Global Biological Imaging Reagents Market Trends, Forecast Report 2025-2037
Biological Imaging Reagents Market size was over USD 13.37 billion in 2024 and is poised to exceed USD 34.23 billion by 2037, witnessing over 7.5% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of biological imaging reagents is evaluated at USD 14.27 billion.
The biological imaging reagents market is expanding due to the rising prevalence of chronic conditions, for instance, as per WHO data in May 2023, there was an astounding increase of 90% in the absolute numbers of chronic diseases. Cancer, diabetes, respiratory disorders, and cardiovascular diseases will be responsible for 86% of the 90 million deaths that occur annually.
This necessitates sophisticated imaging methods for early diagnosis, efficient monitoring, and treatment assessment in real-time. This drives the need for AI-driven techniques and innovative solutions. For instance, in September 2023, Bracco Imaging S.p.A. and Subtle Medical, Inc. announced a global agreement to develop artificial intelligence (AI)-driven contrast media for magnetic resonance imaging (MRI). Through this partnership, the company aimed to expand its customer base and market reach. In addition, the demography needs to make changes in a sedentary lifestyle, inclining towards a rich diet and adopting measures to mitigate obesity rates.
