Global Contrast Medium Market to Clock 4.4% CAGR from 2022-28

Contrast Medium (or contrast agents) is a substance used to increase the contrast of structures or fluids within the body in medical imaging. Contrast agents absorb or alter external electromagnetism or ultrasound, which is different from radiopharmaceuticals, which emit radiation themselves. Contrast Medium, enhance the radiodensity in a target tissue or structure.

Europe is the largest Contrast Medium market with about 60% market share. North America is follower, accounting for about 26% market share.

The key players are GE, Bayer, Bracco Imaging, Guerbet Group, Hengrui Medicine, Lantheus, YRPG, BeiLu Pharma, Philips, Siemens etc. Top 3 companies occupied about 61% market share.

The global Contrast Medium market was valued at US$ 5573.3 million in 2020 and is expected to reach US$ 7564.3 million by the end of 2027, growing at a CAGR of 4.4% during 2021-2027.

This report focuses on Contrast Medium volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Contrast Medium market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Asia-Pacific, Latin America and Middle East & Africa.

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The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type

  • X-ray & CT
  • MRI
  • Ultrasound

Segment by Application

  • Hospitals
  • Clinics

By Company

  • GE
  • Bayer
  • Bracco Imaging
  • Guerbet Group
  • Hengrui Medicine
  • Lantheus
  • YRPG
  • BeiLu Pharma
  • Philips
  • Siemens

Production by Region

  • North America
  • Europe
  • China

Consumption by Region

  • North America (United States, Canada)
  • Europe (Germany, France, U.K., Italy, Russia)
  • Asia-Pacific (China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia)
  • Latin America (Mexico, Brazil, Argentina)
  • Middle East & Africa (Turkey, Saudi Arabia, UAE)


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