Middle East And Africa Medical Imaging Market
Market Size in USD Billion
CAGR :
% 
 Forecast Period |
2023 –2030 |
 Market Size (Base Year) |
USD 21.30 million |
 Market Size (Forecast Year) |
USD 33.96 million |
 CAGR |
% |
| Major Markets Players |
Middle East and Africa Medical Imaging Market, By Type (Services, Product), Modality (Stationary, Portable), Procedure (Computed Tomography (CT) Scan, X-Ray Imaging, Magnetic Resonance Imaging (MRI), Ultrasound, Nuclear Imaging (SPECT/PET), Others), Technology (Direct Digital Radiology, Computed Radiology), Patient Age (Adults, Pediatric), Application (Cardiology, Pelvic And Abdominal, Oncology, Mammography, Gynecology, Neurology, Urology, Musculoskeletal, Dental, Others), End Users (Hospitals, Diagnostic Centers, Imaging Centers, Specialty Clinics, Ambulatory Surgical Centers, Academic, and Research Institutes, Others) – Industry Trends and Forecast to 2030.
Middle East and Africa Medical Imaging Market Analysis and Size
The growing demand for early diagnosis is anticipated to create a huge demand for medical imaging in the upcoming years, further accelerating the market. Measurement and recording techniques such as magnetoencephalography (MEG) and electroencephalography (EEG) are the primary examples of medical imaging as they create data that can be represented as maps rather than images. Using varied technologies that can help in medical imaging enhances market growth.
Data Bridge Market Research analyses a growth rate in the Middle East and Africa medical imaging market in 2023-2030. The expected CAGR of the Middle East and Africa medical imaging market is around 6% in the mentioned forecast period. The market was valued at USD 21.30 billion in 2022 and would grow to USD 33.96 billion by 2030. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Middle East and Africa Medical Imaging Market Scope and Segmentation
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Report Metric |
Details |
|
Forecast Period |
2023 to 2030 |
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Base Year |
2022 |
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Historic Years |
2021 (Customizable to 2015 - 2020) |
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Quantitative Units |
Revenue in USD Billion, Volumes in Units, Pricing in USD |
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Segments Covered |
Type (Services, Product), Modality (Stationary, Portable), Procedure (Computed Tomography (CT) Scan, X-Ray Imaging, Magnetic Resonance Imaging (MRI), Ultrasound, Nuclear Imaging (SPECT/PET), Others), Technology (Direct Digital Radiology, Computed Radiology), Patient Age (Adults, Pediatric), Application (Cardiology, Pelvic And Abdominal, Oncology, Mammography, Gynecology, Neurology, Urology, Musculoskeletal, Dental, Others), End Users (Hospitals, Diagnostic Centers, Imaging Centers, Specialty Clinics, Ambulatory Surgical Centers, Academic and Research Institutes, Others) |
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Countries Covered |
Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA) |
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Market Players Covered |
Koninklijke Philips N.V. (Netherlands), RamSoft, Inc.(Canada), InHealth Group (U.K), Siemens (Germany), Sonic Healthcare Limited (Australia), RadNet, Inc. (U.S), General Electric (U.S), Akumin Inc. (U.S), Hologic Inc. (U.S), Shimadzu Corporation (Japan), Shenzhen Mindray Bio-Medical Electronics Co., Ltd. (China), Carl Zeiss Ag (Germany), Hitachi, Ltd. (Japan), MEDNAX Services, Inc. (U.S), Carestream Health (U.S), Teleradiology Solutions (U.S), UNILABS (Switzerland), ONRAD, Inc. (U.S) |
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Market Opportunities |
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Market Definition
Medical imaging is a type of method for the generation of different inside images of the body for disease diagnosis and therapy. This technique is typically important in enhancing people's health as it can help in the early detection of some inside ailments and properly treat those disorders. Medical imaging includes various radiological imaging techniques such as fluoroscopy, magnetic resonance imaging (MRI), X-ray radiography, medical ultrasonography, endoscopy, tactile imaging, medical photography, thermography, and nuclear medicine functional imaging techniques.
Middle East and Africa Medical Imaging Market Dynamics
Drivers
- Growing Demand For Innovative Imaging Modalities
Several surgical suits with imaging technology are helping in boosting the market growth. The number of new hospitals in this region has increased drastically. Several private players dominate the healthcare sector in these countries. Imaging modalities are generally given particular space in new hospitals. Increasing competition and growing demand for world-class healthcare services will likely expand the market growth in the upcoming years. Thus, this factor boosts market growth.
