Saudi Arabia Optical Imaging Systems Market Size & Outlook
Saudi Arabia optical imaging systems market, 2018-2030 (US$M)
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Saudi Arabia optical imaging systems market highlights
- The Saudi Arabia optical imaging systems market generated a revenue of USD 12.0 million in 2023 and is expected to reach USD 21.9 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 8.9% from 2024 to 2030.
- In terms of segment, optical coherence tomography was the largest revenue generating technology in 2023.
- Photoacoustic Tomography is the most lucrative technology segment registering the fastest growth during the forecast period.
Optical imaging systems market data book summary
| Market revenue in 2023 | USD 12.0 million |
| Market revenue in 2030 | USD 21.9 million |
| Growth rate | 8.9% (CAGR from 2023 to 2030) |
| Largest segment | Optical coherence tomography |
| Fastest growing segment | Photoacoustic Tomography |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Photoacoustic Tomography, Optical Coherence Tomography, Hyperspectral Imaging, Near-Infrared Spectroscopy |
| Key market players worldwide | Abbott Laboratories, PerkinElmer, Carl Zeiss Meditec AG, Koninklijke Philips NV, Topcon Corp, Canon Inc, Danaher Corp, Optovue, Arsenal Capital Partners, Heidelberger Druckmaschinen AG |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 0.5% of the global optical imaging 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, South Africa optical imaging systems 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 21.9 million by 2030.
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Optical Imaging Systems Market Scope
Optical Imaging Systems Market Companies
| Name | Profile | # Employees | HQ | Website |
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Saudi Arabia optical imaging 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 optical imaging systems market will help companies and investors design strategic landscapes.
Optical coherence tomography was the largest segment with a revenue share of 62.5% in 2023. Horizon Databook has segmented the Saudi Arabia optical imaging systems market based on photoacoustic tomography, optical coherence tomography, hyperspectral imaging, near-infrared spectroscopy covering the revenue growth of each sub-segment from 2018 to 2030.
Saudi Arabia is the most lucrative region in the Middle East for optical imaging system market. The country has the largest number of hospitals and primary health centers in the region, which increases the rate of medical tourism in the country. This is anticipated to attract the market players, leading to growth.
The government of Saudi Arabia organizes a workshops on laboratory testing & measurement of optical imaging systems in the Saudi International Electronics, Communications and Photonics Conference (SIECPC) where participants discuss the local needs and their views regarding new & existing technologies.
Such discussion help the market players to understand the local needs and demands. These factors are anticipated to facilitate market growth in this region over the forecast period.
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Our clientele includes a mix of optical imaging 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 optical imaging systems market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia optical imaging systems market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia optical imaging systems market size, by technology, 2018-2030 (US$M)
Saudi Arabia Optical Imaging Systems Market Outlook Share, 2023 & 2030 (US$M)
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