North America Mri Contrast Media Agents Market Size & Outlook
North America mri contrast media agents market, 2018-2030 (US$M)
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North America mri contrast media agents market highlights
- The North America mri contrast media agents market generated a revenue of USD 762.0 million in 2023.
- The market is expected to grow at a CAGR of 6.8% 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, U.S. is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 762.0 million |
| Market revenue in 2030 | USD 1,203.9 million |
| Growth rate | 6.8% (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, North America region accounted for 36.2% 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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North America 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 North America mri contrast media agents market based on paramagnetic, superparamagnetic covering the revenue growth of each sub-segment from 2018 to 2030.
North America was the highest revenue generator of the market due to various strategic initiatives undertaken by key manufacturers targeting niche patient subsets in this space. Leading players in the market include Bayer, GE Healthcare, Guerbet, Lantheus, and Bracco Diagnostics.
The presence of well-established healthcare facilities, easy availability of advanced technologies, and high demand for diagnostic procedures owing to disease screening & management initiatives in this region are expected to increase the number of inpatient examinations.
However, healthcare reforms for implementing criteria for appropriate use to curb unnecessary procedures may decrease the number of procedures. In addition, a large geriatric population, increase in lifestyle-induced disease, and growing awareness about early diagnosis of chronic diseases have increased the demand for MRI.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America mri contrast media agents market , including forecasts for subscribers. This continent databook contains high-level insights into North America mri contrast media agents market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America mri contrast media agents market size, by country, 2018-2030 (US$M)
North America MRI Contrast Media Agents Market Outlook Share, 2023 & 2030 (US$M)
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