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Middle East and Africa Closed MRI Systems Market Research Report – Segmented By Field Strength, Application and Country (KSA, UAE, Israel, rest of GCC countries, South Africa, Ethiopia, Kenya, Egypt, Sudan, rest of MEA) - Industry Analysis on Size, Share, Trends & Growth Forecast (2022 to 2027)

Published: January, 2022
ID: 2235
Pages: 136

MEA Closed MRI System Market Size (2022 to 2027)

The Middle East and Africa Closed MRI Systems Market size was worth USD 0.25 Billion in 2022 and is expected to reach USD 0.31 Billion by 2027, growing at 4.37% from 2022 to 2027.

The market for closed MRI systems in the Middle East and Africa is expanding due to an older population and increased public knowledge of the benefits of MRI scanning.

Magnetic resonance imaging (MRI) is a method used in radiology to capture images of physiological processes within the body. A closed magnetic resonance imaging (MRI) system is a tube-like tunnel with a strong magnetic field that allows higher resolution and thinner slices. Understanding smaller bodily parts are advantageous. In addition, it scans people faster than traditional MRI scanners.

Closed magnetic resonance imaging (MRI) systems use a magnetic field and radio waves to screen and detect disorders like multiple sclerosis (MS), knee cartilage degradation, breast cancer, dementia, prostate cancer, spinal TB, etc.

Increased technological advancements, such as combining MRI with PET or CT to provide imaging options with less harmful radiation exposure, rising MRI adoption in developing countries, and increasing universal health coverage in developed and developing markets, are also propelling the magnetic resonance imaging market forward.

Magnetic resonance imaging (MRI) is a useful diagnostic tool for detecting disorders such as tumors, strokes, and spinal lesions that affect blood vessels and the brain. Therefore, the increased prevalence of these disorders is a significant factor in market expansion.

The high cost of MRI equipment, declining reimbursement rates for MRI treatments, and a reduction in helium supply, which could force hospitals to replace pricey MRI magnets, would all slow the market's growth.  Furthermore, the high cost of closed MRI systems is projected to stifle the market's growth. Furthermore, in emerging nations, a scarcity of qualified personnel to operate the systems is a key impediment to the market's expansion. A decrease in the availability of helium, which might be used as an alternative to magnets in MRI systems, and a lack of proper infrastructure are essential factors impeding the growth of the closed MRI systems market in the Middle East and Africa.

This research report on the Middle East and Africa Closed MRI System Market segmented and sub-segmented into the following categories.

By Application: 

  • Brain
  • Spine
  • Cardiac
  • Breast
  • Abdomen

By Field Strength: 

  • Low to midfield
  • High Field
  • Very High Field
  • Ultra-High Field

By Country: 

  • KSA
  • UAE
  • Israel
  • rest of GCC countries
  • South Africa
  • Ethiopia
  • Kenya
  • Egypt
  • Sudan
  • rest of MEA

The Middle East and Africa witness a moderate share in the global closed magnetic resonance imaging market, which influences the projected to last for a few more years. However, because of the UAE and Kuwait's well-established healthcare system and the initiatives being carried out by numerous organizations, this area is likely to enhance its market share in the future.

Closed MRI systems, such as radiation therapy, are crucial for diagnoses and treatment regimens. In addition, the demand for MRI in the region is likely to rise due to an increase in cancer cases.

Furthermore, the guideline suggested that the use of equipment such as MRI and CT scans be temporarily paused to prevent the virus from infecting diagnostic equipment. The impact, however, is unlikely to be long-lasting because diagnostic imaging tools like MRI are such an essential aspect of healthcare.

Due to the availability of sufficient infrastructure, high levels of public knowledge about health care, and a large quantity of disposable cash in the region, the Middle East and Africa currently have medium revenue support in the closed MRI systems market.

Emerging economies in the MEA, such as UAE and Kuwait, are expected to expand the highest over the forecast period. In addition, the market in MEA is expected to witness relatively steady growth over the forecast period owing to rapid growth in infrastructure, availability of appropriate healthcare setup, and growing awareness about early diagnosis among the general population.

KEY MARKET PLAYERS:

Companies playing a promising role in the MEA Closed MRI System Market profiled in the report are Hitachi Medical Corporation, Toshiba Medical Systems, Siemens Healthcare, GE Healthcare, Imris Inc., Fonar Corporation, Esaote S.P.A., Neusoft Medical System, Aurora Medical Imaging, and Philips Healthcare.

