Report Overview

Middle East and Africa MRI Systems Market – Industry Trends & Forecast Report, 2030

Middle East and Africa MRI Systems Market size by value was estimated at USD 354.14 million in 2023. During the forecast period between 2024 and 2030, Middle East and Africa MRI Systems Market size is expected to expand at a CAGR of 5.24% reaching a value of USD 533.42 million by 2030. Middle East and Africa MRI Systems market is driven by rising chronic diseases, such as cardiovascular, cancer, and neurological disorders, and technological advancements. Companies like Siemens Healthineers are developing next-generation MRI technologies, such as the Magnetom Free.Max MRI system, which improves patient comfort and diagnostic accuracy, attracting healthcare providers and contributing to the expansion of MRI system installations in the region.

By volume, Middle East and Africa MRI Systems Market size was estimated at 768.22 thousand units in 2023. During the forecast period between 2024 and 2030, Middle East and Africa MRI Systems Market size is projected to grow at a CAGR of 5.11% reaching a volume of 843.85 thousand units by 2030. Government initiatives and healthcare infrastructure investments are driving MRI systems Market in countries like Saudi Arabia, UAE, and South Africa. Vision 2030 initiatives and partnerships between international providers and local governments are enhancing healthcare services and expanding diagnostic capabilities.

MRI Systems Market – Overview

MRI systems are radiology techniques used to capture images of patient anatomy and physiological processes, detecting various medical conditions like brain tumors, stroke, and dementia. They are non-invasive diagnostic tests, generating body parts images for better treatment and diagnosis in digital health, continually enhanced with the latest intelligence techniques.

Middle East and Africa MRI Systems Market

Growth Drivers

Growing Geriatric Population

The growing geriatric population is driving the demand for MRI scanners, as they are more susceptible to various diseases such as brain tumors, stroke, and dementia. With one in 10 people aged 65 or older undergoing surgery, MRI scanners are essential for real-time, high-quality disease detection in various surgical procedures, thereby driving market demand.

Challenges

Restricted Accessibility

MRI scanners demand specific infrastructure and facilities for optimal operation, such as dedicated space, shielding, cooling systems, and power supply. Establishing these infrastructure prerequisites can incur high costs and take considerable time, thereby restricting access to MRI scanners in healthcare facilities or regions with limited resources.

Impact of Escalating Geopolitical Tensions on Middle East and Africa MRI Systems Market

Middle East and Africa MRI Systems Market is significantly impacted by escalating geopolitical tensions, such as the Russia-Ukraine war and Israel-Palestine conflict. These intense political tensions among the region’s major contries disrupt supply chains, causing delays in equipment procurement and installation. Economic sanctions limit access to advanced MRI technologies, and political instability reduces investor confidence. These challenges strain existing healthcare systems and highlight the urgent need for reliable diagnostic tools like MRI. International collaborations for humanitarian aid and technology transfers may mitigate some impacts.

Middle East and Africa MRI Systems Market

Middle East and Africa MRI Systems Market – By Architecture

By architecture, Middle East and Africa MRI Systems Market is split into Closed MRI Systems and Open MRI Systems segments. The closed MRI systems segment is a higher contributor to the growth of Middle East and Africa MRI Systems Market. These systems offer high-quality imaging with strong magnet fields and are preferred for their superior resolution in clinical diagnostics. Open MRI Systems, though providing more accessible options for claustrophobic or larger patients, constitute a smaller segment due to their lower magnetic field strength. The dominance of closed MRI systems underscores their widespread use in advanced medical imaging across the region.

Middle East and Africa MRI Systems Market – By Field Strength

By field strength, Middle East and Africa MRI Systems Market is divided into Low Field MRI Systems, High Field MRI Systems, Very High Field MRI Systems, and Ultra-high MRI Systems segments. The high-field MRI systems segment is the largest in Middle East and Africa MRI Systems Market. These systems are favored for their superior image resolution and diagnostic capabilities compared to lower field strengths. They are widely used in healthcare settings across the region for detailed anatomical imaging and disease diagnosis, reflecting strong demand and adoption in medical facilities.

