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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Saudi Arabia Magnetic Resonance Imaging Market Size
The Saudi Arabia magnetic resonance imaging market was valued at USD 247.35 million in 2023, driven by the rise in the geriatric population and chronic diseases across Saudi Arabia. The market size is anticipated to grow at a CAGR of 4.5% during the forecast period of 2024-2032 to achieve a value of USD 367.59 million by 2032.
Saudi Arabia Magnetic Resonance Imaging Market Report Snapshots
Saudi Arabia Magnetic Resonance Imaging Market Size
Saudi Arabia Magnetic Resonance Imaging Market Analysis
Saudi Arabia Magnetic Resonance Imaging Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market attained a value of about USD 247.35 million in 2023, driven by the prevalence of chronic diseases.
The market is anticipated to grow at a CAGR of 4.5% during the forecast period of 2024-2032 and reach a market value of USD 367.59 million by 2032.
The increasing prevalence of brain and neurological diseases and government initiatives to attract international patients seeking advanced imaging services in Saudi Arabia are among the major factors driving the market growth.
The major regions of the market include Northern and Central, Western, Southern, Eastern. Northern Saudi Arabia is currently leading the market.
The field strengths in the market include high-field MRI systems, low-to-mid field MRI systems, very-high-field MRI systems.
The different types of magnetic resonance imaging are fixed and mobile.
The different architectures of closed and open structures.
It finds wide application in brain and neurological disorders, oncology, spine and musculoskeletal, abdominal, cardiac, and others.
The end users are hospitals, imaging centers, ambulatory surgical centers, and others.
The different types of sources in the market include import and domestic.
The campaign launching in order to spread awareness about cancer in the country is among the major key trends for the market.
Key players involved in the market are General Electric El Seif Healthcare Arabia Co. Ltd., Toshiba Corporation, Hitachi Saudi Arabia, Ltd., Medtronic Saudi Arabia Co., Siemens Ltd. Saudi Arabia, Philips Healthcare Saudi Arabia Ltd., Esaote SpA., and FUJIFILM Holdings Corporation.
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