Saudi Arabia Healthcare Industry Report 2021: Strengthening Clinical Laboratory Infrastructure for Better Population Health Management

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Apr 26, 2021, 07:15 ET

DUBLIN, April 26, 2021 /PRNewswire/ -- The "Kingdom of Saudi Arabia (KSA) Healthcare Industry Outlook, 2021 - Innovative Public-Private Partnerships Transforming the Sector" report has been added to ResearchAndMarkets.com's offering.

The Kingdom of Saudi Arabia (KSA) is expected to experience economic growth despite oil price complications due to its economic diversion from the oil industry to other industries, with initiatives and strategies that encourage private sector participation. Apart from robust economic growth, the region's business environment will also change radically with the emergence of new business models. This is particularly prominent in the healthcare industry, which is undergoing a digital transformation to make healthcare more accessible.

The KSA accounts for about 60% of the healthcare industry's revenue in the Gulf Cooperation Council (GCC). With rising awareness among consumers and the shortage of skilled resources, demand for technology and digitization in the healthcare industry is higher than ever. Upgrading healthcare infrastructure and investing in start-ups will open doors for competition and make quality healthcare more affordable.

In 2021, significant changes and disruptions in digital service-enabled healthcare are expected. Healthcare delivery and management will become more consumer-centric as tools powered by artificial intelligence and virtual patient-care provider interactions become the new normal. Data-driven interoperability and personalized diagnostics will accelerate the delivery of precision care based on predictive analytics, paving the way for better, more efficient decision-making for the patient and care provider. This will also promote partnerships between big technology companies that design care delivery models and healthcare organizations.

Key Issues Addressed

What are some of the top predictions shaping the market and the segments likely to influence market growth?
What are the strategic imperatives stakeholders have to adopt to meet the industry's future needs?
What are the key growth opportunity segments in the KSA?

Key Topics Covered:

1. Strategic Imperatives

Why Is It Increasingly Difficult to Grow?
The Strategic Imperative 8T
The Impact of the Top Three Strategic Imperatives on the KSA Healthcare Industry
Growth Opportunities Fuel the Growth Pipeline EngineT

2. KSA Healthcare Industry Overview

GCC Healthcare Industry Snapshot
2021 - Transition from Traditional Healthcare to Digital for the GCC Region
KSA Healthcare System Overview
KSA Healthcare System Regional Distribution

3. Top Predictions for 2021, KSA Healthcare Industry

Prediction 1 - Demand for Extended Care Services, Which Reduces Healthcare Costs by 33%, will Remain Unaddressed
Prediction 2 - The KSA Government will be More Open to International Participants, Leading to 20% Increase in Telehealth Partnerships
Prediction 3 - The Economic Burden of Diabetes is Forecast to Cross $10 Billion, Which is Approximately 45% of the MoH's 2021 Budget

4. Growth Opportunity Analysis, KSA Healthcare Industry

Growth Drivers for the KSA Healthcare Industry, 2021
Growth Restraints for the KSA Healthcare Industry, 2021

5. Growth Opportunity Universe, KSA Healthcare Industry

Growth Opportunity Universe Summary
Growth Opportunity 1 - Supporting Accountable Care Organization (ACO) Health Clusters
Growth Opportunity 2 - Radiology Infrastructure Upgrade
Growth Opportunity 3 - Single Platform/Vendor Offering Virtual Care Service Across the Care Continuum
Growth Opportunity 4 - Strengthening Clinical Laboratory Infrastructure for Better Population Health Management

5. List of Exhibits
Companies Mentioned

Accountable Care Organization (ACO)
Ministry of Health (MoH)

For more information about this report visit https://www.researchandmarkets.com/r/j6c7yx

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