Market Overview
The
Kingdom of Saudi Arabia (KSA)'s Elderly Healthcare Market size is expected to reach a value of
USD 1,012.6 million in 2024, and it is further anticipated to reach a market
value of USD 4,542.4 million by 2033 at a
CAGR of 18.1%.
The Saudi Arabian elderly healthcare market is growing strong, with demographic shifts, government initiatives, and societal needs acting as the drivers. In 2030, over 11% of the total population will be above 60 years old in Saudi Arabia, which is quite significant compared to the previous decades. The above demographic transition is considerably driven by improved life expectancy, advances in medical care, and enhanced living standards.
This aging of the population has created a growing demand for specific health services that include management of chronic diseases, rehabilitative care, and palliative support real and significant opportunities for service providers to expand their offerings.
A major trend shaping the market is the integration of telemedicine and digital health solutions. The Kingdom has embraced technology to further enhance the care for the elderly, whereby virtual consultations, remote monitoring, and real-time health tracking are possible through the use of platforms. Such solutions are of particular benefit to elderly people who have some form of mobility issue or who reside in rural areas where access to healthcare facilities is poor.
Besides, the cultural trait of family-oriented care and support has fueled the demand for an expansion of home healthcare services because of the comfort provided around one's home, having skilled nursing, therapy, and management of chronic diseases, among others. This approach also corresponds perfectly with the values of an intimate family bond and, at the same time, meets the challenge regarding transportation to hospitals more times than not.
The market opportunities are great, especially in the development of specialized geriatric facilities and services. It can involve setting up nursing homes, assisted living centers, and long-term care units to meet elderly patients' needs for specific physical and emotional support. In addition, development opportunities in the design and development of medical devices for seniors, such as wearable health monitors and mobility aids, continue to open new vistas for innovation and service differentiation.
Wherever necessary, the scope for contributions by public-private partnerships or foreign investments towards better, more accessible healthcare for the elderly is huge, linked with the government's move to modernize healthcare with its Vision 2030.
Despite the promising future, there are notable constraints faced by the market in revealing its full potential. There is a shortage of healthcare professionals trained in geriatric care, which is a main challenge. The Kingdom can only boast a handful number of geriatricians, a few therapists, and a few caregivers throughout the country, which affects the quality in consistency of services provided for this population.
Apart from that, the extreme expenses of high-tech medical devices, institutional care, and home healthcare services have raised affordability barriers for a large number of people. As much as government subsidies are available, they are not all within reach, especially to the residents who fall in areas considered rural and less endowed with infrastructure and other resources.
With every passing year, statistically, there was a rise in Saudi Arabian healthcare expenditure, where larger percentages of funds were allotted toward improving elderly care infrastructure and facilities. Therein, the Ministry of Health directed more facilities toward catering to healthcare geriatric care while augmenting the insurance coverage to involve those needing long-term care services.
Besides, the requirement for telemedicine services has become an exponential demand; access to such services amongst elderly patients has gained acceptance of convenience and quick disposal of the services. The home health market is also on the rise, as more families are choosing personalized in-home solutions; double-digit growth rates are foreseen for the next decade.
The growth prospects for the Saudi Arabian elderly healthcare market would continue to remain upbeat, considering the convergence of several factors such as technological advancement, conducive government policies, and increasing demand. Providers of innovative solutions, including AI-based monitoring systems or integrated care models, would maintain a competitive lead.
Other developments, such as increased emphasis on nutrition counseling and fitness programs for the elderly, also broaden the scope of the market continually. With further investment in infrastructural development and training programs, the Kingdom is poised to take the lead in offering elderly healthcare services in the region.
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The Saudi Arabian elderly healthcare market is passing through a metamorphosis with strong growth drivers and metamorphosing models of care. Workforce shortages and affordability challenges remain, yet strategic investments in technology integration and collaboration between public-private stakeholders have opened avenues toward a more robust and approachable healthcare system. This dynamic environment creates a fertile ground for innovation and expansion, ensuring that the Kingdom is well-placed to respond to the increasing healthcare demands of an aging population.
Key Takeaways
- Market Value: The Kingdom of Saudi Arabia (KSA)'s Elderly Healthcare Market size is estimated to have a value of USD 1,012.6 million in 2024 and is expected to reach USD 4,542.4 million by the end of 2033.
- By Service Type Segment Analysis: Home healthcare services are anticipated to command this segment with 43.7% of the market share in 2024.
- By Medical Condition Segment Analysis: Chronic diseases are projected to dominate this segment as it holds 36.0% of the market share in 2024.
