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The Global Healthcare AI Market Report 2024 offers an in-depth analysis of market trends, growth drivers, and competitive landscapes across various regions, including North America, Europe, and Asia-Pacific. It covers market segmentation by type and application, providing forecasts and insights into key players and their strategies. The report aims to deliver tailored research solutions to meet specific customer needs in this rapidly evolving sector.
United International Holding Co., a Saudi financial services firm, saw its $264 million initial public offering fully subscribed within minutes of opening. Demand spanned the price range of 120 to 132 riyals per share, with its parent company, United Electronics Co. (Extra), selling a 30% stake through 7.5 million shares.
Foreign investors are increasingly drawn to Saudi Arabia's Future Investment Initiative, yet face stricter conditions and a competitive landscape for capital amid lower oil prices. The kingdom's focus on domestic investment and a new headquarters law for foreign firms reflect a shift towards value-added partnerships. Despite regional tensions, local investor confidence remains strong, with the Tadawul All Shares Index up 16.48% over the past year.
The global telemedicine market, valued at USD 97.48 billion in 2022, is projected to grow to USD 430.72 billion by 2031, with a CAGR of 17.95%. This growth is driven by changing consumer preferences, technological advancements, and a focus on sustainability, alongside strategic insights into market trends and competitive landscapes. Key players include Teladoc Health, Oracle Corporation, and General Electric Company, with significant opportunities identified across various regions and market segments.
General Atlantic is expanding its global presence by opening its first office in Saudi Arabia, led by Ziyad Baeshen. The firm aims to connect with regional entrepreneurs and seek investment opportunities in growth sectors including technology, healthcare, financial services, consumer, and climate industries.
Saudi Arabia has commenced construction on the Mukaab, projected to be the world's largest building, located in Riyadh and valued at $50 billion. Standing 1,300 feet high and 1,200 feet wide, it will encompass 2 million square feet of space, featuring 9,000 hotel rooms, 104,000 residential units, and a mix of commercial amenities including fine dining and retail.
Saudi Aramco’s venture arm, Wa’ed Ventures, has allocated $100 million to invest in artificial intelligence startups, aiming to enhance Saudi Arabia's global competitiveness in the sector. An advisory board, featuring former employees from Meta and Amazon, will guide early-stage investments over the next three years.
Helio Genomics has partnered with Halub Medical Co. to commercialize HelioLiver Dx, a blood test for early liver cancer detection, in Saudi Arabia and the GCC, expected to launch in Q1 2025. The test, which shows superior sensitivity compared to ultrasound, aims to enhance liver cancer screening and is projected to generate over $10 million in revenue within its first year.
Helio Genomics has partnered with Halub Medical Co. to commercialize HelioLiver Dx, a blood test for early-stage liver cancer detection, in Saudi Arabia and the GCC, expected to launch in Q1 2025. The test, which shows superior sensitivity compared to ultrasound, aims to enhance liver cancer screening and is projected to generate over $10 million in revenue within its first year.
Helio Genomics has partnered with Halub Medical Co. to commercialize HelioLiver Dx, a blood test for liver cancer, in Saudi Arabia and the GCC, expected to launch in Q1 2025. The test, which shows significantly improved sensitivity over ultrasound, aims to enhance liver cancer screening and is projected to generate over $10 million in revenue within its first year.
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
global healthcare ai market report 2024 insights trends and competitive landscape
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09:30 28.10.2024
Saudi finance firm secures full demand for 264 million dollar IPO
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07:35 28.10.2024
telemedicine market poised for rapid growth driven by innovation and sustainability
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06:06 28.10.2024
general atlantic opens first middle east office in saudi arabia
13:00 27.10.2024
Saudi Arabia begins construction on world's largest building Mukaab in Riyadh
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aramco venture arm invests 100 million in artificial intelligence startups
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helio genomics partners with halub medical to launch liver cancer test in middle east
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20:32 25.10.2024
helio genomics partners with halub medical to launch liver cancer test in middle east
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20:13 25.10.2024
helio genomics partners with halub medical to launch liver cancer test in saudi arabia
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20:10 25.10.2024
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