- The Rise in Chronic Diseases
This region's growing prevalence of chronic diseases is anticipated to increase the market growth. The prevalence of self-reported chronic diseases was around 23.0%. Obesity, diabetes, and asthma/allergies were the most prevalent (12.5%, 4.2% & 3.2%, respectively). Furthermore, about 34.8% of the students were either overweight or obese. Thus, growing cancer incidence surged the need for medical imaging systems as it will help in diagnosing the conditions and help in faster recovery of the patients. Thus, this factor boosts market growth.
Opportunities
- Increased Technological Advancements Associated with Medical Imaging
Technological developments and government investments will most likely contribute to market expansion, mainly in developing countries such as India and China. For instance, in 2020, Allengers launched India's first locally produced 32-slice CT scanner. Canon Medical Systems also collaborated in the system's development. Teaching, hospitals, and universities are projected to surge their need for state-of-the-art imaging modalities to offer advanced technology training, which will majorly impact market growth in the upcoming years. Thus, this factor boosts market growth.
Restraints/Challenges
- High Cost Associated with Medical imaging
The high cost associated with medical imaging systems hampers the market growth. There are several imaging systems such as MRI, CT, ultrasound machines and many others that are very expensive, which becomes unaffordable for many developing countries. Many market players are investing in huge expenditure for maintaining these systems, and the cost is increased in return. Thus, this factor hampers the market growth.
This Middle East and Africa medical imaging market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the Middle East and Africa medical imaging market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Recent Developments
- In 2021, Esaote North America launched the MyLab X8 Ultrasound System in Canada. MyLab X8 is a fully featured premium imaging system that includes the latest and advanced technologies and offers greater image quality without compromising workflow or efficiency.
Middle East and Africa Medical Imaging Market Scope
The Middle East and Africa medical imaging market is segmented on the basis of type, modality, procedure, technology, patient age, application and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Services
- Product
Modality
- Stationary
- Portable
Procedure
- Computed Tomography (CT) Scan
- X-Ray Imaging
- Magnetic Resonance Imaging (MRI)
- Ultrasound, Nuclear Imaging (SPECT/PET)
- Others
Technology
- Direct Digital Radiology
- Computed Radiology
Patient Age
- Adults
- Pediatric
Application
- Cardiology
- Pelvic And Abdominal
- Oncology
- Mammography
- Gynecology
- Neurology
- Urology
- Musculoskeletal
- Dental
- Others
End Users
- Hospitals
- Diagnostic Centers
- Imaging Centers
- Specialty Clinics
- Ambulatory Surgical Centers
- Academic and Research Institutes
- Others
Middle East and Africa Medical Imaging Market Regional Analysis/Insights
The Middle East and Africa medical imaging market is analysed and market size insights and trends are provided by product, type, modality, procedure, application, end-user, and distribution channel as referenced above.
The major countries covered in the medical imaging market report are Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
South Africa is anticipated to lead the market because of technological developments healthcare industry and increasing healthcare expenditure in this country. Furthermore, the growing incidence of diseases, along with the increasing elderly population and research studies, are anticipated to increase the market growth
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure Growth Installed base and New Technology Penetration
The medical imaging also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for medical imaging market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the medical imaging market. The data is available for historic period 2011-2021.
Competitive Landscape and Middle East and Africa Medical Imaging Market Share Analysis
The Middle East and Africa medical imaging market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to Middle East and Africa medical imaging market
Key players operating in the Middle East and Africa medical imaging market include:
- Koninklijke Philips N.V. (Netherlands)
- RamSoft, Inc.(Canada)
- InHealth Group (U.K)
- Siemens (Germany)
- Sonic Healthcare Limited ( Australia)
- RadNet, Inc. (U.S)
- General Electric (U.S)
- Akumin Inc. (U.S)
- Hologic Inc. (U.S)
- Shimadzu Corporation (Japan)
- Shenzhen Mindray Bio-Medical Electronics Co., Ltd. (China)
- Carl Zeiss Ag (Germany)
- Hitachi, Ltd. (Japan)
- MEDNAX Services, Inc. (U.S)
- Carestream Health (U.S)
- Teleradiology Solutions (U.S)
- UNILABS (Switzerland)
- ONRAD, Inc. (U.S)
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.
