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Saudi healthcare spending to grow by 10pc

Riyadh, August 19, 2013

Healthcare spending in Saudi Arabia is expected to grow by 10.3 per cent this year to SR98 billion ($26.7 billion) over SR88.9 billion last year, said a report.

The Saudi Government has announced that major projects involving healthcare along with other key sectors such as education will get additional funding and strong governmental focus in the coming months.

At the same time, the kingdom’s IT expenditure is projected to increase by around 6.6 per cent to SR 15.3 billion this year. These parallel developments are expected to open up major opportunities in healthcare-related cloud computing adoption and investments in smart systems, among others.

CompuGroup Medical (CGM), the leading IT healthcare solutions provider in the Middle East and Turkey, reports that more IT systems, equipment and services are needed to sustain the local and regional healthcare boom.

 “There are several elements that are driving the growth of IT healthcare solutions in the kingdom, such as a large and affluent population that is willing to support the adoption of leading medical systems and practices, a robust ICT sector, and increasing government focus on improving the quality of life of residents and citizens,” said Thomas Reitmayr, vice president - Business Development, CGM CEE.

CGM’s offerings include Corttex Integrated Hospital Information Management System Environment, the CGM CNG Clinical Information Systems, and the iOS-based iCNG Mobile Applications. - TradeArabia News Service




Tags: Saudi Arabia | Healthcare | IT | Spend | CGM | CompuGroup |

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