- Key Players: Some of the major key players in the Kingdom of Saudi Arabia (KSA)'s Elderly Healthcare Market are Saudi German Health, Dr. Sulaiman Al-Habib Medical Group, King Faisal Specialist Hospital & Research Centre, Al Hammadi Hospitals, and many others.
- Growth Rate: The market is growing at a CAGR of 18.1 percent over the forecasted period.
Use Cases
- Chronic Disease Management: Telemedicine platforms and home healthcare facilities monitor remotely and offer personalized services to elderly patients with pathologies such as diabetes, CVDs, and hypertension.
- Post-Operative Care: The services provided by this section in home healthcare include rehabilitation, therapies, and wound care of elderly patients who have undergone surgery, such as joint replacement or cardiac procedures.
- Palliative and End-of-Life Care: Palliative and End-of-Life Care are special programs that offer psychosocial, spiritual reorientation, and medical support tailored to comfort and dignity for serious illnesses in elderly patients.
- Mobility Assistance: This covers wheelchairs and other mobility aids that have been designed as medical devices for elderly patients to better improve their independence and raise their quality of life.
Market Dynamic
Trends in the Kingdom of Saudi Arabia (KSA) Elderly Healthcare Market
Integration of Telemedicine in Elderly CareTelemedicine has transformed the way health is provided to the elderly, especially those with chronic diseases or mobility constraints in Saudi Arabia. Digital consultation, remote monitoring devices, and health apps enable seniors to receive quality care without the logistic hassles of traveling to hospitals or clinics.
The digital health initiatives of the Ministry of Health under Vision 2030 have further propelled telehealth adoption in modernizing the infrastructure and creating a virtual consultation platform like Sehha. This not only increases access but also tends to lower the cost of healthcare as well as reduce waiting queues, hence adopting a more patient-oriented approach towards elderly care.
Rising Popularity of Home Healthcare Services
Home healthcare is fast becoming a mainstream option for elder care, comfort, and personalized attention. These services include medication management, post-operative care, and physical therapy, among others, conducted in the comfort of one's own home. This concept befits Saudi cultural values very well, which give a high premium to family-centered care that allows the family to be more closely involved with the treatment of their loved ones.
Besides, with more portable medical devices, such as oxygen concentrators and other diagnostic devices, the scope of home healthcare services has expanded and placed it in a position where it serves as an effective alternative to long hospitalization.
Growth Drivers in the Kingdom of Saudi Arabia (KSA) Elderly Healthcare Market
Increasing Elderly Population
Saudi Arabia is experiencing a very dynamic change in its demography, especially in the increase in its elderly population. It is projected that by 2030, more than 11% of the population will comprise those aged 60 years and above. This growth is fueled by improved healthcare, improvement in living standards, and the decline in mortality rates.
Consequently, age-related health disorders are also rising, such as cardiovascular diseases, diabetes, and osteoporosis. This situation entails an even stronger need for dedicated healthcare. It generates an increased demand, fostering the creation and development of specialized geriatric programs not only in hospitals but also within caregiving services.
Government Vision 2030 Initiatives
Vision 2030 is aimed at the betterment of the healthcare sector in Saudi Arabia, including the development of specialized care for the elderly. Huge funding was also provided by the government for building new facilities, training medical professionals in geriatric care, and increasing access to health care in rural areas.
Other initiatives taken to ensure full care for the elderly included partnerships with private healthcare providers along with the introduction of long-term care insurance. These are not only measures that would serve the existing healthcare gaps in this demographic segment but also foster innovation and investments in elder-specific healthcare technologies.
Growth Opportunities in the Kingdom of Saudi Arabia (KSA) Elderly Healthcare Market
Technological Advancements in Medical Devices
Various innovations in medical devices target the elderly. New generations of wheelchairs, health trackers, and remote monitoring would serve the aging population. Indeed, such wearables are designed to track key vital signs continuously, such as heartbeat and glucose levels, and make it possible to share promptly with relevant healthcare providers.
For this reason, seniors like new emerging technologies, bringing new reasons to enjoy their independence when timely intervention from health practitioners should be at the highest, and pave the way for demands regarding sophisticated solutions addressed to this group of clients.
Expansion of Geriatric-Specific Facilities
Presently, the healthcare system in Saudi Arabia has very minimal facilities that concern geriatrics; thus, this is a key opportunity for development in the market. Facilities such as nursing homes, rehabilitation centers, and assisted living facilities should be created to respond to an ever-growing demand for long-term care.
