| According to a new report, “Saudi Arabian | | | | “Saudi Arabian Healthcare Market Forecast to |
| Healthcare Market Forecast to 2012”, the | | | | 2012” gives an extensive and objective |
| Saudi Arabian healthcare market is witnessing | | | | analysis on the Saudi Arabian healthcare market. |
| rapid growth and will continue to expand | | | | It has segmented the healthcare industry into |
| exponentially in future. The country’s rapidly | | | | hospital services, pharmaceuticals and medical |
| increasing population, due to which demand is | | | | devices. It provides analytical and statistical |
| outpacing supply, can be regarded as the main | | | | information on these segments, including their |
| push for the market. And as the incidences of a | | | | market size, demand, supply, segmentation and |
| number of lifestyle diseases, such as obesity, | | | | key players. It also features an analysis on the |
| diabetes and hypertension, in the country | | | | future directions, supplemented with facts and |
| amongst the highest in the world, these will | | | | figures. Thus, the report serves as a useful guide |
| significantly boost the healthcare spending in | | | | for healthcare companies, government officials, |
| future. | | | | consultants and investors who are planning to |
| Government plays a central role in providing | | | | enter the Saudi Arab healthcare market. |
| healthcare services in the kingdom, accounting for | | | | Our report provides forecast on |
| around 75% of the total healthcare spending in | | | | - Macroeconomic indicators |
| the country. The government accounted for 67% | | | | - Demographic and healthcare indicators |
| of the total hospitals and 77% of the total | | | | - Healthcare spending |
| hospital beds in the country in 2006. The | | | | - Demand for hospital beds |
| government expenditure on healthcare, however, | | | | - Pharmaceutical market |
| is increasing faster than its total income; as a | | | | - Medical devices market |
| result, government may resort to cost cutting | | | | Key questions answered in the report |
| measures in future. | | | | - Which factors are driving the Saudi Arabia |
| The report says that due to increasing pressure | | | | healthcare market? |
| on the public healthcare system, the government | | | | - What is the past and present size of the |
| is rapidly promoting the involvement of private | | | | healthcare market? |
| healthcare in the country. So big investment will | | | | - What is the role of public and private sectors in |
| be seen from the private sector in the | | | | providing healthcare? |
| forecasted period, and according to our estimates, | | | | - What is the total supply and demand for hospital |
| the private sector will account for 62% for all | | | | services in Saudi Arab? |
| new beds installed during 2006-2012. | | | | - What will be the demand, investment and |
| However, slump in crude oil prices due to | | | | infrastructure scenario in the hospital services |
| economic recession can hit the nation’s | | | | market? |
| economy. But the fast diversification of the | | | | - What is the total size and future outlook of the |
| country’s economy into other sectors will | | | | pharmaceutical market? |
| provide it a buffer against the severe impact of | | | | - Who are the key players operating in the |
| economic turmoil. Despite some challenges such as | | | | pharmaceutical market? |
| shortage of skilled workers, dependency on oil | | | | - What is the total size and future outlook of the |
| and bureaucratic issues, the market’s future | | | | medical devices market? |
| will remain bright with all three sectors - hospital | | | | - What are the key challenges faced by the Saudi |
| services, pharmaceuticals and medicals devices - | | | | Arabia healthcare market? |
| expected to show sustained growth. | | | | |