GCC Healthcare Industry Overview
Description
The GCC healthcare industry has witnessed a massive spurt in healthcare spend, expected to push the market to an estimated US$ 44 billion by 2015 and further to an estimated US$ 60 billion by 2025 from its current estimated size of US$ 28.9 billion in 2011, driven by a transformation in the basic nature of healthcare demand from within these countries.
While markets across the globe and the Gulf were witnessing steep falls owing to the global economic slowdown, the Gulf Cooperation Council (GCC) member states namely, UAE, Saudi Arabia, Qatar, Bahrain and Oman, witnessed a shift in the profile of the healthcare market, from having tackled and overpowered communicable diseases and those prevented by vaccination to diseases arising from a sedentary lifestyle arising from the growth of the young, affluent population of the region. Diseases such as diabetes, cardiovascular problems and obesity rang alarm bells in the Gulf and the region realized that it had to quickly equip itself with specialist facilities and meet the sudden burgeoning need for healthcare arising from within the region. GCC suddenly shot into the spotlight as one of the leading nations for prevalence of diabetes, obesity and rising cardiovascular ailments.
Another significant trend that emerged in this market scenario was the vast potential as a large section of the population were going abroad to avail of medical treatment when not satisfied with the quality of healthcare provided by the predominantly government financed healthcare systems in the GCC countries.
Ventures Middle East with its specialized team of market intelligence and up to date GCC and MENA projects database and had come out with an in depth insight into the opportunities and challenges posed by this growing GCC Healthcare Industry in 2012 in addition to providing updated vital statistics on demographics and the key parameters impacting the healthcare market across the GCC countries for 2012.
Valuable hospital construction contract awards, healthcare market size estimates and forecasts into the healthcare market backed by a close look at the comparative demographic and healthcare statistics on the total number of hospital beds, physicians and nurses are also analysed in detail to better understand the trend in the booming healthcare sector and the increased focus of the governments to improve and upgrade this sector to bring it on par with international standards and thus make GCC a destination for valuable medical tourism.
A precise competitive overview of the GCC healthcare market wraps up the comparative picture of the GCC healthcare market, with a Ventures opinion on the future outlook of the industry that is both complex and growing and helps investors get a bird’s eye view of the region and its burgeoning healthcare market.
The GCC healthcare industry has witnessed a massive spurt in healthcare spend, expected to push the market to an estimated US$ 44 billion by 2015 and further to an estimated US$ 60 billion by 2025 from its current estimated size of US$ 28.9 billion in 2011, driven by a transformation in the basic nature of healthcare demand from within these countries.
While markets across the globe and the Gulf were witnessing steep falls owing to the global economic slowdown, the Gulf Cooperation Council (GCC) member states namely, UAE, Saudi Arabia, Qatar, Bahrain and Oman, witnessed a shift in the profile of the healthcare market, from having tackled and overpowered communicable diseases and those prevented by vaccination to diseases arising from a sedentary lifestyle arising from the growth of the young, affluent population of the region. Diseases such as diabetes, cardiovascular problems and obesity rang alarm bells in the Gulf and the region realized that it had to quickly equip itself with specialist facilities and meet the sudden burgeoning need for healthcare arising from within the region. GCC suddenly shot into the spotlight as one of the leading nations for prevalence of diabetes, obesity and rising cardiovascular ailments.
Another significant trend that emerged in this market scenario was the vast potential as a large section of the population were going abroad to avail of medical treatment when not satisfied with the quality of healthcare provided by the predominantly government financed healthcare systems in the GCC countries.
Ventures Middle East with its specialized team of market intelligence and up to date GCC and MENA projects database and had come out with an in depth insight into the opportunities and challenges posed by this growing GCC Healthcare Industry in 2012 in addition to providing updated vital statistics on demographics and the key parameters impacting the healthcare market across the GCC countries for 2012.
Valuable hospital construction contract awards, healthcare market size estimates and forecasts into the healthcare market backed by a close look at the comparative demographic and healthcare statistics on the total number of hospital beds, physicians and nurses are also analysed in detail to better understand the trend in the booming healthcare sector and the increased focus of the governments to improve and upgrade this sector to bring it on par with international standards and thus make GCC a destination for valuable medical tourism.
