The Life Sciences & Medical Devices Sector Cluster
King Abdullah Economic City Special Economic Zone
$34B+
GDP contribution by 2040
$5.3B
Size of the Kingdom's medtech market (2024)
Advantages of the King Abdullah Economic City Special Economic Zone
Advanced infrastructure
Home to King Abdullah Port, supporting healthcare-product supply chains and easing global distribution.
Supportive ecosystem
A streamlined business environment that eases setup, lowers operating costs, and reduces investment risk.
Investment Drivers
The life sciences and medical devices cluster carries distinctive strengths that add to the special economic zone's advantages, increasing its investment appeal.
Growing demand
The Kingdom's $5.3 billion medtech market is growing at an annual rate of 7%.
Healthcare spending
Healthcare is estimated to account for 17.1% of the Kingdom's government spending.
Key Investors
Pfizer
One of the world's largest pharmaceutical companies.
18M
Annual production capacity (packages)