The wealth generated from oil export from the Kingdom of Saudi Arabia (KSA) cannot be sustained far beyond the next decade, due mainly to the rapid expansion of renewable energy sources.
To counter the trend, the KSA in has created a plan, Vision 2030, to motivate a vast transformation of their economy and society at all levels. This includes major investments in new commercial and technology centers as well as the welfare of their rapidly expanding outlined in the National Transformation Program 2020.
The Opportunity –
Vigorous Healthcare Expenditure Growth
Pertinent to the healthcare, expenditures will triple to $71.2 billion by 2020 resulting in a rapid growth in device and diagnostic sales plus increased demand for certification and accreditation services
Introducing the Laboratory Zone
Serving the estimate IVD market of $7 billion, the Laboratory Zone exhibition area will be further expanded in 2020 along side of which will be the MEDLAB conferences.