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Contrast Media Market Size
Contrast Media Market size was valued at USD 6.2 billion in 2023 and is anticipated to showcase growth at 7.6% CAGR from 2024 to 2032. The market is experiencing growth owing to the growing regulatory approvals of contrast media, growth in radiological examinations, and rising incidence of chronic diseases. Moreover, an increase in minimally invasive procedures is also supporting the revenue growth of the market. Contrast media play a crucial role in image-guided procedures like interventional radiology, and endoscopic interventions, contributing to the expansion of minimally invasive approaches in healthcare.
Contrast media are substances administered to patients to improve the visibility and contrast of specific tissues, organs, or blood vessels during diagnostic imaging examinations. These media are employed across various medical imaging techniques, such as X-Ray, magnetic resonance imaging, and ultrasound, to optimize image quality and diagnostic accuracy. Contrast media enables the clinicians to obtain high-quality images for accurate diagnosis, patient management, and treatment planning.
Contrast Media Market Report Attributes
| Report Attribute |
Details |
| Base Year: | 2023 |
|---|
| Contrast Media Market Size in 2023: | USD 6.2 Billion |
|---|
| Forecast Period: | 2024 - 2032 |
|---|
| Forecast Period 2024 - 2032 CAGR: | 7.6% |
|---|
| 2032 Value Projection: | USD 11.9 Billion |
|---|
| Historical Data for: | 2021 – 2023 |
|---|
| No. of Pages: | 194 |
|---|
| Tables, Charts & Figures: | 339 |
| Segments covered: | Type, Form, Modality, Route of Administration, Indication, Application, End User, and Region |
|---|
| Growth Drivers: | - Growing regulatory approvals of contrast media
- Growth in radiological examinations
- Surging incidence of chronic diseases
- Increase in minimally invasive procedures
|
|---|
| Pitfalls & Challenges: | - Presence of stringent regulations and frequent product recalls
- Allergic reactions and side-effects associated with contrast media
|
|---|
