Market Trends of Middle East and Africa Portable X Ray Devices Industry
This section covers the major market trends shaping the MEA Portable X-Ray Devices Market according to our research experts:
Digital X-ray is Expected to Hold a Significant Share of the Market During the Forecasted Period
Digital X-ray, also called direct digital radiography, uses x-ray-sensitive plates that collect data directly from the patient during the exam and quickly send it to a computer system. This is different from computed radiography (CR), which uses a cassette in between the patient and the x-ray machine.The digital x-ray segment is expected to witness growth in the coming years due to the increase in the occurrence of orthopedic diseases and cancers, the increasing number of serious injuries, the advantages of digital x-ray systems over conventional x-rays, technological advancements, and product development.
Moreover, the geriatric population is more susceptible to chronic diseases, and an increase in this population is likely to support the growth of the market. The United Nations Population Fund Arab States Regional Office in October 2021 stated that Egypt is undergoing a demographic shift, with the number of people aged 60 and up predicted to more than quadruple between 2020 and 2050, from 8.4 million (8% of the total population) to 22 million (14%). Such a high prevalence indicates the rising demand for medical imaging that is likely to increase the availability of digital x-ray services in the region.
Also, product launches and demos of x-ray devices in the region studied are likely to drive market growth over the next few years.For instance, in June 2021, LG's latest digital X-ray detector (DXD) with artificial intelligence (AI) solutions was introduced at Arab Health 2021, the largest medical equipment expo in the Middle East.
Thus, due to the increase in the geriatric population and the rise in product launches in the studied region, the digital X-ray segment is likely to witness significant growth in the Middle East and Africa portable X-ray devices market over the forecast period.
GCC is Anticipated to Hold a Significant Growth in the Middle East and Africa Portable X Ray Devices Market Over the Forecast Period
GCC is made up of six Arabian countries: Oman, Kuwait, Bahrain, Qatar, the United Arab Emirates, and the Kingdom of Saudi Arabia.In the GCC, the regional disease burden, rising geriatric population, increasing lifestyle diseases, and expansion of market players are contributing to market growth. For instance, according to the United Nations Population Fund's World Population Dashboard's Statistics 2021, in Kuwait, a large proportion of the living population is aged between 15 and 64 years and accounts for 75.5%. 3.4% of the population is aged 65 and above. As the elderly population is more likely to be affected by chronic diseases, this is expected to drive the growth of the market.
Market growth is also expected to be driven by new products and strategic partnerships between the major players.For example, in September 2022, the Saudi Company for Artificial Intelligence signed an agreement with Lean, a provider of healthcare management solutions, to look into how AI could be used to help the Saudi healthcare system.Under the terms of the agreement, SCAI is fully owned by the Public Investment Fund and will collaborate with Lean on taking AI-driven technologies to the next level to deliver innovative healthcare solutions.
So, the Middle East and Africa portable X-ray devices market is likely to grow a lot over the next few years, especially in the GCC. This is because there are more older people, more new products, and more strategic partnerships.
