Market Report, "Oman Pharmaceuticals & Healthcare Report Q3 2013", Published
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. The reasons behind this are two-fold. Public and foreign private investment in the planning and construction of two US$1bn medical cities will see Oman become a regional medical tourism hub in the long term. Meanwhile, government policies will see the healthcare...
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