Friday, June 21, 2024
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JLL Assignments That the GCC Healthcare Industry will be Worth $135 Billion by 2027.

RIYADH: The study revealed that the value of the Gulf Cooperation region’s healthcare sector is expected to reach $135 billion by 2027, driven by rising investor confidence.

In its most recent report, real estate and investment management firm JLL stated that shareholders are growing more optimistic about the region’s healthcare market as Gulf states push for its transformation in line with their fiscal diversification strategies.

According to Sinha, the GCC countries are driving the transformation of this critical sector through infrastructure development, clinical capabilities, human capital development, digital transformation, and the establishment of healthcare innovation hubs as part of their economic diversification agenda.

He stated: “This has attracted more private equity companies and witnessed an increase in active deal-making, further positioning the region as a key healthcare player on the global stage.” According to the analysis, more regional players in the GCC’s healthcare landscape are acquiring local or international brands to diversify their portfolios and transform their businesses.

The investigation also pointed out that regional governments are pushing for increased localization to attain self-sustainability in the healthcare sector, an essential component that elevates investor confidence.

Also Read:

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Saudi Arabia is Anticipated to Guide the IPO Drive in the Middle East.


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Friday, June 21, 2024

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