Middle East & Africa Medical Cyclotron Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Type [Ring Cyclotron and Azimuthally Varying Field (AVF)], Capacity (10-12 MeV, 16-18 MeV, 19-24 MeV, and 24 MeV and Above), and End User (Hospitals, Specialized Clinics, Pharmaceutical Companies, and Others)
The medical cyclotron market in Middle East & Africa is expected to grow from US$ 5.97 million in 2022 to US$ 9.24 million by 2028; it is estimated to grow at a CAGR of 7.5% from 2022 to 2028.
The increasing acceptance of medical accelerators for cancer treatment and diagnosis is emerging as a prominent trend in the medical cyclotron market. With the growing awareness related to cancer prevention, the number of radiation scans is also on the rise. The growing demand for nuclear scans boosted the medical cyclotron market growth from 2021 to 2022. The demand for nuclear scans is due to the rising incidences and prevalence of cancer, heart disease, gastrointestinal, endocrine, and neurological disorders. Such diseases are diagnosed in comparatively early stages by using nuclear imaging equipment and other equipment. Strong radio waves are guided into specially shaped metal tubes called resonators in conventional particle accelerators. Further, many resonators have to be connected in series to bring particles to high energy levels, making new accelerators, in many cases, longer in size. As a result of this concern, experts are eagerly working on an alternative, i.e., plasma accelerators. In May 2021, an international research group made significant progress in developing compact plasma accelerators, which is considered a promising technology. Furthermore, with two complementary experiments, the team combined two different plasma technologies for the first time and built a novel hybrid accelerator. The concept can advance accelerator development and, in the long term, become the basis of highly brilliant X-ray sources for research and medicine. With this rising demand, these innovations are likely to make rapid progress in the medical diagnostics industry. Thus, the demand for medical cyclotrons is expected to rise in the coming years.
Middle East & Africa Medical Cyclotron Market Revenue and Forecast to 2028 (US$ Million)
Middle East & Africa Medical Cyclotron Market Segmentation
The Middle East & Africa medical cyclotron market is segmented into type, capacity, end user, and country. Based on type, the market is bifurcated into ring cyclotron and azimuthally varying fields (AVF). The ring cyclotron segment held the larger share of the market in 2022. Based on capacity, the market is segmented into 10-12 MeV, 16-18 MeV, 19-24 MeV, and 24 MeV and above. In 2022, the 16-18 MeV segment held the largest share of the market. Based on end user, the market is categorized into hospitals, specialized clinics, pharmaceutical companies, and others. In 2022, the hospitals segment held the largest share of the market. Based on country, the Middle East & Africa medical cyclotron market is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. Further, South Africa held the largest share of the market in 2022.
A few of the key players operating in the Middle East & Africa medical cyclotron market are Advanced Cyclotron Systems; Best ABT Molecular Imaging, Inc; Best Cyclotron Systems, Inc.; General Electric Company; IBA; Ionetix Corporation; isoSolution Inc.; Siemens AG; and Sumitomo Heavy Industries, Ltd.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 MEA Medical Cyclotron Market – By Type
1.3.2 MEA Medical Cyclotron Market – By Capacity
1.3.3 MEA Medical Cyclotron Market – By End User
1.3.4 MEA Medical Cyclotron Market – By Country
2. MEA Medical Cyclotron Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. MEA Medical Cyclotron Market – Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 MEA – PEST Analysis
4.3 Expert Opinion
5. MEA Medical Cyclotron Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Prevalence of Cancer
5.1.2 Growing Inclination Toward Nuclear Scans for Accurate Diagnosis
5.2 Market Restraints
5.2.1 High Cost of Procedures and Lack of Expertise
5.3 Future Trends
5.3.1 Rising Availability of Technologically Advanced Diagnostic Devices
5.4 Market Opportunities
5.4.1 Rise in Acceptance for Particle Accelerators
