Kingdom lucrative market for e-health solutions

The Kingdom has remained one of the biggest IT markets in the region, with IT expenditure projected to have sustained a 9 percent year-on-year growth reaching $ 4.1 billion in 2012.
The Kingdom’s health care sector is expected to account for a significant percentage of the Kingdom’s massive IT investments, as the Saudi government continues to take advantage of the latest technological advances to address the growing health care requirements of the rapidly expanding Saudi population.
In 2012 alone, the Kingdom’s health care expenditure already reached $ 24.35 billion, achieving a 16 percent increase compared to the previous year.
A substantial percentage of the total expenses was used to purchase specialized e-Health and related IT solutions for health care.
Moreover, Saudi Arabia allocated $ 1.74 billion for medical devices in 2012, up 17.8 percent from 2011.
Mehmet Bilginsoy, managing director, CGM Middle East, said: “Improving the technology infrastructure of the health care sector is one of the Kingdom’s top priorities, which in turn has helped establish the Kingdom as one of the most lucrative markets for health care IT solutions.
Thomas Reitmayr, vice president, business development, CompuGroup Medical, said: “We are confident that CGM is strongly positioned to cater to the Kingdom’s growing demand for e-health solutions that enable health care institutions across the Kingdom to vastly improve the quality of their services.”
Reitmayr added: “We have already provided health care IT solutions to several prominent Saudi medical institutions, including King Fahad Medical City. Moreover, CGM has been stepping up its efforts to develop more personalized solutions that cater to the unique requirements of the Saudi market. ”
CompuGroup Medical is one of the leading e-health companies in the world.