Middle East & Africa Artificial Intelligence In Diagnostics Market Size & Outlook
Middle East & Africa artificial intelligence in diagnostics market, 2018-2030 (US$M)
Related Markets
MEA artificial intelligence in diagnostics market highlights
- The MEA artificial intelligence in diagnostics market generated a revenue of USD 22.9 million in 2023.
- The market is expected to grow at a CAGR of 25.7% from 2024 to 2030.
- In terms of segment, software was the largest revenue generating component in 2023.
- Services is the most lucrative component segment registering the fastest growth during the forecast period.
- Country-wise, Saudi Arabia is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 22.9 million |
| Market revenue in 2030 | USD 113.9 million |
| Growth rate | 25.7% (CAGR from 2023 to 2030) |
| Largest segment | Software |
| Fastest growing segment | Services |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Software, Hardware, Services |
| Key market players worldwide | Siemens Healthineers AG ADR, Nano X Imaging Ltd Ordinary Shares, GE HealthCare Technologies Inc Common Stock, AliveCor, Riverain Technologies, Aidoc, NeuraSignal, Imagen Technologies, Digital Diagnostics, Vuno |
Other key industry trends
- In terms of revenue, MEA region accounted for 2.0% of the global artificial intelligence in diagnostics market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,351.1 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Artificial Intelligence In Diagnostics Market Scope
Artificial Intelligence In Diagnostics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa artificial intelligence in diagnostics market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to artificial intelligence in diagnostics market will help companies and investors design strategic landscapes.
Software was the largest segment with a revenue share of 48.47% in 2023. Horizon Databook has segmented the Middle East & Africa artificial intelligence in diagnostics market based on software, hardware, services covering the revenue growth of each sub-segment from 2018 to 2030.
Increasing chronic ailments, such as respiratory disorders & heart diseases, and growing geriatric population are expected to boost the demand for advanced healthcare facilities. The incidence of chronic disorders, such as obesity, cardiovascular diseases, and diabetes, is increasing rapidly, owing to various factors such as sedentary lifestyle, hypertension, poor eating habits, physical inactivity, & lack of sleep.
Rapid advancements in digital technology owing to partnerships between the government, industry players, and other investors in the healthcare ecosystem are boosting the market in the MEA. For instance, Nigeria developed a system called Apmis, which permits healthcare records to be distributed and exchanged by healthcare professionals, hospital owners, patients, & caregivers.
It enables transparent, easy, protected, and low-cost data-sharing. Moreover, ongoing COVID-19 pandemic, as well as increase in number of mergers & acquisitions, investments, and partnerships, is further boosting the overall market.
Reasons to subscribe to Middle East & Africa artificial intelligence in diagnostics market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Middle East & Africa artificial intelligence in diagnostics market databook
-
Our clientele includes a mix of artificial intelligence in diagnostics market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa artificial intelligence in diagnostics market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa artificial intelligence in diagnostics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
MEA artificial intelligence in diagnostics market size, by country, 2018-2030 (US$M)
Middle East & Africa Artificial Intelligence In Diagnostics Market Outlook Share, 2023 & 2030 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
