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Global Medical Imaging Reagents Market Size, Industry Analysis By Segmentations, Top Key Players, Trends, Future Development & Forecast 2024-2035

  • PUBLISHED ON
  • 9/22/2022
  • NO OF PAGES
  • 208
  • CATEGORY
  • Healthcare & Life Sciences

Market Overview:

The global medical imaging reagents market was valued at USD 15.6 billion in 2022 and is expected to reach USD 31.2 billion by 2032, growing at a CAGR of 7.8% during the forecast period. The medical imaging reagents market refers to the segment of the healthcare industry that is concerned with the development, production, and distribution of reagents used in various medical imaging techniques, such as X-ray, ultrasound, computed tomography (CT), magnetic resonance imaging (MRI), and positron emission tomography (PET). These reagents are used to enhance the visibility of tissues and organs during imaging procedures, and thereby improve the accuracy of diagnosis and treatment of various medical conditions.

The medical imaging reagents market is expected to grow in the coming years, driven by factors such as the increasing prevalence of chronic diseases, growing demand for non-invasive diagnostic procedures, and technological advancements in medical imaging techniques. Additionally, the growing aging population and rising healthcare expenditure are expected to boost the demand for medical imaging reagents. Some of the key trends and opportunities in the medical imaging reagents market include the increasing adoption of molecular imaging techniques, such as PET and SPECT, the development of novel imaging agents for improved diagnostic accuracy, and the growing demand for imaging reagents in emerging markets. Overall, the medical imaging reagents market is a dynamic and rapidly evolving industry, driven by the increasing demand for accurate and reliable diagnostic procedures.

Driver: Growing prevalence of chronic diseases is propelling Medical Imaging Reagents Market growth.

One driving factor for the medical imaging reagents market is the increasing prevalence of chronic diseases such as cancer and cardiovascular diseases. Medical imaging techniques such as computed tomography (CT), magnetic resonance imaging (MRI), and positron emission tomography (PET) scans are essential tools for the diagnosis, staging, and treatment planning of these diseases. Medical imaging reagents are used to enhance the visibility of anatomical structures or biochemical processes within the body during these imaging procedures. With the growing prevalence of chronic diseases worldwide, there is an increasing demand for medical imaging reagents to aid in their diagnosis and treatment. Additionally, advancements in medical imaging technology and the development of novel imaging reagents are further driving the growth of Medical Imaging Reagents Market.

Segmentation:

By Type:

·         Contrast reagents

·         Optical reagents

·         Nuclear reagents

·         MRI reagents

By Application:

·         Radiography

·         CT

·         Ultrasound

·         MRI

·         Nuclear imaging

By Modality:

·         X-ray/CT

·         Ultrasound

·         MRI

·         Nuclear imaging

Geography:

The global medical imaging reagents market is dominated by North America, followed by Europe and the Asia Pacific. North America is the largest market due to the high prevalence of cancer and cardiovascular diseases, increasing aging population, and the presence of well-established healthcare infrastructure. In addition, the increasing adoption of advanced imaging technologies, such as PET and SPECT, and the growing demand for personalized medicine are driving the growth of the medical imaging reagents market in North America. Furthermore, the presence of major players in the region, such as GE Healthcare, Thermo Fisher Scientific, and Siemens Healthineers, is contributing to the dominance of North America in the global medical imaging reagents market.

Demand-Supply Analysis: Global Medical Imaging Reagents Market

Demand and supply analysis of the Medical Imaging Reagents Market involves examining Medical Imaging Reagents Market forces of demand and supply that affect the pricing and availability of medical imaging reagents. On the demand side, factors such as increasing prevalence of chronic diseases, rising geriatric population, and growing demand for non-invasive diagnostic procedures are driving the demand for medical imaging reagents. Moreover, advancements in medical imaging technologies, increasing focus on early disease diagnosis, and growing awareness regarding the benefits of diagnostic imaging procedures are further contributing to the demand for medical imaging reagents. On the supply side, factors such as availability of raw materials, manufacturing capacity, production costs, and regulatory framework are affecting the supply of medical imaging reagents. The production of medical imaging reagents requires a variety of raw materials, including chemicals, radioactive isotopes, and biological materials. The availability and cost of these raw materials can impact the production capacity and cost of medical imaging reagents. Additionally, regulatory requirements related to the production and use of medical imaging reagents can also affect the supply of these products. Strict regulations related to the safety and efficacy of medical imaging reagents can result in delays in product development and approval, which can impact the supply of these products. Overall, the demand for medical imaging reagents is expected to continue to grow in the coming years, driven by the increasing prevalence of chronic diseases and the growing demand for non-invasive diagnostic procedures. However, the supply of these products may be affected by factors such as the availability and cost of raw materials, manufacturing capacity, and regulatory requirements.

