COVID-19 Pandemic Catalyzes the Transformation of the Healthcare Provider Sector in Saudi Arabia
COVID-19 Pandemic Catalyzes the Transformation of the Healthcare Provider Sector in Saudi Arabia
New Spending and the Latest Technology Drive Future Growth Potential
09-Feb-2021
South Asia, Middle East & North Africa
Market Research
Description
The COVID-19 pandemic has led governments worldwide to implement national lockdowns and social distancing measures to mitigate the virus’ spread. The result is a large-scale drop in business confidence, consumer demand, and industrial production, leading to a global economic recession in 2020. The pandemic has impacted the healthcare sector and it has yet to return to full utilization capacity. Most countries have experienced disrupted supply chains, draining healthcare institutions financially and impacting their revenue in Q1 and Q2 2020.
The study covers the pandemic’s impact on Saudi Arabia’s healthcare sector and new opportunities for medical device manufacturers and healthcare service, IT, and communications technology providers in the region. New opportunities include radiology and medical center upgrades, telemedicine, home monitoring services, management platforms for diabetes and cardiovascular diseases (CVD), electronic health records (EHR), and healthcare professionals' training.
Healthcare companies are stepping up to the COVID-19 outbreak induced-challenges. This crisis will change the healthcare sector’s outlook as the focus shifts toward new technologies that will drive the market. The study includes a comprehensive scenario-based analysis, focusing on the healthcare provider sector across Saudi Arabia to enable clients to sustain amid the present situation and thrive in the future. It highlights the estimated Saudi Arabia Ministry of Health expenditure budget and anticipated new spending budget on potential healthcare segments. Stakeholders need to understand how these healthcare segments will evolve in the future and how vendors can become part of this growing movement. Frost & Sullivan recognizes the importance of clients remaining on top of their strategic initiatives to achieve and sustain growth.
Information contained in this report includes the following:
• The pandemic’s impact on the Saudi Arabia care pathway
• Key factors influencing the changing healthcare business in achieving the country's Vision 2030
• Drivers and restraints impacting the healthcare sector over the next five years
• Potential growth opportunities and game-changing technologies in the care pathway in the next 2–5 years
• Opportunity segments in Saudi Arabia, their potential, and 5-year revenue outlook
RESEARCH: INFOGRAPHIC
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Table of Contents
Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top Three Strategic Imperatives on the KSA Healthcare Sector
Growth Opportunities Fuel the Growth Pipeline Engine™
Healthcare Sector Scope of Analysis
Growth Opportunities, Healthcare Sector
Healthcare System, Healthcare Sector
Healthcare System Overview, Healthcare Sector
Healthcare System Overview, Healthcare Sector (continued)
Healthcare System Regional Distribution, Healthcare Sector
Vision 2030
Healthcare Sector Transformation Strategy, Vision 2030
Government Initiatives, Vision 2030
Key Investments/Initiatives Planned for FY 2020, Vision 2030
Providers' COVID-19-Caused Challenges, Healthcare Sector
COVID-19 Medium-Term Impact, Healthcare Sector
COVID-19 Impact on Healthcare Budget and Investment, Healthcare Sector
COVID-19 Impact on Hospital Operations and Human Resources, Healthcare Sector
COVID-19 Impact on the Care Pathway, Healthcare Sector
COVID-19 Impact on the Care Pathway, Healthcare Sector (continued)
COVID-19 Impact on the Care Pathway, Healthcare Sector (continued)
COVID-19 Impact on the Care Pathway, Healthcare Sector (continued)
COVID-19 Impact on PHC Infrastructure in Tier 2 and Tier 3 Cities, Healthcare Sector
COVID-19 Impact on Patients, Healthcare Sector
Key Growth Metrics for Anticipated New Spending, KSA Healthcare Sector
Growth Drivers for the Healthcare Sector
Growth Restraints for the Healthcare Sector
Forecast Assumptions, Anticipated New Spending, Healthcare Sector
MoH Expenditure Budget Forecast, Healthcare Sector
MoH Expenditure Budget Forecast Analysis, Healthcare Sector
Budget Forecast by Anticipated New Spending, Healthcare Sector
Budget Forecast Analysis by Anticipated New Spending, Healthcare Sector
Growth Opportunity 1—Radiology Center Upgrades
Growth Opportunity 1—Radiology Center Upgrades (continued)
Growth Opportunity 2—Genetic Counseling Services
Growth Opportunity 2—Genetic Counseling Services (continued)
Growth Opportunity 3—Management Platforms for Diabetes and CVD
Growth Opportunity 3—Management Platforms for Diabetes and CVD (continued)
Growth Opportunity 4—Healthcare Professionals Training
Growth Opportunity 4—Healthcare Professionals Training (continued)
Growth Opportunity 5—Interest and Defined Funding for Telemedicine Platforms
Growth Opportunity 5—Interest and Defined Funding for Telemedicine Platforms (continued)
Growth Opportunity 6—Medical Laboratory Modernizations
Growth Opportunity 6—Medical Laboratory Modernizations (continued)
Growth Opportunity 7—Home Monitoring
Growth Opportunity 7—Home Monitoring (continued)
Growth Opportunity 8—EHR and HIE Network Infrastructure
Growth Opportunity 8—EHR and HIE Network Infrastructure (continued)
Your Next Steps
Why Frost, Why Now?
List of Exhibits
List of Exhibits (continued)
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Popular Topics
Deliverable Type | Market Research |
---|---|
No Index | No |
Podcast | No |
Author | Manoj Rathore |
Industries | Healthcare |
WIP Number | PB3E-01-00-00-00 |
Keyword 1 | Healthcare Industry in Saudi Arabia |
Keyword 2 | Saudi Arabia Healthcare Provider Market |
Keyword 3 | Healthcare Provider Sector in Saudi Arabia |
Is Prebook | No |
GPS Codes | 9600-B1,9612-B1,9A52-B1,99BB-B1,99BF-B1,9A4B-B1,99BE-B1,9611-B1,9614-B1,9627-B1 |