Middle East and Africa Nuclear Imaging Industry value worth .01 Bn by 2021
Posted by MDFtrends on October 30th, 2017
According to the report Middle East and Africa Nuclear Imaging Industry, published by Market Data Forecast, The Industry was worth --content--.69 billion in 2016 and estimated to be growing at a CAGR of 7.83%, to reach .01 billion by 2021.
Nuclear imaging Industry is showing strong growth predominantly in the cardiac sector, amid the growing attention towards cardiac disease deterrence and treatment.
Nuclear imaging is generally utilized for cardiovascular and oncology applications. This technology allows doctors to formulate the appropriate alignment of radiation beams for the treatment of disease with sound accuracy. For instance, positron emission tomography (PET) imaging allows doctors to recognize chemical and physiologic variations in targeted tissues.
Browse Market data tables and in-depth TOC of the Middle East and Africa Nuclear Imaging Industry to 2021 @http://www.marketdataforecast.com/market-reports/middle-east-and-africa-nuclear-imaging-market-1628/
The growth of the Middle East and Africa Nuclear Imaging Industry is mainly driven by factors such as an increasing utilization of SPECT and PET examination in radiopharmaceuticals, rise in cognizance for prompt diagnosis, increasing frequency of cardiac diseases, and improving healthcare infrastructure in this region. However, factors such as costly procedures & equipment, shortage of supplies, and logistical difficulties are hindering the growth of the Industry in this region.
The Middle East and Africa Nuclear Imaging Industry is segmented based on Diagnostic Technologies and Application. The Industry for Nuclear Imaging, on the basis of Diagnostic Technologies is segmented into PET Radioisotopes and SPECT Radioisotopes. PET Radioisotopes are further segmented into Rubidium-82, Fluorine-18, whereas SPECT Radioisotopes are further segmented into Thallium-201, Technetium-99m, Xenon-133, and Iodine-123. On the basis of Application, the Nuclear Imaging Industry is segmented into PET and SPECT. PET is further segmented into Cardiology, Oncology, and Neurology, whereas SPECT is segmented into Lymphoma, Neurology, Cardiology, and Thyroid. PET is mainly being utilized in oncology due to superior quality of imaging; Whereas SPECT is used in the cardiology section accounting for almost 80% of the entire cardiology Industry share.
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The Industry has been geographically segmented into Middle East and Africa. In terms of Industry share, South Africa leads the Industry in this region. Other significant Industrys in this region include UAE, Israel and Nigeria. The huge rise in spending in the healthcare division in this region has increased the demand for Nuclear Imaging devices, thereby providing lucrative growth prospects for the Nuclear Imaging device manufacturers.
Companies are showing a strong interest in enhancing image quality by developing new technologies and creating new devices or novel techniques to achieve images with higher spatial resolution. The major companies dominating the Nuclear Imaging Industry in this region are Mallinckrodt plc, Siemens Medical Solutions, Hitachi Medical Corporation, Medtronic Inc., General Electric Co. (healthcare division), IBA Group, Positron Corporation, Philips Medical Systems, Naviscan, Toshiba Medical Systems Corporation, Carestream Health, Lantheus Medical Imaging Inc., Cardinal Health Inc., and Bayer AG.
Key Points from Table of Contents
Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
Middle East and Africa Nuclear Imaging Industry: Segmentation
Industry Leaders' Analysis
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