Ioversol Market
By Type;
Ioversol 34% Injectable Solution (Optiray 160), Ioversol 51% Injectable Solution (Optiray 240), Ioversol 64% Injectable Solution (Optiray 300), Ioversol 68% Injectable Solution (Optiray 320) and Ioversol 74% Injectable Solution (Optiray 350)By Application;
X-Ray, CT Scan, Brain Disorders, Blood Vessel Disorders, Heart Disorders and OthersBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)Ioversol Market Overview
Ioversol Market (USD Million)
Ioversol Market was valued at USD 720.46 million in the year 2024. The size of this market is expected to increase to USD 1,155.69 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 7.0%.
Ioversol Market
*Market size in USD million
CAGR 7.0 %
| Study Period | 2025 - 2031 | 
|---|---|
| Base Year | 2024 | 
| CAGR (%) | 7.0 % | 
| Market Size (2024) | USD 720.46 Million | 
| Market Size (2031) | USD 1,155.69 Million | 
| Market Concentration | Medium | 
| Report Pages | 304 | 
Major Players
- Liebel-Flarsheim Company Llc.
- Guerbet
- Jiangsu Hengrui Medicine Co.
- Mallinckrodt Pharmaceuticals
- Ultraject
- China Resources Pharmaceutical (Shanghai) Co.
- Hb Ocean
- Stellence Pharmscience Pvt. Ltd.
- A.S. Joshi & Company
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Ioversol Market
Fragmented - Highly competitive market without dominant players
The Ioversol Market is becoming increasingly vital within the medical imaging field, fueled by the surge in demand for reliable diagnostic methods. Diagnostic imaging procedures have risen by nearly 45%, highlighting the growing need for safe and effective contrast agents. With its low osmolality and proven safety profile, Ioversol has established itself as a leading option for improving image quality.
Broadening Diagnostic Utilization
The use of Ioversol contrast agents is no longer limited to conventional scans, with CT imaging adoption climbing by 38% and cardiac imaging by 32%. Its adaptability ensures better visualization across multiple medical conditions. The growing incidence of chronic diseases and focus on early diagnosis continue to drive market uptake.
Technological Progress Boosting Demand
Innovations in radiology and imaging systems are advancing the use of Ioversol across healthcare facilities. Nearly 50% of diagnostic centers have modernized their equipment to work seamlessly with safer and more efficient contrast agents. This compatibility, combined with improved patient safety and imaging outcomes, is accelerating adoption rates.
Healthcare Investments Supporting Growth
Expanding healthcare budgets worldwide are creating favorable conditions for the Ioversol market. Healthcare spending has grown by more than 40% in developing nations and about 28% in established economies, increasing the demand for sophisticated diagnostic solutions. These investments directly enhance the market for advanced imaging products.
Ioversol Market Key Takeaways
-  The Ioversol Market is experiencing steady growth due to increasing demand for advanced diagnostic imaging techniques. 
-  Rising prevalence of cardiovascular diseases and other diagnostic conditions is driving the need for high-quality contrast agents like ioversol. 
-  Technological advancements in medical imaging equipment are expected to enhance the adoption of ioversol in clinical settings. 
-  Strategic collaborations between pharmaceutical companies are accelerating the development and distribution of ioversol-based products globally. 
-  There is a growing shift towards using iodinated contrast agents with lower toxicity, contributing to the increased preference for ioversol. 
-  The expanding geriatric population, with higher diagnostic imaging needs, is further supporting the market's demand for ioversol. 
-  With increasing awareness and improvements in healthcare infrastructure, particularly in emerging markets, ioversol's accessibility is projected to grow. 
Ioversol Market Recent Developments
-  In January 2025, Guerbet received U.S. FDA approval for its new bulk-pack version of Ioversol injection (Optiray), enabling single-use syringe filling with power injectors and improving efficiency in advanced imaging procedures. 
-  In October 2023, Shanghai Starry Pharmaceutical obtained regulatory approval for its Ioversol injection, marking a major step toward localized manufacturing and expanding domestic access through national reimbursement programs. 
Ioversol Market Segment Analysis
In this report, the Ioversol Market has been segmented by Type, Application and Geography.
Ioversol Market, Segmentation by Type
The Type segmentation reflects concentration-specific formulations that align with diagnostic requirements across vascular, cardiac, and neuro applications. Providers balance image quality, iodine load, and patient risk profiles, while supply decisions consider injector compatibility and inventory standardization. Vendors prioritize dependable fill-finish operations, clear labeling, and technical support to reduce administration errors and ensure continuity of care.
Ioversol 34% Injectable Solution (Optiray 160)
