UAE Healthcare Market Witnessing Strong Spending Patterns

According to our new research report, “UAE Healthcare Sector Forecast to 2012”, the UAE healthcare industry has grown rapidly over the past few years owing to the government initiative to invest heavily in healthcare infrastructure, rising population, and increasing incidences of chronic and lifestyle diseases. Backed by these factors, the healthcare market is estimated to have reached around US$ 6.6 Billion in 2010, showing a growth rate of around 12% over the previous year. The market is further likely to witness a significant growth as healthcare expenditure will rise from 2.7% of GDP in 2010 to around 3.2% of GDP by 2013.

We found that the UAE hospital services’ market is one of the most advanced after Saudi Arabia, when compared with other countries in the GCC region. Private sector accounted for 64% of the hospitals in the country in 2008 and the total bed capacity in the hospitals is estimated at around 11,000 beds in 2010, up by about 2% compared to the previous year. The shortage of hospital beds provides a huge investment opportunity in the healthcare sector in the UAE.

The report, “UAE Healthcare Sector Forecast to 2012”, provides an insight into the UAE healthcare market by analyzing market attractions and emerging market trends. The trends have been investigated in a prudent manner and their impact on the market is illustrated. Further, the report also covers results of extensive research on the hospital services, medical devices, and pharmaceutical market.

The report is an outcome of an in-depth research and analysis of the UAE healthcare market, taking into account the factors that supported the growth of the market. Government support and regulations are effectively covered under the ‘government initiatives’ section. Forecasting in key areas of the report has utilized reliable methods and appropriate base, so that a realistic picture of the future may be established. Overall, the report is well suited for clients who want to attain a deeper insight into the UAE healthcare sector.

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