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RNCOS White Paper: UAE Healthcare Industry is Expected to Grow at 13.5% CAGR

Oct 22, 2014

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Healthcare industry in the UAE caters to expeditious growing population and the simultaneous incline in life expectancy in the country. The growing population in the UAE will create the need for more doctors, nurses, hospitals and clinics in the coming few years and will drive the country’s healthcare market to US$ 34 Billion till 2018. Healthcare sector in the country was understood to be in ballpark range of US$ 18 Billion in 2013. The industry is likely to grow at a CAGR of around 13.5% from the period 2014-2018 as per RNCOS study.
 
Emphasizing the potential of this industry, Shushmul Maheshwari, CEO - RNCOS said, “Increasing prevalence of lifestyle diseases along with Dubai’s determined plans to turn the UAE into medical tourism center will bolster the growth of this industry.” He further added, “Growing demand for home care services in the country in the coming years will intensify the market of healthcare in Emirati region.”
 
Our Analysis suggests that growing cosmetic and plastic procedures in the country will promote the healthcare services of this country. The UAE healthcare market has showcased substantial progress in terms of opening of various private and public sector hospitals in the country in the last few years. Changing lifestyles have led to various diseases such as diabetes, cardiovascular and coronary, cancer, hypertension, and various other skin related diseases which has elevated significant investment in opening of specialty centers in the country. This will strengthen the growth of healthcare market in the country in the next five years.
 
RNCOS acts as your growth partner in all your business endeavors, be it product launching, geographic expansion, sales improvement, distributor/retailer tie-ups etc. We help make your business flourish by studying the market dynamics, collating with you business and devising the right strategies.
 
To get a complimentary copy of the white paper, please visit:
http://www.rncos.com/askforwhitepaper.php?xrt=32


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