Product Code: ETC13320875 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 绿帽社 | Author: Sachin Kumar Rai | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 绿帽社 internal database and industry insights, the Global Gadolinium Market was valued at USD 0.5 Billion in 2024 and is expected to reach USD 0.74 Billion by 2031, growing at a compound annual growth rate of 5.60% during the forecast period (2025-2031).
The Global Gadolinium Market is witnessing steady growth due to its increasing applications in industries such as healthcare, electronics, and metallurgy. The healthcare sector, in particular, is a key driver of demand for gadolinium-based contrast agents used in MRI scans for improved imaging. Additionally, the growing demand for electronics and high-tech gadgets is boosting the use of gadolinium in the production of electronic devices and magnetic resonance imaging. The market is also benefiting from the metal`s unique properties, such as high magnetic moment and thermal neutron capture cross-section, making it ideal for various industrial applications. With ongoing research and development efforts focused on enhancing the properties and applications of gadolinium, the market is expected to continue its growth trajectory in the coming years.
The Global Gadolinium Market is witnessing significant growth driven by the increasing demand for gadolinium-based contrast agents in medical imaging applications, particularly in MRI scans. The market is also benefiting from the expanding use of gadolinium in the manufacturing of electronic devices, catalysts, and specialty glasses. With the rising prevalence of chronic diseases, the healthcare sector is expected to remain a key driver for the gadolinium market. Additionally, ongoing research and development activities aimed at enhancing the properties and applications of gadolinium compounds present opportunities for market expansion. However, regulatory concerns related to the potential toxicity of gadolinium-based contrast agents and the availability of alternative imaging techniques could pose challenges to market growth in the future. Overall, the global gadolinium market is poised for steady growth, fueled by technological advancements and increasing applications across various industries.
The Global Gadolinium Market faces challenges such as regulatory uncertainties regarding the use of gadolinium-based contrast agents in medical imaging due to concerns over nephrogenic systemic fibrosis (NSF) and gadolinium retention in the body. Additionally, competition from alternative imaging techniques and materials, as well as fluctuations in raw material prices, can impact the market. Furthermore, the limited availability of gadolinium deposits and environmental concerns related to mining and processing of gadolinium ore pose challenges for market growth. Developing safer and more efficient gadolinium-based contrast agents, addressing regulatory concerns, and exploring sustainable sourcing methods are key areas that the industry needs to focus on to overcome these challenges and sustain growth in the Global Gadolinium Market.
The Global Gadolinium Market is primarily driven by the increasing demand for gadolinium-based contrast agents in medical imaging applications, particularly in magnetic resonance imaging (MRI) procedures. The widespread use of MRI scans for diagnostic purposes, along with the growing prevalence of chronic diseases and age-related illnesses, is fueling the demand for gadolinium in the healthcare sector. Additionally, the expanding industrial applications of gadolinium in electronics, optics, and nuclear reactors are contributing to market growth. Furthermore, ongoing research and development activities to enhance the properties and applications of gadolinium compounds are expected to drive innovation and open up new opportunities in the market. Overall, the rising demand for gadolinium across various industries is a key driver propelling the growth of the Global Gadolinium Market.
Government policies related to the Global Gadolinium Market primarily focus on its usage in medical imaging. The U.S. Food and Drug Administration (FDA) has issued warnings about the potential risks of gadolinium-based contrast agents (GBCAs) used in MRI scans, particularly regarding the risk of gadolinium retention in the body. As a result, the FDA has mandated label changes for GBCAs to provide more information to healthcare professionals and patients. In Europe, the European Medicines Agency (EMA) has also conducted reviews on the safety of GBCAs and implemented restrictions on their use in certain patient populations. These regulatory actions aim to ensure the safe and appropriate use of gadolinium-based products in medical imaging procedures, emphasizing the importance of patient safety and risk management in the Global Gadolinium Market.
The Global Gadolinium Market is expected to witness steady growth in the coming years, driven by increasing demand in various industries such as healthcare, electronics, and automotive. The growing prevalence of chronic diseases and the rising need for diagnostic imaging procedures are projected to boost the demand for gadolinium-based contrast agents in the healthcare sector. Furthermore, the expanding application of gadolinium in nuclear reactors and magnetic resonance imaging (MRI) systems is anticipated to contribute to market growth. Technological advancements, research and development activities, and strategic collaborations by key players are likely to drive innovation and product development in the global gadolinium market. However, regulatory challenges related to environmental concerns and potential health risks associated with gadolinium usage may pose some limitations to market growth.
In the global gadolinium market, Asia is expected to witness significant growth driven by rising demand for medical imaging technologies in countries like China and India. North America is a mature market with a strong presence of key players and advanced healthcare infrastructure, leading to steady growth. Europe is another prominent market for gadolinium due to increasing investments in research and development activities. The Middle East and Africa region is experiencing a gradual rise in demand for gadolinium, particularly in the healthcare sector. Latin America is also showing potential for growth in the gadolinium market, supported by improving healthcare facilities and increasing awareness about diagnostic imaging technologies. Overall, the global gadolinium market is projected to expand across all regions, with varying growth rates influenced by factors such as healthcare expenditure, technological advancements, and regulatory environment.
