Growing Penetration of International Players Boosting Saudi Arabian Healthcare Industry

Press Release   •   Nov 11, 2013 15:30 IST

Saudi Arabian healthcare industry is going through a phenomenal growth phase. Country’s government and private sectors have shown vital contribution in improving healthcare facilities in the country. Moreover, a number of international players are now entering into the optimistic Saudi healthcare market to capitalize on the growing middle class and to provide an alternative to Saudi’s going overseas for ‘medical tourism’. Considering the above factors, Saudi Arabian healthcare industry is projected to grow at a CAGR of 8.7% during 2013-2017.

As per our latest research study, “Saudi Arabian Healthcare Outlook to 2017”, country’s healthcare industry is witnessing a robust growth from the past few years as the government of the country is increasing its funding for healthcare sector year-on-year. In addition to that, factors such as rising population, prevalence of lifestyle and infectious diseases, longer life expectancy and improving healthcare infrastructure are taking the industry to the new heights. Besides, the robust growth is also being driven by technological up-gradation such as growing application of e-health and m-health and recently released favorable regulations.

The report provides an extensive research and thorough analysis of the country’s healthcare industry. It studies the market thoroughly on three main grounds viz. region, Market segments and players. Moreover, different characteristics of the market have been discussed along with forecasts to provide an understanding of market dynamics. The report analyzes Saudi Arabian healthcare Industry, including the current and future market size, existing healthcare infrastructure and country’s healthcare profile.

Also the study covers in-depth study of country’s pharmaceutical and medical device markets, covering their market size, growth forecast, major players and analysis of foreign trade. It also covers healthcare insurance market and state of e-health and m-health application in healthcare sector. Further, the research has included regional analysis of Saudi Arabian Healthcare Industry, including five major cities, which deals in study of current market scenario and future market potentials of major healthcare markets.

Besides, the report features existing regulatory environment which is propelling the growth of country’s healthcare industry. Also, it looks into the competitive landscape including detailed description of the major players (Hospitals and Pharmaceutical companies) in industry. Overall, the report will facilitate clients in analyzing the driving forces and understand the existing opportunities in the industry.

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM611.htm

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RNCOS is a leading industry research and consultancy firm incorporated in 2002. As a pioneer in syndicate market research, our vision is to be a global leader in the industry research space by providing research reports and actionable insights to companies across a range of industries such as Healthcare, IT and Telecom and Retail etc. We offer comprehensive industry research studies, bespoke research and consultancy services to Fortune 1000, Trade associations, and Government agencies worldwide.