The recently published report description by Markntel Advisor demonstrates the primary factors of the market expansion using recent developments and achievements of the leading market players. Such as the Fujifilm Holding Corporation, a company that designs manufactures, and markets healthcare solutions, material solutions, and imaging systems, recently collaborated with Aster DM Healthcare to reveal artificial intelligence-enhanced diagnostics, imaging, and radiology solutions in the GCC including UAE. The report signifies a growing emphasis on collaboration and partnership propels more opportunities for the exponential growth of market expansion.
The report comprises “UAE Diagnostic Imaging Equipment Market Research Report: UAE Diagnostic Imaging Equipment Market Report – By Type, (Computed Tomography (CT) Scan, Magnetic Resonance Imaging (MRI), Ultrasound, X-Ray, Nuclear Imaging, Mammography, Others (Fluoroscopy, Echocardiography, etc.)), By End User, (Hospitals, Diagnostic/Imaging Centers, Others (Specialty Clinics, Ambulatory Surgical Centers, etc.)), By Application, (Cardiology, Oncology, Neurology, Orthopedics, Gastroenterology, Gynecology, Others (Urology, Pulmonology, etc.)), Others Forecast (2024-2030)”, According to the report, the UAE Diagnostic Imaging Equipment Market is estimated to grow at a CAGR of around 3.5% during the forecast period, i.e., 2024-30. The market growth is driven by the rising prevalence of chronic diseases and advancements in imaging technologies.
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Leading Segmentation Analysis Based On End-Users and Application
The UAE Diagnostic Imaging Equipment market is segmented into four segments based on type, end-user, region, and application.
· Based on Application, the market is segmented into Cardiology, Oncology, Neurology, Orthopedics, Gastroenterology, Gynecology, and Others (Urology, Pulmonology, etc.), The Gastroenterology segment dominates the UAE Diagnostic Imaging Equipment Market
· Based on End-User, the market is segmented into Hospitals, Diagnostic/Imaging Centers, and Others (Specialty Clinics, Ambulatory Surgical Centers, etc.), The Diagnostic Centers segment dominates the UAE Diagnostic Imaging Equipment Market
Key Takeaways
- Study Period: The UAE Diagnostic Imaging Equipment market report historical data – 2019-22, Base year – 2023, and Forecast Period- 2024-30.
- Market Growth: The UAE Diagnostic Imaging Equipment Market is estimated to grow at a CAGR of around 3.5% during the forecast period, i.e., 2024-30.
- Growth Driver: The UAE Diagnostic Imaging Equipment market expands with Increasing Prevalence of cancer and chronic diseases.
- Market Challenge: The UAE Diagnostic Imaging Equipment Market is expected to be hampered by rising regulatory compliance standards in the UAE Medical Devices Market.
- By Application: The Gastroenterology application dominates the market segment due to rising instances of abdominal & gall bladder diseases like stones, celiac disease, irritable bowel syndrome, etc.
- By End User: The Diagnostic Centers segment dominates the UAE Diagnostic Imaging Equipment market because these centers specialize in a variety of imaging services, including X-rays, CT scans, MRIs, and ultrasound.
Major Market Players and Recent Updates: Strengthening the Industry Growth
Highlighting the recent update that demonstrates the further growth and market expansion:
- GE Healthcare in 2024 launched around 19 new & innovative artificial intelligence and machine learning systems and devices to integrate advancement in the product portfolio of diagnostics and treatment in the UAE market.
Additionally, to strengthen their market position, certain market players such as
GE Healthcare, Fujifilm Holdings Corporation, Hitachi Medical Corporation, Hologic, Inc., Koninklijke Philips N.V., Shanghai United Healthcare Co. Ltd., Siemens Healthineers AG, Canon Medical Systems Corporation, Shimadzu Corporation, Medtronic Plc, etc., are operating, not only to raise revenue but also to seek comprehensive attention and popularity from large customers. Therefore, looking forward towards futuristic growth and betterment.
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