What is The Potential of Qatar Healthcare Market: Ken Research
Posted on 09 May 2017 by KenResearch Healthcare,
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 has also propelled the government to upgrade its public healthcare.
Medical hospitals in the country contributed to the maximum share of overall healthcare market as of 2016. Over ~% of the market revenues were generated from the hospitals segment.
Rising per capital expenditure on healthcare from USD ~ million in 2011 to USD ~ million in 2016 coupled with rising population from ~ million in 2011 to ~ million in 2016 has aided in the growth of the healthcare sector in the country.
Qatar healthcare market inclined at a CAGR of ~% during the period 2011-2016 from USD ~ million in 2011 to USD ~ million in 2016, primarily due to rising prevalence of non-communicable and lifestyle diseases including diabetes, asthma and heart disorders.