[{"data":1,"prerenderedAt":1007},["ShallowReactive",2],{"report:en:market-context":3},{"schemaVersion":4,"locale":5,"direction":6,"routeId":7,"slug":8,"title":9,"source":10,"sourceSections":14},"1.0.0","en","ltr","market-context","business-and-strategy\u002Fmarket-context","Market Context",{"authority":11,"documentName":12,"sha256":13},"official-locale-idml","افالون فارما - التقرير السنوي english 2025 v3.20.indd","297bf7518216874132615aafd4aa637a92908ea1b50f6ee659ee25b8a368e0ea",[15],{"id":7,"title":16,"preview":17,"stories":20},"Macroeconomic Indicators in the Kingdom of Saudi Arabia",[18,19],"The Saudi economy continued to grow throughout 2025, supported by the expansion of non-oil activities and the ongoing implementation of Vision 2030 programs. According to the Kingdom’s general budget estimates, real GDP is expected to grow by approximately 4.6% in 2025, positioning Saudi Arabia among the fastest-growing major economies. International Monetary Fund (IMF) estimates indicate overall economic growth for 2025 ranging between 3.6% and 4%, driven by rising domestic demand, government investments, and economic diversification projects. The non-oil sector performed strongly, with expected growth of around 3.4%, reflecting the continued increase in the contribution of non-oil activities, which now account for over 53% of GDP, highlighting the success of diversification efforts. Alongside, the oil sector’s performance remained influenced by global production management policies; however, sustained domestic demand and government investments helped maintain overall economic stability. Regarding public finance, IMF estimates project a fiscal deficit of around 4% of GDP in 2025, while the state budget anticipates a deficit of approximately 101 ر billion. Public debt is expected to reach about 1,300 ر billion (around 29.9% of GDP), a level considered safe compared to peer economies. Inflation is projected to remain low, averaging 2.1% in 2025, with other estimates suggesting it could stay near 1.9%, among the lowest levels in the G20 countries. In Q1 2025, non-oil GDP grew by 4.9%, contributing to an overall real GDP growth of 3.4% year-on-year, marking the eighth consecutive quarter of positive non-oil sector performance. The overall unemployment rate declined to 2.8%, while unemployment among Saudi nationals fell to 6.3%. Female labor force participation rose to 36.3%, with female unemployment decreasing to 10.5%.","The healthcare sector in the Kingdom continues to grow, driven by demographic factors, economic shifts, supportive government policies, and fundamental reforms under the Health Sector Transformation Program, in line with the objectives of Vision 2030. In 2025, the sector witnessed a qualitative improvement in both quality of life and healthcare coverage, positively reflecting on the Kingdom’s health and economic indicators. The government allocated a budget of 99 ر Billion to the Ministry of Health, and the healthcare sector’s contribution to GDP rose to 5%. Key health achievements include a 50% reduction in deaths from infectious diseases and a health coverage rate of 94.7%, among the highest globally. On the international scale, according to data from the World Health Organization and the World Bank, Saudi Arabia achieved a score of 83 in the Universal Health Coverage (UHC) index, representing a remarkable increase of 9 points over two years, positioning the Kingdom among countries with high-level health coverage. Additionally, Jeddah was recognized as the largest healthcare metropolitan city in the Middle East, and Medina as the second-largest, according to WHO rankings. These developments align with Avalon’s vision of providing innovative products and solutions that support this expansion and enhance the quality of healthcare services across the Kingdom.",[21,128,150,169,185,200,215,230,245,260,275,290,465,480,495,510,525,561,594,624,666,680,830],{"id":22,"direction":23,"blocks":24},"uea40","RightToLeftDirection",[25,47,61],{"id":26,"type":27,"text":28,"paragraphStyle":29,"runs":32},"uea40:p0001","paragraph","Macroeconomic Indicators in the Kingdom of Saudi Arabia\n",{"id":30,"name":31},"ParagraphStyle\u002Fheader%3ahaidline main text رئيسي ","header:haidline main text رئيسي ",[33],{"character_style":34,"text":28,"token_types":37,"overrides":40,"properties":41},{"id":35,"name":36},"CharacterStyle\u002F$ID\u002F[No character style]","[No character style]",[38,39],"content","line_break",{},[42],{"tag":43,"attributes":44,"text":46},"Leading",{"type":45},"enumeration","Auto",{"id":48,"type":27,"text":49,"paragraphStyle":50,"runs":53},"uea40:p0002","\n",{"id":51,"name":52},"ParagraphStyle\u002Fmain text english","main text english",[54],{"character_style":55,"text":49,"token_types":56,"overrides":57,"properties":58},{"id":35,"name":36},[39],{},[59],{"tag":43,"attributes":60,"text":46},{"type":45},{"id":62,"type":27,"text":63,"paragraphStyle":64,"runs":65},"uea40:p0003","The Saudi economy continued to grow throughout 2025, supported by the expansion of non-oil activities and the ongoing implementation of Vision 2030 programs. According to the Kingdom’s general budget estimates, real GDP is expected to grow by approximately 4.6% in 2025, positioning Saudi Arabia among the fastest-growing major economies.