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Healthcare It Market in Saudi Arabia 2024-2028- Product Image
Healthcare It Market in Saudi Arabia 2024-2028- Product Image
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Healthcare It Market in Saudi Arabia 2024-2028

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    Report

  • 137 Pages
  • July 2024
  • Region: Saudi Arabia
  • TechNavio
  • ID: 5868377
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The healthcare IT market in Saudi Arabia is forecasted to grow by USD 2.01 billion during 2023-2028, accelerating at a CAGR of 10.22% during the forecast period. The report on the healthcare IT market in Saudi Arabia provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing number of chronic diseases, growing aging population, and rising need for automation across departments in Saudi Arabia.

The healthcare IT market in Saudi Arabia is segmented as below:

By Component

  • Services
  • Software
  • Hardware

By End-user

  • Healthcare providers
  • Healthcare payers

By Geographical Landscape

  • Middle East and Africa
This study identifies the increase in adoption of telemedicine and other digital health solutions as one of the prime reasons driving the healthcare IT market in Saudi Arabia growth during the next few years. Also, healthcare providers and government agencies leveraging social media analytics and increasing use of internet-enabled mobile devices in healthcare it will lead to sizable demand in the market.

The report on the healthcare IT market in Saudi Arabia covers the following areas:

  • Healthcare IT market in Saudi Arabia sizing
  • Healthcare IT market in Saudi Arabia forecast
  • Healthcare IT market in Saudi Arabia industry analysis
A robust vendor analysis within the report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading healthcare IT market in Saudi Arabia vendors that include 3M Co., Abbott Laboratories, athenahealth Inc., Bupa Arabia, Cognizant Technology Solutions Corp., Dassault Systemes SE, Dell Technologies Inc., Epic Systems Corp., General Electric Co., Informa PLC, International Business Machines Corp., King Faisal Specialist Hospital and Research Centers General Orga, Koninklijke Philips N.V., Microsoft Corp., Ministry of National Guard Health Affairs, Oracle Corp., Siemens AG, Tata Sons Pvt. Ltd., and Wipro Ltd. Also, the healthcare IT market in Saudi Arabia analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. IT presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Country Market Characteristics
Executive Summary - Chart on Market Segmentation by Component
Executive Summary - Chart on Market Segmentation by End-user
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on Saudi Arabia - Market size and forecast 2023-2028 ($ million)
Data Table on Saudi Arabia - Market size and forecast 2023-2028 ($ million)
Chart on Saudi Arabia: Year-over-year growth 2023-2028 (%)
Data Table on Saudi Arabia: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Healthcare IT Market in Saudi Arabia 2018 - 2022
Historic Market Size - Data Table on Healthcare IT Market in Saudi Arabia 2018 - 2022 ($ million)
4.2 Component segment analysis 2018 - 2022
Historic Market Size - Component Segment 2018 - 2022 ($ million)
4.3 End-user segment analysis 2018 - 2022
Historic Market Size - End-user Segment 2018 - 2022 ($ million)
5 Five Forces Analysis
5.1 Five forces summary
Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Component
6.1 Market segments
Chart on Component - Market share 2023-2028 (%)
Data Table on Component - Market share 2023-2028 (%)
6.2 Comparison by Component
Chart on Comparison by Component
Data Table on Comparison by Component
6.3 Services - Market size and forecast 2023-2028
Chart on Services - Market size and forecast 2023-2028 ($ million)
Data Table on Services - Market size and forecast 2023-2028 ($ million)
Chart on Services - Year-over-year growth 2023-2028 (%)
Data Table on Services - Year-over-year growth 2023-2028 (%)
6.4 Software - Market size and forecast 2023-2028
Chart on Software - Market size and forecast 2023-2028 ($ million)
Data Table on Software - Market size and forecast 2023-2028 ($ million)
Chart on Software - Year-over-year growth 2023-2028 (%)
Data Table on Software - Year-over-year growth 2023-2028 (%)
6.5 Hardware - Market size and forecast 2023-2028
Chart on Hardware - Market size and forecast 2023-2028 ($ million)
Data Table on Hardware - Market size and forecast 2023-2028 ($ million)
