Middle East and Africa Medical Imaging Informatics Market Forecast to 2028

Middle East and Africa Medical Imaging Informatics Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Digital Radiography, Ultrasound, MRI, CT, Nuclear Imaging, and Mammography), Application (Hospital, Ambulatory Healthcare Settings, Diagnostic and Imaging Centers, and Others), and Component (Software, Hardware, and Services)

Report Code : BMIRE00025454 | Region : LATAM | Industry : Healthcare IT | Published Date : 21/Jul/2022

The Middle East & Africa medical imaging informatics market is expected to grow to US$ 112.58 million by 2028 from US$ 88.66 million in 2021; it is estimated to grow at a CAGR of 3.5% from 2021 to 2028.

The market growth is attributed to the technological advancements in medical imaging informatics and rising demand for AI- and cloud-based platforms. However, a lack of expertise in operating medical imaging informatics systems is expected to restrict the market growth during the forecast period.

For many years, compact disks (CDs) have been ubiquitous when sharing medical images. Discs were provided to patients with less or no security, leading to lost or stolen couriers in worse scenarios. Digitization in imaging provides several advantages, including higher pixel information, efficient storage and retrieval, and easy data sharing among team members.

Taking advantage of technological advancements, various radiology systems such as picture archiving and communication systems (PACS), enterprise imaging, and cardiovascular information system (CVIS) vendors are releasing new and fully revamped platforms.

The newer generation web-based cloud platforms also benefit by offering much faster connection speeds. Large imaging files can, thus, be opened in less than a second or two for reading images. Thus, the rising demand for AI and cloud-based platforms is likely to bring new trends in the Middle East & Africa medical imaging informatics market during the forecast period.

Middle East & Africa Medical Imaging Informatics Market Revenue and Forecast to 2028 (US$ Million)

Middle East & Africa Medical Imaging Informatics Market Segmentation

The Middle East & Africa medical imaging informatics market is segmented into type, application, component, and country. Based on type, the market is segmented into digital radiography, ultrasound, MRI, CT, nuclear imaging, and mammography. Based on application, the market is categorized into hospitals, ambulatory healthcare settings, diagnostics and imaging centers, and others. Based on component, the market is segmented into software, hardware, and services. By country, the Middle East & Africa medical imaging informatics market is segmented into the UAE, Saudi Arabia, South Africa, and the Rest of Middle East & Africa.

Agfa-Gevaert Group; Carestream Health; GENERAL ELECTRIC; Koninklijke Philips N.V.; Siemens Healthcare GmbH; Hologic, Inc.; Konica Minolta, Inc.; Shenzhen Mindray Bio-Medical Electronics Co., Ltd.; and FUJIFILM Holdings Corporation are a few major companies operating in the Middle East & Africa medical imaging informatics market.

At 3.5% CAGR, the Middle East and Africa Medical Imaging Informatics Market is speculated to be worth US$ 112.58 million by 2028, says The Insight Partners

According to The Insight Partners’ research, the Middle East and Africa medical imaging informatics market was valued at US$ 88.66 million in 2021 and is expected to reach US$ 112.58 million by 2028, registering an annual growth rate of 3.5% from 2021 to 2028. The technological advancements in medical imaging informatics and rising demand for AI- and cloud-based platforms are the critical factors attributed to the market expansion.

Technological integration has played an enormous role in developing efficient medical imaging tools in recent years. Medical imaging informatics is used to diagnose physical injuries, and locate and identify tumors in the human body. Considering the massive potential held by medical imaging, companies are looking to invest heavily in the development of efficient products to expand their clientele. Increasing regulatory approvals for advanced products, paired with the focus on product innovations, are likely to have a huge impact on the growth of the overall medical imaging informatics market in the coming years. In November 2021, Philips launched a new AI-enabled Magnetic Resonance (MR) portfolio of smart diagnostic systems, optimized workflow solutions, and integrated clinical solutions. The MR portfolio of smart diagnostic systems is an intelligent integrated solution designed to speed up MR examination, streamline workflows, optimize diagnostic quality, and help ensure operational efficiency and sustainability. In July 2020, FUJIFILM Sonosite, Inc. announced the Sonosite PX ultrasound system launch. The company claims that this product is the next generation in Sonosite POCUS, with the most advanced image clarity. Moreover, in April 2019, Canon Medical Systems launched its new ultrasound system that delivers higher performance than its counterparts. The Aplio-A series introduced by the company is used for various clinical purposes and is available at an affordable price. The availability of such low-cost products with high efficiency is likely to favor the growth of the overall medical imaging informatics market in the coming years.