These homes offer comprehensive care to seniors through care that addresses physical needs, emotional needs, and social needs associated with aging. With modern and culturally sensitive modalities of care, such facilities will go a long way in improving the quality of life of the elderly, especially those suffering from chronic diseases and disabilities.
Restraints in the Kingdom of Saudi Arabia (KSA)'s Elderly Healthcare Market
Shortage of Trained Healthcare Professionals
The availability of specialized geriatric care professionals, such as geriatricians, physiotherapists, and nurses, is not enough to meet the increasing demand. Saudi Arabia faces challenges in attracting and retaining trained staff due to a limited focus on geriatric training programs and stiff competition from other healthcare sectors. This shortage leads to an overburdened workforce and compromises the quality of care for elderly patients, particularly in underserved areas where specialized services are scarce.
High Costs of Advanced Care Services
The high cost of the services keeps the advanced elderly care-institutional care and home healthcare very expensive and acts as a big barrier to the market growth. Though the government provides subsidies in many cases, most of these services are unaffordable for low- and middle-income families. Advanced medical devices and specialized treatments have high upfront and maintenance costs-for example, rehabilitative therapies or telemedicine setups. These economic constraints further reduce the availability of, as well as access to, much-needed elderly care services, particularly in areas with underdeveloped healthcare infrastructure.
Research Scope and Analysis
By Service Type
Home healthcare services are projected to dominate this segment with 43.7% of market share in 2024. This becomes predominant because it is in tandem with the cultural preference for family-centered care and convenience. Most families in Saudi Arabia prefer to keep their elderly members within their homes while at the same time ensuring that they receive professional medical attention; hence, home healthcare bridges this gap by offering such services as skilled nursing, physiotherapy, chronic disease management, and medication administration within the comfort of a patient's house.
This service type is particularly critical for elderly patients with mobility constraints or those recovering from surgeries, as frequent visits to the hospital may be challenging. Besides, technological advancements in portable diagnostic devices and remote monitoring tools have extended the ability to provide services at home, making home healthcare an effective alternative to prolonged hospital stays.
Besides, cost-effectiveness plays a great role in its dominance.
Home health care is usually cheaper compared to institutional care, thus easing the burden on families while providing quality medical services. Increasing integration of telemedicine also completes home care, enabling healthcare providers to consult and monitor patient progress regularly from a distance. Government support, developed under Vision 2030, has further facilitated home healthcare through significant subsidies, training programs for professionals concerned with home care, and public awareness.
Based on these factors, such a setting of home healthcare has been considered the most lucrative service type in the concerned market, offering a blend of cultural sensitivity, medical efficiency, and economic feasibility.
By Medical Condition
Chronic diseases are anticipated to dominate the Kingdom's elderly healthcare market in the account for medical conditions as it holds 36.0% of the market share in 2024. Diabetes conditions, hypertension, and conditions about cardiovascular diseases are so extremely high among this retired form of age within Saudi Arabia due to life training that has been acquired based on the genetic backgrounds for enhanced susceptibility and deteriorative factors associated with the aging of human beings.
Chronic conditions must seek medical attention over more prolonged periods and, whenever there is a need to instill treatments, regular medication courses combined with altered lifestyle approaches are used. For that, healthcare providers create special chronic disease management programs through telemedicine, home health care, and rehabilitation. Through the telemedicine platform, doctors have an avenue for real-time consultation and monitoring of the patients to ensure proactive management of chronic conditions, so that hospital admissions are not necessary.
The government's development agendas through the promotion of Vision 2030 have also highlighted chronic disease management through early detection and prevention using public health campaigns to increase access to health services. This has ensured increased awareness by the elderly and their families on the need to effectively manage chronic conditions. Economic reasons also underpin the dominance of chronic disease services.
Poorly managed chronic diseases more often than not result in expensive complications, which include hospitalization and surgery; thus, preventive care pays. Health caregivers are increasingly focusing on comprehensive approaches, including education, nutrition counseling, and physiotherapy, to decrease disease progression and improve outcomes for patients. In sum, the prevalence, complexity, and economic impact of chronic diseases make them a focal point of elderly healthcare services and thus ensure sustained demand and innovation in their management.
By Product Type
Medical devices lead in the capture of market share in old-age health care, mainly because they greatly help diagnose, treat, or improve the quality of existence for patients. Such devices as blood glucose monitors, mobility helps, and wearable health trackers are of great help for managing chronic states, improving mobility, monitoring overall health, and ensuring better functioning of bodily organs that may weaken with increased age.
Elderly and aged patients usually require continuous care related to timely diagnostics and real evidence based on health data provided in real-time. For instance, wearable devices coupled with enhanced sensing facilitate the real-time monitoring of vital signs related to heart rate, blood pressure, and oxygen level, thus enabling timely medical intervention and avoiding readmission.
