Private Investment in UAE Healthcare Likely to Increase by 9.5% Annually
- Date: 21-Sep-2020
- Source: Dubai Chronicle
- Sector:Economy
- Country:uae-top-picks
Private Investment in UAE Healthcare Likely to Increase by 9.5% Annually
In the UAE, healthcare remains one of the fastest growing sectors, evidenced by the growing number of hospitals and clinics across the country. However, the Covid-19 pandemic has had a momentous impact on all aspects of the industry. A new KPMG report titled UAE Healthcare Perspectives: Who cares, wins offers insight into the opportunities, trends and emerging growth areas.
Healthcare-related expenditure in the Gulf grew from USD 60 billion in 2013 to USD 76 billion in 2019, and is expected to grow to a further USD 89 billion by 2022, an overall increase of nearly 50% from 2013 to 2022.
Nitin Mehrotra, Partner, Infrastructure, Government and Healthcare, commented:
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