GRM 2010 GRM 2011

Abstract Details

 
AUTHOR NAME
 
Family Name:
Syed
 
First Name:
Sharmeen
 
ABSTRACT OF PAPER
 
Title of Paper:
The GCC Healthcare Industry Outlook
 
Paper Proposal Text :
According to Alpen Capital, the GCC healthcare market is projected to grow at an annual rate of 11% to USD43.9 billion by 2015 from an estimated USD25.6 billion in 2010. Outpatient and inpatient markets are expected to account for 82% and 18%, respectively, of the overall market size. Saudi Arabia is projected to be the fastest growing market along with the UAE.

The demand for number of hospital beds is expected to be 93,992 in 2015, an addition of 8,669 beds from 2010, which is in line with the expected supply looking at the number of projects in the pipeline. The number of beds remain in line with the current GCC average and below the US and European averages. The gradual improvement of healthcare infrastructure and standards in the GCC along with increasing insurance penetration should see an increase in number of patients opting for treatments locally, thus seeing an increase in demand for hospital beds.
 
 
 

WITH THE GENEROUS SUPPORT OF