The healthcare economy (medical treatment, hospital activities and allied human health activities) in the GCC is expected to register strong growth in the coming years and is likely to reach $71 billion by 2020 from $40.3 billion in 2015.
Construction of healthcare facilities is a key component of the GCC’s healthcare economy. A growing population, aging demographics, lifestyle illness, medical tourism and government led initiatives to provide quality healthcare services through state-of-the-art facilities are the factors fuelling growth in the healthcare sector.
This report Overview emphasizes on the construction projects in the GCC’s healthcare sector. This includes the construction of new medical & research centres and hospital facilities and the expansion of existing hospital facilities to meet the rising demand. This report begins with an overview of the healthcare construction market in the GCC.
It looks at the market size of each country and the pipeline of projects in various stages of the construction life cycle. It analyses growth drivers that support a strong healthcare market outlook. The final analysis lists a series of mega healthcare construction projects in the region.
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