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Market Outlook

The Saudi Arabia Medical Tourism Market is set for remarkable expansion, with its value projected to grow from USD 0.16 billion in 2023 to an estimated USD 0.54 billion by 2029, reflecting a compound annual growth rate of 22.52% during the forecast period. This rapid growth is primarily driven by government initiatives under Vision 2030, which focus on transforming the Kingdom into a global healthcare destination. Investments in world-class healthcare infrastructure, including stat

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Outbound Travel and Tourism Market in GCC

Base Year: 2024

Historical Years: 2019-2024

Forecast Years: 2025-2033

Market Size in 2024USD 70.5 Billion

Market Size in 2033USD 138.1 Billion

Market Growth Rate (CAGR) 2025-2033: 7.1%

According to IMARC Group's report titled "GCC Outbound Travel and Tourism Market Report and Forecast 2025-2033," the market reached USD 70.5 billion in 2024. Looking forward, IMARC Group expects the market to reach USD 138.1 billion by 2033, exhibiting a growth rate (CAGR) of

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Market Outlook

The Saudi Arabia Mobility Aid Medical Devices Market is set to witness significant growth during the forecast period, driven by a rising demand for innovative and effective mobility solutions. An aging population, with seniors facing age-related mobility challenges such as arthritis and osteoporosis, is a crucial growth catalyst. Additionally, the growing prevalence of disabilities and health conditions like spine injuries and post-operative rehabilitation is increasing demand for

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The rising construction of residential, commercial, and public infrastructure, coupled with the increasing government initiatives and investments, and growing demand for various construction equipment rentals such as mobile cranes, excavators, loaders, etc., are the prominent factors driving the growth of Indonesia Construction Equipment Rental Industry.

Indonesia Construction Equipment Rental Industry Overview 2023-28

The Indonesia Construction Equipment Rental Market size was valued at around

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Market Outlook

The Saudi Arabia Ophthalmic Equipment Market was valued at USD 1.06 billion in 2022 and is poised for significant growth, with an anticipated CAGR of 4.87% through 2028. This impressive expansion stems from the rising prevalence of ophthalmic disorders such as cataracts, glaucoma, and retinal detachment, fueled by an aging population and increased rates of lifestyle-related diseases like diabetes. Saudi Arabia’s growing healthcare infrastructure, combined with government initiative

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The global energy drinks market is witnessing rapid growth, fueled by the increasing demand for functional beverages and the rising popularity of active and fitness-driven lifestyles. Energy drinks, known for their ability to boost energy and enhance performance, are gaining traction across diverse consumer demographics. This article delves into the latest trends, opportunities, and forecasts shaping the global energy drinks market.

Energy Drinks Market Size and Growth Forecast

Global Energy Drink

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The global interactive kiosk market is projected to achieve a valuation of $51.6 billion by 2030, growing at a compound annual growth rate (CAGR) of 7.5% from its estimated value of $33.4 billion in 2024. This remarkable growth is attributed to the convenience these kiosks offer over traditional shopping methods, increasing internet connectivity in developing regions, and the rising trend of on-the-go shopping. Additionally, the expansion of urban areas and advancements in human-machine interfac

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Market Outlook for Vietnam Over The Counter (OTC) Drugs Market

The Vietnam Over The Counter (OTC) Drugs Market, valued at USD 2.11 million in 2023, is set to grow substantially with a projected CAGR of 5.50% through 2029. This growth is underpinned by a combination of socio-economic advancements and evolving consumer preferences, making OTC medications a critical component of Vietnam’s healthcare ecosystem.

Increasing Awareness Around Health and Wellness

The increasing awareness around health and w

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Market Outlook for Vietnam Telemedicine Market

The Vietnam Telemedicine Market, valued at USD 242.12 million in 2023, is poised for significant growth with an expected CAGR of 7.48% during 2023-2029. This robust expansion is fueled by the increasing adoption of telemedicine as both healthcare providers and patients seek more convenient, efficient, and cost-effective solutions.

Rising Demand for Digital Health Platforms

The telemedicine market in Vietnam benefits from the rising demand for digital h

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Market Outlook for the Vietnam Vitamin & Mineral Premixes Market

The Vietnam Vitamin & Mineral Premixes Market, valued at USD 18.30 million in 2023, is expected to grow to USD 26.54 million by 2029, with a CAGR of 6.35%. This growth is driven by increasing health awareness, rising demand for fortified foods, and supportive government initiatives. Consumers are prioritizing health, boosting demand for fortified products like dietary supplements and functional beverages. The expanding food and beve

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Market Outlook for the UAE Cardiovascular Devices Market

The UAE Cardiovascular Devices Market, valued at USD 0.59 billion in 2022, is set to experience significant growth, projected to expand at a CAGR of 5.11% through 2028. This growth is driven by the increasing prevalence of cardiovascular diseases, advancements in medical technology, and government-led investments in healthcare infrastructure.

