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United Arab Emirates Healthcare | UAE healthcare Industry

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UAE is an import driven market in context to medical devices. The imports of medical devices accounted for a lion share of ~% from the total revenue market in 2015. The market is observed to grow at a rapid pace of ~% by value from 2010 to 2015 owing to the expanding healthcare infrastructure in the country; both the government and private healthcare sector is investing heavily to provide country satisfactory healthcare solutions to the residents, expats, and medical tourists. – PowerPoint PPT presentation

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Title: United Arab Emirates Healthcare | UAE healthcare Industry


1
UAE Healthcare Market Report 2020 Ken Research
2
  • How is the Healthcare Market Positioned in UAE?
  • The healthcare market in the country has been
    immensely driven by the rising High prevalence of
    diabetes and obesity, aging population in the
    country, rising medical tourism, government
    support to build advanced healthcare
    infrastructure, mandate health insurance policy
    in Abu Dhabi Dubai, and accelerating
    self-caring attitude among the people. The
    pharmaceuticals segment has experienced a
    substantial growth in the last five years majorly
    due to increased prevalence of chronic diseases
    among the UAE residents and large number of
    medical tourists entering into the UAE for their
    treatment purpose. There are several factors
    which have led to this growth such as increased
    prevalence of obesity and diabetes, increased
    expenditure by government on healthcare
    facilities towards its strategy Medical tourism
    hub Dubai, increased per capita income of
    people in UAE, implementation of mandate health
    insurance in Dubai and Abu Dhabi.

3
  • The medical tourism in the country has increased
    at a rapid pace during the last five years, and
    is anticipated to experience high growth during
    the forecast period. The government of the UAE is
    working hard to achieve its target of medical
    tourists in Dubai in 2020 as a part of 'Dubai, a
    Global Destination for Medical Tourism' project
    launched by His Highness Shaikh Hamdan bin
    Mohammad bin Rashid Al Maktoum, Crown Prince of
    Dubai and Chairman of the Executive Council of
    Dubai. The government strategy is expected to
    achieve laurels by 2020 as the number of medical
    tourists in the nation is increasing every year.
    Year 2014 and 2015 welcomed and tourists in
    UAE respectively which is further expected to
    increase to in 2016 and in 2020, generating
    revenue of approximately USD million and USD
    million respectively.

4
  • What factors have Led to the High Imports of
    Medical Devices in the UAE?
  • UAE is an import driven market in context to
    medical devices. The imports of medical devices
    and accounted for a lion share of from the
    total revenue market in 2015 in both the
    segments. Expanding healthcare infrastructure in
    the country is the major factor which is driving
    medical devices market in the UAE . On the basis
    of applications, medical devices market is
    differentiated into diagnostic imaging products,
    medical consumables, dental products, assistive
    devices, orthopedic and implants, and others.
    Diagnostic imaging products dominated the market
    with revenue share of in 2015 owing to the
    rising number of diagnostic centers and increased
    demand for diagnostic procedures to cater rising
    incident rate of chronic diseases in the country.
    Household demand for medical devices is on rise
    in the UAE. The segment experienced the growth of
    over the span of six years. Rising
    availability of medical devices to undergo
    procedures at home, economic affordability of
    home-use devices, and pressure of work
    prohibiting individuals to visit healthcare
    centers and hospital for procedures are the major
    factors which have escalated the household
    demand.

5
  • Institutional demand however, is dominating the
    market with revenue share of in 2015. Large
    number of procedures, high demand for
    technologically advanced equipment with rapidly
    developing healthcare infrastructure in the
    country and the economic stability of the
    government to purchase innovative and expensive
    medical devices has helped the segment in gaining
    dominance in market, in terms of revenue in UAE.
    Abu Dhabi dominated the UAE Medical Devices
    market in the year 2015, with the revenue share
    of . Presence of large number of hospitals in
    the region to cater high population is the major
    factor which has led to the dominance of the
    region with respect to sales of medical devices.
    Dubai incarcerated second position with the
    revenue share of in 2015. Rising number of
    healthcare settings owing to the elevating
    medical tourism in the emirate has driven the
    market for Dubai.

