Saudi Arabia Magnetic Resonance Imaging Market Report and Forecast 2025-2034
Description
The Saudi Arabia magnetic resonance imaging market size was valued at USD 247.35 Million in 2024, driven by the rise in the geriatric population and chronic diseases across Saudi Arabia. The market size is anticipated to grow at a CAGR of 4.50% during the forecast period of 2025-2034 to achieve a value of USD 384.13 Million by 2034.
Magnetic Resonance Imaging: Introduction
Magnetic resonance imaging (MRI) is a medical imaging technique in which a magnetic field and computer-generated radio waves is used to create thorough detailed images of the organs and tissues that are present in human body. Generally, MRI machines are large and tube-shaped magnets. To perform the diagnosis, the patient is asked to lay down inside an MRI machine, the magnetic field then temporarily realigns water molecules in the patient’s body. The radio waves cause the faint signal production of the aligned atoms which are used to create cross-sectional MRI images. It is frequently used to examine brain and spinal cord. It is also used to diagnose stroke, tumors, eye and ear disorders, multiple sclerosis, aneurysms of cerebral vessels.
The functional MRI of the brain (fMRI) is a specific technique which generates images of blood flow to particular parts of the brain. This is used to identify the important language and movement control areas in the brains of people that are considered for brain surgery. It can also identify damage from a head injury or disorders such as Alzheimer's.
Saudi Arabia Magnetic Resonance Imaging Market Analysis
The rising prevalence of cancer such as breast cancer, prostate cancer, and colorectal cancer, among others, along with new product launches to help cure such conditions have been aiding the Saudi Arabia magnetic resonance imaging market expansion.
Additionally, the campaign launching in order to spread awareness about cancer in the country is expected to elevate the demand of diagnostic modalities to treat cancer and support the market growth. Due to the positive reviews generated by Saudi Arabian physicians and radiologists about PACS system, there is an increased sense of trust and satisfaction among the patients for MRIs. Therefore, these positive view of PACS toward imaging modalities are also expected to create new opportunities for diagnostic imaging in Saudi Arabia and expand the market growth further.
Saudi Arabia Magnetic Resonance Imaging Market Segmentations
Saudi Arabia Magnetic Resonance Imaging Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Field Strength
The rising prevalence of neurological and brain diseases and disorders are primarily driving the growth of the market. The rising cases of cancer across the nation and surgery being the general mode of treatment, the demand for magnetic resonance imaging has been on a rise in Saudi Arabia. Increasing awareness about the effectiveness of magnetic resonance imaging is considered to support the Saudi Arabia magnetic resonance imaging market growth.
The robust promotion by Saudi Arabia government to promote medical tourism as a part of its economic diversification strategy has been intensifying the market growth. The patients seeking advanced healthcare services, including diagnostic imaging are the target population of the government. The high availability of state-of-the-art MRI systems and high-quality imaging services in Saudi Arabian hospitals have directly been contributing to the magnetic resonance imaging (MRI) market expansion, attracting both domestic and international patients.
Saudi Arabia Magnetic Resonance Imaging Market: Competitor Landscape
The key features of the market report include patent analysis, grants analysis, clinical trials analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players. The major companies in the market are as follows:
Magnetic Resonance Imaging: Introduction
Magnetic resonance imaging (MRI) is a medical imaging technique in which a magnetic field and computer-generated radio waves is used to create thorough detailed images of the organs and tissues that are present in human body. Generally, MRI machines are large and tube-shaped magnets. To perform the diagnosis, the patient is asked to lay down inside an MRI machine, the magnetic field then temporarily realigns water molecules in the patient’s body. The radio waves cause the faint signal production of the aligned atoms which are used to create cross-sectional MRI images. It is frequently used to examine brain and spinal cord. It is also used to diagnose stroke, tumors, eye and ear disorders, multiple sclerosis, aneurysms of cerebral vessels.
The functional MRI of the brain (fMRI) is a specific technique which generates images of blood flow to particular parts of the brain. This is used to identify the important language and movement control areas in the brains of people that are considered for brain surgery. It can also identify damage from a head injury or disorders such as Alzheimer's.
Saudi Arabia Magnetic Resonance Imaging Market Analysis
The rising prevalence of cancer such as breast cancer, prostate cancer, and colorectal cancer, among others, along with new product launches to help cure such conditions have been aiding the Saudi Arabia magnetic resonance imaging market expansion.
Additionally, the campaign launching in order to spread awareness about cancer in the country is expected to elevate the demand of diagnostic modalities to treat cancer and support the market growth. Due to the positive reviews generated by Saudi Arabian physicians and radiologists about PACS system, there is an increased sense of trust and satisfaction among the patients for MRIs. Therefore, these positive view of PACS toward imaging modalities are also expected to create new opportunities for diagnostic imaging in Saudi Arabia and expand the market growth further.
