Saudi Arabia Diagnostic Imaging Market is Projected to Grow at a Formidable Rate During the Forecast Period | TechSci Research
Growing prevalence of diseases is driving the growth of Saudi Arabia diagnostic imaging market during the forecast period.
Additionally, increasing penetration of multi-specialty hospitals and diagnostic centers in Saudi Arabia is further expected to drive the market growth over the next few years. Besides, advancements in digital technologies, adoption of non-invasive procedures, among others are expected to create lucrative opportunities for the market growth during the forecast period. Increase in the number of precise diagnostic procedures including esoteric tests, newborn screening tests, genetic tests among others are expected to increase in the forthcoming years.
People are now adopting the use of latest diagnostic imaging procedures for detection of diseases including cancer at a very early stage with the help of X-ray imaging, ultrasound, MRI, nuclear imaging among others, which will have a positive impact on the overall growth of the market. Besides, there are several risks associated with the use of X-ray imaging, which uses ionizing radiation to generate images of the body. Ionizing radiation is a form of radiation that has enough energy to potentially cause damage to DNA. Risks from exposure to ionizing X-ray radiations also includes development of cancer in later life, which will restrain the growth of the overall diagnostic imaging market in future.
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The Saudi Arabia diagnostic imaging market can be segmented by type, mobility, source, application, end user, region, and company. Based on type, the market can be categorized into x-ray imaging solutions, ultrasound systems, MRI systems, CT scanners, nuclear imaging solutions, mammography, and others. The X-Ray imaging solutions is expected to dominate the market through 2026 on account of the growing incidences of injuries & accidents, rising geriatric population, among others. Additionally, the growing demand for portable X-Ray systems is further expected to fuel the market growth over the next few years. The CT Scanners market is expected to grow at a formidable rate during the forecast period on account of the widespread use of CT scanners in scanning various heart problems.
Additionally, growing adoption of CT scanners in various neurological disorders especially in case of those patients on which MRI cannot be used is expected to create lucrative opportunities for the market growth during the forecast period. Besides, CT scanners offer high quality and detailed images of the body with low radiation exposure to the patients. This in turn fuels the market growth. Also, increasing healthcare expenditure by the government is Saudi Arabia is further expected to drive the market growth over the next few years.
The major companies operating in Saudi Arabia diagnostic imaging market includes GE Healthcare, Siemens Ltd., Saudi Arabia, Philips Healthcare Saudi Arabia Ltd, Hitachi Medical Systems Saudi Arabia, Shimadzu Middle East & Africa FZE, Fujifilm-Middle East, Medtronic Saudi Arabia Co., Johnson & Johnson Medical Saudi Arabia Limited, Abbott Saudi Arabia Trading LLC, Becton, Dickinson, and Company Saudi Arabia, Baxter Company Limited, Canon Medical Middle East, among others.
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“Saudi Arabia diagnostic imaging market is expected to witness significant growth during the forecast period on account of the rising focus of healthcare companies to expand to the Middle East region, especially in Saudi Arabia. Additionally, growing prevalence of diseases and rise in patient population is expected to fuel the market growth through 2026,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“Saudi Arabia Diagnostic Imaging Market By Type (X-Ray Imaging Solutions, Ultrasound Systems, MRI Systems, CT Scanners, Nuclear Imaging Solutions, Mammography, Others), By Mobility (Portable v/s Standalone), By Source (Domestic v/s Import), By Application (Cardiology, Oncology, Neurology, Orthopaedics, Gastroenterology, Gynaecology, Others), By End User (Hospitals & Clinics, Diagnostic Centers, Ambulatory Care Centers, Others), By Region, Competition Forecast & Opportunities, 2026” has evaluated the future growth potential of Saudi Arabia diagnostic imaging market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Saudi Arabia diagnostic imaging market.
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