6
  • What is the role of Increased Investment in
    Healthcare Sector in UAE Medical Devices Market?
  • Rising investment on healthcare infrastructure is
    the major trend which has resulted in increased
    demand for medical devices in the UAE. In 2015,
    the Ministry of Health, UAE gave licenses to
    health facilities including three hospitals, four
    day surgery centers, polyclinics, pharmacies,
    four diagnostic centers, and other healthcare
    facilities. Additionally, many healthcare
    providers are opening new avenues in the country.
    For instance, Vital Poly Clinic is opening new
    centers of skin clinic for providing solutions
    for different skin diseases ranging from acne to
    HIV related skin issues. Similarly, Medstar Day
    Surgery Center is in plans to invest around USD
    million for setting day surgery center in the
    UAE. Dubai Health Authority had also announced
    that the government agency would be establishing
    three new hospitals and health centers by 2025
    in Dubai. All these newly established centers
    would demand for medical devices. Gulf Drug LLC,
    Abu Dhabi International Medical Services, Modern
    Pharmaceutical Company, and Atlas Medical are
    major importers in the market who are working as
    exclusive partners for medical devices
    manufacturers. Gulf Drug LLC dominated the market
    with revenue share of in 2015.

7
  • Application of the device, cost of the device,
    choice of the manufacturing company, and clinical
    trial evidence are the major aspects which
    regulate the purchase decision of the customer of
    medical devices. Cost is most essential factor
    which needs to be accounted to determine before
    buying any medical devices, which includes
    careful analysis of the equipment with respect to
    technology, stability, consumables cost, cost per
    treatment, customization options, availability of
    spare parts and others. This also includes
    contemplation of device specification such as
    SNR, main magnetic field, no. of independent RF
    receiver, and others in case of MRI to have an
    idea about the effectiveness, efficiency and
    suitability of the product. Possible side effects
    of the system should also be considered while
    cost analysis to determine an effective medical
    device. The medical devices market in the UAE is
    expected to grow at a healthy pace owing in surge
    in the number of healthcare providers in the
    country. Launch of various innovative medical
    devices such as pain-less glucose monitoring by
    Atlas medical and migraine treatment device by
    Lunatus Marketing and Consulting in 2016, would
    impact the overall sales of the medical devices
    in positive manner

8
  • How Increased Chronic Diseases Prevalence Is
    Affecting Uae Pharmaceuticals Market?
  • The rising prevalence of chronic diseases among
    the fast growing population of UAE is the major
    factor which is responsible for the growth of the
    pharmaceutical products market in UAE at rapid
    rate. The total pharmaceuticals market in UAE has
    exhibited the growth rate of from 2010 to
    2015. Economic stability to undergo expensive
    treatment options has led to the increased sales
    of patented drugs in the market. Patented drugs
    dominated the UAE pharmaceuticals market with
    of the revenue share in year 2015. Generic Drugs
    on other hand experienced rapid growth of in
    previous years. Rising number of local
    manufacturers producing high quantity of generic
    drugs is one major factor which has led to
    increase in the use of generic drugs. Government
    support is also one major factor which has led to
    the increased usage of generic drugs. Prescribed
    drugs hold the major share of the UAE
    pharmaceuticals market with revenue share of
    in 2015. High prevalence of chronic diseases in
    the region, which requires prescriptions and
    cannot be treated with the help of OTC drugs, is
    the major factor which has led to the dominance.

