India Mri Contrast Media Agents Market Size & Outlook
India mri contrast media agents market, 2018-2030 (US$M)
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India mri contrast media agents market highlights
- The India mri contrast media agents market generated a revenue of USD 87.8 million in 2023 and is expected to reach USD 144.9 million by 2030.
- The India market is expected to grow at a CAGR of 7.4% 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 87.8 million |
| Market revenue in 2030 | USD 144.9 million |
| Growth rate | 7.4% (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, India accounted for 4.2% 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 Asia Pacific, Japan mri contrast media agents market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 215.5 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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India 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 87.7% in 2023. Horizon Databook has segmented the India mri contrast media agents market based on paramagnetic, superparamagnetic covering the revenue growth of each sub-segment from 2018 to 2030.
India’s diagnostic imaging market is fragmented, ranging from large diagnostic clinics to private scanning centers, and from government health centers to hospitals. Only 20% of the total healthcare in the country is delivered by the government sector and a large portion of the secondary care is delivered by private diagnostic centers.
However, in recent years, there has been a substantial shift toward corporatization of diagnostic centers with 50% of total imaging centers expected to be a part of chains or institutions. The demand for imaging equipment is expected to increase over the coming years, owing to various initiatives undertaken by major players and introduction of affordable technologies that can be made accessible to patients at lower prices.
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Horizon Databook provides a detailed overview of country-level data and insights on the India mri contrast media agents market , including forecasts for subscribers. This country databook contains high-level insights into India mri contrast media agents market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India mri contrast media agents market size, by product, 2018-2030 (US$M)
India MRI Contrast Media Agents Market Outlook Share, 2023 & 2030 (US$M)
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