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Saudi Arabia is estimated to have the fourth largest defense budget in the world, behind the US, China, and Russia. Valued at USD 52.9 billion in 2013, the country's defense expenditure is at the seventh position among the top 10 military spenders. An underdeveloped domestic defense industry coupled with the country's high spending power makes the competitive landscape for Saudi Arabian defense favorable presenting ample opportunities for foreign OEMs to enter the market through an alliance route.

An analysis of defense business along with industry sentiments globally on the latest economic and customer issues, and their impact on investment decisions reveal growth prospects within the defense industry. Change in supplier prices of various products, are likely to influence the growth prospects of the defence industry over the next six months. Economic conditions are expected to be more favorable in Africa and Australasia in Q1 2014 compared to Q4 2013. A decrease in buyers' confidence and uneven market conditions in North America remain key concerns for executives operating in Asia-Pacific region.

According to diagnostic ultrasound imaging market forecasts, the global disease incidence is expected to rise and an early diagnosis of disease is the foundation for increasing survival rates. Diagnostic ultrasound imaging is the most widely used technique to achieve early detection and clinical assessment of adult and pediatric patients alike, making it a cornerstone of disease control. In the diagnostic ultrasound imaging market landscape GE Healthcare currently dominates the global diagnostic ultrasound market.

The global commercial helicopter market is expected to get a boost in the leading defense spending nations. Forecasts of commercial helicopter spending sheds light on the opportunities in the key markets in each region. Comprehensive market values and forecasts offers an analysis of the top segments of commercial helicopter expected to be in demand.