5.5 Impact Analysis
6. Medical Cyclotron Market – MEA Analysis
6.1 MEA Medical Cyclotron Market Revenue Forecast and Analysis
7. MEA Medical Cyclotron Market– By Type
7.1 Overview
7.2 MEA Medical Cyclotron Market Share, by Type, 2022 and 2028 (%)
7.3 Ring Cyclotron
7.3.1 Overview
7.3.2 Ring Cyclotron: MEA Medical Cyclotron Market– Revenue and Forecast to 2028 (USD Million)
7.4 Azimuthally Varying Field (AVF)
7.4.1 Overview
7.4.2 Azimuthally Varying Field (AVF): MEA Medical Cyclotron Market– Revenue and Forecast to 2028 (USD Million)
8. MEA Medical Cyclotron Market– By Capacity
8.1 Overview
8.2 MEA Medical Cyclotron Market Share, by Capacity, 2022 and 2028 (%)
8.3-12 MeV
8.3.1 Overview
8.3.2-12 MeV: MEA Medical Cyclotron Market– Revenue and Forecast to 2028 (USD Million)
8.4-18 MeV
8.4.1 Overview
8.4.2-18 MeV: MEA Medical Cyclotron Market– Revenue and Forecast to 2028 (USD Million)
8.5-24 MeV
8.5.1 Overview
8.5.2-24 MeV: MEA Medical Cyclotron Market– Revenue and Forecast to 2028 (USD Million)
8.6 MeV and Above
8.6.1 Overview
8.6.2 MeV and Above: MEA Medical Cyclotron Market– Revenue and Forecast to 2028 (USD Million)
9. MEA Medical Cyclotron Market– By End User
9.1 Overview
9.2 MEA Medical Cyclotron Market Share, by End User, 2022 and 2028 (%)
9.3 Hospitals
9.3.1 Overview
9.3.2 Hospitals: MEA Medical Cyclotron Market– Revenue and Forecast to 2028 (USD Million)
9.4 Specialized Clinics
9.4.1 Overview
9.4.2 Specialized Clinics: MEA Medical Cyclotron Market– Revenue and Forecast to 2028 (USD Million)
9.5 Pharmaceutical Companies
9.5.1 Overview
9.5.2 Pharmaceutical Companies: MEA Medical Cyclotron Market– Revenue and Forecast to 2028 (USD Million)
9.6 Others
9.6.1 Overview
9.6.2 Others: MEA Medical Cyclotron Market– Revenue and Forecast to 2028 (USD Million)
10. MEA Medical Cyclotron Market– Country Analysis
10.1 MEA: Medical Cyclotron Market
10.1.1 Overview
10.1.2 MEA: Medical Cyclotron Market, by Country, 2022 & 2028 (%)
10.1.3 Saudi Arabia: Medical Cyclotron Market – Revenue and Forecast to 2028 (USD Million)
10.1.3.1 Saudi Arabia: Medical Cyclotron Market – Revenue and Forecast to 2028 (USD Million)
10.1.3.2 Saudi Arabia Medical Cyclotron Market, by Type, 2022–2028 (USD Million)
10.1.3.3 Saudi Arabia Medical Cyclotron Market, by Capacity, 2022–2028 (USD Million)
10.1.3.4 Saudi Arabia Medical Cyclotron Market, by End User, 2022–2028 (USD Million)
10.1.4 UAE: Medical Cyclotron Market – Revenue and Forecast to 2028 (USD Million)
10.1.4.1 UAE: Medical Cyclotron Market – Revenue and Forecast to 2028 (USD Million)
10.1.4.2 UAE Medical Cyclotron Market, by Type, 2022–2028 (USD Million)
10.1.4.3 UAE Medical Cyclotron Market, by Capacity, 2022–2028 (USD Million)
10.1.4.4 UAE Medical Cyclotron Market, by End User, 2022–2028 (USD Million)
10.1.5 South Africa: Medical Cyclotron Market – Revenue and Forecast to 2028 (USD Million)
10.1.5.1 South Africa: Medical Cyclotron Market – Revenue and Forecast to 2028 (USD Million)
10.1.5.2 South Africa Medical Cyclotron Market, by Type, 2022–2028 (USD Million)
10.1.5.3 South Africa Medical Cyclotron Market, by Capacity, 2022–2028 (USD Million)
10.1.5.4 South Africa Medical Cyclotron Market, by End User, 2022–2028 (USD Million)
10.1.6 Rest of MEA: Medical Cyclotron Market – Revenue and Forecast to 2028 (USD Million)
10.1.6.1 Rest of MEA: Medical Cyclotron Market – Revenue and Forecast to 2028 (USD Million)
10.1.6.2 Rest of MEA Medical Cyclotron Market, by Type, 2022–2028 (USD Million)
10.1.6.3 Rest of MEA Medical Cyclotron Market, by Capacity, 2022–2028 (USD Million)
10.1.6.4 Rest of MEA Medical Cyclotron Market, by End User, 2022–2028 (USD Million)
11. MEA Medical Cyclotron Market –Industry Landscape
11.1 Overview
11.2 Inorganic Growth Strategies
11.2.1 Overview
11.3 Organic Growth Strategies
11.3.1 Overview
12. Company Profiles
12.1 General Electric Company
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Best ABT Molecular Imaging, Inc.
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 IBA
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Sumitomo Heavy Industries, Ltd.
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Siemens AG
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Advanced Cyclotron Systems
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 isoSolution Inc.
