The global microbubbles/ultrasound contrast agents market would reach $797.5 million by 2021 at a CAGR of 28.7% over the period of 2015 to 2021.
Engineering advances in ultrasound technologies over the last decade have resulted in widespread usage of ultrasound for clinical application. Major advancements include evolution of microbubbles and iterative improvement in ultrasound modalities which has led to the miniaturization of devices.
Miniaturization of ultrasound devices, benefits over the alternative technologies, and favorable reimbursement policies for contrast enhanced procedures are the major factors fueling the growth of the microbubble market across the globe. Also, increase in demand for diagnostics & image guided procedures influences the sales of microbubbles.However, complexity involved in conducting CEUS procedures, and limited training & financial resources are major factors that are expected to impede the growth of microbubble market across the globe during forecast period.
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The research report on the microbubble market provides comprehensive analysis of the global market and helps in understanding the driving forces for the growth of this market. The report also provides analysis of major applications such as molecular imaging, gene therapy, drug delivery, and stem cell delivery with their application areas, trends, challenges, and opportunities in this market.
In addition, the report analyzes the global microbubble market by various disease areas such as renal disorder, cardiovascular, and neurology with their drivers, restraints, ongoing research, and future potential.
The market has been segmented by geography as North America, Europe, Asia-Pacific, and Rest of the World (RoW) with a detailed qualitative and quantitative analysis. North America is the major market in the global microbubble market and is expected to dominate this market during the forecast period followed by Europe, and Asia-Pacific.
Lantheus Medical Imaging with its DEFINITY ultrasound contrast imaging agent dominated the global microbubbles/ ultrasound contrast agents market in 2014. The other major players in the global microbubble market include Bracco Imaging S. p. A., Daiichi Sankyo Company, Limited, and GE Healthcare.
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