
Contrast Media Injectors Market – Competitive Landscape
Key players functioning in the global prosthetic liners market consists of Lonza Group Ltd., Merck Millipore Corporation, Sanofi-Aventis LLC, AllCells LLC, STEMCELL Technologies, and American Type Culture Collection (ATCC) Inc.
Contrast media injectors allow for the injection of contrast media into targeted areas within the body. The use of these media allows for the creation of detailed imaging scans that easily distinguish one section of tissue from the other. Technology has also become a valuable tool in the treatment of many degenerative diseases, especially those that affect the nervous system. This particular form of therapy is especially effective in combating the adverse effects of multiple sclerosis.
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The introduction of contrast media injectors into radiology has created a more complete method of examining the human body. This medical equipment allows for the study of the nervous system as well as the brain at the same time. The process through which this medical technology is used is highly complicated, as is the information that must be provided to the patient before beginning the procedure. For this reason, most private medical practitioners have opted to outsource the work to medical companies that specialize in the study of contrast media injectors. This outsourcing allows for more sophisticated technology to be utilized in the examination of patients.
The rising prevalence of cancer all across the globe is boosting the growth of the global contrast media injectors market. For instance, according to the World Health Organization (WHO), in 2018, cancer was the leading cause of death in the world, and around 9.6 million deaths were registered that year. Moreover, the rapid increase of investment by various private and government organizations in the treatment and management of severe chronic diseases is also augmenting the growth of the global contrast media injectors market.
The use of contrast media injectors in the field of medical imaging is nothing new. However, the use of these specialized machines has only been utilized in the past few years. Because of the advanced tools that are now available to radiologists, it has become much easier to perform difficult tasks that were once rendered nearly impossible. The use of a sophisticated medical imaging system such as this creates an opportunity for a radiologist to take a very comprehensive view of a patient’s entire body. However, the cost of the contrast media injectors along with the accessories and consumables is the main factor that is posing as a threat to the growth of the global contrast media injectors market.
Owing to the incidence rate of cancer in the region, North America is witnessing high growth in the global contrast media injectors market. For instance, according to the National Cancer Institute, in 2019 there around 1,762,450 new diagnosed cases of cancer in the US. Moreover, the presence of key market players in the region is also enhancing the growth of the global contrast media injectors market. Owing to such factors, there have been significant developments in the global contrast media injectors market. For instance, in 2018 Visipaque (iodixanol) developed by General Electric got approved by the US Food and Drug Administration.
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