report highlights the huge opportunities
Last Updated : GMT 23:13:48
Arab Today, arab today
Arab Today, arab today

for more healthcare provision

Report highlights the huge opportunities

Arab Today, arab today

Arab Today, arab today Report highlights the huge opportunities

there is a pressing need for both more and better healthcare facilities
Dubai - Arab Today

With the current shortage of hospitals, clinics and other healthcare facilities, an ageing population and the rise of medical tourism, there is a pressing need for both more and better healthcare facilities in the region over the next five years

• New healthcare report by JLL finds the MENA region is lagging behind other developed economies in terms of per capita spending on healthcare and provision of hospital beds

• The region also has an ageing population – the number of people over 65 years is predicted to increase by 4.4% pa over the next five years

• To maintain the current provision rate of hospital beds per person would require the creation of 10,500 additional hospital beds in the five  major cities across the region over the next 5 years which equates to 70 additional hospitals

• With strong demand and government support for the healthcare sector, the report presents an opportunity for real estate investors to be more involved in the healthcare industry


In the wake of Cityscape 2017, a new healthcare report has been released today to highlight the huge opportunity for investors in the MENA real estate market over the next five years.
Demand for hospitals and healthcare facilities is increasing in the region, driven by a combination of an ageing population and the growing popularity of medical tourism.
The number of people aged 65 years is forecast to increase by 4.4 per cent per annum over the next five years, according to the JLL healthcare report – and as a result, the number of people over 65 will increase from 21 million to 26 million by 2020.
The MENA region is also currently lagging behind more developed economies in terms of both per capita spending on healthcare and provision of hospital beds. The per capita spending on healthcare in the UAE is only 17 per cent of what is being spent in Switzerland, and MENA has an average of only 1.9 beds per 1,000 population in comparison to an OECD  average of 4.8 beds.
Even to simply maintain the current provision rate of hospital beds per person would require the creation of 10,500 additional hospital beds in the five  major cities across the region over the next five years, and assuming a typical ratio of 150 beds per hospital means there would be a need for around 70 additional hospitals.  
If there is a need to increase the provision of hospital beds in line with the current OECD average of 4.8 beds per one thousand people, a staggering 470,000 additional beds would be required, which equates to 3,130 new hospitals, to be developed across these same five major cities by 2022 .
While government spending on healthcare is increasing across the region, there is a growing opportunity for more real estate investor involvement in the healthcare sector.
Developers of large planned communities in the region are already recognising the need and incorporating clinics and other non-specialist healthcare facilities in their developments.
Joining us to discuss the new healthcare report and how real estate players can take advantage of the growing demand in MENA’s healthcare sector, we have in the studio JLL’s Head of Research, MENA Craig Plumb, Head of Capital Markets, MENA, Gaurav Shivpuri and Head of Healthcare & Education, Chris Francis.

 

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

report highlights the huge opportunities report highlights the huge opportunities

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

report highlights the huge opportunities report highlights the huge opportunities

 



Arab Today, arab today
Arab Today, arab today The Rake announces editorial updates

GMT 12:19 2018 Tuesday ,16 January

The Rake announces editorial updates
Arab Today, arab today Emirates throws Airbus A380 a lifeline

GMT 03:28 2018 Sunday ,21 January

Emirates throws Airbus A380 a lifeline
Arab Today, arab today Modern colorful bedroom renovation

GMT 11:23 2017 Thursday ,21 December

Modern colorful bedroom renovation
Arab Today, arab today Honduras roads blocked in protests

GMT 05:32 2018 Sunday ,21 January

Honduras roads blocked in protests
Arab Today, arab today Facebook to let users rank 'trust'

GMT 04:26 2018 Sunday ,21 January

Facebook to let users rank 'trust'
Arab Today, arab today Cosmetics PR Performance  2017

GMT 09:34 2018 Sunday ,14 January

Cosmetics PR Performance 2017
Arab Today, arab today Lebanon says foiled IS holiday attacks

GMT 02:59 2018 Saturday ,20 January

Lebanon says foiled IS holiday attacks
Arab Today, arab today For the Variety of Interior Design Styles

GMT 11:14 2017 Tuesday ,19 December

For the Variety of Interior Design Styles
Arab Today, arab today Israel apologises to Jordan

GMT 01:41 2018 Saturday ,20 January

Israel apologises to Jordan
Arab Today, arab today Booby-trapped messaging apps used

GMT 02:11 2018 Saturday ,20 January

Booby-trapped messaging apps used

GMT 07:22 2017 Thursday ,23 November

Zimbabwe's next leader heads home after Mugabe exit

GMT 07:23 2017 Thursday ,23 November

Zimbabwe's next leader heads home after Mugabe exit

GMT 16:25 2016 Thursday ,22 December

Italian bank Monte Paschi edges closer to state bailout

GMT 09:12 2017 Friday ,17 November

Gleam Futures represents Grace Beverley

GMT 06:03 2014 Wednesday ,09 April

Please .. Let Gaza breathe!

GMT 04:18 2017 Sunday ,26 November

Bella magazine appoints celebrity writer

GMT 16:08 2017 Tuesday ,24 October

Glamour fashion editor goes freelance

GMT 06:00 2017 Sunday ,29 October

Childrenswear brand Once appoints Dyelog

GMT 16:33 2014 Thursday ,13 November

Al-Ehtimam Bil Aakhareen

GMT 03:34 2017 Sunday ,05 November

Needle & Thread relocates press office

GMT 04:30 2017 Sunday ,22 October

Miista appoints IPR London

GMT 05:14 2017 Thursday ,19 October

Blogger seeks male beauty boxes for Christmas Gift

GMT 15:12 2017 Saturday ,14 October

Christmas Gift Guide - My Girls On Tour

GMT 15:24 2017 Thursday ,05 October

A.F.VANDEVORST appoints SPRING London

GMT 15:56 2017 Monday ,18 December

EVE LOM to launch Radiance Face Oil

GMT 01:41 2017 Saturday ,12 August

Moroccan video sparks debate on sexual harassment

GMT 10:26 2017 Thursday ,21 December

Charlotte Connoley announces blog launch

GMT 01:19 2017 Thursday ,16 November

Da Vinci painting sells for $450mn in NY

GMT 04:28 2017 Sunday ,26 November

Brands sought for BRITs Spa backstage
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday