Saudi Arabia Ultrasound Devices Market (2024-2030) | Forecast, Revenue, Share, Growth, Size, Industry, Analysis, Outlook, Companies, Trends & Value

Market Forecast By Type (Diagnostic Ultrasound Systems, Therapeutic Ultrasound Systems), By Device Display (Color Ultrasound Devices, Black & White (B/W) Ultrasound Devices), By Device Portabilty (Trolley/Cart-Based Ultrasound Devices, Compact/Handheld Ultrasound Devices), By Application (Radiology/General Imaging, Obstetrics/Gynaecology, Cardiology, Urology, Vascular, Others) And Competitive Landscape

Product Code: ETC062818 Publication Date: Jul 2023 Updated Date: May 2024 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

Saudi Arabia Ultrasound Devices Market Competition 2023

Saudi Arabia Ultrasound Devices market currently, in 2023, has witnessed an HHI of 2170, Which has decreased slightly as compared to the HHI of 2880 in 2017. The market is moving towards moderately competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.

 Saudi Arabia Ultrasound Devices Market Competition 2023

Saudi Arabia Export Potential Assessment For Ultrasound Devices Market (Values in USD Thousand)


Saudi Arabia Export Potential Assessment For Ultrasound Devices Market (Values in USD Thousand)

Topics Covered in Saudi Arabia Ultrasound Devices Market Report

The Saudi Arabia Ultrasound Devices Market Report thoroughly covers the market by type, device display, device portability, and application. The Saudi Arabia Ultrasound Devices Market Outlook report provides an unbiased and detailed analysis of the ongoing Saudi Arabia Ultrasound Devices Market trends, opportunities/high growth areas, and market drivers. This would help the stakeholders devise and align their market strategies according to the current and future market dynamics.

Saudi Arabia Ultrasound Devices Market Synopsis

Saudi Arabia Ultrasound Devices Market has been progressing faster and is projected to attain major success in the future on the back of the rising demand for non-invasive imaging devices, and rising government initiatives. The market is also facing some hindrances which it will overcome in the near future.

According to 6Wresearch, the Saudi Arabia Ultrasound Devices Market size is anticipated to expand at a CAGR of 10% during 2024-2030. The Saudi Arabia ultrasound devices market is primarily driven by the increasing demand for non-invasive imaging devices. Ultrasound devices are non-invasive, safe, and relatively inexpensive, which makes them an ideal choice for diagnosing various medical conditions. Furthermore, increasing government initiatives for the adoption of healthcare technology is also driving the demand for ultrasound devices. The Saudi Arabian healthcare sector is undergoing significant transformation, and ultrasound devices are expected to play a crucial role in this transformation. These factors are leading to the Saudi Arabia Ultrasound Devices Market Growth.

However, the Saudi Arabia ultrasound devices market is not without its challenges. One of the major challenges faced by the market is the lack of skilled professionals. Ultrasound devices require skilled healthcare professionals to operate them and interpret the results, and the shortage of such professionals is hindering the market’s growth. Additionally, the lack of adequate infrastructure and high cost of ultrasound devices are also limiting the growth of the market.

Ultrasound Devices Market in Saudi Arabia: Leading Companies

The Saudi Arabia ultrasound devices market is highly competitive and is dominated by several global and local players. Some of the key players operating in the market are GE Healthcare, Philips Healthcare, Siemens Healthineers, Samsung Medison, and Mindray. These players are continuously investing in research and development to introduce innovative products and maintain their market position.

Saudi Arabia Ultrasound Devices Industry: Government Initiatives

The Saudi Arabian government is taking several initiatives to drive the growth of the healthcare sector and adopt healthcare technology. The Vision 2030 initiative launched by the Saudi Arabian government aims to transform the country’s healthcare sector and provide world-class healthcare services to its citizens. Furthermore, the government is also focusing on increasing the number of healthcare professionals and developing advanced healthcare infrastructure across the country.

Market Segmentation by Type

According to Ravi Bhandari, Research Head, 6Wresearch, diagnostic ultrasound systems continue to dominate the Saudi Arabia ultrasound market by type. Diagnostic ultrasounds account for a significant share of the country's healthcare expenditure, mainly due to the high prevalence of chronic diseases and the increasing count of geriatric populations.