\nInternational Monetary Fund (IMF) estimates indicate overall economic growth for 2025 ranging between 3.6% and 4%, driven by rising domestic demand, government investments, and economic diversification projects.\nThe non-oil sector performed strongly, with expected growth of around 3.4%, reflecting the continued increase in the contribution of non-oil activities, which now account for over 53% of GDP, highlighting the success of diversification efforts.\nAlongside, the oil sector’s performance remained influenced by global production management policies; however, sustained domestic demand and government investments helped maintain overall economic stability.\nRegarding public finance, IMF estimates project a fiscal deficit of around 4% of GDP in 2025, while the state budget anticipates a deficit of approximately 101 ر billion. Public debt is expected to reach about 1,300 ر billion (around 29.9% of GDP), a level considered safe compared to peer economies.\nInflation is projected to remain low, averaging 2.1% in 2025, with other estimates suggesting it could stay near 1.9%, among the lowest levels in the G20 countries.\nIn Q1 2025, non-oil GDP grew by 4.9%, contributing to an overall real GDP growth of 3.4% year-on-year, marking the eighth consecutive quarter of positive non-oil sector performance.\nThe overall unemployment rate declined to 2.8%, while unemployment among Saudi nationals fell to 6.3%. Female labor force participation rose to 36.3%, with female unemployment decreasing to 10.5%.",{"id":51,"name":52},[66,75,84,96,104,112,120],{"character_style":67,"text":68,"token_types":69,"overrides":70,"properties":72},{"id":35,"name":36},"The Saudi economy continued to grow throughout 2025, supported by the expansion of non-oil activities and the ongoing implementation of Vision 2030 programs. According to the Kingdom’s general budget estimates, real GDP is expected to grow by approximately 4.6% in 2025, positioning Saudi Arabia among the fastest-growing major economies.\nInternational Monetary Fund (IMF) estimates indicate overall economic growth for 2025 ranging between 3.6% and 4%, driven by rising domestic demand, government investments, and economic diversification projects.\nThe non-oil sector performed strongly, with expected growth of around 3.4%, reflecting the continued increase in the contribution of non-oil activities, which now account for over 53% of GDP, highlighting the success of diversification efforts.\nAlongside, the oil sector’s performance remained influenced by global production management policies; however, sustained domestic demand and government investments helped maintain overall economic stability.\nRegarding public finance, IMF estimates project a fiscal deficit of around 4% of GDP in 2025, while the state budget anticipates a deficit of approximately ",[38,39,38,39,38,39,38,39,38],{"AppliedLanguage":71},"$ID\u002FEnglish: UK",[73],{"tag":43,"attributes":74,"text":46},{"type":45},{"character_style":76,"text":77,"token_types":78,"overrides":79,"properties":81},{"id":35,"name":36},"101 ",[38],{"AppliedLanguage":80},"$ID\u002FArabic",[82],{"tag":43,"attributes":83,"text":46},{"type":45},{"character_style":85,"text":88,"token_types":89,"overrides":90,"properties":93},{"id":86,"name":87},"CharacterStyle\u002FSaudi-Riyal","Saudi-Riyal","ر",[38],{"AppliedLanguage":80,"DigitsType":91,"FillColor":92},"ArabicDigits","Color\u002Fu11f87",[94],{"tag":43,"attributes":95,"text":46},{"type":45},{"character_style":97,"text":98,"token_types":99,"overrides":100,"properties":101},{"id":35,"name":36}," billion. Public debt is expected to reach about ",[38],{"AppliedLanguage":71},[102],{"tag":43,"attributes":103,"text":46},{"type":45},{"character_style":105,"text":106,"token_types":107,"overrides":108,"properties":109},{"id":35,"name":36},"1,300 ",[38],{"AppliedLanguage":80},[110],{"tag":43,"attributes":111,"text":46},{"type":45},{"character_style":113,"text":88,"token_types":114,"overrides":115,"properties":117},{"id":86,"name":87},[38],{"AppliedLanguage":80,"DigitsType":91,"FillColor":116},"Color\u002Fu11f88",[118],{"tag":43,"attributes":119,"text":46},{"type":45},{"character_style":121,"text":122,"token_types":123,"overrides":124,"properties":125},{"id":35,"name":36}," billion (around 29.9% of GDP), a level considered safe compared to peer economies.