Middle East & Africa Precision Medical Imaging Market Outlook, By Revenues (1/4) Figure Figure 1: 1: Middle Middle East East & & Africa Africa Precision Precision Medical Medical Imaging Imaging Market Market Revenues Revenues (USD (USD Million), Million), 20152015- 2025F 2025F
2015
2016
2017
Revenue: XX%
CAGR
CAGR
Revenue: XX%
2018
2019
2020E
2021F
2022F
2023F
2024F
2025F
Source: MarkNtel Advisors
• The Middle East & Africa precision medical imaging market is snowballing on account of personalization in therapeutic and diagnostic imaging on patient care approaches. Furthermore, increasing prevalence of non-communicable diseases including chronic respiratory disorder, cardiovascular diseases, diabetes and cancer due to consuming unhealthy food and adopting sedentary lifestyles is further surging demand for precision medical imaging in the region. For instance, one in five deaths is occurred due to cardiovascular diseases in the UAE. Moreover, the development of a healthcare system under UAE vision 2021 coupled with a rising number of hospitals is further expected to add to the growing demand for precision medical imaging market during the forecast period. In September 2018, the healthcare sector received USD1.20 billion from the federal budget, which is further expected to contribute to the growing market. Similarly, the Government of Saudi Arabia, Qatar, Bahrain, Kuwait, Egypt and South Africa allocated around USD53 billion, USD6.9 billion.. Copyright 2019. Reproduction is forbidden unless authorized. All rights reserved.
15
