Healthcare spending in UAE to hit $34bn by 2027: DHCC report

Healthcare spending in UAE to hit $34bn by 2027: DHCC report

RIYADH: Healthcare spending in the UAE is expected to reach 126 billion dirhams ($34 billion) by 2027, according to official projections.

The report, which was released by the Dubai Healthcare City Authority during the Arab Health Conference on Jan. 29, states that public sector spending in the healthcare division will account for 104 billion dirhams by 2027, representing a compound annual growth rate of 7.5 percent. 

Private sector spending will also hit 22 billion dirhams during the same period, signifying a CAGR of 8.8 percent, state news agency WAM reported.  Healthcare spending in UAE to hit $34bn by 2027: DHCC report