RIYADH – Healthcare spending in Saudi Arabia is expected to grow by 10.3 percent this year to SR98 billion over 2012’s SR88.9 billion. 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 percent to SR15.3 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, said that more IT systems, equipment and services are needed to sustain the local and regional healthcare boom. CGM added that the Kingdom is well-positioned to leverage technology to optimize national healthcare capabilities given its status as the largest information and communications technology (ICT) market in the Gulf. This keeps pace with the global trend of highlighting IT solutions to achieve development in various fields.
“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. Industry should capitalize on such an ideal environment to boost IT healthcare research and development and strive to sustain the growth of this important niche segment,” said Thomas Reitmayr, Vice President – Business Development, CGM CEE.
“Numerous factors indicate that the Saudi healthcare sector will continue with its rapid growth in the coming years, the most telling of which is the growing desire among the current population to improve their well being. With surging healthcare demand, strong government support, a robust economy and a thriving ICT community, the Kingdom is right on track to become a regional and global leader in IT healthcare systems development and adoption as well,” added Mehmet Bilginsoy, General Manager, CGM Middle East.-Saudi Gazette
