Wednesday October 23rd, 2024
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Global Health Exhibition Receives Investments of Over SAR 50 Billion

Sponsored by the Ministry of Health, the exhibition aims to foster growth in the health sector.

Scene Now Saudi

Global Health Exhibition Receives Investments of Over SAR 50 Billion

The seventh edition of the Global Health Exhibition kicked off in Riyadh, with the Ministry of Health announcing an investment of over SAR 50 billion in health technology. Sponsored by the ministry and organised by Tahaluf, the event features sessions on investment strategies, biotechnology, AI-driven diagnostic tools, and other cutting-edge topics, signalling a robust commitment to enhancing healthcare in the Kingdom and beyond.

The Kingdom is the first in the region to attain maturity level 4 in regulating medicines and vaccines, underscoring the absence of trans fats in local products. It is projected that the Saudi pharmaceutical market is set to reach SAR 72 billion by 2030, while the private health insurance sector could expand to SAR 40 billion by the same year.

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