The Middle
East Healthcare Market is one of the firmest increasing markets in the
globe with the handsome growth rate during the reviewed period. The people
around the Qatar are fronting numerous healthcare problems owing to the
sedentary lifestyle and fast food consumption habits, namely diabetes, obesity
and several other cardiovascular diseases, which are desiring for the
technologically advanced healthcare infrastructure. The Middle East has been
exponentially enlarging its national healthcare system to attain the
requirement of its people and support the commercial diversification. The
region has been advancing its infrastructure involving diagnostic labs,
hospitals, and clinics in addition to the advancement of the local clinicians,
specialized doctors and diabetes. Furthermore, all these aspects, fast
increasing and ageing populace in the region further add to the benefits for
the Middle East healthcare market.
In Qatar, the medical devices
market is an import device market in context to medical devices. The imports of
the medical devices registered for a lion share of effective percentage from
the total revenue market in the recent past years. The market is witnessed to
increase at a rapid pace of effective percentage by value from the recent past
years to present due to the enlarging healthcare infrastructure in the region,
both the private and government healthcare segment are investing heavily to
deliver the region satisfactory healthcare infrastructure solutions to the
residents and expats. The Diagnostic imaging items were witnessed to attain the
foremost share of the market in the recent past, however Scintigraphic
apparatus and Magnetic resonance imaging apparatus recounted the maximum growth
in the recent past.
The Qatar having one of the maximum
GDP per capita, the healthcare professionals and population of the region
around the nation prefer the branded medical devices from Roche, Abbott,
Biomeriux, Becton Dickinson, delivering all of them important position in the
market. In addition, the Pharmaceuticals market in the Middle East is extremely
dependent upon the imports of pharmaceutical products. The increasing
commonness of the chronic diseases among the fast increasing populace of Middle
East was the foremost factor responsible for the growth of the pharmaceutical
products market in the Middle at a speedy pace. Whereas, the Qatar Pharma is
the foremost domestic player which is producing drugs for the Qatar
pharmaceuticals market.
Although, in the Middle East the
hospital market has positively witnessed speedy increase in the number of
inpatients and outpatients. The effective involvement from the pharmacy store
augmented to a great magnitude due to the augmented sales of the medical
devices and cosmetic products from the hospital grounded pharmacies, creating
the high revenue.
Not only has this, the growing
self-care assertiveness among people attached with the increasing pervasiveness
of the chronic diseases was the foremost factor which has led to growth of
autonomous diagnostic laboratories. Radiology tests created the comparatively
subordinate share of the market majorly owing to the existence of limited
number of radiology services involving X-ray and ultrasound and sophisticated
prescription of pathology tests over radiology tests. Therefore, in the near
years, it is anticipated that the market of Middle East healthcare market will
increase more positively over the recent decades.
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Ankur Gupta, Head Marketing &
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