9
  • In terms of therapeutic area, the market is
    classified into diabetes, cardiovascular, anti-
    infectives, respiratory, supplements and
    nutritional products, and others. Diabetes
    segment dominated the pharmaceuticals market with
    revenue share of in 2015. High prevalence rate
    of diabetes in the country is the major factor
    which has led to the dominance of the segment in
    the UAE. More than million people in the UAE
    were suffering from diabetes in 2015. Supplements
    and nutritional products experienced the fastest
    growth over the span of six years, 2010 2015
    and experienced CAGR of during the period.
    Growing trend of well-being and healthcare
    awareness is the major factor which has led to
    the growth.
  • How the Slashing Drug Prices in the UAE has
    Impacted Pharmaceutical Market?
  • Ministry of Health regulates the pharmaceutical
    industry in the UAE. The pharmaceutical
    profession is defined as the preparation,
    composition, separation, manufacturing,
    packaging, selling, or distribution of any
    medicine or pharmaceutical preparation for the
    prevention of illness in human beings or animals.

10
  • A medical store is an establishment within the
    UAE the business purpose of which is the import,
    storage and wholesale distribution of medicine.
    The specific laws concerned with mandate
    conditions for pharmaceutical business, laws for
    importing, obtain a medical warehouse license,
    submission of necessary documents, and final
    registration steps are highlighted by the
    Ministry of Health. The steps to open the
    pharmacy are also regulated by the Ministry of
    Health which majorly requires a preliminary
    approval for the premises and other essential
    documents to prove qualification of the owner of
    pharmacy. The UAE grants patent for inventions
    that are novel, contains an inventive step and
    has industrial application. The UAE is a member
    of the Patent Co-Operation Treaty and the Paris
    Convention. It takes three to four years to
    receive a pharmaceutical patent in the UAE. There
    are fixed patent charges and official fees, and
    annuities for twenty years which patent holder
    needs to pay for holding the patent for years.
    Slashing drug prices by UAE government is majorly
    driving the pharmaceutical market in UAE. UAE
    Ministry of Health is working continuously to
    decrease the price of pharmaceutical drugs from
    previous five years (since 2011).

11
  • This has helped almost 80 of the population of
    the UAE who spends out of their pocket at private
    pharmacies as compared to who have health
    insurance cover, as observed in 2015. Majority of
    the price reduction are observed on drugs
    specific for infections, musculoskeletal and
    joint diseases, gastrointestinal, respiratory
    diseases, diabetes and hypertension. After six
    initiatives by the government on price reduction
    of drugs, UAE has lowest drug prices in entire
    GCC region. The slashing prices of the drugs
    impacted the revenue of the pharmaceutical
    companies in a negative manner and the market
    growth declined from in 2012 to and in
    2013 and 2014 respectively. Pfizer,
    GlaxoSmithKline, Sanofi, and AstraZeneca are
    dominated the market with combined share of in
    2015.
  • How Health Insurance Has Impacted the Hospitals
    Market?
  • Hospitals market in UAE has experienced rapid
    increase in number of hospitals, number of
    inpatients and outpatients from 2010 to 2015.
    Number of hospitals recorded the growth rate of
    , however, number of inpatients and outpatients
    increased by and respectively in 2015.

12
  • Rise in number of patients has resulted in
    revenue generation at a high pace, exhibiting a
    growth rate of . Mandate health insurance for
    Dubai inhabitant regulation by DHA in 2014
    impacted the revenues of the hospitals in a
    positive manner. The insurance provided freedom
    to residents to opt for treatment and diagnostic
    procedures without any fear of cost of the
    procedure, benefiting the overall revenue of UAE
    hospitals market. Rising investments by the
    international players led to the increase in
    number of hospitals in the country and increased
    medical tourism in the country has impacted the
    increase in number of inpatients and outpatients
    in the UAE over the years. World-class facilities
    in these hospitals which are attracting patients,
    who preferred overseas medical services, high
    inpatient and outpatient cost and high
    availability of advanced diagnostic and treatment
    options in these hospitals has led to the
    dominance of the private hospitals in the UAE
    market, in terms of revenue generation.

