According to the latest market study by Future Market Insights, the Global Ioversol Market is expected to reach US$ 467.5 Mn to 2022 and will grow at a CAGR of 7.0% between 2022 and 2032.
Ioversol is a nonionic radiographic contrast agent contains iodine that absorbs x-rays. It comes under a group of drugs called radiopaque contrast agents because of its unique quality. Ioversol allows organs, blood vessels and other non-bony tissues to be seen more clearly on a CT scan or X-ray examination.
Its uniqueness and versatility have expanded its use in ultrasound scattering and magnetic resonance imaging. Ioversol is injected into a vein or artery through an IV. Ioversol is water soluble because of which it easily blends with water and give desired results during imaging.
It is specially used in angiography and urography and for contrast enhancement in computed tomography. Ioversol as a compound is used as a raw material for contrast agents and medicines. It is a white to off-white crystalline powder with a characteristic sulfide-like Odor.
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After preparation of Ioversol into a solution, it becomes clear and colorless. Ioversol is also used for the treatment, prevention, control and improvement of brain disorders, blood vessel disorders and heart disorders. Ioversol market is expected to witness an escalating demand among the consumers and clinics because of its vast usage.
Ioversol is commonly not given on dosage. It is used only once during the X-ray or CT scan. In some cases, a dosage of Ioversol is given to the patient based on the following: the condition being treated, other medical conditions patient have, other medications patient is taking, how patient respond to this drug, patient’s weight, height, age, and gender.
Ioversol: Market Dynamics
Ioversol market is mainly driven by the increasing x-ray and imaging market. For a perfect x-ray, contrast agent’s needs to be used which absorbs x-rays and gives a better clarity of the problem. Rising accidents level, bone related challenges and diseases and kidney related problems are the primary drivers for Ioversol market.
Ioversol is used to prepare Optiray solution between 509 mg to 741mg with 3.6mg tromethamine as a buffer and 0.2mg educate calcium disodium as a stabilizer. Optiray is mostly used by pregnant women’s followed by baby or child under 15 years of age. The price of Optiray solution varies from US$ 0.5 in the US to US$ 1 in Australia for a 125 mL bottle.
The rising prevalence of cardiovascular disorders is giving pace to x-ray industry and Ioversol market. Growth in geriatric population is another major driver for Ioversol market as geriatric demographics are more prone to orthopedic disorders than younger demographics. However, it is not safe to give Ioversol to geriatric population; should be done only if prescribed.
However, Ioversol comes along with some restraints. Ioversol might lead allergic reaction, difficulty in breathing, swelling of the face, lips, tongue, or throat. Apart from that, patients might also feel light-headed, it might slow heart rate, rapid weight gain, little or no urinating, extreme tired feeling, hoarse voice, dry skin, joint pain or stiffness, muscle pain or weakness, feeling more sensitive to cold temperatures, chest pain or pressure, pain spreading to your jaw or shoulder, nausea, sweating, sudden numbness or weakness, sudden severe headache, slurred speech, problems with vision or balance.
Most of the problems are for a small time which comes and goes. As directed by physicians, if a patient feels and of the above-mentioned problem or any other problem he/she must see a doctor immediately and needs to get medical attention.
Ioversol market has an opportunity towards the advancements in the area of CT and heart borne diseases which will give pace to the market growth of Ioversol.
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Ioversol: Segment Outlook
Ioversol market can be segmented by types which include 34% to 74% injectable solutions. Most commonly used Ioversol is “Ioversol 64% Injectable Solution” which is made from 636 mg of Ioversol with 3.6 mg of tromethamine as a buffer and 0.2 mg of educating calcium disodium as a stabilizer. Ioversol market can also be segmented by use which includes X-ray (Angiography, Urography, Tomography, and Others), CT scan, Brain Disorders, Blood vessel disorders, Heart disorders and others.
Ioversol: Market Players
The market players in Ioversol market are Liebel-Flarsheim Company LLC, Guerbet, Jiangsu Hengrui Medicine Co., Mallinckrodt Pharmaceuticals, Ultraject, China Resources Pharmaceutical (Shanghai) Co., HB Ocean and many more.
Ioversol Market Segmentation
By Type, the Ioversol Market is segmented as:
- Ioversol 34% Injectable Solution (Optiray 160)
- Ioversol 51% Injectable Solution (Optiray 240)
- Ioversol 64% Injectable Solution (Optiray 300)
- Ioversol 68% Injectable Solution (Optiray 320)
- Ioversol 74% Injectable Solution (Optiray 350)
By Packaging, Ioversol Market is segmented as:
- Vials
- Bottles
- Hand-Held Syringes
- Power Injector Syringes
By Application, Ioversol Market is segmented as:
- X-ray
- CT scan
- Radiological & Diagnostic Examinations
- Angiography
- Urography
- Computed Tomographic Scans
- Others.
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Ioversol: Regional Outlook
Regional coverage for Ultra-fine Ath market includes North America, Latin America, Eastern Europe, Western Europe, Asia Pacific Excluding Japan (APEJ), Middle East and Africa (MEA) and Japan. Ioversol market will witnesses a high demand in APEJ because of the high investments in the region and its vast population. The market in India and China is still at growth stage which will fuel the market for next ten years in the region.
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