The Dubai Health Authority (DHA) today announced that investment priorities through 2025 include population health management, mental health, rehabilitation, urgent care, long-term care, and MedTech (medical technology) start-ups.
The most recent Dubai Health Investment Guide for 2023, which was released by the DHA at the Arab Health trade show and conference taking place at the Dubai World Trade Centre, listed the main focus areas.
This year, homecare will also receive more attention, according to DHA. "We want to specifically tailor this service for the ageing population, giving them care and timely follow-ups on a regular basis in the comfort of their homes."
"We at the DHA will continue to expand and develop the health sector with the aim of creating a dynamic, investment-friendly environment," said Awadh Seghayer Al Ketbi, Director-General of DHA. "This is in keeping with His Highness Sheikh Mohammed bin Rashid Al Maktoum's vision and on the orders of Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, the Crown Prince of Dubai and Vice President and Prime Minister of the United Arab Emirates.
"DHA's dedicated health investment arm's mission is to assess investment opportunities, ensure high-quality healthcare investment, and offer investors support and guidance so they can invest in areas of need and future demand, which benefits investors and ensures the health sector provides high-quality care across multiple specialties," Al Ketbi added.
The Dubai Health Investment Guide is a ready reference for investors to understand healthcare investment opportunities across various specialties that are needed now and in the future, claims Dr. Ibtesam Bastaki, director of Healthcare Investment and PPP (Public Private Partnership) Projects at DHA. It gives an overview of the healthcare sector in Dubai as well as major trends and investment possibilities.
"The aim of the Dubai Health Investment Guide 2023 is to provide investors with detailed information on key healthcare priority areas as well as a detailed overview of the health sector in order for them to make viable investments," she added.
She stated that the Guide provides information on health-care demand, supply, and capacity gaps, allowing for investments in strategic opportunities and specialised health-care services. "This helps to improve the overall competencies of the healthcare sector in Dubai, raises awareness of the economic viability, and attracts both foreign direct investment (FDI) and local investment."
Dr. Al Bastaki stated that the focus this year will be on attracting FDI (foreign direct investment) from the global healthcare industry.
She cited Dubai's strategic location, investment-friendly climate, and growing population as key reasons for the emirate's attractiveness as an investment destination. "Increased FDI inflows into the country have resulted from investment facilitation and ease of doing business."
According to the Dubai Department of Economic Development, the FDI inflows that Dubai attracted in healthcare in 2021 were $37.2 million from countries such as the United States, India, the United Kingdom, France, Sweden, and Japan.