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The Rising Life Expectancy and the Growing Demand for Healthcare Services Create Opportunities for Technology Providers
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This market insight highlights global healthcare trends and the GCC’s position in relation to these developments. It also assesses opportunities for technology providers with a focus on the penetration potential of key medical technologies. Countries under study are the United Arab Emirates, Saudi Arabia, Qatar, Bahrain, Kuwait, and Oman.Top 3 predictions:• Increased private sector participation (from providers (hospitals) to insurers) will be observed, while the government will remain a key player in the healthcare system. The sector will become more efficient, resources (medical professionals and equipment) will be utilized better, and patient turnaround time will reduce.• EHR and EMR will facilitate the healthcare value chain—diagnosis, prescription of medication, and treatment. This will help to provide detailed medical histories, leading to faster and more accurate diagnoses. Over the years, these databases will become rich sources of information on disease incidence, which will help policymakers develop more robust healthcare strategies. • Investments in medical technology, pharmaceuticals, and hospital infrastructure will increase rapidly. Remote diagnosis and treatment, particularly of chronic conditions such as diabetes, will free up resources and allow medical professionals to focus on more complex cases.
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