Middle East and Africa MRI Systems Market – By Country

Geographically, Middle East and Africa MRI Systems Market is divided into Saudi Arabia, UAE, Qatar, Kuwait, South Africa, Nigeria, Algeria, and Rest of MEA. Saudi Arabia and UAE typically represent a significant share due to their advanced healthcare infrastructure and high demand for diagnostic imaging. South Africa also holds a prominent share, driven by both public and private healthcare sectors. Each country's market is influenced by factors such as healthcare investment, technological advancements, and the prevalence of chronic diseases necessitating MRI diagnostics.

Competitive Landscape

Key players in the highly competitive Middle East and Africa MRI Systems Market include Esaote SpA, GE Healthcare, FUJIFILM Corporation, Koninklijke Philips NV, Canon Medical Systems Corporation, Fonar Corporation, Siemens Healthineers, Shimadzu Corporations, Neusoft Corporation, and Hologic Inc. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

Recent Developments

• In July 2022 - The International Atomic Energy Agency (IAEA) entered into a partnership with GE Healthcare to train professionals from Africa in medical imaging that will focus on PET-CT and PET-MRI imaging techniques that provide a more accurate diagnosis of diseases, such as cancer under the training program named Rays of Hope.

• In February 2022 - Hamad Medical Corporation (HMC) launched the first Radiopharmaceutical Laboratory in Doha, followed by the commencement of Nuclear Treatment of tumors. The new laboratory, located at HMC's National Center for Cancer Care and Research (NCCCR), provides cancer patients with diagnostic and therapeutic care locally, including various MRI services.

