Opportunity Arabia 2015 (London, September 14 2015)

Health Care Sector Saudi Arabia

Opportunity Arabia 12September 14th 2015

Saudi Arabia – The Health Market • Projected Total Spend $48.3 Billion by 2018• Spending $35.9 Billion 2013• 4.8% of GDP• 60% Government Spending, 19% Quasi

Governmental, 21% Private Sector

Demand Drivers

• Demographic: rapidly growing populations and incomes, increased life expectancy, lifestyle diseases (Diabetes, Obesity, Cardiovascular & Respiratory Diseases.)

• Infrastructure Projects: ambitious hospital construction, primary health care, medical cities, specialised treatments

Challenges

• Demand outstrips supply• Reliance on expatriate labour• Low penetration of private insurance

Current Trends

• Government Sector out paces private sector investment

• Government subsidies, interest fee loans for private sector.

• Increased private insurance• Royal Decree No 650 23/01/2014: SAGIA and MOH to

develop strategic plans to attract foreign investment.

Major Projects

• Construction 20 teaching hospitals, 2 medical cities (1400 beds each).

• Security Forces Medical Cities: Riyadh, Jeddah• IT: Information systems for hospitals• Construction, Operations, Management

Contact Karen WilsonOdyssey Recruitment1-75 Shelton StCovent GardenLondonWC2H 9JQTelephone: +44 (0)20 7998 3971Email: [email protected]