13
  • Additionally, rising number of outpatients in
    private hospitals acted as an additional factor
    in growth of private hospitals revenue. The major
    revenue contributor among private and public
    hospitals was multispecialty hospitals with
    market share of . However, the establishment of
    single-specialty hospitals registered robust
    business from 2010 to 2015, increasing the
    revenue at a rate of in the respective years.
    Rising number of diseases among children in the
    UAE has led to the rise in number of child and
    pediatric care hospitals in the UAE, both by the
    MOH and private healthcare providers.
  • What ROLE JCI Accrediation Plays in UAE Hospitals
    Market?
  • Outpatient revenue dominated the hospitals market
    with revenue share of in 2015 owing to the
    increased number of outpatient visits owing to
    the high prevalence of infectious leases. Food
    poisoning also resulted in more number of
    outpatient visits. Inpatient revenue followed
    outpatient revenue the hospitals market, by
    revenue majorly due to high income generation
    from and long stay at the hospitals.

14
  • Couples can spend an average of AED (USD ) to
    AED (USD ) on a normal delivery of a child in
    the UAE, depending upon the type of doctors, room
    to stay, and services provided. Large number of
    hospital projects is under pipelines which are
    expected to fuel the growth in the future. The
    major among many include Thumbay Builders
    Project, Burjeel Medical City, Dubai Health
    Authority, Fakeeh Academic Medical Center, Sheikh
    Khalifa Medical City (SKMC), and Medcare
    Hospitals. Burjeel Medical City is estimated as
    the high investment project with estimated cost
    of USD Billion and Area of sq. ft. SKMC is
    other major project with area of sq. ft. and is
    expected to complete by In UAE, for the growth
    of healthcare sector, especially hospitals, JCI
    accreditation is a goal set by HAAD for all
    hospital providers in the Emirates. HAAD Health
    Regulations have been drafted in collaboration
    with international healthcare experts including
    JCI to help drive compliance and improve quality
    and cost-effectiveness across the system The
    Joint Commission International (JCI) was
    appointed by DHCC to accredit hospitals operating
    within DHCC.

15
  • This selection demonstrates the commitment by
    DHCC to provide safe and high-quality care. The
    initial investment of the hospital includes the
    procurement of the land, construction and
    interior of the hospitals, procurement of medical
    equipment, consumables and wound care essentials,
    and other expenses It has been observed that in
    the UAE the construction of the hospital with all
    essential facilities including cost around
    million per bed.
  • Which Factors are Fueling the Demand for
    Independent Diagnostic Laboratories?
  • Independent diagnostic laboratories is most
    recently established market in the UAE with
    revenue of USD million and growth rate of in
    span of six years (2010 2015). The rising self
    care attitude among people coupled with
    increasing prevalence of chronic diseases is the
    major factor which has led to growth of
    independent diagnostic laboratories. The number
    of independent diagnostic laboratories has also
    observed rapid growth with number growing from
    in 2010 to in 2015

16
  • Organized players are ruling the market with the
    market share of in 2015 and their revenues are
    further expected to increase at a rate of from
    2016 to 2020. Organized players including
    Proficiency Healthcare Diagnostics, National
    Radiology Laboratory, Al Borg Laboratories, and
    Medsol Laboratories captured major share of the
    market with revenue share of approximately
    with Proficiency Healthcare Diagnostics leading
    the market with share in 2015. Multiple
    branches in the country which provides
    comprehensive range of services is the major
    factor which has led to the growth of the
    laboratories. In terms of revenue with share of
    in 2015, pathology tests captured major share
    of independent diagnostic laboratories market.
    Less prices of kits and medical devices used for
    performing pathology tests and high demand for
    pathology tests among diabetic people in the UAE
    is the major factor which has resulted in high
    revenue from pathology tests. By 2020, the UAE
    independent laboratories segment would witness
    high growth owing to the governments strategy of
    consolidation in all the Emirates. SEHA along
    with SKMC has also made a consolidation model,
    which is expected to be regulated in the coming
    years.