Chart on Hardware - Year-over-year growth 2023-2028 (%)
Data Table on Hardware - Year-over-year growth 2023-2028 (%)
6.6 Market opportunity by Component
Market opportunity by Component ($ million)
Data Table on Market opportunity by Component ($ million)
7 Market Segmentation by End-user
7.1 Market segments
Chart on End-user - Market share 2023-2028 (%)
Data Table on End-user - Market share 2023-2028 (%)
7.2 Comparison by End-user
Chart on Comparison by End-user
Data Table on Comparison by End-user
7.3 Healthcare providers - Market size and forecast 2023-2028
Chart on Healthcare providers - Market size and forecast 2023-2028 ($ million)
Data Table on Healthcare providers - Market size and forecast 2023-2028 ($ million)
Chart on Healthcare providers - Year-over-year growth 2023-2028 (%)
Data Table on Healthcare providers - Year-over-year growth 2023-2028 (%)
7.4 Healthcare payers - Market size and forecast 2023-2028
Chart on Healthcare payers - Market size and forecast 2023-2028 ($ million)
Data Table on Healthcare payers - Market size and forecast 2023-2028 ($ million)
Chart on Healthcare payers - Year-over-year growth 2023-2028 (%)
Data Table on Healthcare payers - Year-over-year growth 2023-2028 (%)
7.5 Market opportunity by End-user
Market opportunity by End-user ($ million)
Data Table on Market opportunity by End-user ($ million)
8 Customer Landscape
8.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Drivers, Challenges, and Opportunity/Restraints
9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
Impact of drivers and challenges in 2023 and 2028
9.4 Market opportunities/restraints
10 Competitive Landscape
10.1 Overview
10.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
10.3 Landscape disruption
Overview on factors of disruption
10.4 Industry risks
Impact of key risks on business
11 Competitive Analysis
11.1 Companies profiled
Companies covered
11.2 Market positioning of companies
Matrix on companies position and classification
3M Co.
3M Co. - Overview
3M Co. - Business segments
3M Co. - Key news
3M Co. - Key offerings
3M Co. - Segment focus
11.4 Abbott Laboratories
Abbott Laboratories - Overview
Abbott Laboratories - Business segments
Abbott Laboratories - Key news
Abbott Laboratories - Key offerings
Abbott Laboratories - Segment focus
11.5 Bupa Arabia
Bupa Arabia - Overview
Bupa Arabia - Product / Service
Bupa Arabia - Key offerings
11.6 Cognizant Technology Solutions Corp.
Cognizant Technology Solutions Corp. - Overview
Cognizant Technology Solutions Corp. - Business segments
Cognizant Technology Solutions Corp. - Key news
Cognizant Technology Solutions Corp. - Key offerings
Cognizant Technology Solutions Corp. - Segment focus
11.7 Dassault Systemes SE
Dassault Systemes SE - Overview
Dassault Systemes SE - Product / Service
Dassault Systemes SE - Key news
Dassault Systemes SE - Key offerings
11.8 Dell Technologies Inc.
Dell Technologies Inc. - Overview
Dell Technologies Inc. - Business segments
Dell Technologies Inc. - Key news
Dell Technologies Inc. - Key offerings
Dell Technologies Inc. - Segment focus
11.9 Epic Systems Corp.
Epic Systems Corp. - Overview
Epic Systems Corp. - Product / Service
Epic Systems Corp. - Key offerings
11.10 General Electric Co.
General Electric Co. - Overview
General Electric Co. - Business segments
General Electric Co. - Key news
General Electric Co. - Key offerings
General Electric Co. - Segment focus
11.11 International Business Machines Corp.
International Business Machines Corp. - Overview
International Business Machines Corp. - Business segments
International Business Machines Corp. - Key news
International Business Machines Corp. - Key offerings
International Business Machines Corp. - Segment focus
11.12 King Faisal Specialist Hospital and Research Centers General Orga
King Faisal Specialist Hospital and Research Centers General Orga - Overview
King Faisal Specialist Hospital and Research Centers General Orga - Product / Service
King Faisal Specialist Hospital and Research Centers General Orga - Key offerings
11.13 Koninklijke Philips N.V.
Koninklijke Philips N.V. - Overview
Koninklijke Philips N.V. - Business segments
Koninklijke Philips N.V. - Key news
Koninklijke Philips N.V. - Key offerings
Koninklijke Philips N.V. - Segment focus
11.14 Microsoft Corp.
Microsoft Corp. - Overview
Microsoft Corp. - Business segments
Microsoft Corp. - Key news
Microsoft Corp. - Key offerings
Microsoft Corp. - Segment focus
11.15 Ministry of National Guard Health Affairs