PEST Analysis: Global Medical Imaging Reagents Market

Political: Government regulations and policies regarding healthcare and medical devices can affect the development and distribution of imaging reagents. Political instability or changes in government can lead to changes in healthcare policies that could impact Medical Imaging Reagents Market.

Economic: Healthcare expenditure and funding can influence the demand for imaging reagents. Economic conditions and GDP growth can affect the affordability and accessibility of imaging reagents.

Social: The aging population and increasing prevalence of chronic diseases such as cancer and cardiovascular diseases are driving the demand for medical imaging reagents. Increasing awareness and acceptance of diagnostic imaging as a crucial tool for early disease detection is driving the growth of Medical Imaging Reagents Market.

Technological: Advances in imaging technology and the development of new imaging modalities are creating opportunities for the medical imaging reagents market. Innovations in reagents for molecular imaging, such as PET tracers, are expanding the scope of Medical Imaging Reagents Market.

Company Profiles:

·         GE Healthcare

·         Bracco Imaging S.p.A.

·         Bayer AG

·         Guerbet Group

·         Lantheus Medical Imaging

·         Mallinckrodt Pharmaceuticals

·         Merck KGaA

·         PerkinElmer, Inc.

·         ProMedica International Corp.

·         Sanofi S.A.

·         Siemens Healthineers

·         Thermo Fisher Scientific Inc.

·         Trivitron Healthcare

·         VWR International LLC

·         Zeiss Group

 


 

Why to buy this Report?

Market research: The report provides valuable insights into market trends, growth opportunities, and competitive landscapes. By reading a technology report, businesses and investors can gain a better understanding of Medical Imaging Reagents Market they are operating in or considering entering, and make more informed decisions based on data and analysis.

Competitive analysis: The report reports provide detailed information on competitors' strengths, weaknesses, and strategies, which can help businesses identify potential threats and opportunities in Medical Imaging Reagents Market.

Innovation: The report provides insights into emerging technologies and trends, which can help businesses stay up-to-date with the latest developments and make informed decisions about where to invest their resources.

Due diligence: The report can be used by investors and acquirers as part of their due diligence process when considering investing in or acquiring a technology company. These reports can provide valuable information on the company's financials, technology, market position, and other key factors.


Global Medical Imaging Reagents Market: Market Size Estimation
Both the top-down and bottom-up approaches were used to estimate and validate the size of the market and to estimate the size of various other dependent sub-markets of various marketspaces. The key players in the markets are identified through secondary research, and their market contributions in different applications across regions and globally were determined through primary and secondary research. This entire process included the study of the annual and financial reports of the top market players and extensive interviews for key insights with industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All the possible parameters that affect the market covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analysed to arrive at the final quantitative and qualitative data. This data has been consolidated, and detailed inputs and analysis from Analytics Market Research added before being presented in this report.

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Base Year: 2023
Historic Year: 2016-2022
Forecast: 2024-2035


1 Medical Imaging Reagents Market Definition and Overview
1.1 Objectives of the Study
1.2 Overview of Medical Imaging Reagents
1.3 Medical Imaging Reagents Market Scope and Market Size Estimation
1.4 Market Segmentation
1.4.1 Types of Medical Imaging Reagents
1.4.2 Applications of Medical Imaging Reagents
1.5 Market Exchange Rate

