Dubai planning for 13% annual growth in medical sector until 2021
Published on 21 Sep, 2016
In a region that's quickly modernizing, one of the Gulf area's primary cosmopolitan cities, Dubai, is determined to grow its health care system to the point where it offers medical tourism to the global community.
Dubai authorities are announcing that with an investment of over $272.2 million last year, they expect to welcome around 1.3 million medical tourists within the next five years.
As far as revenues, Dubai officials are looking for an increase of 13 percent every year until 2021.
Some of this optimism is supported by reports that foreigners accounted for 46 percent of business last year for Dubai's 26 hospitals.
Demographic details released by the Dubai Statistic Centre (DSC) show that visitors from Asian countries accounted for 43 percent of medical tourists last year.
These benchmarks didn't come without some concerted efforts.
A May story in Gulf News reported a 25-member partnership between Dubai medical facilities and other vendors which has been meeting since February to support agile development in the growth of Dubai's health care industry.
“We are certain that our partners are putting in all their efforts to ensure the support of this project." Humaid Al Qutami, chairman of the board and director-general of Dubai Health Authority (DHA), said in a press statement. "We appreciate all the contributions made by each partner.”
Other efforts also led to the rosy figures for Dubai’s health care future.
“UAE is rapidly gaining popularity as a medical tourism destination.” Namrata Gada, a senior manager at research firm Aranca, told the Gulf News Journal in response to questions about Dubai’s progress. “As per Business Monitor International (BMI), UAE’s risk-reward score is 62.5 as of Q2 2016, making it the most attractive market in the MENA region, followed closely by Saudi Arabia at 59.7.”
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