We found Hospital Build 2009 a good forum to interact with planners, designers and hospitals. It was also a good event for brand exposure of TRUMPF and to display our high quality and innovative products. We already booked our stand for Hospital Build 2010 to ensure our presence and to showcase the latest developments of TRUMPF.”
Lars Michel, Regional Director at TRUMPF, exhibitor at Hospital Build Middle East 2009 and 2010.
"Perkins Eastman is pleased to announce its participation in Hospital Build 2010. As one of the region's premier firms for Healthcare Design, we participate in this event because it consistently delivers unparalleled opportunities for building our involvement within the GCC Healthcare community. The exposure afforded through exhibiting plus the insights gained by attending conferences equal a power-packed series of maximized days for networking and learning."
Matthew Becker, Director of Operations, Perkins Eastman
"We were surprised by the high quality of Hospital Build 2009 show. We received a number of qualified leads from decision makers from hospital construction companies, hospital management companies, operators, distributors and IT healthcare managers. In the Middle East region a lot of new hospital projects are coming up in the following years. Hospital Build is an excellent place to meet the right people. For this reason we will be attending this event as well in 2010".
Carsten Germer, International Business Development Manager, COMPUGroup
GCC healthcare sector worth $55bn by 2020
The GCC healthcare sector is predicted to grow by nine percent annually and will be worth up to $55bn by 2020, according to new research.
GCC countries are likely to experience a sharp increase in healthcare needs primarily led by a growing and ageing population and a rise in chronic non-communicable "lifestyle" diseases, said Tommy Trask, executive director and head of Equity Research services at Alpen Capital.
The investment bank's report said all countries in the Gulf region were on track with sufficient hospital facilities to meet future demand, apart from Oman.
"The GCC healthcare sector is on a growth trajectory. The industry is poised for unparallel and consistent growth accompanied by a fundamental shift in the industry structure, infrastructure quality, payer model and funding options," added Trask.
He said the GCC hospital project pipeline was very significant.
"Assuming announced healthcare projects are delivered on time, we see a sufficient supply of hospital beds in all GCC countries, except Oman, to meet the expectation of strong growth in demand," he added.
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Companies are now increasingly focusing on the healthcare sector while construction and property sectors continue to remain weak
Decision-makers speaking to Emirates Business said the non-cyclical nature of healthcare and the unmatched high demand for health-related services are alluring service and financial firms to expand or create new businesses in this arena.
"We are focusing on the healthcare market because this is the kind of industry that will sustain [us] through out the downturn," said Steve Williams, Chief Executive of Gulf Finance, a Shuaa subsidiary.
"Because we are responsible lenders we are looking at sectors with a bit more predictability," he added.
"For example, with more than 1.2 million people in Dubai alone and 4.5 million people in the UAE as a whole, healthcare has to be a critical concern."
"So a clinic that is looking at an MRI scanner and has proven clients using that piece of equipment... that represents really good opportunity to support a growing business that is supporting the emirate," Williams said.
"The population of the region, and especially the UAE, will increase at faster rates than the global average," said Ki Wan Kim, Chief Executive, LG Middle East and Africa Regional Company.
"With increases come the associated burden on the existing healthcare infrastructure and while governments are investing to develop the infrastructure, they are and will be for the foreseeable future, playing catch up," To this end, LG has begun beefing up its healthcare offerings in the region by inducing the sense of need to consumers.
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