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 Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn240030839 Published Date: September, 2025 Updated Date: November, 2025

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 Period2025 - 2031
Base Year2024
CAGR (%)7.0 %
Market Size (2024)USD 720.46 Million
Market Size (2031)USD 1,155.69 Million
Market ConcentrationMedium
Report Pages304
720.46
2024
1,155.69
2031

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.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Ioversol Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Demand for Advanced Diagnostic Imaging
        2. Growing Prevalence of Chronic Diseases
        3. Technological Advancements in Imaging Modalities
      2. Restraints
        1. High Cost of Contrast Agents
        2. Regulatory and Compliance Challenges
        3. Potential Adverse Reactions and Safety Concerns
      3. Opportunities
        1. Expansion in Emerging Markets
        2. Innovation in Contrast Agent Formulations
        3. Integration of Advanced Imaging Technologies
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Ioversol Market, By Type, 2021 - 2031 (USD Million)
      1. Ioversol 34% Injectable Solution (Optiray 160)
      2. Ioversol 51% Injectable Solution (Optiray 240)
      3. Ioversol 64% Injectable Solution (Optiray 300)
      4. Ioversol 68% Injectable Solution (Optiray 320)
      5. Ioversol 74% Injectable Solution (Optiray 350)
    2. Ioversol Market, By Application, 2021 - 2031 (USD Million)
      1. X-Ray
      2. CT Scan
      3. Brain Disorders
      4. Blood Vessel Disorders
      5. Heart Disorders
      6. Others
    3. Ioversol Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Guerbet
      2. Liebel-Flarsheim Company LLC
      3. Jiangsu Hengrui Medicine Co.
      4. Mallinckrodt Pharmaceuticals
      5. Ultraject
      6. China Resources Pharmaceutical Co.
      7. HB Ocean
      8. Stellence Pharmascience Pvt. Ltd.
      9. Novalek Pharmaceuticals Pvt. Ltd.
      10. A.S. Joshi & Company
      11. Changzhou Highassay Chemical Co., Ltd.
      12. GE Healthcare
      13. Bracco Imaging
      14. Siemens Healthineers
      15. Bayer Healthcare
  7. Analyst Views
  8. Future Outlook of the Market