Saudi Arabia Magnetic Resonance Imaging Market, By Field Strength (High-Field MRI Systems (1.5t MRI Systems, 3t MRI Systems), Low-To-Mid-Field MRI Systems (<1.5t), Very-High-Field MRI Systems (4t and Above)), By Type (Fixed, Mobile), By Architecture (Clos

Saudi Arabia Magnetic Resonance Imaging Market, By Field Strength (High-Field MRI Systems (1.5t MRI Systems, 3t MRI Systems), Low-To-Mid-Field MRI Systems (<1.5t), Very-High-Field MRI Systems (4t and Above)), By Type (Fixed, Mobile), By Architecture (Closed MRI Systems and Open MRI Systems), By Source (Domestic v/s Import), By Application (Brain and Neurological, Oncology, Spine and Musculoskeletal, Abdominal, Cardiac, Others), By End User (Hospitals, Imaging Centers, Ambulatory Surgical Centers, Others), By Region, Competition Forecast & Opportunities, 2027

Saudi Arabia magnetic resonance imaging market is expected to witness a growth of an impressive CAGR in the forecast period, 2023-2027. Factors such as the surge in demand for the non-invasive methods of diagnosis of diseases and growing investments in the healthcare industry are driving market demand. Magnetic resonance imaging (MRI) is a medical imaging technique to identify physiological changes in the human body. It is a scientific method considered a part of radiology where medical equipment called MRI scanners are installed, the magnetic field is created around the human body in a controlled environment, and physiological processes being carried out inside the human body by using strong magnetic fields, magnetic field gradients, and radio waves. The magnetic field gradient and radio waves create an image of the organ analyzed, and experts or radiographers can read these images and explain any abnormalities in the radio images.

The Saudi Arabia magnetic resonance imaging market is segmented into field strength, type, architecture, source, application, end user, competitive landscape, and regional distribution. Based on field strength, the market is segmented into High-Field MRI Systems (1.5t MRI Systems, 3t MRI Systems), Low-To-Mid-Field MRI Systems (<1.5t), and Very-High-Field MRI Systems (4t and Above)). High-Field MRI Systems are expected to capture the highest market share in the forecast period, 2023-2027. Higher signal-to-noise ratio and advantages of contrast to noise ratio and spectral resolution for various applications are driving the segment demand.

The major market players operating in the Saudi Arabia magnetic resonance imaging market are GE Healthcare, Philips Healthcare Saudi Arabia, Siemens Medical Solutions USA Inc., Canon Medical Systems USA, Inc., and Hitachi Medical Systems America Inc.

Years considered for this report:

Historical Years: 2017-2020

Base Year: 2021

Estimated Year: 2022

Forecast Period: 2023–2027

Objective of the Study:

• To analyze the historical growth in the market size of the Saudi Arabia magnetic resonance imaging from 2017 to 2021.
• To estimate and forecast the market size of Saudi Arabia magnetic resonance imaging market from 2023 to 2027 and growth rate until 2027.
• To classify and forecast the Saudi Arabia magnetic resonance imaging market based on field strength, type, architecture, source, application, end user, region, and company.
• To identify the dominant region or segment in the Saudi Arabia magnetic resonance imaging market.
• To identify drivers and challenges for the Saudi Arabia magnetic resonance imaging market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the Saudi Arabia magnetic resonance imaging market.
• To identify and analyze the profiles of leading players operating in the Saudi Arabia magnetic resonance imaging market.
• To identify key sustainable strategies adopted by market players in Saudi Arabia magnetic resonance imaging market.

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the country. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers who could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the country.

TechSci Research calculated the market size of the Saudi Arabia magnetic resonance imaging market using a top-down approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these products and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

• Market research and consulting firms
• Government bodies such as regulating authorities and policy makers
• Organizations, forums, and alliances

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as product manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, Saudi Arabia magnetic resonance imaging market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

• Saudi Arabia Magnetic Resonance Imaging Market, By Field Strength:
• High-Field MRI Systems
• 1.5t MRI Systems
• 3t MRI Systems
• Low-To-Mid-Field MRI Systems (<1.5t),
• Very-High-Field MRI Systems (4t and Above)
• Saudi Arabia Magnetic Resonance Imaging Market, By Type:
• Fixed
• Mobile
• Saudi Arabia Magnetic Resonance Imaging Market, By Architecture:
• Closed MRI Systems
• Open MRI Systems
• Saudi Arabia Magnetic Resonance Imaging Market, By Source:
• Domestic
• Import
• Saudi Arabia Magnetic Resonance Imaging Market, By Application:
• Brain and Neurological
• Oncology
• Spine and Musculoskeletal
• Abdominal
• Cardiac
• Others
• Saudi Arabia Magnetic Resonance Imaging Market, By End User:
• Hospitals
• Imaging Centers
• Ambulatory Surgical Centers
• Others
• Saudi Arabia Magnetic Resonance Imaging Market, By Region:
• Southern Region
• Eastern Region
• Western Region
• Northern & Central region,

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Saudi Arabia magnetic resonance imaging market.:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

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