On the contrary, a lack of expertise in operating medical imaging informatics systems hurdles the growth of Middle East and Africa medical imaging informatics market.

Based on type, the market is segmented into digital radiography, ultrasound, MRI, CT, nuclear imaging, and mammography. The ultrasound segment held 32.3% market share in 2021, amassing US$ 28.61 million. It is projected to garner US$ 35.78 million by 2028 to expand at 3.2% CAGR during 2021–2028.

Based on application, the market is categorized into hospitals, ambulatory healthcare settings, diagnostics and imaging centers, and others. With 64.3% share of the domain, the hospitals segment dominated the market in 2021. It accrued US$ 57.05 million in 2021 and is estimated to generate US$ 72.97 million by 2028 to grow at a CAGR of 3.6% over the forecast period.

Based on component, the market is segmented into software, hardware, and services. The software segment held 62.8% market share in 2021, amassing US$ 55.63 million. It is projected to garner US$ 71.18 million by 2028 to expand at 3.6% CAGR during 2021–2028.

Based on country, the Middle East and Africa medical imaging informatics market is categorizsed into the UAE, Saudi Arabia, South Africa, and the Rest of Middle East and Africa. Our regional analysis states that UAE captured 31.3% market share in 2021. It was assessed at US$ 27.79 million in 2021 and is likely to hit US$ 35.86 million by 2028, exhibiting a CAGR of 3.7% during the forecast period.

Key players dominating the Middle East and Africa medical imaging informatics market are Agfa-Gevaert Group; Carestream Health; GENERAL ELECTRIC; Koninklijke Philips N.V.; Siemens Healthcare GmbH; Hologic, Inc.; Konica Minolta, Inc.; Shenzhen Mindray Bio-Medical Electronics Co., Ltd.; and FUJIFILM Holdings Corporation among others.

TABLE OF CONTENTS

1. Introduction

1.1 Scope of the Study

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

1.3.1 Middle East and Africa Medical Imaging Informatics Market – By Type

1.3.2 Middle East and Africa Medical Imaging Informatics Market – By Application

1.3.3 Middle East and Africa Medical Imaging Informatics Market – By Component

1.3.4 Middle East and Africa Medical Imaging Informatics Market – By Country

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. Medical Imaging Informatics Market – Market Landscape

4.1 Overview

4.2 PEST Analysis

4.2.1 Middle East And Africa PEST Analysis

4.3 Experts Opinion

5. Medical Imaging Informatics Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Increase in Number of Medical Imaging Procedures

