- Published 2024
- No of Pages: 200
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Middle East Ultrasound Device Market Research Report, Analysis and Forecast
Middle East Ultrasound Device Market Synopsis
The demand for ultrasound devices in the Middle East has been on the rise in recent years due to several factors. Firstly, the increasing prevalence of chronic diseases, such as cardiovascular disease, cancer, and diabetes, in the region has led to a growing need for early diagnosis and treatment. Ultrasound devices play a crucial role in the early detection and diagnosis of these conditions, making them highly sought-after in the Middle Eastern healthcare market.
Secondly, the advancements in ultrasound technology have greatly improved the accuracy and speed of imaging results, making it an increasingly popular choice for medical professionals in the region. The introduction of innovative features, such as 3D and 4D imaging, has also expanded the diagnostic capabilities of ultrasound devices, further increasing their demand in the Middle East.
Thirdly, the increasing number of diagnostic and therapeutic centres in the region has created a higher demand for ultrasound devices. The devices are widely used in various medical specialities, including radiology, gynaecology, cardiology, urology, surgery, and point of care, further increasing their demand in the region.
According to the World Health Organization, the number of radiology centres in the Middle East is projected to grow by 12.5% annually through 2021.
Lastly, the Middle Eastern governments have been investing heavily in the healthcare sector, with several initiatives aimed at improving healthcare facilities and services. These initiatives have encouraged the adoption of advanced medical technologies, including ultrasound devices, in the region.
In conclusion, the increasing prevalence of chronic diseases, advancements in ultrasound technology, the growing number of diagnostic centres, and government support are driving the demand for ultrasound devices in the Middle East. These factors are expected to continue contributing to the growth of the ultrasound device market in the region in the coming years.
Middle East Ultrasound Device Market: Overview
Ultrasound devices are medical devices that use high-frequency sound waves to create images of internal organs and tissues. Ultrasound devices are classified into two main categories: diagnostic and therapeutic.
- Diagnostic ultrasound devices are used to visualize the internal structure of the body and to help diagnose various medical conditions. These devices are commonly used in radiology, gynaecology, cardiology, urology, and surgery.
- Therapeutic ultrasound devices are used to treat a wide range of medical conditions, such as physical therapy, pain management, wound healing, and cancer treatment.
- Point-of-care ultrasound devices are handheld, portable devices that are used by healthcare professionals to obtain real-time images of the internal structures of the body. These devices are particularly useful in emergency and critical care situations where quick and accurate imaging is required.
- Urological ultrasound devices are used to visualize the urinary tract and male reproductive organs. These devices are used to diagnose various urological conditions such as prostate problems, kidney stones, and bladder problems.
- Surgical ultrasound devices are used during various surgical procedures to provide real-time images of the internal structures of the body. These devices help the surgeon visualize the internal organs and tissues and to perform the surgery with greater precision and accuracy.
In conclusion, ultrasound devices have a wide range of applications in various medical specialities and are used for both diagnostic and therapeutic purposes. They play a crucial role in improving patient care and outcomes.
Additionally, ultrasound devices can be classified based on their application, such as point-of-care ultrasound, radiology, gynaecology, cardiology, urology, and surgery. Point-of-care ultrasound devices are compact and portable, and they can be used for quick and efficient diagnoses in emergency and remote settings.
Saudi Arabia Ultrasound Device Market Synopsis
The Saudi Arabia ultrasound device market is growing rapidly due to the increasing demand for medical imaging technology in the country. The rising prevalence of chronic diseases, such as cardiovascular diseases, cancer, and diabetes, has led to an increased demand for ultrasound devices in the country. Additionally, the government’s focus on improving healthcare infrastructure and providing quality healthcare services has also contributed to the growth of the market. Furthermore, technological advancements in ultrasound devices have enabled better diagnosis and treatment of various medical conditions. This has further driven the growth of the market in Saudi Arabia.
UAE Ultrasound Device Market Synopsis
The UAE ultrasound device market is growing rapidly due to the increasing demand for medical imaging technology in the region. The UAE has a large population and a high rate of healthcare expenditure, which has led to an increased demand for advanced medical imaging technologies such as ultrasound devices. The UAE government has also been investing heavily in healthcare infrastructure, which has further boosted the demand for ultrasound devices. Additionally, the presence of several leading international players in the region has also contributed to the growth of the market.
Middle East Ultrasound Device Market: Segmentation
The middle east Ultrasound Device market has been segmented into Products, Portability and applications.
Based on the product, the middle east Ultrasound Device market is segmented into Compact and Table-top. Â In 2021, table-top held a significant revenue share. Table-top ultrasound equipment is more affordable than compact systems, making it more accessible to smaller medical facilities. Additionally, they are more versatile and offer a wider range of functions than compact systems, which makes them more attractive to hospitals and clinics. As a result, the table-top segment has seen a higher rate of adoption in recent years. This increased the demand for table-top ultrasound devices and allowed smaller medical facilities to purchase advanced medical equipment.
Based on Portability, the market is classified as Handheld, and Cart/Trolley. In 2021, the segment is expected to account for a significant share of carts/trolleys. This is because they provide a comfortable and secure platform for imaging. In addition, they reduce the need to move the patient, thus reducing the risk of further injury or discomfort. In addition, ultrasound carts & trolleys have a range of features that help improve patient outcomes, such as adjustable height and ergonomic design. Moreover, the advanced technology incorporated into these carts & trolleys also makes them an attractive option for clinical settings, as they facilitate efficient, accurate, and safe imaging.
Based on the Applications, the middle east Ultrasound Device market is segmented into radiology, gynaecology, cardiology, point of care, urology, surgery, and others. In 2021, radiology held a significant revenue share. Radiology is an efficient diagnostic tool used by physicians to diagnose and treat diseases. This has helped to drive up the revenue of the radiology industry as more and more people turn to radiology for diagnosis. As such, radiology is set to be a lucrative industry moving forward, with many physicians relying on its diagnostic capabilities to provide accurate diagnoses and successful treatments. For instance, the use of advanced radiology techniques such as MRI and CT scans has been instrumental in providing accurate diagnoses for many diseases. These diseases include cancer, heart disease, and neurological disorders.
Recent Developments
- In April 2022, the company announced the launch of its new ultrasound device, the SonixTouch, in the Middle East. This device is designed to provide enhanced functionality and accuracy when performing ultrasound examinations. Additionally, the company has also announced the completion of its merger with a leading Middle Eastern medical device manufacturer, allowing the company to expand its reach and product offerings in the region. The company has also unveiled a new line of advanced ultrasound device products to meet the needs of the local market. These products are expected to be available in the near future.
- In May 2021, Phillips announced the completion of its merger with Star X Technologies, a leading manufacturer of ultrasound technology. This merger will allow the company to expand its portfolio of ultrasound devices, and to offer an even more comprehensive range of products for both healthcare professionals and patients.
- In February 2021, the company launched a new ultrasound device in the Middle East, called the AccuTouch X10. This device is designed to provide high-resolution imaging, with advanced functionality and advanced connectivity.
In 2022, there were several acquisitions in the Middle East Ultrasound Device company space.
- In January 2022, Biosense Technologies, a Dubai-based medical device company, acquired the UAE division of Mindray, a Chinese medical device giant. The acquisition was part of Biosense’s plan to expand its presence in the Middle East and North Africa region.
- In February 2022, Saudi Arabia-based healthcare company Zain Medical acquired the ultrasound division of US-based company GE Healthcare. The acquisition was part of a strategic move to expand Zain’s presence in the region.
- In March 2022, Masdar Medical Group, a UAE-based provider of medical services, acquired Kenda, an Israeli ultrasound device manufacturer. The acquisition was part of Masdar’s plans to expand its ultrasound device portfolio.
- In April 2022, the Kuwait Investment Authority (KIA) acquired a stake in Düsseldorf-based ultrasound device manufacturer Siemens Healthineers. The acquisition was part of KIA’s move to diversify its portfolio and invest in healthcare technology.
The Middle East Ultrasound Device Market is segmented as follows:
By Product
- Compact
- Table-top
By Portability
- Handheld
- Cart/Trolley
By Application
- Radiology
- Gynaecology
- Cardiology
- Point of Care
- Urology
- Surgery
- Others
By Region
- The Middle East
- Saudi Arabia
- UAE
- Qatar
- Kuwait
- Oman
- Rest of the Middle East
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“Every Organization is different and so are their requirements”- Datavagyanik