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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X-Ray Systems Market"
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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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