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Mon, 09 Nov 2009 | 21:38 GMT
 

The world's most lucrative healthcare market plans for the future

Press Release
 
 
27 October 2008
Industry leaders to meet at Middle East Healthcare Conference 2008 to discuss how to build a regional healthcare sector for tomorrow

Dubai, UAE: By 2025, the healthcare industry in the Middle East is predicted to be worth US$60 billion thanks to the growing demand for services and facilities. The huge influx of workers to the region means that demand for hospital beds is expected to double by 2025 with almost US$10 billion being invested in hospital building projects to meet the requirement for up-to-date healthcare provision in Saudi Arabia, Qatar, Oman and across the UAE.

This five-fold increase in healthcare costs can also be attributed to the ageing native population, higher expectations of patients and their carers, and above all, a rise in so-called diseases of affluence. The increasing inability of governments across the UAE to meet primary care costs will require a revolution in healthcare. But what shape will this revolution take and what will it mean for private sector involvement?

MEEDMEEDLoading..., the business intelligence expert in the Middle East, has announced details of its Middle East Healthcare 2008 conference at a time of unprecedented growth, change and innovation in the sector. With the introduction of compulsory insurance and significant changes taking place at the Dubai Health Authority, interest in the industry is stronger than ever.

Building on the tremendous success of the first healthcare event, MEEDMEEDLoading...'s two-day conference will explore the key issues and challenges facing the sector and highlight where opportunities exist for investors, developers, and operators by showcasing the latest new projects and developments in the healthcare market. Supported by Dubai Health Authority, the conference will be held from 3 - 4 November 2008 at the Al Murooj Rotana Hotel, Dubai.

Edmund O'Sullivan, Chairman, MEED Events comments:

"The Middle East Healthcare conference 2008 is unique in its scope. The healthcare landscape in the Middle East is currently undergoing a rapid transformation, especially in relation to how healthcare is funded. Digging deep into these issues, this MEEDMEEDLoading... conference is a must-attend event in every health professional's diary."

"As the health sector transforms, the opportunities and need for private sector involvement and services are increasing. Demand for hospital beds is set to double by 2025. One effect of this is the surge in demand for skilled professionals, which has led to a series of international partnerships being set up, involving organisations such as the Cleveland Clinic and Harvard Medical International. Creating world-class alliances, as one strategic direction for the industry, will therefore be a key point of discussion at the conference."

Some key thinkers and strategists contributing to the 2008 healthcare conference include:

  • HE Qadhi Saeed Al Murooshid, Director General, Dubai Health Authority
  • Achmed Al-Shahrabani, Senior Vice President, Abraaj Capital
  • Ronald Barrott, Chief Executive Officer, Aldar
  • Dr. Michael Bitzer, Chief Executive Officer, Daman
  • Dr. Ayesha Abdulla, Senior Vice President, DHCC
  • Mark Erhart, Executive Director, Mubadala Healthcare
  • Dr Manar al Moneef, Director General, Health and Life Science Sector, Sagia

Delegates will also have the opportunity to attend pre-conference masterclasses on healthcare tourism and strategic private-sector partnerships. Attendees will receive practical advice on identifying opportunities in the healthcare tourism market and solutions to the challenges that such a market presents such as attracting highly-qualified staff.

At a second half-day workshop, senior executives from a range of organisations including health ministries, healthcare providers, architecture firms and financial and legal institutions, will have the opportunity to learn how they could benefit from the move towards private sector healthcare provision using case studies and the expertise of workshop leaders from GE Healthcare.

MEEDMEEDLoading... is the acknowledged market-leader in key regional industry-focused events and conferences; delivering expert, up-to-date business intelligence, industry data and research findings. More information about Middle East Healthcare Conference 2008 - including latest news, pre-event workshop and full conference details, can be found at www.meed.com/events/healthcare

-Ends-

About MEED
MEEDMEEDLoading... is internationally recognised as providing essential business intelligence for anyone doing business in, or with, the Middle East and North Africa. With journalists and contacts across the entire Middle East and North Africa region, MEEDMEEDLoading... provides reliable, up-to-date business news, analysis and data in both print and online. MEEDMEEDLoading... attracts customers from across 78 countries worldwide.

www.meed.com

www.meedprojects.com

www.meed.com/events

To reserve places at the conference, call the MEEDMEEDLoading... customer services team on +9714 390 0049 or email conferences@meed-dubai.com.

For additional information please contact:
Emily Hewitt or Mustafa Al-Sheikhly
Four Communications,
telephone: +971 55 985 3371 / M. +971 55 985 3376,
email: meed@fourcommunications.com

© Press Release 2008

from Four Communications Group
 
 
 
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