(PharmaNewsWire.Com, April 13, 2023 ) As per Maximize Market research, the total global market for “Contrast Media Market” was USD 4 Bn in 2021 and is expected to grow at a CAGR of 3.5 percent over the forecast period to reach USD 5.27 Bn by 2029
Contrast Media Market Report Scope and Research Methodology
The Contrast Media Market report is a combination of secondary and primary data, which makes it error-free and authentic. It provides a detailed analysis of current, past and future market dynamics including opportunities, drivers, restraints and challenges. The bottom-up approach was used to estimate the Contrast Media Market size.
The major factors for the growth of the contrast media market include the increase in the incidences of chronic diseases, rising demand for image-guided procedures and diagnostics, and a large number of approvals for contrast agents. Side effects and allergic reactions associated with contrast agents are restraints of the Contrast Media Market.
Contrast Media Market Regional Insights
The North American region dominated the market with a 44 % share in 2021. The Asia Pacific region is expected to witness significant growth at a CAGR of 4% through the forecast period. This can be due to the region's established local and international manufacturers.
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