Healthcare Industry Jonathan May 3, 2023

Healthcare Industry

Demand for healthcare services in the region is soaring, unlocking immense investment opportunities. With the population on the rise, the healthcare market in the MENA Region is set to grow strongly in the coming years, adding new hospitals, clinics and health research centers as well as digital health services. Demand for healthcare services in the MENA region has increased rapidly in recent years fueled besides the steady population boom by a high prevalence of chronic and non-communicable diseases and introduction of mandatory healthcare coverage and health insurance schemes. As a result, the MENA healthcare market is projected to grow at a compound annual growth rate (CAGR) of 11.7 percent to U.S.$243.6 billion in 2023 from U.S.$185.5 billion in 2019, a report by Fitch Solutions forecast.
In the six Gulf Cooperation Council countries – Saudi Arabia, the UAE, Kuwait, Qatar, Oman and Bahrain – the healthcare sector saw a major expansion due to significant investments over the past couple of years; with a massive pipeline of an estimated 161 healthcare projects across the GCC with a combined value of U.S.$53.2 billion, the scale of the region’s healthcare services is going to expand even further. That brings a lot of business opportunities not only for architectural consultancies but also for a range of suppliers specializing in healthcare projects, especially hospitals and clinics.

We are working with healthcare players to develop and execute growth strategies in MENA Region that will help them achieve full potential. We help our clients identify strategic options that strengthen their foundation, evaluate their options and implement their chosen path.

Field of Action:

  • Hospital and clinics large suppliers with 95 % of the products made in Italy
  • Orthopedic devices
  • Anaesthesia devices
  • Disposable
  • Equipments for operating rooms
  • Aestetic devices
  • Pharmaceuticals