China Contrast Media Market Size & Outlook, 2023-2030
China contrast media market, 2018-2030 (US$M)
Related Markets
China contrast media market highlights
- The China contrast media market generated a revenue of USD 363.2 million in 2023 and is expected to reach USD 648.1 million by 2030.
- The China market is expected to grow at a CAGR of 8.6% 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 363.2 million |
| Market revenue in 2030 | USD 648.1 million |
| Growth rate | 8.6% (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, China accounted for 5.8% 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 |
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China 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 75.66% in 2023. Horizon Databook has segmented the China 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.
Changes in demographics & disease patterns and growth of private healthcare sector are key factors expected to drive the contrast media market in China. A mix of domestic and multinational players characterizes China's market; the latter currently holds more than 20% share.
Furthermore, the growing prevalence of chronic disorders and increasing geriatric population is further increasing the demand for diagnostic imaging procedures with contrast media.
According to the international agency for research on cancer in 2020, there were about 45,68,754 new cancer cases in the country which is further estimated to increase to 92,94,006 by 2025. Thus, the above mentioned factors are expected to contribute to the country’s market growth over the forecast period.
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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 country-level data and insights on the China contrast media market , including forecasts for subscribers. This country databook contains high-level insights into China contrast media market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China contrast media market size, by modality, 2018-2030 (US$M)
China Contrast Media Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
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