Report

South Africa medical imaging market is projected to witness a CAGR of 1.50% during the forecast period 2024-2031, growing from USD 151.44 million in 2023 to USD 170.60 million in 2031. The favorable regulatory scenario and initiatives by government and private organizations, such as the World Health Organization (WHO) and the United Nations (UN), to raise awareness about early disease diagnosis coupled with advancement in the healthcare infrastructure to drive the growth of South Africa medical imaging market. Moreover, increasing incidences of chronic diseases, such as breast cancer, lung cancer, cardiovascular diseases, etc., in South Africa are driving the demand for x-ray, CT, ultrasound, and fluoroscopy imaging services, as imaging modalities provide accurate diagnosis and management of chronic diseases. Moreover, the continuous improvements in diagnostic imaging are increasing accuracy and ultimately driving market growth.
Medical imaging provides early disease detection, accurate diagnosis, further helping in effective treatment planning. It is also essential to utilize medical imaging to monitor disease progression and assess the effectiveness of treatments, allowing for necessary adjustments to be made. Majorly driving the market are technological advancements in imaging technology, CT or MRI, which increases diagnostic accuracy. AI combined with machine learning improves diagnostic accuracy and promotes workflow efficiency. Furthermore, expansion of the market is largely attributed to a rise in healthcare spending and uptake of imaging technologies across developed- as well as evolving economies. An increase in the availability of these sophisticated imaging systems across different healthcare settings due to high accessibility is also a major driving factor for market growth. For instance, in November 2023, Asia Africa Investment Consulting (Pty) Ltd. (AAIC) provided funding to LifeQ, Inc., a South African biometric data analytics company, through the Africa Innovation & Healthcare Fund (AHF2). AAIC Investment is particularly impressed with LifeQ's innovative approach to transforming the global healthcare market with technology developed in Africa.
Growing Adoption of Novel Technologies, Supported by Strategic Investments
The South Africa medical imaging market is growing at a significant rate, due to the increasing prevalence of chronic diseases and lifestyle-associated disorders. Advanced diagnostic imaging systems, such as magnetic resonance imaging, computed tomography, and multimodal systems, are improving diagnostic precision and treatment planning. Moreover, AI and machine learning integration with imaging platforms further boost diagnostic accuracy by analyzing complex data and detecting subtle abnormalities. Additionally, strategic investments are fostering the growth of local manufacturing and research capabilities, reducing reliance on imported technologies. Financial backing for these advanced systems is improving their availability and accessibility across healthcare facilities. For instance, in May 2024, the Department of Trade, Industry, and Competition (DTIC) signed the Medical Technology Masterplan to drive technological advancement and improve global investments and stakeholder collaborations in South Africa, which will further boost the growth of the healthcare industry in the country.
Growing Prevalence of Chronic Diseases
The rising chronic disease population is one of the primary growth factors for the medical imaging market in South Africa. Moreover, the aging population is more prone to develop chronic diseases, such as cardiovascular conditions, cancer, and diabetes, which require advanced imaging technology to diagnose effectively. Medical imaging is essential for the detection and evaluation of chronic diseases, resulting in increased use of diagnostic tools like MRI, CT scans, or ultrasound systems.
In the past decade, there has been a growing demand for imaging modalities in a country like South Africa, where the burden of chronic diseases on public health is on the higher side. For instance, in South Africa, the most recent epidemic of Mpox highlights medical imaging as a vital tool to manage health crises. Therefore, the South Africa International Health Regulations (IHR) National Focal Point reported 20 confirmed mpox cases with three deaths between May 8 and July 2, resulting in a case fatality ratio (CFR) of 15%. The outbreak is a reminder of the ongoing requirements for improved diagnostics to prevent, respond to, and treat new health emergencies.
Oncology Application Segment to Lead the South Africa Medical Imaging Market By 2031
Government investments in healthcare infrastructure support the adoption of these technologies. In addition, the recovery of the oncology market is fueling demand for state-of-the-art imaging systems in specialized cancer centers. Patient demand for routine imaging is rising due to greater awareness and emphasis on early detection. The growing incidence of cancer among younger populations underscores this need. Childhood cancer continues to be a major health concern in South Africa, with around 1,000 children being diagnosed each year.
For instance, in August 2024, the Cancer Association of South Africa (CANSA) collaborated with Palliative Treatment for Children South Africa (PATCHSA) to increase the reach of more young cancer patients in need. Through its Tough Living with Cancer (TLC) program, CANSA not only provides palliative care management but also offers support in the form of accommodation for parents and guardians of children undergoing cancer treatment, especially those who live far from treatment centers.
Gauteng Dominates the South Africa Medical Imaging Market
Gauteng region of South Africa medical imaging market to generate significant revenue owing to highly developed healthcare infrastructure, rising number of healthcare facilities focusing on adoption of novel and advanced medical imaging modalities, and high investments. The healthcare segment gains from heavy government assistance and investment, leading to the introduction of advanced diagnostic tools that further ensure high standards in medical care. Gauteng's leadership in the global medical arena is bolstered by its determination and commitment to launching innovative projects that improve healthcare services.
For instance, in June 2024, to improve healthcare accessibility in underserved communities, the Member of the Executive Council (MEC) for Health and Wellness in Gauteng, Nomantu Nkomo-Ralehoko, alongside Pristem Global Diagnostics SA, launched the region's first radiology diagnostic center at Maponya Mall. This initiative is designed to provide middle-class township residents with high-quality healthcare services and reduce long queues in the public sector.
Future Market Scenario (2024-2031F)
Deep AI is set to significantly drive South Africa medical imaging market by enhancing diagnostic accuracy and efficiency. AI enables radiologists to better detect abnormalities, as AI algorithms can quickly analyze complex imaging data and highlight important features. This technology improves workflow efficiency and reduces diagnostic errors, aligning with South Africa's focus on advanced healthcare. Moreover, South Africa's investment in AI research and development, along with government initiatives to enhance healthcare technology, provides a favorable environment for integrating AI into medical imaging. For instance, in February 2023, Deep AI's impact is South Africa's Envisionit Deep AI which received USD 1.65 million in funding to expand access to medical imaging. The startup offers a suite of products, including the Radify AI platform, which promises to deliver speedy, accurate, quality, and affordable medical imaging diagnoses. These factors are critical for early disease diagnosis and treatment.
Key Players Landscape and Outlook
The South Africa medical imaging Market is quite competitive with a major number of players at local levels as well. Regulatory approvals of company products, mergers and acquisitions, and collaborations are the most common market strategies that have been observed in recent times.
In March 2024, Agfa-Gevaert Healthcare Group (AGFA), a leading provider of Enterprise Imaging solutions, proudly welcomed AXIM into its Partner Network. This strategic alliance enables AGFA to leverage AXIM's wealth of regional expertise and resources, further establishing the Enterprise Imaging Platform in South Africa. It will allow customers to experience the comprehensive business, clinical, and operational benefits of AGFA solutions.
In May 2024, Samsung Healthcare Corporation (Samsung), acquired Sonio SAS, a fetal ultrasound AI software manufacturer. This acquisition is aimed at incorporating Sonio's AI expertise with Samsung's advanced ultrasound systems. This will enhance workflow and accuracy in the prenatal care; further boosting the market presence of Samsung in the ultrasound market.