Dubai hospitals are ailing in saturated healthcare market 

Dubai hospitals are ailing in saturated healthcare market 

The general healthcare sector in Dubai is buckling under saturation, with weaker operators shutting down or battling financial woes, Dr Azad Moopen, the founder and chairman of Aster DM Healthcare, told AGBI. The healthcare sector in the emirate faces a challenging economic climate, marked by stubborn inflation, high interest rates and slow growth. The introduction […]

Dubai hospitals close

Operators struggle with rising costs

Aster DM sells majority stake

The general healthcare sector in Dubai is buckling under saturation, with weaker operators shutting down or battling financial woes, Dr Azad Moopen, the founder and chairman of Aster DM Healthcare, told AGBI.

The healthcare sector in the emirate faces a challenging economic climate, marked by stubborn inflation, high interest rates and slow growth.

The introduction of mandatory medical insurance policies has also squeezed profits for providers, as insurance tariffs remain stagnant and operational costs rise, including higher rents and salaries.

“We see many hospitals, clinics and pharmacies either closing down or struggling to give salaries,” he said.

“Dubai has an open-door policy, so anybody can come here. There is no difficulty in starting an establishment. [But] while entry is easy, it’s also not the best place because there’s a saturation. People shouldn’t risk coming into a geography where there