Market intelligence, trend analysis and forecasts for the Pharma and Healthcare industries across the regions

Companies / Oman

US-FTA Aiding Growth

May 2007 | Five Year Forecasts

Oman is regarded as having one of the most efficient healthcare systems in the Middle East & North Africa (MENA) region. This factor, alongside rapid population growth and the rising contribution of the private sector - much like in the rest of the Gulf Cooperation Council (GCC) - has driven a significant annual growth of the country''s pharmaceutical market. The private sector is primarily stimulated by the exclusion of expatriate workers from public healthcare schemes and the increased demand for medical tourism, with many patients now seeking cheaper, but still high-class, treatment in GCC hospitals rather than in the US

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