Key Attractiveness of the Report

  • 10 Years of Market Numbers.
  • Historical Data Starting from 2020 to 2023.
  • Base Year: 2023
  • Forecast Data until 2030.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report

  • Saudi Arabia Ultrasound Devices Market Outlook
  • Market Size of Saudi Arabia Ultrasound Devices Market, 2023
  • Forecast of Saudi Arabia Ultrasound Devices Market, 2030
  • Historical Data and Forecast of Saudi Arabia Ultrasound Devices Revenues & Volume for the Period 2020 - 2030
  • Saudi Arabia Ultrasound Devices Market Trend Evolution
  • Saudi Arabia Ultrasound Devices Market Drivers and Challenges
  • Saudi Arabia Ultrasound Devices Price Trends
  • Saudi Arabia Ultrasound Devices Porter's Five Forces
  • Saudi Arabia Ultrasound Devices Industry Life Cycle
  • Historical Data and Forecast of Saudi Arabia Ultrasound Devices Market Revenues & Volume By Type for the Period 2020 - 2030
  • Historical Data and Forecast of Saudi Arabia Ultrasound Devices Market Revenues & Volume By Diagnostic Ultrasound Systems for the Period 2020 - 2030
  • Historical Data and Forecast of Saudi Arabia Ultrasound Devices Market Revenues & Volume By Therapeutic Ultrasound Systems for the Period 2020 - 2030
  • Historical Data and Forecast of Saudi Arabia Ultrasound Devices Market Revenues & Volume By Device Display for the Period 2020 - 2030
  • Historical Data and Forecast of Saudi Arabia Ultrasound Devices Market Revenues & Volume By Color Ultrasound Devices for the Period 2020 - 2030
  • Historical Data and Forecast of Saudi Arabia Ultrasound Devices Market Revenues & Volume By Black & White (B/W) Ultrasound Devices for the Period 2020 - 2030
  • Historical Data and Forecast of Saudi Arabia Ultrasound Devices Market Revenues & Volume By Device Portabilty for the Period 2020 - 2030
  • Historical Data and Forecast of Saudi Arabia Ultrasound Devices Market Revenues & Volume By Trolley/Cart-Based Ultrasound Devices for the Period 2020 - 2030
  • Historical Data and Forecast of Saudi Arabia Ultrasound Devices Market Revenues & Volume By Compact/Handheld Ultrasound Devices for the Period 2020 - 2030
  • Historical Data and Forecast of Saudi Arabia Ultrasound Devices Market Revenues & Volume By Application for the Period 2020 - 2030
  • Historical Data and Forecast of Saudi Arabia Ultrasound Devices Market Revenues & Volume By Radiology/General Imaging for the Period 2020 - 2030
  • Historical Data and Forecast of Saudi Arabia Ultrasound Devices Market Revenues & Volume By Obstetrics/Gynaecology for the Period 2020 - 2030
  • Historical Data and Forecast of Saudi Arabia Ultrasound Devices Market Revenues & Volume By Cardiology for the Period 2020 - 2030
  • Historical Data and Forecast of Saudi Arabia Ultrasound Devices Market Revenues & Volume By Urology for the Period 2020 - 2030
  • Historical Data and Forecast of Saudi Arabia Ultrasound Devices Market Revenues & Volume By Vascular for the Period 2020 - 2030
  • Historical Data and Forecast of Saudi Arabia Ultrasound Devices Market Revenues & Volume By Others for the Period 2020 - 2030
  • Saudi Arabia Ultrasound Devices Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Device Display
  • Market Opportunity Assessment By Device Portabilty
  • Market Opportunity Assessment By Application
  • Saudi Arabia Ultrasound Devices Top Companies Market Share
  • Saudi Arabia Ultrasound Devices Competitive Benchmarking By Technical and Operational Parameters
  • Saudi Arabia Ultrasound Devices Company Profiles
  • Saudi Arabia Ultrasound Devices Key Strategic Recommendations

Market Scope and Segmentation

The report provides a detailed analysis of the following market segments:

By Type

  • Diagnostic Ultrasound Systems
  • Therapeutic Ultrasound Systems

By Device Display

  • Color Ultrasound Devices
  • Black & White (B/W) Ultrasound Devices

By Device Portability

  • Trolley/Cart-Based Ultrasound Devices
  • Compact/Handheld Ultrasound Devices

By Application

  • Radiology/General Imaging
  • Obstetrics/Gynaecology
  • Cardiology
  • Urology
  • Vascular
  • Others

Frequently Asked Questions About the Market Study (FAQs):
The Saudi Arabia Ultrasound Devices Market size is anticipated to expand at a CAGR of 10% during 2024-2030.
There are many factors contributing to the growth of the ultrasound devices market in Saudi Arabia. One of the main factors is the improving healthcare infrastructure in the country, which has led to an increase in the number of hospitals and clinics. Additionally, with the increasing geriatric population in the country, the demand for ultrasound devices used in various diagnostic procedures is also expected to rise.
One of the major challenges faced by the market is the lack of skilled professionals.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 Saudi Arabia Ultrasound Devices Market Overview

