Contrast Media Market Analysis, Growth Rate, Outlook By 2024-2033

The Business Research Company has updated all its market reports with the latest information for the year 2024, projecting trends and forecasts until 2033.

The Contrast Media Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).

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According to The Business Research Company’s Contrast Media Global Market Report 2024, The contrast media market size has grown steadily in recent years. It will grow from $4.51 billion in 2023 to $4.72 billion in 2024 at a compound annual growth rate (CAGR) of 4.6%.  The  growth in the historic period can be attributed to aging population and healthcare needs, expansion of radiology and imaging centers, rise in minimally invasive procedures, increasing incidence of cardiovascular diseases, globalization of healthcare services.The contrast media market size is expected to see steady growth in the next few years. It will grow to $5.65 billion in 2028 at a compound annual growth rate (CAGR) of 4.6%.

The increased utilization of diagnostic procedures is expected to drive the growth of the contrast media market in the coming years. Diagnostic procedures refer to medical tests, exams, or processes conducted by healthcare professionals to determine the presence, degree, and type of disease, condition, or damage in a patient. Contrast media play a crucial role in various diagnostic techniques by highlighting specific locations or structures inside the body. This allows healthcare practitioners to make precise diagnoses and informed decisions about therapy.

For example, in November 2022, according to the King’s Fund, a UK-based health charity, the National Health Service (NHS) performed over 4 million diagnostic procedures, with a 21% increase in CT scans in the past two years. As the use of diagnostic procedures continues to rise, the demand for contrast media is expected to grow, contributing to the expansion of the contrast media market.

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The contrast media market covered in this report is segmented –
1) By Type: Barium-Based Contrast Media, Iodinated Contrast Media, Gadolinium-Based Contrast Media, Microbubble Contrast Media
2) By Route of Administration: Intravascular Route, Oral Route, Rectal Route, Other Route of Administration
3) By Modality: X-Ray or CT, MRI, Ultrasound
4) By Indication: Cardiovascular Disease, Oncology, Gastrointestinal Disorders, Neurological Disorders, Other Indications
5) By End User: Hospitals, Clinics

Top Major Players

Bayer AG,

GE Healthcare,

Guerbet Group,

Lantheus Medical Imaging Inc.,

Unijules Life Sciences Ltd.

The contrast media market report table of contents includes:
1. Executive Summary

2. Contrast Media Market Characteristics
3. Contrast Media Market Trends And Strategies
4. Contrast Media Market – Macro Economic Scenario
5. Global Contrast Media Market Size and Growth
6. Contrast Media Market Segmentation
7. Contrast Media Market Regional And Country Analysis

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33. Key Mergers And Acquisitions In The Contrast Media Market
34. Contrast Media Market Future Outlook and Potential Analysis
35. Appendix

List Of Tables :

Table 1: Global Historic Market Growth, 2018-2023, $ Billion

Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Table 3: Global Contrast Media  Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 4: Global Contrast Media  Market, Segmentation By Modality, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 5: Global Contrast Media  Market, Segmentation By Indication, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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Table 75: Bayer AG Financial Performance

Table 76: GE Healthcare Financial Performance

Table 77: Guerbet Group Financial Performance

Table 78: Lantheus Medical Imaging Inc. Financial Performance

Table 79: Unijules Life Sciences Ltd Financial Performance 

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