Saudi Arabia Magnetic Resonance Imaging Market Segmentations
Saudi Arabia Magnetic Resonance Imaging Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Field Strength
- High-Field MRI Systems
- Low-to-Mid Field MRI Systems
- Very-High-Field MRI Systems
- Fixed
- Mobile
- Closed
- Open
- Import
- Domestic
- Brain and Neurological
- Oncology
- Spine and Musculoskeletal
- Abdominal
- Cardiac
- Others
- Northern and Central
- Western
- Southern
- Eastern
The rising prevalence of neurological and brain diseases and disorders are primarily driving the growth of the market. The rising cases of cancer across the nation and surgery being the general mode of treatment, the demand for magnetic resonance imaging has been on a rise in Saudi Arabia. Increasing awareness about the effectiveness of magnetic resonance imaging is considered to support the Saudi Arabia magnetic resonance imaging market growth.
The robust promotion by Saudi Arabia government to promote medical tourism as a part of its economic diversification strategy has been intensifying the market growth. The patients seeking advanced healthcare services, including diagnostic imaging are the target population of the government. The high availability of state-of-the-art MRI systems and high-quality imaging services in Saudi Arabian hospitals have directly been contributing to the magnetic resonance imaging (MRI) market expansion, attracting both domestic and international patients.
Saudi Arabia Magnetic Resonance Imaging Market: Competitor Landscape
The key features of the market report include patent analysis, grants analysis, clinical trials analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players. The major companies in the market are as follows:
- General Electric El Seif Healthcare Arabia Co. Ltd.,
- Toshiba Corporation
- FUJIFILM Holdings Corporation
- Hitachi Saudi Arabia, Ltd.
- Medtronic Saudi Arabia Co.
- Siemens Ltd. Saudi Arabia
- Philips Healthcare Saudi Arabia Ltd.
- Esaote SpA
Table of Contents
200 Pages
- 1 Preface
- 1.1 Objectives of the Study
- 1.2 Key Assumptions
- 1.3 Report Coverage – Key Segmentation and Scope
- 1.4 Research Methodology
- 2 Executive Summary
- 3 Saudi Arabia Magnetic Resonance Imaging Market Overview
- 3.1 Saudi Arabia Magnetic Resonance Imaging Market Historical Value (2018-2024)
- 3.2 Saudi Arabia Magnetic Resonance Imaging Market Forecast Value (2025-2034)
- 4 Saudi Arabia Magnetic Resonance Imaging Market Landscape
- 4.1 Saudi Arabia Magnetic Resonance Imaging Developers Landscape
- 4.1.1 Analysis by Year of Establishment
- 4.1.2 Analysis by Company Size
- 4.1.3 Analysis by Region
- 4.2 Saudi Arabia Magnetic Resonance Imaging Product Landscape
- 4.2.1 Analysis by Field Strength
- 4.2.2 Analysis by Type
- 4.2.3 Analysis by Architecture
- 4.2.4 Analysis by Source
- 4.2.5 Analysis by Application
- 5 Saudi Arabia Magnetic Resonance Imaging Market Dynamics
- 5.1 Market Drivers and Constraints
- 5.2 SWOT Analysis
- 5.3 Porter’s Five Forces Model
- 5.4 Key Demand Indicators
- 5.5 Key Price Indicators
- 5.6 Industry Events, Initiatives, and Trends
- 5.7 Value Chain Analysis
- 6 Saudi Arabia Magnetic Resonance Imaging Market Segmentation
- 6.1 Saudi Arabia Magnetic Resonance Imaging Market by Field Strength
- 6.1.1 Market Overview
- 6.1.2 High-Field MRI Systems
- 6.1.3 Low-to-Mid Field MRI Systems
- 6.1.4 Very-High-Field MRI Systems
- 6.2 Saudi Arabia Magnetic Resonance Imaging Market by Type
- 6.2.1 Market Overview
- 6.2.2 Fixed
- 6.2.3 Mobile
- 6.3 Saudi Arabia Magnetic Resonance Imaging Market by Architecture
- 6.3.1 Market Overview
- 6.3.2 Closed
- 6.3.3 Open
- 6.4 Saudi Arabia Magnetic Resonance Imaging Market by Source
- 6.4.1 Market Overview