This low-concentration option supports studies where reduced iodine load is prioritized and where patient-specific factors necessitate conservative dosing. It is often selected for protocols emphasizing safety, renal risk management, and gradual contrast enhancement. Providers value predictable viscosity and injector handling that maintain consistent workflow.
Ioversol 51% Injectable Solution (Optiray 240)
The 51% strength balances attenuation needs with manageable viscosity for broad routine use. It is commonly aligned to general radiographic procedures and sites optimizing formulary breadth while minimizing complexity. Standardized packaging and reliable availability support multi-site procurement strategies.
Ioversol 64% Injectable Solution (Optiray 300)
This mid-to-high concentration is frequently adopted for studies requiring stronger contrast enhancement without compromising injection control. Radiology teams benefit from established protocol familiarity, streamlined training, and robust quality documentation. It serves as a workhorse product in facilities with diverse patient acuity and modality mix.
Ioversol 68% Injectable Solution (Optiray 320)
The 68% formulation offers enhanced opacification for vascular and cardiac assessments where delineation is critical. Consistent rheology and injector compatibility aid in high-throughput environments with demanding timing windows. Health systems often consolidate volumes around this strength to balance clinical performance and inventory turns.
Ioversol 74% Injectable Solution (Optiray 350)
The highest concentration in this series supports advanced angiographic and cardiac imaging where maximal contrast is required for small structures and rapid-flow dynamics. Protocols emphasize precise bolus tracking, patient monitoring, and post-procedure safety practices. Vendors collaborate on dose-optimization guidance to harmonize image quality with risk mitigation.
Ioversol Market, Segmentation by Application
The Application segmentation spans core diagnostic pathways in X-Ray and CT, as well as targeted use in neurological, vascular, and cardiac conditions. Growth is supported by modernization of imaging fleets, protocol standardization, and workforce training to ensure consistent enhancement profiles. Strategic focus areas include contrast stewardship, adverse event monitoring, and data-driven optimization of injection timing and dose.
X-Ray
X-Ray procedures use ioversol to outline anatomical structures where dynamic blood flow is less central but clarity is essential. Facilities prioritize ease of preparation, compatibility with existing injectors, and reliable shelf life to support routine throughput. Procurement emphasizes multi-pack options and order predictability to minimize stockouts.
CT Scan
CT Scan applications rely on rapid, consistent enhancement to visualize organs, vasculature, and lesions with high diagnostic confidence. Protocols integrate bolus tracking, patient-specific dosing, and saline chasers to optimize contrast distribution. Hospitals leverage analytics and staff training to reduce repeat scans and improve efficiency.
Brain Disorders
In Brain Disorders, ioversol supports evaluation of tumors, ischemia, and hemorrhage through refined timing and targeted contrast delivery. Stroke pathways benefit from standardized CT protocols that prioritize speed, image clarity, and risk controls. Vendor education programs reinforce best practices for neuroimaging outcomes.
Blood Vessel Disorders
Blood Vessel Disorders imaging demands high-resolution visualization of stenosis, aneurysms, and malformations. Concentration choice and injection parameters are tuned to flow dynamics and patient tolerance. Multidisciplinary teams coordinate contrast selection with interventional planning to enhance diagnostic yield.
Heart Disorders
For Heart Disorders, ioversol supports coronary CT angiography and functional assessments where timing precision is paramount. Protocols align contrast delivery with heart-rate control and motion management to limit artifacts. Institutions standardize consumables and training to maintain reproducible image quality.
Others
Others encompasses specialized studies where tailored enhancement improves clinical decision-making. Adoption hinges on protocol flexibility, staff confidence, and clear guidelines for patient selection. Continuous improvement cycles leverage QA data to refine dose and workflow steps.
Ioversol Market, Segmentation by Geography
In this report, the Ioversol Market has been segmented by Geography into five regions: North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Regions and Countries Analyzed in this Report
North America
North America benefits from high imaging capacity, strong protocol standardization, and robust vendor–provider partnerships. Health systems prioritize supply assurance, quality documentation, and staff training to support consistent outcomes. Growth reflects upgrades to CT fleets, ASC expansion, and emphasis on contrast stewardship and patient safety.
Europe
