The rapid transformation of the UAE’s healthcare sector has been brought about by new medical technology – a step of particular importance in light of the global pandemic.
As a result, the focus is on further expanding the healthcare system by adopting innovative new technology and forging partnerships with leading hospitals, academic medical research entities, and medical technology companies.
Sector Key Numbers
UAE demand of medicine per year
The MVA in Medical Technology sector is expected to increase by USD 1bn in 2031
Explore The Sector
The UAE is focused on expanding its healthcare system through providing an attractive environment for startups (e.g., Dubai Science Park, 10 local start-up incubators)
The UAE has the ability to leverage local academic research entities (e.g., Mohammed Bin Rashid Medical Research Institute, Sharjah Institute of Medical & Health Sciences)
The UAE plans to further shorten the timeline for the approval of medical products (UAE already ranks among the fastest nations for drug approvals)
Secure low-cost financing for the medical sector.