With the rising of medical imaging use, the use of contrast media is expected to grow as well, according to a report from market research firm GlobalData in 2016. According to the report, the global market value for contrast injectors was $830 million in 2015, and that number is expected to reach nearly $1.8 billion by 2022 — an increase of nearly $970 million in just seven years. The growth will largely be driven by increasing use of computed tomography (CT), magnetic resonance imaging (MRI) and angiography procedures, as well as increasing disease burdens.
In the United States, healthcare reform has been another major driver of innovation. Reform efforts such as the Medicare Access and CHIP Reauthorization Act (MACRA) are poised to alter the way clinicians are reimbursed, providing incentives for them to practice more efficient, value-based care and evaluating their performance based on the quality of care delivered. In the world of contrast injectors, this is spurring increased adoption of technologies like syringeless injectors, which can improve imaging exam efficiency, and contrast dose recording systems, which can serve as a mechanism for measuring quality of care.
