Saudi Arabia Artificial Intelligence In Diagnostics Market Size & Outlook
Saudi Arabia artificial intelligence in diagnostics market, 2018-2030 (US$M)
Related Markets
Saudi Arabia artificial intelligence in diagnostics market highlights
- The Saudi Arabia artificial intelligence in diagnostics market generated a revenue of USD 2.8 million in 2023 and is expected to reach USD 14.7 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 26.9% from 2024 to 2030.
- In terms of segment, software was the largest revenue generating component in 2023.
- Services is the most lucrative component segment registering the fastest growth during the forecast period.
Artificial intelligence in diagnostics market data book summary
| Market revenue in 2023 | USD 2.8 million |
| Market revenue in 2030 | USD 14.7 million |
| Growth rate | 26.9% (CAGR from 2023 to 2030) |
| Largest segment | Software |
| Fastest growing segment | Services |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Software, Hardware, Services |
| Key market players worldwide | Siemens Healthineers AG ADR, Nano X Imaging Ltd Ordinary Shares, GE HealthCare Technologies Inc Common Stock, AliveCor, Riverain Technologies, Aidoc, NeuraSignal, Imagen Technologies, Digital Diagnostics, Vuno |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 0.2% of the global artificial intelligence in diagnostics market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia artificial intelligence in diagnostics market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 14.7 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Artificial Intelligence In Diagnostics Market Scope
Artificial Intelligence In Diagnostics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Saudi Arabia artificial intelligence in diagnostics market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to artificial intelligence in diagnostics market will help companies and investors design strategic landscapes.
Software was the largest segment with a revenue share of 46.43% in 2023. Horizon Databook has segmented the Saudi Arabia artificial intelligence in diagnostics market based on software, hardware, services covering the revenue growth of each sub-segment from 2018 to 2030.
Saudi Arabia’s market for health information systems is in its nascent stage. There are several challenges in the adoption of AI in the country, including lack of skilled professionals, financial barriers, and legal & regulatory barriers, and technical complications.
However, several initiatives are being undertaken by the Ministry of Health for improving health information systems in the country. Moreover, increasing number of patients, growing demand for reducing healthcare expenses, need for real-time information, and providing quality care to patients at affordable costs are factors expected to drive the demand for AI in diagnostics in the country.
In November 2019, Saudi Arabia’s digital health service, Nala, launched the first AI platform that allows immediate medical diagnosis in Arabic. The users can access personalized healthcare via a mobile app. Moreover, benefits offered by AI in diagnosis, such as better outcome prediction, prognosis evaluation, and more sophisticated patient care, are likely to boost the market.
Reasons to subscribe to Saudi Arabia artificial intelligence in diagnostics market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Saudi Arabia artificial intelligence in diagnostics market databook
-
Our clientele includes a mix of artificial intelligence in diagnostics market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia artificial intelligence in diagnostics market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia artificial intelligence in diagnostics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Saudi Arabia artificial intelligence in diagnostics market size, by component, 2018-2030 (US$M)
Saudi Arabia Artificial Intelligence In Diagnostics Market Outlook Share, 2023 & 2030 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