Ministry of National Guard Health Affairs - Overview
Ministry of National Guard Health Affairs - Product / Service
Ministry of National Guard Health Affairs - Key offerings
11.16 Oracle Corp.
Oracle Corp. - Overview
Oracle Corp. - Business segments
Oracle Corp. - Key news
Oracle Corp. - Key offerings
Oracle Corp. - Segment focus
11.17 Siemens AG
Siemens AG - Overview
Siemens AG - Business segments
Siemens AG - Key news
Siemens AG - Key offerings
Siemens AG - Segment focus
12 Appendix
12.1 Scope of the report
12.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
12.3 Currency conversion rates for US$
Currency conversion rates for US$
12.4 Research methodology
Research methodology
12.5 Data procurement
Information sources
12.6 Data validation
Data validation
12.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
12.8 Data synthesis
Data synthesis
360 degree market analysis
360 degree market analysis
12.10 List of abbreviations
List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Country Market Characteristics
Exhibits 4: Executive Summary - Chart on Market Segmentation by Component
Exhibits 5: Executive Summary - Chart on Market Segmentation by End-user
Exhibits 6: Executive Summary - Chart on Company Market Positioning
Exhibits 7: Parent Market
Exhibits 8: Data Table on - Parent Market
Exhibits 9: Market characteristics analysis
Exhibits 10: Value Chain Analysis
Exhibits 11: Offerings of companies included in the market definition
Exhibits 12: Market segments
Exhibits 13: Chart on Saudi Arabia - Market size and forecast 2023-2028 ($ million)
Exhibits 14: Data Table on Saudi Arabia - Market size and forecast 2023-2028 ($ million)
Exhibits 15: Chart on Saudi Arabia: Year-over-year growth 2023-2028 (%)
Exhibits 16: Data Table on Saudi Arabia: Year-over-year growth 2023-2028 (%)
Exhibits 17: Historic Market Size - Data Table on Healthcare IT Market in Saudi Arabia 2018 - 2022 ($ million)
Exhibits 18: Historic Market Size - Component Segment 2018 - 2022 ($ million)
Exhibits 19: Historic Market Size - End-user Segment 2018 - 2022 ($ million)
Exhibits 20: Five forces analysis - Comparison between 2023 and 2028
Exhibits 21: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits 22: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits 23: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits 24: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits 25: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits 26: Chart on Market condition - Five forces 2023 and 2028
Exhibits 27: Chart on Component - Market share 2023-2028 (%)
Exhibits 28: Data Table on Component - Market share 2023-2028 (%)
Exhibits 29: Chart on Comparison by Component
Exhibits 30: Data Table on Comparison by Component
Exhibits 31: Chart on Services - Market size and forecast 2023-2028 ($ million)
Exhibits 32: Data Table on Services - Market size and forecast 2023-2028 ($ million)
Exhibits 33: Chart on Services - Year-over-year growth 2023-2028 (%)
Exhibits 34: Data Table on Services - Year-over-year growth 2023-2028 (%)
Exhibits 35: Chart on Software - Market size and forecast 2023-2028 ($ million)
Exhibits 36: Data Table on Software - Market size and forecast 2023-2028 ($ million)
Exhibits 37: Chart on Software - Year-over-year growth 2023-2028 (%)
Exhibits 38: Data Table on Software - Year-over-year growth 2023-2028 (%)
Exhibits 39: Chart on Hardware - Market size and forecast 2023-2028 ($ million)
Exhibits 40: Data Table on Hardware - Market size and forecast 2023-2028 ($ million)
Exhibits 41: Chart on Hardware - Year-over-year growth 2023-2028 (%)
Exhibits 42: Data Table on Hardware - Year-over-year growth 2023-2028 (%)
Exhibits 43: Market opportunity by Component ($ million)
Exhibits 44: Data Table on Market opportunity by Component ($ million)
Exhibits 45: Chart on End-user - Market share 2023-2028 (%)
Exhibits 46: Data Table on End-user - Market share 2023-2028 (%)
Exhibits 47: Chart on Comparison by End-user
Exhibits 48: Data Table on Comparison by End-user
Exhibits 49: Chart on Healthcare providers - Market size and forecast 2023-2028 ($ million)
Exhibits 50: Data Table on Healthcare providers - Market size and forecast 2023-2028 ($ million)
Exhibits 51: Chart on Healthcare providers - Year-over-year growth 2023-2028 (%)
Exhibits 52: Data Table on Healthcare providers - Year-over-year growth 2023-2028 (%)
Exhibits 53: Chart on Healthcare payers - Market size and forecast 2023-2028 ($ million)
Exhibits 54: Data Table on Healthcare payers - Market size and forecast 2023-2028 ($ million)
