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Middle East and Africa Open 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, Share, Size, Trends & Growth Forecast (2022 to 2027)

Published: January, 2022
ID: 2249
Pages: 170

MEA Open MRI Systems Market Size (2022 to 2027)

The Open MRI Systems Market size in Latin America was worth 0.22 billion USD in 2022 and is expected to grow at a CAGR OF 8.20% and reach 0.32 billion USD by 2027.

MRI is a scan that utilizes a magnetic field and pulses from Radio wave energy to make pictures of internal parts of our body. MRI may show problems that weren’t seen by other imaging methods. MRIs are generally closed, but some don’t enclose your body completely, which is called open MRI. But they aren’t available everywhere.

MRI is mainly used for finding problems like injury, tumors, Bleeding, Infection, or Blood Vessel Diseases. It is also used to see a problem encountered on an x-ray or CT scan. MRI can take pictures of the Spine, Head, Brain, cardiac, Abdominal, and blood vessels and find the diseases or any problems associated with them. Open MRI was considered a low field MRI in the past, and most people think it’s less powerful than closed MRI. But now, a day’s field strength is increased and in the range of midfield MRI. Its field strength is improved to the high field, but we do not call it open anymore.

There are many drivers in this market like an increase in MRI techniques, an aging population, Developing Markets, software Applications, open architecture, and the development of MRI-compatible pacemakers. While some other factors like the high cost of MRI systems, declining reimbursement rates, draining helium gas deposits, lack of skilled labor and machines' complexity have restrained the market. In addition, Latin America is one of the developing markets owing to its growing economy.

This research report on the Middle East and Africa Open MRI Systems Market has been segmented and sub-segmented into the following categories.

By Field Strength: 

  • Low
  • Midfield

By Application: 

  • Brain
  • Spine
  • Cardiac
  • Breast
  • Abdomen

By Country: 

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

The Dubai Health Authority has built a 3D printing lab in its innovation center, which provides medical professionals with patient-specific anatomical models, allowing them to undertake extensive preoperative analysis and improve patient communication. In addition, the innovation center is likely to collect data from patients, mainly through CT or MRI scans, which will aid clinicians in isolating anatomical areas. This scan is also transformed into a 3D printable file. As a result of such technological advancements and the existence of prominent players, the MRI market in the UAE is growing. Global companies like GE Healthcare, Siemens, and Phillips have a strong grip on developing technology and distribution channels in the region. When MRI is paired with other strong imaging modalities, such as radiography, it can be utilized to treat infertility patients. Furthermore, the market is likely to be fueled by the increased popularity of technologically advanced MRI systems such as hybrid MRI, particularly in developed markets.

KEY MARKET PLAYERS:

Companies playing a prominent role in the MEA Open MRI Systems market profiled in the report are Hitachi Medical Corporation (Japan), Toshiba Medical Systems (Japan), Siemens Healthcare (Germany), GE Healthcare (U.K.), and Philips Healthcare (Netherlands).

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 Y-o-Y Growth Analysis, By Field Strength   

                                5.1.4 Market Attractiveness Analysis, By Field Strength 

                                5.1.5  Market Share Analysis, By Field Strength  

                5.2 Application                 

                                5.2.1 Introduction           

                                5.2.2 Brain          

                                5.2.3 Spine         

                                5.2.4 Abdominal              

                                5.2.5 Breast       

                                5.2.6 Cardiac      

                                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 GE Healthcare                           

                                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 Hitachi Medical Corporation                

                8.3 Philips Healthcare                    

                8.4 Siemens Healthcare                

                8.5 Toshiba Medical Systems                     

                8.6 Aastrom Biosciences                              

                8.7 Celgene Corporation                              

                8.8 Invitrogen                   

                8.9 Cytori Therapeutics                 

                8.10 Retractable Technologies                   

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 Open MRI Systems 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 Open MRI Systems Market, By Application, From 2022 - 2027 (USD Billion)
  4. Middle East & Africa Brain Market, By Region, From 2022 - 2027 (USD Billion)
  5. Middle East & Africa Spine Market, By Region, From 2022 - 2027 (USD Billion)
  6. Middle East & Africa Cardiac Market, By Region, From 2022 - 2027 (USD Billion)
  7. Middle East & Africa Abdominal Market, By Region, From 2022 - 2027 (USD Billion)
  8. Middle East & Africa Breast Market, By Region, From 2022 - 2027 (USD Billion)
  9. Middle East Open MRI Systems Market, By Field Strength, From 2022 - 2027 (USD Billion)
  10. Middle East Open MRI Systems Market, By Application, From 2022 - 2027 (USD Billion)
  11. Africa Open MRI Systems Market, By Field Strength, From 2022 - 2027 (USD Billion)
  12. Africa Open MRI Systems Market, By Application, From 2022 - 2027 (USD Billion)

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