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Fri 25 Mar 2016 10:13 AM

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Healthcare boom said to propel UAE jobs market in February

Jobs firm Monster says demand for healthcare professionals in the UAE rises by 66% so far this year

Healthcare boom said to propel UAE jobs market in February

The UAE remains one of the best performing GCC markets in terms of employment opportunities, according to the latest Monster Employment Index, with strong job demand coming from the healthcare, education and IT & telecom industries.

UAE and Kuwait are the only GCC countries not witnessing a decline in job demand in February, with a respective growth of 45 percent and 21 percent in the year to date.

The healthcare sector in particular has seen a surge in demand, Monster said in a statement.

"E-demand for jobs in the healthcare industry has increased 76 percent year to date, while demand for healthcare professionals in the UAE has also exhibited impressive growth of 66 percent year to date. As the region continues to look for better talent in this industry, professionals with the right mix of expertise and skills are highly sought-after," said Sanjay Modi, managing director, Monster.com (India, Middle East, South East Asia and Hong Kong).

According to Alpen Capital, the UAE healthcare market is projected to reach $19.5 billion by 2020, achieving an annual average growth of 12.7 percent, marginally higher than the GCC growth average.

 

Modi added: "Dubai Healthcare Authority (DHA) has in recent years been promoting the emirate as a medical tourism hub, and I expect more investment in this industry to further stimulate the job market."

 In 2015, 150,000 medical tourists used 1,400 of the emirate's 2,900 healthcare facilities, coming from with the UAE, the GCC, Asia and Europe. The DHA expects this statistic to increase to 170,000 medical tourists in 2016, with revenues of about $300 million.

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