Middle East and Africa Medical Imaging Market would grow to USD 33.96 billion by 2030

PRESS RELEASE
Published October 10, 2023

Middle East and Africa Medical Imaging Market research report offers an array of insights about HEALTHCARE industry and business solutions that will support to stay ahead of the competition. The collected information is checked and verified by market experts before presenting it to the end user. The report provides company profiling of key players in the HEALTHCARE industry, carefully analyzing their core competencies, and drawing a competitive landscape for the market. All this data and statistics covered in the first class report lead to actionable ideas, improved decision-making and better mapping business strategies. Businesses can rely upon the top-notch Middle East and Africa Medical Imaging Market report to accomplish an utter success.

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.

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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.

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.

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.

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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Middle East and Africa Medical Imaging Market Scope

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

The report provides insights on the following pointers:

  • Market Penetration: Comprehensive information on the product portfolios of the top players in the this market
  • Product Development/Innovation: Detailed insights on upcoming technologies, R&D activities, and product launches in the market
  • Competitive Assessment: In-depth assessment of the market strategies, and geographic and business segments of the leading players in the market
  • Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies

Critical Insights Related to This Market Included in the Report:

  • Exclusive graphics and Illustrative SWOT analysis of some of the leading companies in this market
  • Value chain analysis of prominent players in the market
  • Current trends influencing the dynamics of this market across various geographies
  • Recent mergers, acquisitions, collaborations, and partnerships
  • Revenue growth of this industry over the forecast period
  • Marketing strategy study and growth trends
  • Growth driven factor analysis
  • Emerging recess segments and region-wise market
  • An empirical evaluation of the curve of this market
  • Ancient, Present, and Probable scope of the market from both prospect value and volume

Browse Detailed Summary of Research Report with TOC:  https://www.databridgemarketresearch.com/toc/?dbmr=middle-east-and-africa-medical-imaging-market&Shri

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