In terms of revenue, the Kuwait hospital market has accounted a constant growth with positive CAGR during last five years (2012-2017). Majority of the healthcare segment in Kuwait is controlled by the Ministry of Health. The private participation in the healthcare sector is significantly low. The healthcare services in public sector hospitals are at extremely subsidized rates. Due to this, the number of outpatients and inpatients in public sector hospitals is progressively higher than private sector. However, majority of the revenues produced in the hospital market is from the private sector hospitals. This is owing to the massive difference of prices for healthcare services in public and private sector hospitals.
According to the report analysis, ‘Kuwait Hospital Market Outlook to 2022- By Public and Private Hospitals, By Inpatients and Outpatients, By General and Specialty Hospital and By Region (Al Asima, Hawalli, Al Farwaniya, Al Ahmadi, Al Jahra and Mubarak Al-Kabeer)’ states that Kuwait hospital market is largely registered by public hospital in terms of number of patients and beds. However, in terms of revenue, private hospitals take the lead majorly on account of high treatment fees charged. Dar Al Shifa Hospital, Al Salam International Hospital and New Mowasat Hospital are among leading market players in the Kuwait Hospital market. Royale Hayat hospital and Al Seef Hospital are luxury hospitals where healthcare services are convoyed with a luxurious hospitality experience. These are among the most luxurious hospitals in Kuwait.
The report titled “Kuwait Hospital Market Outlook to 2022- By Public and Private Hospitals, By Inpatients and Outpatients, By General and Specialty Hospital and By Region (Al Asima, Hawalli, Al Farwaniya, Al Ahmadi, Al Jahra and Mubarak Al-Kabeer)” delivers the information on market size for Kuwait hospital by Revenue, by Number of Hospitals and by Number of Beds. The report covers factors such as hospital market segmentation by Public and Private Hospitals, by Inpatients and Outpatients, by General and Specialty Hospital and by Region. The report also involves the Snapshot on GCC Healthcare market, Cross Comparison of Kuwait Healthcare Market with Saudi Arabia, Oman, Qatar, UAE and Bahrain, Kuwait Healthcare Market Foremost Metrics.
The Kuwait Hospital Market is projected to augment at a positive CAGR from 2018-2022. Kuwait is a high-income class country and the requirement for high end luxurious stay at hospitals is augmenting among Kuwaiti residents. The Kuwait hospital market is probable to witness addition of several hospitals in the next five years, with a mix of publicly and privately owned hospitals. Specialty care hospitals for Maternity and Paediatrics, Infectious Disease and allied medicines involving school health services & dentistry are probable to open in the future. The number of obtainable hospital beds is also probable to grow progressively with the growth in number of hospitals.
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The revenue generated from private sector hospitals will endure to dominate the hospital market in Kuwait as private participation is probable to augment and so is the cost of private healthcare. It is predicted that in the next five years, a number of general hospitals will come up in the Kuwait. However, due to the growing incidences and requirement for specialized tertiary and quaternary care, the number of specialized hospitals will be more in assessment to general hospitals. It is predicted that by 2022, the revenue generated from outpatients will be higher than the revenue from inpatients owing to the projected rise in number of outpatients seeking private healthcare.
For More Information, refer to below link: –
Kuwait Hospital Market Research Report
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