Showing posts with label Polyclinic Market Saudi Arabia. Show all posts
Showing posts with label Polyclinic Market Saudi Arabia. Show all posts

Monday, April 4, 2016

The Market for Saudi Arabia Medical Devices is Expected to Flourish at a Noteworthy CAGR of 6.5% over 2015-2019 – Ken Research

Saudi Arabia’s first organized healthcare system was established in the year 1926 under which two hospitals were opened, Ajyad hospital in Makkah and Bab Shareef hospital in Jeddah. Prior to this the healthcare system in Saudi Arabia was completely unorganized. The real expansion of the overall healthcare sector of the country, however, only occurred over 1980-1990 during which a large number of hospitals and primary health centers were established all around the kingdom. Despite the advancements made by the MOH, supply of healthcare facilities struggled to keep struggled to match the pace of the escalating population. Therefore, to meet the shortfall the government started taking initiatives to encourage the involvement of private players in this potentially lucrative sector.
Over the last few years the government of Saudi Arabia has directed its efforts towards improving the overall healthcare of the country due to which the overall Healthcare Market has grown considerably. Healthcare market revenues have augmented at a noteworthy CAGR of 10.0% during 2009-2014. This growth in the market revenues has been perceived on account of consistent excellent performance of pharmacy retail Sector. This enhancement in the market was also assisted by significant growth of the country’s medical devices market and polyclinic Market.
The Saudi Arabia Healthcare Market has been segmented on the basis of different sectors namely polyclinic market, hospital market, pharmacy market and medical devices market. It has been found that the Polyclinic market contributed major proportion of the revenue generated from 2009-2014. It mainly includes MOH Polyclinics and Private Polyclinics during 2009-2014. Market on the other hand, has been considered as the second largest sector in the overall Healthcare Market. It mainly includes MOH hospitals and Private hospitals. Pharmacy Retail Market has been considered as the third largest sector in the overall Healthcare Market, It mainly includes Hospital Based Pharmacies, Pharmacies in Polyclinics and Chain based Pharmacies.


Saudi Arabia pharmacy retail market has been segmented on the basis of major cities that account for majority of Pharmacies. Riyadh has been the most dominant region in the Saudi Arabia pharmacy retail market during 2014. The reason behind this domination is that Riyadh is the capital of Saudi Arabia with the largest share of working class population and comprised of most number of hospitals and polyclinics in the country during 2014. Jeddah has been the second major city of pharmacies across Saudi Arabia during 2014. The reason behind this is that Jeddah is considered as the commercial hub of Saudi Arabia and is the second largest city in the country with a population base only second to Riyadh.
Saudi Arabia pharmacy retail market can be segmented on the basis of patented, private label goods (OTC products) and generic drugs. Patented drugs dominated the Saudi Arabia pharmacy retail market during 2014. The private label goods segment is second largest category of the overall pharmacy revenues during 2014. This has been due to the growing consumer income, stronger advertising support and tendency of customers to purchase additional consumer skin care and hair care products along with medicine over the counter. Generic drugs have been the smallest segment in pharmacy retail sector of Saudi Arabia.
For further detail follow the below mentioned link:
https://www.kenresearch.com/healthcare/general-healthcare/saudi-arabia-healthcare-market-research-report/1106-91.html
Contact:
KenResearch
AnkurGupta,HeadMarketing&Communications
Ankur@kenresearch.com
+91-9015378249

Wednesday, October 21, 2015

Saudi Arabia Healthcare Market is expected to reach over SAR 120 Billion by 2019: Ken Research

