Showing posts with label Doha Medicine Sales. Show all posts
Showing posts with label Doha Medicine Sales. Show all posts

Tuesday, April 18, 2017

Rising Obesity and High Prevalence of Diabetes is leading to higher Spend on Healthcare Devices, Pharmaceuticals and Service Providers in Qatar: Ken Research

  • More than 240,000 people in Qatar were known to suffer from diabetes as of 2016. This amounted to more than 20% of the people aged between 20 to 79 years. Moreover, about 44.0% of adult men and 55.0% of adult women were classified as obese or overweight.
  • Medical devices and pharmaceuticals market is almost entirely import driven and is highly dependent on international manufacturers such as Roche, Abbott, Biomeriux, Becton Dickinson, Beckman Coulter, Merck, Sanofi, GSK, Novartis and others.
  • Hamad Medical Corporation (HMC) is the largest hospital network in the country. In terms of revenues, private hospital sector generated most of the revenues and comprised of players including Al Ahli Hospital, American Hospital, Aspetar Hospital, Doha Clinic Hospital and Al Emadi Hospital.
Pharmacy retail sector has observed magnificent growth in the last few years owing to elevating demand for pharmaceutical goods, and home use devices. Stand-alone pharmacies accounted for maximum market share in 2016 in terms of revenue, as compared to hospital based pharmacies. Leading stand-alone pharmacy chains included Kulud Pharmacies (IMC), Wellcare Pharmacies and Qatar Pharmacy EST amongst others.



Qatar being a geographically small country with low population advocates the fact that telemedicine centers are not a necessity for the country though yet it is useful for medical second opinion. Telemedicine system for real time evaluation of stroke patients was introduced at Al Khor Hospital in October 2016 to aid patient’s chances of full recovery. Currently, there isn’t any telemedicine center in the country and the technology is used in hospital for stroke management of emergency patients.
In mid-long term, more such public hospital and clinics or health centers are likely to be equipped with telemedicine services to enable faster healthcare services and consultation from hospitals with specialized team of doctors as per the report, Qatar Healthcare Market to 2021 - High Prevalence of Diabetes and Rising Healthcare Infrastructure to Foster Future Growth by Ken Research.
“In order to penetrate into the growing healthcare market of Qatar, medical devices and pharmaceutical products manufacturers could plan to establish their manufacturing units in the country. The country currently imports over 98% of its demands and a manufacturing unit would enable uninterrupted supply of medical devices andFuture Healthcare Dubai,Biomeriux Sales Qatar,Hospital Beds Qatar,Tele radiology Qatar,OTC Drugs Market Revenue,Home Healthcare Market Qatar,Prescribed Drugs Market Qatar,Growth Industry Qatar Hospital and
pharmaceutical products ,at a cheaper price. Moreover, awareness about the company and customer loyalty would also increase the demand for products”, according to Research Analyst, Ken Research.
The report provided information on Diagnostic Imaging Products, Medical Consumables, Dental Products, Assistive Devices, Orthopedic and Implants, Generic Drugs, Patented Drugs, OTC Drugs segment including major companies such as Roche, Abbott, Biomeriux, Becton Dickinson, Beckman Coulter, Merck (MSD), GSK, Sanofi, Novartis, AstraZeneca, Qatar Pharma, Qatari German Medical Equipments
Related Publications:
UAE Healthcare Market Outlook to 2020 - Rising Medical Tourism and High Prevalence of Diabetes to Foster Future Growth
Saudi Arabia Healthcare Market Outlook to 2019 - Rising Lifestyle Diseases and Government Investment to Spur Future Growth
Qatar Wellness Market Outlook to 2020 - Rising Awareness about health and Fitness and Prevalence in Lifestyle Diseases will drive the Market
Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

