The report titled “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)” provides
information on market size for Kuwait hospital by Revenue, by Number of
Hospitals and by Number of Beds. The report covers aspects such as hospital
market segmentation by Public and Private Hospitals, by Inpatients and
Outpatients, by General and Specialty Hospital and by Region. The report also
includes Snapshot on GCC Healthcare market, Cross Comparison of Kuwait
Healthcare Market with Saudi Arabia, Oman, Qatar, UAE and Bahrain, Kuwait
Healthcare Market Key Metrics. The report also covers Trends and Developments,
Regulatory Environment, Snapshots on National Insurance Program, Major Hospital
Project Development, Market Share of Public Hospital, and Market Share of
Private hospitals on the basis of No. of Beds, company profiles of leading
private hospitals (Dar Al Shifa, Al Salam International Hospital, New Mowasat
Hospital, Royal Hayat Hospital and Al Seef Hospital). The report concludes with
market projection for future and analyst recommendations highlighting the major
opportunities and cautions.
Market
Size
In terms of revenue, the
Kuwait hospital market has registered a constant growth with positive CAGR in
last five years (2012-2017). Majority of the healthcare sector in Kuwait is
controlled by the Ministry of Health. The private participation in the
healthcare sector is considerably low. The healthcare services in public sector
hospitals are at highly subsidized rates. Owing to this, the number of
outpatients and inpatients in public sector hospitals is significantly higher
than private sector. However, majority of the revenues generated in the
hospital market is from the private sector hospitals. This is due to the
enormous difference of prices for healthcare services in public and private
sector hospitals.
Market
Segmentation
By
Public and Private Hospitals: Majority of the hospitals
in Kuwait are managed by MoH. Other government entities running hospitals in
Kuwait are Ministry of Defense and Ministry of Social Affairs which operate one
hospital each, specifically for military personnel and senior citizens
respectively. However, in terms of revenue, private sector hospitals dominated
the market in Kuwait, owing to the exorbitant cost of private healthcare in the
country.
By
Inpatients and Outpatients: Inpatient services are the
major contributors to the overall revenue of the Kuwait Hospital Market.
However, the number of patients seeking inpatient services is very small in
comparison to outpatient appointments. Although the number of outpatients was
more than inpatients, in 2017, the total revenue generated through outpatient
appointments in Kuwait hospital market was less in comparison to the revenue
generated from inpatients.
By
General and Specialty: The number of general
hospitals in Kuwait is greater than specialty hospitals. Majority of the
hospitals are concentrated in Al Asima Governorate and Hawalli Governorate. Most
of the general hospitals in the country are operated by the MoH while a few are
privately owned. Specialty hospitals provide specialized services in one
particular or multiple types of diseases based on disciplines, age, organs, diseases,
or other specificities.
By
Region: Al Asima governorate has the maximum number of general
and specialty hospitals followed by Hawalli Governorate, Al Farwania, Al Almadi,
Al Jahra governorate and Mubarak Al-Kabeer governorate respectively.
Competition
in Kuwait Hospital Market
Kuwait hospital market is
largely dominated by public hospital in terms of number of patients and beds.
However in terms of revenue, private hospitals take the lead mainly on account
of high treatment fees charged. Dar Al Shifa
Hospital, Al Salam International Hospital and New Mowasat Hospital are among leading
players in the Kuwait Hospital market. Royale Hayat hospital and Al Seef
Hospital are luxury hospitals where healthcare services are accompanied with a
luxurious hospitality experience. These are among the most expensive hospitals
in Kuwait.
Kuwait Hospital Market Size Future
Projections
The Kuwait Hospital Market is
expected to grow at a positive CAGR from 2018-2022. Kuwait is a high income
class country and the demand for high end luxurious stay at hospitals is
increasing among Kuwaiti residents. The Kuwait hospital market is likely to
witness addition of numerous hospitals in the next five years, with a mix of
publicly and privately owned hospitals. Specialty care hospitals for Maternity
and Pediatrics, Infectious Disease and allied medicines including school health
services & dentistry are likely to open in the future. The number of
available hospital beds is also likely to grow significantly with the growth in
number of hospitals.
The revenue generated from private
sector hospitals will continue to dominate the hospital market in Kuwait as
private participation is likely to increase and so is the cost of private healthcare.
It is expected that in the next five years, a number of general hospitals will
come up in the Kuwait. However, owing to the rising incidences and need for
specialized tertiary and quaternary care, the number of specialized hospitals
will be more in comparison to general hospitals. It is anticipated that by 2022,
the revenue generated from outpatients will be greater than the revenue from inpatients
due to the anticipated rise in number of outpatients seeking private healthcare.
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
Key Topic Covered in the
Report:-
Kuwait
Hospital Market Ecosystem
GCC
Healthcare Market
Kuwait
Healthcare Market Key Metrics
Kuwait
Hospital Market
Kuwait
Hospital Market Segmentation
Trends
and Developments in Kuwait Hospital Market
Regulatory
Environment in Kuwait Hospital Market
Snapshots
on National Insurance Program
Snapshot
on AL Ahmadi Hospital Run by Kuwait Oil Company
Major
Hospital Project Development in Kuwait Hospital Market
Competitive
Scenario Kuwait Hospital Market
Kuwait
Hospital Market Future Projections, 2017-2022E
Analyst
Recommendations
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
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Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249