These include wheelchairs, walkers, and orthotic devices that address the physical challenges of aging. Such products are meant to enhance independence and reduce the risk of falls, one of the leading causes of injuries among the elderly. Encouragement from the government's policy under Vision 2030 has been in place regarding the adoption of advanced medical devices through funding of healthcare modernization and accessibility in urban and rural areas.
Coupled with this, the rise in home healthcare further increased demand for portable, user-friendly medical devices as families wanted solutions that would enable effective care to be provided in the home setting. The market has also concentrated on innovation, with companies unveiling AI-powered devices and integrating smart technologies into the offering, which will further make sure that medical devices continue to reign in the segment of elderly healthcare.
By End User
The dominant players in the elderly healthcare market are hospitals and clinics because they can provide comprehensive and specialized care for a wide range of complex medical conditions. These facilities are well-equipped with advanced diagnostic and therapeutic technologies to respond to the diverse health needs of the elderly, ranging from chronic disease management to surgical interventions.
The presence of multidisciplinary teams, including geriatricians, cardiologists, and rehabilitation specialists, makes hospitals the preferred choice for elderly patients who need coordinated care. On the other hand, clinics represent easily accessible contact points for regular check-ups, vaccinations, and early diagnosis of age-related diseases. Government initiatives to increase healthcare infrastructure in line with Vision 2030 further solidified the role that could be played by hospitals and clinics in elderly care. For example, huge investments in establishing geriatric-specific departments and improving service quality by training healthcare professionals have been made.
Besides this, no other parallel exists with regard to dependence on hospitals and clinics for critical and emergency care. Vast amounts of elderly patients have acute episodes related to chronic conditions or require immediate surgical interventions that make it necessary for them to get admitted to the hospital. Hence, the role of hospitals and clinics is quite crucial in addressing minor as well as complicated health issues. While home healthcare and telemedicine are on the rise, hospitals and clinics remain indispensable because of their capability for high-quality, specialized, and emergency care.
The Kingdom of Saudi Arabia (KSA) Elderly Healthcare Market Report is segmented on the basis of the following
By Service Type
- Home Healthcare Services
- Skilled Nursing Care
- Personal Care Assistance
- Therapy Services (Physical, Occupational, Speech)
- Institutional Care Services
- Assisted Living Facilities
- Nursing Homes
- Hospice and Palliative Care
- Community-Based Services
- Adult Day Care
- Respite Care
By Medical Condition
- Chronic Diseases
- Cardiovascular Diseases
- Diabetes
- Arthritis
- Respiratory Disorders
- Neurological Disorders
- Alzheimer's Disease
- Dementia
- Post-Surgical Recovery
- End-of-Life Care
By Product Type
- Medical Devices
- Mobility Aids
- Monitoring Devices
- Blood Pressure Monitors
- Glucose Monitors
- Respiratory Support Equipment
- Oxygen Concentrators
- Ventilators
- Pharmaceuticals
- Pain Management Drugs
- Cardiovascular Drugs
- Neurological Drugs
By End User
- Elderly Individuals (Home-Based Care)
- Long-Term Care Facilities
- Hospitals and Clinics
Competitive Landscape
The Kingdom of Saudi Arabia (KSA)'s elderly healthcare market is highly competitive, with local and international players trying to meet the demand for specialized services. Major players in the healthcare sector dominate the market through extensive networks of hospitals and clinics offering geriatric care, such as Saudi German Health, Dr. Sulaiman Al-Habib Medical Group, and Al Hammadi Hospitals.
Such advanced medical technologies and a multidisciplinary approach have helped these institutions to extend holistic services like chronic disease management and rehabilitative care to all their beneficiaries. NMC Healthcare and Mediclinic Middle East, with international plays in this industry, hold decent market shares through expertise in long-term care and qualitative service delivery. Providers continue to expand their footprints by partnering with government initiatives as outlined under Vision 2030 to fill gaps within existing elderly care infrastructure.
While niche players like Care Shield Home Healthcare have carved out their roles in the home healthcare segment by providing personalized, culturally sensitive services, government-backed institutions like King Faisal Specialist Hospital & Research Centre and King Fahad Medical City continue to play a leading role in setting standards for geriatric care.
It also involves innovation-driven strategies within the competitive landscape, through which companies introduce telemedicine platforms, wearable health technologies, and AI-based monitoring systems to differentiate their offerings. In addition, competition is not considered extreme since few geriatric-trained professionals have limited the services and provided uneven distribution in urban and rural areas.
