Regardless of a company’s size or income, the most recent research report from Quadintel offers a thorough analysis of the global MRI Contrast Media Agents Market for the years 2023–2030.
The global market report provides statistics and information on the evolution of the investment structure, technological advancements, industry trends and developments, market players’ capabilities, and in-depth details on the major market players. The analysis also includes a summary of the global market strategies that have been implemented in light of the industry’s present and future conditions.
An overview of the MRI Contrast Media Agents Market, the current state of the industry, market trends, significant market participants, product type, application, and geography are provided at the beginning of the study. It also covers how COVID-19 has affected market participants, end-user industries, future predictions, growth potential, and worldwide market trends.
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Market Overview:
Global MRI Contrast Media Agents Market is valued at approximately USD $$ billion in 2021 and is anticipated to grow with a healthy growth rate of more than $% over the forecast period 2023-2030.
MRI contrast media agents are contrast agents that help in enhancing the visibility of internal body structures in magnetic resonance imaging. There are two types of MRI contrast media agents that are superparamagnetic agents and paramagnetic agents. The increasing geriatric population, growing awareness regarding early diagnosis, coupled with the rising incidence of chronic diseases such as cardiovascular, breast cancer, and neurological diseases are some prominent factors that are leveraging the market growth across the globe. According to the World Health Organization (WHO) report 2021, there were approximately 17.9 million deaths responsible to cardiovascular diseases in 2019, which shows nearly 32% of all deaths globally. Consequentially, rising cases of cardiovascular diseases act as catalyzing factor for market growth. In addition, growing investment in R&D activities, as well as increasing technological advancement are providing lucrative opportunities for the global market development in the forthcoming years. However, the high cost of MRI contrast media agents and the dearth of skilled professionals stifles market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global MRI Contrast Media Agents Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the space in terms of revenue, owing to the rising incidence of chronic diseases, growing focus on technological innovations, along with growing investment in R&D activities. Whereas, Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as increasing geriatric population, growth of the medical tourism industry, and rising demand for advanced imaging modalities.
Major market players included in this report are:
- GE Healthcare
- Bayer AG
- Guerbet GmbH
- Bracco Imaging Spa
- Vitalquan, LLC
- Miltenyi Biotec B.V. & Co. Kg
- Acro Lifesciences (I) Pvt. Ltd.
- Trivitron Healthcare Pvt. Ltd.
- Taejoon Pharm
- SANOCHEMIA Pharmazeutika GmbH
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Recent Developments in the Market:
In November 2019, GE Healthcare broadcasted the FDA approval of its Clariscan- a macrocyclic, ionic, gadolinium-based MRI contrast agent. The product is used to visualize the disruption of the blood-brain barrier or any abnormal neurological imaging in both adult and pediatric patients.
in July 2019, Bayer AG declared the FDA approval of Gadavist, which is a gadobutrol injection, which is a contrast agent used for cardiac MRI to detect and monitor coronary artery disease.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Product:
Superparamagnetic agents
Paramagnetic agents
By Application:
Gastrointestinal
Intravenous
Hepatobiliary
Neurological Imaging
Others
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By End-use:
Hospitals
Imaging Centers
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
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Report Include:
- Market Behavior/ Level of Risk and Opportunity
- End Industry Behavior/ Opportunity Assessment
- Expected Industry Recovery Timeline
Key Market Features in Global Market: The report assessed key market features, including revenue, capacity, price, capacity utilization rate, production rate, gross, production, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. The study also offers a thorough analysis of the most important market factors and their most recent developments, as well as pertinent market segments and sub-segments.
In this report, the following important queries are addressed:
- What is the Global market’s sales value, production value, consumption value, import, and export (including North America, Europe, Asia-Pacific, South America, Middle East, and Africa)?
- Who are the major manufacturers in this sector on a global scale? How are their capacity, production, sales, pricing, cost, gross, and revenue operating?
- What are the vendors’ market prospects and risks in the international industry?
- Which product types, end users, or applications might be looking for additional growth prospects? What is each type’s and application’s market share?
- What specific strategies and limitations are keeping the market in check?
- What is the various marketing, sales, and distribution channels in the international market?
- What are the upstream raw materials, as well as the manufacturing machinery?
- What are the market opportunities, market risk, and market overview of this industry?
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