North America Iodinated Contrast Media In Interventional X Ray Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2025 –2032 |
Market Size (Base Year) |
USD 1.24 Billion |
Market Size (Forecast Year) |
USD 1.95 Billion |
CAGR |
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Major Markets Players |
North America Iodinated Contrast Media in Interventional X-Ray Market Segmentation, By Route of Administration (Intravenous, Oral, Rectal, Others), Indication (Cardiology, Neurology, General Surgery, Oncology, Urology), Agent Type (Non-Ionic, Ionic), End User (Hospital/Clinical Laboratories, Physician Offices, Reference Laboratories and Other End Users), Distribution Channel (Direct Tender, Retail Sales and Other) – Industry Trends and Forecast to 2032
Iodinated Contrast Media in Interventional X-Ray Market Analysis
The North America iodinated contrast media in interventional X-Ray market is expected to witness significant growth during the forecast period. According to the National Health Council records, in 2020, approximately 157 million people in the U.S. were affected by chronic diseases, out of which about 81 million had multiple conditions, which is indicative of a high occurrence of chronic conditions. Rising preference towards iodinated contrast media from traditional contrast media is boosting the market during the forecast period.
Iodinated Contrast Media in Interventional X-Ray Market Size
North America iodinated contrast media in interventional x-ray market size was valued at USD 1.24 billion in 2024 and is projected to reach USD 1.95 billion by 2032, with a CAGR of 5.8% during the forecast period of 2025 to 2032.
Report Scope and Market Segmentation
Attributes |
Iodinated Contrast Media in Interventional X-Ray Key Market Insights |
Segmentation |
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Countries Covered |
U.S., Canada, Mexico |
Key Market Players |
Bayer AG (Germany), Iso-Tex Diagnostics, Inc. (U.S.), Bracco Diagnostic Inc. (Italy), Novalek Pharmaceuticals Pvt. Ltd. (India), Taejoon Pharm (South Korea), Unijules Life Sciences Ltd (India), General Electric (U.S.), Guerbet (France), JB Pharma (India) |
Market Opportunities |
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Iodinated Contrast Media in Interventional X-Ray Market Definition
Iodinated contrast media in interventional X-ray is important for healthcare practitioners make appropriate clinical and diagnostic decisions across numerous levels of health care services. Iodinated contrast media are contrast agents containing iodine atoms that are used in x-ray imaging modalities such as computed tomography (CT). They can also be used in fluoroscopy, angiography, and venography, as well as, on rare occasions, plain radiography. It is used for X-ray procedures like CT, angiography, coronary angiography, arthrography, myelography, and gastrointestinal fluoroscopic studies. For MRI studies, gadolinium contrast agents are used.
Iodinated Contrast Media in Interventional X-Ray Market Dynamics
Drivers
- Growing Rate of Complex Comorbidities
The rising prevalence of complex comorbidities and long-term diseases has led to an upsurge in diagnostic imaging tests, which includes ultrasound, X-rays, and advanced imaging technology such as MRI & CT scans. For instance, in November 2019, GE Healthcare received the U.S. FDA approval for Clariscan, which is a contrast agent used for macrocyclic MRI. These products help identify the need for perioperative scans before surgeries and treatment in interventional procedures, boosting the market growth.
- Higher Demand of Hospitals
The rising demand of hospitals increase the market growth rapidly. Most chronic disease diagnostics are majorly carried out in hospitals as they are very complex in nature and it requires technologically advanced products and thus this is driving the market for hospital/clinical laboratories.
Opportunities
- Rise in Chronic Diseases
The incidence of chronic conditions with multiple comorbidities is higher among elderly adults. As per the records of the National Council on Aging, almost 80% of people aged 65 and above suffer from at least one chronic condition, with nearly 70% of Medicare beneficiaries suffering from more than 2 chronic conditions, and approximately 77.0 million people in the U.S. are estimated to be aged 65 & above by 2034. Thus, this factor create more opportunity for the market growth
- Increased Drug Approvals
Several FDA approval for iodinated contrast agent will also surge the commercialization of new iodinated products in the market. As a result, many approvals for iodinated agents will help in the growth of iodinated contrast media in interventional X-Ray market. For instance, In March 2017, the Food and Drug Administration (FDA) approved GE Healthcare Visipaque (iodixanol) imaging agent. Thus, increasing drug approvals boost the growth of the market.
Restraints/Challenges
- Lack of skilled professionals
The lack of qualified personnel who cannot use these diagnostic techniques could curb the growth of the North America iodinated contrast media in interventional X-Ray market over a forecast period.
- High Cost
The huge expenditure required for setting up these techniques surely hamper the market growth. Several market players make huge investment in installing new and advanced machines to faster the process and in return the cost is increased.
This North America iodinated contrast media in interventional X-Ray market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the North America iodinated contrast media in interventional X-Ray market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Iodinated Contrast Media in Interventional X-Ray Market Scope
The North America iodinated contrast media in interventional X-Ray market is segmented on the basis of route of administration, indication, agent type, end-user and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Route of Administration
- Intravenous
- Oral
- Rectal
- Others
Indication
- Cardiology
- Neurology
- General Surgery
- Oncology
- Urology
Agent Type
- Non-Ionic
- Ionic
End User
- Hospital/Clinical Laboratories
- Physician Offices
- Reference Laboratories
- Others
Distribution Channel
- Direct Tender
- Retail Sales
- Other
Iodinated Contrast Media in Interventional X-Ray Market Regional Analysis
The North America iodinated contrast media in interventional X-Ray market is analyzed and market size insights and trends are provided by route of administration, indication, agent type, end-user and distribution channel as referenced above.
The major countries covered in the North America iodinated contrast media in interventional X-Ray market report are the U.S., Canada, and Mexico.
U.S. is growing with a highest growth rate due to the increased number of cardiovascular CT procedure and high adoption of contrast agent in diagnostic testing for chronic diseases such as cardiac disorders, stroke, chronic lung disease and many others.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Iodinated Contrast Media in Interventional X-Ray Market Share
The North America iodinated contrast media in interventional X-Ray market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to North America iodinated contrast media in interventional X-Ray market.
Iodinated Contrast Media in Interventional X-Ray Market Leaders Operating in the Market Are:
- Bayer AG (Germany)
- Iso-Tex Diagnostics, Inc. (U.S.)
- Bracco Diagnostic Inc. (Italy)
- Novalek Pharmaceuticals Pvt. Ltd. (India)
- Taejoon Pharm (South Korea)
- Unijules Life Sciences Ltd (India)
- General Electric (U.S.)
- Guerbet (France)
- JB Pharma (India)
Latest Developments in Iodinated Contrast Media in Interventional X-Ray Market
- In June 2019, General Electric and Daiichi Sankyo Company signed an agreement that Daiichi Sankyo to transfer the authorization of marketing rights for four diagnostic imaging agents in Japan to GE Healthcare. After completing this agreement, the company expanded its diagnostic imaging agents in Japan. This will help company to grow its business in the market.
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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