2 Research Method and Logic
2.1 Methodology
2.2 Research Data Source

3 Market Competition Analysis
3.1 Promega Corporation Market Performance Analysis
3.1.1 Promega Corporation Basic Information
3.1.2 Product and Service Analysis
3.1.3 Strategies for Company to Deal with the Impact of COVID-19
3.1.4 Promega Corporation Sales, Value, Price, Gross Margin 2016-2021
3.2 Mallinckrodt Pharmaceuticals Market Performance Analysis
3.2.1 Mallinckrodt Pharmaceuticals Basic Information
3.2.2 Product and Service Analysis
3.2.3 Strategies for Company to Deal with the Impact of COVID-19
3.2.4 Mallinckrodt Pharmaceuticals Sales, Value, Price, Gross Margin 2016-2021
3.3 Danaher Corporation Market Performance Analysis
3.3.1 Danaher Corporation Basic Information
3.3.2 Product and Service Analysis
3.3.3 Strategies for Company to Deal with the Impact of COVID-19
3.3.4 Danaher Corporation Sales, Value, Price, Gross Margin 2016-2021
3.4 Cardinal Health, Inc Market Performance Analysis
3.4.1 Cardinal Health, Inc Basic Information
3.4.2 Product and Service Analysis
3.4.3 Strategies for Company to Deal with the Impact of COVID-19
3.4.4 Cardinal Health, Inc Sales, Value, Price, Gross Margin 2016-2021
3.5 Bracco Imaging SpA Market Performance Analysis
3.5.1 Bracco Imaging SpA Basic Information
3.5.2 Product and Service Analysis
3.5.3 Strategies for Company to Deal with the Impact of COVID-19
3.5.4 Bracco Imaging SpA Sales, Value, Price, Gross Margin 2016-2021
3.6 Becton Dickinson & Company Market Performance Analysis
3.6.1 Becton Dickinson & Company Basic Information
3.6.2 Product and Service Analysis
3.6.3 Strategies for Company to Deal with the Impact of COVID-19
3.6.4 Becton Dickinson & Company Sales, Value, Price, Gross Margin 2016-2021
3.7 Siemens Healthcare Market Performance Analysis
3.7.1 Siemens Healthcare Basic Information
3.7.2 Product and Service Analysis
3.7.3 Strategies for Company to Deal with the Impact of COVID-19
3.7.4 Siemens Healthcare Sales, Value, Price, Gross Margin 2016-2021
3.8 Bayer Healthcare AG Market Performance Analysis
3.8.1 Bayer Healthcare AG Basic Information
3.8.2 Product and Service Analysis
3.8.3 Strategies for Company to Deal with the Impact of COVID-19
3.8.4 Bayer Healthcare AG Sales, Value, Price, Gross Margin 2016-2021
3.9 Lantheus Medical Imaging, Inc Market Performance Analysis
3.9.1 Lantheus Medical Imaging, Inc Basic Information
3.9.2 Product and Service Analysis
3.9.3 Strategies for Company to Deal with the Impact of COVID-19
3.9.4 Lantheus Medical Imaging, Inc Sales, Value, Price, Gross Margin 2016-2021
3.10 Thermo Fisher Scientific, Inc Market Performance Analysis
3.10.1 Thermo Fisher Scientific, Inc Basic Information
3.10.2 Product and Service Analysis
3.10.3 Strategies for Company to Deal with the Impact of COVID-19
3.10.4 Thermo Fisher Scientific, Inc Sales, Value, Price, Gross Margin 2016-2021

4 Market Segment by Type, Historical Data and Market Forecasts
4.1 Global Medical Imaging Reagents Production and Value by Type
4.1.1 Global Medical Imaging Reagents Production by Type 2016-2021
4.1.2 Global Medical Imaging Reagents Market Value by Type 2016-2021
4.2 Global Medical Imaging Reagents Market Production, Value and Growth Rate by Type 2016-2021
4.2.1 Contrast Reagents Market Production, Value and Growth Rate
4.2.2 Optical Reagents Market Production, Value and Growth Rate
4.2.3 Nuclear Reagents Market Production, Value and Growth Rate
4.3 Global Medical Imaging Reagents Production and Value Forecast by Type
4.3.1 Global Medical Imaging Reagents Production Forecast by Type 2021-2026
4.3.2 Global Medical Imaging Reagents Market Value Forecast by Type 2021-2026
4.4 Global Medical Imaging Reagents Market Production, Value and Growth Rate by Type Forecast 2021-2026
4.4.1 Contrast Reagents Market Production, Value and Growth Rate Forecast
4.4.2 Optical Reagents Market Production, Value and Growth Rate Forecast
4.4.3 Nuclear Reagents Market Production, Value and Growth Rate Forecast