\nInflation is projected to remain low, averaging 2.1% in 2025, with other estimates suggesting it could stay near 1.9%, among the lowest levels in the G20 countries.\nIn Q1 2025, non-oil GDP grew by 4.9%, contributing to an overall real GDP growth of 3.4% year-on-year, marking the eighth consecutive quarter of positive non-oil sector performance.\nThe overall unemployment rate declined to 2.8%, while unemployment among Saudi nationals fell to 6.3%. Female labor force participation rose to 36.3%, with female unemployment decreasing to 10.5%.",[38,39,38,39,38,39,38],{"AppliedLanguage":71},[126],{"tag":43,"attributes":127,"text":46},{"type":45},{"id":129,"direction":23,"blocks":130},"uea75",[131],{"id":132,"type":27,"text":133,"paragraphStyle":134,"runs":135},"uea75:p0001","The Saudi economy experienced moderate growth in the 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Domestic Product (GDP) increased ",{"id":51,"name":52},[177],{"character_style":178,"text":174,"token_types":179,"overrides":180,"properties":181},{"id":35,"name":36},[38],{"FillColor":140,"FontStyle":141,"KentenFontSize":142,"MiterLimit":143,"RubyFontSize":142,"StrokeWeight":144},[182],{"tag":43,"attributes":183,"text":184},{"type":148},"14.535817804770396",{"id":186,"direction":23,"blocks":187},"ueabe",[188],{"id":189,"type":27,"text":190,"paragraphStyle":191,"runs":192},"ueabe:p0001","3.6%",{"id":51,"name":52},[193],{"character_style":194,"text":190,"token_types":195,"overrides":196,"properties":197},{"id":35,"name":36},[38],{"FillColor":162,"FontStyle":163,"KentenFontSize":142,"MiterLimit":143,"PointSize":164,"RubyFontSize":142,"StrokeWeight":144},[198],{"tag":43,"attributes":199,"text":168},{"type":148},{"id":201,"direction":23,"blocks":202},"ueada",[203],{"id":204,"type":27,"text":205,"paragraphStyle":206,"runs":207},"ueada:p0001","The non-oil sector recorded growth 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at",{"id":51,"name":52},[238],{"character_style":239,"text":235,"token_types":240,"overrides":241,"properties":242},{"id":35,"name":36},[38],{"FillColor":140,"FontStyle":141,"KentenFontSize":142,"MiterLimit":143,"RubyFontSize":142,"StrokeWeight":144},[243],{"tag":43,"attributes":244,"text":184},{"type":148},{"id":246,"direction":23,"blocks":247},"ueb23",[248],{"id":249,"type":27,"text":250,"paragraphStyle":251,"runs":252},"ueb23:p0001","1.9%",{"id":51,"name":52},[253],{"character_style":254,"text":250,"token_types":255,"overrides":256,"properties":257},{"id":35,"name":36},[38],{"FillColor":162,"FontStyle":163,"KentenFontSize":142,"MiterLimit":143,"PointSize":164,"RubyFontSize":142,"StrokeWeight":144},[258],{"tag":43,"attributes":259,"text":168},{"type":148},{"id":261,"direction":23,"blocks":262},"ueb3e",[263],{"id":264,"type":27,"text":265,"paragraphStyle":266,"runs":267},"ueb3e:p0001","The overall unemployment rate declined 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Healthcare\nMarket\n",{"id":298,"name":299},"ParagraphStyle\u002Fhaidline main text 4","haidline main text 4",[301],{"character_style":302,"text":296,"token_types":303,"overrides":304,"properties":305},{"id":35,"name":36},[38,39,38,39],{},[306],{"tag":43,"attributes":307,"text":308},{"type":148},"9",{"id":310,"type":27,"text":311,"paragraphStyle":312,"runs":313},"uea57:p0002","The healthcare sector in the Kingdom continues to grow, driven by demographic factors, economic shifts, supportive government policies, and fundamental reforms under the Health Sector Transformation Program, in line with the objectives of Vision 2030. In 2025, the sector witnessed a qualitative improvement in both quality of life and healthcare coverage, positively reflecting on the Kingdom’s health and economic indicators.\nThe government allocated a budget of\u202899 ر Billion to the Ministry of Health, and the healthcare sector’s contribution to GDP rose to 5%. Key health achievements include a 50% reduction in deaths from infectious diseases and a health coverage rate of 94.7%, among the highest globally.\nOn the international scale, according to data from the World Health Organization and the World Bank, Saudi Arabia achieved a score of 83 in the Universal Health Coverage (UHC) index, representing a remarkable increase of 9 points over two years, positioning the Kingdom among countries with high-level health coverage. Additionally, Jeddah was recognized as the largest healthcare metropolitan city in the Middle East, and Medina as the second-largest, according to WHO rankings.