UAE Mri Contrast Media Agents Market Size & Outlook

The mri contrast media agents market in the UAE is expected to reach a projected revenue of US$ 69.6 million by 2030. A compound annual growth rate of 7.8% is expected of the UAE mri contrast media agents market from 2024 to 2030.
Revenue, 2023 (US$M)
$41.1
Forecast, 2030 (US$M)
$69.6
CAGR, 2024 - 2030
7.8%
Report Coverage
UAE

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

UAE

UAE mri contrast media agents market highlights

  • The UAE mri contrast media agents market generated a revenue of USD 41.1 million in 2023 and is expected to reach USD 69.6 million by 2030.
  • The UAE market is expected to grow at a CAGR of 7.8% 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.


Mri contrast media agents market data book summary

Market revenue in 2023USD 41.1 million
Market revenue in 2030USD 69.6 million
Growth rate7.8% (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, UAE accounted for 2.0% 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

UAE 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 87.59% in 2023. Horizon Databook has segmented the UAE mri contrast media agents market based on paramagnetic, superparamagnetic covering the revenue growth of each sub-segment from 2018 to 2030.


Growth of the MRI contrast media agents market in the UAE is being driven by improving healthcare facilities and availability of medical insurance schemes. In line with this, in January 2019, the Dubai Health Authority (DHA) signed an agreement with Neuron for the Saada health insurance program. 

This program covers health insurance for uninsured patients. More than 100,000 Emirati nationals have already enrolled and benefitted from the Saada scheme. Moreover, healthcare spending in the UAE was USD 18.2 billion in 2018 and is projected to reach USD 21.3 billion by 2021, according to the World Bank. 

By 2026, it was predicted that total healthcare spending would represent 4.6% of the nation's GDP, up from 4.27% in 2018. Apart from favorable reimbursement policies, increasing number of conferences with respect to diagnostic imaging being conducted in the country is expected to drive market growth during the forecast period.

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

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

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

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

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