According to our latest research report, “Saudi Arabian Healthcare Market Forecast to 2012”, the hospitals services industry in Saudi Arabia will continue to face heavy shortage of hospital beds in the coming years, translating into a persistent demand for hospital beds in the country. Our research indicates that by 2013, the Saudi Arabian hospital industry will require around 14,700 hospital beds. The demand stems from the need for better healthcare services, which will be able to deal with the increasing population and high prevalence of chronic diseases. These factors will not only boost the hospital services industry, but also fuel the allied healthcare industry segments.
The major growth drivers of the healthcare industry will be the high fund allocations to healthcare and social development by the Saudi Arabian Government. Additionally, the Government is also attracting investments from the private sector to help in meeting the requirements of the country. Our extensive research and prudent analysis of the Saudi Arabian healthcare industry helps understand the other prominent and hidden factors that will continue to serve as growth drivers for hospital services, pharma, and medical devices market in Saudi Arabia over the forecast period.
Our research indicates that the Saudi Arabian Healthcare industry is in the initial stage of development and is showing immense potential for growth. The medical devices industry and the pharmaceutical industry are also rapidly emerging. In fact, the country is highly dependent on the imported drugs; thereby, giving opportunity to the private players to set up their own manufacturing capacities in the country.
In addition, our report “Saudi Arabian Healthcare Market Forecast to 2012”, also provides an extensive research and rational analysis along with reliable statistics of the Saudi Arabian healthcare industry. It covers major industries, segment-wise break up, disease-wise thorough analysis, and information on major emerging segments; to give strategic insight into the market. The report has thoroughly examined current market trends; industrial developments and competitive landscape to enable clients understand the market structure and its progress in the coming years.
RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals study and analyze the industry and its various components, with comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the consultants in meeting their objectives in a cost-effective and timely manner.
Article By: Shushmul Maheshwari