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The North America Contrast Media Injectors Market is expected to reach US$ 507.8 Mn in 2027 from US$ 271.0 Mn in 2018. The market is estimated to grow with a CAGR of 7.3% from 2019-2027.
The North America Contrast Media Injectors Market is poised for significant growth, primarily fueled by a rising number of approvals for contrast agents and a growing patient population afflicted with chronic diseases. These chronic conditions, including cancer, heart disease, and musculoskeletal disorders, necessitate frequent diagnostic and treatment monitoring procedures utilizing various medical imaging modalities. The substantial economic burden of chronic diseases is evident in the US, where the National Center for Chronic Disease Prevention and Health Promotion estimates an annual healthcare cost of US$3.3 trillion.
The prevalence of chronic diseases in the US is striking, with the Centers for Disease Control & Prevention (CDC) reporting that 6 in 10 adults live with at least one chronic condition, and 4 in 10 adults have two or more. Further highlighting the impact, the U.S. Department of Health and Human Services indicates that 133 million Americans are affected by chronic diseases, accounting for a significant proportion of healthcare utilization, including 81% of hospital admissions, 91% of prescriptions filled, and 76% of physician visits. The escalating healthcare costs associated with this demand are borne by both employers and employees. Consequently, the expanding pool of patients with chronic diseases requiring medical imaging is expected to be a major driver for the growth of the North America Contrast Media Injectors Market in the US in the coming years.
Within North America, the US is projected to be the leading North America Contrast Media Injectors Market. This dominance is attributed to the increasing approvals for contrast agents and the high prevalence of chronic diseases within the country. However, the market's growth potential could be tempered by concerns regarding the side effects associated with contrast media agents and a potential shortage of skilled professionals in the region. Despite these challenges, the confluence of increasing approvals and a large patient base with chronic conditions suggests that the US market will likely contribute the largest share to the North America Contrast Media Injectors Market during the forecast period.
North America Contrast Media Injectors Market Segmentation
North America Contrast Media Injectors Market By Product
Injector Systems
MRI Injector Systems
CT Injector Systems
Angiography Injector Systems
Consumables
Injector Heads
Single Head Injectors
Dual Head Injectors
Syringe less Injectors
Tubing
Syringes
Other Consumables
Accessories
North America Contrast Media Injectors Market By Application
Interventional Cardiology
Interventional Radiology
Radiology
North America Contrast Media Injectors Market By Geography
North America
US
Canada
Mexico
North America Contrast Media Injectors Market Company Profiles
Boston Scientific Corporation
Shenzhen Xinguan Electromechanical Co. Ltd.
ulrich GmbH & Co.KG.
APOLLO RT Co. Ltd.
Bracco Imaging S.p.A.
Guerbet SA
Cook Medical Incorporated
Smiths Medical
Sino Medical-Device Technology Co., Ltd.,
Bayer AG
Nemoto Kyorindo Co., Ltd.
General Electric
AngioDynamics.
North America Contrast Media Injectors Market Strategic Insights:
Strategic insights for the North America Contrast Media Injectors market offer a data-centric analysis of the current market dynamics, key market participants, and specific regional characteristics. These insights aim to provide actionable recommendations that empower stakeholders – including investors, manufacturers, and others – to gain a competitive edge. By leveraging data analytics, these insights facilitate the identification of underserved market segments and the development of differentiated value propositions. Furthermore, they enable industry players to anticipate market shifts, allowing for proactive strategic adjustments and positioning for sustained success in this evolving region. Ultimately, these strategic insights are crucial for informed decision-making, driving profitability, and achieving business objectives within the North America Contrast Media Injectors Market.
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About Us:
Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications.
Author’s Bio:
Suryakant Gadekar
Senior Market Research Expert at Business Market Insights
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