Saudi Arabia Image-guided Therapy Systems Market Size & Outlook
Saudi Arabia image-guided therapy systems market, 2018-2030 (US$M)
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Saudi Arabia image-guided therapy systems market highlights
- The Saudi Arabia image-guided therapy systems market generated a revenue of USD 36.2 million in 2023 and is expected to reach USD 46.3 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 3.6% from 2024 to 2030.
- In terms of segment, endoscopes was the largest revenue generating product in 2023.
- Single Photon Emission Computed Tomography (SPECT) is the most lucrative product segment registering the fastest growth during the forecast period.
Image-guided therapy systems market data book summary
| Market revenue in 2023 | USD 36.2 million |
| Market revenue in 2030 | USD 46.3 million |
| Growth rate | 3.6% (CAGR from 2023 to 2030) |
| Largest segment | Endoscopes |
| Fastest growing segment | Single Photon Emission Computed Tomography (SPECT) |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Computed Tomography (CT) Scanners, Ultrasound Systems, Magnetic Resonance Imaging (MRI), Endoscopes, X-ray Fluoroscopy, Positron Emission Tomography (PET), Single Photon Emission Computed Tomography (SPECT) |
| Key market players worldwide | Koninklijke Philips NV, Medtronic PLC, Siemens Healthineers AG ADR, Analogic Corporation, GE HealthCare Technologies Inc Common Stock, BrainLAB, Olympus Corp, Stryker Corp, Varian |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 0.7% of the global image-guided therapy systems 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 image-guided therapy systems 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 32.3 million by 2030.
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Image-guided Therapy Systems Market Scope
Image-guided Therapy Systems Market Companies
| Name | Profile | # Employees | HQ | Website |
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Saudi Arabia image-guided therapy systems 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 image-guided therapy systems market will help companies and investors design strategic landscapes.
Endoscopes was the largest segment with a revenue share of 31.49% in 2023. Horizon Databook has segmented the Saudi Arabia image-guided therapy systems market based on computed tomography (ct) scanners, ultrasound systems, magnetic resonance imaging (mri), endoscopes, x-ray fluoroscopy, positron emission tomography (pet), single photon emission computed tomography (spect) covering the revenue growth of each sub-segment from 2018 to 2030.
Saudi Arabia’s image-guided therapies market is in its nascent stage. The burden of chronic diseases is high in this country, with nearly 12,000 cancer cases detected every year. In 2013, The first image-guided therapy system was installed at King Abdulaziz University Hospital in the country by Elekta to address the increasing incidence of cancer in the country.
However, rise in healthcare spending is expected to change existing market dynamics by increasing the demand for image-guided therapy systems in the country. Elekta AB; Koninklijke Philips N.V.; and GE Healthcare are among the major players in the market.
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Our clientele includes a mix of image-guided therapy systems 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 image-guided therapy systems market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia image-guided therapy systems market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia image-guided therapy systems market size, by product, 2018-2030 (US$M)
Saudi Arabia Image-guided Therapy Systems Market Outlook Share, 2023 & 2030 (US$M)
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