The latest market report published by Credence Research, Inc. “Global Medical Imaging Reagents Market – Growth, Share, Opportunities, Competitive Analysis, and Forecast, 2016 – 2022,” the medical imaging reagents market was valued at USD 10,425.6 Mn in 2015, and is expected to reach USD 21,326.4 Mn by 2022, expanding at a CAGR of 8.9% from 2016 to 2022.
Imaging reagents play a vital role in the pharmaceutical, medical, biotechnology, life sciences tools, and diagnostic industries. Imaging and detection technologies are applied broadly in biotechnology, medicine, and pharmaceutical research. The major imaging techniques, such as X-ray, computer tomography (CT), ultrasound (US), magnetic resonance imaging (MRI) and nuclear medicine (NM), mainly analyze anatomy and morphology and are unable to detect changes at the molecular level. Additionally, ongoing developments in genomics, proteomics and cellular analysis market are assisted by medical imaging technologies, including fluorescent dyes and probes, quantum dot nanoparticles, and fluorescent proteins.
Thus, overall medical imaging reagent market is expected to grow at a significant CAGR during the forecast period 2016 – 2022. The medical imaging reagents market is categorized on the basis of class, technology and applications. Contrast reagents are widely used in x-ray attenuation, MR signal enhancing and ultrasound scattering and frequency shift. The key factors assisting the growth of diagnostic applications segment is increasing support of governmental and non-governmental bodies to increase public enrollment associated with early disease diagnosis, rising prevalence of lifestyle diseases due to sedentary lifestyle and increasing awareness campaigns associated with the life threatening disease diagnosis across the globe. On the basis of regional analysis North America was observed as the largest market for medical imaging reagents due to the rising incidences of cancer, cardiovascular and neurological diseases, and high awareness strategies applied by governmental and non-governmental bodies specifically to prefer enhanced imaging modalities and reagents.
Browse the full report Medical Imaging Reagents Market – Growth, Share, Opportunities, Competitive Analysis, and Forecast, 2016 – 2022 report at http://www.credenceresearch.com/report/medical-imaging-reagents-market
Market Competition Assessment:
Bayer Healthcare AG, Becton Dickinson & Company, Bracco Imaging SpA, Cardinal Health, Inc., GE Healthcare, Lantheus Medical Imaging, Inc., Mallinckrodt Pharmaceuticals and Thermo Fisher Scientific, Inc. are the key players that dominate the global medical imaging equipment market. The market experts suggested that the medical imaging reagents market is highly capital intensive and requires huge research and development expenditures, hence the well established companies with huge capital reserves are expected to the market throughout the forecast period.
Key Market Movements:
- Rising incidence of cancer, cardiovascular and neurological diseases in Asia Pacific , North America and Europe
- High public awareness about advanced imaging modalities and reagents in developed countries
- Rise in geriatric population and improving healthcare infrastructure in emerging economies from Asia Pacific and Latin America such as China, India, Brazil, Mexico, Indonesia, Malaysia and others.
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
Who we are
Credence Research is a worldwide firm, containing more than 15 research consultants and almost 100 research and information professionals.
Our customers mirror our worldwide nature. Around 45% are in Europe, 30% in the Americas, 13% in Asia Pacific and 12% in the Middle East and Africa.
Our firm is intended to work as one. We are a solitary global research organization united by a solid arrangement of qualities, concentrated on customer effect.
What we do
We serve customers at each level of their organization, in whatever limit we can be most helpful, whether as a trusted counsel to top management or as a hands-on mentor for forefront representatives. For each engagement, we collect a group with the most suitable experience and ability.
No matter the challenge, we concentrate on delivering functional and persevering results, and preparing our customers to develop and lead. We join forces with customers to place suggestions into practice. Our research specialist work straightforwardly with customers over long stretches to create workforce aptitudes, drive operational change, and apply new working strategies.
Name: Chris Smith
Designation: Global Sales Manager
Web: Credence Research
Company Name: Credence Research
Contact Person: Chris Smith, Global Sales Manager
Address:105 N 1st ST #429
City: SAN JOSE
Country: United States