UAE Nuclear Imaging Equipment Market to Grow With Impressive CAGR until 2027
UAE Nuclear
Imaging Equipment Market is anticipated to grow with increasing investments in
the medical devices productions, in the forecast period, 2023-2027F.
According to TechSci report on, “UAE Nuclear Imaging Equipment Market - By
Region, Competition Forecast & Opportunities, 2027” UAE
nuclear imaging equipment market might register an impressive CAGR during the
forecast period, 2023-2027, to establish growth due to factors like growing
prevalence of cancer and surgical approaches to remove cancer cells. Growing
instances of chronic diseases like cardiovascular diseases, neurological
diseases, cancer, etc. further drives the growth of the UAE nuclear imaging
equipment market in the upcoming five years. Rising applications of nuclear
imaging and radio-imaging for the diagnostic medicine also supports the market
growth. Factors like technological advancement in the equipment, growing
research and innovative product development along with consistent research for
the radio isotopes strengthens the growth of the UAE nuclear imaging equipment
market in the next five years. The recent times are experiencing evolution in
radio-imaging with multi-modality specialty in the imaging systems like PET/CT,
SPECT/CT, PET/MRI, and PET/SPECT/CT that would further add to the demands and
aid the growth of the UAE nuclear imaging equipment market in the future five
years.
The
healthcare industry of the country is well established though the demands for
the medical devices, various pharmaceutical products, etc. are fulfilled
through imports. The government is focused on decreasing the imports by helping
the local market players and local manufacturers. Collaborations and government
aided invites to the global players penetrating the market and along with the
local manufacture could increase the production that would substantiate the growth
of the UAE nuclear imaging equipment market in the forecast years through 2027.
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The
UAE nuclear imaging equipment market is segmented by type, application, end
user, competitional landscape, and regional distribution. Based on type, the
market is further segmented into PET imaging systems and gamma camera imaging
systems. PET imaging systems, or Positron Emission Tomography systems are the
nuclear imaging systems that use small quantity of radio-active isotope which
is injected to the patient and a special camera & detector captures the
image that is later analyzed by the computer. The process can be used to
understand the organ or tissue function. Major advantage of the system is that
it can detect the chronic diseases in their onset stages. Early detection of
diseases aids the demands for successful treatment and therapeutic approaches.
Gamma camera imaging systems are the equipment that create images using gamma
rays emitting radiopharmaceuticals. The camera is specifically designed to only
detect gamma rays being emitted from the radio-particle injected in the
patient.
By
application the market is fragmented into oncology, cardiology, neurology, and
other. Oncology is anticipated to hold the largest revenue shares of the market
and dominate the market segment in the upcoming five years due to rapidly
increasing cancer instances among the population of the country. Surging
demands for early detection and to provide timely and appropriate treatment to
the patient suffering from cancer further aids the growth of the market. Based
on end user, the market is bifurcated into hospitals & clinics, diagnostic
imaging centers, and others.
A
partial list of major market players of the UAE nuclear imaging equipment
market includes
·
GE Healthcare FZE
·
Siemens Healthineers, UAE
·
Philips Healthcare UAE
·
Canon Medical UAE
·
Neusoft Medical Systems UAE
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“Dubai is the new healthcare hub of the middle east region. Higher
imports of the medical devices, and equipment along with the government aided
campaigns to promote self-prescribed diagnostic tests would aid the market
growth in the Emirate. Moreover, the increasing numbers of hospitals and other
healthcare clinics in Dubai would also aid the market growth. With rising
population, growing medical tourism the demands for the nuclear imaging
equipment is anticipated to increase and thus support the market growth. Also,
the disposable income with the population is high. Their tendencies to invest
in healthcare and spend lavishly over the healthcare and patient care services
may substantiate the market growth in Dubai. New market players may flourish
their businesses with the collaboration with global players. Global giants
trying to enter the market may form alliances with the government and the
governmental plans and schemes to promote local manufacturers would also
support the future opportunities,” said Mr. Karan Chechi, Research Director
with TechSci Research, a research based global management consulting firm.
“UAE
Nuclear Imaging Equipment Market By Type (PET Imaging Systems, Gamma Camera
Imaging Systems), By Application (Oncology, Cardiology, Neurology, Others), By
End User (Hospitals & Clinics, Diagnostic Imaging Centers, Others), By
Region, Competition Forecast & Opportunities, 2027” has evaluated the future growth potential of UAE nuclear
imaging equipment market and provides statistics & information on market
size, structure and future market growth. The report intends to provide
cutting-edge market intelligence and help decision makers take sound investment
decisions. Besides, the report also identifies and analyzes the emerging trends
along with essential drivers, challenges, and opportunities in UAE nuclear
imaging equipment market.
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