Healthcare and Life Science Opportunities in Saudi Arabia
Join the Confederation of Danish Industry (DI) and the Danish Trade Council in Riyadh in a webinar regarding the Life Science sector in Saudi Arabia.
The Confederation of Danish Industry, in collaboration with the Danish Trade Council in Riyadh, are happy to invite you to a webinar introducing you to the Life Science sector in Saudi Arabia.
The webinar will be a prelude to a planned Danish delegation to the sector in the fall 2023. During the webinar, the goals of the delegation will be covered, alongside a brief introduction to the sector by local public and private stakeholders.
The webinar will take place on Monday, 1 May 2023, 10:00-11:00 CEST.
The Saudi Arabian Life Science sector is experiencing explosive growth, and with an increasing demand for Life Science products and services, many international companies have showed great interest in the market.
The fall delegation will be planned around optional participation in the Global Health Exhibition in Riyadh on 2-4 October 2023. This exhibition attracts thousands of professionals and hundreds of exhibitors from 23 countries and will give ample opportunity to network and share experiences regarding the Life Science sector.
Tentative agenda for the event:
- 10:00 welcome and introduction
- 10:05 Introduction to the Danish Embassy in Riyadh by the Danish Trade Council
- 10:15 Healthcare Ecosystem and Investment landscape in Saudi Arabia
- 10:25 Opportunities in Public Private Partnerships (PPPs) in Saudi Arabia
- 10:35 Overview of rules and regulations in Saudi Arabia for Medical Devices
- 10:45 Q&A
The event is in collaboration with:
- Saudi Arabia has a nominal GDP of 700 billion USD (2020).
- It has a population of 35 million people.
- Saudi Arabia is undergoing one of the largest healthcare transformations in the world.
- Healthcare and Life Science accounted for 17.7% of the country's budget expenditure in 2021.
- Saudi healthcare spending is expected to increase to US$ 160 billion by 2030
- Lifestyle diseases are the most pressing healthcare problem.
- Rising prevalence of chronic and infectious diseases are creating a significant market demand.