Healthcare & Life Sciences

Overview

Large youth base and a rapidly ageing population with prevalence of chronic diseases are expected to triple healthcare demand in the next 10 years.

Healthcare and Life Sciences Overview

The healthcare and life sciences sector represents one of the most attractive sectors in the Kingdom. Saudi Arabia currently has a population of 35 million, nearly 60% of whom are under the age of 35, representing an incredible market demand not just today, but also for the future. The healthcare and life sciences sector accounts for 17.7% of the country's budget expenditure in 2021, making it the Kingdom's third largest recipient of government funding.

 

New exciting opportunities await healthcare and life sciences investors, thanks to a growing marketing size and the government’s firm commitment to increase the private sector’s participation in the market through privatization and new healthcare financing models

Success Stories from the Healthcare & Life Sciences

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