Middle East & Africa Mri Ferromagnetic Detection System Market Size & Outlook
The mri ferromagnetic detection system market in Middle East & Africa is expected to reach a projected revenue of US$ 43.5 million by 2030. A compound annual growth rate of 15% is expected of Middle East & Africa mri ferromagnetic detection system market from 2024 to 2030.
Revenue, 2023 (US$M)
$16.4
Forecast, 2030 (US$M)
$43.5
CAGR, 2024 - 2030
15%
Report Coverage
Middle East & Africa
Middle East & Africa mri ferromagnetic detection system market, 2018-2030 (US$M)
Related Markets
MEA mri ferromagnetic detection system market highlights
- The MEA mri ferromagnetic detection system market generated a revenue of USD 16.4 million in 2023.
- The market is expected to grow at a CAGR of 15% from 2024 to 2030.
- In terms of segment, stationary was the largest revenue generating type in 2023.
- Portable is the most lucrative type 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 16.4 million |
| Market revenue in 2030 | USD 43.5 million |
| Growth rate | 15% (CAGR from 2023 to 2030) |
| Largest segment | Stationary |
| Fastest growing segment | Portable |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Stationary, Portable |
| Key market players worldwide | Fujidenolo, ETS-Lindgren, Fitel Telecomunicazioni, CEIA, Tactical Solutions, Metrasens, Bio-X, Kopp Development |
Other key industry trends
- In terms of revenue, MEA region accounted for 3.3% of the global mri ferromagnetic detection system market in 2023.
- Globally, Asia Pacific 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 414.4 million by 2030.
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MRI Ferromagnetic Detection System Market Scope
Mri ferromagnetic detection system market segmentation & scope
MRI Ferromagnetic Detection System Market Companies
| Name | Profile | # Employees | HQ | Website |
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MEA mri ferromagnetic detection system market size, by country, 2018-2030 (US$M)
Middle East & Africa MRI Ferromagnetic Detection System Market Outlook Share, 2023 & 2030 (US$M)
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