Qatar Healthcare Market Outlook to 2021: Ken Research

The report titled “Qatar Healthcare Market to 2021 - High Prevalence of Diabetes and Rising Healthcare Infrastructure to Foster Future Growth” provides a comprehensive analysis of the healthcare market in Qatar. The report focuses on the hospitals and clinics, medical devices used in the hospital setting, diagnostic laboratories, clinics and polyclinics, pharmaceutical drugs and injectable used for treatment and diagnostic purposes, and services provided by healthcare providers. The report covers aspects such as overall healthcare market by its key segments including medical devices, pharmaceuticals, hospitals, independent diagnostic laboratories, clinics/polyclinics, retail pharmacy and their sub-segments. The publication also includes the competitive landscape in each section, which discusses the major market players in every segment along with the detailed discussion about the organization.  The future analysis of overall Qatar Healthcare has also been discussed along with recommendations from analyst view. The report also includes information about health insurance in Qatar, regulatory bodies governing healthcare policies in Qatar, regulations which impact healthcare market and procedure to import medical devices and pharmaceuticals in the country.
Qatar Healthcare Market Research Report
Market Potential
Qatar healthcare market is one of the fastest growing markets in the world with the growth rate of ~% during the period 2011-2016. People across Qatar are facing several health care issues due to sedentary lifestyle and fast food consumption habits, such as obesity, diabetes, and other cardiovascular diseases, which are demanding for technologically advanced healthcare infrastructure. Qatar has been exponentially expanding its national healthcare system to cater the needs of its people and support economic diversification. The country has been developing its infrastructure including hospitals, diagnostic labs, and clinics in addition to the development of local clinicians, physicians and specialized doctors. In addition to all these factors, fast rising and ageing population in the country further add to the advantages for Qatar healthcare market.
Medical Devices Market
Qatar is an import driven market in context to medical devices. The imports of medical devices accounted for a lion share of ~% from the total revenue market in 2016. The market is observed to grow at a rapid pace of ~% by value from 2011 to 2016 owing to the expanding healthcare infrastructure in the country; both the government and private healthcare sector are investing heavily to provide country satisfactory healthcare solutions to the residents and expats. Diagnostic imaging products were observed to capture the major share of the market (~% in 2016), however Scintigraphic apparatus and Magnetic resonance imaging apparatus recorded the highest growth in 2016. Qatar having one of the highest GDP per capita, the healthcare professionals and citizens across the nation prefer the branded medical devices from Roche, Abbott, Biomeriux, Becton Dickinson, providing all of them leading position in the market. The top three players together captured around ~% of the total revenue share in 2016.
Pharmaceuticals Market
Pharmaceuticals market is highly dependent upon imports of pharmaceutical products. Imports accounted for ~% of the total revenue in 2016 for pharmaceuticals market in Qatar. The rising prevalence of chronic diseases among the fast growing population of Qatar was the major factor responsible for the growth of the pharmaceutical products market in Qatar at rapid rate. Patented drugs were observed to be preferred more than generic drugs and captured a revenue share of ~% in 2016. Qatar Pharma is the major domestic player which is manufacturing drugs for the Qatar pharmaceuticals market. Drugs were imported from a plethora of companies including Roche, MSD (Merck), GSK, Novartis, Sanofi, AstraZeneca and others. The top three players together captured a market share of ~% as of 2016. Among prescribed and OTC drugs, prescribed drugs accounted for ~% of the market share. In context to therapeutic area, high prevalence of diabetes in the region has led to demand for diabetes management pharmaceutical products providing it dominance over other therapeutic class with share of ~% in 2016.
Hospitals Market
Hospitals market in Qatar has experienced rapid increase in number of inpatients and outpatients from 2011 to 2016. Although the number of hospitals has been constant for the last few years, number of inpatients and outpatients increased at a CAGR of ~% and ~% respectively during 2011-2016. Contribution from pharmacy store increased to a high extent owing to the increased sales of medical devices and cosmetic products from hospital based pharmacies, generating high revenue. Private hospitals were observed to be major revenue generator with ~% of revenue share in 2016. HMC was the largest provider of healthcare services in the country.
Independent Diagnostic Laboratories Market
Independent diagnostic laboratories is most recently established market in Qatar with revenue of USD ~ million in 2016 and exhibiting growth at a CAGR of ~% during the period 2011-2016. The rising self care attitude among people coupled with increasing prevalence of chronic diseases was the major factor which has led to growth of independent diagnostic laboratories. These laboratories are actively engaged in providing pathology tests, and pathology tests contributed approximately ~% of the total revenue in 2016. Radiology tests generated comparatively lower share of the market majorly due to presence of limited number of radiology services including X-ray and ultrasound and higher prescription of pathology tests over radiology tests.
Key Topics Covered in the Report:
Qatar Healthcare Market Size
Qatar Medical Devices Market Size
Qatar Medical Devices Market Competitive Landscape
Market Share of Major Players in Qatar Medical Devices Market
Qatar Pharmaceuticals Market Size
Qatar Pharmaceuticals Market Segmentation
Qatar Pharmaceuticals Market Competitive Landscape
Market Share of Major Players in Qatar Pharmaceuticals Market
Qatar Hospitals Market Competitive Landscape
Qatar Clinic and Health Center Market
Qatar Independent Diagnostic Laboratories Market
Snapshot on Qatar Telemedicine Market
Qatar Healthcare Industry
Qatar Healthcare Market
Sector Growth Healthcare Middle East
Government Expenditure Healthcare
Hospital Revenue Qatar
Doha Pharmaceutical Market
Doha Medicine Sales
Qatar Medical Devices Revenue
Importers Medical Devices Qatar
Qatar Healthcare Spending
Health Care Insurance Premium Qatar
To know more on coverage, click on the link below:
Related Reports:
Contact:
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-124-4230204