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With 44,000 New Beds to Be Added by 2015, Healthcare Solution Providers Are Aggressively Penetrating Saudi Arabia
Date:10/24/2013

RIYADH, Saudi Arabia, Oct. 24, 2013 /PRNewswire/ -- Recent reports have confirmed that Saudi Arabia's healthcare budget for 2013 is USD 27.4 billion and is expected to increase to USD 47.7 billion by 2017. This increase has been attributed to the significant shortage of beds in the Kingdom. Which is why the Ministry of Health is currently increasing total bed capacity of the country's healthcare system by 44,000 beds, expected to be completed by 2015.

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Also, the Ministry's vision is to develop a patient-centric system that will place patients' wellbeing and experience in the centre of healthcare provider's approach. To achieve this, the Kingdom will need to rely on the innovative medical solutions and the latest technological developments, for what they are pursuing - new partnerships with international solution providers. As a result, accessing the Saudi market has become significantly easier for international companies.

How to provide the best level of care to the people of Saudi Arabia is in the core of discussions at the upcoming 3rd Patient Relations Symposium on December 9th and 10th in Riyadh. More than 200 of the Kingdom's healthcare decision makers, together with major medical distributors, are gathering to discuss future sector strategies and goals and to source the new medicines and equipment for their current and future projects.

Mohammed Al Amri, Symposium's Project Director, explained the most efficient ways for foreign companies to access the Saudi healthcare market: "The two most common ways to penetrate the market and conduct business within the healthcare sector in Saudi Arabia are a p
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