Press Release

UAE Hospital Market to grow with a CAGR of 6.87%.

Increasing healthcare infrastructure and a supportive regulatory environment are the major drivers for the UAE Hospital Market.

According to TechSci Research report, “UAE Hospital Market Industry Size, Share, Trends, Competition, Opportunity and Forecast, 2018-2028”, UAE Hospital Market has valued at USD 48.63 billion in 2022 and is anticipated to witness an impressive growth in the forecast period with a CAGR of 6.87% through 2028. This can be due to collaborations and partnerships among leading companies with a diverse approach to merge the expertise of individual companies and to strengthen their position.

A focus on preventive healthcare is a significant driver of the demand for hospital services. Preventive healthcare emphasizes measures taken to prevent the onset or progression of diseases and conditions, and it often involves routine screenings, vaccinations, lifestyle modifications, and early interventions. Preventive healthcare encourages individuals to undergo regular check-ups and health screenings. Hospitals play a crucial role in providing these services, offering a comprehensive assessment of an individual's health and identifying potential risks or early signs of diseases. Hospitals are key providers of vaccination services, administering vaccines to prevent infectious diseases. Public health campaigns promoting vaccinations contribute to increased demand for hospital services, especially during vaccination drives.

Hospitals often organize wellness programs and health promotion initiatives to educate the public about healthy lifestyle choices. These programs may include fitness classes, nutritional counseling, and stress management sessions, driving individuals to seek hospital-based preventive services. Preventive healthcare involves managing risk factors for chronic diseases, such as diabetes, hypertension, and heart disease. Hospitals provide services for risk factor assessment, lifestyle counseling, and personalized plans to prevent or manage chronic conditions.


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In June 2022, once again, healthcare systems are embracing technological models to extend the reach of care delivery. In the United Arab Emirates (UAE), healthcare experts are incorporating virtual reality (VR) and augmented reality (AR) into the healthcare landscape. The Thumbay Group is gearing up to launch the world's first metaverse hospital in the UAE this October, aiming to further dissolve the boundaries of healthcare accessibility globally. This innovative approach enables patients to engage in immersive remote consultations with healthcare providers through their avatars, all from the comfort of their homes. This not only addresses the challenges of long waits and geographical barriers but also allows patients to interact with their doctors in a virtual hospital setting during consultations.

Health insurance and billing issues have been recognized as challenges in the UAE Hospital Market. The complexities involved in health insurance processes, including claim submissions, approvals, and reimbursements, can pose challenges for hospitals. Navigating through various insurance policies and requirements may result in delays and administrative burdens. The variability in insurance coverage among different plans and providers can lead to discrepancies in billing and reimbursement. Hospitals must manage a diverse range of insurance policies, each with its own set of terms, conditions, and coverage limitations. Delays in the reimbursement process from health insurance providers can impact the cash flow of hospitals. Timely and accurate reimbursement is crucial for sustaining operations and maintaining financial stability. Claims, denials and disputes with insurance providers are common challenges. Hospitals may face difficulties in obtaining approvals for certain procedures, and denied claims can result in financial losses for both healthcare providers and patients.

UAE Hospital Market is segmented based on Ownership, Type of Services, Type, Bed Capacity, and by region.  

Based on the Type, UAE Hospital Market is segmented into General, Specialty, Multi-Specialty. A specialty hospital is a medical facility that focuses on providing specialized healthcare services and expertise in specific medical areas or fields. Unlike general hospitals that offer a broad range of medical services and treat various medical conditions, specialty hospitals are designed to cater to the needs of patients requiring specialized care in a particular discipline or medical specialty. Specialty hospitals are dedicated to a specific medical specialty or field. Examples of specialty hospitals include those specializing in cardiology, orthopedics, oncology, neurology, women's health, pediatrics, and various surgical specialties. These hospitals typically attract patients who have specific medical conditions related to the hospital's area of specialization. Patients seeking advanced or highly specialized treatments in a particular medical discipline may choose specialty hospitals for their expertise.

Based on Region, Abu Dhabi region held the largest share in the UAE Hospital Market. Abu Dhabi has implemented comprehensive health insurance coverage for its residents, ensuring that a significant portion of the population has access to healthcare services. This facilitates increased utilization of healthcare facilities in the region. The Abu Dhabi government has shown a commitment to promoting preventive healthcare measures. Initiatives such as health awareness campaigns and screening programs contribute to the overall health of the population and reduce the burden on the healthcare system. Abu Dhabi has implemented robust regulations and standards in the healthcare sector, ensuring the delivery of high-quality and safe healthcare services. Compliance with these standards is crucial for healthcare providers operating in the region. The population of Abu Dhabi has been growing steadily, with a diverse demographic. This growth and diversity contribute to increased demand for healthcare services, prompting the continuous expansion and development of healthcare infrastructure.

Some of the major companies operating in the UAE Hospital Market include:

  • NMC Healthcare
  • University Hospital Sharjah
  • Thumbay University Hospital
  • Rashid Hospital
  • Hatta Hospital
  • Dubai Hospital
  • Latifah Hospital (Al Was! Hospital)
  • Jebel Ali Hospital
  • American Hospital Dubai
  • Emirates International Hospital

 

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“Certain areas, particularly in Dubai, are projected to exert significant demand for Hospital. The growth in the competitive landscape and the presence of well-established companies in the market, committed to enhance the overall wellbeing of people each year, are expected to contribute to a remarkable growth of the UAE Hospital Market in the forecast period," said Mr. Karan Chechi, Research Director with TechSci Research, a research-based Global management consulting firm.

UAE Hospital Market by Ownership (Public, Private), By Type (General, Specialty, Multi-Specialty), By Type of Services (In-Patient Services, Out-Patient Services), By Bed Capacity (Up to 100 beds, 100-500 beds, above 500 beds), By Region, By Competition Forecast & Opportunities, 2018-2028F has evaluated the future growth potential of UAE Hospital Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide innovative market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in UAE Hospital Market.


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