Innovative Public-Private Partnerships Transforming the KSA Healthcare Industry, Outlook 2021

Innovative Public-Private Partnerships Transforming the KSA Healthcare Industry, Outlook 2021

Future Growth Potential Enhanced by Healthcare Infrastructure Upgrade Strategies and Digitization Initiatives

RELEASE DATE
09-Mar-2021
REGION
South Asia, Middle East & North Africa
Research Code: K5EF-01-00-00-00
SKU: HC03398-SA-MT_25288
$2,450.00
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Description

The Kingdom of Saudi Arabia (KSA) is expected to experience economic growth despite oil price complications due to its economic diversion from the oil industry to other industries, with initiatives and strategies that encourage private sector participation. Apart from robust economic growth, the region’s business environment will also change radically with the emergence of new business models. This is particularly prominent in the healthcare industry, which is undergoing a digital transformation to make healthcare more accessible.

The KSA accounts for about 60% of the healthcare industry’s revenue in the Gulf Cooperation Council (GCC). With rising awareness among consumers and the shortage of skilled resources, demand for technology and digitization in the healthcare industry is higher than ever. Upgrading healthcare infrastructure and investing in start-ups will open doors for competition and make quality healthcare more affordable.

In 2021, significant changes and disruptions in digital service-enabled healthcare are expected. Healthcare delivery and management will become more consumer-centric as tools powered by artificial intelligence and virtual patient-care provider interactions become the new normal. Data-driven interoperability and personalized diagnostics will accelerate the delivery of precision care based on predictive analytics, paving the way for better, more efficient decision-making for the patient and care provider. This will also promote partnerships between big technology companies that design care delivery models and healthcare organizations.

This study supports investors, healthcare companies, and other GCC organizations in understanding the growth potential and opportunities in the rapidly evolving industry of healthcare.

Key Issues Addressed

  • What are some of the top predictions shaping the market and the segments likely to influence market growth?
  • What are the strategic imperatives stakeholders have to adopt to meet the industry’s future needs?
  • What are the key growth opportunity segments in the KSA?

Author: Surbhi Gupta

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 Industry

Growth Opportunities Fuel the Growth Pipeline Engine™

GCC Healthcare Industry Snapshot

2021—Transition from Traditional Healthcare to Digital for the GCC Region

KSA Healthcare System Overview

KSA Healthcare System Overview (continued)

KSA Healthcare System Regional Distribution

Top Predictions for 2021, KSA Healthcare Industry

Prediction 1—Demand for Extended Care Services, Which Reduces Healthcare Costs by 33%, will Remain Unaddressed

Prediction 2—The KSA Government will be More Open to International Participants, Leading to 20% Increase in Telehealth Partnerships

Prediction 3—The Economic Burden of Diabetes is Forecast to Cross $10 Billion, Which is Approximately 45% of the MoH‘s 2021 Budget

Growth Drivers for the KSA Healthcare Industry, 2021

Growth Restraints for the KSA Healthcare Industry, 2021

Growth Opportunity Universe Summary, KSA Healthcare Industry

Growth Opportunity 1—Supporting Accountable Care Organization (ACO) Health Clusters

Growth Opportunity 1—Supporting Accountable Care Organization (ACO) Health Clusters (continued)

Growth Opportunity 2—Radiology Infrastructure Upgrade

Growth Opportunity 2—Radiology Infrastructure Upgrade (continued)

Growth Opportunity 3—Single Platform/Vendor Offering Virtual Care Service Across the Care Continuum

Growth Opportunity 3—Single Platform/Vendor Offering Virtual Care Service Across the Care Continuum (continued)

Growth Opportunity 4—Strengthening Clinical Laboratory Infrastructure for Better Population Health Management

Growth Opportunity 4—Strengthening Clinical Laboratory Infrastructure for Better Population Health Management (continued)

List of Exhibits

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Related Research
The Kingdom of Saudi Arabia (KSA) is expected to experience economic growth despite oil price complications due to its economic diversion from the oil industry to other industries, with initiatives and strategies that encourage private sector participation. Apart from robust economic growth, the regions business environment will also change radically with the emergence of new business models. This is particularly prominent in the healthcare industry, which is undergoing a digital transformation to make healthcare more accessible. The KSA accounts for about 60% of the healthcare industrys revenue in the Gulf Cooperation Council (GCC). With rising awareness among consumers and the shortage of skilled resources, demand for technology and digitization in the healthcare industry is higher than ever. Upgrading healthcare infrastructure and investing in start-ups will open doors for competition and make quality healthcare more affordable. In 2021, significant changes and disruptions in digital service-enabled healthcare are expected. Healthcare delivery and management will become more consumer-centric as tools powered by artificial intelligence and virtual patient-care provider interactions become the new normal. Data-driven interoperability and personalized diagnostics will accelerate the delivery of precision care based on predictive analytics, paving the way for better, more efficient decision-making for the patient and care provider. This will also promote partnerships between big technology companies that design care delivery models and healthcare organizations. This study supports investors, healthcare companies, and other GCC organizations in understanding the growth potential and opportunities in the rapidly evolving industry of healthcare.--BEGIN PROMO--

Key Issues Addressed

  • What are some of the top predictions shaping the market and the segments likely to influence market growth?
  • What are the strategic imperatives stakeholders have to adopt to meet the industry’s future needs?
  • What are the key growth opportunity segments in the KSA?

Author: Surbhi Gupta

More Information
No Index No
Podcast No
Author Surbhi Gupta
Industries Healthcare
WIP Number K5EF-01-00-00-00
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