Healthcare Industry insights
Upcoming healthcare project in KSA
The healthcare industry is under going significant global changes, and Saudi Arabia's healthcare sector is keeping pace with this transformation. The country is embracing various shifts, including digital ecosystems, innovations, outcome based care, and operational efficiencies. These changes are driven by the need to diversify the economy away from oil and gas, offering several advantages such as resilience against external shocks, entrepreneurial opportunities, foreign investment attraction, and skills development. Notably, healthcare and social development have become the third-highest priority in thegovernment's budget allocation.
Opportunities for Investors, Medtech Companies in KSA
Vision 2030 marked a true cornerstone moment for the Kingdom of Saudi Arabia’s (KSA's) healthcare sector. The region shifted gears from oil dependence to finding diverse economic growth levers, including healthcare, and transitioning from a heavily publicly driven to a more privatized operational model.
Saudi health sector transformation accelerated under Vision 2030 and pandemic
In the Voice of the Healthcare Industry Market Outlook 2021, an annual survey of healthcare organisations worldwide from Omnia Health in partnership with GRS Research & Strategy, Saudi Arabia was identified by respondents as the country handling the Covid-19 pandemic better than any other worldwide.
Powering change through regulatory reform in Saudi Arabia
With healthcare expenditure in Saudi Arabia forecast to hit UD$ 160 billion by 2030, healthcare spending in the Kingdom has increased in line with the Government’s ambitious Vision 2030 roadmap to diversify its economy by expanding the role of the private sector and creating additional capacity for the growing healthcare market.
Latest news & articles
Saudi Arabia’s digital healthcare landscape post-COVID 19
May 5, 2020
We explore the role of digital health in Saudi Arabia’s response to the COVID-19 pandemic and discover how the learnings can be used to formulate the Kingdom’s strategic plans for the digitalisation of the healthcare system in the future.
74th Meeting of COVID-19 Monitoring Committee
May 3, 2020
Carrying out clinical studies while emphasising the importance of social distancing.
Saudi MOH conducts advanced multicenter clinical study for treatment of COVID-19
May 2, 2020
The MOH in collaboration with the WHO is conducting an advanced multicenter clinical study at seven hospitals in the Kingdom to stop the COVID-19 pandemic.
Saudi Arabia and China sign $265m deal to fight coronavirus
Apr 27, 2020
China will supply Saudi Arabia with 9 million coronavirus test kits, 500 specialist technicians and six test laboratories.
Saudi Arabia’s evolving healthcare system: What's new in 2020
April 12, 2020
Saudi healthcare continues to change, from privatisation to COVID-19 regulatory interventions.
2019 Industry reports
Healthcare In Saudi Arabia: Opportunities In The Sector – A Knight Frank Report
Investing in alternative real estate asset classes such as healthcare is a growing trend among global and local investors seeking diversification benefits as well as long term stability given the defensive nature of the underlying income stream. In Saudi Arabia, rising demand for healthcare and government initiatives favouring an increased participation from the private sector look set to drive expansion in the sector and open new doors for investors.
KSA Hospital Projects Overview
According to latest figures from US-based consultancy Aon Hewitt, the healthcare sector in the Kingdom of Saudi Arabia (KSA) is expected to grow at a compound annual growth (CAGR) rate of 12.3% by 2020. To discover more, read through our KSA Hospital Projects report.
KSA Healthcare Industry Report
Whether you are looking to enter the healthcare market of the Kingdom of Saudi Arabia or you already are a key player in the industry, the door is open for you to be part of the economical growth driven by the Saudi Vision 2030. To discover the latest trends and market expansion within the Kingdom's healthcare sector, read through our Industry Overview report
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