Description

Market dynamics: Middle East and Africa Optical Imaging Market

Middle East and Africa optical imaging market is mainly driven by the increase in prevalence of diseases such as cancer and diabetic retinopathy. In addition growing awareness on early diagnosis of diseases due to the initiatives by the government and non-profit organizations such as World Health Organization (WHO) coupled with company interest in expanding into the emerging markets of Middle East and Africa. However, lack high-cost maintenance and installation costs are expected to hamper the market

 

Middle East and Africa Optical Imaging Market Outline:

Optical Imaging refers to the use of light as an imaging technique for medical applications. These optical techniques include optical microscopy, spectroscopy, endoscopy, scanning laser ophthalmoscopy, and optical coherence tomography. Optical imaging is an emerging technology with great potential for improving disease prevention, diagnosis and treatment. Furthermore, optical imaging has its application in the preclinical and clinical development of the pharmaceutical and biopharmaceutical products.

 

 

Market Scope: Middle East and Africa Optical Imaging Market

Middle East and Africa Optical Imaging market is segmented based on technology, application and end user

Based on technology

  • Photoacoustic Imaging
  • Optical Coherence Tomography (OCT)
  • Hyperspectral Imaging
  • Near Infrared Spectroscopy
  • Others

Based on application

  • Dermatology
  • Ophthalmology
  • Dentistry
  • Neurology
  • Cardiology
  • Oncology
  • Others

Based on end user

  • Hospitals
  • Research Laboratories
  • Medical Imaging Centres
  • Others

Based on country

  • Gulf Cooperation Council (GCC) Countries
  • Israel
  • South Africa
  • Rest of MEA

 

Regional Analysis: Middle East and Africa Optical Imaging Market

Geographically market is divided into Gulf Cooperation Council (GCC) Countries, Israel, South Africa, and Rest of MEA. Gulf Cooperation council countries optical imaging market expected to have significant growth rate owing to the technological advancements and company interest in expanding its distribution into the countries. For instance, in July 2016, SpectraScience has made a deal with Kuwait’s Advanced Medical German Co. to distribute its product line including WavSTAT Optical Biopsy System for screening of colorectal cancer. South Africa optical imaging market is expected to have notable growth rate owing to prevalence of the diseases such as cancer and developing healthcare infrastructure and availability of high patient pool. According to Center for disease prevention and Controll (CDC), every year more than 100000 people diagnosed with cancer in South Africa alone and breast cancer is the majorly affecting cancer in woman world wide.

 

Competition Assessment: Middle East and Africa Optical Imaging Market Leaders

Key player’s of the report include:

  • Carl Zeiss AG (Germany)
  • Bioptigen Inc. (U.S.)
  • SpectraScience Inc. (U.S.)
  • Cytoviva Inc. (Aetos Technologies Inc.) (U.S.)
  • Optical Imaging Ltd. (Israel)
  • Michelson Diagnostics Ltd. (U.K.)
  • PerkinElmer Inc. (U.S.)
  • Nikon Corporation (Japan)
  • Raytheon ELCAN Optical Technologies (The Raytheon Company) (U.S.)
  • Jude Medical Inc. (U.S.)
  • Somanetics Corporation (U.S.)
  • Volcano Corporation (Volcano Corporation) (Netherlands)
  • Topcon Medical Systems Inc. (Topcon Corporation) (Japan)

 

Key Features of the Report:

  • The report provides granular level information about the market size, regional market share, historic market (2015-2019) and forecast (2020-2026)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies and regulatory framework
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market


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