We are monitoring the impact of COVID-19 & Recession alarm on Latin America Contrast Media Market Get in touch with us for detailed analysis Know More
Share on

Latin America Contrast Media Market Research Report - Segmented By Medical Procedure, Route of Administration, Type, Indication, Application & Country (Brazil, Mexico, Argentina, Chile and Rest of Latin America) - Industry Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast (2022 to 2027)

Published: January, 2022
ID: 3289
Pages: 145

Latin America Contrast Media Market Size (2022 to 2027)

As per the research report, the Latin America Contrast Media Market size has been forecasted at USD 0.29 Billion in 2022. It is estimated to grow at a CAGR of 3% and worth USD 0.33 billion by 2027. The Latin American Contrast Media market is rising at a superior speed.

Contrast media is used to enhance image quality in medical imaging. It is commonly used to see blood vessels. The factors boosting the growth of the Latin America contrast media market are increasing demand for diagnostic procedures, the increased prevalence for chronic diseases such as cardiovascular disorders and gastrointestinal ailments, technological advancements in the field of contrast media, increasing incidence & mortality of cancer & cardiac diseases, and growth of healthcare infrastructure in developing economies. As per the World Health Organization (WHO), by 2025, chronic diseases will account for three-quarters of global deaths, and those 70-75% of deaths will be caused due to cardiovascular diseases. CVS is one of the leading causes of death in Brazil. This exponential increase will raise the market growth rate.

The rising prevalence of neurological disorders, high hospital admission rate, and increased radiographic systems adoption is anticipated to promote the market growth for contrast media in Latin America during the forecast period. The MRI-based contrast media is used to diagnose in the field of oncology and extend malignancies. Innovative products, such as dual contrast media, can also help differentiate the normal tissue from cancerous tissue growth coupled with sensitive biomarkers to indicate their growth.

Better healthcare systems and education is anticipated to drive the Latin America contrast media market in upcoming years. With proper awareness and funds, periodic screening of patients for certain diseases such as breast and colorectal cancer will help early detection and treatment. Therefore, there is substantial demand for newer and compatible novel contrast media that can be safely used for critical patients, namely in people suffering from acute kidney injury and chronic kidney disease. This growing demand for better contrast media features, with lesser side effects, accessible administration technology helps the market growth during the forecast period.

However, lack of healthcare awareness and undergoing healthcare reimbursement policies are estimated to restrain contrast media market growth in Latin America. Additionally, most of the contrast media will cause side effects, allergic and adverse reactions, and hence are not patient-friendly, which are expected to impose a negative impact on the market growth during the forecast period.

This research report on the Latin America contrast media market has been segmented and sub-segmented into the following categories:

By Medical Procedure:         

  • X-Ray/CT  
  • MRI            
  • Ultrasound              

By Route of Administration:

  • Injectable Contrasts Media             
  • Oral Contrasts Media         
  • Rectal Contrasts Media     
  • Urethral Contrasts Media

By Type:

  • Iodinated
  • Gadolinium-Based
  • Microbubble
  • Barium- Based

By Indications: 

  • Cardiovascular Disorders
  • Oncology
  • Neurological Disorders
  • Gastrointestinal Disorders
  • Nephrological Disorders
  • Musculoskeletal Disorders    

By Application: 

  • Radiology
  • Interventional Radiology
  • Interventional Cardiology

By Country: 

  • Mexico
  • Brazil
  • Argentina
  • Chile
  • Rest of Latin America

In 2020, the Brazilian contrast media market held the most significant share in the Latin America contrast media market, which is expected to continue over the forecast period. This market growth can be easy availability of the contrast media in the market owing to easy imports from the U.S. With quick and rapid approvals from the FDA, the products can reach the Brazilian market faster. The market is thriving on reaching the unmet market need due to the large population in the region.

Argentina was the second-largest regional market for contrast media in Latin America in 2020. Factors such as the increase in chronic diseases, like CVS and CNS diseases, and the rise in the geriatric population are the major driving factors for Argentina's market growth. An estimated 31,300 patients (24%) were deceased in July 2018. The estimated number of deaths in 2018 was 25,300, yielding a notorious death rate of 20%; this is due to the increasing proportion of elderly patients and patients suffering from chronic ailments.

