UAE Healthcare Sector Outlook 2018
The UAE healthcare market is poised to reach around US$ 34 Billion in 2018 growing at a CAGR of nearly 13.5% over the 5 period from 2013 to 2018. The very market is anticipated to witness a rapid revolution on the back of increasing population and persistent growth of demand for better healthcare products and services in the region. Dubai is swiftly gaining popularity as a medical tourism destination due to its low cost, English speaking medical staff, and virtually no queues for treatments. Promoting the medical tourism in the emirate, Dubai government has also introduced several strategies. On such strategy includes the ambitious project of targeting the growing medical tourism business, side by side addressing the serious shortage of medical graduates. Recent statistics show that the number of medical tourists receiving treatment is estimated to increase by 15% each year. The hospitals and clinics operating across Dubai offer myriad first-class medical treatments including cochlear implants, diabetes treatments, orthopedics, cardiology, oncology, obesity surgery, neurology, plastic & cosmetic surgery, physical therapy, dermatology, rheumatology, ophthalmology, lung treatments, and urology. Dubai which is already a popular destination with travelers and has a number of internationally accredited clinics, could easily take a greater share in medical tourism business. As a whole, the “UAE Healthcare Sector Outlook 2018”, report thoroughly discusses the overall UAE healthcare sector, and the hospitals segment in terms of MoH, private, and other government including the demand and shortage of hospital beds and physicians as well. Moreover, the healthcare market of seven emirates is also discussed in detail. Additionally, the medical devices and pharmaceutical market of the UAE are also analyzed. Apart from the statistical data analysis highlighted above, qualitative data in across the numerous market attractions, industry trends, government regulations