Some of the prominent players in the Kingdom of Saudi Arabia (KSA) Elderly Healthcare Market are
- Saudi German Health
- Dr. Sulaiman Al-Habib Medical Group
- King Faisal Specialist Hospital & Research Centre
- Al Hammadi Hospitals
- NMC Healthcare
- Tamer Group
- Almana General Hospitals
- King Fahad Medical City
- International Medical Center
- Andalusia Group for Medical Services
- Mediclinic Middle East
- National Medical Care Company
- Care Shield Home Healthcare
- Other Key Players
Recent Developments
- November 2024: The Saudi Ministry of Health launched a government-backed telemedicine platform for elderly care as part of Vision 2030, aimed at improving healthcare access in rural areas. This initiative is a collaboration with Dr. Sulaiman Al-Habib Medical Group and Saudi Telecom Company (STC), which provided the technological infrastructure.
- August 2024: Saudi Arabia expanded its geriatric training programs in partnership with global healthcare institutions like King Faisal Specialist Hospital & Research Centre and Harvard Medical School. These programs aim to enhance the skills of local healthcare professionals in geriatric care, addressing the shortage of specialists in this field.
- April 2024: Saudi German Health and MedeAnalytics introduced AI-integrated wearable devices specifically designed for chronic disease management among elderly patients. These devices, equipped with real-time monitoring capabilities, track critical health parameters such as heart rate, blood glucose levels, and blood pressure, offering remote care options for patients with long-term conditions like diabetes and cardiovascular diseases.
- January 2024: Al Habib Medical Group opened a specialized geriatric care wing at their flagship hospital in Riyadh, providing comprehensive services such as rehabilitation, chronic disease management, and dementia care. This facility aims to address the rising demand for elderly healthcare services and offer personalized, multidisciplinary care to senior patients. The wing is equipped with state-of-the-art technology and staffed by a team of geriatric specialists.
- September 2023: As part of its ongoing commitment to enhancing elderly healthcare, the Saudi Ministry of Health announced a government subsidy for home healthcare services targeted at low-income families. In collaboration with home healthcare providers like Care Shield Home Healthcare and Medcare Hospital, the subsidy aims to increase accessibility to professional healthcare services for the elderly, ensuring that more families can afford in-home care solutions for their elderly members.
Report Details
| Report Characteristics |
| Market Size (2024) |
USD 1,012.6 Mn |
| Forecast Value (2033) |
USD 4,542.4 Mn |
| CAGR (2024-2033) |
18.1% |
| Historical Data |
2018 – 2023 |
| Forecast Data |
2024 – 2033 |
| Base Year |
2023 |
| Estimate Year |
2024 |
| Report Coverage |
Market Revenue Estimation, Market Dynamics, Competitive Landscape, Growth Factors and etc. |
| Segments Covered |
By Service Type (Home Healthcare Services, Institutional Care Services, and Community-Based Services), By Medical Condition (Chronic Diseases, Neurological Disorders, Post-Surgical Recovery, and End-of-Life Care), By Product Type (Medical Devices and Pharmaceuticals), By End User (Elderly Individuals (Home-Based Care), Long-Term Care Facilities, and Hospitals and Clinics) |
| Regional Coverage |
The Kingdom of Saudi Arabia (KSA) |
| Prominent Players |
Saudi German Health, Dr. Sulaiman Al-Habib Medical Group, King Faisal Specialist Hospital & Research Centre, Al Hammadi Hospitals, NMC Healthcare, Tamer Group, Almana General Hospitals, King Fahad Medical City, International Medical Center, Andalusia Group for Medical Services, Mediclinic Middle East, National Medical Care Company, and Care Shield Home Healthcare, and Other Key Players |
| Purchase Options |
We have three licenses to opt for: Single User License (Limited to 1 user), Multi-User License (Up to 5 Users), and Corporate Use License (Unlimited User) along with free report customization equivalent to 0 analyst working days, 3 analysts working days and 5 analysts working days respectively. |
Frequently Asked Questions
The Kingdom of Saudi Arabia (KSA)'s Elderly Healthcare Market size is estimated to have a value of USD 1,012.6 million in 2024 and is expected to reach USD 4,542.4 million by the end of 2033.
Some of the major key players in the Kingdom of Saudi Arabia (KSA)'s Elderly Healthcare Market are Saudi German Health, Dr. Sulaiman Al-Habib Medical Group, King Faisal Specialist Hospital & Research Centre, Al Hammadi Hospitals, and many others.
The market is growing at a CAGR of 18.1 percent over the forecasted period.