The UAE pharmaceutical industry, forecasted to grow at a CAGR of around 17% during 2010-2013, will drive the healthcare industry in the country, says RNCOS in its latest research study.
Noida, UP -- (SBWIRE) -- 03/03/2011 -- According to our latest research report, “UAE Healthcare Sector Forecast to 2012”, the UAE pharmaceutical industry is expected to continue on its tremendous growth path due to the increasing support of the government. Amongst many of the supportive regulations, liberal trade policies and encouragement for private investments are the most important ones. Additionally, the rapidly escalating population and rising health consciousness of the people has been driving the strong growth of the pharmaceutical industry for the past few years.
Through extensive research and prudent analysis of the UAE pharmaceutical industry, we have identified the most important factors driving the pharma market in the UAE. We have also observed that the country offers immense scope for private players and foreign investments as the domestic industry is unable to cope up with the high drug demand. Backing on this aspect, the industry is expected to grow at a CAGR of around 17% during the period 2010-2013. Rising burden of diseases in the country has also been a major driver for the pharma industry and will help in boosting its stature in future as well.
Our report also includes an in-depth analysis of the UAE healthcare industry to provide a better understanding of the focus areas in near future. The trends depict that the country is facing severe shortage of doctors and other healthcare professionals. Moreover, the investments taking place towards setting up of hospitals and health care centers will create a heavy demand for advanced technology in medical equipment and devices.
Besides, our report “UAE Healthcare Sector Forecast to 2012” provides a comprehensive outlook of the healthcare industry and its all supportive verticals through extensive research and rational analysis of reliable statistics. It covers major industries and segment-wise break up to give strategic insight into the market. The report has thoroughly examined current market trends; industrial developments and competitive landscape to enable clients understand the market structure and its progress in coming years.
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About RNCOS
RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals study and analyze the industry and its various components, with comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the consultants in meeting their objectives in a cost-effective and timely manner.