5 Market Segment by Application, Historical Data and Market Forecasts
5.1 Global Medical Imaging Reagents Consumption and Value by Application
5.1.1 Global Medical Imaging Reagents Consumption by Application 2016-2021
5.1.2 Global Medical Imaging Reagents Market Value by Application 2016-2021
5.2 Global Medical Imaging Reagents Market Consumption, Value and Growth Rate by Application 2016-2021
5.2.1 Diagnostics Market Consumption, Value and Growth Rate
5.2.2 Drug Discovery and Development Market Consumption, Value and Growth Rate
5.2.3 Research and Development Market Consumption, Value and Growth Rate
5.3 Global Medical Imaging Reagents Consumption and Value Forecast by Application
5.3.1 Global Medical Imaging Reagents Consumption Forecast by Application 2021-2026
5.3.2 Global Medical Imaging Reagents Market Value Forecast by Application 2021-2026
5.4 Global Medical Imaging Reagents Market Consumption, Value and Growth Rate by Application Forecast 2021-2026
5.4.1 Diagnostics Market Consumption, Value and Growth Rate Forecast
5.4.2 Drug Discovery and Development Market Consumption, Value and Growth Rate Forecast
5.4.3 Research and Development Market Consumption, Value and Growth Rate Forecast

6 Global Medical Imaging Reagents by Region, Historical Data and Market Forecasts
6.1 Global Medical Imaging Reagents Sales by Region 2016-2021
6.2 Global Medical Imaging Reagents Market Value by Region 2016-2021
6.3 Global Medical Imaging Reagents Market Sales, Value and Growth Rate by Region 2016-2021
6.3.1 North America
6.3.2 Europe
6.3.3 Asia Pacific
6.3.4 South America
6.3.5 Middle East and Africa
6.4 Global Medical Imaging Reagents Sales Forecast by Region 2021-2026
6.5 Global Medical Imaging Reagents Market Value Forecast by Region 2021-2026
6.6 Global Medical Imaging Reagents Market Sales, Value and Growth Rate Forecast by Region 2021-2026
6.6.1 North America
6.6.2 Europe
6.6.3 Asia Pacific
6.6.4 South America
6.6.5 Middle East and Africa

7 United State Market Size Analysis 2016-2026
7.1 United State Medical Imaging Reagents Value and Market Growth 2016-2021
7.2 United State Medical Imaging Reagents Sales and Market Growth 2016-2021
7.3 United State Medical Imaging Reagents Market Value Forecast 2021-2026

8 Canada Market Size Analysis 2016-2026
8.1 Canada Medical Imaging Reagents Value and Market Growth 2016-2021
8.2 Canada Medical Imaging Reagents Sales and Market Growth 2016-2021
8.3 Canada Medical Imaging Reagents Market Value Forecast 2021-2026

9 Germany Market Size Analysis 2016-2026
9.1 Germany Medical Imaging Reagents Value and Market Growth 2016-2021
9.2 Germany Medical Imaging Reagents Sales and Market Growth 2016-2021
9.3 Germany Medical Imaging Reagents Market Value Forecast 2021-2026

10 UK Market Size Analysis 2016-2026
10.1 UK Medical Imaging Reagents Value and Market Growth 2016-2021
10.2 UK Medical Imaging Reagents Sales and Market Growth 2016-2021
10.3 UK Medical Imaging Reagents Market Value Forecast 2021-2026

11 France Market Size Analysis 2016-2026
11.1 France Medical Imaging Reagents Value and Market Growth 2016-2021
11.2 France Medical Imaging Reagents Sales and Market Growth 2016-2021
11.3 France Medical Imaging Reagents Market Value Forecast 2021-2026

12 Italy Market Size Analysis 2016-2026
12.1 Italy Medical Imaging Reagents Value and Market Growth 2016-2021
12.2 Italy Medical Imaging Reagents Sales and Market Growth 2016-2021
12.3 Italy Medical Imaging Reagents Market Value Forecast 2021-2026

13 Spain Market Size Analysis 2016-2026
13.1 Spain Medical Imaging Reagents Value and Market Growth 2016-2021
13.2 Spain Medical Imaging Reagents Sales and Market Growth 2016-2021
13.3 Spain Medical Imaging Reagents Market Value Forecast 2021-2026

14 Russia Market Size Analysis 2016-2026
14.1 Russia Medical Imaging Reagents Value and Market Growth 2016-2021
14.2 Russia Medical Imaging Reagents Sales and Market Growth 2016-2021
14.3 Russia Medical Imaging Reagents Market Value Forecast 2021-2026

15 China Market Size Analysis 2016-2026
15.1 China Medical Imaging Reagents Value and Market Growth 2016-2021
15.2 China Medical Imaging Reagents Sales and Market Growth 2016-2021
15.3 China Medical Imaging Reagents Market Value Forecast 2021-2026

