1888PressRelease.com
1888 PressRelease Home Sign In Register About Us Sitemap
  
17
Oct
2009

Medical Devices to Drive Growth in Saudi Healthcare Industry

Medical device market in Saudi Arabia is forecasted to grow at a CAGR of around 7% in next three years, says a new research by RNCOS.


(1888PressRelease) October 17, 2009 - Saudi Arabia represents one of the most lucrative healthcare markets in the world. Healthcare spending in the country has grown at a rapid pace in the last few years, primarily due to increasing prevalence of chronic and lifestyle diseases. As per a new research report “Saudi Arabian Healthcare Market Forecast to 2012” by RNCOS, it is estimated that the medical device market in Saudi Arabia will grow at a CAGR of around 7% during 2010-2012.

The new research has done an extensive study on the medical device market in Saudi Arabia, with focus on present and future trends to enable clients understand the market dynamics. With increasing awareness among people about having a healthy living, the medical device industry in Saudi Arabia will see strong growth in demand. In this regard, the report provides ample information about demographic and diseases profile. Besides this, the report contains trade statistics of the medical device industry.

We have also studied different segments of the industry in order to identify developments and changes occurred in past few years. After thorough evaluation, we have found that there is a strong demand for hospitals and hospital beds in the country as the present infrastructure is insufficient to provide good healthcare facilities to people. Moreover, our research report encapsulates reliable statistics on number of hospitals and beds in each hospital to give a fair idea about the current status of hospital service market in Saudi Arabia.

“We believe that current efforts of the government will drive growth in the Saudi Arabian healthcare market, provided it should seriously consider the challenges such as ‘Staff Shortage’ and ‘Reform Delay’ currently impeding the industry progress”, said an Analyst at RNCOS.

“Saudi Arabian Healthcare Market Forecast to 2012” provides a complete overview of the regulatory environment and steps taken by the government to support the industry growth. This will give our client an additional edge over other competitors in the market. Overall, our research study provides valuable information to clients looking to venture into the Saudi Arabian healthcare market.

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM173.htm

Check DISCOUNTED REPORTS on: http://www.rncos.com

About RNCOS:
RNCOS, incorporated in the year 2002, is an industry research firm. We are a team of industry experts who analyze data collected from credible sources. We provide industry insights and analysis that helps corporations to take timely and accurate business decision in today's globally competitive environment.

###
 

Other Related Press Releases

Ortega Chiropractic Clinic Declares Its Observance of National Chiropractic Month by Ortega Chiropractic Clinic And Orthopedics

Dr. Sharon Taylor to appear on the CBS affiliated Open to Hope National Radio Show by Opentohope.com

Medical Devices to Drive Growth in Saudi Healthcare Industry by Rncos

Napco's 'Fam 25 Years' Campaign Offers Damas Jewellery by Indevco Group

Dial an FM! Bay Talkitec brings Indian Entertainment to North America by Prhub

Lloyds Finance Group provides US $100 Million Financing by Lloyds Finance Group

Contact Information

Shushmul Maheshwari

Rncos

110092

Voice: 91-11-4214-1229

Visit our Site

Press Release Tools