Scope of the Report

By Architecture

• Closed MRI Systems  

• Open MRI Systems

By Field Strength

• Low Field MRI Systems  

• High Field MRI Systems  

• Very High Field MRI Systems

• Ultra-high MRI Systems

By Application

• Oncology  

• Neurology  

• Cardiology  

By End User

• Hospitals

• Diagnostic Imaging Centers

By Country

• Saudi Arabia

• UAE

• Qatar

• Kuwait

• South Africa

• Nigeria

• Algeria

• Rest of MEA

1. Research Framework
   1. Research Objective
   2. Product Overview
   3. Market Segmentation
2. Executive Summary
3.  Middle East and Africa MRI Systems Market Insights
   1. Industry Value Chain Analysis
   2. DROC Analysis
      1. Growth Drivers
         1. Rise in geriatric population
         2. Government initiatives
         3. Growth in technology advancements
         4. Growing chronic diseases
      2. Restraints
         1. High price of MRI systems
         2. Declining sources for helium gas
      3. Opportunities
         1. MRI use for breast cancer evaluation
         2. Growing accidents and injuries
         3. Growth in minimally invasive procedures with MRI
         4. Government initiatives to improve cancer diagnostic facilities
      4. Challenges
         1. Stringent regulations
         2. Limited availability in small hospitals and clinics
   3. Technological Advancements/Recent Developments
   4. Regulatory Framework
   5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
4. Middle East and Africa MRI Systems Market: Marketing Strategies
5. Middle East and Africa MRI Systems Market Overview
   1. Market Size & Forecast, 2019–2030
      1. By Value (USD Million)
   2. Market Share and Forecast
      1. By Architecture
         1. Closed MRI Systems
         2. Open MRI Systems
      2. By Field Strength
         1. Low Field MRI Systems
         2. High Field MRI Systems
         3. Very High Field MRI Systems
         4. Ultra-high MRI Systems
      3. By Application
         1. Oncology
         2. Neurology
         3. Cardiology
         4. Others
      4. By End User
         1. Hospitals
         2. Diagnostic Imaging Centres
         3. Others
      5. By Country
         1. Saudi Arabia
         2. UAE
         3. Qatar
         4. Kuwait
         5. South Africa
         6. Nigeria
         7. Algeria
         8. Rest of MEA
6. Saudi Arabia MRI Systems Market
   1. Market Size & Forecast, 2019-2030
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Architecture
      2. By Field Strength
      3. By Application
      4. By End User
7. UAE MRI Systems Market
   1. Market Size & Forecast, 2019-2030
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Architecture
      2. By Field Strength
      3. By Application
      4. By End User
8. Qatar MRI Systems Market
   1. Market Size & Forecast, 2019-2030
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Architecture
      2. By Field Strength
      3. By Application
      4. By End User
9. Kuwait MRI Systems Market
   1. Market Size & Forecast, 2019-2030
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Architecture
      2. By Field Strength
      3. By Application
      4. By End User
10. South Africa MRI Systems Market
    1. Market Size & Forecast, 2019-2030
       1. By Value (USD Million)
    2. Market Share & Forecast
       1. By Architecture
       2. By Field Strength
       3. By Application
       4. By End User
11. Nigeria MRI Systems Market
    1. Market Size & Forecast, 2019-2030
       1. By Value (USD Million)
    2. Market Share & Forecast
       1. By Architecture
       2. By Field Strength
       3. By Application
       4. By End User
12. Algeria MRI Systems Market
    1. Market Size & Forecast, 2019-2030
       1. By Value (USD Million)
    2. Market Share & Forecast
       1. By Architecture
       2. By Field Strength
       3. By Application
       4. By End User
13. Rest of MEA MRI Systems Market
    1. Market Size & Forecast, 2019-2030
       1. By Value (USD Million)
    2. Market Share & Forecast
       1. By Architecture
       2. By Field Strength
       3. By Application
       4. By End User
14. Competitive Landscape
    1. List of Key Players and Their Offerings
    2. Middle East and Africa MRI Systems Market Share Analysis, 2023
    3. Competitive Benchmarking, By Operating Parameters
    4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
15. Impact of Escalating Geopolitical Tensions on Middle East and Africa MRI Systems Market
16. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
    1. Esaote SpA
    2. GE Healthcare
    3. FUJIFILM Corporation
    4. Koninklijke Philips NV
    5. Canon Medical Systems Corporation
    6. Fonar Corporation
    7. Siemens Healthineers
    8. Shimadzu Corporations
    9. Neusoft Corporation
    10. Hologic Inc
    11. Other Prominent Players
17. Key Strategic Recommendations
18. Research Methodology
    1.  Qualitative Research
       1.  Primary & Secondary Research
    2.  Quantitative Research
    3.  Market Breakdown & Data Triangulation
       1.  Secondary Research
       2.  Primary Research
    4.  Breakdown of Primary Research Respondents, By Country
    5.  Assumptions & Limitations

*Financial information of non-listed companies can be provided as per availability.

**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable

List of Figures

Figure 1       Middle East and Africa MRI Systems Market Size, By Value (USD Million), 2019-2030

Figure 2       Middle East and Africa MRI Systems Market Share, By Architecture, By Value, 2019-2030

Figure 3       Middle East and Africa MRI Systems Market Share, By Field Strength, By Value, 2019-2030

Figure 4       Middle East and Africa MRI Systems Market Share, By Application, By Value, 2019-2030

Figure 5       Middle East and Africa MRI Systems Market Share, By End User, By Value, 2019-2030

Figure 6       Middle East and Africa MRI Systems Market Share, By Country, By Value, 2019-2030

Figure 7       Saudi Arabia MRI Systems Market Size, By Value (USD Million), 2019-2030

Figure 8       Saudi Arabia MRI Systems Market Share, By Architecture, By Value, 2019-2030

Figure 9       Saudi Arabia MRI Systems Market Share, By Field Strength, By Value, 2019-2030

Figure 10     Saudi Arabia MRI Systems Market Share, By Application, By Value, 2019-2030

Figure 11     Saudi Arabia MRI Systems Market Share, By End User, By Value, 2019-2030

Figure 12     UAE MRI Systems Market Size, By Value (USD Million), 2019-2030

Figure 13     UAE MRI Systems Market Share, By Architecture, By Value, 2019-2030

Figure 14     UAE MRI Systems Market Share, By Field Strength, By Value, 2019-2030

Figure 15     UAE MRI Systems Market Share, By Application, By Value, 2019-2030

Figure 16     UAE MRI Systems Market Share, By End User, By Value, 2019-2030

Figure 17     Qatar MRI Systems Market Size, By Value (USD Million), 2019-2030

Figure 18     Qatar MRI Systems Market Share, By Architecture, By Value, 2019-2030

