The Middle East and Africa C-ARMS market studied were projected to grow with a CAGR of 4.8% over the forecast period. The market is primarily driven by the rising geriatric population and an increase in the burden of chronic diseases. The population of the Middle East is rapidly aging, and since aging is a major risk factor for cancer, the incidence, and prevalence of the disease are increasing among all people in the region. Chronic diseases, such as heart disease, stroke, cancer, diabetes, obesity, and arthritis, are among the most common, expensive, and preventable of all health problems. According to Farah Naja, in the article published in 2019, Middle East suffers from increasing rates of obesity, with eight of its countries rank among the highest worldwide in obesity prevalence among adults aged 18 and above. In this region breast cancer is the most prevalent cancer and the average age of the diagnosis is a decade earlier than the western countries. These factors boost the surgeries demand and also the use of C-arms in healthcare facilities
Key Market Trends
The Mini C-Arm Segment is Expected to Show Better Growth over the Forecast period
With an increasing focus on the portability of C-arms, there is a significant market opportunity for companies producing mini C-arms. Several mini c-arms are designed explicitly for extremity imaging and have a smaller footprint, along with increased mobility compared to the full-size c-arms. Currently available systems in the mini c-arm category vary significantly in size and cost depending upon the functionality offered for the procedures. Manufacturers are differentiating their products on the basis of mobility, the field of view, and by including alternate imaging technologies. The joint ventures are steadily increasing in countries such as South Africa and UAE, which is expected to drive the demand for more mini c-arms imports and installations across the region. Moreover, due to the increasing demand for technological developments in healthcare devices, the segment is expected to grow in the forecast period.
The Middle East and Africa C-ARMS market is a consolidated market, owing to the presence of a few major players in the market. The major market players, such as Canon Medical Systems Corporation, Koninklijke Philips NV, GE Healthcare, and Siemens Healthineers, hold a significant market share in the industry. Most of the market players are focusing on bringing technologically advanced products in the market to acquire the maximum market share.
Reasons to Purchase this report:
- The market estimate (ME) sheet in Excel format
- 3 months of analyst support