\nThese developments align with Avalon’s vision of providing innovative products and solutions that support this expansion and enhance the quality of healthcare services across the Kingdom.\n\n",{"id":51,"name":52},[314,323,331,340,348,356,364],{"character_style":315,"text":316,"token_types":317,"overrides":318,"properties":319},{"id":35,"name":36},"The healthcare sector in the Kingdom continues to grow, driven by demographic factors, economic shifts, supportive government policies, and fundamental reforms under the Health Sector Transformation Program, in line with the objectives of Vision 2030. In 2025, the sector witnessed a qualitative improvement in both quality of life and healthcare coverage, positively reflecting on the Kingdom’s health and economic indicators.\nThe government allocated a budget of\u2028",[38,39,38],{"AppliedLanguage":71},[320],{"tag":43,"attributes":321,"text":322},{"type":148},"12.5",{"character_style":324,"text":325,"token_types":326,"overrides":327,"properties":328},{"id":35,"name":36},"99 ",[38],{"AppliedLanguage":80},[329],{"tag":43,"attributes":330,"text":322},{"type":148},{"character_style":332,"text":88,"token_types":333,"overrides":334,"properties":336},{"id":86,"name":87},[38],{"AppliedLanguage":80,"DigitsType":91,"FillColor":335},"Color\u002Fu128c2",[337],{"tag":43,"attributes":338,"text":339},{"type":148},"18",{"character_style":341,"text":342,"token_types":343,"overrides":344,"properties":345},{"id":35,"name":36}," Billion",[38],{"AppliedLanguage":80},[346],{"tag":43,"attributes":347,"text":322},{"type":148},{"character_style":349,"text":350,"token_types":351,"overrides":352,"properties":353},{"id":35,"name":36}," to the Ministry of Health, and the healthcare sector’s contribution to GDP rose to 5%. Key health achievements include a 50% reduction in deaths from infectious diseases and a health coverage rate of 94.7%, among the highest globally.\nOn the international scale, according to data from the World Health Organization and the World Bank, Saudi Arabia achieved a score of 83 in the Universal Health Coverage (UHC) index, representing a remarkable increase of 9 points over two years, positioning the Kingdom among countries with high-level health coverage. Additionally, Jeddah was recognized as the largest healthcare metropolitan city in the Middle East, and Medina as the second-largest, according to WHO rankings.\nThese developments align with Avalon’s vision of providing innovative products and solutions that support this expansion and enhance the quality of healthcare services across the Kingdom.",[38,39,38,39,38],{"AppliedLanguage":71},[354],{"tag":43,"attributes":355,"text":322},{"type":148},{"character_style":357,"text":49,"token_types":358,"overrides":359,"properties":360},{"id":35,"name":36},[39],{"AppliedLanguage":71},[361],{"tag":43,"attributes":362,"text":363},{"type":148},"12",{"character_style":365,"text":49,"token_types":366,"overrides":367,"properties":368},{"id":35,"name":36},[39],{"AppliedLanguage":71,"FontStyle":141},[369],{"tag":43,"attributes":370,"text":46},{"type":45},{"id":372,"type":27,"text":373,"paragraphStyle":374,"runs":375},"uea57:p0003","\n\nHealthcare Infrastructure\n",{"id":298,"name":299},[376,385,393,401],{"character_style":377,"text":378,"token_types":379,"overrides":380,"properties":381},{"id":35,"name":36},"\n\n",[39,39],{},[382],{"tag":43,"attributes":383,"text":384},{"type":148},"1",{"character_style":386,"text":387,"token_types":388,"overrides":389,"properties":390},{"id":35,"name":36},"Heal",[38],{},[391],{"tag":43,"attributes":392,"text":384},{"type":148},{"character_style":394,"text":395,"token_types":396,"overrides":397,"properties":398},{"id":35,"name":36},"thcare Infrastructure",[38],{},[399],{"tag":43,"attributes":400,"text":363},{"type":148},{"character_style":402,"text":49,"token_types":403,"overrides":404,"properties":405},{"id":35,"name":36},[39],{},[],{"id":407,"type":27,"text":408,"paragraphStyle":409,"runs":410},"uea57:p0004","In 2025, the Kingdom continued to implement its ambitious plans by channelling strategic investments to develop healthcare infrastructure. At the 2025 Global Health Forum held in Riyadh, strategic investments was valued at 133 ر Billion were announced, reflecting the scale of progress in the healthcare sector and the potential for growth and innovation.\nClinical capacity was increased across five hospitals in different regions of the Kingdom by 1,700 beds, exceeding the targets set for 2025 and strengthening the healthcare infrastructure. Additionally, six new hospitals with a combined capacity of 1,100 beds are expected to be established in 2026.