Kuwait Contrast Media Market Size & Outlook, 2023-2030
Kuwait contrast media market, 2018-2030 (US$M)
Related Markets
Kuwait contrast media market highlights
- The Kuwait contrast media market generated a revenue of USD 38.0 million in 2023 and is expected to reach USD 73.0 million by 2030.
- The Kuwait market is expected to grow at a CAGR of 9.8% from 2024 to 2030.
- In terms of segment, x-ray/computed tomography was the largest revenue generating modality in 2023.
- Magnetic Resonance Imaging 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 38.0 million |
| Market revenue in 2030 | USD 73.0 million |
| Growth rate | 9.8% (CAGR from 2023 to 2030) |
| Largest segment | X-ray/computed tomography |
| Fastest growing segment | Magnetic Resonance Imaging |
| 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, Kuwait accounted for 0.6% 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 Middle East & Africa, South Africa contrast media market is projected to lead the regional market in terms of revenue in 2030.
- Kuwait is the fastest growing regional market in Middle East & Africa and is projected to reach USD 73.0 million by 2030.
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Contrast Media Market Scope
Contrast Media Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Kuwait 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 71.05% in 2023. Horizon Databook has segmented the Kuwait 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.
The contrast media market of Kuwait is in a growing phase and is mainly driven by the government's healthcare initiatives. An evolving gas & oil industry and limited diversification into other sectors have significantly constrained the contrast media manufacturing activities in the country.
Despite having limited diversification for other sectors, the country has one of the best healthcare infrastructures across the GCC. The increasing population of Kuwait, changing lifestyles, and rising health issues are boosting the demand for better healthcare infrastructure.
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Target buyers of Kuwait 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 country-level data and insights on the Kuwait contrast media market , including forecasts for subscribers. This country databook contains high-level insights into Kuwait contrast media market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Kuwait contrast media market size, by modality, 2018-2030 (US$M)
Kuwait Contrast Media Market Outlook Share, 2023 & 2030 (US$M)
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