Middle East and Africa Diagnostic Imaging Market - 2024 - 2031

Report Overview

Middle East and Africa Diagnostic Imaging Market reached US$ 149.2 million in 2023 and is expected to reach US$ 251.4 million by 2031, growing at a CAGR of 7.9% during the forecast period 2024-2031.

Diagnostic imaging refers to a range of techniques used to visualize the body's internal structures to identify the causes of illness or injury and confirm diagnoses. It also helps doctors assess how effectively a patient's body responds to treatment for conditions such as fractures or diseases.

Diagnostic imaging includes MRI, MRA scans, CT scans, ultrasound, bone density scans, mammography, X-rays, arthrograms, and myelograms. Diagnostic imaging technology plays an important role in diagnosing the disease condition and analyzing the abnormalities of the therapies.

Market Dynamics: Drivers & Restraints

The growing patient population base for chronic and lifestyle-related disorders

The rise of chronic conditions such as diabetes, cancer, and cardiovascular disease is a major factor driving demand for diagnostic imaging. Chronic patients require long-term medical therapy, thus precise and safe drug delivery methods are crucial. Diagnostic Imaging provides regulated drug administration, reducing adverse effects and improving treatment outcomes.

For instance, according to a report by the National Institute of Health in 2022, it is stated that in Africa, CVDs are the largest contributor to the total non-communicable diseases (NCDs) burden, accounting for 38.3% of NCD deaths and 22.9 million DALYs.

High costs of the equipment

High costs of diagnostic imaging equipment such as MRI, PET scan, and CT scans could restrict many clinics and hospitals from adopting them due to their lower budgets. The hospitals and clinics in the middle-income and lower-income countries choose the diagnostic equipment that suits their budget. This could show an overall impact on the market expansion.

Market Segment Analysis

The Middle East and Africa diagnostic imaging market is segmented based on type, application, and end-user.

MRI segment is expected to dominate the market share

The MRI segment is expected to hold a significant portion of the market share. This is due to their versatility in producing detailed images of the organs, and the technological advancements in product innovations.

Magnetic resonance imaging (MRI) is a medical imaging technology that employs a magnetic field and computer-generated radio waves to produce detailed images of the tissues and organs in the body. MRI can image a variety of tissues and organs, including the brain, spine, joints, and internal organs.

The technological advancements in new product innovation and also the rise in number of launches of advanced MRI systems could drive the segment's growth. The increasing strategies among the market players in the region also increase the segment expansion.

For instance, on October 3, 2023, Aster DM Healthcare entered into a strategic partnership with Fujifilm, a global leader in healthcare solutions, to introduce Artificial Intelligence (AI) enabled diagnostics, imaging and radiology solutions in GCC. With this partnership, the latest technology systems from Fujifilm would also be introduced at existing Aster and Medcare facilities in UAE and Qatar.

Market Segmentation

By Type

X-Ray

MRI

Nuclear Medicine

SPECT Imaging

Ultrasound

Tomography

Tactile Imaging

Functional near Infrared Spectroscopy

By Application

Orthopedic

Neurology

Oncology

Cardiology

Others

By End-User

Hospitals

Diagnostics Imaging Centers

Others

Market Competitive Landscape

The major players in the market include Trivitron Healthcare Africa (Kenya) Limited, FUJIFILM Corporation, Esaote SPA, Koninklijke Philips N.V., Shimadzu Middle East & Africa FZE, Canon Medical Systems Corporation, GE HealthCare, and Danlesco Gulf LLC among others.

Why Purchase the Report?

To visualize the Middle East and Africa diagnostic imaging market segmentation based on type, application, and end-user, as well as understand key commercial assets and players.

Identify commercial opportunities by analyzing trends and co-development.

Excel data sheet with numerous data points of diagnostic imaging market-level with all segments.

PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.

Product mapping available as Excel consisting of key products of all the major players.

The Middle East and Africa diagnostic imaging market report would provide approximately 53 tables, 47 figures, and 176 pages.

Target Audience 2024

Manufacturers/ Buyers

Industry Investors/Investment Bankers

Research Professionals

Emerging Companies