Healthcare and Life Sciences
Healthcare and Life Sciences

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The Healthcare and Life Sciences Sector is one of the most significant sectors for the Kingdom of Saudi Arabia.

 

The healthcare sector is largely publicly financed, and over the past several decades, the Kingdom of Saudi Arabia has made significant strides in the improvement of its healthcare infrastructure and system.

 

The demand for healthcare has continued to rise, and this has been witnessed by the increasing healthcare budget and healthcare investment made over the past few decades, notably in the past 10 years. Despite the increase in healthcare expenditure, the Kingdom is facing a set of challenges that includes: increasing longevity and the continued rise in non-communicable diseases.

Facts & Figures

130 Bn USD
Cumulative government expenditure from 2017-2021
28%
Increase of population by 2030
90%
of medical devices in the Kingdom are imported

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