Product Code: MCP-3336
Global Imaging Agents Market to Reach US$12.9 Billion by the Year 2027
Amid the COVID-19 crisis, the global market for Imaging Agents estimated at US$10.4 Billion in the year 2020, is projected to reach a revised size of US$12.9 Billion by 2027, growing at a CAGR of 3.1% over the analysis period 2020-2027.Diagnostic Radiopharmaceuticals, one of the segments analyzed in the report, is projected to grow at a 3.5% CAGR to reach US$6.4 Billion by the end of the analysis period.After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the X-Ray/CT segment is readjusted to a revised 2.6% CAGR for the next 7-year period. This segment currently accounts for a 35.6% share of the global Imaging Agents market.
The U.S. Accounts for Over 27% of Global Market Size in 2020, While China is Forecast to Grow at a 5.8% CAGR for the Period of 2020-2027
The Imaging Agents market in the U.S. is estimated at US$2.8 Billion in the year 2020. The country currently accounts for a 27.01% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$2.7 Billion in the year 2027 trailing a CAGR of 5.8% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.8% and 2.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.5% CAGR while Rest of European market (as defined in the study) will reach US$2.7 Billion by the year 2027.
MRI Segment Corners a 12.9% Share in 2020
In the global MRI segment, USA, Canada, Japan, China and Europe will drive the 2.5% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$1 Billion in the year 2020 will reach a projected size of US$1.2 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$1.8 Billion by the year 2027, while Latin America will expand at a 3.7% CAGR through the analysis period. We bring years of research experience to this 18th edition of our report. The 196-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others,
- Aytu BioScience Inc.
- Bayer Healthcare Pharmaceuticals
- Bracco Diagnostics Inc.
- Curium
- Daiichi Sankyo Company Limited
- Eli Lilly
- GE Healthcare
- Guerbet Group
- Lantheus Medical Imaging Inc.
- Piramal Imaging SA
TABLE OF CONTENTS
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Imaging Agents: Providing Brighter and Clearer Images for Effective Clinical Diagnosis
- Recent Market Activity
- Major Growth Drivers in a Nutshell
- Growing Need for Early Disease Diagnosis Fosters Demand for Imaging Agents
- Select Market Growth Restraints
- Contrast Media: Giving Way to Contemporary Offshoots
- X-ray/CT Segment Continues to Lead Contrast Media Market
- Developed Economies Face Threat from Rising Demand for Contrast Agents in Asia-Pacific
- Diagnostic Radiopharmaceuticals to Outdo Contrast Media
- Nuclear Medicine: A Potential Growth Avenue for Dx Radiopharmaceuticals
- Select PET and SPECT Radioisotopes Used in Nuclear Medicine
- Select Cardiology and Oncology Radiopharmaceuticals
- Developed Markets Rule the Imaging Agents Market, Developing Regions to Spearhead Future Growth
- Global Competitor Market Shares
- Imaging Agents Competitor Market Share Scenario Worldwide (in %): 2018 & 2029
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
- Aytu BioScience, Inc. (USA)
- Bayer Healthcare Pharmaceuticals (Germany)
- Bracco Diagnostics, Inc. (USA)
- Curium (France)
- Daiichi Sankyo Company Limited (Japan)
- Bracco-Eisai Co., Ltd (Japan)
- Eli Lilly and Company (USA)
- GE Healthcare (UK)
- Guerbet Group (France)
- Lantheus Medical Imaging, Inc. (USA)
- Piramal Imaging SA (Switzerland)
3. MARKET TRENDS & DRIVERS
- Sustained Expansion of Molecular Imaging Platform Presents Positive Outlook
- Novel Radiopharmaceuticals Add New Dimensions to Molecular Imaging
- Latest Radiopharmaceuticals to BenefitMolecular Imaging
- Microbubbles/Ultrasound Contrast Agents Set for Strong Growth
- Growing Interest in Image Guided Surgery Offers New Opportunities
- Role of Near-Infrared Contrast Agents for Image Guided Surgery
- Fluorescence Optical Imaging - Opens New Avenues
