This is due to the launch of COVID-19 vaccines and ease in restrictions, import & export of raw materials have resumed; therefore, the market is expected to grow at a significant rate over the forecast period.

Technological advancements such as IT-enabled solutions for contrast media injectors, along with growing demand for minimally invasive surgical procedures, are expected to boost the market during the coming years. Furthermore, the large number of intraoperative imaging procedures being performed has further enhanced the demand for these injectors, propelling the market growth.

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Contrast Media Injectors Market Report Highlights

By product, injector systems accounted for the largest market share of 60.9% in 2022, due to its growing application in the diagnosis and treatment of vascular disease, cancer, and others

By type, single head injectors accounted for the largest market share of 44.0% in 2022, because of their wide usage in the field of angiography, CT, and MRI as well these products are inexpensive

Based on the application, the radiology segment dominated the market with around 47.1% of the revenue share in 2022, because it is the primary procedure used for the diagnosis of several chronic diseases

Based on the end use, the hospitals segment dominated the market with around 68.2% of the revenue share in 2022, due to the fact that these facilities are primary users of the contrast media injectors because of their need to record the rhythm & electrical activity and evaluate the results in detail for clinical & research purposes

Asia Pacific contrast media injectors market is expected to witness the fastest growth rate at a CAGR of 8.5% over the forecast period. Factors that can be attributed to market growth include the growing geriatric population and an increasing number of surgeries

Contrast Media Injectors Market Segmentation

 Grand View Research has segmented the global contrast media injectors market on the basis of product, type, application, end use, and region:

Contrast Media Injectors Product Outlook (Revenue USD Million; 2016 - 2030)

Injector Systems

CT injector systems

MRI injector systems

Cardiovascular/angiography injector systems

Consumables

Tubing

Syringe

Others

Contrast Media Injectors Type Outlook (Revenue USD Million; 2016 - 2030)

Single Head Injectors

Dual-Head Injectors

Syringeless Injectors

Contrast Media Injectors Application Outlook (Revenue USD Million; 2016 - 2030)

Radiology

Interventional Cardiology

Interventional Radiology

Contrast Media Injectors End Use Outlook (Revenue USD Million; 2016 - 2030)

Hospitals

Diagnostics Centers

Ambulatory Surgery Centers

Contrast Media Injectors Regional Outlook (Revenue, USD Million, 2016 - 2030)

North America

U.S.

Canada

Europe

U.K.

Germany

France

Italy

Spain

Denmark

Sweden

Norway

Asia Pacific

Japan

China

India

Australia

South Korea

Thailand

Latin America

Brazil

Mexico

Argentina

Middle East and Africa (MEA)

South Africa

Saudi Arabia

UAE

Kuwait

List of Key Players in Contrast Media Injectors Market

Bayer HealthCare LLC

Bracco Group

Ulrich Medical

Guerbet Group

Medtron AG

Nemoto Kyorindo Co., Ltd.

Hong Kong Medi Co Limited

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About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.