\nThe Kingdom has made significant advancements and recorded substantial growth in digital healthcare solutions through expanded health initiatives and applications, including the use of artificial intelligence to enhance healthcare efficiency. These efforts were recognized with the Zimam Award for Digital Healthcare 2025, awarded to the Virtual Health Hospital and the Ministry of Health’s Innovation Enablement Center, underscoring the Kingdom’s commitment to providing advanced medical technologies that meet and compete with global standards.",{"id":51,"name":52},[411,419,427,435,449,457],{"character_style":412,"text":413,"token_types":414,"overrides":415,"properties":416},{"id":35,"name":36},"In 2025, the Kingdom continued to implement its ambitious plans by channelling strategic investments to develop healthcare infrastructure. At the 2025 Global Health Forum held in Riyadh, strategic investments was valued at ",[38],{"AppliedLanguage":71},[417],{"tag":43,"attributes":418,"text":46},{"type":45},{"character_style":420,"text":421,"token_types":422,"overrides":423,"properties":424},{"id":35,"name":36},"133 ",[38],{"AppliedLanguage":80},[425],{"tag":43,"attributes":426,"text":46},{"type":45},{"character_style":428,"text":88,"token_types":429,"overrides":430,"properties":432},{"id":86,"name":87},[38],{"AppliedLanguage":80,"DigitsType":91,"FillColor":431},"Color\u002Fu11f9c",[433],{"tag":43,"attributes":434,"text":46},{"type":45},{"character_style":436,"text":437,"token_types":438,"overrides":439,"properties":441},{"id":86,"name":87}," ",[38],{"AppliedLanguage":80,"DigitsType":91,"FillColor":431,"FontStyle":440},"Book",[442,444],{"tag":43,"attributes":443,"text":46},{"type":45},{"tag":445,"attributes":446,"text":448},"AppliedFont",{"type":447},"string","Gotham",{"character_style":450,"text":451,"token_types":452,"overrides":453,"properties":454},{"id":35,"name":36},"Billion",[38],{"AppliedLanguage":80},[455],{"tag":43,"attributes":456,"text":46},{"type":45},{"character_style":458,"text":459,"token_types":460,"overrides":461,"properties":462},{"id":35,"name":36}," were announced, reflecting the scale of progress in the healthcare sector and the potential for growth and innovation.\nClinical capacity was increased across five hospitals in different regions of the Kingdom by 1,700 beds, exceeding the targets set for 2025 and strengthening the healthcare infrastructure. Additionally, six new hospitals with a combined capacity of 1,100 beds are expected to be established in 2026.\nThe Kingdom has made significant advancements and recorded substantial growth in digital healthcare solutions through expanded health initiatives and applications, including the use of artificial intelligence to enhance healthcare efficiency. These efforts were recognized with the Zimam Award for Digital Healthcare 2025, awarded to the Virtual Health Hospital and the Ministry of Health’s Innovation Enablement Center, underscoring the Kingdom’s commitment to providing advanced medical technologies that meet and compete with global standards.",[38,39,38,39,38],{"AppliedLanguage":71},[463],{"tag":43,"attributes":464,"text":46},{"type":45},{"id":466,"direction":23,"blocks":467},"ueb79",[468],{"id":469,"type":27,"text":470,"paragraphStyle":471,"runs":472},"ueb79:p0001","The healthcare sector’s contribution to GDP increased 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This reflects improvements in public health and serves as a direct indicator of the effectiveness of preventive and therapeutic programs.\nAt the same time, demand in the healthcare sector for medical services and pharmaceuticals continues to rise. Lifestyle-related diseases, such as diabetes, cardiovascular conditions, and obesity, are increasing, driven by urbanization and changing dietary habits. This places additional pressure on the healthcare system and underscores the need for advanced preventive and therapeutic solutions.\nGovernment efforts to improve access to healthcare services in rural and undeserved communities are also expected to increase demand for medicines and healthcare, making demographic factors a key driver of growth in the pharmaceutical market in the Kingdom. \n",{"id":51,"name":52},[700,709],{"character_style":701,"text":702,"token_types":703,"overrides":704,"properties":705},{"id":35,"name":36},"The population of the Kingdom exceeded 36 million, and the average life expectancy reached 79.7 years in 2025, up from 74 years in 2016, approaching the Vision 2030 target of 80 years. This reflects improvements in public health and serves as a direct indicator of the effectiveness of preventive and therapeutic programs.