Argentina Mri Contrast Media Agents Market Size & Outlook
Argentina mri contrast media agents market, 2018-2030 (US$M)
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Argentina mri contrast media agents market highlights
- The Argentina mri contrast media agents market generated a revenue of USD 25.6 million in 2023 and is expected to reach USD 47.8 million by 2030.
- The Argentina market is expected to grow at a CAGR of 9.4% from 2024 to 2030.
- In terms of segment, paramagnetic was the largest revenue generating product in 2023.
- Paramagnetic is the most lucrative product segment registering the fastest growth during the forecast period.
Mri contrast media agents market data book summary
| Market revenue in 2023 | USD 25.6 million |
| Market revenue in 2030 | USD 47.8 million |
| Growth rate | 9.4% (CAGR from 2023 to 2030) |
| Largest segment | Paramagnetic |
| Fastest growing segment | Paramagnetic |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Paramagnetic, Superparamagnetic |
| Key market players worldwide | GE HealthCare Technologies Inc Common Stock, Bayer AG, Guerbet, Bracco, Miltenyi Biotec |
Other key industry trends
- In terms of revenue, Argentina accounted for 1.2% of the global mri contrast media agents market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil mri contrast media agents 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 47.8 million by 2030.
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MRI Contrast Media Agents Market Scope
MRI Contrast Media Agents Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina mri contrast media agents 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 mri contrast media agents market will help companies and investors design strategic landscapes.
Paramagnetic was the largest segment with a revenue share of 87.5% in 2023. Horizon Databook has segmented the Argentina mri contrast media agents market based on paramagnetic, superparamagnetic covering the revenue growth of each sub-segment from 2018 to 2030.
Healthcare spending in Argentina accounts for ~7% of its total GDP; 70% to 75% of medical products are imported. The U.S. imports medical devices to Argentina as the country has the most technologically advanced products.
Argentina remains a key market in Latin America for the U.S. The U.S. is one of Argentina's noteworthy exporters and is among the three best FDI source countries. Imports of medical products must be performed by an importer registered with Administración Nacional de Medicamentos, Alimentos y Tecnología Médica (ANMAT), the Argentine equivalent of the U.S. FDA, as a frequent importer of medical devices.
Imported items typically appear under the name of the local registered importer who will fulfill the registration procedure as a representative of the U.S. company. The Government of Argentina is also investing in building manufacturing plants for medical imaging devices, such as X-ray, MRI, and other imaging devices, to reduce its dependence on exports from other countries.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina mri contrast media agents market , including forecasts for subscribers. This country databook contains high-level insights into Argentina mri contrast media agents market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina mri contrast media agents market size, by product, 2018-2030 (US$M)
Argentina MRI Contrast Media Agents Market Outlook Share, 2023 & 2030 (US$M)
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