- Coronary CT Angiography Opens Up Opportunities for Contrast Agents
- List of Iodine-Containing Contrast Agents for Coronary CT Angiography
- Targeted Imaging - A Game Changer in the Making
- Rising Clinical Acceptance of MRI Systems Augurs Well for Contrast Agents Market
- Researchers Develop Iron Oxide-based Contrast Agent for MRI
- Nanomaterials Taking the Center Stage
- New Nanoparticle Contrast Agents on the Horizon Show Promise
- Gadolinium Coated Nanoparticles - A Promising Imaging Agent
- Growing Focus on Development of Gold Nanoparticles in X-Ray Imaging
- Imaging Agents Make a Welcome Impact in the Field of Alzheimer's Disease
- List of FDA Approved Alzheimer's Diagnostic Imaging Agents
- Contrast-Enhanced Tomosynthesis Expands Opportunities
- Hyperpolarized Gases as Contrast Agents
- Multi-Modal Imaging: Combating Contrast Medium Inconsistencies
- Falling Prices Turn on the Heat
- Ultrasound Contrast Agents in Diagnosis of Kidney Ailments
- PET: A Prime Growth Driver for Diagnostic Radiopharmaceuticals
- Innovative Radiotracers to Boost Cardiac Applications for SPECT and PET Modalities
- A Peek at Global CVD Stats
- Echocardiography Examinations -Improving Diagnostic Quality through Contrast Agents
- Opportunities on Rise for Fluorine-Based Myocardial Perfusion Agents
- Unfounded Fears of Radiation Exposure: A Major Concern for Nuclear Diagnostics
- Rising Incidence of Cancer - A Major Growth Driver
- World Cancer Statistics - Incidence and Mortality Data
- Improving Healthcare Expenditure to Foster Growth
- Aging Population - A Vital Demography
- A Peek into Pricing Dynamics
- Packaging of Contrast Agents - An Overview
- Global Supply Shortages Restrains Radiopharmaceuticals Market
- Price Sensitivity & Competition from Alternatives
- Lack of Dosage Standards for Pediatric Patients LimitsRadiopharmaceutical Efficacy
- Reimbursement Scenario
4. GLOBAL MARKET PERSPECTIVE
- TABLE 1: Imaging Agents Global Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
- TABLE 2: Imaging Agents Global Retrospective Market Scenario in US$ Million by Region/Country: 2012-2019
- TABLE 3: Imaging Agents Market Share Shift across Key Geographies Worldwide: 2012 VS 2020 VS 2027
- TABLE 4: Diagnostic Radiopharmaceuticals (Product Segment) World Market by Region/Country in US$ Million: 2020 to 2027
- TABLE 5: Diagnostic Radiopharmaceuticals (Product Segment) Historic Market Analysis by Region/Country in US$ Million: 2012 to 2019
- TABLE 6: Diagnostic Radiopharmaceuticals (Product Segment) Market Share Breakdown of Worldwide Sales by Region/Country: 2012 VS 2020 VS 2027
- TABLE 7: X-Ray/CT (Product Segment) Potential Growth Markets Worldwide in US$ Million: 2020 to 2027
- TABLE 8: X-Ray/CT (Product Segment) Historic Market Perspective by Region/Country in US$ Million: 2012 to 2019
- TABLE 9: X-Ray/CT (Product Segment) Market Sales Breakdown by Region/Country in Percentage: 2012 VS 2020 VS 2027
- TABLE 10: MRI (Product Segment) Geographic Market Spread Worldwide in US$ Million: 2020 to 2027
- TABLE 11: MRI (Product Segment) Region Wise Breakdown of Global Historic Demand in US$ Million: 2012 to 2019
- TABLE 12: MRI (Product Segment) Market Share Distribution in Percentage by Region/Country: 2012 VS 2020 VS 2027
- TABLE 13: Ultrasound (Product Segment) World Market Estimates and Forecasts by Region/Country in US$ Million: 2020 to 2027
- TABLE 14: Ultrasound (Product Segment) Market Historic Review by Region/Country in US$ Million: 2012 to 2019
- TABLE 15: Ultrasound (Product Segment) Market Share Breakdown by Region/Country: 2012 VS 2020 VS 2027
III. MARKET ANALYSIS
- GEOGRAPHIC MARKET ANALYSIS
- UNITED STATES
- Market Facts & Figures
- US Imaging Agents Market Share (in %) by Company: 2018 & 2025
- Market Analytics
- TABLE 16: United States Imaging Agents Market Estimates and Projections in US$ Million by Product Segment: 2020 to 2027
- TABLE 17: Imaging Agents Market in the United States by Product Segment: A Historic Review in US$ Million for 2012-2019
