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GCC Medical Imaging Equipment Market Outlook (2021-2031)

Report Code :  BMIPUB00031662
No. of Pages :  150
Published Month :  Jun 2025
Category :  Life Sciences
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The GCC medical imaging equipment market size is expected to reach US$ 741.8 million by 2031 from US$ 640.8 million in 2024. The market is estimated to record a CAGR of 2.1% from 2025 to 2031.

Executive Summary and GCC Medical Imaging Equipment Market Analysis:

The medical imaging equipment market in the Gulf Cooperation Council (GCC) region-which includes Saudi Arabia, the United Arab Emirates (UAE), Qatar, Kuwait, Bahrain, and Oman-is experiencing steady growth. This is largely fuelled by ongoing healthcare transformation initiatives, a high burden of non-communicable diseases, and increasing investment in both public and private healthcare sectors.

GCC Medical Imaging Equipment Market Segmentation Analysis:

Key segments that contributed to the derivation of the medical imaging equipment market analysis are product type, application, and end user.

  • By product type, the medical imaging equipment market is segmented into Magnetic Resonance Imaging Systems, Ultrasound, Computed Tomography Devices, X-Ray Imaging Devices and Nuclear Imaging Systems. The Computed Tomography segment dominated the market in 2024.
  • In terms of applications, the market is segmented into Cardiology, Oncology, Neurology, Orthopedics, Gastroenterology, Gynecology, Urology, and Other Applications. The oncology segment held the largest share of the market in 2024.
  • By end user, the market is segmented into Hospitals, Specialty Clinics, Diagnostics Imaging Centers, Academic & Research Institutes and Others. The hospitals segment held the largest share of the market in 2024. 

GCC Medical Imaging Equipment Market Outlook

Countries in the Gulf Cooperation Council are experiencing growth in their medical imaging equipment markets. This is due to the ongoing modernization of the healthcare system, a high burden of non-communicable diseases, and increased investments in both public and private health care. GCC medical imaging is fuelled by active government spending on healthcare infrastructure as part of national plans such as Saudi Vision 2030 and the UAE National Health Strategy. The growing incidence of lifestyle diseases such as diabetes, obesity, cardiovascular disease, and cancer is translating into heightened demand for early diagnosis and sophisticated imaging services.

Moreover, the growing number of private hospitals and diagnostic centers, combined with a tech-savvy customer base welcoming innovation, is speeding up the embracement of digital imaging, Al-based diagnostics, and mobile imaging solutions.

In spite of robust investment, the market is hindered by high capital expenditure of sophisticated imaging machines such as MRI, PET-CT, and hybrid modalities. The region depends heavily on imported equipment which is susceptible to supply chain break and exchange rate fluctuations. The country also relies heavily on foreign healthcare professionals including Radiologists and trained technologists, which raises sustainability questions and workforce planning. There is also an unequal distribution of services, with high-level technologies concentrated in urban centres while rural and poor areas are less serviced. The GCC is emerging as an early adopter of Al-powered imaging, particularly in Saudi Arabia and the UAE where smart hospitals and digital health solutions are being established. Demand for PACS (Picture Archiving and Communication Systems), cloud-based imaging platforms, and remote radiology services is increasing. Momentum is growing for point-of-care ultrasound, mobile X-ray units, and hybrid solutions and they are becoming more accepted in-home care and emergency situations.

GCC Medical Imaging Equipment Market Country Insights

Based on country, the GCC medical imaging equipment market is further segmented into the Saudi Arabia, the United Arab Emirates (UAE), Qatar, Kuwait, Bahrain, and Oman. The Saudi Arabia held the largest share in 2024.

Saudi Arabia dominates the GCC market for medical imaging, with high investments in both public and private healthcare systems. The nation has upgraded its healthcare system, with MRI, CT, PET/CT, and digital radiography commonly used in urban hospitals, specialized centers, and diagnostic clinics.

Government initiatives such as Vision 2030 and country wide public health programs are accelerating the healthcare industry, enhancing diagnostic services and the availability of state-of-the-art imaging technology. Artificial intelligences and could-based server are becoming popular, especially for radiology. This has also increased the demand for such services in this region.

Major contenders like GE Healthcare, Philips, and Siemens dominate this market driven by continuous demand for high-end imaging systems, an ageing population, a growing burden of chronic disease, and a growing focus on early disease detection. Challenges include geographic access issues in regions, particularly rural areas, and budgetary limitations related to economic diversification.

GCC Medical Imaging Equipment Market Company Profiles

GE HealthCare, Siemens Healthineers AG, FUJIFILM Holdings Corporation, CANON MEDICAL SYSTEMS CORPORATION, Koninklijke Philips N.V., and Shimadzu Corporation are among the key players operating in the market. These players adopt strategies such as expansion, product innovation, and mergers and acquisitions to stay competitive in the market and offer innovative products to their consumers.

GCC Medical Imaging Equipment Market Research Methodology:

The following methodology has been followed for the collection and analysis of data presented in this report:

  • Secondary Research

The research process begins with comprehensive secondary research, utilizing both internal and external sources to gather qualitative and quantitative data for each market. Commonly referenced secondary research sources include, but are not limited to:

  • Company websites, annual reports, financial statements, broker analyses, and investor presentations
  • Industry trade journals and other relevant publications
  • Government documents, statistical databases, and market reports
  • News articles, press releases, and webcasts specific to companies operating in the market

Note: All financial data included in the Company Profiles section has been standardized to US$. For companies reporting in other currencies, figures have been converted to US$ using the relevant exchange rates for the corresponding year.

  • Primary Research

The Insight Partners conducts a significant number of primary interviews each year with industry stakeholders and experts to validate and analyze the data and gain valuable insights. These research interviews are designed to:

  • Refine findings from secondary research
  • Enhance the expertise and market understanding of the analysis team
  • Gain insights into market size, trends, growth patterns, competitive dynamics, and future prospects

Primary research is conducted via email interactions and telephone interviews with industry experts across various markets, categories, segments, and sub-segments in different regions. Participants typically include:

  • Industry stakeholders: Vice Presidents, business development managers, market intelligence managers, and national sales managers
  • External experts: Valuation specialists, research analysts, and key opinion leaders with industry-specific expertise

Key Sources Referred:

  • The World Bank World Development Indicators
  • World Health Organization (WHO)
  • Global Cancer Observatory
  • Medicines and Healthcare Products Regulatory Agency (MHRA)
  • American Cancer Society
  • European Society of Cardiology
  • American College of Cardiology Foundation
  • Company website
  • Accompany annual reports
  • Company investor presentations
  • GE HealthCare 
  • Siemens Healthineers AG 
  • FUJIFILM Holdings Corporation 
  • CANON MEDICAL SYSTEMS CORPORATION 
  • Koninklijke Philips N.V. 
  • Shimadzu Corporation 
  • Hologic, Inc. 
  • Shenzhen Mindray Bio-Medical Electronics Co., Ltd.