A precise competitive overview of the GCC healthcare market wraps up the comparative picture of the GCC healthcare market, with a Ventures opinion on the future outlook of the industry that is both complex and growing and helps investors get a bird’s eye view of the region and its burgeoning healthcare market.
CHAPTER 1. EXECUTIVE SUMMARY
CHAPTER 2. OVERVIEW OF THE GCC HEALTHCARE INDUSTRY
Current State of the GCC Healthcare Market
Lifestyle Diseases Replace Communicable to Spur Healthcare Market
Existing Healthcare Market Not Equipped to Handle Transforming Demand
Organization of Healthcare Systems in GCC Countries
Healthcare Infrastructure in the GCC region
Private Sector in Healthcare in the GCC
Insurance Penetration across the GCC Countries
Factors Influencing the GCC Healthcare Market-Market Drivers and Restraints
Market Growth Drivers
Market Growth Restraints
CHAPTER 3. OVERVIEW OF INDIVIDUAL HEALTHCARE MARKETS IN THE GCC BY COUNTRY
Healthcare Industry in the UAE
Top Healthcare Projects in the UAE
Healthcare industry in the Kingdom of Saudi Arabia
Top Healthcare Projects in Saudi Arabia
Healthcare Industry in Oman
Top Healthcare Projects in the Sultanate of Oman
Healthcare industry in Bahrain
Private Sector in Healthcare
Top Healthcare Projects in Bahrain
Healthcare industry in Qatar
Top Healthcare Projects in Qatar
Healthcare Industry in Kuwait
Top Healthcare Projects in Kuwait
CHAPTER 3. GCC HEALTHCARE MARKET SIZE AND FORECASTS
Construction Projects Awarded For Hospital Construction in GCC (2010 -2013)
Top Hospital Projects Completed in the GCC
CHAPTER 4. COMPETITIVE OVERVIEW AND FUTURE OUTLOOK FOR THE GCC HEALTHCARE INDUSTRY
METHODOLOGY
CODE OF ETHICS
VENTURES ONSITE MENA PROJECTS DATABASE
LIST OF TABLES
Table 1: Composition of GCC Population and Healthcare Expenditure, 2009
Table 2: Top Ongoing Healthcare Projects in the UAE (US$ Million), March 2012
Table 3: Top Ongoing Healthcare Projects in the Kingdom of Saudi Arabia (US$ Million), March 2012
Table 4: Top Ongoing Healthcare Projects in Oman (US$ Million), March 2012
Table 5: Top Ongoing Healthcare Projects in Bahrain (US$ Million), March 2012
Table 6: Top Ongoing Healthcare Projects in Qatar (US$ Million), March 2012
Table 7: Top Ongoing Healthcare Projects in Kuwait (US$ Million), March 2012
Table 8: Top GCC Healthcare Projects Completed in 2011 (US$ Million)
CHAPTER 2. OVERVIEW OF THE GCC HEALTHCARE INDUSTRY
Current State of the GCC Healthcare Market
Lifestyle Diseases Replace Communicable to Spur Healthcare Market
Existing Healthcare Market Not Equipped to Handle Transforming Demand
Organization of Healthcare Systems in GCC Countries
Healthcare Infrastructure in the GCC region
Private Sector in Healthcare in the GCC
Insurance Penetration across the GCC Countries
Factors Influencing the GCC Healthcare Market-Market Drivers and Restraints
Market Growth Drivers
Market Growth Restraints
CHAPTER 3. OVERVIEW OF INDIVIDUAL HEALTHCARE MARKETS IN THE GCC BY COUNTRY
Healthcare Industry in the UAE
Top Healthcare Projects in the UAE
Healthcare industry in the Kingdom of Saudi Arabia
Top Healthcare Projects in Saudi Arabia
Healthcare Industry in Oman
Top Healthcare Projects in the Sultanate of Oman
Healthcare industry in Bahrain
Private Sector in Healthcare
Top Healthcare Projects in Bahrain
Healthcare industry in Qatar
Top Healthcare Projects in Qatar
Healthcare Industry in Kuwait
Top Healthcare Projects in Kuwait
