report highlights the huge opportunities
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
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

 



GMT 10:06 2012 Saturday ,28 July

Querrey advances at ATP LA Open

GMT 21:15 2017 Thursday ,01 June

Trump condemns deadly Kabul explosion

GMT 02:15 2017 Thursday ,24 August

Is your country on the Qatar free entry list of 80?

GMT 19:48 2016 Monday ,03 October

Controversial boxing champ Tyson Fury retires

GMT 08:20 2015 Tuesday ,08 December

PC market woes show no sign of easing

GMT 17:27 2017 Tuesday ,25 April

20 Yemeni soldiers killed, injured in explosion

GMT 11:52 2017 Saturday ,30 December

OIC condemns Mar Mina Church attack

GMT 00:03 2017 Saturday ,25 March

Arab Meeting to Examine Anti-Corruption Methods

GMT 13:12 2017 Thursday ,20 April

Deputy premier meets Arab League chief

GMT 14:13 2014 Friday ,10 January

Opel Astra GTC

GMT 18:27 2016 Tuesday ,02 August

Turkish Foreign Minister arrives in Islamabad

GMT 11:27 2016 Tuesday ,13 December

Saudi woman arrested for challenging social norms

GMT 19:56 2017 Thursday ,09 March

Qatar Pavilion Opens at ITB Berlin

GMT 23:34 2013 Thursday ,07 February

New BMW 3 Series Gran Turismo

GMT 12:57 2017 Friday ,13 October

JPMorgan open to digital money if regulated

GMT 04:38 2017 Friday ,10 March

ADNOC opens fifth ADNOC Xpress

GMT 10:30 2017 Friday ,10 November

BDF military contingent honoured

GMT 17:37 2017 Tuesday ,24 January

China jails former Sinopec president for graft

GMT 19:34 2017 Sunday ,14 May

Austria centre-right calls for snap elections

GMT 14:54 2014 Saturday ,29 November

Wall cladding, wallpaper, fabric and wood!
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

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday