UAE Healthcare Showing Great Potential
According to our latest research report “UAE Healthcare Sector Forecast to 2012”, the UAE healthcare industry has been growing at an impressive pace in the past few years, and is expected to grow at a CAGR of over 20% during 2011-2013. This incessant growth can be attributed to numerous factors, such as supportive government initiatives, increasing investments in healthcare infrastructure, rising population, and increasing prevalence of chronic lifestyle and infectious diseases. Besides, the provisions of health insurance have helped in enhancing people’s affordability of healthcare services and products. The optimistic outlook for the growth of this industry is based on the fact that, the burden of diseases has been increasing along with rising awareness about healthcare among people. There is a high demand for hospital services in country, which can be met through the coordinated efforts of public and private sector. Moreover, the government needs to address the lack of experienced healthcare professionals in the industry.
In our report, we have prudently analyzed all the aspects of the UAE healthcare industry to understand all the major factors, which will drive the market to new heights. We have observed that the country is a major attraction for investments by many international companies in the healthcare sector. Besides, as the country is dependent on the imported drugs and medical devices, there is a pending need for domestic players to expand their manufacturing capacities. Moreover, investments for setting up hospitals and health centers will consecutively create a strong demand for medical equipment, supplies, and drugs. Additionally, the report gives an overview of the factors that may hinder the growth of healthcare industry in coming years.
Besides, our report “UAE Healthcare Sector Forecast to 2012” provides an extensive research and rational analysis along with reliable statistics of the UAE healthcare industry. 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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