Saudi healthcare spending expected to increase to US$ 160 billion by 2030
- Healthcare to play vital role in diversification of the Kingdom’s economy from hydrocarbons as part of the country’s Vision 2030
- Successful growth of the healthcare sector will be dependent upon embracing, developing and adopting new technologies and innovations in line with population growth
- Saudi participation is expected to grow by 20% for the 2020 edition of Arab Health
Dubai, United Arab Emirates, 28th October 2019: Arab Health, the largest exhibition for healthcare and trade professionals in the MENA region, has revealed Saudi Arabia’s healthcare spending has grown at a Compound Annual Growth Rate (CAGR) of 12.1% in the last nine years to US$45.9 billion, and is expected to increase to US$160 billion by 2030.
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