Europe emphasizes regulatory compliance, harmonized labeling, and pharmacovigilance, with tenders that reward proven quality and lifecycle traceability. Cross-border hospital groups seek interoperable injector ecosystems and data-driven optimization. Sustainability considerations and waste reduction influence packaging and logistics practices.
Asia Pacific
Asia Pacific sees accelerating installations of advanced imaging systems alongside expanding access to diagnostic services. Vendors localize manufacturing, education, and service models to address price sensitivity and diverse clinical workflows. Government-backed healthcare investments and private hospital growth underpin medium-term expansion.
Middle East and Africa
Middle East and Africa expand through centers of excellence, public–private partnerships, and modernization of tertiary care. Procurement focuses on reliable supply, cold-chain integrity, and training that upskills radiology teams. Strategic distributor alliances and service contracts strengthen modality uptime and quality adherence.
Latin America
Latin America prioritizes affordability, predictable lead times, and equipment–contrast compatibility to support consistent imaging throughput. Hybrid distribution, local repackaging, and targeted training programs help manage budget constraints. Market development is tied to reimbursement clarity, private-sector investment, and sustained clinical outcomes.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Ioversol Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunities Analysis
Drivers:
- Increasing Demand for Advanced Diagnostic Imaging
- Growing Prevalence of Chronic Diseases
-  Technological Advancements in Imaging Modalities:Technological advancements in imaging modalities have significantly impacted the Global Ioversol Market, driving the demand for enhanced contrast agents. Innovations such as high-resolution computed tomography (CT), dual-energy CT, and advanced magnetic resonance imaging (MRI) have increased the need for high-quality contrast agents like ioversol to improve image clarity and diagnostic accuracy. These advancements enable the detection of subtle pathological changes and complex conditions that were previously difficult to visualize. The ability to capture detailed and precise images has expanded the range of diagnostic applications for ioversol, leading to more effective and early diagnosis of various diseases. Emerging imaging techniques, including functional imaging and hybrid imaging systems such as PET/CT and PET/MRI, further highlight the growing importance of advanced contrast agents. These sophisticated technologies require contrast agents that can provide optimal performance under diverse imaging conditions. As healthcare providers adopt these cutting-edge modalities, the demand for ioversol that can deliver superior imaging quality and patient safety is increasing. The continuous evolution of imaging technologies presents opportunities for ioversol manufacturers to innovate and develop new formulations that meet the evolving needs of the medical imaging industry, thereby driving market growth and expanding application areas. 
Restraints:
- High Cost of Contrast Agents
- Regulatory and Compliance Challenges
-  Potential Adverse Reactions and Safety Concerns:Despite their efficacy in enhancing diagnostic imaging, ioversol contrast agents can occasionally cause adverse reactions, which are a significant concern in the Global Ioversol Market. These reactions can range from mild symptoms such as nausea and headache to more severe conditions including allergic reactions, renal toxicity, and cardiovascular issues. Adverse reactions are typically rare but can impact patient safety and pose challenges for healthcare providers in terms of managing and mitigating these risks. The potential for adverse reactions necessitates careful patient assessment and monitoring during imaging procedures, as well as thorough pre-procedure screening to identify individuals who may be at higher risk. Safety concerns related to ioversol are closely monitored by regulatory authorities, which enforce stringent guidelines to ensure the safety and efficacy of contrast agents. Compliance with these regulations requires manufacturers to conduct extensive clinical testing and provide detailed safety information. The potential for adverse reactions also impacts market dynamics, as companies must invest in developing safer and more effective formulations to address these concerns. Innovations aimed at reducing the incidence of adverse reactions, such as developing low-osmolar or iso-osmolar contrast agents, are essential for improving patient safety and maintaining market competitiveness. The ongoing focus on safety and regulatory compliance is crucial for sustaining trust and expanding the adoption of ioversol in diagnostic imaging. 
Opportunities:
- Expansion in Emerging Markets
- Innovation in Contrast Agent Formulations
