SAUDI ARABIA MEDICAL IMAGING MARKET

INTRODUCTION

Nuclear imaging technology, which produces images of the organs and tissues at the nuclear level, is used to study the functions of organs and tissues. An injection of a radioactive substance is given to the patient to aid in locating the damaged organ, tissue, or mass of unnaturally arranged cells.

For a thorough inspection, diagnosis, and therapy, nuclear imaging equipment creates an image of an organ or tissue using a radioactive substance. The equipment also helps with the development, management, and analysis of drugs used in nuclear medicine.

The nuclear imaging equipment market in Saudi Arabia is divided into segments based on product type, application end user, market competition, and geographic distribution. The market is divided into two types, PET imaging systems and gamma camera imaging.

The rise in the incidence of chronic diseases and the rising number of cancer patients are the main drivers fueling demand for nuclear imaging equipment in Saudi Arabia, which is predicted to expand at a remarkable rate over the projected period. In order to broaden the area of diagnosis, market participants are concentrating on growing their product portfolios. 

SAUDI ARABIA MEDICAL IMAGING MARKET SIZE AND FORECAST

The Saudi Arabia Medical Imaging market accountedfor $XX Billion in 2021 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

SAUDI ARABIA MEDICAL IMAGING MARKETMARKET DYNAMICS 

In order to establish and run a limited liability company called Saudi European Diagnostics Co., Arabian International Healthcare Holding Co., also known as Tibbiyah, entered into a joint venture agreement with European Unilabs diagnostics AB.

According to a bourse filing, Unilabs and Tibbiyah will each share a percentage of the new company SEDC, which will offer diagnostic imaging services in the Kingdom.

As part of its ambition to develop into a diversified healthcare company, Tibbiyah has continued to engage in the healthcare services sector with the development of SEDC. According to KPMG, the third quarter saw overall Gross Written Premiums increase year-over-year for Saudi Arabia's insurance providers.

According to the international accounting firm, the Kingdom's GWP for the three months ending in September was billion, with the motor and medical sectors leading the growth list with percentages, respectively.

As the insurance market's comparative results, which were volatile until the first half of the year, have stabilised in terms of loss ratios and net profit after zakat and tax, KPMG predicted a similar trend for the full year.

The extraction of data from the current systems for input into IFRS models is a common difficulty for insurance firms, according to KPMG. Insurance companies are currently in the implementation and audit phase of the dry runs for the Saudi Central Bank submission.

SAUDI ARABIA MEDICAL IMAGING MARKETCOMPANY PROFILE

• Pioneers
• TechSci 
• BROS. CO., LTD
• Agfa HealthCare Medical Imaging IT
• ALMANA MEDICAL

SAUDI ARABIA MEDICAL IMAGING MARKETTHIS REPORT WILL ANSWER FOLLOWING QUESTIONS

How many Medical Imaging are manufactured per annum inSaudi Arabia? Who are the sub-component suppliers in this region?

Cost breakup of a Saudi Arabia Medical Imaging and key vendor selection criteria

Where are theMedical Imagingmanufactured? What is the average margin per unit?

Market share of Saudi Arabia Medical Imagingmarketmanufacturers and their upcoming products

Cost advantage for OEMs who manufacture Saudi Arabia Medical Imagingin-house

5 key predictions for next 5 years in Saudi Arabia Medical Imaging market

Average B-2-BMedical Imaging market price in all segments

Latest trends inMedical Imagingmarket, by every market segment

The market size (both volume and value) of theMedical Imagingmarket in 2024-2030 and every year in between?

 Production breakup ofMedical Imagingmarket, by suppliers and their OEM relationship