Noida, UP -- (SBWire) -- 10/31/2014 --Healthcare sector in Saudi Arabia is going through a rapid developmental phase of healthcare facilities such as hospitals, medical cities etc. The country is witnessing a flood of construction projects in recent years. Moreover, the government of the country is increasing its funding for healthcare sector year-on-year. Considering the above factors, Saudi Arabian healthcare industry is projected to grow at a CAGR of 8.7% during 2013-2017.
As per our research, Saudi Arabian healthcare industry is exhibiting a significant growth on the back of rising population, prevalence of lifestyle and infectious diseases, longer life expectancy and improving healthcare infrastructure. Besides, technological up-gradation such as growing application of e-health and m-health and recently released favorable regulations are also providing requisite boost to the growth of country’s healthcare industry.
The report “Saudi Arabian Healthcare Outlook to 2017” provides an extensive research and thorough analysis of the country’s healthcare industry. It studies the market thoroughly on three main grounds viz. region, Market segments and players. Moreover, different characteristics of the market have been discussed along with forecasts to provide an understanding of market dynamics. The report analyzes Saudi Arabian healthcare Industry, including the current and future market size, existing healthcare infrastructure and country’s healthcare profile.
Further, the research has included regional analysis of Saudi Arabian Healthcare Industry, including five major cities, which deals in study of current market scenario and future market potentials of major healthcare markets. Also the study covers in-depth study of country’s pharmaceutical and medical device markets, covering their market size, growth forecast, major players and analysis of foreign trade. It also covers healthcare insurance market and state of e-health and m-health application in healthcare sector.
Additionally, the report features existing regulatory environment which is propelling the growth of country’s healthcare industry. Also, it looks into the competitive landscape including detailed description of the major players (Hospitals and Pharmaceutical companies) in industry. Overall, the report will facilitate clients in analyzing the driving forces and understand the existing opportunities in the industry.
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Mounting Investments to Develop World Class Saudi Arabian Healthcare Infrastructure
Saudi Arabian Healthcare Industry is anticipated to grow at a CAGR of around 8.7% during 2013-2017, says RNCOS in its latest research report.