Middle East: Diagnostic Equipment Market 2025

Diagnostic Equipment Market Size in the Middle East

In 2021, after two years of growth, there was significant decline in the Middle Eastern diagnostic equipment market, when its value decreased by -18.6% to $X. Overall, consumption, however, posted a remarkable increase. As a result, consumption reached the peak level of $X, and then contracted dramatically in the following year.

Diagnostic Equipment Production in the Middle East

In value terms, diagnostic equipment production declined to $X in 2021 estimated in export price. In general, production, however, recorded strong growth. The most prominent rate of growth was recorded in 2020 when the production volume increased by 35% against the previous year. As a result, production reached the peak level of $X, and then reduced in the following year.

Diagnostic Equipment Exports

Exports in the Middle East

Diagnostic equipment exports surged to X units in 2021, jumping by 26% against 2020 figures. The total export volume increased at an average annual rate of +1.4% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, diagnostic equipment exports surged to $X in 2021. The total export value increased at an average annual rate of +2.7% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Israel was the largest exporting country with an export of about X units, which finished at 66% of total exports. Turkey (X units) ranks second in terms of the total exports with a 26% share, followed by the United Arab Emirates (5%).

Israel experienced a relatively flat trend pattern with regard to volume of exports of electro-diagnostic apparatus, and ultra-violet or infra-red ray apparatus. At the same time, Turkey (+14.5%) and the United Arab Emirates (+5.5%) displayed positive paces of growth. Moreover, Turkey emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of +14.5% from 2012-2021. From 2012 to 2021, the share of Turkey increased by +17 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Israel ($X) remains the largest diagnostic equipment supplier in the Middle East, comprising 92% of total exports. The second position in the ranking was held by Turkey ($X), with a 4.1% share of total exports.

In Israel, diagnostic equipment exports expanded at an average annual rate of +2.4% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Turkey (+13.0% per year) and the United Arab Emirates (+7.2% per year).

Export Prices by Country

The export price in the Middle East stood at $X per unit in 2021, with a decrease of -2.4% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.3%. The pace of growth appeared the most rapid in 2016 when the export price increased by 8.2% against the previous year. The level of export peaked at $X per unit in 2020, and then shrank modestly in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Israel ($X per unit), while Turkey ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Israel (+3.4%), while the other leaders experienced mixed trends in the export price figures.

Diagnostic Equipment Imports

Imports in the Middle East

In 2021, purchases abroad of electro-diagnostic apparatus, and ultra-violet or infra-red ray apparatus increased by 5% to X units, rising for the second year in a row after two years of decline. The total import volume increased at an average annual rate of +1.7% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 when imports increased by 15% against the previous year. As a result, imports reached the peak of X units. From 2018 to 2021, the growth of imports failed to regain momentum.

In value terms, diagnostic equipment imports declined to $X in 2021. The total import value increased at an average annual rate of +2.9% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 15% against the previous year. As a result, imports attained the peak of $X, and then contracted in the following year.

Imports by Country

In 2021, Turkey (X units), distantly followed by the United Arab Emirates (X units), Iraq (X units), Iran (X units), Israel (X units) and Qatar (X units) were the key importers of electro-diagnostic apparatus, and ultra-violet or infra-red ray apparatus, together constituting 82% of total imports. Kuwait (X units) and Jordan (X units) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Iraq (with a CAGR of +15.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), Turkey ($X) and Israel ($X) were the countries with the highest levels of imports in 2021, with a combined 44% share of total imports. These countries were followed by Iran, Iraq, Kuwait, Qatar and Jordan, which together accounted for a further 30%.

Iraq, with a CAGR of +11.3%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the Middle East stood at $X per unit in 2021, with a decrease of -11.1% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.1%. The pace of growth appeared the most rapid in 2018 when the import price increased by 20%. Over the period under review, import prices attained the peak figure at $X per unit in 2020, and then dropped in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Israel ($X per unit), while Iraq ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Iran (+8.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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