Asia Pacific Mri Contrast Media Agents Market Size & Outlook
Asia Pacific mri contrast media agents market, 2018-2030 (US$M)
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Asia Pacific mri contrast media agents market highlights
- The Asia Pacific mri contrast media agents market generated a revenue of USD 567.4 million in 2023.
- The market is expected to grow at a CAGR of 7.5% 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.
- Country-wise, China is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 567.4 million |
| Market revenue in 2030 | USD 940.6 million |
| Growth rate | 7.5% (CAGR from 2023 to 2030) |
| Largest segment | Paramagnetic |
| Fastest growing segment | Paramagnetic |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, Asia Pacific region accounted for 26.9% of the global mri contrast media agents 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 245.9 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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Asia Pacific 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 87.61% in 2023. Horizon Databook has segmented the Asia Pacific mri contrast media agents market based on paramagnetic, superparamagnetic covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific is expected to witness lucrative growth over the forecast period owing to improving healthcare infrastructure with supportive government initiatives. Moreover, economic development in countries, such as India and China, is expected to facilitate market growth.
The presence of a large population base with low per capita income in the Asia Pacific region has led to high demand for affordable treatment options. Multinational companies are keen to invest in developing economies of APAC, such as India & China.
Thus, many market players are entering into collaborative partnerships and strategic alliances with local players. The region’s MRI contrast agent market is growing due to rising geriatric population & its susceptibility to chronic diseases, and increasing overall prevalence of chronic diseases.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific mri contrast media agents market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific mri contrast media agents market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific mri contrast media agents market size, by country, 2018-2030 (US$M)
Asia Pacific MRI Contrast Media Agents Market Outlook Share, 2023 & 2030 (US$M)
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