ACCESS Newswire
12 Feb 2020, 21:01 GMT+10
Prominent players must intensify their efforts in developing non-invasive, advanced diagnostic imaging techniques for sustained competitive advantage.
DUBAI, UAE / ACCESSWIRE / February 12, 2020 / 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.
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Key Takeaways of Magnetic Resonance Imaging Contrast Agents Market Study
Top Growth Drivers
Key Restraints
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.
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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.
About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centers in the U.S. and India. FMI's largest market research reports and industry analysis help businesses navigate challenges and take critical decisions with confidence and clarity amidst breakneck competition.
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United Arab Emirates
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Press Release Source: https://www.futuremarketinsights.com/press-release/magnetic-resonance-imaging-mri-contrast-agents-market
Research Report: https://www.futuremarketinsights.com/reports/magnetic-resonance-imaging-mri-contrast-agents-marke
SOURCE: Future Market Insights
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