- 6.4.2 Import
- 6.4.3 Domestic
- 6.5 Saudi Arabia Magnetic Resonance Imaging Market by Application
- 6.5.1 Market Overview
- 6.5.2 Brain and Neurological
- 6.5.3 Oncology
- 6.5.4 Spine and Musculoskeletal
- 6.5.5 Abdominal
- 6.5.6 Cardiac
- 6.5.7 Others
- 6.6 Saudi Arabia Magnetic Resonance Imaging Market By Region
- 6.6.1 Market Overview
- 6.6.2 Northern and Central
- 6.6.3 Western
- 6.6.4 Southern
- 6.6.5 Eastern
- 7 Patent Analysis
- 7.1 Analysis by Type of Patent
- 7.2 Analysis by Publication year
- 7.3 Analysis by Issuing Authority
- 7.4 Analysis by Patent Age
- 7.5 Analysis by CPC Analysis
- 7.6 Analysis by Patent Valuation
- 7.7 Analysis by Key Players
- 8 Grants Analysis
- 8.1 Analysis by year
- 8.2 Analysis by Amount Awarded
- 8.3 Analysis by Issuing Authority
- 8.4 Analysis by Grant Application
- 8.5 Analysis by Funding Institute
- 8.6 Analysis by NIH Departments
- 8.7 Analysis by Recipient Organization
- 9 Funding Analysis
- 9.1 Analysis by Funding Instances
- 9.2 Analysis by Type of Funding
- 9.3 Analysis by Funding Amount
- 9.4 Analysis by Leading Players
- 9.5 Analysis by Leading Investors
- 9.6 Analysis by Geography
- 10 Partnership and Collaborations Analysis
- 10.1 Analysis by Partnership Instances
- 10.2 Analysis by Type of Partnership
- 10.3 Analysis by Leading Players
- 10.4 Analysis by Geography
- 11 Regulatory Framework
- 11.1 Regulatory Overview
- 11.1.1 US FDA
- 11.1.2 EU EMA
- 11.1.3 INDIA CDSCO
- 11.1.4 JAPAN PMDA
- 11.1.5 Others
- 12 Supplier Landscape
- 12.1 General Electric El Seif Healthcare Arabia Co. Ltd.,
- 12.1.1 Financial Analysis
- 12.1.2 Product Portfolio
- 12.1.3 Demographic Reach and Achievements
- 12.1.4 Mergers and Acquisitions
- 12.1.5 Certifications
- 12.2 Toshiba Corporation
- 12.2.1 Financial Analysis
- 12.2.2 Product Portfolio
- 12.2.3 Demographic Reach and Achievements
- 12.2.4 Mergers and Acquisitions
- 12.2.5 Certifications
- 12.3 FUJIFILM Holdings Corporation
- 12.3.1 Financial Analysis
- 12.3.2 Product Portfolio
- 12.3.3 Demographic Reach and Achievements
- 12.3.4 Mergers and Acquisitions
- 12.3.5 Certifications
- 12.4 Hitachi Saudi Arabia, Ltd.
- 12.4.1 Financial Analysis
- 12.4.2 Financial Portfolio
- 12.4.3 Demographic Reach and Achievements
- 12.4.4 Mergers and Acquisitions
- 12.4.5 Certifications
- 12.5 Medtronic Saudi Arabia Co.
- 12.5.1 Financial Analysis
- 12.5.2 Product Portfolio
- 12.5.3 Demographic Reach and Achievements
- 12.5.4 Mergers and Acquisitions
- 12.5.5 Certifications
- 12.6 Siemens Ltd. Saudi Arabia
- 12.6.1 Financial Analysis
- 12.6.2 Product Portfolio
- 12.6.3 Demographic Reach and Achievements
- 12.6.4 Mergers and Acquisitions
- 12.6.5 Certifications
- 12.7 Philips Healthcare Saudi Arabia Ltd.
- 12.7.1 Financial Analysis
- 12.7.2 Product Portfolio
- 12.7.3 Demographic Reach and Achievements
- 12.7.4 Mergers and Acquisitions
- 12.7.5 Certifications
- 12.8 Esaote SpA
- 12.8.1 Financial Analysis
- 12.8.2 Product Portfolio
- 12.8.3 Demographic Reach and Achievements
- 12.8.4 Mergers and Acquisitions
- 12.8.5 Certifications
- 13 Saudi Arabia Magnetic Resonance Imaging Market - Distribution Model (Additional Insight)
- 13.1 Overview
- 13.2 Potential Distributors
- 13.3 Key Parameters for Distribution Partner Assessment
- 14 Key Opinion Leaders (KOL) Insights (Additional Insight)
- 15 Company Competitiveness Analysis (Additional Insight)
- 15.1 Very Small Companies
- 15.2 Small Companies
- 15.3 Mid-Sized Companies
- 15.4 Large Companies
- 15.5 Very Large Companies
- 16 Payment Methods (Additional Insight)
- 16.1 Government Funded
- 16.2 Private Insurance
- 16.3 Out-of-Pocket
Pricing
Currency Rates
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