HBI Deals+Insights / News

How much have KSA’s for-profit hospitals grown since 2019?

This week’s infographic looks at the performance of KSA’s top 5 for-profit hospitals since 2019. 

The hospital providers have been ranked based on their revenues (in €million). The data comes from HBI Intelligence. 

Dr. Sulaiman Al Habib Medical Group has been the top-earning hospital group in KSA since 2019, with 2023 revenues standing at €1,655.2 m.

Mouwasat Medical Services was second until Dallah Health overtook it in 2021. In 2023, Mouwasat’s hospital sales stood at €562.5 m, while Dallah Health was at €683.6 m.

Fakeeh Group ranked fourth on the top 5 list in 2019, but was overtaken by Dallah Health in 2021. By 2023, Fakeeh’s revenue was €419.6 m.

International Medical Center (IMC) has consistently held fifth place since 2019, with 2023 revenues of €322.4 m.

HBI has just released a market overview on Saudi Arabia’s hospital sector. Click here to access the overview. 

We would welcome your thoughts on this story. Email your views to Rakshitha Narasimhan or call 0207 183 3779.