5.1.2 Surge in Geriatric Population

5.2 Market Restraints

5.2.1 Lack of Expertise to Operate Medical Imaging Informatics Systems

5.3 Market Opportunities

5.3.1 Technological Advancements in Medical Imaging Informatics

5.4 Future Trends

5.4.1 Rising Demand for AI- and Cloud-Based Platforms

5.5 Impact Analysis

6. Medical Imaging Informatics Market– Middle East and Africa Analysis

6.1 Middle East and Africa Medical Imaging Informatics Market Revenue Forecast and Analysis

7. Medical Imaging Informatics Market Revenue and Forecasts to 2028– by Type

7.1 Overview

7.2 Medical Imaging Informatics Market, By Type, 2021 & 2028 (%)

7.3 Digital Radiography

7.3.1 Overview

7.3.2 Digital Radiography: Medical Imaging Informatics Market Revenue and Forecasts to 2028 (US$ Million)

7.4 Ultrasound

7.4.1 Overview

7.4.2 Ultrasound: Medical Imaging Informatics Market Revenue and Forecasts to 2028 (US$ Million)

7.5 MRI

7.5.1 Overview

7.5.2 MRI: Medical Imaging Informatics Market Revenue and Forecasts to 2028 (US$ Million)

7.6 CT

7.6.1 Overview

7.6.2 CT: Medical Imaging Informatics Market Revenue and Forecasts to 2028 (US$ Million)

7.7 Nuclear Imaging

7.7.1 Overview

7.7.2 Nuclear Imaging: Medical Imaging Informatics Market Revenue and Forecasts to 2028 (US$ Million)

7.8 Mammography

7.8.1 Overview

7.8.2 Mammography: Medical Imaging Informatics Market Revenue and Forecasts to 2028 (US$ Million)

8. Medical Imaging Informatics Market Revenue and Forecasts To 2028 – Application

8.1 Overview

8.2 Medical Imaging Informatics Market Share by Application - 2021 & 2028 (%)

8.3 Hospitals

8.3.1 Overview

8.3.2 Hospital: Medical Imaging Informatics Market Revenue and Forecast to 2028 (US$ Million)

8.4 Ambulatory Healthcare Settings

8.4.1 Overview

8.4.2 Ambulatory Healthcare Settings: Medical Imaging Informatics Market Revenue and Forecast to 2028 (US$ Million)

8.5 Diagnostics and Imaging Centers

8.5.1 Overview

8.5.2 Diagnostics and Imaging Centers: Medical Imaging Informatics Market Revenue and Forecast to 2028 (US$ Million)

8.6 Others

8.6.1 Overview

8.6.2 Others: Medical Imaging Informatics Market Revenue and Forecast to 2028 (US$ Million)

9. Medical Imaging Informatics Market Revenue and Forecasts To 2028 – Component

9.1 Overview

9.2 Medical Imaging Informatics Market Share by Component- 2021 & 2028 (%)

9.3 Software

9.3.1 Overview

9.3.2 Software: Medical Imaging Informatics Market Revenue and Forecast to 2028 (US$ Million)

9.4 Hardware

9.4.1 Overview

9.4.2 Hardware: Medical Imaging Informatics Market Revenue and Forecast to 2028 (US$ Million)

9.5 Services

9.5.1 Overview

9.5.2 Services: Medical Imaging Informatics Market Revenue and Forecast to 2028 (US$ Million)

10. Medical Imaging Informatics Market Revenue and Forecasts to 2028 – Middle East & Africa Analysis

10.1 Middle East & Africa Medical Imaging Informatics Market Revenue and Forecasts To 2028

10.1.1 Overview

10.1.2 Middle East & Africa: Medical Imaging Informatics Market - Revenue and Forecast to 2028 (US$ Million)

10.1.3 Middle East & Africa Medical Imaging Informatics Market, by Type– Revenue and Forecast to 2028 (USD Million)

10.1.4 Middle East & Africa Medical Imaging Informatics Market, by Application– Revenue and Forecast to 2028 (USD Million)

10.1.5 Middle East & Africa Medical Imaging Informatics Market, by Component– Revenue and Forecast to 2028 (USD Million)

10.1.6 Middle East & Africa: Medical Imaging Informatics Market, by Country, 2021 & 2028 (%)

10.1.6.1 Saudi Arabia: Medical Imaging Informatics Market - Revenue and Forecast to 2028 (USD Million)

10.1.6.1.1 Saudi Arabia: Medical Imaging Informatics Market – Revenue and Forecast to 2028 (USD Million)

10.1.6.1.2 Saudi Arabia Medical Imaging Informatics Market, by Type– Revenue and Forecast to 2028 (USD Million)

10.1.6.1.3 Saudi Arabia Medical Imaging Informatics Market, by Application– Revenue and Forecast to 2028 (USD Million)

10.1.6.1.4 Saudi Arabia Medical Imaging Informatics Market, by Component– Revenue and Forecast to 2028 (USD Million)

10.1.6.2 UAE: Medical Imaging Informatics Market – Revenue and Forecast to 2028 (USD Million)

10.1.6.2.1 UAE: Medical Imaging Informatics Market – Revenue and Forecast to 2028 (USD Million)

10.1.6.2.2 UAE Medical Imaging Informatics Market, by Type– Revenue and Forecast to 2028 (USD Million)

10.1.6.2.3 UAE Medical Imaging Informatics Market, by Application– Revenue and Forecast to 2028 (USD Million)

10.1.6.2.4 UAE Medical Imaging Informatics Market, by Component– Revenue and Forecast to 2028 (USD Million)

10.1.6.3 South Africa: Medical Imaging Informatics Market – Revenue and Forecast to 2028 (USD Million)

10.1.6.3.1 South Africa: Medical Imaging Informatics Market – Revenue and Forecast to 2028 (USD Million)

10.1.6.3.2 South Africa Medical Imaging Informatics Market, by Type– Revenue and Forecast to 2028 (USD Million)

10.1.6.3.3 South Africa Medical Imaging Informatics Market, by Application– Revenue and Forecast to 2028 (USD Million)

10.1.6.3.4 South Africa Medical Imaging Informatics Market, by Component– Revenue and Forecast to 2028 (USD Million)

10.1.6.4 Rest of Middle East and Africa: Medical Imaging Informatics Market - Revenue and Forecast to 2028 (USD Million)

10.1.6.4.1 Rest of Middle East and Africa: Medical Imaging Informatics Market - Revenue and Forecast to 2028 (USD Million)

