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13. August 2012, Riyadh

Stunning boost of KSA healthcare expenditures to reach SAR 91 billion in 2012

- The aggressive adoption of medical devices is dramatically influencing the demand for more advanced IT solutions.

Riyadh, August 13 2012: Healthcare expenditures in KSA are expected to increase by 16 percent, from SAR 78.63 billion in 2011 to SAR 91.23 billion in 2012, driven by aggressive public sector investments in healthcare facilities. The medical devices sector, on the other hand, will sustain a 17.9 percent growth, reaching SAR 6.53 billion in 2012 from SAR 5.54 billion in the previous year. The increase in healthcare spend has attracted the attention of global healthcare suppliers and manufacturers, while giving KSA’s healthcare sector better access to the latest state-of-the-art medical technologies and value-added services.

Demand for healthcare IT solutions for managing critical data assets has registered considerable growth in KSA in light of the government’s aggressive healthcare expenditure, according to CompuGroup Medical, one of the world’s leading eHealth companies. Taking advantage of the excellent market conditions, CGM has intensified its growth plans in KSA by developing custombuilt eHealth solutions that cater to the specific needs of hospitals and other healthcare institutions in KSA.

Mehmet Bilginsoy, Managing Director, CGM Middle East, said: “The aggressive government and private expenditure on healthcare has created a corresponding boost in demand for sophisticated healthcare IT solutions. As hospitals and other medical facilities increasingly use more advanced medical devices and techniques, they likewise need to adopt comprehensive healthcare IT solutions that will enable them to function efficiently and achieve greater productivity. CompuGroup Medical intends to complement the aggressive adoption of modern healthcare technologies in the KSA by providing scalable IT products and solutions that will empower healthcare providers to further raise the quality of their services.”

About CompuGroup Medical AG
CompuGroup Medical is one of the leading eHealth companies in the world. Its software products are designed to support all medical and organizational activities in doctors’ offices, pharmacies and hospitals. Its information services for all parties involved in the healthcare system and its web-based personal health records contribute towards safer and more efficient healthcare. CompuGroup Medical’s services are based on a unique customer base of over 385,000 doctors, dentists, hospitals, pharmacies and networks as well as other service providers. With locations in 19 countries and customers in 34 countries worldwide, CompuGroup Medical is the eHealth company with one of the highest coverage among eHealth service providers. Approximately 3,500 highly qualified employees support customers with innovative solutions for the steadily growing demands of the healthcare system.

Contact for media representatives:
CompuGroup Medical AG
Barbara Müller

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