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The Dubai Healthcare City Authority – the authority that regulates and monitors business growth and development in Dubai Healthcare City – today released a report titled “The Highlights of the Healthcare System in Dubai”, which provides key analysis and strong growth indicators for the healthcare sector in the city supplies emirate.
The new report, released on the sidelines of the activities of the Arab Health 2024 exhibition and conference, which opened today at the Dubai World Trade Centre, underlines Dubai Healthcare City’s commitment to strengthening the vital healthcare system and its enabling methodology the provision of essential health services and cooperation with international organizations.
The key findings presented in the report reflect the important role that Dubai Healthcare City plays as a specialized location for healthcare sector investments in Dubai, as expectations point to an increase in Medical City revenue from 2020 to 2024 at a compound annual growth rate of 16% .
This increase confirms Dubai Healthcare City’s firm commitment to ensuring the efficiency and sustainability of its system and underlines the confidence of major local and international healthcare investors in its ability to enable growth opportunities in Dubai’s vital healthcare sector.
The report also highlights the remarkable growth of the healthcare sector in Dubai and the significant increase in expenditure allocated to it across the public and private sectors in the UAE.
By 2027, public sector spending is expected to reach 104 billion dirhams and private sector spending will reach 22 billion dirhams, corresponding to an average annual growth rate of 7.5% and 8.8%, respectively.
The report highlights the expansion of Dubai Healthcare City as part of the second phase, which aims to integrate healthcare, preventive care, luxury and modern lifestyle. The second phase, covering an area of 22 million square feet, managed to attract strategic investments worth 1.03 billion dirhams from 2019 to date, divided into commercial and residential uses by shares of 57.65% and 18 .88% were allocated to hospitality and residential, 10.73% to healthcare and 10.11% to uses. Commercial and hospitality and 2.63% for residential. The development of the second phase is in line with Dubai Healthcare City’s commitment to attract more investors and expand healthcare and residential facilities to keep pace with the growing needs of Dubai’s population.
Based on the Emirate of Dubai’s vision to build a vital healthcare sector to meet the needs of a population expected to reach 5.8 million people by 2040 and the Dubai Urban City 2040 plan, which aims to achieve the allocated To increase land area As the number of educational and healthcare facilities increases by 25%, Dubai Healthcare City will play a critical role in attracting investments that will help achieve these goals and create a vibrant, healthy and inclusive society for residents and visitors .
Alaa Al-Manini, Chief Financial Officer of Dubai Healthcare City Authority, said: “We are always committed to building further partnerships to improve healthcare services and attract investments that directly contribute to achieving the goals of the Dubai Urban Plan 2040. Our commitments include: developing strategic partnerships, establishing community health clinics and pioneering co-living concepts.” “Innovative. As the healthcare sector continues to evolve, we maintain our leadership position in the industry, experience unprecedented growth and demonstrate our commitment to creating a comprehensive healthcare and well-being system.”
The report showed Dubai Healthcare City’s workforce growth from 10,000 employees in 2021 to 11,500 employees in 2024. This reflects Dubai Healthcare City’s pivotal role in improving the delivery of healthcare services to meet the growing demand in the industry to become.
Today, the health system at Dubai Healthcare City offers a wide range of medical services through 481 registered facilities, including advanced diagnostic procedures, specialized treatments and surgical procedures, in addition to the services of Kandinksy, the first Russian medical clinic in Dubai.
Today, Dubai Healthcare City includes 195 medical facilities and the number of international companies that have their regional headquarters in Healthcare City has increased to 130. The company continues to be a leader in the development of the healthcare sector in Dubai, providing direct access to an unparalleled network of partnerships.
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