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)” provides information on market size for Kuwait hospital by Revenue, by Number of Hospitals and by Number of Beds. The report covers aspects 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 includes Snapshot on GCC Healthcare market, Cross Comparison of Kuwait Healthcare Market with Saudi Arabia, Oman, Qatar, UAE and Bahrain, Kuwait Healthcare Market Key Metrics. The report also covers Trends and Developments, Regulatory Environment, Snapshots on National Insurance Program, Major Hospital Project Development, Market Share of Public Hospital, and Market Share of Private hospitals on the basis of No. of Beds, company profiles of leading private hospitals (Dar Al Shifa, Al Salam International Hospital, New Mowasat Hospital, Royal Hayat Hospital and Al Seef Hospital). The report concludes with market projection for future and analyst recommendations highlighting the major opportunities and cautions.
Interested to Know More about this Report- Request for a sample report
Market Size
In terms of revenue, the Kuwait hospital market has registered a constant growth with positive CAGR in last five years (2012-2017). Majority of the healthcare sector in Kuwait is controlled by the Ministry of Health. The private participation in the healthcare sector is considerably low. The healthcare services in public sector hospitals are at highly subsidized rates. Owing to this, the number of outpatients and inpatients in public sector hospitals is significantly higher than private sector. However, majority of the revenues generated in the hospital market is from the private sector hospitals. This is due to the enormous difference of prices for healthcare services in public and private sector hospitals.
Market Segmentation
By Public and Private Hospitals: Majority of the hospitals in Kuwait are managed by MoH. Other government entities running hospitals in Kuwait are Ministry of Defense and Ministry of Social Affairs which operate one hospital each, specifically for military personnel and senior citizens respectively. However, in terms of revenue, private sector hospitals dominated the market in Kuwait, owing to the exorbitant cost of private healthcare in the country.
Visit this Link :- Request for custom report
By Inpatients and Outpatients: Inpatient services are the major contributors to the overall revenue of the Kuwait Hospital Market. However, the number of patients seeking inpatient services is very small in comparison to outpatient appointments. Although the number of outpatients was more than inpatients, in 2017, the total revenue generated through outpatient appointments in Kuwait hospital market was less in comparison to the revenue generated from inpatients.
By General and Specialty: The number of general hospitals in Kuwait is greater than specialty hospitals. Majority of the hospitals are concentrated in Al Asima Governorate and Hawalli Governorate. Most of the general hospitals in the country are operated by the MoH while a few are privately owned. Specialty hospitals provide specialized services in one particular or multiple types of diseases based on disciplines, age, organs, diseases, or other specificities.
By Region: Al Asima governorate has the maximum number of general and specialty hospitals followed by Hawalli Governorate, Al Farwania, Al Almadi, Al Jahra governorate and Mubarak Al-Kabeer governorate respectively.
Competition in Kuwait Hospital Market
Kuwait hospital market is largely dominated by public hospital in terms of number of patients and beds. However in terms of revenue, private hospitals take the lead mainly on account of high treatment fees charged. Dar Al Shifa Hospital, Al Salam International Hospital and New Mowasat Hospital are among leading players in the Kuwait Hospital market. Royale Hayat hospital and Al Seef Hospital are luxury hospitals where healthcare services are accompanied with a luxurious hospitality experience. These are among the most expensive hospitals in Kuwait.
Kuwait Hospital Market Size Future Projections
The Kuwait Hospital Market is expected to grow at a positive CAGR from 2018-2022. Kuwait is a high income class country and the demand for high end luxurious stay at hospitals is increasing among Kuwaiti residents. The Kuwait hospital market is likely to witness addition of numerous hospitals in the next five years, with a mix of publicly and privately owned hospitals. Specialty care hospitals for Maternity and Pediatrics, Infectious Disease and allied medicines including school health services & dentistry are likely to open in the future. The number of available hospital beds is also likely to grow significantly with the growth in number of hospitals.
The revenue generated from private sector hospitals will continue to dominate the hospital market in Kuwait as private participation is likely to increase and so is the cost of private healthcare. It is expected that in the next five years, a number of general hospitals will come up in the Kuwait. However, owing to the rising incidences and need for specialized tertiary and quaternary care, the number of specialized hospitals will be more in comparison to general hospitals. It is anticipated that by 2022, the revenue generated from outpatients will be greater than the revenue from inpatients due to the anticipated rise in number of outpatients seeking private healthcare.
Key Segments Covered:-
Market Segmentation:-
By Public and Private Hospitals
By Inpatients and Outpatients
By General and Specialty Hospital
By Region (Al Asima, Hawalli, Al Farwaniya, Al Ahmadi, Al Jahra and Mubarak Al-Kabeer)
Key Target Audience:-
Private Hospitals in Kuwait
Private Healthcare companies in GCC
Private Equity Ventures
Time Period Captured in the Report:-
2012-2017 – Historical Period
2018-2022 – Future Forecast
Companies/Hospitals Covered:-
Dar Al Shifa Hospital
Al Salam International Hospital
New Mowasat Hospital
Royal Hayat Hospital
Al Seef Hospital
Key Topic Covered in the Report:-
Kuwait Hospital Market Ecosystem
GCC Healthcare Market
Kuwait Healthcare Market Key Metrics
Kuwait Hospital Market
Kuwait Hospital Market Segmentation
Trends and Developments in Kuwait Hospital Market
Regulatory Environment in Kuwait Hospital Market
Snapshots on National Insurance Program
Snapshot on AL Ahmadi Hospital Run by Kuwait Oil Company
Major Hospital Project Development in Kuwait Hospital Market
Competitive Scenario Kuwait Hospital Market
Kuwait Hospital Market Future Projections, 2017-2022E
Analyst Recommendations
For more information on the research report, refer to below link:
https://www.kenresearch.com/healthcare/general-healthcare/kuwait-hospital-market/177074-91.html
Related Reports by Ken Research:-
https://www.kenresearch.com/healthcare/general-healthcare/singapore-healthcare-market/154981-91.html
https://www.kenresearch.com/healthcare/pharmaceuticals/kuwait-retail-pharmacy-market/175024-91.html
https://www.kenresearch.com/healthcare/general-healthcare/uk-telemedicine-market/152428-91.html
Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249
