Increasing investment in diagnostic technologies are driving the growth of the Saudi Arabia CT scanner market in the forecast period, 2023-2027F.
According to TechSci report on, “Saudi Arabia CT Scanners Market – By Region, Competition, Forecast & Opportunities, 2027”, Saudi Arabia CT scanners market has shown promising growth in historical years until 2021 and is expected to continue its growth in forecast years 2023 to 2027. Saudi Arabia CT scanners market owes its growth to factors like the increasing geriatric population of the country. The geriatric population is more susceptible to chronic diseases, and their weaker immunity adds to the risk of getting infected with infectious diseases.
Also, increasing technological advancements in CT scanners are driving the growth of the Saudi Arabia CT scanners market in the upcoming five years. Availability of the multiple market players in the country and their increased production is further supporting the growth of the Saudi Arabia CT scanners market in the next five years. Increasing instances of cancer, neurological diseases and chronic diseases are further substantiating the growth of the Saudi Arabia CT scanners market in the future five years.
With increasing cases of such diseases, the population is also demanding the early diagnosis of the diseases, thereby aiding the growth of the Saudi Arabia CT scanners market in the forecast years until 2027. A surge in research and development of innovative products is also aiding the growth of the Saudi Arabia CT scanners market in the forecast period.
Although increased expenses of CT scanner devices and increasing advancement in other diagnostic equipment may hold back the growth of the market. However, increasing patient count and governmental support may overcome the hindrance and support the growth of the Saudi Arabia CT scanners market in the future five years.
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The Saudi Arabia CT scanners market segmentation is based on slice, modality, device architecture, application, end users, competitional landscape, and regional distribution. Based on slice, the market is segmented into 8-slice, 16-slice, 32-slice, 64-slice, 128-slice & above. 32-slices are anticipated to hold the largest revenue shares of the market and dominate the market segment in the upcoming five years on account of added advantages of the type like it reduces the scan times.
The 32-slices lower radiation doses further add to the preferences, therefore, driving the growth of the sub-segment along with the growth of the Saudi Arabia CT scanners market in the next five years. 8-slices CT scanners are also utilized to reduce the cost of the process though due to the lesser efficiency of the slices, the use of 8-slices is soon to be omitted in the near future.
On the basis of modality, the market is further bifurcated into fixed and mobile. Fixed CT scanners are expected to dominate the market on account of the increased installation of the same in hospitals and clinics. The increasing patient count in the hospitals and clinics further drives the growth of the sub-segment and growth of the Saudi Arabia CT scanners market in the upcoming five years.
Mobile CT scanners are expected to register the fastest growing CAGR in the next five years on the grounds of increasing utilization of portable devices in diagnostic centers and ambulatory surgical centers. Portable devices make it easier to move the device to the patient and doctor’s convenience, thereby supporting the growth of the sub-segment along with the growth of the Saudi Arabia CT scanners market in the future five years.
A partial list of major market players of the Saudi Arabia CT scanners market includes:
- GE Healthcare
- Philips Healthcare Saudi Arabia
- Medtronic Saudi Arabia
- Siemens Medical Solutions Saudi Arabia
- Canon Medical Systems Saudi Arabia
- Fujifilm Saudi Arabia
- Hitachi Medical Systems Saudi Arabia
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“CT scanner’s manufacturing in the Kingdom of Saudi Arabia is increasing and driving the growth of the Saudi Arabia CT scanners market in the next five years. Availability of the resources, increased investment through private and governmental support along with the cheap labor is anticipated to further support the Saudi Arabia CT scanners market growth. Applications of the device in the diagnosis of various diseases like cardiovascular diseases, cancer disease, neurological diseases, and research purposes are expected to substantiate the futuristic growth of the Saudi Arabia CT scanners market in the upcoming five years. Increasing instances of chronic diseases and poor lifestyle influenced diseases are expected to further aid the Saudi Arabia CT scanners market growth,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“Saudi Arabia CT Scanners Market By Slice (8-slice, 16-slice, 32-slice, 64-slice, 128-slice & above), By Modality (Fixed v/s Mobile), By Device Architecture (O-arm v/s C-arm), By Application (Cardiology, Oncology, Neurology, Others), By End Users (Hospitals, Diagnostic Centers, Others), By Region, Competition Forecast & Opportunities, 2027” has evaluated the future growth potential of Saudi Arabia CT scanners 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 CT scanners market.
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