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Diagnostic Imaging Devices - Niger

Niger
  • The market for Diagnostic Imaging Devices market in Niger is predicted to achieve a revenue of US$7.76m in 2024.
  • This number is expected to grow steadily at a compound annual growth rate (CAGR 2024-2029) of 7.74%, resulting in a market volume of US$11.27m by 2029.
  • When compared globally, the United States is projected to generate the highest revenue in this market, with an estimated value of US$11.93bn in 2024.
  • Despite limited resources, the demand for diagnostic imaging devices in Niger is steadily increasing due to the growing awareness of the importance of early disease detection.

Definition:
The market covers diagnostic imaging devices such as X-ray systems, ultrasound systems, computed tomography scanners, Magnetic resonance imaging (MRT) systems, and related components.

Additional information:
Market values represent revenues paid to primary vendors at manufacturer price level either directly or through distribution channels (excluding VAT). Reported market revenues include spending by consumers (B2C), enterprises (B2B) as well as governments (B2G). Revenues are allocated to the country where the money is spent.

Company examples: Siemens Healthineers, General Electric, Philips, Fujifilm Holdings. Further information on the key players can be found in the Market Shares boxes.

In-Scope

  • X-ray systems
  • Computed tomography (CT) scanners
  • Magnetic resonance imaging (MRT) systems
  • Positron emission tomography (PET) scanners

Out-Of-Scope

  • Non-imaging diagnostics
  • In vitro diagnostics (IVD)
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Medical Devices: market data & analysis

Study Details

    Revenue

    Notes: Data shown is using current exchange rates and reflects market impacts of the Russia-Ukraine war.

    Most recent update: Aug 2024

    Source: Statista Market Insights

    Notes: The chart “Comparable Estimates” shows the forecasted development of the selected market from different sources. Please see the additional information for methodology and publication date.

    Most recent update: Mar 2024

    Key Players

    Most recent update: Mar 2024

    Source: Statista Market Insights

    Analyst Opinion

    The Diagnostic Imaging Devices market in Niger is experiencing steady growth due to increasing customer preferences for advanced medical imaging technologies, such as MRI and CT scans.

    Customer preferences:
    Customers in Niger are increasingly opting for advanced diagnostic imaging devices to improve the accuracy and efficiency of medical diagnoses. This preference can be attributed to the growing awareness among healthcare professionals and patients about the benefits of early detection and accurate diagnosis. Additionally, the demand for non-invasive imaging techniques is rising, as they offer a safer and more comfortable alternative to traditional diagnostic methods.

    Trends in the market:
    One of the key trends in the Diagnostic Imaging Devices market in Niger is the adoption of portable and handheld devices. These compact devices are particularly useful in rural areas where access to healthcare facilities is limited. They enable healthcare professionals to provide on-site diagnostic services, resulting in faster and more convenient patient care. Another trend in the market is the integration of artificial intelligence (AI) technology in diagnostic imaging devices. AI algorithms can analyze medical images and assist healthcare professionals in detecting abnormalities and making accurate diagnoses. This trend is expected to enhance the efficiency and accuracy of diagnostic imaging in Niger.

    Local special circumstances:
    Niger faces unique challenges in the healthcare sector, including limited access to medical facilities in rural areas and a shortage of qualified healthcare professionals. These circumstances have led to an increased reliance on diagnostic imaging devices to bridge the gap in healthcare services. Additionally, the government of Niger has been actively investing in healthcare infrastructure and technology, which has further contributed to the growth of the Diagnostic Imaging Devices market in the country.

    Underlying macroeconomic factors:
    The steady growth of the Diagnostic Imaging Devices market in Niger can be attributed to several macroeconomic factors. The country's population is growing, leading to an increased demand for healthcare services. Additionally, the rising prevalence of chronic diseases, such as cardiovascular diseases and cancer, has created a need for advanced diagnostic imaging devices. Moreover, Niger's improving economic conditions and increasing healthcare expenditure have facilitated the adoption of advanced medical technologies in the country. These factors, combined with the government's focus on improving healthcare infrastructure, have created a favorable environment for the growth of the Diagnostic Imaging Devices market in Niger.

    Global Comparison

    Most recent update: Aug 2024

    Source: Statista Market Insights

    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.

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    Medical Devices: market data & analysis - BackgroundMedical Devices: market data & analysis - Cover

    Key Market Indicators

    Notes: Based on data from IMF, World Bank, UN and Eurostat

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Explore more high-quality data on related topic

    Medical technology industry - statistics & facts

    Medical technology plays a role in the lives of everyone. It includes most of all, medical devices which simplify the prevention, diagnosis, and treatment of diseases and illnesses. The most well-known medical technology products are, among others, pacemakers, imaging instruments, dialysis machines, and implants. The global medical technology industry was worth over 567 billion U.S. dollars annually. Established centers of this industry include North America and Western Europe. The United States is home to the world’s largest medical technology companies. As of 2022, Abbott Laboratories had the largest global revenue at over 31.2 billion U.S. dollars. The main focus of devices manufactured by the Chicago-based company are diagnostics, cardiovascular, and diabetes care. Two other medtech companies that round off the top three largest companies –Medtronic and Johnson & Johnson – are both based in the United States. Although, industry trends show that Asia, and in particular China, is about to play a more prominent role in the years to come.
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