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Saudi Medicare 2009
17 - 20 May
The 12th International Healthcare, Hospital Supplies and Medical Equipment Shows
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| Exhibition Overview |
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Unparalleled Business Opportunities in the Largest Medical Market in the Middle East
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Burgeoning Population Drives Strong Growth And Privatization In Medical Sector
With a population expected to grow 30% in the next 10 years, Saudi Arabia continues to expand its healthcare services to meet the growing needs of its people. Affluence from high oil prices has lead to rising life expectancy, an increasing over-65 population, an expanding expatriate workforce, its healthcare industry to meet the growing needs of its people. These factors create demand for healthcare. In response, the government has adopted a plan to privatize the sector, and increase spending:
• Total 2008 healthcare expenditure allocated at US$11.9; over US$20 billion expected expenditure by 2016
• 79 hospitals are under construction; new projects include over 250 primary care centers and 8 new hospitals
These factors offer endless opportunities to those looking to expand their business in this lucrative market.
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Public and Private Healthcare Investments Drive Demand for Latest Technologies
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There are over 379 government and private hospitals in Saudi Arabia with 53,192 beds. Demand for hospital beds is likely to grow to 70,000, and the number of hospitals is likely to rise to 502. To offset the current strain on hospitals, the Ministry of Health is planning to develop primary health centers into mini-hospitals with advanced facilities. The Kingdom has 1,850 health centers now. Additionally, the Ministry will set up new diabetic centers across the Kingdom at a cost of SR42 million (about US$11.2 million). |
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International investors will be flocking in record numbers to this year’s Saudi Medicare- the largest general healthcare show in the country
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All the top medical product manufacturers will be present at Saudi Medicare 2009. They’ll be interacting with prominent healthcare representatives on the lookout for lucrative deals. The exhibition will offer invaluable exposure to the world’s leading medical product companies. |
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Seize Exciting Investment Opportunities
at the Region’s Leading Medical Show
Specialized Services and Medicine in Strong Demand
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Rising affluence, unhealthy diet, a lack of exercise, and high rates of obesity in the Kingdom, has resulted in a prevalence of associated health problems, including diabetes and heart diseases. As incomes increase, and chronic disease persists, an increasing amount of money will be spent on healthcare treatments, such as leading-edge therapies. Yet the specialized services required to meet these demands are in short supply. |
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Opportunities Exist Across the Healthcare Spectrum at Saudi Medicare 2009
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INSURANCE
New regulations require employers to provide medical insurance for expatriate workers (over 7 million in Saudi Arabia now), and this will ultimately be extended to cover all workers in the country. Costs of the insurance initiative could reach over US$ 8 billion. To meet the demand, the Government has licensed 13 new insurance companies, but more are needed.PHARMACEUTICALSLatest available data showed that the Kingdom’s expenditure on drugs reached SR4.8 billion, one of the highest in the Middle East. Mandated drug coverage under new insurance laws will push spending even higher. Imports will continue, as well as an increase in domestic manufacturing.E-HEALTHTo cope with the complexity associated with a growing healthcare system, the Ministry of Health supports the establishment of a national electronic records system for healthcare. Consequently, hospital information systems, hardware, and associated software will be in high demand.PLASTIC SURGERYDemand for plastic surgery is on the rise. Clinics strive to meet consumer needs as medical advancements and value of currency has made plastic surgery cheaper relative to western countries. A diverse consumer segment - a young population (60% are under 17 years), and a significant expatriate population (more than 7m), also drive demand. High levels of discretionary income has helped the market to expand and experts estimate a double digit rate increase- the cosmetic clinic sector alone has grown 10 fold in 5 years. There is especially strong demand for weight related services, such as liposuction, due to the high levels of obesity among the population. |
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EDUCATION
Medical education is also set for a funding boost under the government’s plans in order to raise the number of trained medical staff, particular among Saudi nationals. Saudi Arabia faces a shortage of doctors and nursing staff, demand for physicians alone is likely to rise from 40,000 to 54,000, and the government has allocated funds to develop more medical schools, training centers and residency programs.
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Showcased at the event
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Ambulances |
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Analytical Equipment |
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Blood Pressure Monitors |
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Diagnostic Instrument |
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Disposable Equipment |
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E-Health |
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Electro medical |
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Exercise Machines |
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Gyms & Exercise Clubs |
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Health Foods |
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Health Insurance Companies |
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Hospital Clothing & Linen |
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Hospital Equipment |
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Hospitals & Clinics Furniture |
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Information technology |
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Instrumentation and Control Systems |
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Kitchen and Cantering Equipment |
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Laboratory Equipment |
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Laser products |
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Medical Colleges and Training Centers |
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Medical imaging |
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MRI Machine |
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Nursing and Physiotherapy Schools |
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Orthopaedic Prosthesis |
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Pharmaceuticals and Herbal Medicine |
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Physiotherapy Equipment |
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Publishers & Medical Books |
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Radiology devices |
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Rehabilitation and physiotherapy products |
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Software Houses |
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Sports Medicines |
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Surgery, hospital furniture and consumables |
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Surgical and emergency treatment equipment |
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Surgical Instruments |
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Telemedicine |
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Ultrasonic devices for diagnostics |
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Ultrasound Machines |
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