Australia Contrast Media Market Size & Outlook, 2023-2030
Australia contrast media market, 2018-2030 (US$M)
Related Markets
Australia contrast media market highlights
- The Australia contrast media market generated a revenue of USD 179.4 million in 2023 and is expected to reach USD 316.4 million by 2030.
- The Australia market is expected to grow at a CAGR of 8.4% 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.
Contrast media market data book summary
| Market revenue in 2023 | USD 179.4 million |
| Market revenue in 2030 | USD 316.4 million |
| Growth rate | 8.4% (CAGR from 2023 to 2030) |
| Largest segment | X-ray/computed tomography |
| Fastest growing segment | Ultrasound |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Australia accounted for 2.9% of the global contrast media market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan contrast media market is projected to lead the regional market in terms of revenue in 2030.
- Thailand is the fastest growing regional market in Asia Pacific and is projected to reach USD 242.8 million by 2030.
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Contrast Media Market Scope
Contrast Media Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Australia 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 76.64% in 2023. Horizon Databook has segmented the Australia 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.
With ongoing developments in medical industry, the rising burden of chronic disorders, an aging population, growing income, and shifting consumer expectations, it is anticipated that the demand for medical applications, will increase.
According to Australian Medical Association Limited, around 450,000 people in Australia are currently suffering from chronic wounds, costing the Australian health system around USD 3 billion every year.
The country has one of the highest life expectancies in the world. Moreover, the health system and high standards of medical practice aim to support universal and affordable access to high-quality medical, pharmaceutical, and hospital services.
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Our clientele includes a mix of contrast media market companies, investment firms, advisory firms & academic institutions.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the Australia contrast media market , including forecasts for subscribers. This country databook contains high-level insights into Australia contrast media market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia contrast media market size, by modality, 2018-2030 (US$M)
Australia Contrast Media Market Outlook Share, 2023 & 2030 (US$M)
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