-  Integration of Advanced Imaging Technologies:The integration of ioversol with advanced imaging technologies, such as hybrid imaging systems like PET/CT and PET/MRI, has revolutionized diagnostic practices by providing comprehensive and detailed anatomical and functional information. These hybrid systems combine the strengths of different imaging modalities to offer enhanced diagnostic capabilities, which are crucial for accurately assessing complex conditions. For example, PET/CT combines positron emission tomography (PET) with computed tomography (CT) to provide both metabolic and structural insights, while PET/MRI merges PET’s functional imaging with MRI’s superior soft tissue contrast. The use of ioversol in these systems improves image quality by providing high-contrast delineation of internal structures, which is essential for precise diagnosis and treatment planning. The adoption of advanced imaging technologies requires high-performance contrast agents like ioversol to achieve optimal imaging results. The ability of ioversol to provide clear and detailed contrast enhances the diagnostic accuracy of these advanced modalities. For instance, in high-resolution CT scans, ioversol helps in distinguishing between different types of tissues and detecting minute abnormalities that might be missed without contrast enhancement. Similarly, in MRI scans, ioversol can improve the visualization of blood vessels and tissues, aiding in the early detection of conditions such as tumors or vascular disorders. The integration of ioversol with these technologies not only enhances diagnostic precision but also contributes to better patient outcomes by enabling timely and accurate medical interventions. 
Ioversol Market Competitive Landscape Analysis
Ioversol Market has seen significant advancements over recent years, with several key players positioning themselves for long-term growth. The market's competitive landscape is characterized by strategic collaborations, mergers, and partnerships among leading firms. Companies are increasingly focusing on technological advancements to strengthen their presence and expand their market share. This approach has fueled growth and innovation in the Ioversol market, driving a shift in its structure.
Market Structure and Concentration
The Ioversol market is highly concentrated, with a few dominant players taking the lead. These companies hold a significant share of the market, contributing to growth through strategies that enhance operational efficiency and increase market penetration. As competition intensifies, companies are focusing on expanding their product offerings and improving technological advancements to cater to evolving market needs.
Brand and Channel Strategies
Brand and channel strategies are crucial in the Ioversol market, as companies emphasize direct and indirect sales channels. Many are expanding their market presence through partnerships with healthcare providers and distributors, driving product availability across a wide range of geographical regions. Through these strategies, companies aim to increase market expansion and tap into new customer segments.
Innovation Drivers and Technological Advancements
Innovation and technological advancements play a central role in shaping the Ioversol market. Companies are investing in R&D to introduce cutting-edge solutions that improve product performance and enhance growth. Breakthroughs in product formulation and manufacturing processes are driving competitive advantage, enabling firms to capture a larger share of the market and meet emerging customer demands.
Regional Momentum and Expansion
Regional expansion is a key focus for many players in the Ioversol market. Companies are strategically entering untapped regions to boost their market footprint. The growing adoption of Ioversol products in emerging economies presents opportunities for regional expansion, with a noticeable increase in demand across several key markets. Partnerships and collaborations with local distributors further strengthen their presence in these regions.
Future Outlook
The future outlook for the Ioversol market is positive, with continued growth anticipated in both developed and emerging markets. Technological advancements and strategic collaborations will continue to fuel market evolution. The increasing adoption of Ioversol products across diverse healthcare applications ensures that the market will see steady expansion, with innovation playing a key role in driving future success.
Key players in Ioversol Market include:
- Guerbet
- Liebel-Flarsheim Company LLC
- Jiangsu Hengrui Medicine Co.
- Mallinckrodt Pharmaceuticals
- Ultraject
- China Resources Pharmaceutical Co.
- HB Ocean
- Stellence Pharmascience Pvt. Ltd.
- Novalek Pharmaceuticals Pvt. Ltd.
- A.S. Joshi & Company
- Changzhou Highassay Chemical Co., Ltd.
- GE Healthcare
- Bracco Imaging
- Siemens Healthineers
- Bayer Healthcare
In this report, the profile of each market player provides following information:
- Market Share Analysis
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction - Research Objectives and Assumptions
- Research Methodology
- Abbreviations
 
