Title: Magnetic Resonance Imaging (MRI) Contrast Agents Market to Record CAGR of 4% Rise in Growth by 2019 - 2029
1Healthcare, Pharmaceuticals Medical Devices
Report Id REP-GB-11023 Published On
Feb-2020 Category Healthcare, Pharmaceuticals
Medical Devices
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4Magnetic Resonance Imaging (MRI) Contrast Agents
Market
- Magnetic Resonance Imaging (MRI) Contrast Agents
Market growing at a CAGR of 4 through 2019 -
2029 - The global demand for magnetic resonance imaging
(MRI) contrast agents is poised for a promising
CAGR of more than 4 during 2019-2029. Disease
diagnosis will remain the growth engine of MRI
contrast agents market, owing to rapid evolution
of imaging technology, reveals the new Future
Market Insights (FMI) study. - "Magnetic resonance imaging has gained increasing
significance as a diagnostic technology. The
segment is underpinned by heightened demand in
magnetic resonance spectroscopy, elastography,
diffusion weighted imaging and dynamic
contrast-enhanced imaging," concludes the FMI
report. - Key Takeaways of Magnetic Resonance Imaging
Contrast Agents Market Study - Paramagnetic contrast agents constitute the
leading category, with 99 of revenue share
projected in 2029. - Extracellular fluid (ECF) paramagnetic contrast
agent contributes a substantial chunk of revenues
to market.
5Magnetic Resonance Imaging (MRI) Contrast Agents
Market
- Hospitals continue to be the major end user in
magnetic resonance imaging contrast agents
market. - Diagnostic centers will augment the growth of MRI
contrast agents market during the forecast
period. - North America will continue to occupy the leading
market share by 2029 end. - Top Growth Drivers
- Rising incidences of chronic diseases are
accelerating the need for timely diagnosis,
thereby boosting demand for MRI contrast agents. - Innovative technologies in non-invasive disease
diagnostic imaging is accentuating the need for
effective MRI contrast agents. - Increasing preference for cost-effective MRI
contrast agents is fueling the market growth. - Increasing number of brain aneurysm and traumatic
brain injury cases is driving the demand for MRI
contrast agents.
6Magnetic Resonance Imaging (MRI) Contrast Agents
Market
- Key Restraints
- Gadolinium-based contrast agents can be harmful
to human beings in the long-term, which is
restraining the market growth. - A sizeable number of physicians continue to opt
for faster and cost-effective alternatives like
CT scan and X-ray, impeding market growth. - Relatively high price point of MRI diagnosis
remains a major roadblock to wider adoption in
developing countries. - Competition Landscape
- The MRI contrast agents market is highly
consolidated, where Bayer AG occupies the top
spot with over 65 market share in revenue. Some
of the other prominent players that are profiled
in this strudy include but are not limited to GE
Healthcare LLC., Guerbet GmbH, and Bracco Imaging
SpA. Key players in MRI contrast agents market
are bolstering their credibility through product
launch activities. For instance, Bracco
Diagnostics Inc. launched a new MRI contrast
agent called Gadoteridol to visualize neck and
head lesions during MRI. Similarly, a macrocyclic
MRI contrast agent called Clariscan was
introduced by GE Healthcare in Europe. Other
market leaders are diversifying their product
portfolio by acquiring mid-size and small
companies.
7Magnetic Resonance Imaging (MRI) Contrast Agents
Market
- More About the Report
- This Future Market Insights study of 233 pages
offers actionable insights on magnetic resonance
imaging contrast agents market. The market
analysis is based on product type (paramagnetic
contrast agents, superparamagnetic contrast
agents), end-user (hospitals, ambulatory surgical
centers, diagnostic centers) across seven regions
(Oceania, Latin America, North America, East
Asia, South Asia, Europe, Middle East Africa). - Explore Extensive Coverage of FMI's Health,
Pharmaceuticals and Medical Devices Landscape - MRI Transport Market - Take a deep dive into
FMI's report on MRI transport market which
scrutinizes key opportunities and trends shaping
the global market. - Preclinical MRI Equipment Market - Know what
developmental strategies are being adopted by
leading market players in preclinical MRI
equipment market which is poised for robust
growth during 2017-2027. - Magnetic Resonance Imaging (MRI) Market - Obtain
detailed analysis of magnetic resonance imaging
market offered by FMI which covers regional
market forecast, segmental analysis, regulatory
policies, innovations, growth levers and key
initiatives undertaken by prominent players in
this rapidly evolving industry.
8Magnetic Resonance Imaging (MRI) Contrast Agents
Market
- Press-release Source - https//www.accesswire.com/
576172/Magnetic-Resonance-Imaging-MRI-Contrast-Age
nts-Market-Set-for-Promising-Growth-Through-2029-P
aramagnetic-Variants-Hold-a-Majority-of-Share-FMI - More Related Press-release-
- https//medium.com/_at_mahi041988/surgical-tourniquet
s-market-analysis-market-to-record-cagr-of-8-incre
ase-in-revenue-by-2019-2029-2afa7ea81e4f - https//www.agreatertown.com/valley_cottage_ny/sur
gical_tourniquets_market_analysis_market_is_antici
pated_to_register_at_a_healthy_cagr_of_8_during_th
e_forecast_period_2019_2029_0007480122 - https//www.hashtap.com/_at_mahima.jain/surgical-tour
niquets-market-analysis-market-expand-at-the-faste
st-cagr-of-8-during-the-forecast-period-2019-2029-
ndMx64NoqgW6
9Magnetic Resonance Imaging (MRI) Contrast Agents
Market
- About Us
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view of the competitive framework and future
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