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(Medical-NewsWire.com, October 12, 2017 ) The Europe Contrast Injector Market was worth USD 112.13 million in 2016 and is projected to be growing at a CAGR of 7.5%, to touch USD 160.97 million by 2021. The main function of a Contrast Injector is to inject contrast media into the blood stream. Present day injectors offer substantial benefits such as the integration of IT and the utility of computer controlled system which deliver total control over the injection parameters.
Contrast Injectors also known as pressure/power injectors are extensively used in the fields of magnetic resonance imaging (MRI), computed tomography and interventional radiology. Contrast Injectors have the ability to deliver exact amounts of contrast agents at desirable flow rates which aids substantially in medical imaging procedures.
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The growth of the Europe Contrast Injector Market is mainly driven by the increasing approvals for contrast media use, supported by the rapid inclusion of IT in this sector. IT integration has been welcomed in developed economies of Europe, as its integration rids the risk of human error almost completely. Other driving factors include the cost savings offered by automated injectors and the increasing number of public and private diagnostic centres. However, side reactions and side effects related to the use of contrast media are expected to be the factors limiting market growth, to a certain extent.
The Europe Contrast Injector Market is segmented on the basis of Product, Application and Geography. Based on the Product, the Contrast Injector market is allocated into injector systems, consumables, and accessories. The injector systems segment is further distributed into CT injector systems, MRI injector systems, and angiography injector systems. The consumables segment is further segmented into injector heads, syringes, tubing, and other consumables (scan bags, valves, vials, and spikes). The injector heads segment is further categorized into single head injectors, dual head injectors, and syringeless injectors. On the basis of application, the contrast injector market is segmented into radiology, interventional cardiology, and interventional radiology.
The Europe market has been geographically segmented into Germany, U.K, France, Spain, and Italy. Europe holds the second position in terms of market share globally. There is potential for market growth due to the presence of some untapped markets coupled with the rising approvals for the use of contrast media. The development of IT integrated and automated contrast injectors is expected to enrich market growth in the region.
The significant players in the Europe Contrast Injector Market are Bracco Imaging S.p.A. (Italy), Bayer HealthCare (Germany), Guerbet Group (France), Medtron AG (Germany), ulrich GmbH & Co. KG (Germany), GE Healthcare (U.S.), AngioDynamics (U.S.), Nemoto Kyorindo Co., Ltd. (Japan), Sino Medical- Device Technology Co., Ltd. (China), VIVID IMAGING (China), and Apollo RT Co., Ltd. (China).
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Market Segmentation
1)Product
Introduction
Injector Systems
CT Injector Systems
MRI Injector Systems
Angiography Injector Systems
Consumables
Injector Heads
Syringes
Tubing
Other Consumables
2) Accessories
Y-o-Y Growth Analysis, By Product
Market Attractiveness Analysis, By Product
Market Share Analysis, By Product
3) Application
Introduction
Radiology
Interventional Cardiology
Interventional Radiology
Y-o-Y Growth Analysis, By Application
Market Attractiveness Analysis, By Application
Market Share Analysis, By Application
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Scope of the report:
Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analysing the level of competition and business strategy development
A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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