According to our latest research report, “UAE Healthcare Sector Forecast to 2012”, the UAE pharmaceutical industry is expected to continue on its tremendous growth path due to the increasing support of the government. Amongst many of the supportive regulations, liberal trade policies and encouragement for private investments are the most important ones. Additionally, the rapidly escalating population and rising health consciousness of the people has been driving the strong growth of the pharmaceutical industry for the past few years.
Through extensive research and prudent analysis of the UAE pharmaceutical industry, we have identified the most important factors driving the pharma market in the UAE. We have also observed that the country offers immense scope for private players and foreign investments as the domestic industry is unable to cope up with the high drug demand. Backing on this aspect, the industry is expected to grow at a CAGR of around 17% during the period 2010-2013. Rising burden of diseases in the country has also been a major driver for the pharma industry and will help in boosting its stature in future as well.
Our report also includes an in-depth analysis of the UAE healthcare industry to provide a better understanding of the focus areas in near future. The trends depict that the country is facing severe shortage of doctors and other healthcare professionals. Moreover, the investments taking place towards setting up of hospitals and health care centers will create a heavy demand for advanced technology in medical equipment and devices.
Besides, our report “UAE Healthcare Sector Forecast to 2012” provides a comprehensive outlook of the healthcare industry and its all supportive verticals through extensive research and rational analysis of reliable statistics. It covers major industries and segment-wise break up to give strategic insight into the market. The report has thoroughly examined current market trends; industrial developments and competitive landscape to enable clients understand the market structure and its progress in coming years.
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Article By: Shushmul Maheshwari