- TABLE 18: United States Imaging Agents Market Share Breakdown by Product Segment: 2012 VS 2020 VS 2027
- CANADA
- TABLE 19: Canadian Imaging Agents Market Estimates and Forecasts in US$ Million by Product Segment: 2020 to 2027
- TABLE 20: Canadian Imaging Agents Historic Market Review by Product Segment in US$ Million: 2012-2019
- TABLE 21: Imaging Agents Market in Canada: Percentage Share Breakdown of Sales by Product Segment for 2012, 2020, and 2027
- JAPAN
- TABLE 22: Japanese Market for Imaging Agents: Annual Sales Estimates and Projections in US$ Million by Product Segment for the Period 2020-2027
- TABLE 23: Imaging Agents Market in Japan: Historic Sales Analysis in US$ Million by Product Segment for the Period 2012-2019
- TABLE 24: Japanese Imaging Agents Market Share Analysis by Product Segment: 2012 VS 2020 VS 2027
- CHINA
- TABLE 25: Chinese Imaging Agents Market Growth Prospects in US$ Million by Product Segment for the Period 2020-2027
- TABLE 26: Imaging Agents Historic Market Analysis in China in US$ Million by Product Segment: 2012-2019
- TABLE 27: Chinese Imaging Agents Market by Product Segment: Percentage Breakdown of Sales for 2012, 2020, and 2027
- EUROPE
- Market Facts & Figures
- European Imaging Agents Market: Competitor Market Share Scenario (in %) for 2018 & 2025
- Market Analytics
- TABLE 28: European Imaging Agents Market Demand Scenario in US$ Million by Region/Country: 2020-2027
- TABLE 29: Imaging Agents Market in Europe: A Historic Market Perspective in US$ Million by Region/Country for the Period 2012-2019
- TABLE 30: European Imaging Agents Market Share Shift by Region/Country: 2012 VS 2020 VS 2027
- TABLE 31: European Imaging Agents Market Estimates and Forecasts in US$ Million by Product Segment: 2020-2027
- TABLE 32: Imaging Agents Market in Europe in US$ Million by Product Segment: A Historic Review for the Period 2012-2019
- TABLE 33: European Imaging Agents Market Share Breakdown by Product Segment: 2012 VS 2020 VS 2027
- FRANCE
- TABLE 34: Imaging Agents Market in France by Product Segment: Estimates and Projections in US$ Million for the Period 2020-2027
- TABLE 35: French Imaging Agents Historic Market Scenario in US$ Million by Product Segment: 2012-2019
- TABLE 36: French Imaging Agents Market Share Analysis by Product Segment: 2012 VS 2020 VS 2027
- GERMANY
- TABLE 37: Imaging Agents Market in Germany: Recent Past, Current and Future Analysis in US$ Million by Product Segment for the Period 2020-2027
- TABLE 38: German Imaging Agents Historic Market Analysis in US$ Million by Product Segment: 2012-2019
- TABLE 39: German Imaging Agents Market Share Breakdown by Product Segment: 2012 VS 2020 VS 2027
- ITALY
- TABLE 40: Italian Imaging Agents Market Growth Prospects in US$ Million by Product Segment for the Period 2020-2027
- TABLE 41: Imaging Agents Historic Market Analysis in Italy in US$ Million by Product Segment: 2012-2019
- TABLE 42: Italian Imaging Agents Market by Product Segment: Percentage Breakdown of Sales for 2012, 2020, and 2027
- UNITED KINGDOM
- TABLE 43: United Kingdom Market for Imaging Agents: Annual Sales Estimates and Projections in US$ Million by Product Segment for the Period 2020-2027
- TABLE 44: Imaging Agents Market in the United Kingdom: Historic Sales Analysis in US$ Million by Product Segment for the Period 2012-2019
- TABLE 45: United Kingdom Imaging Agents Market Share Analysis by Product Segment: 2012 VS 2020 VS 2027
- SPAIN
- TABLE 46: Spanish Imaging Agents Market Estimates and Forecasts in US$ Million by Product Segment: 2020 to 2027
- TABLE 47: Spanish Imaging Agents Historic Market Review by Product Segment in US$ Million: 2012-2019
- TABLE 48: Imaging Agents Market in Spain: Percentage Share Breakdown of Sales by Product Segment for 2012, 2020, and 2027
- RUSSIA
- TABLE 49: Russian Imaging Agents Market Estimates and Projections in US$ Million by Product Segment: 2020 to 2027
