Middle East & Africa Preclinical Imaging Market Size & Outlook
Middle East & Africa preclinical imaging market, 2018-2030 (US$M)
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MEA preclinical imaging market highlights
- The MEA preclinical imaging market generated a revenue of USD 388.6 million in 2023.
- The market is expected to grow at a CAGR of 3.8% from 2024 to 2030.
- In terms of segment, optical was the largest revenue generating product in 2023.
- Multi Modal 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 388.6 million |
| Market revenue in 2030 | USD 504.5 million |
| Growth rate | 3.8% (CAGR from 2023 to 2030) |
| Largest segment | Optical |
| Fastest growing segment | Multi Modal |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | CT, MRI, PET/SPECT, Multi Modal, Optical, Ultrasound, Photoacoustic, Reagents, Services |
| Key market players worldwide | Bruker Corp, Siemens AG, GE Aerospace, PerkinElmer, FUJIFILM Holdings Corp, Agilent Technologies, Rigaku, TriFoil Imaging, Mediso Medical Imaging Systems, MR Solutions |
Other key industry trends
- In terms of revenue, MEA region accounted for 9.0% of the global preclinical imaging market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- North America is the fastest growing regional market and is projected to reach USD 1,822.7 million by 2030.
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Preclinical Imaging Market Scope
Preclinical Imaging Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa preclinical imaging 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 preclinical imaging market will help companies and investors design strategic landscapes.
Optical was the largest segment with a revenue share of 13.1% in 2023. Horizon Databook has segmented the Middle East & Africa preclinical imaging market based on ct, mri, pet/spect, multi modal, optical, ultrasound, photoacoustic, reagents, services covering the revenue growth of each sub-segment from 2018 to 2030.
Major markets in the MEA region are South Africa, Saudi Arabia, the UAE, and Kuwait. Advancements in the healthcare system are expected to increase the demand for MRI systems and other imaging systems in this region. On the contrary, some countries in the African region lack healthcare infrastructure.
However, countries are taking initiatives in coordination with the WHO or other independent organizations, which is expected to propel market growth. The MEA consists of a large Europid population with diseases similar to those in the West, including respiratory diseases, cancer, and cardiovascular diseases.
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Target buyers of Middle East & Africa preclinical imaging market databook
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Our clientele includes a mix of preclinical imaging 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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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 preclinical imaging market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa preclinical imaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA preclinical imaging market size, by country, 2018-2030 (US$M)
Middle East & Africa Preclinical Imaging Market Outlook Share, 2023 & 2030 (US$M)
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