10.1.6.4.2 Rest of Middle East & Africa Medical Imaging Informatics Market, by Type– Revenue and Forecast to 2028 (USD Million)

10.1.6.4.3 Rest of Middle East & Africa Medical Imaging Informatics Market, by Application– Revenue and Forecast to 2028 (USD Million)

10.1.6.4.4 Rest of Middle East & Africa Medical Imaging Informatics Market, by Component– Revenue and Forecast to 2028 (USD Million)

11. Medical Imaging Informatics Market –Industry Landscape

11.1 Overview

11.2 Organic Developments

11.2.1 Overview

11.3 Inorganic Developments

11.3.1 Overview

12. Company Profiles

12.1 Agfa-Gevaert Group

12.1.1 Key Facts

12.1.2 Business Description

12.1.3 Products and Services

12.1.4 Financial Overview

12.1.5 SWOT Analysis

12.1.6 Key Developments

12.2 Carestream Health

12.2.1 Key Facts

12.2.2 Business Description

12.2.3 Products and Services

12.2.4 Financial Overview

12.2.5 SWOT Analysis

12.2.6 Key Developments

12.3 GENERAL ELECTRIC

12.3.1 Key Facts

12.3.2 Business Description

12.3.3 Products and Services

12.3.4 Financial Overview

12.3.5 SWOT Analysis

12.3.6 Key Developments

12.4 Koninklijke Philips N.V.

12.4.1 Key Facts

12.4.2 Business Description

12.4.3 Products and Services

12.4.4 Financial Overview

12.4.5 SWOT Analysis

12.4.6 Key Developments

12.5 Siemens Healthcare GmbH

12.5.1 Key Facts

12.5.2 Business Description

12.5.3 Products and Services

12.5.4 Financial Overview

12.5.5 SWOT Analysis

12.5.6 Key Developments

12.6 Hologic, Inc.

12.6.1 Key Facts

12.6.2 Business Description

12.6.3 Products and Services

12.6.4 Financial Overview

12.6.5 SWOT Analysis

12.6.6 Key Developments

12.7 Konica Minolta, Inc.

12.7.1 Key Facts

12.7.2 Business Description

12.7.3 Products and Services

12.7.4 Financial Overview

12.7.5 SWOT Analysis

12.7.6 Key Developments

12.8 Shenzhen Mindray Bio-Medical Electronics Co., Ltd.

12.8.1 Key Facts

12.8.2 Business Description

12.8.3 Products and Services

12.8.4 Financial Overview

12.8.5 SWOT Analysis

12.8.6 Key Developments

12.9 FUJIFILM Holdings Corporation

12.9.1 Key Facts

12.9.2 Business Description

12.9.3 Products and Services

12.9.4 Financial Overview

12.9.5 SWOT Analysis

12.9.6 Key Developments

13. Appendix

13.1 About The Insight Partners

13.2 Glossary of Terms

LIST OF TABLES.

Table 1. Middle East & Africa Medical Imaging Informatics Market, by Type– Revenue and Forecast to 2028 (USD Million)

Table 2. Middle East & Africa Medical Imaging Informatics Market, by Application– Revenue and Forecast to 2028 (USD Million)

Table 3. Middle East & Africa Medical Imaging Informatics Market, by Component – Revenue and Forecast to 2028 (USD Million)

Table 4. Saudi Arabia Medical Imaging Informatics Market, by Type– Revenue and Forecast to 2028 (USD Million)

Table 5. Saudi Arabia Medical Imaging Informatics Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 6. Saudi Arabia Medical Imaging Informatics Market, by Component – Revenue and Forecast to 2028 (USD Million)

Table 7. UAE Medical Imaging Informatics Market, by Type– Revenue and Forecast to 2028 (USD Million)

Table 8. UAE Medical Imaging Informatics Market, by Application– Revenue and Forecast to 2028 (USD Million)

Table 9. UAE Medical Imaging Informatics Market, by Component – Revenue and Forecast to 2028 (USD Million)

Table 10. South Africa Medical Imaging Informatics Market, by Type– Revenue and Forecast to 2028 (USD Million)

Table 11. South Africa Medical Imaging Informatics Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 12. South Africa Medical Imaging Informatics Market, by Component – Revenue and Forecast to 2028 (USD Million)

Table 13. Rest of Middle East & Africa Medical Imaging Informatics Market, by Type– Revenue and Forecast to 2028 (USD Million)

Table 14. Rest of Middle East & Africa Medical Imaging Informatics Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 15. Rest of Middle East & Africa Medical Imaging Informatics Market, by Component – Revenue and Forecast to 2028 (USD Million)

Table 16. Organic Developments Done By Companies

Table 17. Inorganic Developments Done By Companies

Table 18. Glossary of Terms

LIST OF FIGURES.