Figure 19     Qatar MRI Systems Market Share, By Field Strength, By Value, 2019-2030

Figure 20     Qatar MRI Systems Market Share, By Application, By Value, 2019-2030

Figure 21     Qatar MRI Systems Market Share, By End User, By Value, 2019-2030

Figure 22     Kuwait MRI Systems Market Size, By Value (USD Million), 2019-2030

Figure 23     Kuwait MRI Systems Market Share, By Architecture, By Value, 2019-2030

Figure 24     Kuwait MRI Systems Market Share, By Field Strength, By Value, 2019-2030

Figure 25     Kuwait MRI Systems Market Share, By Application, By Value, 2019-2030

Figure 26     Kuwait MRI Systems Market Share, By End User, By Value, 2019-2030

Figure 27     South Africa MRI Systems Market Size, By Value (USD Million), 2019-2030

Figure 28     South Africa MRI Systems Market Share, By Architecture, By Value, 2019-2030

Figure 29     South Africa MRI Systems Market Share, By Field Strength, By Value, 2019-2030

Figure 30     South Africa MRI Systems Market Share, By Application, By Value, 2019-2030

Figure 31     South Africa MRI Systems Market Share, By End User, By Value, 2019-2030

Figure 32     Nigeria MRI Systems Market Size, By Value (USD Million), 2019-2030

Figure 33     Nigeria MRI Systems Market Share, By Architecture, By Value, 2019-2030

Figure 34     Nigeria MRI Systems Market Share, By Field Strength, By Value, 2019-2030

Figure 35     Nigeria MRI Systems Market Share, By Application, By Value, 2019-2030

Figure 36     Nigeria MRI Systems Market Share, By End User, By Value, 2019-2030

Figure 37     Algeria MRI Systems Market Size, By Value (USD Million), 2019-2030

Figure 38     Algeria MRI Systems Market Share, By Architecture, By Value, 2019-2030

Figure 39     Algeria MRI Systems Market Share, By Field Strength, By Value, 2019-2030

Figure 40     Algeria MRI Systems Market Share, By Application, By Value, 2019-2030

Figure 41     Algeria MRI Systems Market Share, By End User, By Value, 2019-2030

Figure 42     Rest of MEA MRI Systems Market Size, By Value (USD Million), 2019-2030

Figure 43     Rest of MEA MRI Systems Market Share, By Architecture, By Value, 2019-2030

Figure 44     Rest of MEA MRI Systems Market Share, By Field Strength, By Value, 2019-2030

Figure 45     Rest of MEA MRI Systems Market Share, By Application, By Value, 2019-2030

Figure 46     Rest of MEA MRI Systems Market Share, By End User, By Value, 2019-2030

List of Tables

Table 1 Middle East and Africa MRI Systems Market Size, By Value (USD Million), 2019-2030                            

Table 2 Middle East and Africa MRI Systems Market Size, By Architecture, By Value, 2019-2030                            

Table 3 Middle East and Africa MRI Systems Market Size, By Field Strength, By Value, 2019-2030                    

Table 4        Middle East and Africa MRI Systems Market Size, By Application, By Value, 2019-2030                    

Table 5 Middle East and Africa MRI Systems Market Size, By End User, By Value, 2019-2030                            

Table 6        Middle East and Africa MRI Systems Market Size, By Country, By Value, 2019-2030                            

Table 7        Saudi Arabia MRI Systems Market Size, By Value (USD Million), 2019-2030                     

Table 8 Saudi Arabia MRI Systems Market Size, By Architecture, By Value, 2019-2030                        

Table 9 Saudi Arabia MRI Systems Market Size, By Field Strength, By Value, 2019-2030                     

Table 10      Saudi Arabia MRI Systems Market Size, By Application, By Value, 2019-2030                   

Table 11      Saudi Arabia MRI Systems Market Size, By End User, By Value, 2019-2030                      

Table 12      UAE MRI Systems Market Size, By Value (USD Million), 2019-2030                          

Table 13      UAE MRI Systems Market Size, By Architecture, By Value, 2019-2030                      

Table 14      UAE MRI Systems Market Size, By Field Strength, By Value, 2019-2030                           

