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A Prescription For Progress
Bloomberg Businessweek Middle East
|April 16, 2017
Healthcare in GCC (nations) is marked by a rapidly growing population, improving life expectancies, and a rising predominance of non-communicable diseases.
What makes the gulf health care markets unique and what are the benefits of having a presence in the UAE healthcare segment? Where do you think the gulf health care system is heading and what needs to be done on priority?
While all these have prompted the establishment of world-class health care infrastructure, there still remains a large capacity gap that needs to be addressed.
For the last few years, health care in UAE is undergoing a phenomenal change marked by the development of a robust health care system that is on par with international standards. The government’s relentless pursuit of world class healthcare, increasing investments, introduction of mandatory health insurance and a well-regulated healthcare system have all boosted the opportunity for the private health care in UAE.
With a high prevalence of life style disorders such as diabetes and cardiovascular complications and rising incidence of cancer, the gulf private health care system is steadily transforming from general healthcare to specialised care. Therefore, I visualise the priority agenda for private healthcare introducing highly specialised services to manage medical conditions of a higher complexity.
Which markets and regions are you eyeing for expansion? Do you have global or regional expansion in mind? Do you have any strategies of going global in place?
We are highly geared up for diversifying the portfolio and our main focus is GCC. While we will continue to expand our scope of services in UAE, the markets of Saudi Arabia, Oman, and Qatar will be our focus as these are the areas where a demand-supply gap exists. All expansion plans will be fueled by our strategy to have a delicate mix of organic growth as well as growth through acquisitions.
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