Middle East & Africa Mri Motion Tracking Systems Market Size & Outlook
Middle East & Africa mri motion tracking systems market, 2018-2030 (US$M)
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MEA mri motion tracking systems market highlights
- The MEA mri motion tracking systems market generated a revenue of USD 0.4 million in 2023.
- The market is expected to grow at a CAGR of 19.5% from 2024 to 2030.
- In terms of segment, optical tracking system was the largest revenue generating type in 2023.
- Software 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 0.4 million |
| Market revenue in 2030 | USD 1.2 million |
| Growth rate | 19.5% (CAGR from 2023 to 2030) |
| Largest segment | Optical tracking system |
| Fastest growing segment | Software |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Software, Optical Tracking System |
| Key market players worldwide | TracInnovations, Kineticor, Theia, NewMarket Corp, Metria Innovation, Kinetic Development Group Ltd |
Other key industry trends
- In terms of revenue, MEA region accounted for 12.2% of the global mri motion tracking systems market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Europe is the fastest growing regional market and is projected to reach USD 2.6 million by 2030.
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MRI Motion Tracking Systems Market Scope
MRI Motion Tracking Systems Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa mri motion tracking systems 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 mri motion tracking systems market will help companies and investors design strategic landscapes.
Optical tracking system was the largest segment with a revenue share of 75% in 2023. Horizon Databook has segmented the Middle East & Africa mri motion tracking systems market based on software, optical tracking system covering the revenue growth of each sub-segment from 2018 to 2030.
MRI technology has profoundly transformed current healthcare and research systems globally. The rapidly growing burden of no communicable diseases has underscored the importance of improving access to diagnostic equipment within the region. Scarcity of capital, lack of skilled radiologists, poor electricity, and poor technological infrastructure are responsible for effective utilization of MRI, which limits the adoption of newer techniques in the region. However, gradual penetration of MRI manufacturers to bring better health services into the region will slowly boost market growth in the coming years.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa mri motion tracking systems market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa mri motion tracking systems market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA mri motion tracking systems market size, by country, 2018-2030 (US$M)
Middle East & Africa MRI Motion Tracking Systems Market Outlook Share, 2023 & 2030 (US$M)
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