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UAE: digital health export opportunities
Market opportunity: Digital health in the Middle East
Key details
Opportunity: Digital health in the Middle East
Country: UAE
Sector: Life sciences
Summary
The UAE is intensifying its efforts to build a robust, world-class healthcare system—one of the core objectives of its National Agenda UAE Vision 2021.
The digital health market in the UAE has experienced significant growth, as te Government has acknowledged the potential of technology to combat the ongoing challenges related to cost, quality, access and resources. The UAE uses digital technology in the preventative measures it takes to increase the rate of early detection, as well as improving personalisation and precision.
The Covid-19 crisis has further accelerated the use of technology across many sectors in the UAE, including the health sector. The UAE healthcare sector will continue to become more sophisticated as the country builds on its position as a hub for healthcare and an incubator for innovation in the region.
In May 2020, the Ministry of Health and Prevention outlined plans to develop the healthcare sector by creating innovative ways to deliver healthcare services through telemedicine and digital medicine.
Scale of opportunity
The UAE’s healthcare spend is expected to top $21 billion USD by 2021 and is forecast to account for 4.6% of GDP by 2026.
Digital Health technology innovations to combat Covid-19, manage lifestyle diseases and improve population health outcomes are expected to drive this figure.
While many countries in the GCC have made significant advances in the digital healthcare industry, the UAE leads the way. Abu Dhabi and Dubai are the main healthcare demand centres, with 70% of hospitals and clinics located in the two largest emirates.
Eligible companies
This opportunity is open to Scottish digital health companies with innovative solutions in the following areas:
- Primary care
- Chronic disease management
- Diagnostic health and remote monitoring
- Preventative care
- Precision medicine and genetics
- Value-based healthcare Population health management
- Electronic health records and health information platforms
Register your interest
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Register your interest
Get in touch with our in-market specialists to find out more about this export opportunity.