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Saudi Arabia Hospital Market By Ownership, By Type of Services and Forecast 2027
17-Jun-2022 | Navi Mumbai | News-Press Release
Market Reports on Saudi Arabia Provides the Trending Market Research Report on "Saudi Arabia Hospital Market, By Ownership (Public v/s Private), By Type (General, Specialty, Multi- Speciality), By Type of Services (In-Patient Services v/s Out-Patient Services), By Bed Capacity (Up to 100 beds, 100-500 beds, Above 500 beds), By Region, Company Forecast & Opportunities, 2027" under Life Sciences Market Research Reports category. The Hospital Market Database in Saudi Arabia is projected to exhibit highest growth rate over report offers a collection of superior market research, market analysis, and competitive intelligence and industry reports.
Saudi Arabia Hospital Market is anticipated to grow at a formidable CAGR during the forecast period. The growth can be attributed to the increasing incidences of chronic disorders such as diabetes, cardiovascular diseases, neurological diseases, etc., due to sedentary lifestyle, poor eating habits, increased consumption of tobacco, etc. Rising health awareness and growing personal disposable income of middle-class population in the country are creating lucrative opportunities for the advanced hospitals in Saudi Arabia adding to the growth of hospital market. Growing presence of advanced diagnostic technology and rising innovations in the drug development are contributing to the Saudi Arabia hospital market growth significantly. Increased investments by the government to enhance healthcare infrastructure in the country and improved quality and service for better outcomes are boosting the growth of Saudi Arabia hospital market. Free healthcare services provided to the Saudi Arabia residents under national health insurance plans and privatization of public healthcare facilities are further expected to facilitate the growth of Saudi Arabia hospital market in the coming five years. Rising number of medical innovations, advanced diagnostic technology for early detection of diseases and research aid, as well as emergence of various cutting-edge medical institutions in the country are fueling the growth of Saudi Arabia hospital market. Companies dealing with pharmaceuticals, healthcare management facility, medical consumables, term care services, etc. are growing their consumer base, providing them a wide array of products and services for improved quality of life, which is aiding the growth of Saudi Arabia hospital market.
Saudi Arabia hospital market is segmented into ownership, type, type of services, bed capacity, regional distribution, and company. Based on ownership, the market can be further divided into public and private. The private segment is anticipated to dominate the Saudi Arabia hospital market owing to factors such privatization of public hospitals and expansion of private health insurance coverage.
Top companies in the Saudi Arabia hospital market are Middle East Healthcare Co., King Faisal Specialist Hospital and Research Centre, National Guard Health Affairs Hospital, Riyadh Military Hospital, Royal Commission Hospital, Abeer Medical Group, King Fahad Medical City, King Saud University Medical City, Dr. Sulaiman Al Habib Medical Group, Al Mouwasat Hospital, among others. Major companies are making significant efforts, both in terms of revenue & marketing strategies, to increase focus on specialty services and cancer care as well as increasing collaborations to sustain growth in the Saudi Arabia hospital market.
Years considered for this report:
Historical Years: 2017-2020
Base Year: 2021
Estimated Year: 2022E
Forecast Period: 2023F-2027F
Objective of the Study:
•To analyze the historical growth in the market size of Saudi Arabia hospital market from 2017 to 2021.
•To estimate and forecast the market size of Saudi Arabia hospital market from 2022E to 2027F and growth rate until 2027F.
•To classify and forecast Saudi Arabia hospital market based on ownership, type, type of services, bed capacity, regional distribution, and company.
•To identify dominant region or segment in the Saudi Arabia hospital market.
•To identify drivers and challenges for Saudi Arabia hospital market.
•To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Saudi Arabia hospital market.
•To identify and analyze the profile of leading players operating in Saudi Arabia hospital market.
•To identify key sustainable strategies adopted by market players in Saudi Arabia hospital market.
Key Target Audience:
•Market research and consulting firms
•Government bodies such as regulating authorities and policy makers
•Organizations, forums and alliances related to hospital market
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as hospitals, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
In this report, Saudi Arabia hospital market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
•Saudi Arabia Hospital Market, By Ownership:
•Saudi Arabia Hospital Market, By Type:
•Saudi Arabia Hospital Market, By Type of Services:
•Saudi Arabia Hospital Market, By Bed Capacity:
Up to 100 beds
Above 500 beds
•Saudi Arabia Hospital Market, By Region:
Northern & Central Region
Browse our full report with Table of Contents:
Market Reports on Saudi Arabia provides you with an in-depth industry reports focusing on various economic, political and operational risk environment, complemented by detailed sector analysis. We have an exhaustive coverage on variety of industries - ranging from energy and chemicals to transportation, communications, constructions and mining to Food and Beverage and education. Our collection includes over 3000 up-to-date reports all researched, analysed and published by top-notch international research firms.
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