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(MoneyNewsWire.Net, February 26, 2018 ) According to the report Middle East and Africa Nuclear Imaging Market, published by Market Data Forecast, The Market was worth $0.69 billion in 2016 and estimated to be growing at a CAGR of 7.83%, to reach $1.01 billion by 2021.
Nuclear imaging market is showing strong growth predominantly in the cardiac sector, amid the growing attention towards cardiac disease deterrence and treatment.
Nuclear imaging is generally utilized for cardiovascular and oncology applications. This technology allows doctors to formulate the appropriate alignment of radiation beams for the treatment of disease with sound accuracy. For instance, positron emission tomography (PET) imaging allows doctors to recognize chemical and physiologic variations in targeted tissues.
Browse market data tables and in-depth TOC of the Middle East and Africa Nuclear Imaging Market to 2021 @ http://www.marketdataforecast.com/market-reports/middle-east-and-africa-nuclear-imaging-market-1628/
The growth of the Middle East and Africa Nuclear Imaging Market is mainly driven by factors such as an increasing utilization of SPECT and PET examination in radiopharmaceuticals, rise in cognizance for prompt diagnosis, increasing frequency of cardiac diseases, and improving healthcare infrastructure in this region. However, factors such as costly procedures & equipment, shortage of supplies, and logistical difficulties are hindering the growth of the market in this region.
Middle East and Africa Nuclear Imaging Market: Segmentation
Diagnostic Technologies
PET Radioisotopes
SPECT Radioisotopes
Application
PET
SPECT
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The market has been geographically segmented into Middle East and Africa. In terms of market share, South Africa leads the market in this region. Other significant markets in this region include UAE, Israel and Nigeria. The huge rise in spending in the healthcare division in this region has increased the demand for Nuclear Imaging devices, thereby providing lucrative growth prospects for the Nuclear Imaging device manufacturers.
Companies are showing a strong interest in enhancing image quality by developing new technologies and creating new devices or novel techniques to achieve images with higher spatial resolution. The major companies dominating the Nuclear Imaging market in this region are Mallinckrodt plc, Siemens Medical Solutions, Hitachi Medical Corporation, Medtronic Inc., General Electric Co. (healthcare division), IBA Group, Positron Corporation, Philips Medical Systems, Naviscan, Toshiba Medical Systems Corporation, Carestream Health, Lantheus Medical Imaging Inc., Cardinal Health Inc., and Bayer AG.
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