Middle East & Africa Contrast Enhanced Ultrasound Market Size & Outlook
Middle East & Africa contrast enhanced ultrasound market, 2018-2030 (US$M)
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MEA contrast enhanced ultrasound market highlights
- The MEA contrast enhanced ultrasound market generated a revenue of USD 84.1 million in 2023.
- The market is expected to grow at a CAGR of 4.3% from 2024 to 2030.
- In terms of segment, equipment was the largest revenue generating product in 2023.
- Contrast Agents is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, South Africa is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 84.1 million |
| Market revenue in 2030 | USD 112.8 million |
| Growth rate | 4.3% (CAGR from 2023 to 2030) |
| Largest segment | Equipment |
| Fastest growing segment | Contrast Agents |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Equipment, Contrast Agents |
| Key market players worldwide | Lantheus Holdings Inc, GE Aerospace, Bracco, Siemens Healthineers AG ADR, Koninklijke Philips NV, Canon Inc, Mindray Medical International |
Other key industry trends
- In terms of revenue, MEA region accounted for 3.9% of the global contrast enhanced ultrasound 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 822.7 million by 2030.
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Contrast Enhanced Ultrasound Market Scope
Contrast Enhanced Ultrasound Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa contrast enhanced ultrasound 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 contrast enhanced ultrasound market will help companies and investors design strategic landscapes.
Equipment was the largest segment with a revenue share of 72.41% in 2023. Horizon Databook has segmented the Middle East & Africa contrast enhanced ultrasound market based on equipment, contrast agents covering the revenue growth of each sub-segment from 2018 to 2030.
Higher spending capacity of the Middle Eastern countries such as the United Arab Emirates and Saudi Arabia is creating increased demand for high-end ultrasound devices.
Presently, limited availability of skilled professionals capable of effectively operating high-end ultrasound devices is resulting in a lower market share of the region in the global contrast-enhanced ultrasound market.
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Our clientele includes a mix of contrast enhanced ultrasound market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa contrast enhanced ultrasound market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa contrast enhanced ultrasound market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA contrast enhanced ultrasound market size, by country, 2018-2030 (US$M)
Middle East & Africa Contrast Enhanced Ultrasound Market Outlook Share, 2023 & 2030 (US$M)
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