Global Contrast Media Market Size & Outlook, 2023-2030
Global contrast media market, 2018-2030 (US$M)
Related Markets
Global contrast media market highlights
- The global contrast media market generated a revenue of USD 6,282.4 million in 2023 and is expected to reach USD 10,739.0 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 8% by 2030.
- In terms of segment, x-ray/computed tomography accounted for a revenue of USD 4,374.8 million in 2023.
- Ultrasound is the most lucrative modality segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 6,282.4 million |
| Market revenue in 2030 | USD 10,739.0 million |
| Growth rate | 8% (CAGR from 2023 to 2030) |
| Largest segment | X-ray/computed tomography |
| Fastest growing segment | Ultrasound |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Ultrasound, Magnetic Resonance Imaging, X-ray/Computed Tomography |
Other key industry trends
- In terms of revenue, the North America accounted for 36.2% of the global contrast media market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Canada is the fastest growing regional market and is projected to reach USD 119.5 million by 2030.
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Contrast Media Market Scope
Contrast Media Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global contrast media market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to contrast media market will help companies and investors design strategic landscapes.
X-ray/computed tomography was the largest segment with a revenue share of 69.64% in 2023. Horizon Databook has segmented the Global contrast media market based on ultrasound, magnetic resonance imaging, x-ray/computed tomography covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of Global contrast media market databook
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Our clientele includes a mix of contrast media market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global contrast media market , including forecasts for subscribers. This global databook contains high-level insights into Global contrast media market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global contrast media market size, by regions, 2018-2030 (US$M)
Top 10 countries: Contrast media market size, 2023 (US$M)
Global contrast media market share, by modality, 2023 & 2030 (%, US$M)
Contrast media market: Opportunity assessment by country
Global contrast media market, by region, 2023 (US$M)
| Modality | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 1,858.1 | 1,922.9 | 1,007.4 | 1,473.9 | 2,116.5 | 2,273.2 | 2,442.4 | 2,625.1 | 2,822.5 | 3,035.8 | 3,266.4 | 3,515.7 | 3,785.5 | 7.6% |
| Europe | 1,114.3 | 1,157.7 | 608.8 | 894.3 | 1,289.1 | 1,390.0 | 1,499.3 | 1,617.8 | 1,746.3 | 1,885.8 | 2,037.1 | 2,201.4 | 2,379.8 | 8.0% |
| Asia Pacific | 1,337.2 | 1,394.6 | 735.0 | 1,082.7 | 1,565.4 | 1,692.8 | 1,831.3 | 1,981.8 | 2,145.4 | 2,323.5 | 2,517.2 | 2,728.0 | 2,957.5 | 8.3% |
| Latin America | 408.4 | 423.1 | 221.9 | 325.0 | 467.2 | 502.3 | 540.3 | 581.4 | 625.8 | 673.8 | 725.8 | 782.1 | 843.0 | 7.7% |
| MEA | 324.2 | 338.8 | 180.6 | 267.8 | 389.7 | 424.1 | 461.7 | 502.8 | 547.7 | 596.7 | 650.4 | 709.0 | 773.2 | 9.0% |
| Overall | 5,042.3 | 5,237.1 | 2,753.6 | 4,043.6 | 5,827.8 | 6,282.4 | 6,774.9 | 7,308.8 | 7,887.6 | 8,515.5 | 9,196.7 | 9,936.1 | 10,739.0 | 8.0% |
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