Increasing Prevalence of Cardiovascular Diseases

Cardiovascular diseases are a leading cause of morbi

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Market Outlook for the UAE Cancer Diagnostics Market

The UAE Cancer Diagnostics Market, valued at USD 537.23 million in 2023, is poised for robust growth, projected to reach USD 767.29 million by 2029 with a CAGR of 6.28%. This positive trajectory is fueled by rising cancer prevalence, a surge in technological advancements, and strategic government initiatives aimed at healthcare modernization.

Cancer is an increasingly critical public health issue in the UAE, driven by factors such as aging demog

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Market Outlook for the UAE Bronchoscope Market

The UAE Bronchoscope Market, valued at USD 23.35 million in 2023, is set to witness steady growth, with a projected CAGR of 5.12% through 2029. This upward trajectory is fueled by the increasing prevalence of respiratory diseases, ongoing technological advancements in bronchoscopy, and significant investments in the healthcare sector under government initiatives.

Increasing Prevalence of Respiratory Diseases

Respiratory conditions such as chronic obstr

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The global activated carbon market is experiencing significant growth, driven by increasing demand for water purification, air filtration, and industrial applications. With its unique adsorption properties, activated carbon plays a crucial role in addressing environmental and industrial challenges. This article explores the latest trends, opportunities, and forecasts in the global activated carbon market.

Activated Carbon Market Size and Growth Forecast

Activated Carbon Market size was valued at U

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Market Outlook for the UAE Blood Glucose Monitoring Devices Market

The UAE Blood Glucose Monitoring Devices Market, valued at USD 0.14 billion in 2022, is projected to grow at a significant CAGR of 8.24% through 2028. This notable expansion is driven by the increasing prevalence of diabetes, advancements in glucose monitoring technologies, and strengthened healthcare policies under government initiatives.

Rising Diabetes Burden

The UAE faces a rising diabetes burden due to a combination of lifestyl

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The global 3D cell culture market is witnessing substantial growth as researchers and healthcare professionals increasingly adopt advanced cell culture technologies for drug discovery, cancer research, and regenerative medicine. With its ability to mimic in vivo environments, 3D cell culture is revolutionizing the way scientists study cell behavior and disease models. This article delves into the latest trends, opportunities, and forecasts in the global 3D cell culture market.

3D Cell Culture Mar

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Market Outlook for the Saudi Arabia Contract Manufacturing Organizations Market

The Saudi Arabia Contract Manufacturing Organizations (CMOs) Market is set to experience remarkable growth, with a projected CAGR of 8.62% through 2028. This expansion is driven by a combination of factors including increasing pharmaceutical demand, burgeoning government support for local manufacturing, and the growing significance of CMOs within the pharmaceutical supply chain.

The rising prevalence of chronic disease

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Market Outlook for the Saudi Arabia Clinical Nutrition Market

The Saudi Arabia Clinical Nutrition Market, valued at USD 0.80 billion in 2023, is projected to reach USD 1.25 billion by 2029, growing at an impressive CAGR of 7.89% during the forecast period. This growth underscores the rising demand for tailored nutritional solutions amidst increasing health concerns and evolving dietary needs across the Kingdom.

A key driver for the market's expansion is the growing awareness surrounding the import

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Market Outlook for the Global Precision Dosing Market

The Global Precision Dosing Market was valued at USD 180.22 million in 2023 and is projected to grow significantly, with an impressive CAGR of 7.61% through 2029. This growth reflects the increasing demand for personalized medicine, which aims to optimize patient outcomes by tailoring drug doses to individual needs. For instance, the global personalized medicine market was valued at USD 529.28 billion in 2023, driven by the rising incidence of

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Market Outlook for the Global Medical Endoscope Image Processor Market

The Global Medical Endoscope Image Processor Market was valued at USD 1.48 billion in 2022 and is projected to grow at a notable CAGR of 7.30%, reaching impressive numbers by 2028. This growth is driven by rising demand for minimally invasive procedures, coupled with advancements in image processing technologies that enhance diagnostic and therapeutic capabilities.

 

Medical endoscope image processors are integral to high-defini

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Protecht is excited to announce a significant investment from PSG, a leading growth equity firm that specializes in partnering with high-growth software companies. This investment marks a key milestone in our journey, enabling us to accelerate innovation, expand our global reach, and continue delivering best-in-class risk management solutions to our customers, partners, and stakeholders.

Growth Equity Firm PSG invests US $280 Million in…

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On Thursday 13 March 2025, The Conduit London will host Insurance in a Changing World, a landmark conference held in the heart of London’s West End in collaboration with Howden Insurance. Bringing together more than 300 high-level leaders from cornerstone industries, including technology, insurance, risk management, philanthropic, energy and finance, this full-day gathering will explore the potential for insurance as a driver of economic growth and…

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Community Guidlines


GlobalRisk Community Guidelines

The purpose of the Global Risk Community is to foster business, networking, and educational exploration among members. We reserve the right to remove any content or to ban a participant who does not follow the spirit of our…

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The quick start guide


Dear New Member,
We're super excited to have you as part of our community. Feel free to invite new people, participate in discussions, activities and share knowledge. 

Special Bonus for new member:

20% off the…

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