- TABLE 50: Imaging Agents Market in Russia by Product Segment: A Historic Review in US$ Million for 2012-2019
- TABLE 51: Russian Imaging Agents Market Share Breakdown by Product Segment: 2012 VS 2020 VS 2027
- REST OF EUROPE
- TABLE 52: Rest of Europe Imaging Agents Market Estimates and Forecasts in US$ Million by Product Segment: 2020-2027
- TABLE 53: Imaging Agents Market in Rest of Europe in US$ Million by Product Segment: A Historic Review for the Period 2012-2019
- TABLE 54: Rest of Europe Imaging Agents Market Share Breakdown by Product Segment: 2012 VS 2020 VS 2027
- ASIA-PACIFIC
- TABLE 55: Asia-Pacific Imaging Agents Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
- TABLE 56: Imaging Agents Market in Asia-Pacific: Historic Market Analysis in US$ Million by Region/Country for the Period 2012-2019
- TABLE 57: Asia-Pacific Imaging Agents Market Share Analysis by Region/Country: 2012 VS 2020 VS 2027
- TABLE 58: Imaging Agents Market in Asia-Pacific by Product Segment: Estimates and Projections in US$ Million for the Period 2020-2027
- TABLE 59: Asia-Pacific Imaging Agents Historic Market Scenario in US$ Million by Product Segment: 2012-2019
- TABLE 60: Asia-Pacific Imaging Agents Market Share Analysis by Product Segment: 2012 VS 2020 VS 2027
- AUSTRALIA
- TABLE 61: Imaging Agents Market in Australia: Recent Past, Current and Future Analysis in US$ Million by Product Segment for the Period 2020-2027
- TABLE 62: Australian Imaging Agents Historic Market Analysis in US$ Million by Product Segment: 2012-2019
- TABLE 63: Australian Imaging Agents Market Share Breakdown by Product Segment: 2012 VS 2020 VS 2027
- INDIA
- TABLE 64: Indian Imaging Agents Market Estimates and Forecasts in US$ Million by Product Segment: 2020 to 2027
- TABLE 65: Indian Imaging Agents Historic Market Review by Product Segment in US$ Million: 2012-2019
- TABLE 66: Imaging Agents Market in India: Percentage Share Breakdown of Sales by Product Segment for 2012, 2020, and 2027
- SOUTH KOREA
- TABLE 67: Imaging Agents Market in South Korea: Recent Past, Current and Future Analysis in US$ Million by Product Segment for the Period 2020-2027
- TABLE 68: South Korean Imaging Agents Historic Market Analysis in US$ Million by Product Segment: 2012-2019
- TABLE 69: Imaging Agents Market Share Distribution in South Korea by Product Segment: 2012 VS 2020 VS 2027
- REST OF ASIA-PACIFIC
- TABLE 70: Rest of Asia-Pacific Market for Imaging Agents: Annual Sales Estimates and Projections in US$ Million by Product Segment for the Period 2020-2027
- TABLE 71: Imaging Agents Market in Rest of Asia-Pacific: Historic Sales Analysis in US$ Million by Product Segment for the Period 2012-2019
- TABLE 72: Rest of Asia-Pacific Imaging Agents Market Share Analysis by Product Segment: 2012 VS 2020 VS 2027
- LATIN AMERICA
- TABLE 73: Latin American Imaging Agents Market Trends by Region/Country in US$ Million: 2020-2027
- TABLE 74: Imaging Agents Market in Latin America in US$ Million by Region/Country:
- A Historic Perspective for the Period 2012-2019
- TABLE 75: Latin American Imaging Agents Market Percentage Breakdown of Sales by Region/Country: 2012, 2020, and 2027
- TABLE 76: Latin American Imaging Agents Market Growth Prospects in US$ Million by Product Segment for the Period 2020-2027
- TABLE 77: Imaging Agents Historic Market Analysis in Latin America in US$ Million by Product Segment: 2012-2019
- TABLE 78: Latin American Imaging Agents Marketby Product Segment: Percentage Breakdown of Sales for 2012, 2020, and 2027
- ARGENTINA
- TABLE 79: Argentinean Imaging Agents Market Estimates and Forecasts in US$ Million by Product Segment: 2020-2027
- TABLE 80: Imaging Agents Market in Argentina in US$ Million by Product Segment: A Historic Review for the Period 2012-2019
- TABLE 81: Argentinean Imaging Agents Market Share Breakdown by Product Segment: 2012 VS 2020 VS 2027
- BRAZIL
- TABLE 82: Imaging Agents Market in Brazil by Product Segment: Estimates and Projections in US$ Million for the Period 2020-2027
