KSA Healthcare Sector Outlook Report: Navigating the Uninterrupted Growth in the Healthcare Sector

Ramp-ups from previous years’ aggressive expansions to support income growth for the sector, as providers brace for their next rounds of expansions to fulfil the transformations in the industry. Continuous regulatory developments from wider insurance coverages, as well as favorable demographics are in effect to transform the sector in the long, and immediate term.

According to the June 2023 KSA Healthcare Sector Outlook Report:

• We forecast the combined bed capacity of healthcare providers in our coverage to increase by more than 50% in the next five years.

• We believe that valuations reflect the medium term growth as the sector is expected to witness continuous growth given the initiatives to privatize the industry, and directing all public and private sector employees under insurance coverage

• Based on the government’s support and strategy to privatize, most healthcare operators are expanding into untapped regions, whether in central, western, or eastern regions over and above their area of dominance

• Overall, we are optimistic about the sector growth prospects and most companies’ ability to avert challenges with regards to high receivables and leverage position

Download the full report:

https://www.aljaziracapital.com.sa/uploads/pdf/20230615112242-Healthcare%20Sector%20Report%20-%202023%20En.pdf