- Market Definition & Study Scope
- Executive Summary - Market Snapshot, By Type
- Market Snapshot, By Application
- Market Snapshot, By Region
 
- Ioversol Market Dynamics - Drivers, Restraints and Opportunities - Drivers - Increasing Demand for Advanced Diagnostic Imaging
- Growing Prevalence of Chronic Diseases
- Technological Advancements in Imaging Modalities
 
- Restraints - High Cost of Contrast Agents
- Regulatory and Compliance Challenges
- Potential Adverse Reactions and Safety Concerns
 
- Opportunities - Expansion in Emerging Markets
- Innovation in Contrast Agent Formulations
- Integration of Advanced Imaging Technologies
 
 
- Drivers 
- PEST Analysis - Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
 
- Porter's Analysis - Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
 
 
- Drivers, Restraints and Opportunities 
- Market Segmentation - Ioversol Market, By Type, 2021 - 2031 (USD Million) - Ioversol 34% Injectable Solution (Optiray 160)
- Ioversol 51% Injectable Solution (Optiray 240)
- Ioversol 64% Injectable Solution (Optiray 300)
- Ioversol 68% Injectable Solution (Optiray 320)
- Ioversol 74% Injectable Solution (Optiray 350)
 
- Ioversol Market, By Application, 2021 - 2031 (USD Million) - X-Ray
- CT Scan
- Brain Disorders
- Blood Vessel Disorders
- Heart Disorders
- Others
 
- Ioversol Market, By Geography, 2021 - 2031 (USD Million) - North America - United States
- Canada
 
- Europe - Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
 
- Asia Pacific - Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
 
- Middle East & Africa - GCC
- Israel
- South Africa
- Rest of Middle East & Africa
 
- Latin America - Brazil
- Mexico
- Argentina
- Rest of Latin America
 
 
- North America 
 
- Ioversol Market, By Type, 2021 - 2031 (USD Million) 
- Competitive Landscape - Company Profiles - Guerbet
- Liebel-Flarsheim Company LLC
- Jiangsu Hengrui Medicine Co.
- Mallinckrodt Pharmaceuticals
- Ultraject
- China Resources Pharmaceutical Co.
- HB Ocean
- Stellence Pharmascience Pvt. Ltd.
- Novalek Pharmaceuticals Pvt. Ltd.
- A.S. Joshi & Company
- Changzhou Highassay Chemical Co., Ltd.
- GE Healthcare
- Bracco Imaging
- Siemens Healthineers
- Bayer Healthcare
 
 
- Company Profiles 
- Analyst Views
- Future Outlook of the Market


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