Saudi Arabia Mri Ferromagnetic Detection System Market Size & Outlook
The mri ferromagnetic detection system market in Saudi Arabia is expected to reach a projected revenue of US$ 8.1 million by 2030. A compound annual growth rate of 14.2% is expected of Saudi Arabia mri ferromagnetic detection system market from 2024 to 2030.
Revenue, 2023 (US$M)
$3.2
Forecast, 2030 (US$M)
$8.1
CAGR, 2024 - 2030
14.2%
Report Coverage
Saudi Arabia
Saudi Arabia mri ferromagnetic detection system market, 2018-2030 (US$M)
Related Markets
Saudi Arabia mri ferromagnetic detection system market highlights
- The Saudi Arabia mri ferromagnetic detection system market generated a revenue of USD 3.2 million in 2023 and is expected to reach USD 8.1 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 14.2% from 2024 to 2030.
- In terms of segment, stationary was the largest revenue generating type in 2023.
- Portable is the most lucrative type segment registering the fastest growth during the forecast period.
Mri ferromagnetic detection system market data book summary
| Market revenue in 2023 | USD 3.2 million |
| Market revenue in 2030 | USD 8.1 million |
| Growth rate | 14.2% (CAGR from 2023 to 2030) |
| Largest segment | Stationary |
| Fastest growing segment | Portable |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Stationary, Portable |
| Key market players worldwide | Fujidenolo, ETS-Lindgren, Fitel Telecomunicazioni, CEIA, Tactical Solutions, Metrasens, Bio-X, Kopp Development |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 0.7% of the global mri ferromagnetic detection system 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 mri ferromagnetic detection system 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 12.0 million by 2030.
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MRI Ferromagnetic Detection System Market Scope
Mri ferromagnetic detection system market segmentation & scope
MRI Ferromagnetic Detection System Market Companies
| Name | Profile | # Employees | HQ | Website |
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Saudi Arabia mri ferromagnetic detection system market size, by type, 2018-2030 (US$M)
Saudi Arabia MRI Ferromagnetic Detection System Market Outlook Share, 2023 & 2030 (US$M)
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