Arab News, Sunday, May 28, 2023 | Thul-Qidah 8, 1444
Saudi Arabia’s healthcare sector bets big on digital transformation
Saudi Arabia:
Saudi Arabia is leading the digitalization wave in the wellness space by
improving quality care, patient experience, and sustainable health development
on par with the best in the world.
The Kingdom aims to restructure the health sector
by enhancing its capabilities as an effective, integrated, value-based ecosystem
focused on the patient’s health.
It is committed to investing heavily in the health
technology sector to meet these ambitious goals. The 2023 budget allocated over
SR180 billion ($50.3 billion) to healthcare and social development, reflecting
the government’s commitment to this initiative.
Much of this budget is directed toward digital
health initiatives to enhance accessibility, efficiency, and transparency within
the healthcare system.
Among these initiatives was creating a unified
national electronic health record system, which acts as a comprehensive database
to ensure patient data is accessible to medical professionals nationwide,
enabling seamless cooperation and swift decision-making.
Investment in telemedicine platforms is also
prioritized, ensuring healthcare access even in remote areas.
Under Vision 2030, the government has also been
working toward privatizing the healthcare industry, focusing on 290 government
hospitals and 2,300 primary health centers in the Kingdom.
Changing landscape
In an interview with Arab News, Jalil Abbadi, CEO
of Altibbi, an Amman-based digital health platform, explained that the
government’s decentralization initiatives would significantly enhance the sector
and escalate healthcare technology.
“Hospitals and large corporations are working on
their health tech solutions, and smaller companies are focusing on the consumer
side,” Abbadi explained.
He added that as hospitals and clinical centers
decentralize, they will focus on driving profits, increasing the incentive to
adopt healthcare technology to automate and digitalize their work for more
efficient operations.
Altibbi is one of the largest digital health
platforms in the Middle East, raising more than $52.4 million in funding since
its inception.
With the Kingdom reducing its dependency on
hospital care and moving toward preventive health services, it aims to
digitalize 70 percent of patient activities by 2030.
Abbadi explained that digital health consultations
and activities are still low compared to Vision 2030’s targets, but “growth is
happening very fast.”
“The government is pushing for digital health very
fast, especially with policies that mandate the adoption of health tech and the
legalization of many aspects around digital healthcare. So I think that 70
percent is very achievable soon,” Abbadi stated.
Startups are fueling the health tech sector with
digital tools such as artificial intelligence, the Internet of Things, and big
data analytics being integrated into healthcare services to predict, prevent and
manage diseases more effectively.
Saudi Arabia’s health tech sector presents a
roadmap for a future where digital health solutions are central to holistic and
patient-centric care. This pioneering transformation is not only an investment
in the health of its people but also a catalyst for economic diversification and
sustainable development.
Digital health priorities
According to a report by the Saudi government, the
proportion of people in Saudi Arabia aged 60 or more is predicted to be 25
percent of the total population of 40 million by the end of 2050, which calls
for an urgent need to revolutionize healthcare delivery.
Chronic diseases such as cardiovascular conditions
and obesity are prevalent in this demographic, which has led to a surge in
digital solutions to address these challenges.
Sacha Haider, partner at the UAE-based venture
capital firm Global Ventures, explained that the next generation of health tech
in the Kingdom lies in preventative healthcare and longevity.
Speaking with Arab News, Haider said that 50
percent of the Saudi population is overweight, over 20 percent suffer from
obesity and 7 million Saudis have Type 2 diabetes.
She further explained that consultations and
check-ins would significantly activate health tech and digital health in the
Kingdom.
“Chronic patients who have illnesses such as
diabetes or thyroid will have their check-ins done over video conferencing. As
the provider pushes that down and says this is more effective and
cost-efficient, we’ll see higher adoption,” she added.
In the wake of the COVID-19 pandemic, the industry
has adopted digital technologies to enhance patient experiences and improve the
quality of care. Saudi-based platforms like Nala and Cura are prime examples of
successful digital health services companies, offering everything from instant
consultations to tailored digital care programs.
Moreover, Saudi Arabia’s Ministry of Health has
launched apps like Mawid, Tabaud, and Seha, which provide virtual consultations,
thus eliminating the need for physical hospital visits.
Haider and Abbadi acknowledged the Kingdom’s
efforts in introducing high-value digital health solutions.
The concept of express clinics within pharmacies
has also gained momentum, providing instant primary care services. These clinics
offer services ranging from consultation, measuring blood glucose and blood
pressure, skincare analysis, weight management, and vaccination.
The digital health market in Saudi Arabia is
projected to grow by 9.06 percent from 2023 to 2027, resulting in a market
volume of $1.16 billion, according to global data firm Statista.