However, the contrast media market in Mexico is estimated to grow at the highest CAGR during the forecast period. The rising prevalence of cancer, the growing healthcare system, favorable government initiatives are the significant factors driving the growth of the market in Mexico. In addition, other Latin American countries such as Peru, Ecuador, and Columbia will also show promising growth rates due to the growing opportunities in the market in the upcoming years.

KEY MARKET PLAYERS:

A few of the prominent companies operating in the Latin America contrast media market profiled in the report are CMC Contrast AB (Sweden), Daiichi Sankyo (Japan), Bayer HealthCare (Germany), GE Healthcare (U.S.), Guerbet Group (France), Bracco Imaging S.p.A. (Italy), Lantheus Medical Imaging (U.S.), nanoPET Pharma GmbH (Germany), and Subhra Pharma Private Limited (India).

1.Introduction         

                1.1 Market Definition     

                1.2 Study Deliverables   

                1.3 Base Currency, Base Year and Forecast Periods 

                1.4 General Study Assumptions 

2. Research Methodology                  

                2.1 Introduction      

                2.2 Research Phases       

                                2.2.1 Secondary Research                                           

                                2.2.2 Primary Research                                 

                                2.2.3 Econometric Modelling                                      

                                2.2.4 Expert Validation                                  

                2.3 Analysis Design

                2.4 Study Timeline 

3. Overview              

                3.1 Executive Summary 

                3.2 Key Inferences

                3.3 Epidemology     

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)           