\nAt the same time, demand in the healthcare sector for medical services and pharmaceuticals continues to rise. Lifestyle-related diseases, such as diabetes, cardiovascular conditions, and obesity, are increasing, driven by urbanization and changing dietary habits. This places additional pressure on the healthcare system and underscores the need for advanced preventive and therapeutic solutions.\nGovernment efforts to improve access to healthcare services in rural and undeserved communities are also expected to increase demand for medicines and healthcare, making demographic factors a key driver of growth in the pharmaceutical market in the Kingdom. ",[38,39,38,39,38],{},[706],{"tag":43,"attributes":707,"text":708},{"type":148},"16",{"character_style":710,"text":49,"token_types":711,"overrides":712,"properties":715},{"id":35,"name":36},[39],{"FillColor":162,"FontStyle":713,"PointSize":714},"Black","14",[716,718],{"tag":43,"attributes":717,"text":708},{"type":148},{"tag":445,"attributes":719,"text":720},{"type":447},"Avenir Arabic",{"id":722,"type":27,"text":723,"paragraphStyle":724,"runs":725},"uc9e9:p0003","Market Growth Opportunities\n",{"id":687,"name":688},[726],{"character_style":727,"text":723,"token_types":728,"overrides":729,"properties":730},{"id":35,"name":36},[38,39],{},[],{"id":732,"type":27,"text":733,"paragraphStyle":734,"runs":737},"uc9e9:p0004","The pharmaceutical market in the Kingdom of Saudi Arabia is experiencing strong growth, driven by several strategic factors:\nMarket Expansion and Value: The Saudi pharmaceutical market is estimated at approximately 30 ر billion in 2025, with an annual growth rate of around 5%, covering both local production and imports to meet rising demand.\nStrengthening Local Manufacturing: The Kingdom is actively increasing domestic drug production to reduce reliance on imports, with more than 40 licensed pharmaceutical manufacturers contributing to meeting a portion of local demand.\nSupportive Regulatory Initiatives: In 2025, the Saudi Food and Drug Authority launched the “Saudi Drug Code” during the Global Health Forum, a new regulatory framework that enhances scientific standards for drug safety and quality, while boosting investor confidence.",{"id":735,"name":736},"ParagraphStyle\u002Fmain text","main text",[738,746,755,763,771,782,790,798,806,814,822],{"character_style":739,"text":740,"token_types":741,"overrides":742,"properties":743},{"id":35,"name":36},"The pharmaceutical market in the Kingdom of Saudi Arabia is experiencing strong growth, driven by several strategic factors:\n",[38,39],{},[744],{"tag":43,"attributes":745,"text":708},{"type":148},{"character_style":747,"text":748,"token_types":749,"overrides":750,"properties":752},{"id":35,"name":36},"Market Expansion and Value",[38],{"FillColor":751,"FontStyle":163},"Color\u002Fr32g50b98",[753],{"tag":43,"attributes":754,"text":708},{"type":148},{"character_style":756,"text":757,"token_types":758,"overrides":759,"properties":760},{"id":35,"name":36},": The Saudi pharmaceutical market is estimated at approximately ",[38],{},[761],{"tag":43,"attributes":762,"text":708},{"type":148},{"character_style":764,"text":765,"token_types":766,"overrides":767,"properties":768},{"id":35,"name":36},"30 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demand.\n",[38,39],{},[796],{"tag":43,"attributes":797,"text":708},{"type":148},{"character_style":799,"text":800,"token_types":801,"overrides":802,"properties":803},{"id":35,"name":36},"Strengthening Local Manufacturing",[38],{"FillColor":751,"FontStyle":163},[804],{"tag":43,"attributes":805,"text":708},{"type":148},{"character_style":807,"text":808,"token_types":809,"overrides":810,"properties":811},{"id":35,"name":36},": The Kingdom is actively increasing domestic drug production to reduce reliance on imports, with more than 40 licensed pharmaceutical manufacturers contributing to meeting a portion of local demand.