The increasing government support for the local health care industry has given Saudi Arabia’s leading health care solution providers an opportunity to introduce their innovative solutions and services in the kingdom.

Building on the vast market prospects, Riyadh Exhibitions Company (REC) has been extending similar support as part of its contributions to the sector’s development, said a statement.

Through its exhibitions, it brings together key industry players and leaders from across the world to provide them an ideal platform to explore significant market opportunities, it said.

Saudi Health Exhibition and Conferences 2015, the latest edition of the largest health care event in Saudi Arabia, will from from May 18 to 20 at the Riyadh International Convention and Exhibition Centre, under the patronage of the Saudi Ministry of Health and organised in co-operation with Informa Life Sciences Exhibitions.

The event will host more than 13,000 exhibitors and visitors, and offer over 8,000 sq m of exhibition space, which will feature 12 official country pavilions and 350 exhibitors from 38 countries.

Saudi Arabia, which comprises over two-thirds of the total GCC population, is the largest health care spender in the region. As its population steadily climbs, the kingdom’s spending is projected to further increase by an average of 6.2 per cent a year between 2014 and 2018.

Five medical cities and 132 hospitals are currently being constructed or in the pipeline, with the Ministry having awarded contracts for the construction of 34 new hospitals and health care centres across the kingdom.

Saudi Health 2015 aims to bring in more businesses to the local market by opening up new opportunities, reinforcing existing partnerships, and providing a platform to launch new products and services.

“Health care has always been one of the Kingdom’s budget priorities as evidenced by the many significant projects launched by the government to ensure that the health needs of its growing population are consistently and satisfactorily addressed,” according to an REC official.

“The Saudi Health Exhibition and Conferences is a testament to our full commitment to strategically contribute to the government’s ongoing efforts. As in previous years, we will provide a platform for all industry stakeholders to meet, learn and do business. The event will showcase the latest technologies as well as assist companies that are interested in bringing their respective businesses to the local market. We invite all stakeholders to take advantage of these immense industry opportunities by supporting and coming to our event,” he added. - TradeArabia News Service