This presentation was shown at Opportunity Arabia 11, 2014. It looks at the Saudi Arabian Health Care Sector and the opportunities in this sector for UK businesses. The sector is developing quickly and there are opportunities in all areas but especially high tech medicine, diagnostic equipment, IT and hospital management.
2. Saudi Arabia – The Market
Largest market for health care services and
products in the GCC
Medical, Dental, Veterinary
3. Healthcare & Diagnostic Market
• Epicentre of healthcare and technology in
the GCC – demand for high tech
• Expansion of health care services
4. Demand Drivers 1
Demographics
• High Population Growth - 30 million by 2016
• Aging Population (over 60s set to double)
• 60% of population under age 25
• Lifestyle: Diabetes, Obesity, Cardiovascular & Respiratory
Diseases.
5. Demand Drivers 2
Government Actions
• Increased Government expenditures ($28Billion 2014)
• Promotion of privatisation
• New medical insurance Law
Aided by demographics and interest in advanced technology,
products and services
6. Health Care Sector
National Health Care System
Government provides health care via several
Government agencies: MOH, MODA, NGHA,MOI, MOE
(70% of services Primary to Tertiary)
Private Sector – growing role (30% of services Primary
and Secondary)
9. Challenges
Infrastructure, Geography, Quality
• Inadequate infrastructure
• Staff shortages in all disciplines
• Rural versus Urban Disparity in resources
• Quality of Services – need for standard regulatory
framework
10. Policy Aims
10 YEAR STRATEGIC PLAN
• Increase capacity
• Improve quality
11. Blue Print for Change
• Level 1: Government Sponsored
• Level 2: Emerging Health System – more
private providers
• Level 3: Intermediate Health System
(Government provision limited, increased
regulation)
• Level 4: Market Driven Health System
12. Government Plans -1
• MOH: Preventative and Curative Primary Care.
• General Organisation for Hospitals (GOH): Transfer all
MOH assets in preparation for public private co-operation
13. Government Plans -2
National Health Fund
• Established under Ministry of Finance to fund directly
health care services to patients
• Upgrade IT Systems
• Regulatory Framework
14. Opportunities
1. Infrastructure: Hospital and Clinic Design
2. Medical Technology
3. Information Systems
4. Medical supplies and consumables
5. Education and Training
6. Maintenance and after sales services
15. Investment Opportunities 1
Hospital Construction – over 100 new
hospitals
6 new medical cities - Highly specialised
centres for cancer, organ transplant surgery,
eye surgery and cardiac diseases.
16. Investment Opportunities 2
Provision of Health Care
Tertiary: Complex clinical areas –
Oncology, Organ Transplant
17. Investment Opportunities 3
• Secondary Care: centres for
treatment of chronic diseases eg
Diabetes, hypertension
18. Investment Opportunities 4
Ambulatory Care and Diagnostic Centres
• Physician practice groups
• Disease management clinics
• Diagnostic imaging
• Laboratory Services
20. Investment Opportunities 6
Medical Device Manufacturing
Rapidly growing market and effective regulation
• Bandages, catheters, dentures, ECG Machines
• X Ray Films
21. Investment Opportunities 7
• Insurance: cover a higher
percentage of population
• Education: medical and nursing
schools
23. Companies: Orange
• Digital transformation of the healthcare sector
with smart solutions – E Health and Mobile
Health
24. Companies: GE Healthcare
Set up Radiological Departments – CT, MRI,
Ultrasound, Nuclear Medicine
25. Companies: Siemens
• Sponsoring education and training in Saudi Arabia
• New Technology: CT- The Somatom Force. 4D imaging
• Biograph mCT Flow: PET /CT scanner
26. Companies: Olympus
High End Microscopy Conventions
• 3 cities in Saudi Arabia
• Demonstration and Training
27. New York Presbyterian Hospital
Co-Operation – Knowledge Sharing
November 2013: New York-Presbyterian Global Services and
Al Murjan Medical Company Limited signed agreement