Saudi Arabia Teleradiology Market Size & Outlook
Saudi Arabia teleradiology market, 2018-2030 (US$M)
Related Markets
Saudi Arabia teleradiology market highlights
- The Saudi Arabia teleradiology market generated a revenue of USD 103.5 million in 2023 and is expected to reach USD 493.7 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 25% from 2024 to 2030.
- In terms of segment, ultrasound was the largest revenue generating product in 2023.
- Computed Tomography is the most lucrative product segment registering the fastest growth during the forecast period.
Teleradiology market data book summary
| Market revenue in 2023 | USD 103.5 million |
| Market revenue in 2030 | USD 493.7 million |
| Growth rate | 25% (CAGR from 2023 to 2030) |
| Largest segment | Ultrasound |
| Fastest growing segment | Computed Tomography |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Computed Tomography, Ultrasound, X-ray, Nuclear Imaging, Magnetic Resonance Imaging |
| Key market players worldwide | Pediatrix Medical Group Inc, Agfa-Gevaert NV, Everlight Electronics, Evidian, Nano X Imaging Ltd Ordinary Shares, Koninklijke Philips NV, Matrix Pack |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 0.8% of the global teleradiology 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 teleradiology 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 499.4 million by 2030.
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Teleradiology Market Scope
Teleradiology Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Saudi Arabia teleradiology 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 teleradiology market will help companies and investors design strategic landscapes.
Ultrasound was the largest segment with a revenue share of 26.96% in 2023. Horizon Databook has segmented the Saudi Arabia teleradiology market based on computed tomography, ultrasound, x-ray, nuclear imaging, magnetic resonance imaging covering the revenue growth of each sub-segment from 2018 to 2030.
Saudi Arabia held the largest share of teleradiology market. Saudi Arabia faces various health challenges. Shortage of Community Health Centers and specialists in these centers & hospitals poses a challenge in Saudi Arabia.
Thus, the country is working with state governments to set up teleradiology services in various hospitals. Local teleradiology providers have started providing teleradiology services in the country to fill the gap between demand and supply.
Similarly, Alosrah Medical Investment Co.’s Alosrah Teleradiology service helps in connecting medical centers and hospitals with global, national, and local specialists to provide cost-effective teleradiology services.
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Target buyers of Saudi Arabia teleradiology market databook
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Our clientele includes a mix of teleradiology 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 teleradiology market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia teleradiology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia teleradiology market size, by product, 2018-2030 (US$M)
Saudi Arabia Teleradiology Market Outlook Share, 2023 & 2030 (US$M)
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