Middle East and Africa Advanced Visualization Market - Size
Base Year For Estimation
2023
Forecast Data Period
2024-2030
Historical Data Period
2018-2021
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
Advanced visualisation systems are medical instruments that are equipped with advanced software that displays the numerous aspects of a living cell efficiently. These systems decrease the turnaround time taken by clinicians to report the result to the patient. These systems are widely utilised in pathological laboratories for various clinical applications.
The Middle East & Africa Advanced Visualization Market Segments Size & Growth:
The Middle East & Africa Advanced visualization market size is projected to reach approximately $0.39 billion by the end of 2024 with a CAGR of close to 10.3% from $0.25 billion in 2017 during the forecast timeline 2018-2024. Key parameters promoting the market growth include increasing Awareness of Benefits Offered by AV Tools in Disease Diagnosis, need for Efficient and Early Diagnosis of Disease, Rising Prevalence of Target Diseases Coupled with Growing Geriatric Population, Technological Advancements in the Field of AV Technology Leading to Improved Data Interpretation, and Advancements in AV Software Such as Integration of Pacs & AV Tools. However, Technological Limitations Associated with Existing AV Analysis, and Limited Availability of Reimbursements for Radiology-Based Diagnostic Procedures are thereby hampering the market growth.
Middle East & Africa Advanced Visualization Market Segments Share:
Middle East & Africa Advanced visualization market is categorized on the basis of product and service into hardware and software; implantation service, post-scale and maintenance services, and others. It is segmented, based on the solution, into enterprise-wide thin client-based solution and standalone workstation-based solution. Among
Middle East and Africa Advanced Visualization Market - Growth
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
them, enterprise-wide thin client-based solutions are expected to account for the largest share of the market due to offered benefits such as enhanced data storage capacity, data transfer capabilities, multi-user interface, streamlined analysis, and centralized post-processing solutions. Also, the market is segmented on the basis of imaging type into magnetic resonance imaging, computed tomography, ultrasound, radiotherapy, nuclear medicine, and others. Among them, the magnetic resonance imaging segment is expected to command the largest share of the market due to the growing application of MRI in several clinical areas such as oncology, radiology, and cardiology is driving the number of MRI imaging procedures. By application, it is segmented into radiology/interventional radiology, cardiology, orthopedics, oncology, gastroenterology, neurology, and others. Based on the end user, it is segmented into the hospital, diagnostic and imaging center, and others. On the basis of Geography, Africa is projected to dominate the market with the largest share and the growth in the Middle East & Africa economies is mainly attributed because of technological advancements, increasing healthcare expenditure, growing geriatric population, improved healthcare infrastructure and growing prevalence of chronic diseases.
Middle East & Africa Advanced Visualization Market Trends:
- Siemens Healthineers employees Dr. Klaus Engel and Dr. Robert Schneider have been nominated for the German Future Prize along with Professor Dr. Franz Fellner, head of the Central Radiology Institute at Kepler University Hospital in Linz, Austria, and extraordinary professor at the Friedrich-Alexander University Erlangen-Nuremberg, for
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Middle East and Africa Advanced Visualization Market - Porter's Five Force Analysis
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
the development of the visualization technology Cinematic Rendering. They are one of three research teams in contention for the award. The prize, awarded by the President of Germany, is one of the country’s highest distinctions for technology and innovation. Cinematic Rendering technology, developed by the two visualization experts and their clinical partner, generates photorealistic three-dimensional representations of the human body from the output of CT and MRI scans. Using the radiological diagnostic software applications Syngo.via and Syngo.via Frontier, the technique enables previously unseen levels of clarity.
TeraRecon and Vizua Announced an Innovative Approach to Medical Imaging Holography at RSNA 2016.
The Middle East & Africa Advanced Visualization Market Research Report:
An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
To have complete market analysis, industry value chain analysis, Porter’s Five Force Analysis, PESTLE, SWOT analysis, and Y-o-Y analysis were carried to understand the market more comprehensively.
Regional diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year
Identifying DROC in the current market and their impact in altering the market dynamics.
Competitive landscape analysis to identify the mergers and acquisitions which will have a comparative financial study with significant competitors.
Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
The primary market players, such as
- General Electric Company
- Siemens AG
- Koninklijke Philips N.V.
- Toshiba Corporation
- Terarecon, Inc.
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