The objective of the study is to analyze the key market dynamics such as drivers, opportunities, challenges, restraints, and key player strategies. To track company developments such as product launches and approvals, expansions, and collaborations of the leading players, the competitive landscape of the contrast media market to analyze market players on various parameters within the broad categories of business and product strategy. Top-down and bottom-up approaches were used to estimate the market size. To estimate the market size of segments and subsegments the market breakdown and data triangulation were used.
The four steps involved in estimating the market size are
Collecting Secondary Data
The secondary research data collection process involves the usage of secondary sources, directories, databases (such as Bloomberg Businessweek, Factiva, and D&B), annual reports, investor presentations, and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and commercial study of the contrast media market. A database of the key industry leaders was also prepared using secondary research.
Collecting Primary Data
The primary research data was conducted after acquiring knowledge about the contrast media market scenario through secondary research. A significant number of primary interviews were conducted with stakeholders from both the demand side (such as doctors, nurses, and hospital purchase managers) and supply side (such as included various industry experts, such as Directors, Chief X Officers (CXOs), Vice Presidents (VPs) from business development, marketing and product development teams, product manufacturers, wholesalers, channel partners, and distributors) across major countries of North America, Europe, Asia Pacific, and Rest of the World. Approximately 45% of the primary interviews were conducted with stakeholders from the demand side while those from the supply side accounted for the remaining 55%. Primary data for this report was collected through questionnaires, emails, and telephonic interviews.
A breakdown of the primary respondents is provided below:
Breakdown of Primary Participants:
Note 1: Others include sales managers, marketing managers, and product managers.
Note 2: Tiers of companies are defined based on their total revenue. As of 2022, Tier 1 = >USD 5 billion, Tier 2 = USD 500 million to USD 5 billion, and Tier 3 = <USD 500 million.
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COMPANY NAME
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DESIGNATION
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Bracco Imaging S.p.A (Italy)
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Regional Sales Manager
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GE Healthcare (US)
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VP Marketing
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Guerbet (France)
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Product Manager
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Trivitron Healthcare (India)
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Distribution Head
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Market Size Estimation
All major product manufacturers offering various contrast media were identified at the global/regional level. Revenue mapping was done for the major players and was extrapolated to arrive at the global market value of each type of segment. The market value contrast media market was also split into various segments and subsegments at the region and country level based on:
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Product mapping of various manufacturers for each type of contrast media market at the regional and country-level
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Relative adoption pattern of each contrast media market among key application segments at the regional and/or country-level
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Detailed primary research to gather qualitative and quantitative information related to segments and subsegments at the regional and/or country level.
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Detailed secondary research to gauge the prevailing market trends at the regional and/or country level
Global Contrast Media Market Size: Bottom Up Approach
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Global Contrast Media Market Size: Top Down Approach
Data Triangulation
After arriving at the overall market size—using the market size estimation processes—the market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, the data triangulation, and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides in the contrast media industry.
Market Definition
Contrast media are chemical agents used in diagnostic imaging procedures. These formulations help in enhancing the images of body structures and organs when visualized during medical procedures like X-ray, CT, MRI, and ultrasound.
Key Stakeholders
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Senior Management
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End User
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Finance/Procurement Department
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R&D Department
Report Objectives
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To provide detailed information about the factors influencing the market growth (such as drivers, restraints, opportunities, and challenges)
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To define, describe, segment, and forecast the contrast media market by type, form, modality, route of administration, indication, application, end user, and region
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To analyze market opportunities for stakeholders and provide details of the competitive landscape for key players
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To analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall contrast media market
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To forecast the size of the contrast media market in four main regions along with their respective key countries, namely, North America, Europe, the Asia Pacific and Rest of the World
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To profile key players in the contrast media market and comprehensively analyze their core competencies and market shares
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To track and analyze competitive developments, such as product launches and approvals; expansions; and collaborations, of the leading players in the contrast media market
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To benchmark players within the contrast media market using the Competitive Leadership Mapping framework, which analyzes market players on various parameters within the broad categories of business and product strategy
Available Customizations
MarketsandMarkets offers the following customizations for this market report
Country Information
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Additional country-level analysis of the contrast media market
Company profiles
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Additional three company profiles of players operating in the contrast media market.
Product Analysis
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Product matrix, which provides a detailed comparison of the product portfolio of each company in the contrast media market
MarketsandMarkets
Jun, 2022
1) The contrast media/contrast agents market is segmented into barium-based contrast media, iodinated contrast media, gadolinium-based contrast media, and microbubble contrast media. In 2020, the iodinated contrast media segment accounted for the largest share of XX of the contrast media/contrast agents market. The large share of this segment can be attributed to the increasing demand for early disease diagnosis and image-guided procedures (resulting in a rising volume of CT and Xray procedures). 2) The barium-based contrast media market is expected to register low growth due to its limited use in various procedures and the associated adverse effects of these agents on organs. 3) Microbubble contrast agents are generally regarded as safe to use and are gaining popularity because of the large number of ongoing academic research activities exploring various attributes of microbubbles in off-label indications (in diagnosis as well as drug delivery). The growing number of approvals for microbubble contrast agents in major markets is also driving the growth of this market segment..
Pisal
May, 2022
We need the list of vendors in Contrast Media Market. Please help .
Elan
May, 2022
Can you please help us with study related to contrast media injectors market ?.
M.Y.Zahid
Nov, 2019
We intend to import and sale to our customer non ionic contract media, X-Ray, Angiography, CT, MRI users, Please send us price list. M.Y.Zahid, [email protected].