According to the report Contrast Injector Market, published by Market Data Forecast, the Latin America market is projected to reach USD 93.48 million by 2021, at a CAGR of 6.8% from 2016 to 2021.
Contrast media injectors are utilized by medical imaging which inject a radio-opaque contrast media in the human body for visualizing and highlighting particular parts of the body. Contrast media are substances which improve the visibility of tissues and therefore help in providing a diagnostic treatment for the patient with greater precision.
They are used in clinical applications and radiological procedures. The contrast media injectors market is fuelled by the development of sophisticated diagnostic and imaging technology.
The growing cases of cancer and other diseases have led to the demand for precise and effective diagnosis requirement. With the technological advancements, the market is anticipated to witness significant growth in the forecast period.
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Latin America Contrast Injector Market: Drivers & Restraints
Growing cases of several types of cancers, trauma cases, cardiac diseases, and rising aging population are few major factors propelling the growth of Latin America contrast injectors market. Additionally, rising demand for early diagnosis and non-invasive diagnosis is driving the growth of the market.
But still, increased costs and FDA approval concern in several countries are few of the factors anticipated to hinder the growth of the Latin America contrast media injectors market.
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Latin America Contrast Injector Market: Segmentation
- Injector Systems
o CT Injector Systems
o MRI Injector Systems
o Angiography Injector Systems
o Injector Heads
o Other Consumables
- Interventional Cardiology
- Interventional Radiology
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Latin America Contrast Injector Market: Overview
The CT injector systems category is anticipated to command the largest share of the market in 2016. The MRI injector systems category is estimated to grow at the highest CAGR during the aforementioned forecast period.
The consumables category is anticipated to command the largest share of the market in 2016. The growth of the consumables category is because of the recurring use in every procedure conducted.
The injector heads category is projected to command the largest share of the consumables market in 2016. The single head injector’s category is anticipated to command the largest share of the market in 2016.
The syringeless injectors segment is estimated to grow at the highest CAGR during the aforementioned forecast period.
Latin America Contrast Injector Market: Region-wise Outlook
By geography, the Latin America market is segregated into Mexico, Brazil, Chile, Argentina and others. Brazil is one of the largest markets in this region followed by Mexico, Argentina, and Columbia.
There is potential for market growth in the future due to increasing approvals for the use of contrast media and the rising infrastructural investments for private and public diagnostic centres.
Key Questions Answered
- What is the current and future Contrast Injector Market outlook in Latin America? What trends are affecting the Latin America market?
- What is the competitive landscape and market share of major players in the Contrast Injector space in Latin America?
- What are the key, high growth markets that Contrast Injector manufacturers should expand into? Which market segments are growing the fastest?
- What are the unmet needs with the Contrast Injector currently on the market? How will emerging technologies fulfil these unmet needs?
- What is physician perception and market outlook of Contrast Injector?
- What are the challenges and barriers that have hindered widespread adoption of Contrast Injector?
Latin America Contrast Injector Market: Key Players
Major companies include Guerbet Group (France), Medtron AG (Germany), ulrich GmbH & Co. KG (Germany), Bracco Imaging S.p.A. (Italy), Bayer HealthCare (Germany), Sino Medical- Device Technology Co., Ltd. (China), GE Healthcare (U.S.), AngioDynamics (U.S.), Nemoto Kyorindo Co., Ltd. (Japan), VIVID IMAGING (China), and Apollo RT Co., Ltd. (China).
Reasons to access Contrast Injector Market Report:
- regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is prospering
- Segment-level analysis on basis of product type, application, colour along with market size forecasts and y-o-y estimations to detect key areas of industry growth in detail
- Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
- Study of macro and micro environmental factors that affect the market presented in an extensive strategic analyses section containing PESTLE and Porter’s Five Forces Analyses
- A comprehensive listing of key market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and Analyst overview to study and sustain the market environment
- Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
- Expertly devised Market Outlook along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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