Global Contrast Media Injectors Market by Products, End-users, Regions, Market Size, Share and Trends, Forecast 2020–2026
Global Contrast Media Injectors Market is valued to reach USD 1.6 billion by 2025, registering a CAGR of 5.6% over the forecast period 2020–2026. Key factors augmenting the market are rising demand for timely diagnosis, growing demand for minimally invasive surgical procedures and availability of advanced injector systems for diagnosis and intraoperative imaging.
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The major factors attributing to the growth of the contrast media injectors market are increasing demand for minimally invasive surgeries, and even the technological advancements are helping the market growth along with the increasing number of regulatory approvals.
For instance, there have been several advancements in contrast media injector technology, to reduce contrast media waste and to automate data collection regarding the dose a patient receives. Such as the automated injector systems precisely collects the amount of contrast media used, and vendors have started offering personalized doses for the patients using the information pulled from EMR or PACS. One such advancement in reducing contrast media waste is syringeless injectors.
Most of the companies are developing innovative products to reduce contrast media waste and gain a competitive advantage. Bracco has developed smart syringeless injectors, which are able to use every drop of contrast loaded into the system for maximum economy. The smart injectors record the amount injected and imaging protocol used and send the information to the PACS. These constant technological advancements in the contrast media injector technology are expected to boost the contrast media injector market during the forecast period.
Market Trends, Drivers, Restraints, and Opportunities:
- Minimally-invasive medical procedures offer numerous benefits, for instance shorter hospital stays, lesser cuts and thus smaller surgical wounds, quicker wound healing, and lesser pain. Moreover, usage of contrast media injectors in minimally-invasive medical procedures provides superior real-time imaging of the operating spot. Therefore, growing demand for minimally-invasive surgical procedures is projected to fuel the global contrast media injectors market by 2026.
- Technological advancements in contrast media injectors boost the growth of the market.
- However, the disinclination to approve novel technologies and dearth of trained experts are some aspects that are projected to hamper the growth of the market.
- Research to develop high-tech and advanced contrast media injectors, comprising automated and dual-head injectors, and IT-enabled solutions for syringe less devices by market players, is likely to create grown opportunities in the market.
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