Ioversol Market set to hit $911.3 million by 2035, as per recent research by DataString Consulting


Posted April 18, 2025 by Datastring

Other key wide areas like contrast agent in radiology and pharmaceutical industry are expected to push the market to $911.3 million by 2035 from $460.6 million of 2024.

 
Widely utilized in radiology, Ioversol is leveraged as an essential contrast agent, aiding in the enhancement of images during CT scans and angiography. This use is dominated by the application of non-ionic Ioversol, primarily based on its low osmolality which provides a clear diagnosis with minimal patient discomfort. Top players in this application are making progress by improving their formulations for better effectiveness and safety, establishing a robust position in the market. The pharmaceutical industry appreciates the benefits of Ioversol in drug research and development. Used in the formulation of diverse therapeutic treatments, the high purity variant of Ioversol has gained significant traction here. Major participants in this application vertical are maximizing their capabilities to refine drug formulations, therefore fortifying their market prominence.

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The radiological applications for Ioversol are skyrocketing, following technological advancements in imaging procedures. This contrast agent, primarily used in medical diagnosis and therapy, is increasingly being employed in CT scans, angiography, and Xrays. Furthermore, its demand within the radiology realm is driven by its optimal opacification, better patient tolerance, and fewer sideeffects.

Industry Leadership and Strategies

The Ioversol market within top 3 demand hubs including U.S., Germany and UK, is characterized by intense competition, with a number of leading players such as GE Healthcare, Guerbet, Jiangsu Hengrui Medicine Co. Ltd, Jodas Expoim, Liebel-Flarsheim Company LLC, Mallinckrodt, Nanjing Jiancheng Bioengineering Institute, Sanochemia Pharmazeutika AG, Sterling Diagnostic Imaging, Teleflex, Ultraject and Yangtze River Pharmaceutical Group. Below table summarize the strategies employed by these players within the eco-system.

This market is expected to expand substantially between 2025 and 2030, supported by market drivers such as rising demand for diagnostic imaging, advancements in imaging technology, and growing geriatric population.

Regional Analysis

The North American region holds a significant share in the global Ioversol market, attributed to the sophisticated healthcare infrastructure, technological advancement, and high awareness levels concerning diagnostic procedures. Besides, the presence of key manufacturers stimulating competition, such as GE Healthcare and Bayer AG, contributes to the growth of Ioversol usage in the region. The constantly advancing medical imaging technologies and proliferation in the incidence of cardiovascular diseases further drive Ioversols demand. American Thoracic Societys new guidelines encouraging the use of Ioversol in diagnostic testing could be a potential game-changer, potentially presenting new opportunities for growth in this sector.

Research Study analyse the global Ioversol market in detail and covers industry insights & opportunities at Iodine Concentration (240 mg, 300 mg, 320 mg, 350 mg), Applications (Neurology, Cardiology, Urology, Gastroenterology, Musculoskeletal Imaging, Oncology) and Administration Route (Intravenous, Intra-arterial, Intrathecal, Intracavitary) for more than 20 countries.

About DataString Consulting

DataString Consulting assist companies in strategy formulations & roadmap creation including TAM expansion, revenue diversification strategies and venturing into new markets; by offering in depth insights into developing trends and competitor landscapes as well as customer demographics. Our customized & direct strategies, filters industry noises into new opportunities; and reduces the effective connect time between products and its market niche.

DataString Consulting offers complete range of market research and business intelligence solutions for both B2C and B2B markets all under one roof. DataStringโ€™s leadership team has more than 30 years of combined experience in Market & business research and strategy advisory across the world. Our Industry experts and data aggregators continuously track & monitor high growth segments within more than 15 industries and 60 sub-industries.
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Last Updated April 18, 2025