RIYADH: The healthcare sector in the UAE continues to be at the forefront globally and regionally in terms of medical services and scientific achievements, according to a recent study. The country has been recognized for its excellence in several key healthcare indices and is making significant investments to further enhance its healthcare infrastructure.
The Legatum Institute Prosperity Index Report has ranked the UAE in the top position globally in three crucial healthcare competitiveness indexes: early detection programs, scope of medical coverage, and antenatal care coverage. Additionally, the country secured the second global rank and topped the regional spot in the Health Outcomes Index, as per the 2022 Open Data Inventory report by Open Data Watch.
The UAE has emerged as a regional leader in the Middle East and Africa, particularly excelling in drug innovation and regulatory approval processes. The country’s commitment to the healthcare sector is evident through its projected investment of $30.7 billion by 2027, marking an annual growth rate of 7.4 percent in healthcare spending, as stated by Alpen Capital, an international investment banking advisory firm.
Sustainability of UAE’s Healthcare Sector
In line with its dedication to the sector, Emirates Health Services launched the Innovation Strategy in March. This strategy aims to ensure the sustainability of the healthcare sector and align with national visions and strategies, such as the UAE Centennial 2071, National Strategy for Wellbeing 2031, and the UAE 2031 vision.
Furthermore, the UAE has taken proactive measures to safeguard and secure healthcare supply chains through the launch of Tatmeen, a platform initiated by healthcare authorities including the Ministry of Health and Prevention, the Department of Health Abu Dhabi, and the Dubai Health Authority. This underscores the country’s strategic approach to drug assessment and approval processes.
The UAE’s healthcare expenditure has witnessed a steady rise, increasing from 3.8 billion dirhams ($1.03 billion) in 2016 to 4.8 billion dirhams in 2023. The country prioritizes the growth of its healthcare infrastructure and places a strong emphasis on developing a skilled healthcare workforce, demonstrating its commitment to building a robust healthcare system.