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Saudi Arabia Diagnostic Labs Market, By Provider Type (Hospital Based v/s Stand Alone), By Test Type (Radiology v/s Pathology), By End User (Referrals, Walk-ins, Corporate Clients), By Region, Competition Forecast & Opportunities, 2027

Saudi Arabia Diagnostic Labs Market, By Provider Type (Hospital Based v/s Stand Alone), By Test Type (Radiology v/s Pathology), By End User (Referrals, Walk-ins, Corporate Clients), By Region, Competition Forecast & Opportunities, 2027

Saudi Arabia Diagnostic Labs market is valued at USD1546.81 million in 2021 and is expected to grow at a CAGR of 6.79% to reach a value of USD2339.67 million by 2027. Increasing healthcare expenditure by the government, rise in the number of laboratories, and surge in awareness among consumers about the benefits of preventive healthcare are the primary factors driving the demand for Saudi Arabia Diagnostic Labs market during the forecast period.
The rise in the efforts of the government to lower the dependency on the oil & gas industry and generate new revenue sources has led to huge investments for the development of the healthcare sector in the country. Also, owing to the increasing disposable income of the consumers, the demand for quality healthcare services is expected to grow. The outbreak of COVID-19 accelerated the growth of the Saudi Arabia Diagnostic Labs market to test the presence of novel coronavirus; preliminary and blood tests were in demand among the patients. The growing prevalence of cardiovascular diseases, gastrointestinal disorders, renal disorders, cancer, and other diseases requires laboratory tests to detect their presence and find a suitable treatment to cure the diseases efficiently. Moreover, people in the country are becoming aware of the ill effects of infectious diseases and are taking the help of diagnostic tests to remain healthy. Also, the rise in the geriatric population in the country who are prone to many diseases is further expected to accelerate the demand for the Saudi Arabia Diagnostic Labs market in the forecast period.
The Saudi Arabia Diagnostic Labs market is segmented based on provider type, test type, end user, company, and regional distribution. Based on provider type, the market is divided into Hospital Based and Stand Alone. Hospital Based is expected to hold the largest market share in the forecast period owing to the huge footfall of patients in hospital facilities and the huge expenditure on diagnostic labs in hospitals. The presence of skilled healthcare professionals, specialized departments, and costly equipment in hospital laboratories is also driving the segmental growth.
The major players operating in Saudi Arabia Diagnostic Labs market are Al Borg Medical Laboratories, Delta Medical Laboratories, Al-Farabi Medical Laboratories, Alfa Medical Laboratories, Medical Diagnostic Labs, Roya Specialized Medical Laboratories, Tibyana Medical Laboratories, Al Hyatt Medical Laboratory Company, Advanced Cell Laboratory for Medical Analysis Company, and Al-Arab Medical Laboratories.

Years considered for this report:
Historical Years: 2017-2020
Base Year: 2021
Estimated Year: 2022E
Forecast Period: 2023F–2027F

Objective of the Study:
•To analyze the historical growth in the the market size of Saudi Arabia Diagnostic Labs market from 2017 to 2021.
•To estimate and forecast the market size of Saudi Arabia Diagnostic Labs market from 2022E to 2027F and growth rate until 2027F.
•To classify and forecast Saudi Arabia Diagnostic Labs market based on provider type, test type, end user, region, and company.
•To identify dominant region or segment in the Saudi Arabia Diagnostic Labs market.
•To identify drivers and challenges for Saudi Arabia Diagnostic Labs market.
•To examine competitive developments such as expansions, new services, mergers & acquisitions, etc., in Saudi Arabia Diagnostic Labs market.
•To identify and analyze the profile of leading players operating in Saudi Arabia Diagnostic Labs market.
•To identify key sustainable strategies adopted by market players in Saudi Arabia Diagnostic Labs market.
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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of service providers across Saudi Arabia. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the service providers who could not be identified due to the limitations of secondary research. TechSci Research analyzed the service providers, and presence of all major players across the Saudi Arabia.
TechSci Research calculated the market size of Saudi Arabia Diagnostic Labs market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these services for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:
•Diagnostic labs service providers
•Market research and consulting firms
•Government bodies such as regulating authorities and policy makers
•Organizations, forums and alliances related to diagnostic labs market
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers, partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:
In this report, Saudi Arabia Diagnostic Labs market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
•Saudi Arabia Diagnostic Labs Market, By Provider Type:
oHospital Based
oStand Alone
•Saudi Arabia Diagnostic Labs Market, By Test Type:
oPathology
oRadiology
•Saudi Arabia Diagnostic Labs Market, By End User:
oReferrals
oWalk-ins
oCorporate Clients
•Saudi Arabia Diagnostic Labs Market, By Region:
oNorthern & Central
oWestern
oSouthern
oEastern

Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in Saudi Arabia Diagnostic Labs market.
Available Customizations:
With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:
Company Information
•Detailed analysis and profiling of additional market players (up to five).
Table of Contents

