Middle East & Africa Contrast Media Market Size & Outlook
Middle East & Africa contrast media market, 2018-2030 (US$M)
Related Markets
MEA contrast media market highlights
- The MEA contrast media market generated a revenue of USD 424.1 million in 2023.
- The market is expected to grow at a CAGR of 9% 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.
- Country-wise, Kuwait is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 424.1 million |
| Market revenue in 2030 | USD 773.2 million |
| Growth rate | 9% (CAGR from 2023 to 2030) |
| Largest segment | X-ray/computed tomography |
| Fastest growing segment | Magnetic Resonance Imaging |
| 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, MEA region accounted for 6.8% 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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Middle East & Africa 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 69.82% in 2023. Horizon Databook has segmented the Middle East & Africa 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.
Middle Eastern countries such as Saudi Arabia, Qatar, and the United Arab Emirates (UAE) are prospering economies. Advancements in the region’s healthcare industry are expected to boost the demand for contrast media in this region.
In addition, high regional disease burden, increase in penetration of health insurance, and growth in privatization are key factors contributing to market growth in several MEA countries.
Furthermore, the availability of medical imaging at an affordable cost in the region is expected to contribute to the contrast media market growth.
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Target buyers of Middle East & Africa 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 Middle East & Africa contrast media market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa contrast media market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA contrast media market size, by country, 2018-2030 (US$M)
Middle East & Africa Contrast Media Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
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