GCC healthcare market to grow to USD144bn by 2020


(MENAFN) The GCC nations face huge demand in medical sector, which will spur fast increase in the healthcare sector.

Accordingly, the regional healthcare market will increase to USD144bn by 2020, while it reached USD81.1bn in 2011.

Moreover, the private sector is a key participant in the expansion, while by 2020 the private sector will account for 50 percent of healthcare compared to 33pct in 2011.

Recently, Saudi Arabia has 2.1 beds per 1.000 people, whereas UAE has 1.1 and Egypt 0.5, which indicates the huge demand for capacity building.

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