Figure 1. Medical Imaging Informatics Market Segmentation

Figure 2. Medical Imaging Informatics Market, By Country

Figure 3. Middle East and Africa Medical Imaging Informatics Market Overview

Figure 4. Ultrasound Segment Held Largest Share of Type Segment in Medical Imaging Informatics Market

Figure 6. Middle East and Africa Medical Imaging Informatics Market- Leading Country Markets (US$ Million)

Figure 7. Middle East And Africa: PEST Analysis

Figure 8. Experts Opinion

Figure 9. Impact Analysis of Drivers and Restraints Pertaining to Report Name Market

Figure 10. Middle East and Africa Medical Imaging Informatics Market – By Country Forecast and Analysis – 2021 - 2028

Figure 11. Medical Imaging Informatics Market, by Type, 2021 & 2028 (%)

Figure 12. Digital Radiography: Medical Imaging Informatics Market Revenue and Forecasts to 2028 (US$ Million)

Figure 13. Ultrasound: Medical Imaging Informatics Market Revenue and Forecasts to 2028 (US$ Million)

Figure 14. MRI: Medical Imaging Informatics Market Revenue and Forecasts to 2028 (US$ Million)

Figure 15. CT: Medical Imaging Informatics Market Revenue and Forecasts to 2028 (US$ Million)

Figure 16. Nuclear Imaging: Medical Imaging Informatics Market Revenue and Forecasts to 2028 (US$ Million)

Figure 17. Mammography: Medical Imaging Informatics Market Revenue and Forecasts to 2028 (US$ Million)

Figure 18. Medical Imaging Informatics Market Share by Application - 2021 & 2028 (%)

Figure 19. Hospital: Medical Imaging Informatics Market Revenue and Forecasts To 2028 (US$ Million)

Figure 20. Ambulatory Healthcare Settings: Medical Imaging Informatics Market Revenue and Forecasts To 2028 (US$ Million)

Figure 21. Diagnostics and Imaging Centers: Medical Imaging Informatics Market Revenue and Forecasts To 2028 (US$ Million)

Figure 22. Others: Medical Imaging Informatics Market Revenue and Forecasts To 2028 (US$ Million)

Figure 23. Medical Imaging Informatics Market Share by Component - 2021 & 2028 (%)

Figure 24. Software: Medical Imaging Informatics Market Revenue and Forecasts To 2028 (US$ Million)

Figure 25. Hardware: Medical Imaging Informatics Market Revenue and Forecasts To 2028 (US$ Million)

Figure 26. Services: Medical Imaging Informatics Market Revenue and Forecasts To 2028 (US$ Million)

Figure 27. Middle East & Africa: Medical Imaging Informatics Market, by Key Country – Revenue (2021) (USD Million)

Figure 28. Middle East & Africa Medical Imaging Informatics Market Revenue and Forecast to 2028 (USD Million)

Figure 29. Middle East & Africa: Medical Imaging Informatics Market, by Country, 2021 & 2028 (%)

Figure 30. Saudi Arabia: Medical Imaging Informatics Market – Revenue and Forecast to 2028 (USD Million)

Figure 31. UAE: Medical Imaging Informatics Market – Revenue and Forecast to 2028 (USD Million)

Figure 32. South Africa: Medical Imaging Informatics Market – Revenue and Forecast to 2028 (USD Million)

Figure 33. Rest of Middle East and Africa: Medical Imaging Informatics Market - Revenue and Forecast to 2028 (USD Million)

The List of Companies - Middle East and Africa Medical Imaging Informatics Market

● Agfa-Gevaert Group

● Carestream Health

● FUJIFILM Holdings Corporation

● GENERAL ELECTRIC

● Hologic, Inc.

● Konica Minolta, Inc.

● Koninklijke Philips N.V.

● Shenzhen Mindray Bio-Medical Electronics Co., Ltd.

● Siemens Healthcare GmbH

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