Contrast Injection Lines Market
Contrast Injection Lines Market - Global Industry Assessment & Forecast
- By Product Type High-Pressure Contrast Injection Line, Low-Pressure Contrast Injection Line
- By Material Type Polyurethane, PVC, Coextruded Nylon/Urethane, Other Material Types
- By Application CT Examination, MRI Examination, Angiography, X-Ray Examination, Other Applications
- By End-User Hospitals, Diagnostic Centers, Ambulatory Surgical Centers
- By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
|Forecast Years:||2022 - 2028|
|Historical Years:||2016 - 2021|
|Revenue 2021:||USD 4,192.3 Billion|
|Revenue 2028:||USD 5,459.4 Billion|
|Revenue CAGR (2022 - 2028):||4.5%|
|Fastest Growing Region (2022 - 2028)||Asia Pacific|
|Largest Region (2021):||Asia Pacific|
- Cross-segment Market Size and Analysis for Mentioned Segments
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- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
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The Global Contrast Injection Lines Market was valued USD 4,192.3 Billion in the year 2021 and is anticipated to reach a value of USD 5,459.4 Billion by the year 2028. The Global Market is forecasted to grow to exhibit a Compound Annual Growth Rate (CAGR) of 4.5% over the forecast period.
Lines for contrast injections support both high and low contrast injections. Contrast Injection Lines are made with the security of injection-molded fittings, quick bubble detection, and a secure catheter connection in mind. There are several materials and designs for contrast injection lines. Braided, non-braided, crossing and flexible lines are all options for contrast injection lines. The most often utilized angiographic intervention technique is Contrast Injection Lines. In the medical field, Contrast Injection Lines are used to improve the scan and image diagnosis process. Through the cannula that will be put into a vein or artery, contrast dye is a fluid that is injected—this fluid aids in enhancing internal body fluid or structural contrast. Contrast Injection Lines are helpful for introducing colors intravenously into the body. It facilitates the safe attachment of the tube.
Contrast Injection Lines Market Size, 2021 To 2028 (USD Billion)
However, the demand for Contrast Injection Lines is anticipated to grow gradually over the assessment period because of the increasing use during the angiographic intervention. In addition, the market is also expected to grow because of the rising number of radiological examination procedures due to the growing patient base in different areas of the world.
The Contrast Injection Lines Market is segmented based on Product Type, Material Type, Application, End-User, and Region. Based on the segment Product Type, the market is sub-segmented into High-Pressure Contrast Injection Line and Low-Pressure Contrast Injection Line. Furthermore, based on the segment Material Type, the market is sub-segmented as Polyurethane, PVC, Coextruded Nylon/Urethane, and Other Material Types. In addition, based on Application, the market is sub-segmented as CT Examination, MRI Examination, Angiography, X-ray Examination, and Other Applications. Finally, based on End-Users, the market is sub-segmented into Hospitals, Diagnostic Centers, and Ambulatory Surgical Centers.
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Based on Product Type:
Based on the segment Product Type, the sub-segment High-Pressure Contrast Injection Line had a substantial share in 2021 in the Global Contrast Injection Lines Market and is projected to witness significant growth during the forecast period. This growth is majorly due to High-Pressure Injection Lines being intended to be used by a licensed medical professional in conjunction with a power injector to administer. Besides, the Low-Pressure Contrast Injection Line is projected to witness moderate growth during the forecast period.
Based on End User:
Based on segment End-User, the global market is sub-segment into Hospitals, Diagnostic Centers, and Ambulatory Surgical Centers. In 2021, the Hospitals sub-segment accounted for a significant share of the worldwide market and was forecast to continue its supremacy over the forecast period of 2022-2028. This dominance is due to the high use of Contrast Injection Lines in hospitals. Besides, the diagnostic centers are estimated to witness moderate growth during the forecast period. The average increase is due to the growing demand for Contrast Injection Lines in the diagnostics centers.
Asia Pacific is Anticipated to Expand at the fastest CAGR during the forecast period
Asia Pacific is expected to expand at the highest Compound Annual Growth Rate (CAGR) during the forecast period. The Asia Pacific is forecast to maintain its top ranking during the review period due to continued government investments in developing the healthcare infrastructure in China and India. Another essential aspect expected to boost the market size for Contrast Injection Lines is the high demand for diagnostic imaging treatments supported by the growing senior population.
The regional market is expected to expand rapidly. This expansion is attributed to advancements in radiological interventional techniques like angiography, computed tomography, and fluoroscopy. Additionally, the region's soaring need for contrast agents to assess the precise body site scans is anticipated to be positive for the Asia Pacific market.
The key players in the Global Contrast Injection Lines Market include- Argon Medical Devices Inc., Shenzhen Axwei Medical Technology Co. Ltd., AngioDynamics (Navilyst Medical Inc.), George Philips Medical Engineering PVT. Ltd., B. Braun Melsungen AG, Merit Medical Systems Inc., Becton Dickinson & Company and others.
Segmentation of the Global Contrast Injection Lines Market:
|Regions & Countries Covered||
|Report Coverage||Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, technology landscape, patent analysis, market attractiveness analysis by segments and North America, company market share analysis, and COVID-19 impact analysis|
Frequently Asked Question
What is the global demand for Contrast Injection Lines in terms of revenue?
The global Contrast Injection Lines valued at USD 4,192.3 Billion in 2020 and is expected to reach USD 5,459.4 Billion in 2028 growing at a CAGR of 4.5%.
Which are the prominent players in the market?
The prominent players in the market are Argon Medical Devices Inc., Shenzhen Axwei Medical Technology Co. Ltd., AngioDynamics (Navilyst Medical Inc.), George Philips Medical Engineering PVT. Ltd., B. Braun Melsungen AG, Merit Medical Systems Inc., Becton Dickinson & Company.
At what CAGR is the market projected to grow within the forecast period?
The market is project to grow at a CAGR of 4.5% between 2021 and 2028.
What are the driving factors fueling the growth of the market.
The driving factors of the Contrast Injection Lines include
- Increasing need to perform MRI, X-Ray, and CT scans
Which region accounted for the largest share in the market?
Asia Pacific was the leading regional segment of the Contrast Injection Lines in 2020.