\n",[38,39],{},[812],{"tag":43,"attributes":813,"text":708},{"type":148},{"character_style":815,"text":816,"token_types":817,"overrides":818,"properties":819},{"id":35,"name":36},"Supportive Regulatory Initiatives",[38],{"FillColor":751,"FontStyle":163},[820],{"tag":43,"attributes":821,"text":708},{"type":148},{"character_style":823,"text":824,"token_types":825,"overrides":826,"properties":827},{"id":35,"name":36},": In 2025, the Saudi Food and Drug Authority launched the “Saudi Drug Code” during the Global Health Forum, a new regulatory framework that enhances scientific standards for drug safety and quality, while boosting investor confidence.",[38],{},[828],{"tag":43,"attributes":829,"text":708},{"type":148},{"id":831,"direction":23,"blocks":832},"uc9bb",[833,843,954,964,978],{"id":834,"type":27,"text":835,"paragraphStyle":836,"runs":837},"uc9bb:p0001","Pharmaceutical Imports and Exports\n",{"id":687,"name":688},[838],{"character_style":839,"text":835,"token_types":840,"overrides":841,"properties":842},{"id":35,"name":36},[38,39],{},[],{"id":844,"type":27,"text":845,"paragraphStyle":846,"runs":847},"uc9bb:p0002","The Saudi pharmaceutical market experienced strong growth in 2025, driven by rising demand for healthcare services, localization programs, and a shift toward domestic manufacturing. Total pharmaceutical market sales reached approximately USD 16.7 billion in 2025, compared to USD 14.96 billion in 2024, reflecting a growth rate of 11.7%. In the fourth quarter of 2025, sales totaled USD 4.1 billion, up from USD 4 billion in the same period of 2024, a 2.7% increase.\nThis performance underscores the Kingdom’s continued leadership in the Middle East pharmaceutical market, with a market share approaching 30%. The number of registered pharmaceutical manufacturers in the Kingdom rose to about 84 factories, including 50 licensed by the Saudi Food and Drug Authority (SFDA), with total investments of approximately 7.5ر billion. Domestic production accounts for around 28% of market value and 42% of total units produced.\nSaudi pharmaceutical exports exceeded 1.5رbillion, reflecting an increasing capability for regional and international exports. Additionally, the number of licensed medical device and equipment manufacturers reached 148 factories, with total investments of around 3.1 ر billion, catering to both domestic and international demand.\nDespite continued reliance on imports, the expansion of local production and growing exports reflect the Kingdom’s strategy to enhance health security and self-sufficiency.\n",{"id":735,"name":736},[848,856,864,872,881,889,897,906,914,922,930,939,946],{"character_style":849,"text":850,"token_types":851,"overrides":852,"properties":853},{"id":35,"name":36},"Th",[38],{},[854],{"tag":43,"attributes":855,"text":339},{"type":148},{"character_style":857,"text":858,"token_types":859,"overrides":860,"properties":861},{"id":35,"name":36},"e Saudi pharmaceutical market experienced strong growth in 2025, driven by rising demand for healthcare services, localization programs, and a shift toward domestic manufacturing. Total pharmaceutical market sales reached approximately USD 16.7 billion in 2025, compared to USD 14.96 billion in 2024, reflecting a growth rate of 11.7%. In the fourth quarter of 2025, sales totaled USD 4.1 billion, up from USD 4 billion in the same period of 2024, a 2.7% increase.\nThis performance underscores the Kingdom’s continued leadership in the Middle East pharmaceutical market, with a market share approaching 30%. The number of registered pharmaceutical manufacturers in the Kingdom rose to about 84 factories, including 50 licensed by the Saudi Food and Drug Authority (SFDA), with total investments of approximately ",[38,39,38],{},[862],{"tag":43,"attributes":863,"text":363},{"type":148},{"character_style":865,"text":866,"token_types":867,"overrides":868,"properties":869},{"id":35,"name":36},"7.5",[38],{"AppliedLanguage":80},[870],{"tag":43,"attributes":871,"text":363},{"type":148},{"character_style":873,"text":88,"token_types":874,"overrides":875,"properties":876},{"id":35,"name":36},[38],{"FillColor":775,"FontStyle":547,"PointSize":776},[877,879],{"tag":43,"attributes":878,"text":46},{"type":45},{"tag":445,"attributes":880,"text":87},{"type":447},{"character_style":882,"text":883,"token_types":884,"overrides":885,"properties":886},{"id":35,"name":36}," billion. Domestic production accounts for around 28% of market value and 42% of total units produced.\nSaudi pharmaceutical exports exceeded ",[38,39,38],{},[887],{"tag":43,"attributes":888,"text":363},{"type":148},{"character_style":890,"text":891,"token_types":892,"overrides":893,"properties":894},{"id":35,"name":36},"1.5",[38],{"AppliedLanguage":80},[895],{"tag":43,"attributes":896,"text":363},{"type":148},{"character_style":898,"text":88,"token_types":899,"overrides":900,"properties":901},{"id":35,"name":36},[38],{"FillColor":775,"FontStyle":547,"PointSize":776},[902,904],{"tag":43,"attributes":903,"text":46},{"type":45},{"tag":445,"attributes":905,"text":87},{"type":447},{"character_style":907,"text":908,"token_types":909,"overrides":910,"properties":911},{"id":35,"name":36},"billion",[38],{"AppliedLanguage":80},[912],{"tag":43,"attributes":913,"text":363},{"type":148},{"character_style":915,"text":916,"token_types":917,"overrides":918,"properties":919},{"id":35,"name":36},", reflecting