The document provides an overview of Qatar's economy and healthcare sector. Qatar has a very high GDP per capita due to its large oil and gas reserves. It has implemented strategic reforms to transform its healthcare industry since 2011-2013. The government's Qatar Healthcare Facilities Master Plan 2013-2033 guides the development of healthcare infrastructure. There is significant opportunity in Qatar's healthcare sector to address the country's growing population and demand for services, especially in areas like primary health clinics and diabetes treatment given the country's spending priorities and guarantees of investment in this sector.
2. Qatar - Overview
Proven oil reserves of 15 bn barrels & gas fields 13% of the global
resource.
GDP - per capita: $145,894 (2014 est.) 1st worldwide
GDP (purchasing power parity): $298.4 billion (2014 est.) 49th
worldwide
Unemployment rate: 0.5% (2012 est.) 3rd worldwide
FDI $32.17 billion (31 December 2012 est.) 60th worldwide
The current account surplus is huge.
In 2014, FDI amounted to 30.9% of GDP
3. Qatar Overview
Qatar policies neither delays remittance of foreign investment
returns nor restricts transfer of funds
Strategic reforms since 2011 & 2013 transformed the Health care
Industry.
The Qatar Healthcare Facilities Master Plan 2013-2033 is the State of
Qatar’s first guide for managing the growth of key healthcare
infrastructure
Economic growth in 2014 with real GDP increasing by 5.9% But in
2015 Expected 7.7%
4. Demographics – Population Growth
• The working age population (15-
64s) will increase in 2012-2030 by
23.9% making up more than four
fifths of the total population in
2030.
5. Why Healthcare?
• Demand for health care services highest in GCC , Qatar has the highest
healthcare spending per capita
• Compulsory health insurance for all
• Majority (82%) of hospital capacity is located within HMC and 67% of this
capacity is located in the HMC Doha Campus.
(55% of Total Qatar Capacity in one campus)
• Qatar lags behind in terms of hospital beds relative to its population
(12 beds per 10,000 people)
• Healthcare made a national priority by the Supreme council of Health
• Guaranteed investments of about $28.5bn in this sector till 2035.
• Healthcare is one of the sectors that are exempt in the Foreign Investment Law
(100% Foreign Ownership)
13. NMC Healthcare
• Largest private hospital in the UAE – 1.8 M patients annually
• Healthcare:
• Hospitals,
• Day surgery centers
• Medical centers and pharmacies
• NMC Trading:
• Distribution business for pharma
• FMCG, Food, scientific
• Veterinary and Education products
NMC acquired 86.4% of Clinica Eugin, a leading global fertility treatment
provider based in Barcelona, Spain ( 24 February 2015 )
14. Strengths
Company provided Insurance
Employees prefer to have NMC in their
insurance plan network.
The various income groups
< AED 10,000- 38%
AED 10,000-19,999- 43%
AED 20,000-29,999- 42%
AED 30,000+ - 33%
15. Strengths
Over 3 in 5 respondents in the UAE are aware of NMC (62%).
Of those who are aware of NMC, over half have visited it in the past (trial ratio= 55%)
Retention ratio=59%.
17% of respondents in the Emirates where NMC has no presence said it would also be
their top choice
16. Main – Oil& Gas Experience.
•NMC Healthcare is already operating emergency ambulance services and
clinics and first-aid posts for following distinguished clients:
NMC Healthcare is approved for conducting medical check-ups while recruiting on-
shore and off-shore projects for the following institutions
17. Super brand
NMC Healthcare wins ’2015 Frost & Sullivan Middle East Integrated Healthcare
Company of the Year Award’
Use this as a Big brand entry to Qatar.
18. Weakness
• No experience outside UAE
• Retention ratio of clients is only
59%. Huge scope of improvement.
Threats
• Insurance industry heavily
regulated by the government.
Hence can control & regulate
health insurance premiums
• Obtain a majority market
share asap
• Obtaining Visas for
employees not easy
• Qatarisation
• Competition from
specialist Diabetes centers