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Businesses disrupted by the pandemic are looking at revival even as they grapple with the new normal, and the automotive industry is no exception. Mobility and mobility-related solutions lie hampered not just in India but across the word, with the last few months witnessing plunging sales, halting of new purchases, and closing up of many car deal...

This research service provides a snapshot of the Saudi Arabian economy by examining the country’s growth conditions and key policies. Following a steep economic contraction in 2020 on account of the COVID-19 pandemic, Saudi Arabia recorded a rebound of around 8.7% in 2022. Robust growth in non-oil sectors such as manufacturing, transport, governmen...

The Indian logistics industry is fragmented and under developed. Logistics costs are relatively high due to poor physical and communication infrastructure; high dwell time at ports; low levels of containerization; and a multi-layered tax system contributing to significant delays at border crossing points. Development of transportation and logistic...

The metals and manufacturing sector across the Middle East is undergoing a fundamental structural shift, driven by the convergence of decarbonization mandates, energy transition demand, industrial localization policies, and digital transformation imperatives. This study examines the evolving competitive landscape and identifies ten high-priority gr...

Artificial Intelligence (AI) allows computer and computer-enabled systems to transcend beyond traditional computing and provides a layer of intelligence through algorithms that enable machines to complete tasks and produce results that are analogous to human-like thought processes, decision making and problem solving. The democratization of data br...

The two-wheeler industry in India is arguably the biggest two-wheeler market in the world and has been undergoing significant changes in the last 5 to 6 years as a result of multiple factors. These include government regulations, OEM innovation and development, customer demographics changes, and the overall economic health of the country. For examp...

Despite uncertain global economic conditions and low oil prices, government investment plans and infrastructure development initiatives are expected to support economic growth in the UAE. Integration of logistics functions and harmonization of the GCC customs regulations will lead to a synchronized, coordinated, and interconnected regional logistic...

The Indian tourism market is fast-growing with immense potential due to the country’s rich cultural and geographical diversity. It is one of the major sectors contributing to GDP of the country and is driven by steady economic growth. Tourism’s direct contribution to GDP is expected to grow from $98 billion in 2018 to $106.9 billion in 2019. The Tr...

17 Apr 2020  |  South Asia, Middle East & North Africa  |  Market Outlook

Growth Opportunities for KSA Healthcare Industry, Forecast to 2020

The Extent of Privatization, Localization, and Digitalization will Determine the Future of the KSA Healthcare Market

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Key Issues Addressed

Amid the volatility in oil prices and dampened global economic growth due to the outbreak of COVID-19, the Kingdom of Saudi Arabia (KSA) healthcare market is expected to grow to $16.1 billion in value at 8.8Percentage in 2020. KSA’s pharmaceutical and MedTech markets are primarily import driven, therefore the impact of COVID-19 cannot be measured i...