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Middle East Ultrasound Devices Market - Growth, Trends, and Forecast (2020 - 2025)
The market is segmented By Application, Technology (2D Ultrasound Imaging, 3D and 4D Ultrasound Imaging, Doppler Imaging and High-intensity Focused Ultrasound), Type and Geography
- ABOUT THIS REPORT
- Market Snapshot
- Market Overview
- Scope of the report
- Key Market Trends
- Competitive Landscape
- Major Players
- TABLE OF CONTENTS
Market Snapshot
Study Period:
2017-2025
Base Year:
2019
CAGR:
4 %
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Market Overview
The rising burden of chronic diseases is one of the primary drivers for the market. The cancer burden is increasing, owing to factors such as the aging population, poor diet, smoking, and physical inactivity. According to the Health Department of Abu Dhabi, in 2018, there were around 4,500 new cases of cancer each year in the United Arab Emirates (UAE). Cancer incidence in the Middle East region is on the rise with the number of cases expected to double by 2030, according to the World Health Organisation (WHO). Diagnostic imaging equipment like ultrasound devices provide the capability for prompt and early diagnosis of disease and hence enabling the physicians to cure the disease, which is a key growth factor for the market studied. Additionally, the increase in government and private funding for R&D in ultrasound imaging also contributes to the growth of the market.
Scope of the report
As per the scope of the report, a diagnostic ultrasound, also known as sonography, is an imaging technique that uses high-frequency sound waves to produce images of the different structures inside the body. They are being utilized for the assessment of various conditions in the kidney, liver, and other abdominal conditions. They are also majorly used in chronic diseases, which include health conditions, such as heart disease, asthma, cancer, and diabetes.
| By Application | |
| Anesthesiology | |
| Cardiology | |
| Gynecology/Obstetrics | |
| Musculoskeletal | |
| Radiology | |
| Emergency Department | |
| Critical Care | |
| Other Applications |
| By Technology | |
| 2D Ultrasound Imaging | |
| 3D and 4D Ultrasound Imaging | |
| Doppler Imaging | |
| High-intensity Focused Ultrasound |
| By Type | |
| Stationary Ultrasound | |
| Portable Ultrasound |
| Geography | |||||
|
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Key Market Trends
3D and 4D Ultrasound Imaging Segment is Expected to Show Better Growth in the Forecast Years
Based on Technology, the market is segmented into 2D Ultrasound Imaging, 3D and 4D Ultrasound Imaging, Doppler Imaging and High-intensity Focused Ultrasound. 3D and 4D ultrasound imaging take images from various angles. 4D ultrasound has added advantages of visualization and motion. It is widely used for abdominal applications, including the detection of abnormal fetus development, visualization of colon and rectum, detection of cancerous and benign tumors of prostate glands, and breast lesions, along with the flow of blood in various organs or a fetus. These ultrasounds are likely to experience substantial growth in the coming years, with the higher adoption of technologically advanced devices for better clinical decisions. Furthermore, the increasing burden of chronic diseases and the advancement in imaging technologies are expected to drive market growth.
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Competitive Landscape
The market for ultrasound devices is moderately competitive and there are several international companies in the market that are investing in R&D of advanced innovative technologies in the field of ultrasound imaging, as it is becoming one of the fundamental aspects of healthcare. The global players into the Middle East ultrasound devices market are Canon Medical Systems Corporation, Fujifilm Holdings Corporation, GE Healthcare, Hitachi, Ltd., Hologic, Inc., Koninklijke Philips N.V, Mindray Medical International Limited and Siemens AG.
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Table Of Contents
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 Burden of Chronic Diseases
4.2.2 Increasing Government and Private Funding for R&D in Ultrasound Imaging
4.3 Market Restraints
4.3.1 Stringent Regulatory Framework
4.3.2 Lack of Skilled Labor
4.4 Porter's Five Forces 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 Application
5.1.1 Anesthesiology
5.1.2 Cardiology
5.1.3 Gynecology/Obstetrics
5.1.4 Musculoskeletal
5.1.5 Radiology
5.1.6 Emergency Department
5.1.7 Critical Care
5.1.8 Other Applications
5.2 By Technology
5.2.1 2D Ultrasound Imaging
5.2.2 3D and 4D Ultrasound Imaging
5.2.3 Doppler Imaging
5.2.4 High-intensity Focused Ultrasound
5.3 By Type
5.3.1 Stationary Ultrasound
5.3.2 Portable Ultrasound
5.4 Geography
5.4.1 Middle-East & Africa
5.4.1.1 GCC
5.4.1.2 South Africa
5.4.1.3 Rest of Middle-East & Africa
6. COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Canon Medical Systems Corporation
6.1.2 Fujifilm Holdings Corporation
6.1.3 GE Healthcare
6.1.4 Hitachi, Ltd.
6.1.5 Hologic, Inc.
6.1.6 Koninklijke Philips N.V
6.1.7 Mindray Medical International Limited
6.1.8 Siemens AG
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
*List Not Exhaustive
**Competitive Landscape covers- Business Overview, Financials, Products and Strategies, and Recent Developments
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