According to the UnivDatos, the increasing population and healthcare demand, government-backed infrastructure development, rise in private healthcare investment, and digital health transformation supported by Vision 2030 reforms drive the KSA Hospital market. As per their “KSA Hospital Market” report, the KSA Hospital market was valued at USD ~24,400 million in 2024, growing at a CAGR of about 3.40% during the forecast period from 2025 – 2033 to reach USD million by 2033.
A combination of public, quasi-government, and private healthcare providers defines the Saudi Arabian hospital market. Leading players are building infrastructure, upgrading medical technology, and improving the service as the Kingdom moves towards its Vision 2030 in healthcare. Regionally driving innovation and accessibility of these top hospital groups. Central to market change are their strategic investments and partnerships.
1. Dr. Sulaiman Al-Habib Medical Group
Dr. Sulaiman Al Habib Medical Services Group Company provides private health and ancillary services. The company operates through Hospitals / Healthcare Facilities, Pharmacies, and HMG Solution/Others segments. It establishes, manages, and operates hospitals, general and specialized medical complexes, day surgery centers, and pharmaceutical facilities. The company also provides home health care, specialized medical laboratories, technology services and information systems, facility maintenance, tele-medicine, revenue cycle management, and medical equipment maintenance services, as well as involved in real estate activities. In addition, the company offers health checkups, radiology, surgery, emergency medical, and pharmacy services, as well as digital services, such as remote medical advice via video, home health care for chronic disease diagnosis and treatment, and E-Pharmacy services. Dr. Sulaiman Al Habib Medical Services Group Company was incorporated in 1993 and is based in Riyadh, Saudi Arabia.
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2. Mouwasat Medical Services
Mouwasat Medical Services Company, together with its subsidiaries, engages in the acquisition, management, operation, and maintenance of hospitals, medical centers, drug stores, and pharmacies in the Kingdom of Saudi Arabia. The company operates a network of hospitals that provides medical services; and specialized centers, including eye, long term, rehabilitation, and cardiology centers, as well as stroke unit, nuclear medicine, fertility, diabetes and diabetic foot, skin care, and badana clinic. It also provides various services comprising inpatient pharmacy services, TPN and IV medication preparation units, chemotherapy medication preparation, anti-coagulant clinic, and clinical pharmacy services. In addition, the company is involved in construction and operation of hospitals, dispensaries, and special clinics; general construction of non-residential buildings including schools, hospitals, and hotels; demolition of buildings; purchase, sale, and division of land and real estate, and off-plan sales activities; operation of colleges and university institutes; and medical operation activities. Further, it wholesales medical equipment and drugs. Mouwasat Medical Services Company was founded in 1974 and is based in Dammam, the Kingdom of Saudi Arabia.
3. Middle East Healthcare Company (Saudi German Health)
Middle East Healthcare Company, a healthcare provider, owns and operates a network of hospitals under the Saudi German Hospital name in the Middle East and North Africa. It also operates, manages, and maintains medical and educational centres, rehabilitation centres, physiotherapy, pharmacies, laboratories, and radiology centres. The company also buys land to construct medical projects, as well as to establish, manage, construct, and organize exhibitions. The company was founded in 1988 and is based in Jeddah, the Kingdom of Saudi Arabia. Middle East Healthcare Company operates as a subsidiary of Bait Al Batterjee Medical Co. Ltd.
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4. Care Medical Company
National Medical Care Company establishes, own, equips, manages, maintains, and operates healthcare facilities in the Kingdom of Saudi Arabia. The company operates Riyadh Care Hospital, Family Health Care Center, National Hospital, and Care Company for Pharmaceutical and Medical Distribution. It also provides home healthcare services. The company was founded in 2003 and is based in Riyadh, the Kingdom of Saudi Arabia.
5. Al Hammadi Holding Company
Al Hammadi Holding Company, a healthcare group, provides various medical services in the Kingdom of Saudi Arabia. The company operates through Medical Services and Pharmaceuticals Products segments. It engages in the sale of pharmaceutical products. The company was formerly known as Al Hammadi Company For Development and Investment and changed its name to Al Hammadi Holding Company in August 2022. Al Hammadi Holding Company was founded in 1985 and is based in Riyadh, Saudi Arabia.
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