Revolutionizing Healthcare in KSA: Government Investment of 160Bn and Vision 2030 Propel Health Tech Market Forward, but What Does the Future Hold?
Health Tech Market in KSA is expected to growth at a robust CAGR of 9.3% in next 5 years, says a report by Ken Research.
1. Revolutionizing Healthcare: The Future of KSA Health Tech Market with Personalized, User-Friendly, and Well-Regulated Technology Adoption
The Kingdom of Saudi Arabia (KSA) has a rapidly growing Health Tech market that is gaining momentum in recent years. The market is driven by various factors such as the growing population, increasing demand for quality healthcare services, government initiatives to promote health technology, and rising adoption of digital health solutions among patients and healthcare providers.
Future Market Size of KSA Health Tech Market: Click Here
2. The State of Healthcare in Saudi Arabia: Free Access to Public Health Services for All Citizens
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Saudi Arabia has a health system that delivers a comprehensive range of services through a combination of public and private providers.
The Ministry of Health: The MoH is the regulator for all healthcare related activities and services within the country.
Saudi Arabia has a mixed public and private healthcare system, both providing good quality services. Around 60% of services are publicly provided through the government’s Ministry of Health. These consist of:
- Primary health care centers (6k+ facilities)
- Hospitals (287)
- Specialist services
- Outpatient services
3. Revolutionizing Healthcare in KSA: The MOH’s E-Health Strategy to Enhance Equitability, Standards, Availability, and Quality of Healthcare Services
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KSA’s e-health strategy includes the use of information and communication technology to support health and healthcare. Major predicted areas of disruption: telemedicine, smartphone apps, and wearable sensors. It also provides personal care digital tools, integrating continuity of care at all levels, ensuring optimal use of healthcare resources, achieving targeted effectiveness and information technology.
Major Players Mentioned in the Report:-
KSA Online Pharmacy Market:
Nahdi Medical Co.
Al-Dawaa Pharmacy
Boots Pharmacy
Ghaya Pharmacies Ltd.
KSA Online Health Consultation Market:
Altibbi
Vezeeta
Cura
Sanar
Nahdi
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KSA Healthcare IT Solutions Market:-
Balsam United
Cerner
Selat
Anova Health
Insta-Practo
Cloud Pital
Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report:-
KSA E-Pharmacy Companies
KSA Online Consultation Companies
KSA HealthCare IT Solutions Companies
Investors & Venture Capitalists
Time Period Captured in the Report:-
Historical Period: 2017-2022
Base Year: 2022
Forecast Period: 2022-2027
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