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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.
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.
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.
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.
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.
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