Industries Market Research Reports

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

Infographics

×

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...

GCC accounts only for 1.2% of the global HC revenue, but it is the region that saw the highest growth rate in the last decade. GCC has opened doors to global suppliers and moved beyond US imports, which is likely to be the game changer in the 2020s. Technology and digitization are in higher demand than ever before because of higher awareness and ...

The Ministry of Health is responsible for the management of the healthcare delivery system, and oversees the provision of preventive, rehabilitative, and curative healthcare services in Saudi Arabia. The government is expected to encourage private-sector participation in the delivery of healthcare services between 2012 and 2015. Healthcare informa...