The overall market for contrast media in the U.S. is expected to double from the $1.41 billion posted in 2003 to $2.58 billion by 2009, according to a recent study by market research firm Bio-Tech Systems.
Contrast media sales grew a healthy 7% in 2003, but the annual growth rate is expected to increase to 9%-10% per year in 2004-2006, rising to 11%-12% per year from 2006-2009, the Las Vegas, NV-based company said.
The report breaks out contrast by current and emerging markets for ultrasound, x-ray, MR, and CT. The x-ray markets include all applications for iodine agents in CT, angiography, fluoroscopy, and nonvascular applications, where injectable or oral contrast is used. The publication, Report 190: The U.S. Market for Medical Imaging Contrast Media, is available on the company's Web site, at http://www.biotechsystems.com/.
By AuntMinnie.com staff writersJune 16, 2004
Related Reading
Frost report says contrast media markets primed for growth, September 9, 2002
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