South Africa Diagnostic Imaging Equipment Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 6.40 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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South Africa Diagnostic Imaging Equipment Market Analysis
The key factors propelling the South African diagnostic imaging equipment market are the rising burden of chronic diseases in the country and technological advancements in diagnostic imaging. The burden of chronic diseases has been increasing steadily in South Africa. Imaging tests using radiography, ultrasounds, fluoroscopy, and nuclear medicine create visual representations of a body's internal organs, to help better study and understand chronic diseases.
Technological advancements in medical imaging are increasing in the market studied. New imaging techniques that reveal greater anatomical details are available in most of the diagnostic labs and hospitals. Companies, like Aidoc and Nvidia, enable their developers to apply a wide range of AI-powered applications in the existing medical imaging equipment. Therefore, technological advancements can help increase applications involving diagnostic medical imaging.
South Africa Diagnostic Imaging Equipment Market Trends
This section covers the major market trends shaping the South Africa Diagnostic Imaging Equipment Market according to our research experts:
Oncology is One of the Fastest Growing Segments During the Forecast Period
- The use of imaging is highly prevalent in the diagnosis of cancer. It is used to find or detect tumors and other abnormalities, determine the extent of disease, and evaluate the effectiveness of treatment. Imaging may also be used while conducting biopsies and other surgical procedures.
- In South Africa, the use of imaging techniques to detect cancer and use imaging during treatment is expected to increase, due to the expected increasing incidence of cancer in the country. As per 2018 statistics by the International Agency for Research on Cancer, the number of cases of cancer is expected to increase from approximately 107,000 to more than 140,000, by 2030. This factor is expected to positively impact market growth in the region.
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South Africa Diagnostic Imaging Equipment Industry Overview
The leading vendors in the market are launching advanced diagnostic imaging equipment. These companies have also been involved in the acquisition of related healthcare companies, in order to improve their product portfolio, geographical presence, and growth. By incorporating acquired technologies, the companies are driving product innovation.
South Africa Diagnostic Imaging Equipment Market Leaders
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GE Healthcare
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Carestream Health Inc.
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Hitachi Medical Corporation
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Siemens Healthineers AG
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Koninklijke Philips NV
*Disclaimer: Major Players sorted in no particular order
South Africa Diagnostic Imaging Equipment Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Deliverables
- 1.2 Study Assumptions
- 1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
- 4.1 Market Overview
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4.2 Market Drivers
- 4.2.1 Rising Burden of the Chronic Diseases in the Country
- 4.2.2 Technological Advancements
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4.3 Market Restraints
- 4.3.1 High Costs Associated with the Devices
- 4.3.2 Concerns of People Regarding the Side Effects of Emitting Radiations
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4.4 Porter's Five Forces Analysis
- 4.4.1 Threat of New Entrants
- 4.4.2 Bargaining Power of Buyers/Consumers
- 4.4.3 Bargaining Power of Suppliers
- 4.4.4 Threat of Substitute Products
- 4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
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5.1 By Modality
- 5.1.1 MRI
- 5.1.2 Computed Tomography
- 5.1.3 Ultrasound
- 5.1.4 X-Ray
- 5.1.5 Nuclear Imaging
- 5.1.6 Fluoroscopy
- 5.1.7 Mammography
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5.2 By Application
- 5.2.1 Cardiology
- 5.2.2 Oncology
- 5.2.3 Neurology
- 5.2.4 Orthopedics
- 5.2.5 Gastroenterology
- 5.2.6 Gynecology
- 5.2.7 Other Applications
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5.3 By End User
- 5.3.1 Hospital
- 5.3.2 Diagnostic Centers
- 5.3.3 Other End Users
6. COMPETITIVE LANDSCAPE
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6.1 Company Profiles
- 6.1.1 Canon Inc.
- 6.1.2 Carestream Health Inc.
- 6.1.3 Esaote SpA
- 6.1.4 Fujifilm Holdings
- 6.1.5 GE Healthcare
- 6.1.6 Hitachi Medical Corporation
- 6.1.7 Hologic Inc.
- 6.1.8 Koninklijke Philips NV
- 6.1.9 Samsung Medison
- 6.1.10 Siemens Healthineers AG
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
South Africa Diagnostic Imaging Equipment Industry Segmentation
Diagnostic imaging captures images of the internal structure of the human body, using electromagnetic radiation for an accurate diagnosis. There are various types of medical imaging, the most common ones being CT scanners and MRI systems. Applications of such devices include prevention, diagnosis, and treatment of various diseases and conditions. The increasing focus on the development of nuclear imaging devices is expected to boost the market studied.
| By Modality | MRI |
| Computed Tomography | |
| Ultrasound | |
| X-Ray | |
| Nuclear Imaging | |
| Fluoroscopy | |
| Mammography | |
| By Application | Cardiology |
| Oncology | |
| Neurology | |
| Orthopedics | |
| Gastroenterology | |
| Gynecology | |
| Other Applications | |
| By End User | Hospital |
| Diagnostic Centers | |
| Other End Users |
South Africa Diagnostic Imaging Equipment Market Research FAQs
What is the current South Africa Diagnostic Imaging Equipment Market size?
The South Africa Diagnostic Imaging Equipment Market is projected to register a CAGR of 6.40% during the forecast period (2024-2029)
Who are the key players in South Africa Diagnostic Imaging Equipment Market?
GE Healthcare, Carestream Health Inc., Hitachi Medical Corporation, Siemens Healthineers AG and Koninklijke Philips NV are the major companies operating in the South Africa Diagnostic Imaging Equipment Market.
What years does this South Africa Diagnostic Imaging Equipment Market cover?
The report covers the South Africa Diagnostic Imaging Equipment Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the South Africa Diagnostic Imaging Equipment Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
South Africa Diagnostics Imaging Equipment Industry Report
Statistics for the 2024 South Africa Diagnostics Imaging Equipment market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. South Africa Diagnostics Imaging Equipment analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
