Saudi Arabia: Diagnostic Equipment Market 2025

Diagnostic Equipment Market Size in Saudi Arabia

After two years of growth, the Saudi diagnostic equipment market decreased by -19.6% to $X in 2021. Overall, consumption, however, posted a resilient increase. As a result, consumption reached the peak level of $X, and then dropped markedly in the following year.

Diagnostic Equipment Production in Saudi Arabia

In value terms, diagnostic equipment production contracted markedly to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a prominent increase. The pace of growth was the most pronounced in 2020 with an increase of 78% against the previous year. As a result, production reached the peak level of $X, and then plummeted in the following year.

Diagnostic Equipment Exports

Exports from Saudi Arabia

In 2021, shipments abroad of electro-diagnostic apparatus, and ultra-violet or infra-red ray apparatus increased by 36% to X units, rising for the second year in a row after two years of decline. In general, exports, however, recorded a precipitous curtailment. The pace of growth was the most pronounced in 2017 with an increase of 160% against the previous year. Over the period under review, the exports reached the maximum at X units in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, diagnostic equipment exports soared to $X in 2021. Overall, exports, however, showed a deep slump. The most prominent rate of growth was recorded in 2017 with an increase of 134%. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Bahrain (X units) was the main destination for diagnostic equipment exports from Saudi Arabia, accounting for a 112% share of total exports. Moreover, diagnostic equipment exports to Bahrain exceeded the volume sent to the second major destination, Sudan (X units), fivefold. The Netherlands (X units) ranked third in terms of total exports with a 19% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Bahrain totaled -9.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sudan (-0.9% per year) and the Netherlands (-11.9% per year).

In value terms, Bahrain ($X), the Netherlands ($X) and Malaysia ($X) constituted the largest markets for diagnostic equipment exported from Saudi Arabia worldwide, with a combined 28% share of total exports.

Malaysia, with a CAGR of +1.9%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average diagnostic equipment export price stood at $X per unit in 2021, rising by 34% against the previous year. Over the period under review, the export price saw strong growth. The pace of growth appeared the most rapid in 2019 when the average export price increased by 161%. Over the period under review, the average export prices reached the maximum in 2021 and is likely to continue growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Jordan ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+28.4%), while the prices for the other major destinations experienced more modest paces of growth.

Diagnostic Equipment Imports

Imports into Saudi Arabia

In 2021, diagnostic equipment imports into Saudi Arabia stood at less than X units, approximately mirroring 2020. Overall, imports saw a relatively flat trend pattern.

In value terms, diagnostic equipment imports contracted markedly to $X in 2021. In general, imports posted a perceptible increase. The growth pace was the most rapid in 2019 with an increase of 51%. Imports peaked at $X in 2020, and then plummeted in the following year.

Imports by Country

The United Arab Emirates (X units), the Netherlands (X units) and Germany (X units) were the main suppliers of diagnostic equipment imports to Saudi Arabia, together accounting for 27% of total imports. Moreover, diagnostic equipment imports in the United Arab Emirates exceeded the figures recorded by the second-largest supplier, the Netherlands, twofold.

From 2012 to 2021, the biggest increases were recorded for the United Arab Emirates (with a CAGR of +193.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), the United Arab Emirates ($X) and Germany ($X) were the largest diagnostic equipment suppliers to Saudi Arabia, together comprising 79% of total imports.

The United Arab Emirates, with a CAGR of +53.2%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average diagnostic equipment import price amounted to less than $X per thousand units, stabilizing at the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per thousand units), while the price for Malaysia ($X per thousand units) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (+17.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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