Contrast Injector Market by Product (Injector
Systems (CT Injector, MRI Injector),
Consumables (Injector Head, Tubing),
Accessories), & Application (Radiology,
Interventional Cardiology, Interventional
Radiology) - Global Forecast to 2021
No of Pages – 128
Publishing Date - May 10, 2017
Browse detailed TOC, Tables, Figures, Charts in Contrast Injector Market by Product
(Injector Systems (CT Injector, MRI Injector), Consumables (Injector Head, Tubing),
Accessories), & Application (Radiology, Interventional Cardiology, Interventional Radiology) -
Global Forecast to 2021 at - https://www.absolutereports.com/10794762
The contrast injector market is projected to reach USD 636.1 million by 2021 from USD 445.5
million in 2016, growing at a CAGR of 7.4% in the next five years (2016 to 2021). The contrast
injector market growth can primarily be attributed to factors such as the large number of approvals
for contrast agents in different geographies and increasing number of public and private diagnostic
centers. On the other hand, the side effects and allergic reactions associated with contrast agents are
expected to limit the market growth to a certain extent.
The global contrast injector market is segmented on the basis of product, application, and region. In
2016, North America is expected to account for the largest share of the global contrast injector
market, followed by Europe, Asia-Pacific, and the Rest of the World (RoW). Asia-Pacific is
projected to have the highest growth rate in the forecast period. The high growth rate of this segment
can be attributed to factors such as rising aging population and cancer incidences, expansion of
international players in China and India, increasing R&D investments in China, and favorable
regulatory changes in New Zealand and Australia.
The market witnesses high competitive intensity, as there are several big and many small firms with
similar product offerings. These companies adopt various strategies (market developments (product
approvals); product deployment; product launch; and other strategies (grants, award & recognition,
investment, expansion, agreements, and acquisitions) to increase their market shares and establish a
strong foothold in the global market.