Table 15      UAE MRI Systems Market Size, By Application, By Value, 2019-2030                        

Table 16      UAE MRI Systems Market Size, By End User, By Value, 2019-2030                          

Table 17      Qatar MRI Systems Market Size, By Value (USD Million), 2019-2030                        

Table 18      Qatar MRI Systems Market Size, By Architecture, By Value, 2019-2030                    

Table 19      Qatar MRI Systems Market Size, By Field Strength, By Value, 2019-2030                         

Table 20      Qatar MRI Systems Market Size, By Application, By Value, 2019-2030                     

Table 21      Qatar MRI Systems Market Size, By End User, By Value, 2019-2030                        

Table 22      Kuwait MRI Systems Market Size, By Value (USD Million), 2019-2030                      

Table 23      Kuwait MRI Systems Market Size, By Architecture, By Value, 2019-2030                          

Table 24      Kuwait MRI Systems Market Size, By Field Strength, By Value, 2019-2030                       

Table 25      Kuwait MRI Systems Market Size, By Application, By Value, 2019-2030                    

Table 26      Kuwait MRI Systems Market Size, By End User, By Value, 2019-2030                      

Table 27      South Africa MRI Systems Market Size, By Value (USD Million), 2019-2030                      

Table 28      South Africa MRI Systems Market Size, By Architecture, By Value, 2019-2030                   

Table 29      South Africa MRI Systems Market Size, By Field Strength, By Value, 2019-2030                            

Table 30      South Africa MRI Systems Market Size, By Application, By Value, 2019-2030                    

Table 31      South Africa MRI Systems Market Size, By End User, By Value, 2019-2030                      

Table 32      Nigeria MRI Systems Market Size, By Value (USD Million), 2019-2030                      

Table 33      Nigeria MRI Systems Market Size, By Architecture, By Value, 2019-2030                         

Table 34      Nigeria MRI Systems Market Size, By Field Strength, By Value, 2019-2030                       

Table 35      Nigeria MRI Systems Market Size, By Application, By Value, 2019-2030                    

Table 36      Nigeria MRI Systems Market Size, By End User, By Value, 2019-2030                      

Table 37      Algeria MRI Systems Market Size, By Value (USD Million), 2019-2030                      

Table 38      Algeria MRI Systems Market Size, By Architecture, By Value, 2019-2030                          

Table 39      Algeria MRI Systems Market Size, By Field Strength, By Value, 2019-2030                       

Table 40      Algeria MRI Systems Market Size, By Application, By Value, 2019-2030                    

Table 41      Algeria MRI Systems Market Size, By End User, By Value, 2019-2030                      

Table 42      Rest of MEA MRI Systems Market Size, By Value (USD Million), 2019-2030                      

Table 43      Rest of MEA MRI Systems Market Size, By Architecture, By Value, 2019-2030                   

Table 44      Rest of MEA MRI Systems Market Size, By Field Strength, By Value, 2019-2030                       

Table 45      Rest of MEA MRI Systems Market Size, By Application, By Value, 2019-2030                    

Table 46      Rest of MEA MRI Systems Market Size, By End User, By Value, 2019-2030                       

Table 47      Esaote SpA Company Overview

Table 48      Esaote SpA Financial Overview

Table 49      GE Healthcare Company Overview

Table 50      GE Healthcare Financial Overview

Table 51      FUJIFILM Corporation Company Overview

Table 52      FUJIFILM Corporation Financial Overview

Table 53      Koninklijke Philips NV Company Overview

Table 54      Koninklijke Philips NV Financial Overview

Table 55      Canon Medical Systems Corporation Company Overview

Table 56      Canon Medical Systems Corporation Financial Overview

Table 57      Fonar Corporation Company Overview

Table 58      Fonar Corporation Financial Overview

Table 59      Siemens Healthineers Company Overview

Table 60      Siemens Healthineers Financial Overview

Table 61      Shimadzu Corporations Company Overview

Table 62      Shimadzu Corporations Financial Overview

Table 63      Neusoft Corporation Company Overview

Table 64      Neusoft Corporation Financial Overview

Table 65      Hologic Inc Company Overview

Table 66      Hologic Inc Financial Overview