The COVID-19 pandemic will have a significant impact on the US diagnostic imaging market in the short term. Once the market stabilizes, however, the contrast agents and radiopharmaceuticals market in US will see modest growth through 2029 driven by a growing aging population, increases in health risk factors like poor lifestyle, and adoption of new technology due to favorable regulatory changes. However, overall market expansion will be hindered by a saturated installed base of large imaging systems as well as consolidation of hospitals.

Growth in the US market for contrast agents and radiopharmaceuticals will be driven by the expanded use of imaging agents in CEUS and PET procedures. However, the market will be somewhat limited by the continued concern over gadolinium and radiation exposure in certain modalities, while the shift to value-based care will hinder the use of some procedures while supporting the use of those that provide the most accuracy and clarity of visualization.

This Medtech 360 Report provides comprehensive data and analysis on the current state of the market for contrast agents and radiopharmaceuticals in the US across a 10-year period.

The COVID-19 pandemic will affect the diagnostic imaging system market.

To what extent will the COVID-19 pandemic impact the US diagnostic imaging system market?

How will the impact of the COVID-19 pandemic differ between segments?

How quickly are procedure volumes expected to rebound?

The FDA recently expanded approval for the use of CEUS in radiology procedures.

What types of procedures does this approval extend to? Which additional procedures could be approved in the future?

Which contrast agents received FDA approval?

How will competitors that do not have FDA approval react?

Looming concerns over the effects of gadolinium retention will negatively affect the use of contrast-enhanced MRI.

How are ACOs, health networks, and physicians responding to the recent findings on gadolinium retention?

What are the key differences between linear and macrocyclic GBCAs, and how will market demand for these products shift going forward?

Will other imaging modalities cannibalize contrast-enhanced MRI procedures?

While less concerning than in the past, radiation dose concerns still exert a limiting effect on procedure volumes for some imaging modalities.

How are US radiologists responding, and what methods are they using to ensure image quality?

Which procedures are being cannibalized by other modalities that do not require radiation for image acquisition?

The SPECT radiopharmaceuticals industry is taking precautionary measures to insulate itself from the shortening supply of Mo-99 and Tc-99.

What novel technology is showing promise that could help with global supply of Tc-99?

How will the transition from HEU to LEU reactors affect ASPs in the US market?

