Contrast Media Injectors Market: Syringes Market In the APAC to grow at the Highest CAGR
Factors such as the growing prevalence of cancer and CVD; a large number of approvals for contrast agents; and increasing investments, funds, and grants by government organizations are driving the growth of the contrast media injectors market. However, the high cost of contrast media injectors and consumables & accessories is restraining the growth of the market to a certain extent. According to the new market research report by MarketsandMarkets, the global contrast media injectors market size is estimated to be USD 1. 3 billion in 2020 and projected to reach USD 1. 9 billion by 2025, at a CAGR of 7. 4%. Globally, there has been a significant increase in the number of people suffering from cancer. , the number of people suffering from cancer is expected to increase by 50% to 15 million by 2020 (Source: World Cancer Report, 2003 by WHO). Similarly, CVDs and strokes are the leading causes of death around the world. Accordin...