Mexico Contrast Media Market Size & Outlook, 2023-2030
Mexico contrast media market, 2018-2030 (US$M)
Related Markets
Mexico contrast media market highlights
- The Mexico contrast media market generated a revenue of USD 113.0 million in 2023 and is expected to reach USD 205.2 million by 2030.
- The Mexico market is expected to grow at a CAGR of 8.9% 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.
Contrast media market data book summary
| Market revenue in 2023 | USD 113.0 million |
| Market revenue in 2030 | USD 205.2 million |
| Growth rate | 8.9% (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, Mexico accounted for 1.8% 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 Latin America, Brazil contrast media market is projected to lead the regional market in terms of revenue in 2030.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 150.4 million by 2030.
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Contrast Media Market Scope
Contrast Media Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Mexico 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 67.88% in 2023. Horizon Databook has segmented the Mexico 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.
Mexico is the second-largest developing economy in Latin America after Brazil. High healthcare spending by the public & private sectors has increased the demand for advanced healthcare services. Thus, the adoption of innovative products is high in Mexico.
Moreover, the rising geriatric population in the country is anticipated to drive the contrast media market. For instance, as per World Bank, in Mexico, 10.30 million individuals were aged 65 years or above in 2021. The market in this country is further driven by improvements in healthcare infrastructure, rising consumer awareness regarding diagnosis, and the growing prevalence of chronic diseases.
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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 Mexico contrast media market , including forecasts for subscribers. This country databook contains high-level insights into Mexico contrast media market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico contrast media market size, by modality, 2018-2030 (US$M)
Mexico Contrast Media Market Outlook Share, 2023 & 2030 (US$M)
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