Burjeel Holdings plans to launch 2 surgery centers in Riyadh by 2025: CEO

25/02/2024 Argaam Special
John Sunil, CEO of Burjeel Holdings

John Sunil, CEO of Burjeel Holdings


Burjeel Holdings is planning to launch its first two specialized day surgery centers in Riyadh by 2025, CEO John Sunil told Argaam.

 

The new centers are expected to generate an annual revenue of SAR 150-200 million each once fully operational.

 

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“We will be closely assessing the performance and potential of these first centers while considering the expansion model,” the CEO said, adding that there are numerous opportunities available under the Vision 2030 that supports the rapidly growing healthcare sector in Saudi Arabia.

 

The two centers will provide advanced, minimally invasive procedures across key specialties such as oncology, advanced gynecology, orthopedics, and neurology. The projected capital expenditure for each specialized day surgery center is estimated to be around $30-40 million, with an additional $10-15 million expected in working capital investment per center.

 

With continuous progress and government support for healthcare infrastructure, the trend towards minimally invasive surgeries is expected to continue.

 

Within two years, the company launched its PhysioTherabia network – physiotherapy, rehabilitation, and wellness centers – in collaboration with Leejam Sports Co.

 

“We plan to open at least 60 PhysioTherabia centers by the end of 2025 and extend the services to include sports medicine. The total capex for PhysioTherabia network is expected to be around SAR 140 million.”

 

Burjeel specialized day surgery centers and the PhysioTherabia rehabilitation network will complement each other’s offerings based on referral cooperation and mutual commercial rationale.

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