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According to a report by the Dubai Chamber of Commerce and Industry, Dubai The UAE health care market is expected to grow from Dh11.7 billion in 2005 to Dh43.7 billion in 2015.
Dubai Health Care City’s (DHCC) presence has attracted international health care brands including Mayo Clinic and Great Ormond Street Hospital as well as leading pharmaceutical and medical technology suppliers such as Johnson and Johnson, Novartis and Novo Nordisk.
“When fully operational, the Dubai Health Care City will continue to attract a large number of patients from the Middle East because of the international institutes that have set up base there,” Dr Azad Moopen, chairman of DM Healthcare, said.
However, if Dubai is to maintain its level of health care, a report by McKinsey estimates that by 2025 the need for hospital beds will more than double to about 165,000 and treatment demand will rise 240%. This will push up health care costs five-fold to $60 billion.
A major problem faced by Dubai’s health care industry is its lack of locally-trained personnel. “Historically the GCC states have responded by recruiting foreign medical staff, mainly from the West but increasingly from the Indian subcontinent and the Philippines,” Hesham Farouk, partner at Grant Thornton, UAE, said.
While DHCC has succeeded in attracting educational institutes such as Harvard Medical School and has been able to recruit the services of internationally recognised health care brands, Dubai still suffers from a lack of local expertise.
“Dubai needs to provide more incentives for people to be locally trained to work in the country. We need to find a way to retain our medical expertise,” Dr B.R. Shetty, managing director and CEO of the New Medical Centre Hospital, told Gulf News.
By improving its medical infrastructure, Dubai is hoping to attract patients from neighbouring countries. According to Grant Thornton’s 2009 Healthcare Guide report, Arabian Gulf citizens spend an estimated Dh91.8 billion a year for treatment abroad.
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