MRI Contrast Agents Market Trends

  • Report ID: 3139
  • Published Date: Aug 30, 2024
  • Report Format: PDF, PPT

MRI Contrast Agents Market Trends

Growth Drivers

  • Growing Use of MRI Testing for Diagnosis
  • Increasing Number of Chronic Diseases

Challenges

  • Allergic Reactions and Side Effects of MRI Contrast Agents

MRI Contrast Agents Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

6.9%

Base Year Market Size (2023)

USD 2.11 billion

Forecast Year Market Size (2036)

USD 5.02 billion

Regional Scope

  • North America (U.S., and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, South Korea, Malaysia, Australia, Rest of Asia Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Browse Key Market Insights with Data Illustration:


Author Credits:  Radhika Pawar


  • Report ID: 3139
  • Published Date: Aug 30, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of MRI contrast agents is estimated at USD 2.23 billion.

MRI Contrast Agents Market size was over USD 2.11 billion in 2023 and is anticipated to reach USD 5.02 billion by 2036, growing at around 6.9% CAGR during the forecast period i.e., between 2024-2036. Rising prevalence of chronic disorders and implementation of MRI examination of early diagnosis will fuel the market growth.

Asia Pacific is anticipated to dominate majority revenue share by 2036, owing to increasing necessity for advanced diagnosis method to detect various disease indications such as neurological disorders, cancer, cardiovascular diseases, and others.

The major players in the market include Bayer AG, GE Healthcare, LLC, Guerbet GmbH, Bracco Imaging SpA, Miltenyi Biotec B.V. & Co. Kg, and more.
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