Contrast agent 5-year sales forecast looks positive

The market for contrast agents and radiopharmaceuticals is expected to grow over the next few years, with much of that growth coming from MRI, ultrasound, and nuclear medicine, according to a new report published by Kalorama Information.

The report, "Medical Imaging Markets: Contrast Agents," finds that annual growth for medical contrast media will continue over the next five years, despite the slump in capital equipment purchases. Imaging exams are still needed for making many diagnoses, and contrast facilitates diagnosis in many cases, the company said.

The contrast market reached $3.5 billion in 2011; Kalorama predicts yearly growth rates for contrast agents used with most modalities to range from 2% to 4%.

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