Saudi Arabia Contrast Enhanced Ultrasound Market Size & Outlook
Saudi Arabia contrast enhanced ultrasound market, 2018-2030 (US$M)
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Saudi Arabia contrast enhanced ultrasound market highlights
- The Saudi Arabia contrast enhanced ultrasound market generated a revenue of USD 15.0 million in 2023 and is expected to reach USD 20.1 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 4.3% from 2024 to 2030.
- In terms of segment, equipment was the largest revenue generating product in 2023.
- Contrast Agents is the most lucrative product segment registering the fastest growth during the forecast period.
Contrast enhanced ultrasound market data book summary
| Market revenue in 2023 | USD 15.0 million |
| Market revenue in 2030 | USD 20.1 million |
| Growth rate | 4.3% (CAGR from 2023 to 2030) |
| Largest segment | Equipment |
| Fastest growing segment | Contrast Agents |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Equipment, Contrast Agents |
| Key market players worldwide | Lantheus Holdings Inc, GE Aerospace, Bracco, Siemens Healthineers AG ADR, Koninklijke Philips NV, Canon Inc, Mindray Medical International |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 0.7% of the global contrast enhanced ultrasound market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, South Africa contrast enhanced ultrasound market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 30.6 million by 2030.
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Contrast Enhanced Ultrasound Market Scope
Contrast Enhanced Ultrasound Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Saudi Arabia contrast enhanced ultrasound 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 contrast enhanced ultrasound market will help companies and investors design strategic landscapes.
Equipment was the largest segment with a revenue share of 72.67% in 2023. Horizon Databook has segmented the Saudi Arabia contrast enhanced ultrasound market based on equipment, contrast agents covering the revenue growth of each sub-segment from 2018 to 2030.
The presence of mandatory health insurance coverage for lifestyle diseases and increasing private sector participation in healthcare are anticipated to propel the contrast-enhanced ultrasound market over the forecast period.
For instance, in April 2019, the Ministry of Health announced its first public-private partnership project worth USD 67.5 million to upgrade medical imaging and radiology service across hospitals in Riyadh.
Moreover, the presence of lucrative healthcare reform programs, such as the National Transformation Program and Vision 2030, is expected to bring new and advanced ultrasound imaging technologies, aiding in market growth.
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Our clientele includes a mix of contrast enhanced ultrasound market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia contrast enhanced ultrasound market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia contrast enhanced ultrasound market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia contrast enhanced ultrasound market size, by product, 2018-2030 (US$M)
Saudi Arabia Contrast Enhanced Ultrasound Market Outlook Share, 2023 & 2030 (US$M)
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