- TABLE 83: Brazilian Imaging Agents Historic Market Scenario in US$ Million by Product Segment: 2012-2019
- TABLE 84: Brazilian Imaging Agents Market Share Analysis by Product Segment: 2012 VS 2020 VS 2027
- MEXICO
- TABLE 85: Imaging Agents Market in Mexico: Recent Past, Current and Future Analysis in US$ Million by Product Segment for the Period 2020-2027
- TABLE 86: Mexican Imaging Agents Historic Market Analysis in US$ Million by Product Segment: 2012-2019
- TABLE 87: Mexican Imaging Agents Market Share Breakdown by Product Segment: 2012 VS 2020 VS 2027
- REST OF LATIN AMERICA
- TABLE 88: Rest of Latin America Imaging Agents Market Estimates and Projections in US$ Million by Product Segment: 2020 to 2027
- TABLE 89: Imaging Agents Market in Rest of Latin America by Product Segment: A Historic Review in US$ Million for 2012-2019
- TABLE 90: Rest of Latin America Imaging Agents Market Share Breakdown by Product Segment: 2012 VS 2020 VS 2027
- MIDDLE EAST
- TABLE 91: The Middle East Imaging Agents Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
- TABLE 92: Imaging Agents Market in the Middle East by Region/Country in US$ Million: 2012-2019
- TABLE 93: The Middle East Imaging Agents Market Share Breakdown by Region/Country: 2012, 2020, and 2027
- TABLE 94: The Middle East Imaging Agents Market Estimates and Forecasts in US$ Million by Product Segment: 2020 to 2027
- TABLE 95: The Middle East Imaging Agents Historic Marketby Product Segment in US$ Million: 2012-2019
- TABLE 96: Imaging Agents Market in the Middle East: Percentage Share Breakdown of Salesby Product Segment for 2012,2020, and 2027
- IRAN
- TABLE 97: Iranian Market for Imaging Agents: Annual Sales Estimates and Projections in US$ Million by Product Segment for the Period 2020-2027
- TABLE 98: Imaging Agents Market in Iran: Historic Sales Analysis in US$ Million by Product Segment for the Period 2012-2019
- TABLE 99: Iranian Imaging Agents Market Share Analysis by Product Segment: 2012 VS 2020 VS 2027
- ISRAEL
- TABLE 100: Israeli Imaging Agents Market Estimates and Forecasts in US$ Million by Product Segment: 2020-2027
- TABLE 101: Imaging Agents Market in Israel in US$ Million by Product Segment: A Historic Review for the Period 2012-2019
- TABLE 102: Israeli Imaging Agents Market Share Breakdown by Product Segment: 2012 VS 2020 VS 2027
- SAUDI ARABIA
- TABLE 103: Saudi Arabian Imaging Agents Market Growth Prospects in US$ Million by Product Segment for the Period 2020-2027
- TABLE 104: Imaging Agents Historic Market Analysis in Saudi Arabia in US$ Million by Product Segment: 2012-2019
- TABLE 105: Saudi Arabian Imaging Agents Market by Product Segment: Percentage Breakdown of Sales for 2012, 2020, and 2027
- UNITED ARAB EMIRATES
- TABLE 106: Imaging Agents Market in the United Arab Emirates: Recent Past, Current and Future Analysis in US$ Million by Product Segment for the Period 2020-2027
- TABLE 107: United Arab Emirates Imaging Agents Historic Market Analysis in US$ Million by Product Segment: 2012-2019
- TABLE 108: Imaging Agents Market Share Distribution in United Arab Emirates by Product Segment: 2012 VS 2020 VS 2027
- REST OF MIDDLE EAST
- TABLE 109: Imaging Agents Market in Rest of Middle East: Recent Past, Current and Future Analysis in US$ Million by Product Segment for the Period 2020-2027
- TABLE 110: Rest of Middle East Imaging Agents Historic Market Analysis in US$ Million by Product Segment: 2012-2019
- TABLE 111: Rest of Middle East Imaging Agents Market Share Breakdown by Product Segment: 2012 VS 2020 VS 2027
- AFRICA
- TABLE 112: African Imaging Agents Market Estimates and Projections in US$ Million by Product Segment: 2020 to 2027
- TABLE 113: Imaging Agents Market in Africa by Product Segment: A Historic Review in US$ Million for 2012-2019
- TABLE 114: African Imaging Agents Market Share Breakdown by Product Segment: 2012 VS 2020 VS 2027
IV. COMPETITION
- Total Companies Profiled: 52
