Increasing demand for diagnostic imaging and minimally invasive procedures which include image guided surgeries has paved way for consequent increase in demand for contrast media injectors. Rising incidence of various types of cancers and cardiac diseases globally is leading to a proportionate increase in demand for these owing to their use in diagnosing these ailments. The growth of contrast media injectors market can also be attributed to advancements in clinical diagnostics chemical pharmacological technology which utilizes contrast media injectors.
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Iodinated contrast media have widespread applications in medical imaging owing to their efficacy in diagnostic imaging and reduced toxicity issues. Catheterization laboratory segment is expected to witness significant market growth during the forecast period owing to the extensive rise in demand for minimally invasive procedures globally. Regionally, North America has the largest revenue share in the contrast media injectors market. This is attributed to high usage rate of these in radiology procedures, as well as sophisticated medical imaging equipments being used by the hospitals and clinicians as compared to other regions. Presences of large base of geriatric population and the rise in age related disorders such as cardiovascular, neurological disease and cancer is expected to augment the market growth further. The Asia Pacific market is considered as the new beacon for growth, particularly in light of rapid economic growth and improving healthcare infrastructure.
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The key companies operating in the contrast media injectors market include Covidien plc, Bayer Healthcare, Medrad Inc., Nemoto, Medtron AG, and Ulrich Medical. These players are constantly putting efforts to introduce advanced and novel technology such as wireless and programmable injectors. These advancements are thus, providing the contrast media injectors market with lucrative growth opportunities by attracting new and existing customers to utilize contrast media injectors for more enhanced and efficient functioning.
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