Saudi Arabia X-Ray Systems Market to Grow with Impressive CAGR until 2026
Increasing demand for the digital imaging for the diagnostic purposes is driving the growth of Saudi Arabia X-Ray Systems Market in the forecast years.
According to TechSci report on, “Saudi Arabia X-Ray Systems Market By Modality (Direct Radiography v/s Computed Radiography) By Mobility (Stationary v/s Mobile) By Type (Digital v/s Analog) By Application (Cardiovascular, Respiratory, Dental, Mammography, Others) By End User (Hospitals & Clinics, Diagnostic Centers, Others) By Region, Competition Forecast & Opportunities, 2026”,Saudi Arabia x-ray systems market has shown promising growth in historical years until 2019 and is expected to continue its growth in upcoming forecast years 2021 to 2026. Saudi Arabia x-ray systems market owes its growth to the factors like rising requirements of the x-ray imaging devices for the diagnostic purposes. The imaging systems are instilled with the function of identifying cancer, cardiovascular diseases, blockage in heart arteries, etc. With the increase in such diseases the demand for the devices is increasing. Moreover, the lifestyle changes in the young population and rising geriatric population is supporting the growth of the Saudi Arabia x-ray systems market in the forecast period, 2022-2026.
Furthermore, the Kingdom of Saudi Arabia is among the top 20 richest countries in the world, thus regular monitoring of the health even if the procedure involves in-expensive devices and methods, the population does not shy away, thus we can encircle rising disposable income along with the concern for the well being a common factor for the growth of the market in the upcoming five years.
X-Ray Systems are the imaging devices that send the electronic signals through the body and the signals are then received after on an imaging plate. These plates act like detector and imprints the deflection, refraction, and reflections of the signals. Thus, the image is received on the film. Recent advancement in the technology has enabled the receiving of these images in the digital format and the process is digitized thus making it more preferrable by the experts as well as the patients.
The recent outbreak of COVID-19 worldwide had affected the Saudi Arabia economy, healthcare industry saw a consistent growth. The diagnostic sector had a continuous demand for the x-ray system devices for the diagnosis of the disease as well as analysing the already sick patient, since virus showed a severe effect on the patients who were already struggling with some other disease. Since the pandemic has persisted and new strain of virus has emerged, the healthcare industry may see the anticipated growth in the upcoming five years.
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The Saudi Arabia x-ray systems market is segmented on the basis of modality, mobility, type, application, end user, regional distribution and competitional landscape. Based on mobility the market is divided between stationary and mobile x-ray systems. Stationary x-ray systems are large devices that are often installed in the hospitals and cannot be moved. With the advantage of mobility and convenience, mobile x-ray systems are anticipated to dominate with the largest market segment in the next five years.
Based on type the market is fragmented into digital and analog. Digital segment of the x-ray market is anticipated to be the larger as well as the fastest growing segment owing its growth to its advantages of better image quality and clarity, cost-effective device, and low maintenance that the device requires.
Based on application the market is categorized into cardiovascular, respiratory, dental, mammography, and others. Cardiovascular applications involve the diagnostics procedures to identify any kind of heart related disorders. Respiratory applications involve lung imaging for the diagnosis of diseases like asthma, pulmonary disorders, and lung cancer etc. Mammography application often involves the identification of breast cancer or any infection in the mammary glands that may be found in the new mothers. Orthodontal images are required for the jaw dislocation or infection cases in the dental applications.
Some of the top players in the Saudi Arabia X-Ray Systems market are, Siemens Healthineers Saudi Arabia, Philips Healthcare Saudi Arabia Ltd, Hitachi Saudi Arabia, Ltd., YXLON Copenhagen (Sameer Group), GE Healthcare, GULF MEDICAL CO. LTD. (Canon Medical), Farouk, Ma’amoun Tamer & Company (Fujifilm), Varian Medical Systems Arabia, Mindray Saudi Arabia, among others. The companies are involving themselves into research and development for the methods of better quality, to provide better products.
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“Saudi Arabian market for the digital imaging equipment is quite competitive. With technologically advanced products being launched in the market, the top players are focusing to expand their businesses in the middle east, majorly in the Kingdom of Saudi Arabia. New players may devote their resources in cost effective products or come up with the tie-ups with the global players who are looking to penetrate the market with technologically advanced products,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“Saudi Arabia X-Ray Systems Market By Modality (Direct Radiography v/s Computed Radiography) By Mobility (Stationary v/s Mobile) By Type (Digital v/s Analog) By Application (Cardiovascular, Respiratory, Dental, Mammography, Others) By End User (Hospitals & Clinics, Diagnostic Centers, Others) By Region, Competition Forecast & Opportunities, 2026” has evaluated the future growth potential of Saudi Arabia X-Ray Systems market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Saudi Arabia X-Ray Systems market.
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