Dubai’s healthcare sector is set for expansion in the years ahead. Revenue generated within the overall UAE healthcare space is forecast to grow at a 7.5% year-on-year to reach $10.7 billion by 2025, according to the Dubai Chamber of Commerce and Industry. In the meantime, healthcare spending is projected to rise to 4.6% of GDP by 2026 and 5.1% by 2029.
In lieu of the same, International Modern Hospital stated that the facility expects an xxx percent increase in elective surgeries and medical tourists visiting the facility this year.
With rising initiatives by the government, the UAE Healthcare market is witnessing astonishing growth. Also, the UAE government is extensively expanding and upgrading its healthcare system to develop a strong world-class healthcare infrastructure. The government is also encouraging private sector participation to upgrade the existing infrastructure and match the quality of services offered in developed countries.
“The healthcare industry in the region has evolved constantly. From new innovations to progressive tech, the industry has adapted the best of the world to offer specialised treatments and service excellence to patients. Considering the support the healthcare facilities received in the UAE from the government, the industry is poised for better growth in the next few years,” said Mr. Harish Agrawal, Senior Finance Director of International Modern Hospital.
The healthcare sector in Dubai is one of the most rapidly expanding in the Middle East. In recent decades, there have been strategic investments in both the public and private sectors, as well as in public-private partnerships.