Global Gadolinium Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Gadolinium Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Gadolinium Market Revenues & Volume, 2021 & 2031F |
3.3 Global Gadolinium Market - Industry Life Cycle |
3.4 Global Gadolinium Market - Porter's Five Forces |
3.5 Global Gadolinium Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Gadolinium Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Global Gadolinium Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Global Gadolinium Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Global Gadolinium Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Gadolinium Market Trends |
6 Global Gadolinium Market, 2021 - 2031 |
6.1 Global Gadolinium Market, Revenues & Volume, By Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Gadolinium Market, Revenues & Volume, By Gadolinium Metal, 2021 - 2031 |
6.1.3 Global Gadolinium Market, Revenues & Volume, By Gadolinium Alloys, 2021 - 2031 |
6.2 Global Gadolinium Market, Revenues & Volume, By Application, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Gadolinium Market, Revenues & Volume, By MRI Contrast Agents, 2021 - 2031 |
6.2.3 Global Gadolinium Market, Revenues & Volume, By Phosphors, 2021 - 2031 |
6.3 Global Gadolinium Market, Revenues & Volume, By End User, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Gadolinium Market, Revenues & Volume, By Medical Manufacturers, 2021 - 2031 |
6.3.3 Global Gadolinium Market, Revenues & Volume, By Electronics Industry, 2021 - 2031 |
7 North America Gadolinium Market, Overview & Analysis |
7.1 North America Gadolinium Market Revenues & Volume, 2021 - 2031 |
7.2 North America Gadolinium Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Gadolinium Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Gadolinium Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Gadolinium Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Gadolinium Market, Revenues & Volume, By Type, 2021 - 2031 |
7.4 North America Gadolinium Market, Revenues & Volume, By Application, 2021 - 2031 |
7.5 North America Gadolinium Market, Revenues & Volume, By End User, 2021 - 2031 |
8 Latin America (LATAM) Gadolinium Market, Overview & Analysis |
8.1 Latin America (LATAM) Gadolinium Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Gadolinium Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Gadolinium Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Gadolinium Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Gadolinium Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Gadolinium Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Gadolinium Market, Revenues & Volume, By Type, 2021 - 2031 |
8.4 Latin America (LATAM) Gadolinium Market, Revenues & Volume, By Application, 2021 - 2031 |
8.5 Latin America (LATAM) Gadolinium Market, Revenues & Volume, By End User, 2021 - 2031 |
9 Asia Gadolinium Market, Overview & Analysis |
9.1 Asia Gadolinium Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Gadolinium Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Gadolinium Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Gadolinium Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Gadolinium Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Gadolinium Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Gadolinium Market, Revenues & Volume, By Type, 2021 - 2031 |
9.4 Asia Gadolinium Market, Revenues & Volume, By Application, 2021 - 2031 |
9.5 Asia Gadolinium Market, Revenues & Volume, By End User, 2021 - 2031 |
10 Africa Gadolinium Market, Overview & Analysis |
10.1 Africa Gadolinium Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Gadolinium Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Gadolinium Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Gadolinium Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Gadolinium Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Gadolinium Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Gadolinium Market, Revenues & Volume, By Type, 2021 - 2031 |
10.4 Africa Gadolinium Market, Revenues & Volume, By Application, 2021 - 2031 |
10.5 Africa Gadolinium Market, Revenues & Volume, By End User, 2021 - 2031 |
11 Europe Gadolinium Market, Overview & Analysis |
11.1 Europe Gadolinium Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Gadolinium Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Gadolinium Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Gadolinium Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Gadolinium Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Gadolinium Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Gadolinium Market, Revenues & Volume, By Type, 2021 - 2031 |
11.4 Europe Gadolinium Market, Revenues & Volume, By Application, 2021 - 2031 |
11.5 Europe Gadolinium Market, Revenues & Volume, By End User, 2021 - 2031 |
12 Middle East Gadolinium Market, Overview & Analysis |
12.1 Middle East Gadolinium Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Gadolinium Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Gadolinium Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Gadolinium Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Gadolinium Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Gadolinium Market, Revenues & Volume, By Type, 2021 - 2031 |
12.4 Middle East Gadolinium Market, Revenues & Volume, By Application, 2021 - 2031 |
12.5 Middle East Gadolinium Market, Revenues & Volume, By End User, 2021 - 2031 |
13 Global Gadolinium Market Key Performance Indicators |
14 Global Gadolinium Market - Export/Import By Countries Assessment |
15 Global Gadolinium Market - Opportunity Assessment |
15.1 Global Gadolinium Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Gadolinium Market Opportunity Assessment, By Type, 2021 & 2031F |
15.3 Global Gadolinium Market Opportunity Assessment, By Application, 2021 & 2031F |
15.4 Global Gadolinium Market Opportunity Assessment, By End User, 2021 & 2031F |
16 Global Gadolinium Market - Competitive Landscape |
16.1 Global Gadolinium Market Revenue Share, By Companies, 2024 |
16.2 Global Gadolinium Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |