How COVID-19 Ravishes Healthcare Sector in UAE
- Date: 28-Sep-2020
- Source: Al Bawaba
- Sector:Healthcare
- Country:UAE
How COVID-19 Ravishes Healthcare Sector in UAE
The UAE's healthcare industry remains one of its 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, paving the way for increased expenditure to meet high consumer demand.
Healthcare-related expenditure in the Gulf grew from $60 billion in 2013 to $76 billion in 2019, and is expected to grow to a further $89 billion by 2022, an overall increase of nearly 50 per cent from 2013 to 2022, according to a new KPMG report that offers insight into opportunities, trends and emerging growth areas.
Dr Azad Moopen, founder chairman and managing director of Aster DM Healthcare, said: "With the UAE's vision of a digital-first economy, we expect the healthcare sector in the
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