Siemens Healthcare GmbH, Koninklijke Philips N.V., and GE Healthcare were dominating the Middle East and Africa MRI Scanner Market in 2021

Middle East and Africa MRI Scanner Market is expected to grow with a CAGR of 2.7% in the forecast period of 2022 to 2029. The years considered for study are as mentioned below.

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Middle East and Africa MRI scanner market is a highly consolidated market, which includes specific number of key players. The market has witnessed increased strategic developments owing to favourable market scenario.

The major players dealing in Middle East and Africa MRI scanner market are introducing strong range of MRI scanner’ products provider along with launching new MRI scanner’ products and adopting strategic initiative such as acquisition, agreement, business expansion, award and recognition into the market. This helped companies to maximize the sales with enhanced product portfolio.

For instance:

  • In December 2019, Siemens Healthcare GmbH announced that they have launched multiple software assistants based on artificial intelligence (AI) which are specially design to free radiologists from the burden of performing routine activities during magnetic resonance imaging (MRI) examinations. After launching such type of innovative software for magnetic resonance imaging (MRI), the company enhanced the credibility of their product portfolio

Siemens Healthcare GmbH, is the dominating player in Middle East and Africa MRI scanner market. The other key players existing in the market are Aspect Imaging, Canon Medical Systems Corporation (a subsidiary of Canon Inc.), GE Healthcare, Hitachi, Ltd., Koninklijke Philips N.V., IMRIS, Aspect Imaging and Elekta AB among others.

Siemens Healthcare GmbH

Siemens Healthcare GmbH headquartered in Erlangen, Germany. Siemens Healthcare GmbH, founded in the year 1896. The company is engaged in manufacturing and commercializing of laboratory diagnostics, medical imaging, digital ecosystem, reading solutions across the world. The company has product categories which are medical imaging, laboratory diagnostics, point of care testing, digital health solutions, services & consulting, clinical specialties, accessories, OEM & electronics & healthcare IT in which Medical Imaging is the market focused categories.

  • In November 2018, Siemens Healthcare GmbH announced that they have expanded their MRI portfolio by the launching of Magnetom Lumina (3 Tesla) and Magnetom Altea (1.5 Tesla). This development has expanded the product portfolio of the company which has helped to generate adequate revenue in the market.

The company has presence across Europe, North America, Asia-Pacific, and others. The company also has various subsidiary companies such as Befund24 GmbH (Germany), Siemens Healthcare Sdn. Bhd. (Malaysia), Siemens Healthcare S.R.l. (Germany), Fast Track Diagnostics Research Limited (Malta), Siemens Healthineers AG, Munich (Germany) among others.

GE Healthcare

The company mainly focuses in the pursuit of precision health along with improved outcomes for healthcare providers and for therapy innovators around the world. The company has wide product categories such as accessories and supplies, advanced visualization, anesthesia delivery, bone and metabolic health, computed tomography, contrast media, diagnostic ECG, edison, EP recording, goldseal - refurbished systems, healthcare IT, hemodynamic recording, interoperability, interventional image guided systems, life sciences, magnetic resonance imaging, mammography, maternal infant care, molecular imaging, nuclear imaging agents, patient monitoring, radiography, fluoroscopy systems, surgical imaging, ultrasound, ventilators in which magnetic resonance Imaging is the market focused category.

For instance,

  • In November 2020, GE Healthcare announced that U.S. FDA 510(k) clearance of SIGNA 7.0T magnetic resonance imaging (MRI) scanner, the world’s most powerful FDA-cleared MRI device available. This has helped the company expand its product portfolio and increase its overall revenue

The company has wide presence across Asia-Pacific, Europe, Middle East and Africa, North America, South America. The company also has various subsidiary companies such as Hyclone Laboratories Inc (U.K.), Dharmacon (U.S.), VersaMed Corporation (U.S.), GE Healthcare IT (U.S.), GE Healthcare’s eMedia Studios and Services (U.S.) among others.

Middle East and Africa MRI Scanner Market

Koninklijke Philips N.V.

Koninklijke Philips N.V. headquartered in Amsterdam, Netherlands. Koninklijke Philips N.V. is founded in the year 1891. The company is engaged in offering diagnostic imaging, patient monitoring, image-guided therapy and health informatics and also solutions in consumer health and home care. The company has various product categories that are for consumer, for professionals (healthcare) in which for professionals (healthcare) is the market focused category.

  • In May 2022, Koninklijke Philips N.V. announced that the company’s MR 7700 3.0T MR System got FDA 510(k) clearance. This has helped the company to expand its product portfolio in the market

The company has presence in Europe, North America, South America, Asia-Pacific, Middle East and Africa. The company also has various subsidiary companies such as Philips GmbH (Germany), Philips Consumer Lifestyle B.V. (The Netherlands), Philips Medical Systems Nederland B.V. (The Netherlands), Philips Ultrasound, Inc. (U.S.), Philips Oral Healthcare, LLC (U.S.) among others.