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Author: Himanshu Patni
February 17, 2023
Global contrast media injection sets market is expected to register a CAGR of approx. 5% over the period of 2022-2028. Contrast media administration sets, or injection sets are made to regulate the number of contrast agents that are actually supplied to an administration system (such as an injector) in order to prevent waste and regulate the total amount of contrast agents used for a single procedure. When performing various imaging tests like computed tomography (CT), magnetic resonance imaging (MRI), radiography, and occasionally ultrasound imaging, contrast media are used to increase the contrast of bodily fluids for better imaging. With the aid of contrast media, blood vessels can be seen, allowing for the examination of the spine, kidneys, and internal organs of the brain. Contrast media aids in the differentiation of different body parts with similar compositions, and thus, contrast media. The global contrast media injection sets market is growing due to the increasing prevalence of cardiovascular disease around the globe. For instance, according to the CDC,about 697,000 people in the United States died from heart disease in 2020, that’s 1 in every 5 deaths.One person dies every 34 seconds in the United States from cardiovascular disease. Owing to these glaring statistics the demand for contrast media injection sets is anticipated to grow in the forthcoming years as the increasing volume of patients suffering from heart disease boosted the growth of the contrast media injection sets industry. Moreover, rising investment and grants by the government are fueling the demand for the contrast media injection sets market. Furthermore, technological advancement and awareness about the advantages of contrast media injection sets over other techniques are expected to drive the market for the contrast media injection sets market in the coming years.
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Based on the product, the contrast media injection sets market is segmented into contrast media injection sets with a bore vented tubing, contrast media injection sets with a vented bifurcated standard bore, contrast media injection sets with a vented pressurized spike, and others. The contrast media injection sets with a bore vented tubing segment accounted for a significant market share and it is estimated that it will grow rapidly during the projected timeframe. Professionals frequently use these products because they are simple to use and more widely available than other product categories.
Based on the end-user, the market is fragmented into hospitals, cancer research institutes, diagnostic imaging centers, and others. The diagnostic imaging centers segment grabbed a considerable market share, and it is expected to grow at a significant CAGR during the forecast period. Increased procedure volume, combined with patient convenience, and a lack of imaging modalities in small and medium-sized hospitals are boosting segment growth. In order to improve ease of use and create products that can help control the waste of contrast agents, manufacturers of contrast media injection sets are concentrating on creating more innovative sets.
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For a better understanding of the market adoption of the contrast media injection sets, the market is analyzed based on its worldwide presence in the countries such as North America (U.S., Canada, and Rest of North America), Europe (Germany, France, Italy, Spain, U.K., and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, and Rest of APAC), and Rest of World. North America constitutes a major market for the contrast media injection sets industry owing to increased nuclear imaging procedures and the availability of high-end products. Moreover, the presence of well-established healthcare facilities, growing advanced technologies, as well as rising healthcare spending boost the market growth in this region.
Some of the major players operating in the market include Bayer AG; ulrich GmbH & Co. KG; Medtron AG; ICU Medical, Inc; B. Braun SE; Apollo Rt Co. Ltd; Nemoto Kyorindo Co. Ltd; Guerbet Group; GE Healthcare; and Shenzhen Anke High-tech Co. Ltd.
Global Contrast Media Injection Sets Market Segmentation
Market Insight, by Product
· Contrast Media Injection Sets with a Bore Vented Tubing
· Contrast Media Injection Sets with a Vented Bifurcated Standard Bore
· Contrast Media Injection Sets with a Vented Pressurized Spike
· Others
Market Insight, by End-User
· Hospitals
· Cancer Research Institutes
· Diagnostic Imaging Centers
· Others
Market Insight, by Region
· North America
o United States
o Canada
o Rest of North America
· Europe
o France
o Germany
o Italy
o Spain
o United Kingdom
o Rest of Europe
· Asia-Pacific
o China
o India
o Australia
o Japan
o Rest of Asia-Pacific
· Rest of World
Top Company Profiles
· Bayer AG
· ulrich GmbH & Co. KG
· Medtron AG
· ICU Medical, Inc
· B. Braun SE
· Apollo Rt Co. Ltd
· Nemoto Kyorindo Co. Ltd
· Guerbet Group
· GE Healthcare
· Shenzhen Anke High-tech Co. Ltd
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