Kuwait Mri Contrast Media Agents Market Size & Outlook

The mri contrast media agents market in Kuwait is expected to reach a projected revenue of US$ 30.4 million by 2030. A compound annual growth rate of 9% is expected of Kuwait mri contrast media agents market from 2024 to 2030.

Revenue, 2023 (US$M)
$16.6
Forecast, 2030 (US$M)
$30.4
CAGR, 2024 - 2030
9%
Report Coverage
Kuwait

Kuwait mri contrast media agents market, 2018-2030 (US$M)

Kuwait

Kuwait mri contrast media agents market highlights

  • The Kuwait mri contrast media agents market generated a revenue of USD 16.6 million in 2023 and is expected to reach USD 30.4 million by 2030.
  • The Kuwait market is expected to grow at a CAGR of 9% 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 2023USD 16.6 million
Market revenue in 2030USD 30.4 million
Growth rate9% (CAGR from 2023 to 2030)
Largest segmentParamagnetic
Fastest growing segmentParamagnetic
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationParamagnetic, Superparamagnetic
Key market players worldwideGE HealthCare Technologies Inc Common Stock, Bayer AG, Guerbet, Bracco, Miltenyi Biotec


Other key industry trends

  • In terms of revenue, Kuwait accounted for 0.8% 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 Middle East & Africa, Saudi Arabia mri contrast media agents market is projected to lead the regional market in terms of revenue in 2030.
  • Kuwait is the fastest growing regional market in Middle East & Africa and is projected to reach USD 30.4 million by 2030.

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MRI Contrast Media Agents Market Companies

Name Profile # Employees HQ Website

Kuwait 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 87.95% in 2023. Horizon Databook has segmented the Kuwait mri contrast media agents market based on paramagnetic, superparamagnetic covering the revenue growth of each sub-segment from 2018 to 2030.


Kuwait's government provides free healthcare with advanced medical care. The presence of various centers with advanced diagnostic and medical imaging helps increase access to improved healthcare. For instance, Dasman Diabetes Institute installed two state-of-the-art MRI machines with 1.5T and 3.0T field strength to help the center perform precise & comfortable imaging. 

In addition, Royale Hayat Hospital’s Center for Diagnostic Imaging integrates skilled professionals and advanced diagnostic equipment, such as MRI devices for proper diagnosis. Thus, favorable medical insurance and rapid adoption of advanced diagnostic imaging are factors expected to drive the market growth of MRI contrast media agents during the forecast period.

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Horizon Databook provides a detailed overview of country-level data and insights on the Kuwait mri contrast media agents market , including forecasts for subscribers. This country databook contains high-level insights into Kuwait mri contrast media agents market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Kuwait mri contrast media agents market size, by product, 2018-2030 (US$M)

Kuwait MRI Contrast Media Agents Market Outlook Share, 2023 & 2030 (US$M)

Kuwait mri contrast media agents market size, by product, 2018-2030 (US$M)

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