Global Contrast Media Revenue Is Nearly 4789 M USD In 2017
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In the last several years, global market of contrast media developed rapidly, with an average growth rate of 6.63%. In 2017, global revenue of contrast media is nearly 4789 M USD; the actual consumption is about 12363 million units.
The classification of contrast media includes X-ray & CT contrast media, MRI contrast media, ultrasound contrast media, and the proportion of X-ray & CT contrast media in 2017 is about 86%.
Contrast media is widely used in hospitals and clinics. The most proportion of contrast media is used in hospitals and the share in 2017 is 79.31%.
North America is the largest consumption place, with a consumption market share nearly 32% in 2017. Following North America, Europe is the second largest consumption place with the consumption market share of 28%.
Market competition is intense. GE, Bayer, Bracco Imaging, etc. are the leaders of the industry, and they hold key technologies and patents, with high-end customers; have been formed in the monopoly position in the industry.