Market Insights Health Medical Technology Medical Devices

Diagnostic Imaging Devices - Jordan

Jordan

The projected revenue in the Diagnostic Imaging Devices market market in Jordan is expected to reach US$40.33m in 2024.
This indicates a positive growth trend for the market in the country.
Furthermore, it is anticipated that the revenue will continue to grow at an annual growth rate of 4.14% from 2024 to 2029.
By the end of 2029, the market volume is estimated to reach US$49.39m, reflecting the potential for expansion in the sector.
When compared on a global scale, it is worth noting that the United States is projected to generate the highest revenue in the Diagnostic Imaging Devices market market.
In 2024, the United States is expected to generate a substantial revenue of US$11,930.00m.
This showcases the dominance of the United States in this market.
Jordan's growing demand for diagnostic imaging devices is driven by advancements in healthcare infrastructure and a rising prevalence of chronic diseases.

Key regions: Germany, Japan, Netherlands, Spain, United States

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Analyst Opinion

The Diagnostic Imaging Devices market in Jordan has been experiencing steady growth over the past few years. Customer preferences, trends in the market, local special circumstances, and underlying macroeconomic factors have all contributed to this development. Customer preferences in the Diagnostic Imaging Devices market in Jordan have been shaped by several factors. Firstly, there is a growing demand for advanced imaging technologies that provide accurate and detailed diagnostic information. Patients and healthcare professionals alike are increasingly seeking imaging devices that offer high-resolution images and advanced features such as 3D imaging and real-time imaging capabilities. Additionally, there is a preference for portable and compact imaging devices that can be easily transported and used in different healthcare settings. Trends in the market have also played a significant role in the growth of the Diagnostic Imaging Devices market in Jordan. One notable trend is the increasing adoption of digital imaging technologies. Traditional film-based imaging systems are being replaced by digital imaging devices that offer faster image acquisition, enhanced image quality, and easier image storage and sharing. This trend is driven by the need for more efficient and streamlined diagnostic processes, as well as the increasing availability of digital imaging technologies in the market. Another trend in the market is the integration of artificial intelligence (AI) and machine learning (ML) algorithms into diagnostic imaging devices. AI and ML technologies are being used to analyze medical images and assist healthcare professionals in making accurate diagnoses. This trend is driven by the potential to improve diagnostic accuracy and efficiency, as well as the increasing availability of AI and ML technologies in the healthcare industry. Local special circumstances in Jordan have also contributed to the growth of the Diagnostic Imaging Devices market. Jordan has a well-developed healthcare infrastructure and a high demand for advanced medical technologies. The country is also a hub for medical tourism, attracting patients from neighboring countries who seek high-quality healthcare services. These factors have created a favorable market environment for diagnostic imaging devices in Jordan. Underlying macroeconomic factors have also played a role in the development of the Diagnostic Imaging Devices market in Jordan. The country has experienced stable economic growth in recent years, which has led to increased healthcare spending and investment in medical technologies. Additionally, government initiatives to improve healthcare infrastructure and services have further supported the growth of the diagnostic imaging market. In conclusion, the Diagnostic Imaging Devices market in Jordan is developing due to customer preferences for advanced imaging technologies, trends such as the adoption of digital imaging and the integration of AI and ML algorithms, local special circumstances such as a well-developed healthcare infrastructure and medical tourism, and underlying macroeconomic factors including economic growth and government initiatives.

Methodology

Data coverage:

Data encompasses B2B, B2G, and B2C spend. Figures are based on medical devices and IVD revenues allocated to the country where the money is spent at manufacturer price levels excluding VAT.

Modeling approach / Market size:

Modeling employs a top-down approach with a bottom-up validation, using financial information of the key players by market. Market sizes are determined by a top-down approach, based on a specific rationale for each market market and allocated to the covered countries according to the global market shares. As a basis for evaluating markets, we use relevant key market indicators and data from country-specific associations, such as healthcare expenditure per capita, health risk factors, healthcare system, and regulations concerning medical products. Next, we use further relevant key market indicators and data from country-specific associations, such as healthcare expenditure per capita, health risk factors, healthcare payer system, and regulations concerning medical products. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. For example, forecasts are based on historical developments, current trends, and key market indicators.

Additional notes:

Data is modeled in US$ using current exchange rates. The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.