an increasing capability for regional and international exports. Additionally, the number of licensed medical device and equipment manufacturers reached 148 factories, with total investments of around ",[38],{},[920],{"tag":43,"attributes":921,"text":363},{"type":148},{"character_style":923,"text":924,"token_types":925,"overrides":926,"properties":927},{"id":35,"name":36},"3.1 ",[38],{"AppliedLanguage":80},[928],{"tag":43,"attributes":929,"text":363},{"type":148},{"character_style":931,"text":88,"token_types":932,"overrides":933,"properties":934},{"id":35,"name":36},[38],{"FillColor":775,"FontStyle":547,"PointSize":776},[935,937],{"tag":43,"attributes":936,"text":46},{"type":45},{"tag":445,"attributes":938,"text":87},{"type":447},{"character_style":940,"text":784,"token_types":941,"overrides":942,"properties":943},{"id":35,"name":36},[38],{"AppliedLanguage":80},[944],{"tag":43,"attributes":945,"text":363},{"type":148},{"character_style":947,"text":948,"token_types":949,"overrides":950,"properties":951},{"id":35,"name":36},", catering to both domestic and international demand.\nDespite continued reliance on imports, the expansion of local production and growing exports reflect the Kingdom’s strategy to enhance health security and self-sufficiency.\n",[38,39,38,39],{},[952],{"tag":43,"attributes":953,"text":363},{"type":148},{"id":955,"type":27,"text":956,"paragraphStyle":957,"runs":958},"uc9bb:p0003","Strategic Dimensions\n",{"id":687,"name":688},[959],{"character_style":960,"text":956,"token_types":961,"overrides":962,"properties":963},{"id":35,"name":36},[38,39],{},[],{"id":965,"type":27,"text":49,"paragraphStyle":966,"runs":969},"uc9bb:p0004",{"id":967,"name":968},"ParagraphStyle\u002F$ID\u002FNormalParagraphStyle","NormalParagraphStyle",[970],{"character_style":971,"text":49,"token_types":972,"overrides":973,"properties":974},{"id":35,"name":36},[39],{},[975],{"tag":43,"attributes":976,"text":977},{"type":148},"2",{"id":979,"type":27,"text":980,"paragraphStyle":981,"runs":982},"uc9bb:p0005","The Kingdom of Saudi Arabia provides a supportive environment for the growth of the pharmaceutical industry, benefiting from Vision 2030, a growing population, and increasing demand for medicines and advanced healthcare services. Regulatory authorities, led by the Saudi Food and Drug Authority, enhance product quality and safety while promoting the localization and innovation of bio pharmaceuticals and specialty medicines, increasing the market’s attractiveness to investors.\nDespite these significant opportunities, the sector faces challenges, including economic fluctuations, compliance with regulatory standards, and rising competition. To achieve sustainable growth, companies should focus on localizing manufacturing, adopting digital healthcare solutions, and establishing strategic partnerships that support the Kingdom’s economic and health priorities, thereby enhancing competitiveness and expanding local and regional export potential.\n",{"id":735,"name":736},[983,991,999],{"character_style":984,"text":985,"token_types":986,"overrides":987,"properties":988},{"id":35,"name":36},"The ",[38],{},[989],{"tag":43,"attributes":990,"text":977},{"type":148},{"character_style":992,"text":993,"token_types":994,"overrides":995,"properties":996},{"id":35,"name":36},"Kingdom of Saudi Arabia provides a supportive environment for the growth of the pharmaceutical industry, benefiting from Vision 2030, a growing population, and increasing demand for medicines and advanced healthcare services. Regulatory authorities, led by the Saudi Food and Drug Authority, enhance product quality and safety while promoting the localization and innovation of bio pharmaceuticals and specialty medicines, increasing the market’s attractiveness to investors.\nDespite these significant opportunities, the sector faces challenges, including economic fluctuations, compliance with regulatory standards, and rising competition. To achieve sustainable growth, companies should focus on localizing manufacturing, adopting digital healthcare solutions, and establishing strategic partnerships that support the Kingdom’s economic and health priorities, thereby enhancing competitiveness and expanding local and regional export potential.",[38,39,38],{},[997],{"tag":43,"attributes":998,"text":714},{"type":148},{"character_style":1000,"text":49,"token_types":1001,"overrides":1002,"properties":1004},{"id":35,"name":36},[39],{"ParagraphBreakType":1003},"NextPage",[1005],{"tag":43,"attributes":1006,"text":714},{"type":148},1790446649731]