Continual Rise in Imaging Procedures to Propel Global Contrast Media Injectors to US$886.7 mn by 2020 Transparency Market Research (TMR) has published a research study on the global contrast media injectors market, estimating the market to expand at a CAGR of 5.0% during the period from 2014 to 2020 and reach a value of US$886.7 mn by the end of the forecast period.The report, titled “Contrast Media Injectors Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020�, further states that the worldwide contrast media injectors market stood at US$630.1 mn in 2013.
According to this market study, the continual rise in the usage of imaging procedures such as MRI, CT, and others is creating a huge demand for effective contrast media injectors, thus driving this global market. The technical advances in these injectors, resulting in an efficient workflow, is likely to add to the growth prospects of the contrast media injectors market across the world over the forecast period. Apart from this, the increasing demand for pre-diagnosis from patients is leading to a rise in imaging procedures, which is expected to raise the uptake of contrast media injectors significantly in the near future. On the other hand, analysts project the high cost of highly developed contrast media injectors and the increase in the incidence of adverse reactions to contrast media to hamper the market’s growth over the forecast period.The global contrast media injectors market has been broadly classified into MR injectors, vascular injectors, and CT injectors on the basis of type of injectors, and into neurology, oncology, and cardiology on the basis of application. Based on region, the worldwide market for contrast media injectors has been segmented into North America, Asia Pacific, Europe, and the Rest of the World, states the report. Read Full Report: http://www.transparencymarketresearch.com/contrast-media-injectors.html The market for CT injectors leads the global contrast media injectors market, owing to the huge base of installed CT machines and low cost associated with scanning through CT as compared to PET and MRI. The MR injectors market is also reporting a significant rise at present. The neurology segment reports the highest demand for contrast media injectors among application segments, notes the research study.In 2013, the markets for contrast media injectors in North America and Europe collectively accounted for more than 60% of the overall market, acquiring the leading position. However, the Asia Pacific contrast media injectors market is likely to register the fastest growth among all the regional markets at a CAGR of 6.5% between 2014 and