Market Reports on Saudi Arabia Provides the Trending Market Research Report on “Saudi Arabia Magnetic Resonance Imaging Market, By Field Strength (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)), By Type (Fixed, Mobile), By Architecture (Closed MRI Systems and Open MRI Systems), By Source (Domestic v/s Import), By Application (Brain and Neurological, Oncology, Spine and Musculoskeletal, Abdominal, Cardiac, Others), By End User (Hospitals, Imaging Centers, Ambulatory Surgical Centers, Others), By Region, Competition Forecast & Opportunities, 2027” under Life Sciences Market Research Reports category. The Magnetic Resonance Imaging Market Database in Saudi Arabia is projected to exhibit highest growth rate over report offers a collection of superior market research, market analysis, and competitive intelligence and industry reports.
Saudi Arabia Magnetic Resonance Imaging Market is projected to grow at a significant rate during the forecast period. The growth can be attributed to the rising demand for non-invasive medical procedures and increasing investments by the government to improve healthcare infrastructure in the country. Besides, increasing awareness about the benefits of early diagnosis and advances in technology such as inclusion of MRI with PET or CET for improved imaging possibilities with less exposure to radiations are contributing to the growth of Saudi Arabia magnetic resonance imaging market. Improvements in radiology technology has led to the increased adoption of imaging systems. During COVID-19 pandemic, the demand for MRI significantly increased to identify pulmonary complications in order to take necessary actions and improve patient’s well-being.
Moreover, the increasing incidences of cancer, cardiovascular diseases, or neurological diseases are increasing the demand for diagnostic machines for identifying malignancies, which is anticipated to contribute the growth of Saudi Arabia magnetic resonance imaging market. Patients aged between 40 to 50 account for 22% of the population, and they have to undergo MRI scans as a part of regular checkups, analyze the chronic disease symptoms, etc. Market players involved in manufacturing of the magnetic resonance imaging devices are increasing research and development activities for innovative product development, which is anticipated to drive the Saudi Arabia magnetic resonance imaging market growth in the coming years. However, high costs associated with the installation and maintenance of imaging equipment could restrain the growth of Saudi Arabia magnetic resonance imaging market.
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). The high-field MRI systems are anticipated to dominate the Saudi Arabia magnetic resonance imaging market as several key market players such as Philips Healthcare Saudi Arabia, GE Healthcare, etc. have a strong product portfolio devoted to the imaging systems of this segment. Besides, the 1.5T MRI systems have superior imaging qualities and high spatial resolution, which is attributing to their dominance in the Saudi Arabia magnetic resonance imaging market.
Major players operating in the Saudi Arabia magnetic resonance imaging market are GE Healthcare, Philips Healthcare Saudi Arabia, Siemens Healthineers AG., Canon Medical Systems Corporation, Hitachi Medical Corporation, among others. Companies involved in the Saudi Arabia magnetic resonance imaging market are strengthening their product portfolio comprising MRI systems of varying lengths and strengths for a robust revenue.
Years considered for this report:
Historical Years: 2017-2020
Base Year: 2021
Estimated Year: 2022E
Forecast Period: 2023F–2027F
Objective of the Study:
•To analyze the historical growth in the market size of Saudi Arabia magnetic resonance imaging market from 2017 to 2021.
•To estimate and forecast the market size of Saudi Arabia magnetic resonance imaging market from 2022E to 2027F and growth rate until 2027F.
•To classify and forecast Saudi Arabia magnetic resonance imaging market based on field strength, type, architecture, source, application, end user, regional distribution, and company.
•To identify dominant region or segment in the Saudi Arabia magnetic resonance imaging market.
•To identify drivers and challenges for Saudi Arabia magnetic resonance imaging market.
•To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Saudi Arabia magnetic resonance imaging market.
•To identify and analyze the profile of leading players operating in Saudi Arabia magnetic resonance imaging market.
•To identify key sustainable strategies adopted by market players in Saudi Arabia magnetic resonance imaging market.
Key Target Audience:
•Magnetic resonance imaging equipment manufacturers
•Market research and consulting firms
•Government bodies such as regulating authorities and policy makers
•Organizations, forums, and alliances related to magnetic resonance imaging
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
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:
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)
•Saudi Arabia Magnetic Resonance Imaging Market, By Type:
Fixed
Mobile
•Saudi Arabia Magnetic Resonance Imaging Market, By Architecture:
Closed MRI Systems
Open MRI Systems
•Saudi Arabia Magnetic Resonance Imaging Market, By Source:
Domestic
Import
•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:
Southern Region
Eastern Region
Western Region
Northern & Central region
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