Market Overview:
The global MRI contrast media market is expected to grow at a CAGR of 5.8% from 2018 to 2030. The growth in the market can be attributed to the increasing incidence of chronic diseases, rising demand for minimally invasive surgeries, and technological advancements in MRI contrast media. In addition, growing awareness about the benefits of MRI contrast media is also contributing to the growth of this market. Based on type, the global MRI contrast media market can be segmented into injection type and oral type. The injection type segment is expected to account for a larger share of the global market than the oral type segment during the forecast period. This can be attributed to factors such as ease-of-use and lower cost associated with injection types as compared with oral types.
Product Definition:
MRI Contrast Media is a substance that is injected into the body to help improve the visibility of organs or tissues in an MRI scan. This can be helpful for diagnosing medical conditions and for guiding treatment.
Injection Type:
Injection Type, it's usage and growth factor in MRI Contrast Media Market Size, Share & Trends Analysis Report By Injection Type (Water-based Injections, Oil-based Injections), By Product (Instruments/Equipment & Consumables), And Segment Forecasts To 2020 -> The global injection type is expected to grow at a CAGR of XX% from 2013 to 2020.
Oral Type:
Oral type is a contrast media used for the diagnosis of oral cancer. It is given by mouth and it accumulates in the tissues of the oral cavity, hence its name.
Application Insights:
Based on application, the global MRI contrast media market is segmented into hospitals and clinics. The hospitals segment dominated the overall market in 2017 owing to factors such as increasing number of surgeries, growing geriatric population and rising incidences of cancer across the globe. An increase in patient admissions for trauma care has also positively influenced growth.
MRI provides accurate diagnosis in patients suffering from acute or chronic injuries or conditions that require detailed analysis such as soft tissue injuries, bone/joint infections & arthritis, spinal cord compression or diseases like multiple sclerosis & Parkinson¢â‚¬â„¢s disease that involves nerve root enhancement (NRE) techniques for better visualization of anatomy. These aforementioned factors are expected to drive demand over the forecast period at a significant rate.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of well-established healthcare infrastructure, high adoption rate of advanced diagnostic techniques and increasing demand for advanced MRI contrast media products. Moreover, rising prevalence of neurological disorders such as multiple sclerosis (MS) is expected to drive regional growth over the forecast period.
Asia Pacific is expected to witness lucrative growth during the forecast period due to improving healthcare facilities and growing patient awareness regarding early diagnosis coupled with rising disposable income levels in emerging economies such as China & India. Furthermore, government initiatives promoting better health outcomes at lower costs are anticipated to boost revenue generation in this region. For instance, The National Health Mission 2015 - 2020 focused on reducing maternal mortality rate by 33% and infant mortality rate by 28%.
Growth Factors:
- Increasing incidence of cancer and other diseases requiring diagnosis and treatment using MRI
- Growing demand for minimally invasive diagnostic procedures
- Advances in MRI technology that improve image quality and enable new applications
- Rising healthcare expenditure by governments and private insurers
- Growing awareness of the benefits of MRI contrast media among physicians and patients
Scope Of The Report
Report Attributes
Report Details
Report Title
MRI Contrast Media Market Research Report
By Type
Injection Type, Oral Type
By Application
Hospitals, Clinics
By Companies
GE, Bayer, Bracco Imaging, Guerbet Group, Hengrui Medicine, Lantheus, YRPG, BeiLu Pharma, GE
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
126
Number of Tables & Figures
89
Customization Available
Yes, the report can be customized as per your need.
Global MRI Contrast Media Market Report Segments:
The global MRI Contrast Media market is segmented on the basis of:
Types
Injection Type, Oral Type
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Clinics
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- GE
- Bayer
- Bracco Imaging
- Guerbet Group
- Hengrui Medicine
- Lantheus
- YRPG
- BeiLu Pharma
- GE
Highlights of The MRI Contrast Media Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Injection Type
- Oral Type
- By Application:
- Hospitals
- Clinics
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the MRI Contrast Media Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
MRI contrast media is a type of imaging agent that helps doctors see structures inside the body more clearly. MRI contrast media can be used to highlight areas of the brain or other organs that may be damaged or diseased.
Some of the major companies in the mri contrast media market are GE, Bayer, Bracco Imaging, Guerbet Group, Hengrui Medicine, Lantheus, YRPG, BeiLu Pharma, GE.
The mri contrast media market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 MRI Contrast Media Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 MRI Contrast Media Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 MRI Contrast Media Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the MRI Contrast Media Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global MRI Contrast Media Market Size & Forecast, 2018-2028
4.5.1 MRI Contrast Media Market Size and Y-o-Y Growth
4.5.2 MRI Contrast Media Market Absolute $ Opportunity
Chapter 5 Global MRI Contrast Media Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 MRI Contrast Media Market Size Forecast by Type
5.2.1 Injection Type
5.2.2 Oral Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global MRI Contrast Media Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 MRI Contrast Media Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Clinics
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global MRI Contrast Media Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 MRI Contrast Media Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America MRI Contrast Media Analysis and Forecast
9.1 Introduction
9.2 North America MRI Contrast Media Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America MRI Contrast Media Market Size Forecast by Type
9.6.1 Injection Type
9.6.2 Oral Type
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America MRI Contrast Media Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Clinics
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe MRI Contrast Media Analysis and Forecast
10.1 Introduction
10.2 Europe MRI Contrast Media Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe MRI Contrast Media Market Size Forecast by Type
10.6.1 Injection Type
10.6.2 Oral Type
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe MRI Contrast Media Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Clinics
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific MRI Contrast Media Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific MRI Contrast Media Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific MRI Contrast Media Market Size Forecast by Type
11.6.1 Injection Type
11.6.2 Oral Type
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific MRI Contrast Media Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Clinics
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America MRI Contrast Media Analysis and Forecast
12.1 Introduction
12.2 Latin America MRI Contrast Media Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America MRI Contrast Media Market Size Forecast by Type
12.6.1 Injection Type
12.6.2 Oral Type
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America MRI Contrast Media Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Clinics
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) MRI Contrast Media Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) MRI Contrast Media Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) MRI Contrast Media Market Size Forecast by Type
13.6.1 Injection Type
13.6.2 Oral Type
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) MRI Contrast Media Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Clinics
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 MRI Contrast Media Market: Competitive Dashboard
14.2 Global MRI Contrast Media Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 GE
14.3.2 Bayer
14.3.3 Bracco Imaging
14.3.4 Guerbet Group
14.3.5 Hengrui Medicine
14.3.6 Lantheus
14.3.7 YRPG
14.3.8 BeiLu Pharma
14.3.9 GE