1.Product Overview
2.Research Methodology
3.Impact of COVID-19 on Saudi Arabia Diagnostic Labs Market
4.Executive Summary
5.Voice of Customers
5.1.Brand Awareness
5.2.Factors Affecting Choice of Diagnostic Laboratory
5.3.Preference Among Population, By Provider Type
6.Saudi Arabia Diagnostic Labs Market Outlook
6.1.Market Size & Forecast
6.1.1.By Value
6.2.Market Share & Forecast
6.2.1.By Provider Type (Hospital Based v/s Stand Alone)
6.2.2.By Test Type (Radiology v/s Pathology)
6.2.3.By End User (Referrals, Walk-ins, Corporate Clients)
6.2.4.By Region
6.2.5.By Company (2021)
6.3.Product Market Map
6.3.1.By Provider Type
6.3.2.By Test Type
6.3.3.By Region
7.Saudi Arabia Hospital Based Diagnostic Labs Market Outlook
7.1.Market Size & Forecast
7.1.1.By Value
7.2.Market Share & Forecast
7.2.1.By Test Type
7.2.2.By End User
8.Saudi Arabia Stand Alone Diagnostic Labs Market Outlook
8.1.Market Size & Forecast
8.1.1.By Value
8.2.Market Share & Forecast
8.2.1.By Test Type
8.2.2.By End User
9.Market Dynamics
9.1.Drivers
9.2.Challenges
10.Market Trends & Developments
11.Policy and Regulatory Landscape
12.Saudi Arabia Economic Profile
13.Digitalization Across Laboratories in Saudi Arabia
14.List of Diagnostic Labs in Saudi Arabia, By Region
15.Pricing Analysis of Different Tests Offered by Top Five Players
16.Competitive Landscape
16.1.Competition Outlook
16.2.Company Profiles
16.2.1.Al Borg Medical Laboratories
16.2.2.Delta Medical Laboratories
16.2.3.Al-Farabi Medical Laboratories
16.2.4.Alfa Medical Laboratories
16.2.5.Medical Diagnostic Labs
16.2.6.Roya Specialized Medical Laboratories
16.2.7.Tibyana Medical Laboratories
16.2.8.Al Hyatt Medical Laboratory Company
16.2.9.Advanced Cell Laboratory for Medical Analysis Company
16.2.10.Al-Arab Medical Laboratories
17.Strategic Recommendations
List of Figure
Figure 1: Saudi Arabia Diagnostic Labs Market Size, By Value (USD Million), 2017-2027F

Figure 2: Saudi Arabia Diagnostic Labs Market Share, By Provider Type, By Value, 2017-2027F
Figure 3: Saudi Arabia Diagnostic Labs Market Share, By Test Type, By Value, 2017-2027F
Figure 4: Saudi Arabia Diagnostic Labs Market Share, By End User, By Value, 2017-2027F
Figure 5: Saudi Arabia Diagnostic Labs Market Share, By Region, By Value, 2017-2027F
Figure 6: Saudi Arabia Diagnostic Labs Market Share, By Company, By Value, 2021
Figure 7: Saudi Arabia Diagnostic Labs Market Map, By Provider Type, Market Size (USD Million) & Growth Rate (%), 2021
Figure 8: Saudi Arabia Diagnostic Labs Market Map, By Test Type, Market Size (USD Million) & Growth Rate (%), 2021
Figure 9: Saudi Arabia Diagnostic Labs Market Map, By Region, Market Size (USD Million) & Growth Rate (%), 2021
Figure 10: Saudi Arabia Hospital Based Diagnostic Labs Market Size, By Value (USD Million), 2017-2027F
Figure 11: Saudi Arabia Hospital Based Diagnostic Labs Market Share, By Test Type, By Value, 2017-2027F
Figure 12: Saudi Arabia Diabetes Estimates in Thousands (20-79Y), 2011, 2021, 2030, 2045
Figure 13: Saudi Arabia Hospital Based Diagnostic Labs Market Share, By End User, By Value, 2017-2027F
Figure 14: Saudi Arabia Geriatric Population (Aged 65 & Above) As a Percent of Total Population, 2016-2020
Figure 15: Saudi Arabia Stand Alone Diagnostic Labs Market Size, By Value (USD Million), 2017-2027F
Figure 16: Saudi Arabia Stand Alone Diagnostic Labs Market Share, By Test Type, By Value, 2017-2027F
Figure 17: Total Number of Hospitals in Saudi Arabia, 2015-2020
Figure 18: Saudi Arabia Stand Alone Diagnostic Labs Market Share, By End User, By Value, 2017-2027F

Report Title: Saudi Arabia Diagnostic Labs Market, By Provider Type (Hospital Based v/s Stand Alone), By Test Type (Radiology v/s Pathology), By End User (Referrals, Walk-ins, Corporate Clients), By Region, Competition Forecast & Opportunities, 2027


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