·         Future Growth in Saudi Arabia Healthcare Industry is expected to be led by Polyclinics and Healthcare Centers in the country.
·         Ministry of Health of Saudi Arabia will be the major healthcare provider in the country over the coming years.
Latest market research report by Ken Research on “Saudi ArabiaHealthcare Market Outlook to 2019- Rising Lifestyle Diseases and GovernmentInvestment to Spur Future Growth” provides a comprehensive analysis Healthcare Industry in Saudi Arabia. The report covers various aspects such as market size of Saudi Arabia Healthcare market, segmentation on the basis of Hospitals, Polyclinics, Pharmacy Retail Sector and Medical Devices Sector of the industry. The report is useful for Healthcare Industry Consultants, various healthcare professionals and manufacturers of medical devices.
The Healthcare market in Saudi Arabia has witnessed a growth in recent years on account of rising demand for healthcare services fueled by increasing incidence of life style related diseases and expanding population base of the country. The growth in this segment has been largely led by inclining government investment over the past five years. More than 60% of the healthcare services in the country are provided by the Ministry of Health of Saudi Arabia. The Saudi Arabia Healthcare market revenues have grown at a CAGR of 10.0% from 2009-2014.


While the government has taken great steps to enhance public health-care delivery systems, it has fallen short on its stipulated targets outlined in the Kingdom's successive development plans. The burden of satisfying the escalating demand for various healthcare services in the country has fallen primarily on the Saudi Government over the past five years. The government therefore has been encouraging private participation in the healthcare sector, especially over the past couple of years.
According to the research report, the Saudi Arabia Healthcare market will grow at a considerable CAGR rate thus exceeding SAR 127.5 billion by 2019 due to the spurring investments by the Saudi Government in the healthcare sector, new pharmacy retail stores, and increasing imports of medical devices.
As per the recommendations of Research Analyst , Ken Research” the penetration of hospitals is lower in Tier-II and Tier-III cities and thus recommends that a gradual shift towards setting up more hospitals in Tier-II and Tier-III cities will enable the healthcare providers to serve different consumer segments such as lower middle income and rural population. Moreover, in the Medical devices market, the country has showcased huge dependence on imports. Hence, the country should encourage increasing production for medical devices in the domestic arena.
Key Topics Covered in the Report:
·         Healthcare Market Size by Revenues
o   Market Segmentation by Sectors ( Hospital market, Polyclinic market, Pharmacy Retail market, Medical devices market)
·         Hospital market Size by Revenues and Number of Hospitals
o   Market Segmentation by
-          MOH and private Hospitals
-          Number of Inpatients
-          Number of Outpatients
-          Region
·         Pharmacy Retail market Size by Revenues
o   Market Segmentation by
-          Region
-          Drugs
-          Type of Pharmacies
·         Polyclinic market Size by Revenues
o   Market Segmentation by
-          MOH and private Polyclinics
-          Outpatients and Diagnostic Labs
-          Region
·         Medical Devices market Size by Consumption Value and Consumption Volume
o   Market Segmentation by
-          Products
-          Imports and Domestic Production
-          Usage
·         Trends and Development
·         SWOT Analysis
·         Export and Import
·         Business Models of Major Players
·         Competition and Market Share
·         Growth Drivers
·         Future Outlook
·         Macro Economic Parameters
Key Products Mentioned in the Report
Saudi Arabia Hospitals
Saudi Arabia Pharmacies
Saudi Arabia Polyclinics
Saudi Arabia Medical Devices
Patented Drugs
OTC and Generic Drugs
DRX-1 Systems
Medical Gloves, Sutures, Syringes and Cotton Swabs
Needles, Catheters, Electro-Diagnostic Apparatus, Orthopedic appliances
Cardiological, Nephrological, Oncological Medical Devices
Players Covered in the Report
Hospital Market
King Fahad Medical City
King Faisal Specialist Hospital and Research Centre
Saudi German Hospitals
Mouwasat Hospitals
Pharmacy Market
Jamjoom Medical Industries
Nahdi
Nawah Healthcare
Gulf Medical Company
Al-Dawaa
Al-Faisaliah
Polyclinic Market
Wahat Al Shifa Polyclinic
Asian Polyclinic
Shifa Jeddah Polyclinic
Medical Devices
Gulf Medical Company
Nawah Healthcare
Al Faisaliah Medical Systems
Jamjoom Medical Industries
Related Reports:
 Contact:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249