1.Introduction                                  

                1.1 Market Definition                    

                1.2 Study Deliverables                  

                1.3 Base Currency, Base Year and Forecast Periods                          

                1.4 General Study Assumptions                

2. Research Methodology                                           

                2.1 Introduction                               

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Econometric Modelling      

                                2.2.4 Expert Validation  

                2.3 Analysis Design                         

                2.4 Study Timeline                          

3. Overview                                       

                3.1 Executive Summary                

                3.2 Key Inferences                         

                3.3 Epidemology                              

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                    

                4.1 Market Drivers                          

                4.2 Market Restraints                    

                4.3 Key Challenges                         

                4.4 Current Opportunities in the Market                              

5. Market Segmentation                                              

                5.1 Field Strength                            

                                5.1.1 Introduction           

                                5.1.2 Low to Mid Field   

                                5.1.3 High Field 

                                Very High Field 

                                5.1.5  Ultra High Field     

                                5.1.6  MY-o-Y Growth Analysis, By Field Strength              

                                5.1.7  Market Attractiveness Analysis, By Field Strength

                                5.1.8 Market Share Analysis, By Field Strength   

                5.2 Application                 

                                5.2.1 Introduction           

                                5.2.2 Brain          

                                5.2.3 Cardiac      

                                5.2.4 Spine         

                                5.2.5 Abdominal              

                                5.2.6 Breast       

                                5.2.7 Y-o-Y Growth Analysis, By Application         

                                5.2.8  Market Attractiveness Analysis, By Application      

                                5.2.9  Market Share Analysis, By Application       

6. Geographical Analysis                                              

                6.1 Introduction                               

                                6.1.1 Regional Trends    

                                6.1.2 Impact Analysis     

                                6.1.3 Y-o-Y Growth Analysis        

                                                6.1.3.1 By Geographical Area

                                                6.1.3.2 By Field Strength

                                                6.1.3.3 By Application

                                6.1.4  Market Attractiveness Analysis     

                                                6.1.4.1 By Geographical Area

                                                6.1.4.2 By Field Strength

                                                6.1.4.3 By Application

                                6.1.5  Market Share Analysis      

                                                6.1.5.1 By Geographical Area

                                                6.1.5.2 By Field Strength

                                                6.1.5.3 By Application

                6.2 Middle-East                                

                6.3 Africa                            

7.Strategic Analysis                                        

                7.1 PESTLE analysis                         

                                7.1.1 Political     

                                7.1.2 Economic 

                                7.1.3 Social         

                                7.1.4 Technological         

                                7.1.5 Legal          

                                7.1.6 Environmental       

                7.2 Porter’s Five analysis                              

                                7.2.1 Bargaining Power of Suppliers        

                                7.2.2 Bargaining Power of Consumers    

                                7.2.3 Threat of New Entrants     

                                7.2.4 Threat of Substitute Products and Services              

                                7.2.5 Competitive Rivalry within the Industry     

8.Market Leaders' Analysis                                         

                8.1 Hitachi Medical Corporation                

                                8.1.1 Overview 

                                8.1.2 Product Analysis   

                                8.1.3 Financial analysis  

                                8.1.4 Recent Developments       

                                8.1.5 SWOT analysis       

                                8.1.6 Analyst View          

                8.2 Toshiba Medical Systems                     

                8.3 Siemens Healthcare                

                8.4 GE Healthcare                           

                8.5 Imris Inc.                      

                8.6 Fonar Corporation                   

                8.7 Esaote S.P.A                               

                8.8 Neusoft Medical System,                     

                8.9 Aurora Medical Imaging                        

                8.10 Philips Healthcare                  

9.Competitive Landscape                                            

                9.1 Market share analysis                            

                9.2 Merger and Acquisition Analysis                       

                9.3 Agreements, collaborations and Joint Ventures                         

                9.4 New Product Launches                         

10.Market Outlook and Investment Opportunities                                          

Appendix                                           

                a) List of Tables                

                b) List of Figures                              

  1. Middle East & Africa Closed MRI Market, By Field Strength, From 2022 - 2027 (USD Billion)
  2. Middle East & Africa low to mid field Market, By Region, From 2022 - 2027 (USD Billion)
  3. Middle East & Africa High Field Market, By Region, From 2022 - 2027 (USD Billion)
  4. Middle East & Africa Very High Field Market, By Region, From 2022 - 2027 (USD Billion)
  5. Middle East & Africa Ultra High Field Market, By Region, From 2022 - 2027 (USD Billion)
  6. Middle East & Africa Closed MRI Market, By Application, From 2022 - 2027 (USD Billion)
  7. Middle East & Africa Brain Market, By Region, From 2022 - 2027 (USD Billion)
  8. Middle East & Africa Abdominal Market, By Region, From 2022 - 2027 (USD Billion)
  9. Middle East & Africa Cardiac Market, By Region, From 2022 - 2027 (USD Billion)
  10. Middle East & Africa Spine Market, By Region, From 2022 - 2027 (USD Billion)
  11. Middle East & Africa Breast Market, By Region, From 2022 - 2027 (USD Billion)
  12. Middle East Closed MRI Market, By Field Strength, From 2022 - 2027 (USD Billion)
  13. Middle East Closed MRI Market, By Application, From 2022 - 2027 (USD Billion)
  14. Africa Closed MRI Market, By Field Strength, From 2022 - 2027 (USD Billion)
  15. Africa Closed MRI Market, By Application, From 2022 - 2027 (USD Billion)

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