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The U.S. Internet of Things (IoT) market is on a remarkable growth trajectory. Valued at USD 98.09 billion in 2022, the market climbed to USD 118.24 billion in 2023 and is projected to reach USD 553.92 billion by 2030 — reflecting a compound annual growth rate (CAGR) of 24.7% over the forecast period.
Japan's pharmaceuticals market was valued at USD 102.17 billion in 2024 and is projected to grow from USD 110.18 billion in 2025 to USD 206.70 billion by 2032, reflecting a robust CAGR of 9.40% during the forecast period. This growth is anchored by Japan's rapidly aging population, rising healthcare expenditure, growing biosimilars adoption, and the increasing integration of digital health solutions into the country's healthcare ecosystem.
Key Growth Drivers
According to Fortune Business Insights, the global contrast media injectors market size was valued at USD 1.96 billion in 2025. The market is projected to grow from USD 2.05 billion in 2026 to USD 2.86 billion by 2034, exhibiting a CAGR of 4.2% during the forecast period. Contrast media injectors are medical devices used to deliver contrast agents into the body during diagnostic imaging procedures such as computed tomography (CT), magnetic resonance imaging (MRI), and angiography.
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