By 2030, it is anticipated that the Saudi Arabia Radiotherapy Market will reach a value of $210 Mn from $117 Mn in 2022, growing at a CAGR of 7.5% during 2022-30. The Radiotherapy Therapeutics Market in Saudi Arabia is dominated by a few domestic players such as IMCO Engineering & Construction Company, Saudi Technology and Equipment, and Cura Healthcare. The radiotherapy market in Saudi Arabia is segmented into different types, technologies, procedures, applications, and end-users. The major risk factors associated with awareness of radiotherapy shortage of skilled staff, government initiatives, and reimbursement policy. The demand for Saudi Arabia Radiotherapy is increasing on account of the rise in cancer cases in the country.
By 2030, it is anticipated that the Saudi Arabia Radiotherapy Market will reach a value of $210 Mn from $117 Mn in 2022, growing at a CAGR of 7.5% during 2022-30.
The Gulf region's largest country is the Kingdom of Saudi Arabia. Saudi Arabia is a Middle Eastern country with a high revenue that borders the Persian Gulf and the Red Sea. The Ministry of Health established the Saudi Cancer Registry (SCR), a population-based registry, in 1992. (MOH). In 2014, the Saudi Health Council's Department of National Registries in the National Center for Health Information took over SCR. The overall number of newly diagnosed cancer cases reported to the Saudi Cancer Registry (SCR) in 2016 was 17,602, according to the most recent SCR cancer incidence data. In 2021, there will be 364 Mega-Voltage Machines (MVMs) in 210 RT centers servicing a total population of 427.8 Mn.
Cancer is on the rise in Arab countries, and by 2030, the region's cancer cases are predicted to have increased 1.8-fold. Saudi Arabia's government spent 6.2% of its GDP on healthcare in 2020.
Market Growth Drivers Analysis
Cancer prevention, diagnosis, and treatment have all been prioritised by the Saudi Ministry of Health. Multiple public sectors, including the Ministry of Health, the Ministry of Higher Education through university hospitals, and specialised hospitals serving various governmental sectors (e.g., the Military, the National Guard Ministry, Arabian American Oil Company (ARAMCO), and the Ministry of Interior), provide oncology care throughout the Kingdom. In partnership with the Saudi National Cancer Center, the SLCA developed a set of guidelines tailored to our patient group, encompassing patient characteristics, disease biology, and the practice environment of systemic therapy for cancer. These aspects could boost Saudi Arabia's, Radiotherapy Market.
Market restrains.
In general, Saudi Arabia's radiation oncology facilities are developing, with more radiotherapy centres and precision technology than ever before, however, there is a substantial regional disparity in equipment distribution. With an increasing cancer burden both globally and locally, as well as a young population with an increasing life expectancy, the barriers to providing optimal healthcare are substantial. Although 80% of the region's countries have national cancer policies, only 45% of the programmes are operational. There is also a lack of research output on this subject, particularly in preventative cancer control measures. These factors may deter new entrants into the Saudi Arabia Radiotherapy Market.
Key Players
In Saudi Arabia, the regulations and reimbursement of radiotherapy are overseen by the Saudi Food and Drug Authority (SFDA) and the Council of Cooperative Health Insurance (CCHI). The SFDA is responsible for regulating the use of radiation in Saudi Arabia, including the use of radiotherapy. The Ministry of Health (MOH) regulates the Saudi healthcare system, and oncology services are available in a variety of public and private facilities around the kingdom. The Saudi Arabian national health insurance program, known as the General Organization for Social Insurance (GOSI), provides coverage for radiotherapy for eligible patients.
1. Executive Summary
1.1 Disease Overview
1.2 Global Scenario
1.3 Country Overview
1.4 Healthcare Scenario in Country
1.5 Patient Journey
1.6 Health Insurance Coverage in Country
1.7 Active Pharmaceutical Ingredient (API)
1.8 Recent Developments in the Country
2. Market Size and Forecasting
2.1 Epidemiology of Disease
2.2 Market Size (With Excel & Methodology)
2.3 Market Segmentation (Check all Segments in Segmentation Section)
3. Market Dynamics
3.1 Market Drivers
3.2 Market Restraints
4. Competitive Landscape
4.1 Major Market Share
4.2 Key Company Profile (Check all Companies in the Summary Section)
4.2.1 Company
4.2.1.1 Overview
4.2.1.2 Product Applications and Services
4.2.1.3 Recent Developments
4.2.1.4 Partnerships Ecosystem
4.2.1.5 Financials (Based on Availability)
5. Reimbursement Scenario
5.1 Reimbursement Regulation
5.2 Reimbursement Process for Diagnosis
5.3 Reimbursement Process for Treatment
6. Methodology and Scope
By Type (Revenue, USD Billion):
?By Technology (Revenue, USD Billion):
By Application (Revenue, USD Billion):
By End User (Revenue, USD Billion):
Methodology for Database Creation
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1. Secondary Research
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2. Primary Research
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Combining Secondary and Primary Research
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