Brazil Mri Contrast Media Agents Market Size & Outlook
Brazil mri contrast media agents market, 2018-2030 (US$M)
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Brazil mri contrast media agents market highlights
- The Brazil mri contrast media agents market generated a revenue of USD 57.3 million in 2023 and is expected to reach USD 87.3 million by 2030.
- The Brazil market is expected to grow at a CAGR of 6.2% 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 57.3 million |
| Market revenue in 2030 | USD 87.3 million |
| Growth rate | 6.2% (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, Brazil accounted for 2.7% 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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Brazil 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 Brazil mri contrast media agents market based on paramagnetic, superparamagnetic covering the revenue growth of each sub-segment from 2018 to 2030.
Brazil’s market is estimated to grow at a CAGR of 6.2% during the forecast period, owing to an increase in the number of healthcare reforms and overall expenditure. In addition, several U.S. hospitals are affiliated with Brazilian hospitals for telemedicine, education, and second-opinion programs.
Thus, an increase in demand for better healthcare facilities is anticipated to boost market growth. Furthermore, growing prevalence of chronic disorders is expected to propel the demand for MRI contrast media agents in the country.
According to the International Agency for Research on Cancer, about 592,212 new cancer cases were diagnosed in 2020 in the country, and by 2025, the number is expected to increase to 1,563,761.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil mri contrast media agents market , including forecasts for subscribers. This country databook contains high-level insights into Brazil mri contrast media agents market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil mri contrast media agents market size, by product, 2018-2030 (US$M)
Brazil MRI Contrast Media Agents Market Outlook Share, 2023 & 2030 (US$M)
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