Exhibits 55: Chart on Healthcare payers - Year-over-year growth 2023-2028 (%)
Exhibits 56: Data Table on Healthcare payers - Year-over-year growth 2023-2028 (%)
Exhibits 57: Market opportunity by End-user ($ million)
Exhibits 58: Data Table on Market opportunity by End-user ($ million)
Exhibits 59: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 60: Impact of drivers and challenges in 2023 and 2028
Exhibits 61: Overview on criticality of inputs and factors of differentiation
Exhibits 62: Overview on factors of disruption
Exhibits 63: Impact of key risks on business
Exhibits 64: Companies covered
Exhibits 65: Matrix on companies position and classification
Exhibits 66: 3M Co. - Overview
Exhibits 67: 3M Co. - Business segments
Exhibits 68: 3M Co. - Key news
Exhibits 69: 3M Co. - Key offerings
Exhibits 70: 3M Co. - Segment focus
Exhibits 71: Abbott Laboratories - Overview
Exhibits 72: Abbott Laboratories - Business segments
Exhibits 73: Abbott Laboratories - Key news
Exhibits 74: Abbott Laboratories - Key offerings
Exhibits 75: Abbott Laboratories - Segment focus
Exhibits 76: Bupa Arabia - Overview
Exhibits 77: Bupa Arabia - Product / Service
Exhibits 78: Bupa Arabia - Key offerings
Exhibits 79: Cognizant Technology Solutions Corp. - Overview
Exhibits 80: Cognizant Technology Solutions Corp. - Business segments
Exhibits 81: Cognizant Technology Solutions Corp. - Key news
Exhibits 82: Cognizant Technology Solutions Corp. - Key offerings
Exhibits 83: Cognizant Technology Solutions Corp. - Segment focus
Exhibits 84: Dassault Systemes SE - Overview
Exhibits 85: Dassault Systemes SE - Product / Service
Exhibits 86: Dassault Systemes SE - Key news
Exhibits 87: Dassault Systemes SE - Key offerings
Exhibits 88: Dell Technologies Inc. - Overview
Exhibits 89: Dell Technologies Inc. - Business segments
Exhibits 90: Dell Technologies Inc. - Key news
Exhibits 91: Dell Technologies Inc. - Key offerings
Exhibits 92: Dell Technologies Inc. - Segment focus
Exhibits 93: Epic Systems Corp. - Overview
Exhibits 94: Epic Systems Corp. - Product / Service
Exhibits 95: Epic Systems Corp. - Key offerings
Exhibits 96: General Electric Co. - Overview
Exhibits 97: General Electric Co. - Business segments
Exhibits 98: General Electric Co. - Key news
Exhibits 99: General Electric Co. - Key offerings
Exhibits 100: General Electric Co. - Segment focus
Exhibits 101: International Business Machines Corp. - Overview
Exhibits 102: International Business Machines Corp. - Business segments
Exhibits 103: International Business Machines Corp. - Key news
Exhibits 104: International Business Machines Corp. - Key offerings
Exhibits 105: International Business Machines Corp. - Segment focus
Exhibits 106: King Faisal Specialist Hospital and Research Centers General Orga - Overview
Exhibits 107: King Faisal Specialist Hospital and Research Centers General Orga - Product / Service
Exhibits 108: King Faisal Specialist Hospital and Research Centers General Orga - Key offerings
Exhibits 109: Koninklijke Philips N.V. - Overview
Exhibits 110: Koninklijke Philips N.V. - Business segments
Exhibits 111: Koninklijke Philips N.V. - Key news
Exhibits 112: Koninklijke Philips N.V. - Key offerings
Exhibits 113: Koninklijke Philips N.V. - Segment focus
Exhibits 114: Microsoft Corp. - Overview
Exhibits 115: Microsoft Corp. - Business segments
Exhibits 116: Microsoft Corp. - Key news
Exhibits 117: Microsoft Corp. - Key offerings
Exhibits 118: Microsoft Corp. - Segment focus
Exhibits 119: Ministry of National Guard Health Affairs - Overview
Exhibits 120: Ministry of National Guard Health Affairs - Product / Service
Exhibits 121: Ministry of National Guard Health Affairs - Key offerings
Exhibits 122: Oracle Corp. - Overview
Exhibits 123: Oracle Corp. - Business segments
Exhibits 124: Oracle Corp. - Key news
Exhibits 125: Oracle Corp. - Key offerings
Exhibits 126: Oracle Corp. - Segment focus
Exhibits 127: Siemens AG - Overview
Exhibits 128: Siemens AG - Business segments
Exhibits 129: Siemens AG - Key news
Exhibits 130: Siemens AG - Key offerings
Exhibits 131: Siemens AG - Segment focus
Exhibits 132: Inclusions checklist
Exhibits 133: Exclusions checklist
Exhibits 134: Currency conversion rates for US$
Exhibits 135: Research methodology
Exhibits 136: Information sources
Exhibits 137: Data validation
Exhibits 138: Validation techniques employed for market sizing
Exhibits 139: Data synthesis
Exhibits 140: 360 degree market analysis
Exhibits 141: List of abbreviations

