Saudi Arabia’s capital is operating under worldwide norms on hospital mattress capability and can want focused additions within the west, east and south of town by the tip of the last decade, in keeping with a brand new report by Knight Frank.
Riyadh’s mattress density stands at 1.7 per 1,000 folks, under each the Saudi common of 1.9 and a world common of two.9, the consultancy mentioned, citing Ministry of Well being (2023) knowledge.
The Ministry of Well being operates 53 per cent of inpatient amenities throughout Riyadh Province and accounts for 60 per cent of whole inpatient mattress capability. Outpatient care is essentially pushed by the personal sector, which accounts for about 70 per cent of the outpatient market within the province, the report mentioned.
Knight Frank’s evaluation signifies no instant inpatient mattress requirement in Riyadh’s northern and central zones. By 2030, the western zone is projected to require 1,500 to 2,000 extra beds, whereas the jap and southern zones every are projected to want 1,000 to 1,500 beds. On an extended view, the general hole equates to about 15,300 beds by 2040 primarily based on the worldwide common of two.9 beds per 1,000, or about 2,800 primarily based on the Saudi common of 1.9, the report mentioned.
Demographics and financial development are pushing demand larger. Riyadh Province is house to 27 per cent of the Kingdom’s inhabitants, and its residents are projected to rise from about 9 million in 2023 to 12.5 million by 2040 if a 2 per cent compound annual development charge is maintained, in keeping with the report. Riyadh Metropolis, which accounts for simply over 80 per cent of the province’s inhabitants, is projected to achieve about 10.7 million by 2040, Knight Frank mentioned, citing Oxford Economics.
The town contributes about 50 per cent of Saudi Arabia’s non-oil GDP, in keeping with Make investments Saudi, and greater than 500 corporations had established regional headquarters in Riyadh by the primary half of 2024.
The report lists a considerable city pipeline by 2030: roughly 300,000 new properties, 4.6 million sq. metres of workplace area, 2.6 million sq. metres of retail, and about 28,800 lodge keys. For the 2034 FIFA World Cup, eight of 11 new stadiums can be inside Riyadh, and logistics growth features a 3 million sq. metre Built-in Logistics Zone providing 50 per cent tax exemption, 100 per cent international possession and no limits on capital repatriation.
Insurance coverage protection is supporting private-sector utilisation. About 51.8 per cent of Riyadh residents aged 15 and above are coated by personal medical health insurance for primary care — the second-highest share within the Kingdom after the Jap Province at 55.9 per cent — underneath the Cooperative Well being Insurance coverage System, the report mentioned. Between 2015 and 2023, private-sector outpatient and inpatient volumes within the province rose 1.4 instances and 1.9 instances, respectively. Common visits per particular person have been 2.7 within the personal sector versus 1.1 within the public sector.
Digital infrastructure is increasing. The Seha Digital Hospital — described by the report because the world’s largest — hyperlinks greater than 150 amenities, provides 29 specialties, and serves over 480,000 sufferers yearly. The HMG group, in collaboration with GE Healthcare, has developed a tele-ICU command centre in Riyadh. On the provision chain facet, the NUPCO unified e-commerce procurement platform manages about SAR 49 billion in contracts throughout 65,000 gadgets.
Based on the Ministry of Funding, Saudi Arabia’s digital well being market was valued at SAR 698 million in 2022 and is predicted to develop at 25 per cent CAGR to 2030, the report mentioned.
The report outlines zonal inhabitants tendencies that underpin service wants. Within the western zone, together with districts resembling Al Suwaidi and Namar, inhabitants development to 2030 and new residential tasks are related to extra demand for beds. Within the jap zone, masking districts resembling Ar Rawdah and Al Hamra, development tied to industrial tasks resembling Riyadh Industrial Park and Forsan helps the projected requirement for extra inpatient capability by 2030. The southern zone is projected to see a modest inhabitants enhance by 2030 and, given present and deliberate infrastructure, a mattress hole is predicted to persist. The central zone reveals no extra inpatient mattress requirement by means of 2030, in keeping with the report.
The report additionally lists authorities initiatives to increase private-sector participation by means of public-private partnerships (PPPs) in Riyadh. Deliberate PPP tasks embody long-term care companies, house care, dialysis, a 200-bed maternity and youngsters’s hospital, upgrades to main care centres, and rehabilitation centres by way of a 150-bed facility.
A abstract chart within the report reveals incremental demand for beds throughout town by zone, excluding long-term care beds. The northern zone is described as having a robust presence of main suppliers addressing present and near-term inpatient demand, with potential for growth of outpatient companies to fulfill inhabitants development in new communities.