JLL Predicts the GCC Healthcare Sector will Reach $135 Billion by 2027.

JLL Predicts the GCC Healthcare Sector will Reach $135 Billion by 2027.

RIYADH: An analysis 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 investors are becoming more optimistic about the region’s healthcare market as Gulf states push for its transformation in line with their economic diversification plans. The study also pointed out that regional governments are pushing for increased localization to attain self-sustainability in the healthcare sector, a crucial factor that elevates investor confidence.

Under their economic diversification agenda, 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,” Sinha stated.

He continued: “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 healthcare landscape are acquiring local or international brands to expand their portfolios and transform their business models.

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