Global Market for Medical Imaging Reagents to Be Worth Usd 18.5 Billion in 2019

A market research report published by Transparency Market Research, a U.S.-based market intelligence agency states that the global medical imaging reagents market is projected to reach a value of USD 18.5 billion by the end of 2019.

The report - ‘Medical Imaging Reagents Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019,’ is now available for sale on the company’s website.

Browse the full Medical Imaging Reagents Market Report at

The worldwide medical imaging reagents market that was valued at USD 10.3 billion in 2012, will report a compounded annual growth rate of 8.8% to develop into a USD 18.5 billion worth market by 2019.

Market determinants such as drivers, inhibitors, and opportunities influence the dynamics of the global medical imaging reagents industry. Growing geriatric population, increasing prevalence of cancer, cardiovascular, and neurological medical conditions, and escalating demand for diagnostic imaging procedures act as catalysts for the market growth. The report also indicates that technological development will likely fuel the growth of the imaging reagents market.

Reluctance in adopting nuclear products, shortage of supplies of imaging reagents, and stringent regulatory policies suppress the development of the market. Two key opportunities for the worldwide medical imaging reagents market are increasing organized distribution of network in emerging economies and development of nuclear products based on personalized therapy.

Medical imaging reagents, chemical compounds allow healthcare providers and clinicians to diagnose if a tumor is benign or malignant. They also aid to locate metastatic cancerous sites present in the body. The market comprises of optical reagents, contrast reagents, and nuclear reagents.

The contrast reagents sector in the market represents the largest...