MEA Computed Tomography Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 6.20 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
MEA Computed Tomography Market Analysis
The Middle East and Africa Computed Tomography market studied have been projected to grow with a CAGR of 6.2% over the forecast period. The market is primarily driven by the rising geriatric population and an increase in incidences of chronic diseases. Chronic diseases, such as heart disease, stroke, cancer, diabetes, obesity are among the most common, expensive, and preventable of all health problems.
According to the Global Cancer Observatory, in Saudi Arabia there are 830 new kidney cancer cases were registered in 2018, furthermore, 249 people were died due to these diseases. According to the article published by Sultan S. Alkhateeb in 2018, the incidence in kidney cancer is increasing and is associated with an alarming increase in the prevalence of associated risk factors in the kingdom. In this region breast cancer is the most prevalent cancer and the average age of the diagnosis is a decade earlier than the western countries. Furthermore, an increase in the shift of medical care towards image-guided interventions coupled with technological advancements in the region is boosting the market growth.
MEA Computed Tomography Market Trends
This section covers the major market trends shaping the MEA Computed Tomography Market according to our research experts:
Oncology Segment by Application is Expected to Account for Largest Market Share During the Forecast Period
Oncology deals with the diagnosis and treatment of tumors and cancers, while cancer is one of the leading causes of morbidity and mortality. The increasing cancer burden is due to a number of factors, including population growth and aging and the changing prevalence of certain causes of cancer is linked to social and economic development.
Cancer is also associated with lifestyles and the changing lifestyles in the region is increasing the prevalence of cancer. According to the World Health Organization (WHO) estimates, 2019, breast cancer rates across the middle east are expected to double between 2012 and 2030, which is the highest relative increase of any region globally. Therefore with this increase in the cancer burden the market is expected to grow exponentially.
MEA Computed Tomography Industry Overview
The Middle East and Africa Computed Tomography market is a moderately consolidated market, owing to the presence of a few major players in the market. The major market players, such as Canon Medical Systems Corporation, Koninklijke Philips NV, GE Healthcare, and Siemens Healthineers, hold a significant market share in the industry. Most of the market players are focusing on bringing technologically advanced products in the market to acquire the maximum market share.
MEA Computed Tomography Market Leaders
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Canon Medical Systems Corporation
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GE Healthcare
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Hitachi Healthcare Systems
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Koninklijke Philips NV
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Siemens Healthineers
*Disclaimer: Major Players sorted in no particular order
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MEA Computed Tomography Market News
In February 2020: The company GE Healthcare had announced the expansion of advanced imaging activities in Israel. In addition, The Israel Innovation Authority had granted USD 13.4 million to expand its Rehovot center.
MEA Computed Tomography Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Rising Geriatric Population and Increase in Incidences of Chronic Diseases
4.2.2 Increase in Shift of Medical Care Toward Image-guided Interventions coupled with Technological Advancements
4.3 Market Restraints
4.3.1 High Cost and Lack of Adequate Reimbursement Coupled with the Side Effects of CT Scanning
4.4 Porter's Five Force Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 By Type
5.1.1 Low Slice
5.1.2 Medium Slice
5.1.3 High Slice
5.2 By Application
5.2.1 Oncology
5.2.2 Neurology
5.2.3 Cardiovascular
5.2.4 Other Applications
5.3 By End User
5.3.1 Hospitals
5.3.2 Clinics
5.3.3 Others
5.4 Geography
5.4.1 Middle-East and Africa
5.4.1.1 GCC
5.4.1.2 South Africa
5.4.1.3 Rest of Middle-East and Africa
6. COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Siemens Healthineers
6.1.2 Canon Medical Systems Corporation
6.1.3 General Electric Company (GE Healthcare)
6.1.4 Hitachi Healthcare Systems
6.1.5 Koninklijke Philips NV
6.1.6 Shenzhen Anke High-Tech Co.
6.1.7 Bruker Corporation
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
MEA Computed Tomography Industry Segmentation
As per the scope of the report, computed tomography (CT) is an imaging process that customizes special X-ray equipment to generate a sequence of exhaustive images, or scans, of areas inside the body. Also called computerized axial tomography (CAT) scanning, it is primarily used in cancer diagnosis.
| By Type | |
| Low Slice | |
| Medium Slice | |
| High Slice |
| By Application | |
| Oncology | |
| Neurology | |
| Cardiovascular | |
| Other Applications |
| By End User | |
| Hospitals | |
| Clinics | |
| Others |
| Geography | |||||
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MEA Computed Tomography Market Research FAQs
What is the current Middle East and Africa CT Market size?
The Middle East and Africa CT Market is projected to register a CAGR of 6.20% during the forecast period (2024-2029)
Who are the key players in Middle East and Africa CT Market?
Canon Medical Systems Corporation, GE Healthcare, Hitachi Healthcare Systems, Koninklijke Philips NV and Siemens Healthineers are the major companies operating in the Middle East and Africa CT Market.
What years does this Middle East and Africa CT Market cover?
The report covers the Middle East and Africa CT Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Middle East and Africa CT Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Middle East and Africa CT Industry Report
Statistics for the 2024 Middle East and Africa CT market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Middle East and Africa CT analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
