BMI View: Although one of the smallest healthcare markets in the Gulf Cooperation Council, Oman boasts a 10-year compound annual growth rate of 9% in US dollar terms, a figure in line with large regional players Saudi Arabia and the UAE. There are two reasons for this: Public and foreign investment in the planning and construction of two US$1bn large medical cities will see Oman become a regional medical tourism hub in the long term. Meanwhile, government policies will see the healthcare financial burden gradually shift towards the more lucrative private healthcare sector with continuing foreign investment. Headline Expenditure Projections …
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