Executive Summary

The following companies are recognized as the key players in the global healthcare IT market in Saudi Arabia: 3M Co., Abbott Laboratories, athenahealth Inc., Bupa Arabia, Cognizant Technology Solutions Corp., Dassault Systemes SE, Dell Technologies Inc., Epic Systems Corp., General Electric Co., Informa PLC, International Business Machines Corp., King Faisal Specialist Hospital and Research Centers General Orga, Koninklijke Philips N.V., Microsoft Corp., Ministry of National Guard Health Affairs, Oracle Corp., Siemens AG, Tata Sons Pvt. Ltd., and Wipro Ltd..

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increase in adoption of telemedicine and other digital health solutions."

According to the report, one of the major drivers for this market is the increasing number of chronic diseases.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • 3M Co.
  • Abbott Laboratories
  • athenahealth Inc.
  • Bupa Arabia
  • Cognizant Technology Solutions Corp.
  • Dassault Systemes SE
  • Dell Technologies Inc.
  • Epic Systems Corp.
  • General Electric Co.
  • Informa PLC
  • International Business Machines Corp.
  • King Faisal Specialist Hospital and Research Centers General Orga
  • Koninklijke Philips N.V.
  • Microsoft Corp.
  • Ministry of National Guard Health Affairs
  • Oracle Corp.
  • Siemens AG
  • Tata Sons Pvt. Ltd.
  • Wipro Ltd.

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About the Health IT Market

The Health IT market is a subset of the Computing industry that focuses on the development and implementation of technology solutions to improve healthcare delivery. It includes a wide range of products and services, such as electronic health records (EHRs), telemedicine, medical imaging, and health information exchange. These solutions are designed to improve patient care, reduce costs, and increase efficiency in the healthcare system. Health IT solutions are used by healthcare providers, payers, and other stakeholders to improve patient outcomes, reduce costs, and improve the quality of care. They are also used to facilitate data sharing and collaboration between healthcare providers, payers, and other stakeholders. Some of the major companies in the Health IT market include Epic Systems, Cerner Corporation, Allscripts, Athenahealth, and McKesson Corporation. Other companies in the market include GE Healthcare, Philips Healthcare, Siemens Healthineers, and IBM Watson Health. Show Less Read more

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