Spain Contrast Media Market Size & Outlook, 2023-2030
Spain contrast media market, 2018-2030 (US$M)
Related Markets
Spain contrast media market highlights
- The Spain contrast media market generated a revenue of USD 119.2 million in 2023 and is expected to reach USD 205.9 million by 2030.
- The Spain market is expected to grow at a CAGR of 8.1% 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 119.2 million |
| Market revenue in 2030 | USD 205.9 million |
| Growth rate | 8.1% (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, Spain accounted for 1.9% 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 Europe, Germany contrast media market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 277.4 million by 2030.
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Contrast Media Market Scope
Contrast Media Market Companies
| Name | Profile | # Employees | HQ | Website |
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Spain 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 67.2% in 2023. Horizon Databook has segmented the Spain 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 country's supportive healthcare policies and initiatives to increase public awareness and monitor the various disease rates are expected to boost market growth. According to the Global Competitiveness 2020 Report, the World Economic Forum placed Spain with the world's best healthcare system.
Key players in the market are adopting strategies such as collaborations, launch of products, and acquisitions to maintain their position in the market. In addition, according to the OECD, nearly 20.4 MRI machines and 21.4 CT machines per 1,000,000 inhabitants were available in Spain in 2021.
In 2021, 110 MRI scans and 134 CT scans per 1,000 people were performed in the country, indicating high demand for these technologies, which is expected to fuel market growth. Moreover, an increase in incidence of cardiovascular diseases, rise in healthcare expenditure, and growth in awareness about early diagnosis & treatment are factors expected to propel market growth.
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Our clientele includes a mix of contrast media market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Spain contrast media market , including forecasts for subscribers. This country databook contains high-level insights into Spain contrast media market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Spain contrast media market size, by modality, 2018-2030 (US$M)
Spain Contrast Media Market Outlook Share, 2023 & 2030 (US$M)
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