With population touching 30mn and state-of-the-art hospitals, both private and public, booming, the healthcare market in Saudi Arabia is expected to reach SR 51.2bn ($13.6bn) in 2020. As is the pharmaceutical manufacturing sector, which will double local production capacities by 2023. Industry reports suggest just around 20% of the drugs consumed in the country is made locally, and the National Transformation Programme (NTP) is working to boost the proportion of local pharmaceutical manufacturing to 40% by the end of 2020.…
