UAE Magnetic Resonance Imaging Market to grow with a CAGR of 6.71%
Increasing healthcare infrastructure and a supportive regulatory environment are the major drivers for the UAE Magnetic Resonance Imaging Market.
According to TechSci Research report, “UAE
Magnetic Resonance Imaging
Market Industry Size, Share,
Trends, Competition, Opportunity and Forecast, 2018-2028”, UAE Magnetic Resonance Imaging Market
has valued at USD 68.94 million in 2022 and is anticipated to witness an
impressive growth in the forecast period with a CAGR of 6.71% through 2028.
This can be due to collaborations
and partnerships among leading companies with a diverse approach to merge the
expertise of individual companies and to strengthen their position.
The rise in healthcare awareness is a
significant driver of the demand for Magnetic Resonance Imaging (MRI). Increased healthcare awareness
encourages individuals to adopt preventive healthcare practices. Regular health
check-ups, including diagnostic imaging, become part of proactive health
management, leading to a higher demand for advanced diagnostic tools like MRI. Growing
awareness empowers patients to actively participate in their healthcare
decisions. Individuals are more likely to seek comprehensive diagnostic
evaluations, including MRI scans, to gain a better understanding of their
health status and potential risks. Healthcare awareness emphasizes the
importance of early detection of diseases. MRI, with its capability to provide
detailed images, is crucial for the early diagnosis and monitoring of various
medical conditions, contributing to better treatment outcomes.
Public health campaigns and awareness
initiatives often promote health screenings as a means of early disease
detection. The inclusion of MRI in screening programs enhances the detection of
conditions such as cancer, neurological disorders, and cardiovascular diseases.
Increased awareness leads to better education on diagnostic options available
for various medical conditions. Patients and healthcare providers become more
informed about the capabilities of MRI in providing detailed and non-invasive
imaging for accurate diagnoses.
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In April 2022, NMC Royal
Hospital has unveiled Sharjah’s inaugural AI-driven, cutting-edge MRI scanner,
as announced by the healthcare group. This MRI machine, equipped with advanced
technology, delivers high-resolution images and swift results, proving
instrumental in the detection of cancers, assessment of stroke severity, and
diagnosis of heart, lung, liver, and bone diseases. While MRI is a potent
medical tool offering detailed images of various body parts, many patients lack
access to its enhanced care. The newly introduced Siemens Magnetom Vida 3Tesla
MRI scanner, featuring artificial intelligence, prioritizes patient comfort and
satisfaction. Notably, its larger bore size caters to those with
claustrophobia, and AI technology enhances scanning speed, with customizable
ambience inside the bore for optimal patient comfort. This positions it as the
most advanced machine in the Northern Emirates.
Patient
flow and appointment scheduling pose notable challenges in the UAE Magnetic
Resonance Imaging (MRI) market. Efficient management of patient appointments
and streamlined patient flow are crucial for optimizing the utilization of MRI
machines and providing quality healthcare services. High
demand for MRI services may lead to appointment backlogs, causing delays in
patient access to imaging. The time lag between appointment scheduling and the
actual MRI scan can be a source of frustration for patients and may impact
timely diagnosis and treatment. The availability of MRI slots may be limited,
especially in busy healthcare facilities. A shortage of available time slots
for MRI scans can contribute to extended waiting times for patients, affecting
the overall efficiency of the imaging service. Balancing scheduled appointments
with the need to accommodate emergency cases or urgent diagnostic needs can be
challenging. Prioritizing appointments based on medical urgency requires
effective coordination and communication among healthcare providers. Patient
no-shows and last-minute cancellations can disrupt the scheduling process,
leading to underutilization of MRI resources. Implementing strategies to reduce
no-show rates and managing appointment changes is crucial for optimizing
workflow.
UAE Magnetic Resonance
Imaging Market is segmented based on Field Strength, Type, Architecture, Application,
End User, and by region.
Based on the Application,
UAE Magnetic
Resonance Imaging Market is segmented Closed MRI Systems and Open MRI Systems. Open
MRI systems are a variation of traditional magnetic resonance imaging (MRI)
machines designed to provide a more open and less confining experience for
patients. Traditional MRI machines are typically closed or tunnel-like, which
can cause discomfort and anxiety for individuals who are claustrophobic or find
the confined space challenging to tolerate. Open MRI systems address these
concerns by offering a more spacious and accessible design. The defining feature of
an open MRI system is its more open and less enclosed structure compared to
traditional closed-bore MRI machines. This design aims to reduce feelings of
claustrophobia and enhance the comfort of patients during the imaging
procedure. Open MRI systems provide a more comfortable experience for patients,
especially those who may feel anxious or claustrophobic in enclosed spaces. The
open design allows patients to have a more expansive and less restrictive view
during the procedure. Open MRI systems are often preferred for pediatric
imaging, as children may experience anxiety or fear in traditional closed MRI
machines.
Based on Region, Abu Dhabi region held the largest share
in the UAE Magnetic
Resonance Imaging Market.
Abu Dhabi may have research and
education centers focused on healthcare and medical sciences. These centers
often collaborate with healthcare providers, leading to the adoption of
advanced medical technologies for research and clinical purposes. Abu Dhabi's
strategic geographical location and well-developed infrastructure make it a
central hub for various industries, including healthcare. This facilitates the
efficient distribution and accessibility of advanced medical equipment.
Specific government initiatives and policies in Abu Dhabi may encourage the
adoption of advanced medical technologies, promoting the use of MRI in
diagnostic processes.
Some of the major companies operating in
the UAE Magnetic
Resonance Imaging Market include:
- Siemens
Healthineers UAE
- GE
Healthcare FZE
- Philips
Healthcare Middle East
- Canon
Medical System UAE
- Atlas
Medical Group
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“Certain areas,
particularly in Dubai, are projected to exert significant demand for Magnetic
Resonance Imaging. The growth in the competitive landscape and the presence of
well-established companies in the market, committed to enhance the overall
wellbeing of people each year, are expected to contribute to a remarkable
growth of the UAE Magnetic Resonance Imaging Market in the
forecast period," said Mr. Karan Chechi, Research Director with TechSci
Research, a research-based Global management consulting firm.
UAE Magnetic Resonance
Imaging Market by Field Strength (High-Field MRI Systems (1.5t MRI Systems, 3t
MRI Systems), Low-To-Mid-Field MRI Systems (<1.5t), Very-High-Field MRI
Systems 4t and Above)), By Type (Fixed, Mobile), By Architecture (Closed MRI
Systems and Open MRI Systems), By Application (Brain and Neurological,
Oncology, Spine and Musculoskeletal, Abdominal, Cardiac, Others), By End User
(Hospitals, Imaging Centers, Ambulatory Surgical Centers, Others), By Region, By Competition Forecast & Opportunities, 2018-2028F has evaluated the future growth potential of UAE
Magnetic Resonance Imaging Market and provides statistics & information on
market size, structure, and future market growth. The report intends to provide
innovative market intelligence and help decision makers take sound investment
decisions. Besides, the report also identifies and analyzes the emerging trends
along with essential drivers, challenges, and opportunities in UAE Magnetic
Resonance Imaging Market.
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