                4.1 Market Drivers 

                4.2 Market Restraints     

                4.3 Key Challenges

                4.4 Current Opportunities in the Market     

5. Market Segmentation                     

                5.1 Medical Procedure   

                                5.1.1 Introduction                                           

                                5.1.2 X-Ray/CT                                  

                                5.1.3 MRI                                            

                                5.1.4 Ultrasound                                              

                                5.1.5  Y-o-Y Growth Analysis, By Medical Procedure                                        

                                5.1.6  Market Attractiveness Analysis, By Medical Procedure                                      

                                5.1.7  Market Share Analysis, By Medical Procedure                                        

                5.2 Route of Administration        

                                5.2.1 Introduction                                           

                                5.2.2 Injectable Contrasts Media                                              

                                5.2.3 Oral Contrasts Media                                          

                                5.2.4 Rectal Contrasts Media                                      

                                5.2.5 Urethral Contrasts Media                                 

                                5.2.6 Y-o-Y Growth Analysis, By Route of Administration                                               

                                5.2.7 Market Attractiveness Analysis, By Route of Administration                                             

                                5.2.8 Market Share Analysis, By Route of Administration                                              

                5.3 Type     

                                5.3.1 Introduction                                           

                                5.3.2 Iodinated Contrasts Media                                              

                                5.3.3 Gadolinium-Based Contrasts Media                                             

                                5.3.4 Microbubble Contrasts Media                                        

                                5.3.5 Barium- Based Contrasts Media                                     

                                5.3.6 Y-o-Y Growth Analysis, By Type                                     

                                5.3.7  Market Attractiveness Analysis, By Type                                  

                                5.3.8  Market Share Analysis, By Type                                    

                5.4  Indications  

                                5.4.1 Introduction                                           

                                5.4.2 Cardiovascular Disorders                                   

                                5.4.3 Oncology                                 

                                5.4.4 Neurological Disorders                                       

                                5.4.5 Gastrointestinal Disorders                                

                                5.4.6 Nephrological Disorders                                    

                                5.4.7 Musculoskeletal Disorders

                                5.4.8 Y-o-Y Growth Analysis, By  Indications                                        

                                5.4.9  Market Attractiveness Analysis, By  Indications                                     

                                5.4.10  Market Share Analysis, By  Indications                                     

                5.5 Application  

                                5.5.1 Introduction                                           

                                5.5.2 Radiology                                 

                                5.5.3 Interventional Cardiology                                 

                                5.5.4 Interventional Radiology                                   

                                5.5.5 Y-o-Y Growth Analysis, By  Application                                        

                                5.5.6  Market Attractiveness Analysis, By Application                                      

                                5.5.7  Market Share Analysis, By Application                                       

6. Geographical Analysis                     

                6.1 Introduction      

                                6.1.1 Regional Trends                                    

                                6.1.2 Impact Analysis                                     

                                6.1.3 Y-o-Y Growth Analysis                                        

6.1.3.1 By Geographical Area                     

6.1.3.2 By Medical Procedure                    

6.1.3.3 By Route of Administration                          

6.1.3.4 By Type                 

6.1.3.5 By Indication                       

6.1.3.6 By Application                    

                                6.1.4  Market Attractiveness Analysis                                     

6.1.4.1 By Geographical Area                     

6.1.4.2 By Medical Procedure                    

6.1.4.3 By Route of Administration                          

6.1.4.4 By Type                 

6.1.4.5 By Indication                       

6.1.4.6 By Application                    

                                6.1.5  Market Share Analysis                                      

6.1.5.1 By Geographical Area                     

6.1.5.2 By Medical Procedure                    

6.1.5.3 By Route of Administration                          

6.1.5.4 By Type                 

6.1.5.5 By Indication                       

6.1.5.6 By Application                    

                6.2 Brazil    

                6.3 Mexico

                6.4 Rest of Latin America    

7.Strategic Analysis               

                7.1 PESTLE analysis

                                7.1.1 Political                                     

                                7.1.2 Economic                                 

                                7.1.3 Social                                         

                                7.1.4 Technological                                         

                                7.1.5 Legal                                          

                                7.1.6 Environmental                                       

                7.2 Porter’s Five analysis     

                                7.2.1 Bargaining Power of Suppliers                                        

                                7.2.2 Bargaining Power of Consumers                                    

                                7.2.3 Threat of New Entrants                                     

                                7.2.4 Threat of Substitute Products and Services                                              

                                7.2.5 Competitive Rivalry within the Industry                                     

8.Market Leaders' Analysis                

                8.1 GE Healthcare  

                                8.1.1 Overview                                 

                                8.1.2 Medical Procedure Analysis                                             

                                8.1.3 Financial analysis                                  

                                8.1.4 Recent Developments                                       

                                8.1.5 SWOT analysis                                       

                                8.1.6 Analyst View                                          

                8.2 Spago Nanomedical AB

                8.3 Subhra Pharma Private Limited

                8.4 Daiichi Sankyo  

                8.5 CMC Contrast AB      

                8.6 Nanopet Pharma GmbH        

                8.7 Guerbet Group          

                8.8 Bracco Imaging S.P.A     

                8.9 Bayer AG      

                8.10 Lantheus Medical Imaging (Subsidiary of Lantheus Holdings, Inc.)    

9.Competitive Landscape                   

                9.1 Market share analysis   

                9.2 Merger and Acquisition Analysis        

                9.3 Agreements, collaborations and Joint Ventures

                9.4 New Product Launches

10.Market Outlook and Investment Opportunities                 

Appendix                  

                a) List of Tables 

                b) List of Figures     

 