CHAPTER 3. GCC HEALTHCARE MARKET SIZE AND FORECASTS
Construction Projects Awarded For Hospital Construction in GCC (2010 -2013)
Top Hospital Projects Completed in the GCC
CHAPTER 4. COMPETITIVE OVERVIEW AND FUTURE OUTLOOK FOR THE GCC HEALTHCARE INDUSTRY
METHODOLOGY
CODE OF ETHICS
VENTURES ONSITE MENA PROJECTS DATABASE
LIST OF TABLES
Table 1: Composition of GCC Population and Healthcare Expenditure, 2009
Table 2: Top Ongoing Healthcare Projects in the UAE (US$ Million), March 2012
Table 3: Top Ongoing Healthcare Projects in the Kingdom of Saudi Arabia (US$ Million), March 2012
Table 4: Top Ongoing Healthcare Projects in Oman (US$ Million), March 2012
Table 5: Top Ongoing Healthcare Projects in Bahrain (US$ Million), March 2012
Table 6: Top Ongoing Healthcare Projects in Qatar (US$ Million), March 2012
Table 7: Top Ongoing Healthcare Projects in Kuwait (US$ Million), March 2012
Table 8: Top GCC Healthcare Projects Completed in 2011 (US$ Million)
LIST OF FIGURES
Figure 1: Density of Healthcare Personnel per 10,000 Population by Country in the GCC, 2000-2009
Figure 2: Hospital Beds per ten thousand Populations by Country in the GCC, 2009
Figure 3: Hospitals per ten thousand Populations by Country in the GCC, 2009
Figure 4: GCC Population Growth Rate by Country (%), (2010 Estimates)
Figure 5: GCC Demographic Composition of the Population by Country, 2010
Figure 6: GCC Births and Deaths per Thousand of Population, 2010 Estimates
Figure 7: GCC Healthcare Budget by Country as Percentage of GDPs, 2008
Figure 8: GCC Private Participation in Healthcare Spend as Percentage of GDP, 2009
Figure 9: UAE Healthcare Market (US$ Billion), 2011 (E)
Figure 10: Kingdom of Saudi Arabia Healthcare Market (US$ Billion), 2011 (E)
Figure 11: Oman Healthcare Market (US$ Billion), 2011 (E)
Figure 12: Bahrain Healthcare Market (US$ Billion), 2011 (E)
Figure 13: Qatar Healthcare Market (US$ Billion), 2011 (E)
Figure 14: Kuwait Healthcare Market (US$ Billion), 2011 (E)
Figure 15: GCC Healthcare Construction Contract Awards (US$ Million), 2010-2013
Figure 16: GCC Healthcare Construction Contract Awards (US$ Million) and Shares by Country, 2011
Figure 17: Competitive Overview of the GCC Healthcare Industry, 2011
Figure 1: Density of Healthcare Personnel per 10,000 Population by Country in the GCC, 2000-2009
Figure 2: Hospital Beds per ten thousand Populations by Country in the GCC, 2009
Figure 3: Hospitals per ten thousand Populations by Country in the GCC, 2009
Figure 4: GCC Population Growth Rate by Country (%), (2010 Estimates)
Figure 5: GCC Demographic Composition of the Population by Country, 2010
Figure 6: GCC Births and Deaths per Thousand of Population, 2010 Estimates
Figure 7: GCC Healthcare Budget by Country as Percentage of GDPs, 2008
Figure 8: GCC Private Participation in Healthcare Spend as Percentage of GDP, 2009
Figure 9: UAE Healthcare Market (US$ Billion), 2011 (E)
Figure 10: Kingdom of Saudi Arabia Healthcare Market (US$ Billion), 2011 (E)
Figure 11: Oman Healthcare Market (US$ Billion), 2011 (E)
Figure 12: Bahrain Healthcare Market (US$ Billion), 2011 (E)
Figure 13: Qatar Healthcare Market (US$ Billion), 2011 (E)
Figure 14: Kuwait Healthcare Market (US$ Billion), 2011 (E)
Figure 15: GCC Healthcare Construction Contract Awards (US$ Million), 2010-2013
Figure 16: GCC Healthcare Construction Contract Awards (US$ Million) and Shares by Country, 2011
Figure 17: Competitive Overview of the GCC Healthcare Industry, 2011
