UAE Hospital Market, By Ownership (Public v/s Private), By Type (General, Specialty, Multi- Speciality), By Type of Services (In-Patient Services v/s Out-Patient Services), By Bed Capacity (Up to 100 beds, 100-500 beds, Above 500 beds), By Region, Competition Forecast & Opportunities, 2027
The UAE hospital market is projected to grow at a formidable rate during the forecast period. The market growth can be attributed to the rising investments by market players in the healthcare indus... もっと見る
SummaryThe UAE hospital market is projected to grow at a formidable rate during the forecast period. The market growth can be attributed to the rising investments by market players in the healthcare industry and supportive government policies. Besides, the growing geriatric population and the rise in the sedentary lifestyle are contributing to the market growth. The high consumption rate of tobacco and processed foods is giving rise to chronic lifestyle-induced diseases such as cardiovascular diseases, hypertension, cancer, etc. Thus, the growing adoption of poor lifestyle habits by the young population and the rising geriatric population are also creating demand for advanced healthcare infrastructure and services.The government is working to diversify the economy and pursue alternative revenue-generating options to reduce the country's reliance on the oil and gas sector. The government is encouraging private sector participation to increase funding for the healthcare sector in light of the swings in crude oil prices. Moreover, a rise in the number of health-conscious citizens in the nation is boosting the need for preventive care services, which is anticipated to support the building of more hospitals to accommodate the expanding needs of patients across the country. To provide the nation with a new source of money, the government is encouraging the growth of the medical tourism industry and building top-notch hospitals and clinics that draw tourists from across the world. Abu Dhabi and Dubai will be among the top 10 medical tourism destinations in the world in 2021, according to the Medical Tourism Index. The Medical Tourism Association (MTA) and the Department of Culture and Tourism - Abu Dhabi signed a memorandum in October 2018 that calls for the opening of the MTA's first office there as well as the hosting of the World Medical Tourism Congress and the Global Healthcare Congress in Abu Dhabi the following year. Additionally, the government plans to advertise Abu Dhabi as a medical tourism destination in the GCC, China, and Russia. The UAE Hospital market is segmented on the basis of ownership, type, type of services, bed capacity, regional distribution, and company. Based on product type, the market is divided into general beds, bariatric beds, pressure relief beds, birthing beds, and others. The general beds segment is anticipated to hold the largest share in the market during the forecast period, owing to the rising investments in healthcare services and increasing patient burden due to growing chronic disorders. Major players operating in the UAE hospital market are NMC Healthcare, University Hospital Sharjah, Thumbay University Hospital, Rashid Hospital, Hatta Hospital, Dubai Hospital, Latifah Hospital (Al Wasl Hospital), Jebel Ali Hospital, American Hospital Dubai, and Emirates International Hospital, among others. Years considered for this report: Historical Years: 2017-2020 Base Year: 2021 Estimated Year: 2022 Forecast Period: 2023–2027 Objective of the Study: • To analyze the historical growth in the market size of the UAE hospital from 2017 to 2021. • To estimate and forecast the market size of UAE hospital market from 2023 to 2027 and growth rate until 2027. • To classify and forecast the UAE hospital market based on ownership, type, type of service, bed capacity, region, and company. • To identify the dominant region or segment in the UAE hospital market. • To identify drivers and challenges for the UAE hospital market. • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the UAE hospital market. • To identify and analyze the profiles of leading players operating in the UAE hospital market. • To identify key sustainable strategies adopted by market players in UAE hospital market. TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers and sevice providers across the country. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers and service providers who could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, service providers, distribution channels and presence of all major players across the country. TechSci Research calculated the market size of the UAE hospital market using a top-down approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these products and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research. Key Target Audience: • Market research and consulting firms • Government bodies such as regulating authorities and policy makers • Organizations, forums, and alliances The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as product manufacturers, service providers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities. Report Scope: In this report, UAE hospital market has been segmented into following categories, in addition to the industry trends which have also been detailed below: • UAE Hospital Market, By Ownership: o Public o Private • UAE Hospital Market, By Type: o General o Specialty o Multi- Speciality • UAE Hospital Market, By Type of Services: o In-Patient Services o Out-Patient Services • UAE Hospital Market, By Bed Capacity: o Up to 100 beds o 100-500 beds o Above 500 beds • UAE Hospital Market, By Region: o Dubai o Abu Dhabi o Sharjah o Rest of UAE Competitive Landscape Company Profiles: Detailed analysis of the major companies present in UAE hospital market. Available Customizations: With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report: Company Information • Detailed analysis and profiling of additional market players (up to five). Table of Contents1. Product Overview2. Research Methodology 3. Impact of COVID-19 on UAE Hospital Market 4. Voice of Customer 5. Executive Summary 6. UAE Hospital Market Outlook 6.1. Market Size & Forecast 6.1.1. By Value 6.2. Market Share & Forecast 6.2.1. By Ownership (Public v/s Private) 6.2.2. By Type (General, Specialty, Multi- Speciality) 6.2.3. By Type of Services (In-Patient Services v/s Out-Patient Services) 6.2.4. By Bed Capacity (Up to 100 beds, 100-500 beds, Above 500 beds) 6.2.5. By Company (2021) 6.2.6. By Region 6.3. Product Market Map 7. UAE Public Hospital Market Outlook 7.1. Market Size & Forecast 7.1.1. By Value 7.2. Market Share & Forecast 7.2.1. By Type 7.2.2. By Type of Services 7.2.3. By Bed Capacity 8. UAE Private Hospital Market Outlook 8.1. Market Size & Forecast 8.1.1. By Value 8.2. Market Share & Forecast 8.2.1. By Type 8.2.2. By Type of Services 8.2.3. By Bed Capacity 9. Market Dynamics 9.1. Drivers 9.2. Challenges 10. Market Trends & Developments 11. Policy & Regulatory Landscape 12. UAE Economic Profile 13. Competitive Landscape 13.1. NMC Healthcare 13.2. University Hospital Sharjah 13.3. Thumbay University Hospital 13.4. Rashid Hospital 13.5. Hatta Hospital 13.6. Dubai Hospital 13.7. Latifah Hospital (Al Wasl Hospital) 13.8. Jebel Ali Hospital 13.9. American Hospital Dubai 13.10. Emirates International Hospital 14. Strategic Recommendations
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