The changing healthcare landscape in the Middle East is opening up new opportunities for buyers and providers of healthcare services to enter the market and capitalize on growing spending in the region.
Join The World Medical Tourism Congress & International Travel Week, November 22-23, 2016 at the World Medical Travel Summit in Abu Dhabi for the first and largest B2B and B2G medical tourism and global healthcare development conference in the region.
Representing over half a billion USD in annual spending, our pre-qualified VIP Hosted Buyers include large-scale healthcare development/investment firms as well as senior executives from insurance companies, employers, health authorities and governmental entities referring large volumes of patients.
Healthcare expenditures in GCC countries reached nearly USD 80 billion in 2015 driven by a growing demand for improved healthcare services, an aging and wealthier population, and an increase in non-communicable diseases.
There is an estimated USD 20 billion in outbound medical tourism going to GCC countries.
To cope with overburdened healthcare systems, governments across the region are looking to new technologies, systems of care delivery and partnerships with international healthcare organizations.
The better economic situation in the GCC has led to the continuous rise in usage of healthcare services, thereby increasing the burden on the State. This has led the GCC to encourage public private partnerships in the healthcare sector.
Despite investment in recent years, demand for quality care continues to outpace supply as GCC countries continue to rank among the highest in the world on risk factors related to chronic lifestyle ailments such as diabetes, hypertension, cardiovascular conditions and obesity.
According to a recent EY report, specialized centers of excellence, home health care services, long-term and post acute care rehabilitation (LTPAC), biotechnology, medical disposables manufacturing and primary care services have been predicted as major investment opportunities in the GCC’s healthcare market over the next 10 years.
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