Middle East & Africa Medical Image Analysis Software Market Size & Outlook
- Healthcare IT
- Healthcare Information and Management Systems
- Medical Image Analysis Software Market Outlook
- Healthcare Information and Management Systems
Middle East Africa Medical Image Analysis Software Market, 2018-2030 (US$M)
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MEA medical image analysis software market highlights
- The MEA medical image analysis software market generated a revenue of USD 143.7 million in 2023.
- The market is expected to grow at a CAGR of 6.5% from 2024 to 2030.
- In terms of segment, integrated was the largest revenue generating type in 2023.
- Stand Alone is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, Saudi Arabia is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 143.7 million |
| Market revenue in 2030 | USD 223.4 million |
| Growth rate | 6.5% (CAGR from 2023 to 2030) |
| Largest segment | Integrated |
| Fastest growing segment | Stand Alone |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Integrated, Stand Alone |
| Key market players worldwide | Koninklijke Philips NV, Agfa-Gevaert NV, Canon Inc, GE HealthCare Technologies Inc Common Stock, Bruker Corp, Siemens Healthineers AG ADR, Esaote, Neusoft Medical Systems |
Other key industry trends
- In terms of revenue, MEA region accounted for 4.4% of the medical image analysis software market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,383.5 million by 2030.
Growth in factors such as the adoption of unhealthy lifestyle choices and the aging population is driving the demand for new technologies in medical imaging analysis, especially in early and effective diagnosis of diseases.
The demand for new & advanced solutions, along with collaborations between international players and governments, has bolstered investments in the market. For instance, in July 2019, Phillips partnered with the King Hussein Cancer Center in the Middle East.
This partnership goal was to sell a number of CT scanners and MRI machines to oncology centers in the Middle East. Growing demand for these solutions presents significant growth prospects for medical imaging analysis software companies and, in turn, is expected to boost the market. The MEA market is expected to grow at a faster rate during the forecast period.
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Publish Date: Aug 22, 2024
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Medical Image Analysis Software Market Scope
Medical Image Analysis Software Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| GE HealthCare Technologies Inc Common Stock | View profile | 51,000 | 500 West Monroe Street, Chicago, IL, United States, 60661 | www.gehealthcare.com |
| Koninklijke Philips NV | View profile | 73,712 | Philips Center, Amstelplein 2, Amsterdam, Netherlands, 1096 BC | www.philips.com |
| Siemens Healthineers AG ADR | View profile | 71,400 | Siemensstr. 3, Forchheim, BY, Germany, 91301 | www.siemens-healthineers.com |
| Canon Inc | View profile | 169,151 | 30-2, Shimomaruko 3-Chome, Ohta-ku, Tokyo, Japan, 146-8501 | www.global.canon |
| Bruker Corp | View profile | 9,707 | 40 Manning Road, Billerica, MA, United States, 01821 | www.bruker.com |
| Agfa-Gevaert NV | View profile | 7,000 | Septestraat 27, Mortsel, Belgium, B-2640 | www.agfa.com |
| Esaote | View profile | - | - | - |
| Neusoft Medical Systems | View profile | 1001-5000 | Shenyang, Liaoning, China, Asia | medical.neusoft.com |
Middle East & Africa Medical Image Analysis Software Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Medical Image Analysis Software Market Outlook will help companies and investors design strategic landscapes.
Integrated was the largest segment with a revenue share of 54.14% in 2023.
Horizon Databook has segmented the Middle East & Africa medical image analysis software market based on integrated, stand alone covering the revenue growth of each sub-segment from 2018 to 2030.
Growth in factors such as the adoption of unhealthy lifestyle choices and the aging population is driving the demand for new technologies in medical imaging analysis, especially in early and effective diagnosis of diseases.
The demand for new & advanced solutions, along with collaborations between international players and governments, has bolstered investments in the market. For instance, in July 2019, Phillips partnered with the King Hussein Cancer Center in the Middle East.
This partnership goal was to sell a number of CT scanners and MRI machines to oncology centers in the Middle East. Growing demand for these solutions presents significant growth prospects for medical imaging analysis software companies and, in turn, is expected to boost the market. The MEA market is expected to grow at a faster rate during the forecast period.
- Middle East & Africa Medical Image Analysis Software Market Type Outlook (Revenue, USD Million , 2018-2030)
- Integrated
- Stand Alone
- Middle East & Africa Medical Image Analysis Software Market Modality Outlook (Revenue, USD Million , 2018-2030)
- Tomography
- Ultrasound Imaging
- Radiographic Imaging
- Combined Modalities
- Middle East & Africa Medical Image Analysis Software Market Imaging Type Outlook (Revenue, USD Million , 2018-2030)
- 2D Imaging
- 3D Imaging
- 4D Imaging
- Middle East & Africa Medical Image Analysis Software Market Application Outlook (Revenue, USD Million , 2018-2030)
- Orthopedic
- Dental
- Neurology
- Cardiology
- Oncology
- Obstetrics & Gynecology
- Mammography
- Urology & Nephrology
- Middle East & Africa Medical Image Analysis Software Market End Use Outlook (Revenue, USD Million , 2018-2030)
- Hospitals
- Diagnostic Centers
- Ambulatory Surgical Centers
- Others
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa Medical Image Analysis Software Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa Medical Image Analysis Software Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Middle East Africa Medical Image Analysis Software Market, 2018-2030 (US$M)
MEA medical image analysis software market statistics, by type, 2018-2030 (US$M)