17
  • What has Been the Scenario of Pharmacy Retail
    Market in the UAE?
  • Pharmacy retail market is highly competitive in
    nature with large number of organized and
    unorganized players in the market. The pharmacies
    in the UAE are either private in nature or
    administered by MOH regulatory bodies majorly
    SEHA. In highly fragmented pharmaceutical
    dispensing market of the UAE, innovative and
    creative strategies by the pharmacy retail chains
    are majorly helping them to sustain in the
    market. UAE has number of retail pharmacies in
    2015 generating USD million of the revenue.
    Dubai had the highest number of pharmacies
    followed by Abu Dubai. Dubai accounted for of
    total retail pharmacies while Abu Dhabi of the
    pharmacies. The rising medical tourism in these
    emirates coupled with increased use of expensive
    and advance medications for treatment of chronic
    diseases has led to the establishment of
    increased number of retail pharmacies. Life
    Pharmacy, Bin Sina Pharmacy, Aster Pharmacy, and
    Super Care Pharmacy are the major organized
    retail pharmacies operating in the UAE. Aster
    pharmacy has maximum number of pharmacies with
    number of stores by June, 2016.

18
  • Which Factors are Driving the Clinics/Polyclinics
    Market in the UAE?
  • Clinics/polyclinics market is highly competitive
    in nature with large number of unorganized
    players operating in the market with specific
    specialization. The clinics in the UAE are either
    private or public in nature. Public clinics and
    polyclinics are regulated either by SEHA or MOH.
    In highly fragmented clinics and polyclinics
    market of UAE, the high prevalence of dental
    disorders, low consultation fees of the clinics
    in comparison to hospitals, and escalating demand
    for IVF are the major factors which are driving
    the clinics/polyclinics market in the country.
    Clinics dominated the overall clinics/polyclinics
    market with the revenue share of in 2015. Low
    consultation fee of the clinics in comparison to
    hospitals and polyclinics attracts large number
    of patients to the clinics, generating revenue
    for the segment. Polyclinic on the other hand is
    the growing segment and has exhibited the growth
    of from 2010 to 2015.

19
  • What Is The Status Of Future Healthcare
    Telemedicine In Uae?
  • Emergence of Abu Dhabi Telemedicine Center in
    2013 marked the initiation of core telemedicine
    services in the UAE. The center has experienced a
    high growth during this period with revenue of
    USD million in 2013 and USD million in 2015,
    and the market is expected to grow at a CAGR of
    during the forecast period. Unavailability of
    appropriate healthcare facilities in rural
    regions of the country are expected to fuel the
    telemedicine market during the forecast period.
    Many UAE diagnostic centers have invested into
    teleradiology in the recent years. The market for
    teleradiology is witnessed to increase at a high
    pace of per year however target radiology
    patient is only increasing at a rate of . By
    2020, Abu Dhabi Telemedicine Center is expected
    to attract more number of patients for
    tele-health consultation and teleradiology
    services would gain high importance majorly due
    to reducing outbound medical tourism. The rich
    patients who will chose UAE for treatment other
    than overseas, would use teleradiology services
    to transfer their report to have a second opinion
    on their treatment, hence generating revenue for
    the market.

20
  • How the Home Healthcare Growth would Impact UAE
    Healthcare?
  • Aging population and high prevalence of diabetes
    leading to kidney failures and subsequently
    increase in demand for home peritoneal dialysis
    are the major factors which are expected to
    contribute in the growth of the market. Home
    healthcare market in UAE was valued at USD
    million in 2010, which exhibited a rapid growth
    of from 2010 to 2015, reaching at a value of
    USD million in 2015. Home healthcare market is
    newly established market with large number of
    unorganized players operating in the market.
    Americare Home Health Services, Manzil Healthcare
    Services, and Emirati Canadian Home Healthcare
    Services are the major among many. These home
    healthcare centers provide comprehensive services
    which majorly include physiotherapy, doctor at
    home, post-hospital discharge care, diabetes
    management, baby at home, pediatric care,
    post-operative care, senior care, wound care,
    patient therapy compliance, and international
    patient care.

21
  • Source https//www.kenresearch.com/healthcare/ge
    neral-healthcare/uae-healthcare-market-report/3750
    5-91.html
  •  
  • Contact Ken Research Ankur
    Gupta, Head Marketing Communications Ankur_at_kenre
    search.com 91-9015378249

22
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