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(MoneyNewsWire.Net, April 17, 2018 ) The Europe Contrast Media Market is worth USD 1.29 Billion in 2016 and estimated to grow at a CAGR of 5.2%, to reach USD 1.66 billion by 2021. The Europe Contrast Media market is growing at a slow rate.
Contrast medium is a substance utilized as a part of medicinal imaging to upgrade the contrast of liquids or structures inside the body. This assistance in better imaging of anatomical structures and organs by expanding the picture contrast. Thus, these are useful in indicative strategies, for example, CT examines and in some basic surgeries. The worldwide contrast media or contrast specialist market is a genuinely develop and is required to witness solid development driven by expanding imaging conclusion and surgical systems.
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Development of the contrast media or contrast operator market is driven by expanding interest for picture guided diagnostics and strategies, rising mortality of constant ailments, for example, malignancy, gastrointestinal scatters, and heart illnesses, and developing an interest for picture guided surgical methods. Development of the market can likewise be credited to variables, for example, expanding endorsements for contrast operators and rising number of private and government demonstrative communities for enhancing analytic imaging administrations. Besides, expanding research learns about uses of different contrast operators and solid pipeline results of the organizations are anticipated to make new open doors in the worldwide contrast media or specialist market.
The Europe Contrast Media Market is segmented on the basis of procedure, application, route of administration, indication, type, and region. Based on the procedure, the market is segmented into X-ray/Computed Tomography (CT), Magnetic Resonance Imaging (MRI), Ultrasound. Based on application, the market is segmented into Radiology, Interventional Radiology, and Interventional Cardiology. The largest share of radiology segment can be attributed to the growing number of diagnostic procedures/centers coupled with the increasing disease burden on countries. Based on the route of administration, the market is segmented into Oral Contrast Media, Injectable Contrast Media, Rectal Contrast Media, Urethral Contrast Media. Based on the indication, the market is segmented into Cardiovascular Disorders, Oncology, Gastrointestinal Disorders, Musculoskeletal Disorders, Neurological Disorders, Nephrological Disorders. Based on the type, the market is segmented into Barium-Based Contrast Media, Iodinated Contrast Media, Gadolinium-Based Contrast Media, Microbubble Contrast Media.
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The Europe Contrast Media Market has been geographically segmented into Germany, U.K, France, Spain, and Italy. The Europe had low CAGR during the forecast period. The reasons for the same might be the government policies.
CMC Contrast AB (Sweden), Daiichi Sankyo (Japan), Bayer HealthCare (Germany), GE Healthcare (U.S.), Guerbet Group (France), Bracco Imaging S.p.A. (Italy) in 2015. Lantheus Medical Imaging (U.S.), nanoPET Pharma GmbH (Germany), and Subhra Pharma Private Limited (India).are the leaders in the Europe Contrast Media market.
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