UK Mri Contrast Media Agents Market Size & Outlook
UK mri contrast media agents market, 2018-2030 (US$M)
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UK mri contrast media agents market highlights
- The UK mri contrast media agents market generated a revenue of USD 73.7 million in 2023 and is expected to reach USD 119.8 million by 2030.
- The UK market is expected to grow at a CAGR of 7.2% 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 73.7 million |
| Market revenue in 2030 | USD 119.8 million |
| Growth rate | 7.2% (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, UK accounted for 3.5% 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 Europe, Germany mri contrast media agents market is projected to lead the regional market in terms of revenue in 2030.
- Italy is the fastest growing regional market in Europe and is projected to reach USD 73.5 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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UK 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 87.52% in 2023. Horizon Databook has segmented the UK mri contrast media agents market based on paramagnetic, superparamagnetic covering the revenue growth of each sub-segment from 2018 to 2030.
The UK is one of the important markets in the EU region, with the presence of technologically advanced healthcare facilities and research centers. According to OECD, the UK had 8.6 MRI systems per Million people as of 2021.
Increasing General Practice (GP) referrals for MRI examinations in the UK is expected to boost the demand for MRI systems. According to NHS England, in 2021, the total number of MRI examinations performed for NHS patients in England was around 3,656,390.
Furthermore, the presence of efficient reimbursement policies and the growing burden of chronic illness is contributing to the increasing MRI examination volume. In alignment with the withdrawal of linear MRI agents by EMA, the UK followed suit.
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Horizon Databook provides a detailed overview of country-level data and insights on the UK mri contrast media agents market , including forecasts for subscribers. This country databook contains high-level insights into UK mri contrast media agents market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK mri contrast media agents market size, by product, 2018-2030 (US$M)
UK MRI Contrast Media Agents Market Outlook Share, 2023 & 2030 (US$M)
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