Egypt Diagnostic Imaging Market to be dominated by the Cardiology and Oncology Segment Through 2028
Increasing the rising population and rising demand for
bio-based Diagnostic Imaging is driving the growth of the Egypt Diagnostic
Imaging market in the forecast period, 2024-2028.
According to the TechSci
Research report, “Egypt Diagnostic Imaging
Market- By Region, Competition, Opportunity, and
Forecast, 2028F”. Egypt Diagnostic Imaging
market is projected to increase at an impressive rate in the forecast period
2024-2028. The factors responsible for the growth of the market are increased
adoption of advanced technologies like 3D medical and dental ultrasound imaging
in medical imaging, increased adoption of new technologies in medical imaging,
chronic diseases, and a rise in the geriatric population. Further, the growing
population along with the rising demand of early diagnosis is fueling the
growth of Egypt Diagnostic Imaging Market.
One of the primary
restraining factors of diagnostic imaging market in Egypt is the lack of
infrastructure and equipment along with the high cost of diagnostic imaging
services. The majority of hospitals and clinics in Egypt lack modern diagnostic
imaging equipment, which makes it challenging to diagnose and treat patients
effectively. Most of the imaging equipment in Egypt are outdated and not well
maintained, resulting in unreliable results and delays in diagnosis. This lack
of equipment also limits the ability of healthcare providers to offer
specialized imaging services, such as interventional radiology, etc.
However, factors hampering
the overall growth of the Diagnostic Imaging Market are a lack of skilled workforce,
expensive diagnostic imaging facilities, and low awareness among individuals
regarding advanced medical facilities.
Browse over XX market
data Figures spread through XX Pages and an in-depth TOC on the "Egypt Diagnostic Imaging Market.”
The Egypt
Diagnostic Imaging Market is segmented based on type, mobility, source,
application, and end-use.
Based on type,
the market is categorized into X-Ray Imaging Solutions, Ultrasound Systems, MRI
Systems, CT Scanners, Nuclear Imaging Solutions, Mammography, and others. The Ultrasound
Systems category is expected to increase at a high CAGR in the Egypt Diagnostic
Imaging market. This is due to the rising number of ultrasound applications.
Further, rising demand for portable ultrasounds is anticipated to dominate the
growth of the market during the forecast period.
Based on mobility,
the market is categorized into Portable and Standalone. The portable segment is
expected to drive the growth of the market throughout the forecast period, 2024-2028.
The factor contributing to the growth of the segment is the number of benefits
of portable machines such as mobility and portability, control of infection,
high safety measures along with quality images, and cost-effectiveness.
Further, the standalone segment is expected to support the growth of the market
during the forecast period.
Based on source,
the market is divided into Domestic and Import. The domestic segment is
expected to hold the largest market share in the forecast period, 2024-2028, owing
to cost-effective solutions and low expenses on import duty. Furthermore,
domestic diagnostic imaging solutions are manufactured as per countries’
regulatory policies and norms, which in turn supports the demand for domestic
solutions in the Egypt Diagnostic Imaging market.
Major
companies operating in the Egypt Diagnostic Imaging Market are:
- Nile Medical Group
- MetaMed
- Siemens Healthineers
Egypt
- FUJIFILM Healthcare
Middle East S.A.E.
- Allengers Group of
Companies
- Philips Healthcare
Egypt
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Based on application, the market is
categorized into Cardiology, Oncology, Neurology, Orthopedics, Gastroenterology,
Gynecology, and others. The oncology segment is expected to dominate the growth
of the Diagnostic Imaging market in Egypt. The factors attributing to the growth
of the market are the increasing prevalence of cancer among the population and
the demand for tumor diagnosis due to rising awareness. Furthermore, advance
technologies and favorable reimbursement policies are supporting the growth of
the market.” said Mr. Karan Chechi,
Research Director with TechSci Research, a research-based global management
consulting firm.
Egypt Diagnostic Imaging
Market By Type (X-Ray Imaging
Solutions, Ultrasound Systems, MRI Systems, CT Scanners, Nuclear Imaging
Solutions, Mammography, and others), By
Mobility (Portable and Standalone), By Source (Domestic and Import), By Application
(Cardiology, Oncology, Neurology, Orthopedics, Gastroenterology, Gynecology,
and others), By End Users (Hospitals & Clinics, Diagnostic Centers,
Ambulatory Care Centers, and others), By Region, Competition, Opportunity, and Forecast,
2028F
has evaluated the future growth potential of Egypt Diagnostic Imaging 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 the Egypt Diagnostic Imaging Market.”
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