16 Japan Market Size Analysis 2016-2026
16.1 Japan Medical Imaging Reagents Value and Market Growth 2016-2021
16.2 Japan Medical Imaging Reagents Sales and Market Growth 2016-2021
16.3 Japan Medical Imaging Reagents Market Value Forecast 2021-2026

17 South Korea Market Size Analysis 2016-2026
17.1 South Korea Medical Imaging Reagents Value and Market Growth 2016-2021
17.2 South Korea Medical Imaging Reagents Sales and Market Growth 2016-2021
17.3 South Korea Medical Imaging Reagents Market Value Forecast 2021-2026

18 Australia Market Size Analysis 2016-2026
18.1 Australia Medical Imaging Reagents Value and Market Growth 2016-2021
18.2 Australia Medical Imaging Reagents Sales and Market Growth 2016-2021
18.3 Australia Medical Imaging Reagents Market Value Forecast 2021-2026

19 Thailand Market Size Analysis 2016-2026
19.1 Thailand Medical Imaging Reagents Value and Market Growth 2016-2021
19.2 Thailand Medical Imaging Reagents Sales and Market Growth 2016-2021
19.3 Thailand Medical Imaging Reagents Market Value Forecast 2021-2026

20 Brazil Market Size Analysis 2016-2026
20.1 Brazil Medical Imaging Reagents Value and Market Growth 2016-2021
20.2 Brazil Medical Imaging Reagents Sales and Market Growth 2016-2021
20.3 Brazil Medical Imaging Reagents Market Value Forecast 2021-2026

21 Argentina Market Size Analysis 2016-2026
21.1 Argentina Medical Imaging Reagents Value and Market Growth 2016-2021
21.2 Argentina Medical Imaging Reagents Sales and Market Growth 2016-2021
21.3 Argentina Medical Imaging Reagents Market Value Forecast 2021-2026

22 Chile Market Size Analysis 2016-2026
22.1 Chile Medical Imaging Reagents Value and Market Growth 2016-2021
22.2 Chile Medical Imaging Reagents Sales and Market Growth 2016-2021
22.3 Chile Medical Imaging Reagents Market Value Forecast 2021-2026

23 South Africa Market Size Analysis 2016-2026
23.1 South Africa Medical Imaging Reagents Value and Market Growth 2016-2021
23.2 South Africa Medical Imaging Reagents Sales and Market Growth 2016-2021
23.3 South Africa Medical Imaging Reagents Market Value Forecast 2021-2026

24 Egypt Market Size Analysis 2016-2026
24.1 Egypt Medical Imaging Reagents Value and Market Growth 2016-2021
24.2 Egypt Medical Imaging Reagents Sales and Market Growth 2016-2021
24.3 Egypt Medical Imaging Reagents Market Value Forecast 2021-2026

25 UAE Market Size Analysis 2016-2026
25.1 UAE Medical Imaging Reagents Value and Market Growth 2016-2021
25.2 UAE Medical Imaging Reagents Sales and Market Growth 2016-2021
25.3 UAE Medical Imaging Reagents Market Value Forecast 2021-2026

26 Saudi Arabia Market Size Analysis 2016-2026
26.1 Saudi Arabia Medical Imaging Reagents Value and Market Growth 2016-2021
26.2 Saudi Arabia Medical Imaging Reagents Sales and Market Growth 2016-2021
26.3 Saudi Arabia Medical Imaging Reagents Market Value Forecast 2021-2026

27 Market Dynamic Analysis and Development Suggestions
27.1 Market Drivers
27.2 Market Development Constraints
27.3 PEST Analysis
27.3.1 Political Factors
27.3.2 Economic Factors
27.3.3 Social Factors
27.3.4 Technological Factors
27.4 Industry Trends Under COVID-19
27.4.1 Risk Assessment on COVID-19
27.4.2 Assessment of the Overall Impact of COVID-19 on the Industry
27.4.3 Pre COVID-19 and Post COVID-19 Market Scenario
27.5 Market Entry Strategy Analysis
27.5.1 Market Definition
27.5.2 Client
27.5.3 Distribution Model
27.5.4 Product Messaging and Positioning
27.5.5 Price
27.6 Advice on Entering the Market

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Case Study- Automotive Sector

One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached Straits Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).

Solution

The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research

The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.

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In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.

Case Study- ICT Sector

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Conclusion

The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2028.


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