Middle East and Africa Nuclear Imaging Market Growth, Size, Trends, Share and Future Outlook
Middle East and Africa Nuclear Imaging Market Size- By Product, By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Apr-2024 | Report ID: MEDE2424 | Pages: 1 - 155 | Formats*: |
| Category : Medical Devices | |||
Middle East and Africa Nuclear Imaging Market Introduction and Overview
According to SPER Market Research, the Middle East and Africa Nuclear Imaging Market is estimated to reach USD 372.97 million by 2033 with a CAGR of 2.89%.
The report includes an in-depth analysis of the Middle East and Africa Nuclear Imaging Market, including market size and trends, product mix, distribution channels, and supplier analysis. Biological imaging is a subset of nuclear imaging, which includes radiography, endoscopy, thermography, medical photography, and larger-scale microscopy. Also included in the category of medical imaging are methods of measuring and recording such as magnetoencephalography (MEG) and electroencephalography (EEG), which generate data that can be displayed as maps in addition to images.
- October 2022: The American College of Radiology accredited Al-Borg Scan, Integrated Diagnostics Holdings PLC's radiology venture, for its nuclear medicine and ultrasound facilities.
- March 2022: Science and medical collaboration in nuclear medicine was reinforced among the Arab States. Concurrent signings of Memorandums of Understanding (MoUs) was a first for ARASIA, allowing the most technologically advanced Arab nations to assist their neighbors in nuclear medicine, instrument calibration, dosimetry, and ionizing radiation safety.
Market Opportunities and Challenges
Opportunities: Rising cancer and heart disease rates are two of the main factors propelling the Middle East and Africa Nuclear Imaging Market's expansion. When it comes to the diagnosis, therapy planning, and evaluation of treatment response in cancer patients, nuclear medicine has shown to be quite helpful in treating many diseases. Ageing populations, unhealthy eating patterns, smoking, and a lack of physical activity are all factors in the rising cancer rate. A significant number of new cancer cases were reported by Saudi Arabia and Israel, per GLOBOCAN 2020. across particular, across the Middle East and Africa, the trend is anticipated to increase demand for nuclear medical imaging. In this region, there is expected to be robust expansion in the magnetic resonance imaging market.
Challenges: Nuclear imaging services and equipment are very expensive. Because nuclear imaging services and equipment are expensive when used in the medical area, there are obstacles in the way of the Middle East and Africa Nuclear Imaging Market's expansion. An enormous number of underdeveloped countries cannot afford the high expenses associated with various imaging equipment, including CT scans, MRIs, and ultrasound machines. Added to the overall costs are the significant expenditures that market participants incur for the upkeep of these sophisticated systems. This means that the high cost of purchasing and maintaining such equipment prevents the market from growing, which presents difficulties for both industry participants and underdeveloped nations.
Market Competitive Landscape
There are a few key competitors in the fiercely competitive nuclear imaging market in the Middle East and Africa. Braunco Imaging SpA, Cardinal Health Inc., Curium, GE Healthcare, Koninklijke Philips NV, NTP Radioisotopes SOC Ltd, Siemens AG, and Toshiba Corporation are the leading companies in the nuclear imaging industry in the Middle East and Africa.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Product, By Application |
| Regions covered | UK, France, Germany, Italy, Spain, Rest of Europe |
| Companies Covered | Bracco Imaging SpA, Canon Medical Systems Corporation, Cardinal Health Inc., Curium, Fujifilm Corporation, GE Healthcare, Koninklijke Philips NV, Mediso Ltd, NTP Radioisotopes SOC Ltd, Siemens AG |
COVID-19 Impact on Middle East and Africa Nuclear Imaging Market
The COVID-19 pandemic had a negative impact on the Middle East and Africa Nuclear Imaging Market because social distancing policies were imposed by the governments in the region, which led to a sharp decline in hospital and healthcare services. This affected the regular operation of general hospital treatment for patients who were not COVID-19 patients and had significant economic ramifications on a global scale. As reported in the June 2022 Seminar in Nuclear Medicine, oncological PET studies showed a comparatively smaller reduction in utilization when compared to normal nuclear medicine tests, despite these challenges. Due to supply chain problems, the pandemic significantly reduced the number of nuclear medicine treatments performed in the Middle East in 2020.
