Saudi Arabia magnetic resonance imaging
market is bound to experience impressive growth with anticipated CAGR in the
forecast period, 2023-2027, on the account of surge in the demand for the
non-invasive methods of diagnosis of diseases. Increasing investment in the
healthcare industry in the country is further driving the growth of the Saudi
Arabia magnetic resonance imaging market in the upcoming five years.
Magnetic resonance imaging (MRI) is a
medical imaging technique to identify physiological changes in the human body.
It is a scientific method considered a part of radiology where medical
equipment called MRI scanners are installed, and magnetic field is created
around the human body in a controlled environment and physiological processes
being carried out inside the human body is analyzed by studying the strong
magnetic fields, magnetic field gradients, and radio waves. The magnetic field
gradient and radio waves create an image of the organ analyzed and experts or
radiographers can read these images and explain any abnormalities in the
radio-images.
Early Diagnosis Demands Drive Market
Growth
Rapidly increasing instances of chronic
diseases like cancer, tumors, along with increasing cases of disorders like
strokes, spine lesions etc. is driving the growth of the Saudi Arabia magnetic
resonance imaging market in the upcoming five years. Also, surge in the demand
for the equipment and devices to diagnose such conditions at the earliest to
avoid severe circumstances such as death, and to provide timely treatment for
the diseases, the demand for the MRI machines and procedures is increasing and
thereby supporting the growth of the Saudi Arabia magnetic resonance imaging
market in the next five years.
According to reports from MRI usage in
Saudi Arabia, patient aging between 40 to 50 accounted for approximately 22% of
the population undergoing MRI scans for various purposes like regular checkups,
diagnosing the appearing symptoms, analyze the contemplation of any chronic
disease growing inside the body.
Technological Advancement Drive Market
Growth
Increasing research and product
development is one of the major driving factors for the growth of the Saudi
Arabia magnetic resonance imaging market in the upcoming five years. Moreover,
increasing investments and financial aids from the government of the Kingdom of
Saudi Arabia in the healthcare facilities and innovative product development is
further anticipated to enhance technological advancement in the medical device
manufacturing and process involvement like MRI and thereby support the growth
of the Saudi Arabia magnetic resonance imaging (MRI) market in the future five
years.

Click here to download the sample
Market Segmentation
The Saudi
Arabia magnetic resonance imaging market segmentation is based on field
strength, type, architecture, source, application, end user, competitional landscape,
and regional distribution. Based on field strength, the market is segmented
into High-Field MRI Systems (1.5t MRI Systems, 3t MRI Systems),
Low-To-Mid-Field MRI Systems (<1.5t), Very-High-Field MRI Systems (4t and
Above)). On the basis of type, the market is divided between fixed and mobile
type of magnetic resonance imaging. Based on architecture, the market
segmentation is also divided between closed MRI system and open MRI systems. On
the basis of source, market is defined into domestic and imports. Application
segment of the market is further segmented into brain and neurological,
oncology, spine and musculoskeletal, abdominal, cardiac, and others. On the
basis of end user, the market segment is bifurcated into hospitals, imaging
centers, ambulatory surgical centers, and others. The market analysis also studies the
regional segmentation to devise regional market segmentation, divided among Western
region, Northern & Central region, Eastern region, Southern region.
Company Profile
GE Healthcare, Philips Healthcare Saudi
Arabia, Siemens Medical Solutions USA Inc., Canon Medical Systems USA, Inc.,
Hitachi Medical Systems America Inc., among others is a partial list of major
market players of the companies responsible for the growth of Saudi Arabia magnetic
resonance imaging market.
Attribute | Details |
Base Year | 2021 |
Historical Data | 2017 –
2020 |
Estimated Year | 2022 |
Forecast Period | 2023
– 2027 |
Quantitative Units | Revenue in USD Million, and CAGR for 2017-2021 and 2022-2027 |
Report coverage | Revenue
forecast, company share, competitive landscape, growth factors, and trends |
Segments covered | - Field Strength
- Type
- Architecture
- Source
- Application
- End User
|
Regional scope | Northern
& Central Region, Southern Region, Eastern Region, Western Region. |
Key companies profiled | GE Healthcare, Philips Healthcare Saudi Arabia, Siemens
Medical Solutions USA Inc., Canon Medical Systems USA, Inc., Hitachi Medical
Systems America Inc., |
Customization scope | 10%
free report customization with purchase. Addition or alteration to country,
regional & segment scope. |
Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
Delivery Format | PDF and Excel through Email (We can also
provide the editable version of the report in PPT/Word format on special
request) |
Report Scope:
In this report, Saudi Arabia magnetic resonance imaging market has been segmented into
following categories, in addition to the industry trends which have also been
detailed below:
- Saudi Arabia Magnetic Resonance
Imaging Market, By Field Strength:
o
High-Field MRI Systems
o
1.5t MRI Systems
o
3t MRI Systems
o
Low-To-Mid-Field MRI Systems (<1.5t),
o
Very-High-Field MRI Systems (4t and
Above)
- Saudi Arabia Magnetic Resonance
Imaging Market, By Type:
- Saudi Arabia Magnetic Resonance
Imaging Market, By Architecture:
- Closed MRI Systems
- Open MRI Systems
- Saudi Arabia Magnetic Resonance
Imaging Market, By Source:
- Saudi Arabia Magnetic Resonance
Imaging Market, By Application:
- Brain and Neurological
- Oncology
- Spine and Musculoskeletal
- Abdominal
- Cardiac
- Others
- Saudi Arabia Magnetic Resonance
Imaging Market, By End User:
- Hospitals
- Imaging Centers
- Ambulatory Surgical Centers
- Others
- Saudi Arabia Magnetic Resonance
Imaging Market, By Region:
o Southern Region
o Eastern Region
o Western Region
o Northern & Central region,
Competitive Landscape
Company
Profiles: Detailed
analysis of the major companies present in Saudi Arabia magnetic resonance imaging market.
Available Customizations:
With the given market data, TechSci Research offers
customizations according to a company’s specific needs. The following
customization options are available for the report:
Company
Information
- Detailed analysis and profiling of
additional market players (up to five).
Frequently Asked Questions
Saudi Arabia Magnetic
resonance imaging Market is an upcoming report to be released soon. If you wish
an early delivery of this report or want to confirm the date of release, please
contact us at [email protected]
In case you don’t find what you are looking for, please get in touch with our custom research team at [email protected]