UK Contrast Media Market Size & Outlook, 2023-2030
UK contrast media market, 2018-2030 (US$M)
Related Markets
UK contrast media market highlights
- The UK contrast media market generated a revenue of USD 219.8 million in 2023 and is expected to reach USD 370.8 million by 2030.
- The UK market is expected to grow at a CAGR of 7.8% 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 219.8 million |
| Market revenue in 2030 | USD 370.8 million |
| Growth rate | 7.8% (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, UK accounted for 3.5% 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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UK 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 69.15% in 2023. Horizon Databook has segmented the UK 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 UK has a strong record of contrast media manufacturing and innovation. Factors such as government support, dynamic supply & distribution channels, and value chains are contributing to the market growth.
The aging population, rising demand for contrast-enhanced imaging tests, and growing prevalence of chronic conditions are expected to accelerate R&D in the country. The companies operating in the UK contrast media industry specifically focus on formulation product launches, government approvals, and clinical trials.
The regulatory evaluation of Pixxoscan involved a decentralized procedure (DCP), resulting in marketing authorization already being granted in Austria. Pending further approval, it is anticipated that Pixxoscan will be launched in several European countries during the year 2023.
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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 UK contrast media market , including forecasts for subscribers. This country databook contains high-level insights into UK contrast media market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK contrast media market size, by modality, 2018-2030 (US$M)
UK Contrast Media Market Outlook Share, 2023 & 2030 (US$M)
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