Key Target Audience:
- Hospitals and Clinics
- Diagnostic Imaging Centers
- Pharmaceutical Companies
- Research Institutions and Universities
- Healthcare Providers
- Government Agencies and Regulatory Bodies
- Contract Research Organizations (CROs)
- Medical Device Manufacturers
- Nuclear Medicine Technologists
Our in-depth analysis of the Middle East and Africa Nuclear Imaging Market includes the following segments:
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| By Application: |
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| By Region: |
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Key Topics Covered in the Report:
- Middle East and Africa Nuclear Imaging Market Size (FY’2024-FY’2033)
- Overview of Middle East and Africa Nuclear Imaging Market
- Segmentation of Middle East and Africa Nuclear Imaging Market By Product (Equipment, Radioisotope)
- Segmentation of Middle East and Africa Nuclear Imaging Market By Application (SPECT Applications, PET Applications)
- Expansion Analysis of Middle East and Africa Nuclear Imaging Market
- Problems and Obstacles in Middle East and Africa Nuclear Imaging Market
- Competitive Landscape in the Middle East and Africa Nuclear Imaging Market
- Impact of COVID-19 and Demonetization on Middle East and Africa Nuclear Imaging Market
- Details on Current Investment in Middle East and Africa Nuclear Imaging Market
- Competitive Analysis of Middle East and Africa Nuclear Imaging Market
- Prominent Players in the Middle East and Africa Nuclear Imaging Market
- SWOT Analysis of Middle East and Africa Nuclear Imaging Market
- Middle East and Africa Nuclear Imaging Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s2.2. Market size estimation2.2.1. Top-down and Bottom-up approach2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges4.2. COVID-19 Impacts of the Middle East and Africa Nuclear Imaging Market
5. Market variable and outlook
5.1. SWOT Analysis5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats5.2. PESTEL Analysis5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape5.3. PORTER’s Five Forces5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Middle East and Africa Nuclear Imaging Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Middle East and Africa Nuclear Imaging Market
7. Middle East and Africa Nuclear Imaging Market, By Product (USD Million) 2020-2033
7.1. Middle East and Africa Nuclear Imaging Market Size, Share and Forecast, By Product, 2020-20267.2. Middle East and Africa Nuclear Imaging Market Size, Share and Forecast, By Product, 2027-20337.3. Equipment7.4. Radioisotope
8. Middle East and Africa Nuclear Imaging Market, By Application (USD Million) 2020-2033
8.1. Middle East and Africa Nuclear Imaging Market Size, Share and Forecast, By Application, 2020-20268.2. Middle East and Africa Nuclear Imaging Market Size, Share and Forecast, By Application, 2027-20338.3. SPECT Applications8.3.1. Cardiology8.3.2. Neurology8.3.3. Thyroid8.3.4. Others8.4. PET Applications
9. Middle East and Africa Nuclear Imaging Market Forecast, 2020-2033 (USD Million)
9.1. Middle East and Africa Nuclear Imaging Market Size and Market Share
10. Middle East and Africa Nuclear Imaging Market, By Region, 2020-2033 (USD Million)
10.1. Middle East and Africa Nuclear Imaging Market Size and Market Share By Region (2020-2026)10.2. Middle East and Africa Nuclear Imaging Market Size and Market Share By Region (2027-2033)10.3. GCC10.4. South Africa10.5. Rest of Middle East and Africa
11. Company Profile
11.1. Bracco Imaging SpA11.1.1. Company details11.1.2. Financial outlook11.1.3. Product summary11.1.4. Recent developments11.2. Canon Medical Systems Corporation11.2.1. Company details11.2.2. Financial outlook11.2.3. Product summary11.2.4. Recent developments11.3. Cardinal Health Inc.11.3.1. Company details11.3.2. Financial outlook11.3.3. Product summary11.3.4. Recent developments11.4. Curium11.4.1. Company details11.4.2. Financial outlook11.4.3. Product summary11.4.4. Recent developments11.5. Fujifilm Corporation11.5.1. Company details11.5.2. Financial outlook11.5.3. Product summary11.5.4. Recent developments11.6. GE Healthcare11.6.1. Company details11.6.2. Financial outlook11.6.3. Product summary11.6.4. Recent developments11.7. Koninklijke Philips NV11.7.1. Company details11.7.2. Financial outlook11.7.3. Product summary11.7.4. Recent developments11.8. Mediso Ltd11.8.1. Company details11.8.2. Financial outlook11.8.3. Product summary11.8.4. Recent developments11.9. NTP Radioisotopes SOC Ltd11.9.1. Company details11.9.2. Financial outlook11.9.3. Product summary11.9.4. Recent developments11.10. Siemens AG11.10.1. Company details11.10.2. Financial outlook11.10.3. Product summary11.10.4. Recent developments11.11. Others
12. List of Abbreviations
13. Reference Links
14. Conclusion
15. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
the most technologically advanced Arab nations to assist their neighbors in nuclear medicine, instrument calibration, dosimetry, and ionizing radiation safety.
Middle East and Africa Nuclear Imaging Market is projected to reach USD 372.97 million by 2033, growing at a CAGR of 2.89% during the forecast period.
Middle East and Africa Nuclear Imaging Market size from 2022. The Market is expected to reach USD 372.97 million by 2033, at a CAGR of 2.89% during the forecast period.
Middle East and Africa Nuclear Imaging Market CAGR of 2.89% during the forecast period.
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Middle East and Africa Nuclear Imaging Market size is 372.97 million from 2024 to 2033.
"Middle East and Africa Nuclear Imaging Market Segment is covered By Product, By Application."
The Middle East anticipated to have the highest market share in the Middle East and Africa Nuclear Imaging Market.
The key players in the market include Companies Covered Bracco Imaging SpA, Canon Medical Systems Corporation, Cardinal Health Inc., Curium, Fujifilm Corporation, GE Healthcare, Koninklijke Philips NV, Mediso Ltd, NTP Radioisotopes SOC Ltd, Siemens AG.
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