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Five leading HealthTech innovators will be among the strong delegation of UK companies joining the Association of British HealthTech Industries (ABHI) at Global Health Exhibition in Saudi Arabia.
Assolombarda, headed by the Deputy Chairman, delegated for Life Sciences, Sergio Dompé, has set up a significant network of ties around the world in recent years, with a view to launching international-type partnerships on matters of health and innovation in the Health Sector.
Healthcare Innovation Consortium (HIC) – a leading UK-based digital health and social care agency – is launching a new programme aimed at combatting antimicrobial resistance (AMR) at Global Health 2023.
As genetic testing becomes increasingly preemptive and predictive, healthcare institutions are advocating for genetic screenings to reduce the prevalence of certain diseases, enable early intervention and devise suitable treatment plans. Particularly in young couples, prior testing helps identify risks of genetic conditions the newborn could possibly inherit.
In the ever-evolving landscape of technology, a new digital revolution is taking place. Propelled by the advent of Artificial Intelligence (AI) and machine learning, ChatGPT has captured the attention of industries worldwide, including healthcare where it shows a potential impact on patient communication.
Amongst the different healthcare sectors, the medtech sector has emerged as an attractive segment and drawn the global attention of innovators and investors. While the global medtech market was estimated to be USD 422 billion in 2021, KSA accounts for 3%-3.5% market share by revenue. However, it represents almost 50% of the Middle Eastern market and is expected to sizably outpace global growth (expected growth of almost 18%) in the next 6-7 years.
The consumer-driven investment value of the cosmetic treatments industry plays a key role in KSA’s economic diversification and growth innovations, reveals aesthetics expert Dr Iman Sadik, as cosmetic procedures become increasingly accepted in the kingdom.
Globally, treatment approaches to cancer have evolved significantly over recent years. Kite, a Gilead Company, has contributed to this evolving treatment landscape through research and development in cell therapies, which use genetically modified immune cells programmed to target cancer cells. A key tenet of Saudi Vision 2030 – a blueprint for the nation’s economic and social reform - is healthcare, on the basis that good health is a crucial aspect of any nation’s development plans.
Based on Colliers’ estimation, the KSA will require approximately 195,000 additional beds by 2030. However, two of the biggest factors hindering the growth of the KSA healthcare sector are high land cost and the availability of funds for capital expenditure, mainly for the construction of hospitals. The opportunity, therefore, lies within unlocking existing value within the sector to support expansion programmes or as alternative funding sources for new developments.
Examining sustainability in healthcare from the context of Saudi Arabia reveals that the Kingdom is taking small yet demonstrable steps toward sustainable healthcare.
A significant challenge facing the healthcare system in the country is the accessibility to primary care and the lack of integration between primary care and other health sectors. Despite these shortcomings, the region is constantly working towards providing consumer-centric solutions.
In this exclusive eBook, we spoke to industry experts Dr. Maliha Hashmi, Global Health Leader, and Elie Daoud, Managing Director, Knwbility, to gain insight into Saudi Arabia's diversified investments in innovative start-ups, health tech and workforce training as it forges towards Vision 2030. We also shed light on new investment schemes and policies set in place for investors and international healthcare providers looking for opportunities in the Kingdom.
Saudi Arabia’s healthcare sector is one of the largest in the Middle East, the region is considered a lucrative target for manufacturers, distributors and investors. With progression, regulation becomes a significant subject of discussion. Currently, Saudi Arabia boasts of a strong and comprehensive medical device regulatory policy that helps improve the safety and effectiveness of medical and in-vitro diagnostics (IVD) devices and provides better access to these products.
The Ministry of Health in the Kingdom of Saudi Arabia will organize the Global Health Exhibition 2022, a prominent healthcare event in the region, from 9 to 11 October, at the Riyadh International Convention and Exhibition Center. The event will be held under the theme of "Transformation in the Healthcare Sector". This year’s forum will be organized in person after two years of being held virtually due to the COVID-19 pandemic.
Medical data until now is siloed because of its unique intellectual property, and despite being highly valuable, monetising it remains a challenge as individuals are afraid of using or losing medical data. So, how could NFTs represent a unique potential in the digital age, and will patients be able to own their digital healthcare data? Aimedis founders Michael J. Kaldasch and Ben O. El Idrissi, who also serve as the Chief Executive Officer and Chief Operating Officer, respectively, have the answer
The only hybrid healthcare platform that offers telehealth and in-person treatment for females in the Middle East, Nabta Health, has raised $1.5 million in a seed round investment.
A partnership between Microsoft Arabia and Roche to activate artificial intelligence, or AI, in the early diagnosis of cancerous diseases has now reached Saudi Arabia for the first time.
Authorities in Saudi Arabia have laid the foundation stone for King’s College London Hospital in Jeddah during a ceremony, a day after British Prime Minister Boris Johnson left the Kingdom following an official visit.
