Qatar’s rapid population growth over the past 10 years and the rising incidence of lifestyle-related diseases means the state represents the fastest-growing health care market in the GCC. The sector is forecast to be worth some $9bn by 2018, about double the $4.6bn seen in 2013, with the inpatient market pegged to hit $2.5bn and the outpatient market expected to reach $6.6bn by that time. Allocations to the health care sector increased by 12% year-on-year in the 2014/15 budget, to $4.3bn, as Qatar prepares to double the number of health facilities in the country by 2022. Meanwhile, with non-life insurance penetration at 0.6% in 2012, against a global average of 2.8%, Qatar’s health insurance market shows significant room for growth.
This chapter contains an interview with Hanan Mohamed Al Kuwari, Managing Director, Hamad Medical Corporation.