Saudi Arabia Preclinical Imaging Market Size & Outlook
Saudi Arabia preclinical imaging market, 2018-2030 (US$M)
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Saudi Arabia preclinical imaging market highlights
- The Saudi Arabia preclinical imaging market generated a revenue of USD 61.4 million in 2023 and is expected to reach USD 81.1 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 4.1% from 2024 to 2030.
- In terms of segment, optical was the largest revenue generating product in 2023.
- Multi Modal is the most lucrative product segment registering the fastest growth during the forecast period.
Preclinical imaging market data book summary
| Market revenue in 2023 | USD 61.4 million |
| Market revenue in 2030 | USD 81.1 million |
| Growth rate | 4.1% (CAGR from 2023 to 2030) |
| Largest segment | Optical |
| Fastest growing segment | Multi Modal |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | CT, MRI, PET/SPECT, Multi Modal, Optical, Ultrasound, Photoacoustic, Reagents, Services |
| Key market players worldwide | Bruker Corp, Siemens AG, GE Aerospace, PerkinElmer, FUJIFILM Holdings Corp, Agilent Technologies, Rigaku, TriFoil Imaging, Mediso Medical Imaging Systems, MR Solutions |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 1.4% of the global preclinical imaging 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 preclinical imaging 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 179.9 million by 2030.
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Preclinical Imaging Market Scope
Preclinical Imaging Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Saudi Arabia preclinical imaging 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 preclinical imaging market will help companies and investors design strategic landscapes.
Optical was the largest segment with a revenue share of 13.03% in 2023. Horizon Databook has segmented the Saudi Arabia preclinical imaging market based on ct, mri, pet/spect, multi modal, optical, ultrasound, photoacoustic, reagents, services covering the revenue growth of each sub-segment from 2018 to 2030.
Technological innovation is a key factor driving changes in the healthcare industry in the country at a significant rate. The country is focusing on the digitalization of healthcare by leveraging innovative technologies such as AI, big data, and cloud computing.
There are currently 150 health-tech startups in the country. Such advancements are resulting in shorter hospital stays and rise in number of surgical procedures, which, in turn, is driving the demand for preclinical imaging. Moreover, major global players are opting for regulatory clearance to launch their products to cater to the growing demand for preclinical imaging in the country.
The Saudi Arabian government has been actively supporting research and development in the life sciences sector, including preclinical research. Funding initiatives and grants encourage the adoption of advanced imaging technologies and foster scientific advancements in the country.
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Target buyers of Saudi Arabia preclinical imaging market databook
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Our clientele includes a mix of preclinical imaging market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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 preclinical imaging market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia preclinical imaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia preclinical imaging market size, by product, 2018-2030 (US$M)
Saudi Arabia Preclinical Imaging Market Outlook Share, 2023 & 2030 (US$M)
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