health care and diagnostics sector saudi arabia - opportunity arabia 11, 2014
DESCRIPTION
This presentation was shown at Opportunity Arabia 11, 2014. It looks at the Saudi Arabian Health Care Sector and the opportunities in this sector for UK businesses. The sector is developing quickly and there are opportunities in all areas but especially high tech medicine, diagnostic equipment, IT and hospital management.TRANSCRIPT
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Health Care Sector Saudi Arabia
Opportunity Arabia 11October 2nd 2014
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Saudi Arabia – The Market
Largest market for health care services and products in the GCC
Medical, Dental, Veterinary
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Healthcare & Diagnostic Market• Epicentre of healthcare and technology in
the GCC – demand for high tech
• Expansion of health care services
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Demand Drivers 1
Demographics• High Population Growth - 30 million by 2016• Aging Population (over 60s set to double)• 60% of population under age 25• Lifestyle: Diabetes, Obesity, Cardiovascular & Respiratory
Diseases.
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Demand Drivers 2
Government Actions• Increased Government expenditures ($28Billion 2014)• Promotion of privatisation• New medical insurance LawAided by demographics and interest in advanced technology,
products and services
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Health Care Sector
National Health Care System
Government provides health care via several Government agencies: MOH, MODA, NGHA,MOI, MOE
(70% of services Primary to Tertiary)
Private Sector – growing role (30% of services Primary and Secondary)
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Ministry of Health (MOH)
Regulation
Planning
Finance
Management
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Budgetary Allocations % GDP
KSA USA Japan China Germany0
2
4
6
8
10
12
14
16
18
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Challenges
Infrastructure, Geography, Quality • Inadequate infrastructure• Staff shortages in all disciplines• Rural versus Urban Disparity in resources• Quality of Services – need for standard regulatory
framework
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Policy Aims
10 YEAR STRATEGIC PLAN• Increase capacity• Improve quality
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Blue Print for Change
• Level 1: Government Sponsored• Level 2: Emerging Health System – more
private providers• Level 3: Intermediate Health System
(Government provision limited, increased regulation)
• Level 4: Market Driven Health System
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Government Plans -1
• MOH: Preventative and Curative Primary Care.
• General Organisation for Hospitals (GOH): Transfer all MOH assets in preparation for public private co-operation
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Government Plans -2National Health Fund
• Established under Ministry of Finance to fund directly health care services to patients
• Upgrade IT Systems
• Regulatory Framework
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Opportunities 1. Infrastructure: Hospital and Clinic Design2. Medical Technology3. Information Systems4. Medical supplies and consumables5. Education and Training6. Maintenance and after sales services
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Investment Opportunities 1
Hospital Construction – over 100 new hospitals
6 new medical cities - Highly specialised centres for cancer, organ transplant surgery,
eye surgery and cardiac diseases.
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Investment Opportunities 2
Provision of Health Care
Tertiary: Complex clinical areas – Oncology, Organ Transplant
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Investment Opportunities 3
• Secondary Care: centres for treatment of chronic diseases eg Diabetes, hypertension
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Investment Opportunities 4
Ambulatory Care and Diagnostic Centres
• Physician practice groups• Disease management clinics
• Diagnostic imaging• Laboratory Services
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Investment Opportunities 5
Generic Pharmaceuticals Manufacture
AnalgesicsVitaminsAntibioticsBeta Blockers
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Investment Opportunities 6
Medical Device Manufacturing
Rapidly growing market and effective regulation
• Bandages, catheters, dentures, ECG Machines• X Ray Films
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Investment Opportunities 7
• Insurance: cover a higher percentage of population
• Education: medical and nursing schools
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Investment Opportunities 8
E Health Services
Electronic Health RecordsTelemedicine
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Companies: Orange
• Digital transformation of the healthcare sector with smart solutions – E Health and Mobile Health
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Companies: GE Healthcare
Set up Radiological Departments – CT, MRI,Ultrasound, Nuclear Medicine
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Companies: Siemens
• Sponsoring education and training in Saudi Arabia• New Technology: CT- The Somatom Force. 4D imaging• Biograph mCT Flow: PET /CT scanner
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Companies: Olympus
High End Microscopy Conventions
• 3 cities in Saudi Arabia• Demonstration and Training
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New York Presbyterian Hospital
Co-Operation – Knowledge Sharing
November 2013: New York-Presbyterian Global Services and Al Murjan Medical Company Limited signed agreement
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Companies: Novum Pharmaceuticals
Clinical Trials
• Dutch Company• Pharma Research and Clinical Trials
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Companies: Al Faisaliah Group
Al Faisaliah Medical Systems ("FMS") leading provider of medical equipment, solutions, and supplies .
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Exhibition
Saudi Health Exhibition
Riyadh May 18-20, 2015www.saudihealthexhibition.com