3.1 Saudi Arabia Country Macro Economic Indicators

3.2 Saudi Arabia Ultrasound Devices Market Revenues & Volume, 2020 & 2030F

3.3 Saudi Arabia Ultrasound Devices Market - Industry Life Cycle

3.4 Saudi Arabia Ultrasound Devices Market - Porter's Five Forces

3.5 Saudi Arabia Ultrasound Devices Market Revenues & Volume Share, By Type, 2020 & 2030F

3.6 Saudi Arabia Ultrasound Devices Market Revenues & Volume Share, By Device Display, 2020 & 2030F

3.7 Saudi Arabia Ultrasound Devices Market Revenues & Volume Share, By Device Portabilty, 2020 & 2030F

3.8 Saudi Arabia Ultrasound Devices Market Revenues & Volume Share, By Application, 2020 & 2030F

4 Saudi Arabia Ultrasound Devices Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Saudi Arabia Ultrasound Devices Market Trends

6 Saudi Arabia Ultrasound Devices Market, By Types

6.1 Saudi Arabia Ultrasound Devices Market, By Type

6.1.1 Overview and Analysis

6.1.2 Saudi Arabia Ultrasound Devices Market Revenues & Volume, By Type, 2020 - 2030F

6.1.3 Saudi Arabia Ultrasound Devices Market Revenues & Volume, By Diagnostic Ultrasound Systems, 2020 - 2030F

6.1.4 Saudi Arabia Ultrasound Devices Market Revenues & Volume, By Therapeutic Ultrasound Systems, 2020 - 2030F

6.2 Saudi Arabia Ultrasound Devices Market, By Device Display

6.2.1 Overview and Analysis

6.2.2 Saudi Arabia Ultrasound Devices Market Revenues & Volume, By Color Ultrasound Devices, 2020 - 2030F

6.2.3 Saudi Arabia Ultrasound Devices Market Revenues & Volume, By Black & White (B/W) Ultrasound Devices, 2020 - 2030F

6.3 Saudi Arabia Ultrasound Devices Market, By Device Portabilty

6.3.1 Overview and Analysis

6.3.2 Saudi Arabia Ultrasound Devices Market Revenues & Volume, By Trolley/Cart-Based Ultrasound Devices, 2020 - 2030F

6.3.3 Saudi Arabia Ultrasound Devices Market Revenues & Volume, By Compact/Handheld Ultrasound Devices, 2020 - 2030F

6.4 Saudi Arabia Ultrasound Devices Market, By Application

6.4.1 Overview and Analysis

6.4.2 Saudi Arabia Ultrasound Devices Market Revenues & Volume, By Radiology/General Imaging, 2020 - 2030F

6.4.3 Saudi Arabia Ultrasound Devices Market Revenues & Volume, By Obstetrics/Gynaecology, 2020 - 2030F

6.4.4 Saudi Arabia Ultrasound Devices Market Revenues & Volume, By Cardiology, 2020 - 2030F

6.4.5 Saudi Arabia Ultrasound Devices Market Revenues & Volume, By Urology, 2020 - 2030F

6.4.6 Saudi Arabia Ultrasound Devices Market Revenues & Volume, By Vascular, 2020 - 2030F

6.4.7 Saudi Arabia Ultrasound Devices Market Revenues & Volume, By Others, 2020 - 2030F

7 Saudi Arabia Ultrasound Devices Market Import-Export Trade Statistics

7.1 Saudi Arabia Ultrasound Devices Market Export to Major Countries

7.2 Saudi Arabia Ultrasound Devices Market Imports from Major Countries

8 Saudi Arabia Ultrasound Devices Market Key Performance Indicators

9 Saudi Arabia Ultrasound Devices Market - Opportunity Assessment

9.1 Saudi Arabia Ultrasound Devices Market Opportunity Assessment, By Type, 2020 & 2030F

9.2 Saudi Arabia Ultrasound Devices Market Opportunity Assessment, By Device Display, 2020 & 2030F

9.3 Saudi Arabia Ultrasound Devices Market Opportunity Assessment, By Device Portabilty, 2020 & 2030F

9.4 Saudi Arabia Ultrasound Devices Market Opportunity Assessment, By Application, 2020 & 2030F

10 Saudi Arabia Ultrasound Devices Market - Competitive Landscape

10.1 Saudi Arabia Ultrasound Devices Market Revenue Share, By Companies, 2023

10.2 Saudi Arabia Ultrasound Devices Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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