DUBAI, 31st January, 2023 (WAM) — The Dubai Health Authority (DHA) highlighted key areas of focus in terms of healthcare investment in Dubai until 2025 at the ongoing Arab Health Exhibition and Congress.
The DHA’s Health Investment arm highlighted the details during the launch of this year’s edition of the Dubai Health Investment Guide, which is a ready-reckoner for investors to understand healthcare investment opportunities across various specialties that are needed at present and in the future. It provides an overview of Dubai’s health sector, areas of demand, key drivers and how to invest in Dubai.
Awadh Seghayer Al Ketbi, Director-General of the DHA, said, “In line with the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and as per the directions of H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, we at the DHA, will continue to expand and develop the health sector with an aim of creating a dynamic, investment-friendly sector that provides both residents and medical tourists with easy access to the highest quality of patient-centered care across a wide range of medical specialties.”
Al Ketbi added, “The aim of DHA’s dedicated health investment arm is to evaluate investment opportunities, ensure high-quality healthcare investment, provide investors with support and guidance so that they can invest in areas of need and future demand, this benefits investors and ensures the health sector provides community members and medical tourists with high-quality care across multiple specialties.”
The DHA’s health investment sector has developed this year’s edition of the Dubai Health Investment Guide and has highlighted key focus areas of investment until 2025 and beyond.
Al Ketbi highlighted that the aim of the Dubai Health Investment Guide 2023 is to provide investors with detailed information on key priority areas of investment in health and to provide them with a detailed overview of the health sector so that they can make viable investments.
Al Ketbi emphasised that health investment in areas of need and future demand benefits investors, helps create a dynamic and robust health sector, and provides community members and visitors with access to the highest quality of specialized and accessible care.
In 2021, the FDI inflows that Dubai attracted, as per the Dubai’s Department of Economic Development was 37.2 million US dollars in healthcare from countries such as USA, India, UK, France, Sweden and Japan.
Along with the growth in the number of healthcare facilities, Dubai has also witnessed an impressive 61 percent increase in licensed medical professionals to reach 55,208 in 2022.
The DHA’s projections for 2023 and beyond, estimate a growth of 10-15 percent for medical professionals and 3-6 percent for facilities.
According to the latest Medical Tourism Index, Dubai ranks No. 1 in the Middle East and North Africa and No. 6 in the world for medical tourism, with the city ranking No. 5 globally on the sub-index of Quality of Facilities & Services. Dubai’s emergence as a significant player in the private healthcare sector is driven by its high standards and regulations, making it a popular destination for medical tourism thanks to high-quality healthcare.