Saudi Arabia on Sunday announced the resumption of Umrah service for pilgrims abroad from August 10 following a successful Hajj season, state press agency SPA said.
Saudi Ministry of Interior announced the ends of suspension of arrivals from Germany, the US, Ireland, Italy, Portugal, the UK, Sweden, Switzerland, France and Japan.
June 23, 2021
The Ministry of Health (MoH) on Wednesday said it has so far administered more than 16.8 million vaccine doses through 587 vaccination centers across the Kingdom, covering 70 percent of the total adult population in Saudi Arabia.
June 30, 2021
Saudi Arabia’s Investment Ministry and Janssen Pharmaceuticals have signed a memorandum of understanding to enhance innovation in the Saudi health and life sciences sector.
June 28, 2021
Riyadh’s King Saud Medical City (KSMC), the oldest medical city in the Kingdom, started the process to digitize its services and processes in 2018 and aims to digitally treat up to 2,500 patients a week by Q4 2021.
June 25, 2021
Saudi authorities reinstated domestic air travel on 21 May and by June 21, all curfews were lifted, ending the three-month lockdown across the country with the exception of the city of Mecca.
June 22, 2021
The partnership will offer the innovative Seegene Mobile Station – a laboratory on-wheels facility providing optimised molecular diagnosis and tests at any location to safeguard the health of community.
March 18, 2021
Registry of Privatization Projects will include a comprehensive central database of information on opportunities
September 6, 2020
COVID-19 mortality rates within Saudi Arabia is approx 0.9 per cent, which is lower than the global rate.
August 21, 2020
The Kingdom of Saudi Arabia (KSA) has been dubbed a key “emerging market” for autonomous AI healthcare solutions by Digital Diagnostics Inc., a pioneering global healthcare autonomous artificial intelligence (AI) company, formerly known as IDx, which has acquired 3Derm Systems Inc. of Boston, MA.
August 12, 2020
The Kingdom’s donor centers launched a ‘Donate at your home’ initiative during the pandemic to avoid the need to go to hospital or a blood bank.
August 9, 2020
KSA is witnessing a decrease in critical COVID-19 cases, with a 5.5 percent drop during the current period said MOH spokesman, Dr. Muhammad Al-Abdulaali.
August 8, 2020
KSA has announced that a clinical trial for a vaccine against the virus will be conducted in the Kingdom, within the framework of the cooperation agreement between KSA and China.
July 25, 2020
According to the Ministry of Health (MOH), 2,051 cases of Novel Coronavirus (COVID-19) have been recovered, bringing the total recoveries to 217,782 cases.
July 13, 2020
According to the Ministry of Health (MOH), over two million COVID-19 Polymerase Chain Reaction (PCR) Tests have been performed in the Kingdom since the first case was reported.
June 15, 2020
We explore how the learning’s and experiences of MERS-CoV have influenced and guided Saudi Arabia’s response to the COVID-19 pandemic and examine the long-term benefits of implementing a national biosafety and biosecurity system in the Kingdom, to help manage any future outbreaks.
June 7, 2020
Over 150 Beneficiaries of Medication Home Delivery Service by Prince Nasser Al-Sudairy Hospital-Al-Ghat.
June 5, 2020
The MOH’s Health Volunteer Center has launched a new health awareness volunteering campaign. The kick-off of the campaign's field activities was on Friday, in coordination with the Ministry of Islamic Affairs, Dawah and Guidance
June 1, 2020
MOH has launched the first stage of translating the 937 Call Center’s services into sign language through ‘Ishara’ Application.
May 31, 2020
As Saudi Arabia implements a three-stage plan to introduce a return to normal life in less than a month, experts have urged citizens and residents to keep practicing social distancing, wear face masks in public settings and maintain hand hygiene among other precautionary measures.
May 31, 2020
Russia has developed a promising new treatment for the coronavirus COVID-19 which it could soon trial in partnership with Saudi Arabian health experts.
May 25, 2020
The National Center for Health Research and Studies, one of the wings of the Saudi Health Council, has launched a number of specialized electronic platforms to provide comprehensive interactive services on coronavirus, according to a Saudi Press Agency report
May 18, 2020
In his speech before the 73rd World Health Assembly, the Health Minister, Dr. Tawfiq bin Fawzan Al-Rabiah has called on the international community to take immediate measures to reduce COVID-19 death rates
May 13, 2020
For five days in June (22-26 June 2020) the global healthcare community will be brought together on a scale like never seen before through a new experience delivered entirely online, Omnia Health Live.
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.
April 30, 2020
In continuation to its efforts and awareness messages, the Ministry of Health (MOH) has provided a number of health tips on the holy month of Ramadan.
January 15, 2020
The healthcare sector in KSA is undergoing evolution on the back of rapid advancements in technology, and research and development (R&D) in line with global and regional trends.