United States MRI Contrast Media Agents Market 2025 | Growth Drivers, Key Players & Investment Opportunities

Market Size and Growth

The global MRI contrast media agents market reached US$ 2.1 billion in 2022 and is expected to witness lucrative growth by reaching up to US$ 3.5 billion by 2030. The global MRI contrast media agents market is expected to exhibit a CAGR of 6.9% during the forecast period (2023-2030).

Key Development:

✅ In July 2025, Bayer submitted its investigational extracellular macrocyclic contrast agent, Gadoquatrane, for marketing authorization in Japan. This submission marks a significant step in expanding the availability of advanced MRI contrast agents in the Japanese market.

✅ In June 2025, Bayer submitted its investigational extracellular macrocyclic contrast agent, Gadoquatrane, for marketing authorization in the U.S. This agent aims to enhance contrast in MRI imaging, offering potential improvements in diagnostic accuracy

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MRI Contrast Media Agents are substances administered to patients during magnetic resonance imaging (MRI) to enhance the visibility of tissues, organs, or blood vessels. They improve image clarity, aid in accurate diagnosis, and help detect abnormalities such as tumors, inflammation, or vascular disorders.

Recent Mergers and Acquisitions

United States: Recent M&A Developments in MRI Contrast Media

✅ In March 2025, Bracco Diagnostics Inc. acquired a leading MRI contrast media injector company to expand its portfolio and strengthen its position in the North American market. This strategic move integrates advanced injector technologies with Bracco's contrast agents.

✅ In February 2025, Lantheus Holdings, Inc. acquired a company focused on developing gadolinium-free MRI contrast agents. This aligns with Lantheus's strategy to diversify its product offerings and address growing safety concerns associated with gadolinium-based agents.

✅ In January 2025, GE HealthCare announced the acquisition of a startup specializing in macrocyclic manganese-based MRI contrast agents. This acquisition is expected to accelerate GE HealthCare's development of next-generation contrast agents, enhancing imaging capabilities.

Japan: Recent M&A Developments in MRI Contrast Media

✅ In June 2025, Hitachi Chemical Co., Ltd. announced the acquisition of a company developing MRI contrast agents with improved renal clearance. This move aims to address safety concerns and expand Hitachi's product portfolio in the MRI contrast media market.

✅ In May 2025, Canon Medical Systems Corporation acquired a startup focused on developing MRI contrast agents using alternative metals to gadolinium. This supports Canon's commitment to developing safer and more sustainable imaging solutions.

✅ In April 2025, Fujifilm Corporation acquired a Japanese biotech firm specializing in MRI contrast agents for liver imaging. This acquisition enhances Fujifilm's capabilities in precision imaging for liver diseases.

Key Players:

-> GE Healthcare, Bracco Imaging SPA, Bayer AG, Guerbet, Lantheus Medical Imaging, Unijules Life Sciences, B. Chemicals and Pharmaceuticals Ltd., SANOCHEMIA Pharmazeutika GmbH, Taejoon Pharm, and Jodas Expoim among others.

Growth Forecast Projected:

The Global MRI Contrast Media Agents Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global MRI Contrast Media Agents Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Key Segments:

➥ By Product: Paramagnetic Agents, Superparamagnetic Agents
➥ By Indication: Clinical, Preclinical
➥ By Application: Cancer, Gastrointestinal, Hepatobiliary, Neurological Imaging, Others
➥ By End-User: Hospitals, Diagnostic and Imaging Centers, Others

Regional Analysis for MRI Contrast Media Agents Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

Chapter 1: Sets the stage by outlining the report's coverage, summarizing key market segments by region, product type, and application. Presents a snapshot of market sizes, growth potential across segments, and anticipated industry evolution both short and long term.

Chapter 2: Highlights pivotal market insights and uncovers the most significant emerging trends driving change within the industry.

Chapter 3: Offers an in-depth look at the competitive landscape among MRI Contrast Media Agents producers, including revenue shares, strategic moves, and recent mergers and acquisitions.

Chapter 4: Presents comprehensive profiles of the market's key players, delving into details such as revenue, profit margins, product portfolios, and company milestones.

Chapters 5 & 6: Analyze MRI Contrast Media Agents revenue at both regional and country levels, providing quantitative breakdowns of market sizes, growth opportunities, and development prospects worldwide.

Chapter 7: Focuses on different market segments by type, examining their individual sizes and potential, guiding readers toward high-impact, untapped market areas.

Chapter 8: Explores segmentation by application, evaluating industry growth potential in various downstream markets and pinpointing promising sectors for expansion.

Chapter 9: Provides a thorough review of the industry's supply chain mapping out both upstream and downstream activities.

Chapter 10: Concludes with a summary of the report's key findings and highlights the most critical takeaways for industry stakeholders.

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FAQ

What is the current size of the MRI Contrast Media Agents Market?

A: In 2022, the MRI Contrast Media Agents Market was valued at US$ 2.1 billion , reflecting its strong industry presence.

Q2: How large is the MRI Contrast Media Agents Market expected to be by 2031?

A: By 2030, industry forecasts suggest the MRI Contrast Media Agents Market will grow to around US$ 3.5 billion , demonstrating significant expansion.

Q3: What is the growth rate of the MRI Contrast Media Agents Market?

A: The market is projected to expand at a compound annual growth rate (CAGR) of 6.9% during the forecast period from 2024 to 2031.

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