Analysis and Forecasts by Product (Injector Systems, Consumables and Accessories); Application (Interventional Cardiology, Interventional Radiology and Radiology); and Country
The North America contrast media injectors market is expected to reach US$ 507.8 Mn in 2027 from US$ 271.0 Mn in 2018. The market is estimated to grow with a CAGR of 7.3% from 2019-2027.
The growth of the market is driven by the factors such as, increasing number of approvals for contrast agents and increasing number of patients suffering with chronic diseases. However, the market is likely to get impacted due to side effects associated with the contrast media agents and shortage of skilled professionals in the region.
In an aging society where chronic diseases is a leading factor in the health system, technical advancements are necessary to preserve the quality of life through keeping the affordable prices. Chronic diseases can be defined as medical conditions that lasts for one year or more and requires ongoing medical attention or limit activities of daily living.
Chronic diseases such as cancer, heart diseases, musculoskeletal diseases and others are the leading causes of death and disability that requires several imaging modalities for diagnostic and treatment monitoring purposes. According to the National Center for Chronic Disease Prevention and Health Promotion, chronic diseases takes up US$3.3 trillion in annual health care costs.
According to the Centers for Disease Control & Prevention (CDC), 6 in 10 adults in the US are suffering with chronic diseases. Moreover, the CDC also reports that 4 in 10 adults have two or more chronic cases. Moreover, according to the U.S. Department of Health and Human Services, 133 million Americans are living with one chronic disease.
Moreover, they account for 81% of hospital admissions; 91% of all prescriptions filled; and 76% of all physician visits. The U.S. employers and employees are paying for the high costs of chronic disease through the increase in health costs associated with greater demand for and use of health care services. Thus, the increasing pool of patients suffering with chronic diseases that demands medical imaging techniques are likely to be responsible to boost the growth of contrast media injectors market in the US over the coming years.
US is expected to lead the market in the North America region owing to increasing number of approvals for contrast agents and increasing number of patients suffering with chronic diseases. However, side effects associated with the contrast media agents is anticipated to restrain the market growth. Therefore, considering the above mentioned factors the growth of the market in the country is likely to contribute largest share in the North America region during the forecast period.
Mexico Contrast Media Injectors Market Revenue and Forecasts to 2027 (US$ Mn)
NORTH AMERICA CONTRAST MEDIA INJECTORS – MARKET SEGMENTATION
By Product
Injector Systems
MRI Injector Systems
CT Injector Systems
Angiography Injector Systems
Consumables
Injector Heads
Single Head Injectors
Dual Head Injectors
Syringe less Injectors
Tubing
Syringes
Other Consumables
Accessories
By Application
Interventional Cardiology
Interventional Radiology
Radiology
By Geography
North America
US
Canada
Mexico
Company Profiles
Boston Scientific Corporation
Shenzhen Xinguan Electromechanical Co. Ltd.
ulrich GmbH & Co.KG.
APOLLO RT Co. Ltd.
Bracco Imaging S.p.A.
Guerbet SA
Cook Medical Incorporated
Smiths Medical
Sino Medical-Device Technology Co., Ltd.,
Bayer AG
Nemoto Kyorindo Co., Ltd.
General Electric
AngioDynamics.
North America Contrast Media Injectors Market Strategic Insights
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North America Contrast Media Injectors Market Segmentation Analysis
North America Contrast Media Injectors Market Report Highlights
North America Contrast Media Injectors Report Scope
Report Attribute
Details
Market size in 2018
US$ 271.0 Million
Market Size by 2027
US$ 507.8 Million
CAGR (2019 - 2027)
7.3%
Historical Data
2016-2017
Forecast period
2019-2027
Segments Covered
By Product
Injector Systems
Consumables and Accessories
By Application
Interventional Cardiology
Interventional Radiology and Radiology
Regions and Countries Covered
North America
US, Canada, Mexico
Market leaders and key company profiles
Boston Scientific Corporation
Shenzhen Xinguan Electromechanical Co. Ltd.
ulrich GmbH & Co.KG.
APOLLO RT Co. Ltd.
Bracco Imaging S.p.A.
Guerbet SA
Cook Medical Incorporated
Smiths Medical
Sino Medical-Device Technology Co., Ltd.,
Bayer AG
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North America Contrast Media Injectors Market Country and Regional Insights
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Identical Market Reports with other Region/Countries
The List of Companies - North America Contrast Media Injectors Market
The List of Companies - North America Contrast Media Injectors Market1. Boston Scientific Corporation2. Shenzhen Xinguan Electromechanical Co. Ltd.3. ulrich GmbH & Co.KG.4. APOLLO RT Co. Ltd.5. Bracco Imaging S.p.A.6. Guerbet SA7. Cook Medical Incorporated8. Smiths Medical9. Sino Medical-Device Technology Co., Ltd., 10. Bayer AG11. Nemoto Kyorindo Co., Ltd.12. General Electric13. AngioDynamics
Frequently Asked Questions
How big is the North America Contrast Media Injectors Market?
The North America Contrast Media Injectors Market is valued at US$ 271.0 Million in 2018, it is projected to reach US$ 507.8 Million by 2027.
What is the CAGR for North America Contrast Media Injectors Market by (2019 - 2027)?
As per our report North America Contrast Media Injectors Market, the market size is valued at US$ 271.0 Million in 2018, projecting it to reach US$ 507.8 Million by 2027. This translates to a CAGR of approximately 7.3% during the forecast period.
What segments are covered in this report?
The North America Contrast Media Injectors Market report typically cover these key segments-
Product (Injector Systems, Consumables and Accessories)
Application (Interventional Cardiology, Interventional Radiology and Radiology)
What is the historic period, base year, and forecast period taken for North America Contrast Media Injectors Market?
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Contrast Media Injectors Market report:
Historic Period : 2016-2017
Base Year : 2018
Forecast Period : 2019-2027
Who are the major players in North America Contrast Media Injectors Market?
The North America Contrast Media Injectors Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
Boston Scientific Corporation
Shenzhen Xinguan Electromechanical Co. Ltd.
ulrich GmbH & Co.KG.
APOLLO RT Co. Ltd.
Bracco Imaging S.p.A.
Guerbet SA
Cook Medical Incorporated
Smiths Medical
Sino Medical-Device Technology Co., Ltd.,
Bayer AG
Nemoto Kyorindo Co., Ltd.
General Electric
AngioDynamics
Who should buy this report?
The North America Contrast Media Injectors Market report is valuable for diverse stakeholders, including:
Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.
Essentially, anyone involved in or considering involvement in the North America Contrast Media Injectors Market value chain can benefit from the information contained in a comprehensive market report.