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Ionetix Corporation
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Best Cyclotron Systems, Inc.
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
13. Appendix
13.1 Glossary of Terms
LIST OF TABLES
Table 1. MEA Medical Cyclotron Market – Revenue and Forecast to 2028 (US$ Million)
Table 2. Saudi Arabia Medical Cyclotron Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 3. Saudi Arabia Medical Cyclotron Market, by Capacity – Revenue and Forecast to 2028 (USD Million)
Table 4. Saudi Arabia Medical Cyclotron Market, by End User – Revenue and Forecast to 2028(USD Million)
Table 5. UAE Medical Cyclotron Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 6. UAE Medical Cyclotron Market, by Capacity – Revenue and Forecast to 2028 (USD Million)
Table 7. UAE Medical Cyclotron Market, by End User – Revenue and Forecast to 2028(USD Million)
Table 8. South Africa Medical Cyclotron Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 9. South Africa Medical Cyclotron Market, by Capacity – Revenue and Forecast to 2028 (USD Million)
Table 10. South Africa Medical Cyclotron Market, by End User– Revenue and Forecast to 2028(USD Million)
Table 11. Rest of MEA Medical Cyclotron Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 12. Rest of MEA Medical Cyclotron Market, by Capacity – Revenue and Forecast to 2028 (USD Million)
Table 13. Rest of MEA Medical Cyclotron Market, by End User– Revenue and Forecast to 2028 (USD Million)
Table 14. Recent Inorganic Growth Strategies in the MEA Medical Cyclotron Market
Table 15. Recent Organic Growth Strategies in the MEA Medical Cyclotron Market
Table 16. Glossary of Terms, MEA Medical Cyclotron Market
LIST OF FIGURES
Figure 1. MEA Medical Cyclotron Market Segmentation
Figure 2. MEA Medical Cyclotron Market, By Country
Figure 3. MEA Medical Cyclotron Market Overview
Figure 4.-18 MeV Segment Held Largest Share of Capacity Segment In MEA Medical Cyclotron Market
Figure 5. South Africa Is Expected to Show Remarkable Growth During the Forecast Period
Figure 6. MEA Analysis– PEST Analysis
Figure 7. Expert Opinion
Figure 8. MEA Medical Cyclotron Market Impact Analysis of Driver and Restraints
Figure 9. MEA Medical Cyclotron Market – Revenue Forecast And Analysis – 2022- 2028
Figure 10. MEA Medical Cyclotron Market Share, by Type, 2022 and 2028 (%)
Figure 11. Ring Cyclotron: MEA Medical Cyclotron Market– Revenue and Forecast to 2028 (USD Million)
Figure 12. Azimuthally Varying Field (AVF): MEA Medical Cyclotron Market– Revenue and Forecast to 2028 (USD Million)
Figure 13. MEA Medical Cyclotron Market Share, by Capacity, 2022 and 2028 (%)
Figure 14.-12 MeV: MEA Medical Cyclotron Market– Revenue and Forecast to 2028 (USD Million)
Figure 15.-18 MeV: MEA Medical Cyclotron Market– Revenue and Forecast to 2028 (USD Million)
Figure 16.-24 MeV: MEA Medical Cyclotron Market– Revenue and Forecast to 2028 (USD Million)
Figure 17. MeV and Above: MEA Medical Cyclotron Market– Revenue and Forecast to 2028 (USD Million)
Figure 18. MEA Medical Cyclotron Market Share, by End User, 2022 and 2028 (%)
Figure 19. Hospitals: MEA Medical Cyclotron Market– Revenue and Forecast to 2028 (USD Million)
Figure 20. Specialized Clinics: MEA Medical Cyclotron Market– Revenue and Forecast to 2028 (USD Million)
Figure 21. Pharmaceutical Companies: MEA Medical Cyclotron Market– Revenue and Forecast to 2028 (USD Million)
Figure 22. Others: MEA Medical Cyclotron Market– Revenue and Forecast to 2028 (USD Million)
Figure 23. MEA: Medical Cyclotron Market, by Key Country – Revenue (2022) (USD Million)
Figure 24. MEA: Medical Cyclotron Market, by Country, 2022 & 2028 (%)
Figure 25. Saudi Arabia: Medical Cyclotron Market – Revenue and Forecast to 2028 (USD Million)
Figure 26. UAE: Medical Cyclotron Market – Revenue and Forecast to 2028 (USD Million)
Figure 27. South Africa: Medical Cyclotron Market – Revenue and Forecast to 2028 (USD Million)
Figure 28. Rest of MEA: Medical Cyclotron Market – Revenue and Forecast to 2028 (USD Million)
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