Table of contents

  • Contrast Agents And Radiopharmaceuticals - Market Insights - United States
    • Abstract
    • Executive Summary
      • COVID-19 Updates
        • Market Highlights
          • Factors Impacting the Contrast Agent and Radiopharmaceutical Market, by Product Type, US
          • Contrast Agent and Radiopharmaceutical Market, by Product Type, US (USD), 2019–2029
          • Contrast Agent and Radiopharmaceutical Market Landscape, US (USD), 2019 and 2029
        • Competitive Highlights
          • Contrast Agent and Radiopharmaceutical Market Share Rankings, by Product Type, US, 2018 (Market shares are from the previous iteration of the report)
          • Companies Mentioned
        • Market Developments
          • Recent Events in the Contrast Agent and Radiopharmaceutical Market, US
          • Emerging Products for the Contrast Agent and Radiopharmaceutical Market, US
        • Procedures and Products Covered
          • Contrast Agent and Radiopharmaceutical Procedures and Products Covered, US
      • Key Report Updates
        • COVID-19 Analysis
          • Market Impact
            • COVID-19 Impact Assessment Summary, Contrast Agent and Radiopharmaceutical Market, US
          • Guidance and Recommendations
            • Guidance and Recommendations for Contrast Agent and Radiopharmaceutical Procedures
          • Industry and Clinician Perspectives
            • Major Market Forecast Changes and Assumptions
              • Contrast Agent and Radiopharmaceutical Market, by Product Type, US (USD), 2019–2029 (Excluding COVID-19 Impact)
              • Contrast Agent and Radiopharmaceutical Market, by Product Type, US (USD), 2019–2029 (Including COVID-19 Impact)
            • Competitive Impact
              • COVID-19 Competitive Factors and Strategies, Contrast Agent and Radiopharmaceutical Market, US
              • COVID-19 Impact by Competitor, Contrast Agent and Radiopharmaceutical Market, US
          • Contrast Agent and Radiopharmaceutical Market
            • Market Highlights
              • Factors Impacting the Contrast Agent and Radiopharmaceutical Market, by Product Type, US
              • Contrast Agent and Radiopharmaceutical Market, by Product Type, US (USD), 2019–2029
            • Market Definitions
              • Market Forecast Data
                • Contrast Agent and Radiopharmaceutical Procedures, by Product Type, US, 2019–2029
                • Contrast Agent and Radiopharmaceutical Market, by Product Type, US (USD), 2019–2029
              • Competitive Highlights
                • Market Shares
                  • Contrast Agent and Radiopharmaceutical Revenue Market Shares, US, 2018 (Market shares are from the previous iteration of the report)
                  • Contrast Agent and Radiopharmaceutical Revenue Market Shares, by Product Type, US, 2018 (Market shares are from the previous iteration of the report)
                • Competitive Factors and Strategies
                  • Competitive Factors and Strategies, by Product Type, US
                • Market Developments
                  • Recent Events in the Contrast Agent and Radiopharmaceutical Market, US
                  • Emerging Products for the Contrast Agent and Radiopharmaceutical Market, US
              • Radiopharmaceutical Market
                • Market Highlights
                  • Radiopharmaceutical Market, by Product Type, US (USD), 2019–2029
                • Market Definitions
                  • Market Forecast Data
                    • Radiopharmaceutical Market, by Product Type, US (USD), 2019–2029
                    • Radiopharmaceutical Market Growth, by Product Type, US, 2020–2029
                    • Nuclear Medicine System Installed Base, by Product Type, US, 2019–2029
                  • Competitive Highlights
                    • Market Shares
                      • Radiopharmaceutical Revenue Market Shares, US, 2018 (Market shares are from the previous iteration of the report)
                      • Radiopharmaceutical Revenue Market Shares, by Product Type, US, 2018 (Market shares are from the previous iteration of the report)
                    • Competitive Factors and Strategies
                      • Competitive Factors and Strategies, US
                  • CT and X-Ray Contrast Agent Market
                    • Market Highlights
                      • CT and X-Ray Contrast Agent Market, by Product Type, US (USD), 2019–2029
                    • Market Definitions
                      • Market Forecast Data
                        • CT and X-Ray Contrast Agent Market, by Product Type, US (USD), 2019–2029
                        • CT and X-Ray Contrast Agent Market Growth, by Product Type, US, 2020–2029
                        • CT and X-Ray System Installed Base, by Product Type, US, 2019–2029
                        • CT Contrast Agent Market, by Procedure Type, US (USD), 2019–2029
                        • CT Contrast Agent Market Growth, by Procedure Type, US, 2020–2029
                      • Competitive Highlights
                        • Market Shares
                          • CT and X-Ray Contrast Agent Revenue Market Shares, US, 2018 (Market shares are from the previous iteration of the report)
                          • CT and X-Ray Contrast Agent Revenue Market Shares, US, 2018 (Market shares are from the previous iteration of the report)
                        • Competitive Factors and Strategies
                          • Competitive Factors and Strategies, US
                      • MRI Contrast Agent Market
                        • Market Highlights
                          • MRI Contrast Agent Market, by Procedure Type, US (USD), 2019–2029
                        • Market Definitions
                          • Market Forecast Data
                            • MRI Contrast Agent Market, by Procedure Type, US (USD), 2019–2029
                            • MRI Contrast Agent Market Growth, by Procedure Type, US, 2020–2029
                            • MRI System Installed Base, US, 2019–2029
                          • Competitive Highlights
                            • Market Shares
                              • MRI Contrast Agent Revenue Market Shares, US, 2018 (Market shares are from the previous iteration of the report)
                              • MRI Contrast Agent Revenue Market Shares, US, 2018 (Market shares are from the previous iteration of the report)
                            • Competitive Factors and Strategies
                              • Competitive Factors and Strategies, US
                          • Ultrasound Contrast Agent Market
                            • Market Highlights
                              • Ultrasound Contrast Agent Market, US (USD), 2019–2029
                            • Market Definitions
                              • Market Forecast Data
                                • Ultrasound Contrast Agent Market, US (USD), 2019–2029
                              • Competitive Highlights
                                • Market Shares
                                  • Ultrasound Contrast Agent Revenue Market Shares, US, 2018 (Market shares are from the previous iteration of the report)
                                  • Ultrasound Contrast Agent Revenue Market Shares, US, 2018 (Market shares are from the previous iteration of the report)
                                • Competitive Factors and Strategies
                                  • Competitive Factors and Strategies, US
                              • Appendix
                                • Abbreviations
                                  • Bibliography

                                Author(s): Benny Jacob, MS

                                Benny Jacob is an analyst on the Endoscopy, Diagnostics, and Healthcare IT Medtech Insights team at DRG (Part of Clarivate), specializing in the ENT Devices market. Benny has a background that covers Data Science, Systems Neuroscience and Bioinformatics. Benny has a Masters' Degree in Computational Biology from Carnegie Mellon University, Pittsburgh and a Bacherlor's Degree in Biotechnology from Manipal Institute of Technology, Manipal (India).