Global Contrast Media Market Research Report 2021

Contrast media (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 media, enhance the radiodensity in a target tissue or structure.
Contrast agents are commonly used to improve the visibility of blood vessels and the gastrointestinal tract.
Several types of contrast media are in use in medical imaging and they can roughly be classified based on the imaging modalities where they are used. Most common contrast agents work based on X-ray attenuation and magnetic resonance signal enhancement.
The classification of contrast media includes X-ray & CT contrast media, MRI contrast media, ultrasound contrast media, and the proportion of X-ray & CT contrast media in 2017 is about 86%.
Contrast media is widely used in hospitals and clinics. The most proportion of contrast media is used in hospitals and the revenue in 2017 is 3796 M USD.
North America is the largest consumption place, with a consumption market share nearly 32% in 2017. Following North America, Europe is the second largest consumption place with the consumption market share of 28%.
Market competition is intense. GE, Bayer, Bracco Imaging, etc. are the leaders of the industry, and they hold key technologies and patents, with high-end customers; have been formed in the monopoly position in the industry.

The global Contrast Media market was valued at US$ 5284.3 million in 2019 and is expected to reach US$ 7363.9 million by the end of 2026, growing at a CAGR of 4.8% during 2021-2026.
This report focuses on Contrast Media volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Contrast Media 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.

Global Contrast Media Market: Segment Analysis
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 Contrast Media
MRI Contrast Media
Ultrasound Contrast Media

Segment by Application
Hospitals
Clinics

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E

By Company
GE
Bayer
Bracco Imaging
Guerbet Group
Hengrui Medicine
Lantheus
YRPG
BeiLu Pharma