The revision/ increase in the fee of
healthcare services for expatriates in public hospitals, launch of the national
health insurance program and the increasing participation of the private
healthcare sector have been the key factors driving growth in Kuwait hospital Market.
The Kuwait hospital
market has shown a positive growth during 2012-2017 but with respect to the
expanding population of Kuwait and increasing pressure on public healthcare
facilities, the market still needs to address the demand.
Analysts
at Ken Research in their latest publication “Kuwait
Hospital Market Outlook to 2022- By Public and Private Hospitals, By Inpatients
and Outpatients, By General and Specialty Hospital and By Region (Al Asima,
Hawalli, Al Farwaniya, Al Ahmadi, Al Jahra and Mubarak Al-Kabeer)” believe that widening the service portfolio to include tertiary and quaternary
care, retaining
skilled workforce and encouraging native citizens to enter healthcare industry will help the hospital industry in the country to augment
its revenues.
National Insurance Program & Rising Incidents of Chronic
Diseases: The implementation of national
insurance program and the encouragement provided by the government to private
players in terms of incentives has further helped in the development of
healthcare industry in Kuwait. The number of outpatients and inpatients has
been gradually and continuously increasing owing to the rising incidents of non
communicable diseases, gradually ageing population of the country and unhealthy
lifestyle of a large portion of population. The country has one of the largest numbers
of diabetic patients and bariatric as well as weight reduction surgeries are a
norm among the country’s residents.
Change in FDI Regulations: The
revision of the FDI regulations has also eased the process of setting up a
company in the country. This has encouraged investors and financial houses to
invest into the healthcare, specifically hospital sector of the country.
Dominance of Private Sector: The hospital market has been largely dominated by the private
sector in terms of revenues, whereas in terms of number of patients and number
of hospitals the market is dominated by the public sector. This contrast exists
because there is a substantial difference between the average bill size of
private and public hospitals.
High Prices of Private Healthcare: The government is considering introducing a cap on the prices
charged by the private hospitals, however it is unlikely that such a cap will
come into place as the registration and setting up cost of a hospital is itself
very expensive in the country. The leading private hospitals in the country are
Dar Al Shifa, Al Salam International Hospital, New Mowasat Hospital, Royal
Hayat Hospital and Al Seef Hospital. More private hospitals are likely to come
in the future.
Key Segments Covered:-
Market Segmentation:-
By Public
and Private Hospitals
By
Inpatients and Outpatients
By General
and Specialty Hospital
By Region
(Al Asima, Hawalli, Al Farwaniya, Al Ahmadi, Al Jahra and Mubarak Al-Kabeer)
Key Target Audience:-
Private
Hospitals in Kuwait
Private
Healthcare companies in GCC
Private
Equity Ventures
Time Period Captured in the Report:-
2012-2017
– Historical Period
2018-2022
– Future Forecast
Companies/Hospitals Covered:-
Dar Al Shifa Hospital
Al Salam
International Hospital
New
Mowasat Hospital
Royal
Hayat Hospital
Al Seef Hospital
Keywords:-
GCC
Healthcare Industry
Kuwait
Hospital Ecosystem
Kuwait
Healthcare Key Metrics
Introduction
Kuwait Hospital
Number Of
Hospitals Kuwait
Kuwait
Number Of Hospital Beds
Hospital
Market In Al Asima
Hospital Market
In Hawalli
Hospital
Market In Al Farwaniya
Hospital
Market In Al Ahmadi
Hospital
Market In Al Jahra
Snapshot
On Al Ahmadi Hospital
Future
Outlook Kuwait Hospital
Hospital
Profile Of Dar Al Shifa Kuwait
Profile
New Mowasat Hospital Kuwait
Profile
Royal Hayat Hospital Kuwait
Profile
Al Seef Hospital Kuwait
For more information
on the research report, refer to below link:
Related Reports by
Ken Research:-
https://www.kenresearch.com/healthcare/general-healthcare/singapore-healthcare-market/154981-91.html
Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249