  1. Latin America Contrast Media Market, By Procedure, From 2022 - 2027 (USD Million)
  2. Latin America X-ray/Computed Tomography (CT) Market, By Region, From 2022 - 2027 (USD Million)
  3. Latin America Magnetic Resonance Imaging (MRI) Market, By Region, From 2022 - 2027 (USD Million)
  4. Latin America Ultrasound Market, By Region, From 2022 - 2027 (USD Million)
  5. Latin America Contrast Media Market, By Route of Administration, From 2022 - 2027 (USD Million)
  6. Latin America Oral Contrast Media Market, By Region, From 2022 - 2027 (USD Million)
  7. Latin America Injectable Contrast Media Market, By Region, From 2022 - 2027 (USD Million)
  8. Latin America Rectal Contrast Media Market, By Region, From 2022 - 2027 (USD Million)
  9. Latin America Urethral Contrast Media Market, By Region, From 2022 - 2027 (USD Million)
  10. Latin America Contrast Media Market, By Type, From 2022 - 2027 (USD Million)
  11. Latin America Barium-Based Contrast Media Market, By Region, From 2022 - 2027 (USD Million)
  12. Latin America Iodinated Contrast Media Market, By Region, From 2022 - 2027 (USD Million)
  13. Latin America Gadolinium-Based Contrast Media Market, By Region, From 2022 - 2027 (USD Million)
  14. Latin America Microbubble Contrast Media Market, By Region, From 2022 - 2027 (USD Million)
  15. Latin America Contrast Media Market, By Indication, From 2022 - 2027 (USD Million)
  16. Latin America Cardiovascular Disorders Market, By Region, From 2022 - 2027 (USD Million)
  17. Latin America Oncology Market, By Region, From 2022 - 2027 (USD Million)
  18. Latin America Gastrointestinal Disorders Market, By Region, From 2022 - 2027 (USD Million)
  19. Latin America Musculoskeletal Disorders Market, By Region, From 2022 - 2027 (USD Million)
  20. Latin America Neurological Disorders Market, By Region, From 2022 - 2027 (USD Million)
  21. Latin America Nephrological Disorders Market, By Region, From 2022 - 2027 (USD Million)
  22. Latin America Contrast Media Market, By Application, From 2022 - 2027 (USD Million)
  23. Latin America Radiology Market, By Region, From 2022 - 2027 (USD Million)
  24. Latin America Interventional Radiology Market, By Region, From 2022 - 2027 (USD Million)
  25. Latin America Interventional Cardiology Market, By Region, From 2022 - 2027 (USD Million)
  26. Brazil Contrast Media Market, By Procedure, From 2022 - 2027 (USD Million)
  27. Brazil Contrast Media Market, By Route of Administration, From 2022 - 2027 (USD Million)
  28. Brazil Contrast Media Market, By Type, From 2022 - 2027 (USD Million)
  29. Brazil Contrast Media Market, By Indication, From 2022 - 2027 (USD Million)
  30. Brazil Contrast Media Market, By Application, From 2022 - 2027 (USD Million)
  31. Argentina Contrast Media Market, By Procedure, From 2022 - 2027 (USD Million)
  32. Argentina Contrast Media Market, By Route of Administration, From 2022 - 2027 (USD Million)
  33. Argentina Contrast Media Market, By Type, From 2022 - 2027 (USD Million)
  34. Argentina Contrast Media Market, By Indication, From 2022 - 2027 (USD Million)
  35. Argentina Contrast Media Market, By Application, From 2022 - 2027 (USD Million)
  36. Mexico Contrast Media Market, By Procedure, From 2022 - 2027 (USD Million)
  37. Mexico Contrast Media Market, By Route of Administration, From 2022 - 2027 (USD Million)
  38. Mexico Contrast Media Market, By Type, From 2022 - 2027 (USD Million)
  39. Mexico Contrast Media Market, By Indication, From 2022 - 2027 (USD Million)
  40. Mexico Contrast Media Market, By Application, From 2022 - 2027 (USD Million)
  41. Rest of Latin America Contrast Media Market, By Procedure, From 2022 - 2027 (USD Million)
  42. Rest of Latin America Contrast Media Market, By Route of Administration, From 2022 - 2027 (USD Million)
  43. Rest of Latin America Contrast Media Market, By Type, From 2022 - 2027 (USD Million)
  44. Rest of Latin America Contrast Media Market, By Indication, From 2022 - 2027 (USD Million)
  45. Rest of Latin America Contrast Media Market, By Application, From 2022 - 2027 (USD Million)

Please wait. . . . Your request is being processed

Related Reports

PURCHASE OPTIONS

excel
$

2875


pdf excel
$

3220


pdf excel powerbi
$

4600


excel
$

2000

What You Get :

  • PDF Report Format.
  • Can be accessible by 1 single user.
  • 6 Months of Free Analyst Support.
  • PDF and Excel Datasheet Formats.
  • Can be accessible upto 2 to 5 users.
  • 1 Year of Free Analyst Support.
  • PDF, Excel and Power BI Dashboard.
  • Can be accessible by unlimited users.
  • 1 Year of Free Analyst Support.
  • Excel Datasheet Format.
  • Customized access as per user request.
  • Upgradable to other licenses.
customer-support
ASK FOR CUSTOMIZATION

Talk to our analyst and get customised report done according to your research needs

tag
INQUIRE FOR DISCOUNT

Check if you can avail any discount. Submit your details and our team will get back to you.

cloud-download
DOWNLOAD FREE SAMPLE

Request to avail a free sample report that reflects this market and its growth.

Access the study in MULTIPLE FORMATS
Purchase options starting from $ 2875

Didn’t find what you’re looking for?
TALK TO OUR TEAM

Find it too expensive?
NO WORRIES!

Click for Request Sample