This is a best prospect industry sector for this country. Includes a market overview and trade data.
Healthcare continues to be a priority for the Qatari leadership. Even before the onset of the Covid-19 pandemic, healthcare was a national spending priority in the 2020 budget due to its important role in the National Vision 2030. The Qatari government is constantly upgrading the quality health services, drawing heavily on imported technology and equipment, as well as international expertise and knowledge. According to industry estimates, the market for medical equipment will grow over the next five years, and the market relies heavily on imports from Europe, Asia and the United States.
Qatar’s strong interest in importing medical equipment, pharmaceuticals, healthcare technologies, and supplies from the U.S. is driven by two factors: (1) the rise of new construction projects for hospitals and health care centers, such as the Northwestern Medicine facility that opened in September 2020; and (2) Qatar’s lack of local production capacity in this area. Healthcare in Qatar is free or heavily subsidized, and historically, Qataris needing advanced medical treatment have taken advantage of specialized treatment options overseas (including in the U.S.). However, under Vision 2030, Qatar has ambitious plans underway to expand its network of specialized care facilities in Qatar.
The Qatari government offers a range of incentives to prompt more local firms to break into this expanding market. Along with chemical, metallurgical, eco-friendly and high-tech industries, pharmaceuticals and health-related services have been identified as areas where there are significant investment opportunities for small and medium-sized businesses. Because of the Covid-19 pandemic, in mid-2020, Qatar began manufacturing artificial respiratory machines to meet domestic healthcare needs; production in excess of local demand will be exported.
- Medical Equipment
- Medical Supplies
- Specialized medical services, including for persons with special needs
- Healthcare technology, including but not limited to telemedicine
- Under the Qatar Healthcare Facilities Master Plan, Qatar will be establishing 31 health centers between the years of 2016-2020 leading up to the 2022 World Cup. The full plan aims to deliver 48 new facilities that range from health centers, diagnostic and treatment centers, hospital expansions and the building of both general and specialized hospitals.
- Hamad Medical Cooperation has unveiled a new 15-year master plan that includes doubling the number of hospital beds and operating theaters in the country and tripling car parking provisions by 2030.
- The healthcare sector is witnessing reform initiatives. One of the reforms includes broadening public-private partnerships and giving the private sector a larger role in the provision of healthcare services.
Contact the Commercial Section of the U.S. Embassy.