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Dubai: Upcoming Medical Tourism Hub

Jul 08, 2014

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Touching the mark of nearly US$34 Billion by 2018, the UAE healthcare sector is estimated to grow at a CAGR of over 13% during 2013 to 2018. The industry is anticipated to undergo evolution owing to the increase in population and continuous growth of demand for healthcare products and services in the region.
 
Dubai is swiftly emerging as a medical tourism destination due to its low cost, English speaking medical staff, and virtually no queues for treatments. 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. Recent statistics show that the number of medical tourists receiving treatment is estimated to increase by 15% each year. Additionally, healthcare spending in the UAE is expected to reach AED 40 billion by 2015, while medical tourists are set to cross the 20 million mark for the same period.
 
From the perspective of government initiatives for promoting healthcare and to boost Dubai as a hub for medical tourism, a new authority was created to oversee Dubai Healthcare City. The Dubai Health Authority (DHA) and the Dubai Healthcare City Authority (DHCA) will develop the sector to attract a whole spectrum of complementary industries ranging from drug manufacturers, to research laboratories and pharmacies.
 
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 across various markets, and the initiatives undertaken by the UAE government are also elicited exhaustively.
 
The competition across the UAE healthcare sector, including the pharma and medical devices segment, is intensifying with the days passing by. With new service providers entering the market, increase in the number of PPPs, and several government initiatives undertaken by the UAE govt. in order to facilitate the buoyancy of the healthcare services across the emirates, the healthcare market of the UAE is bound to witness a swift growth in the years to come.
 
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM669.htm
 
Check Related REPORTS on: http://www.rncos.com/Healthcare.htm


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