Asia Pacific Contrast Media Market Size & Outlook
Asia Pacific contrast media market, 2018-2030 (US$M)
Related Markets
Asia Pacific contrast media market highlights
- The Asia Pacific contrast media market generated a revenue of USD 1,692.8 million in 2023.
- The market is expected to grow at a CAGR of 8.3% from 2024 to 2030.
- In terms of segment, x-ray/computed tomography was the largest revenue generating modality in 2023.
- Ultrasound is the most lucrative modality segment registering the fastest growth during the forecast period.
- Country-wise, Thailand is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 1,692.8 million |
| Market revenue in 2030 | USD 2,957.5 million |
| Growth rate | 8.3% (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 |
| Key market players worldwide | Bayer AG, GE Aerospace, Guerbet, Bracco, Lantheus Holdings Inc, Imax Corp, Nano Therapeutics, Trivitron Healthcare |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 26.9% of the global contrast media market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- MEA is the fastest growing regional market and is projected to reach USD 773.2 million by 2030.
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Contrast Media Market Scope
Contrast Media Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific 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 76.1% in 2023. Horizon Databook has segmented the Asia Pacific 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.
Economic development in countries, such as India and China, is expected to facilitate market growth. The presence of a large population base with low per capita income in the Asia Pacific region has led to high demand for affordable treatment options.
Thus, many market players are entering into collaborative partnerships and strategic alliances with local players. The region’s contrast media market is growing due to rising geriatric population & its susceptibility to chronic diseases and increasing overall prevalence of chronic diseases.
In addition, improvements in healthcare infrastructure and an increase in the number of diagnostic imaging tests are expected to drive the market over the forecast period.
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Target buyers of Asia Pacific 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 continent-level data and insights on the Asia Pacific contrast media market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific contrast media market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific contrast media market size, by country, 2018-2030 (US$M)
Asia Pacific Contrast Media Market Outlook Share, 2023 & 2030 (US$M)
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