Three reasons why Dubai's health sector is set to boom
Knight Frank's Hub Report sees more and more opportunity for healthcare providers in the next five years
Knight Frank's Hub Report sees more and more opportunity for healthcare providers in the next five years Medical tourism: The global medical tourism index now places Dubai in 16th position internationally and first in the MENA region. In 2016, the city attracted 325,000 medical tourists, generating revenues of around AED1.4bn ($381m), and Dubai is now targeting half a million by 2020. Asia (37 percent) and other Arab states (31 percent) were the main source countries, seeking primarily orthopaedic, dermatology and ophthalmology services. Lifestyle-related medical conditions: According to Dr Gireesh, senior manager Development Consulting: Healthcare, there is an increase in the incidences of “lifestyle” diseases such as diabetes and hypertension. “Patient awareness has increased owing to increased availability of information and smart healthcare systems such as smart watches and applications… [as a result] the healthcare sector will witness a shift from reactive to proactive healthcare.” Population growth: The population growth in the UAE stands at six percent per year and, in conjunction with mandatory insurance, this equates to more people seeking healthcare services. The research found that expatriates are now staying in the UAE for longer periods than originally intended and are relocating their families to benefit from the lifestyle that Dubai offers. Hospital beds. meanwhile, rose from 1,448 in 2012 to 2,434 in 2016.