- September 9, 2019
- Posted by: Waqas Siddiqui
- Category: Healthcare, Hospitality & Tourism
Dubai Medical Tourism on Rise – DHA
Dubai’s healthcare industry has emerged as one of the most critical sectors in recent times. The government initiatives to promote the healthcare industry has significantly improved the medical tourists visiting the Emirates and has in turn contributed by boosting tourism as well the economy.
A report published by Dubai Health Authority (DHA) suggested that the Emirate attracted 337,000 international medical tourists by the end of 2018 and they are expected to reach 500,000 by 2021. The authorities also estimated that the revenue generated from medical tourism reached Dh 12 billion (USD 3.3 billion) by the end of 2018 with a growth rate of 5.5 per cent compared to the previous year.
Dubai Medical Tourism – Performance
Majority of the international medical tourists that visit Dubai are from Gulf and Middle Eastern countries estimated to be approximately one-third of the total medical tourists. Followed by the Gulf and Middle Eastern countries, medical tourists from Asian countries such as India, Pakistan and Iran comprises of nearly 30 per cent of the medical tourists.
The Dubai Health Authority published that more than Dh 1.2 billion (USD 330 million) of the total medical tourism value were generated from three major segments; i) dentistry, ii) orthopaedics and iii) dermatology. Dentistry was the most popular among the medical tourists, with more than 46 per cent of them visiting Dubai for dental treatments. The orthopaedics were around 18 per cent while 10 per cent was for dermatology. Other medical treatments such as wellness, aesthetics and fertility treatments are also popular international medical tourists.
Investment Opportunities – Dubai Medical Tourism
The Dubai government is actively involving the private sector to improve the performance of the healthcare industry. Public-private partnerships are being promoted, mandatory insurance coverage rolled out and private players being encouraged to set up facilities. The sector is also undergoing a structural shift as a younger, the more health-conscious population is seeking preventive care rather than curative care. With government backing investors in the Dubai healthcare industry and the growing medical tourists, it provides an ideal platform for investment.
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