Saudi Arabia Healthcare Industry Reforms

The reform agenda includes plans to invest $65 billion to overhaul healthcare infrastructure, train and incentivize local healthcare professionals, reorganize, and privatize health services and insurance, launch 21 “health clusters” across the country, and expand the provision of e-health services as part of the Vision 2030 economic diversification program.  Through these efforts, the Saudi government aims to increase private sector participation in the health sector from 20 to 35 percent by 2030 by privatizing 290 hospitals and 2,300 primary health centers. 

For 2023, Saudi Arabia has allocated a budget of USD 50.4 bn (SAR 189 bn), constituting a 4.5 percent reduction compared to the previous fiscal year. In 2023, Saudi Arabia will inaugurate three hospitals around the country with a total targeted capacity of 900 beds. Four hospitals will provide debut specialized services for the elderly and home health services through in-home dialysis, home ventilator services, and mother/childcare services after a home birth and palliative care). 

As part of the transformation, the Ministry of Health (MOH) aims to increase primary care services through a doctor-for-every-family model, with a goal to register and reach over 20 million beneficiaries, improving their access to health services.  

Saudi Arabia’s rapidly developing healthcare market and country-wide sectoral transformation creates significant opportunities for innovative U.S. companies with expertise in areas of digital health, medical devices, pharma & biosciences, specialist clinics & ambulatory care centers, training & education, etc. 

For more information, please contact Khalid Khan, Commercial Specialist at Khalid.Khan@trade.gov