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Middle East and Africa Computed Tomography Market - Growth, Trends, and Forecast (2020 - 2025)

  • ID: 5175629
  • Report
  • August 2020
  • Region: Middle East, Africa
  • 100 pages
  • Mordor Intelligence
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until Dec 31st 2020
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FEATURED COMPANIES

  • Bruker Corporation
  • GE Healthcare
  • Koninklijke Philips NV
  • Siemens Healthineers
  • MORE
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.

Key Market Trends

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.

Competitive Landscape

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.

Reasons to Purchase this report:
  • The market estimate (ME) sheet in Excel format
  • 3 months of analyst support
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Bruker Corporation
  • GE Healthcare
  • Koninklijke Philips NV
  • Siemens Healthineers
  • MORE
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 Lack of Adequate Reimbursement and Stringent Regulatory Framework
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 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

7 MARKET OPPORTUNITIES AND FUTURE TRENDS
Note: Product cover images may vary from those shown
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  • Siemens Healthineers
  • Canon Medical Systems Corporation
  • GE Healthcare
  • Hitachi Healthcare Systems
  • Koninklijke Philips NV
  • Shenzhen Anke High-Tech Co.
  • Bruker Corporation
Note: Product cover images may vary from those shown
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