General Imaging to Dominate the Saudi Arabia Ultrasound System Market till 2026
Rising awareness for benefits of early
diagnosis of diseases is expected to drive the Saudi Arabia ultrasound system market through
the forecast period.
According to TechSci Research report, “Saudi
Arabia Ultrasound System Market By Technology (Diagnostic Ultrasound v/s
Therapeutic Ultrasound) By Display Type (Black & White v/s Colored) By
Mobility (Fixed v/s Mobile) By Application (General Imaging, Obstetrics/Gynecology,
Cardiology, Urology, Orthopedic & Musculoskeletal, Others) By End User
(Hospitals & Clinics, Diagnostic Centers, Ambulatory Care Centers, Others)
By Company, By Region, Forecast & Opportunities, 2026”, Saudi Arabia ultrasound system market is expected to grow
at a brisk rate during the forecast period. Ultrasound refers taking images of
internal body for detection of abnormalities in patients by examination of
health professionals.
Ultrasound
is an imaging test and uses sound waves to analyze vital body organs covering
heart, kidney, gallbladder, liver, pancreas, and other significant organs. The
use of ultrasound imaging is more effective than the other present imaging
techniques due to its affordable nature and utilizes time in an efficient way.
Also, ultrasound process does not use any kind of radiation unlike other
imaging techniques but give accurate results. Introduction of new products in
field of ultrasound system market is paving the way for business opportunities
by major players in Saudi Arabia.
Rise
in disposable income is leading to increasing affordability for availing
quality healthcare services. Healthcare facilities is considered a right in
Saudi Arabia which is boosting the ultrasound market growth. Preference shift
of the consumers for availing home healthcare facilities and make use of the
remote healthcare monitoring treatment is aiding in reduction of the costs of
Saudi Arabia ultrasound systems and raising the market for handheld ultrasound
system devices.
Discovery
of prostate cancer and kidney stones with the use of ultrasound systems is
supporting the growth in the country. New ultrasound systems are compact in
size and are user-friendly in nature which is boosting the demand for handheld
ultrasound devices.
Due
to ongoing pandemic of COVID-19 market witnessed negative market growth due to
shutdown of many manufacturing units which created disruption in the supply chain.
Also, unavailability of materials affected the ultrasound market in an adverse
way. After lifting of lockdown, it is expected to pick up the pace and grow at
a steady rate.
However,
high prices for ultrasound system equipment and lack of skilled professionals may
pose challenge in the growth of the Saudi Arabia Ultrasound System market.
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Saudi Arabia Ultrasound System market is segregated
technology, display type, mobility, application, end user, region, and company.
Based on application, market is fragmented into general imaging,
obstetrics/gynecology, cardiology, urology, orthopedic & musculoskeletal
and others. General imaging is expected to dominate the ultrasound market owing
to increasing prevalence of terminal disease cancer, advancements in technology
for ultrasound-based treatment and diagnosis.
The surge in use of focused ultrasound
technology is fostering the general imaging market demand in Saudi Arabia. Growing
preference for HIFU in cancer treatment and increase in application for treatment
of cancer diagnosis for effective treatment is creating lucrative opportunities
for the ultrasound market growth in Saudi Arabia.
Based on end user, market is divided into hospitals
& clinics, diagnostic centers, ambulatory care centers and others.
Hospitals & clinics is expected to account to hold major market share
during the forecast period, 2022-2026 due to huge applications in hospitals
& clinics as large number of patients visit them for treatment purpose.
Rising adoption of minimally invasive diagnostic and surgical procedures in
these facilities is driving the ultrasound market in Saudi Arabia.
Based on display type, market is divided into black
& white and colored segment. Colored segment is expected to hold
significant market share for the forecast period. Technological advancements
for obtaining clear images and inculcation of more features in ultrasound
equipment is majorly attributing to the color ultrasound market growth.
GE Healthcare, Bioventus, Mindray Saudi
Arabia, Siemens Ltd., Saudi Arabia, Philips Healthcare Saudi Arabia Ltd, Hitachi
Medical Systems Saudi Arabia, Gulf Medical Co Ltd (Medistim), Shimadzu Middle
East & Africa FZE, Hologic, Inc., Fujifilm-Middle East, among others are
some of the leading players operating in Saudi Arabia ultrasound system market. Companies operating in the market are using strategies
such as joint ventures, product launches, mergers, and research collaborations
to boost their share and increase their geographic reach.
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“Emerging
technologies such as 3D/4D ultrasound in oncology and integration of artificial
intelligence for automation, quantification and selecting the best image as
result is taking the ultrasound system onto new levels. High-end investments by
government and leading authorities to improve healthcare facilities is
contributing to the ultrasound market growth for the forecast period,
2022-2026. Rising awareness for radiation dose and high image clarity and
resolution is propeling the market growth until 2026” said Mr. Karan Chechi, Research Director with TechSci
Research, a research based Saudi Arabia management consulting firm.
“Saudi
Arabia Ultrasound System Market By Technology (Diagnostic Ultrasound v/s
Therapeutic Ultrasound) By Display Type (Black & White v/s Colored) By
Mobility (Fixed v/s Mobile) By Application (General Imaging, Obstetrics/Gynecology,
Cardiology, Urology, Orthopedic & Musculoskeletal, Others) By End User
(Hospitals & Clinics, Diagnostic Centers, Ambulatory Care Centers, Others)
By Company, By Region, Forecast & Opportunities, 2026”, has evaluated the future growth potential of Saudi
Arabia ultrasound system 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 ultrasound
system market.
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