The UAE is one of the world's fastest-growing medical tourism destinations. Khushnum Bhandari / The National
The UAE is one of the world's fastest-growing medical tourism destinations. Khushnum Bhandari / The National
The UAE is one of the world's fastest-growing medical tourism destinations. Khushnum Bhandari / The National
The UAE is one of the world's fastest-growing medical tourism destinations. Khushnum Bhandari / The National


The UAE is on the way to achieving global health hub status


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April 11, 2024

Fifteen years ago, most UAE residents would rather have gone abroad for medical treatment if they fell seriously ill, as a 2009 survey run by YouGov for The National reported. GCC countries have long made travel overseas for medical reasons available to their citizens in cases where comparable treatment could not be found at home.

While subsidised medical travel remains available for citizens who need it, times have changed. Today, the world increasingly comes to the UAE for its health care, and that includes visitors from elsewhere in the GCC and the rest of the Middle East. The country is one of the fastest-growing markets for medical tourism, with one travel operator telling The National that UAE bookings in the sector have doubled in the past year. Globally, the industry is worth nearly $32 billion, and the UAE’s participation in the medical tourism economy includes not only serious treatments like cancer therapy or bariatric surgery, but general wellness, too. One report estimates that wellness tourists spent $5.4 billion in the Emirates in 2022.

The country has risen as a healthcare hub in the past decade, buoyed by the opening of world-class hospitals and increased investment in people and infrastructure. The 2024 federal budget allocates 8 per cent of its total, or Dh5.2 billion ($1.4 billion), for health care, up Dh800 million ($220 million) from five years ago.

There is plenty of demand. Consumer spending on health care in the UAE outpaces counterparts in the GCC, and it is expected to reach $30.7 billion by 2027.

It isn’t just the patients who come. Overseas healthcare providers have chosen to set up shop, too. Abu Dhabi is home to a leading hospital that is an extension of the world-renowned Cleveland Clinic, which was named one of the top 50 hospitals in the world this year, in addition to high-quality hospitals across the UAE.

While there is opportunity in medical tourism, the overriding goal is – as it ought to be – a higher-quality healthcare system for those who call the UAE home. In a message on World Health Day this week, President Sheikh Mohamed spoke of the importance of strengthening the country’s health system as a matter of not only well-being, but “dignity” for UAE residents.

While there is opportunity in medical tourism, the goal is a higher-quality system for those who call the UAE home

The Emirates’ investment in health care, he said, extends beyond the country itself, to include its global partnerships, co-operation, research and investment in areas like disease eradication and prevention and humanitarian relief. Since 2010, the UAE has invested more than a quarter of a billion dollars in the eradication of tropical diseases. In recent years, it has also been a regional leader in humanitarian health care, setting up field hospitals in Gaza and Egypt and evacuating Palestinians and Afghans to the Emirates for life-saving treatment.

At home, policy reform has been a critical to ensuring progress. This year, a landmark ruling introduced a nationwide health insurance mandate, requiring employers in all seven emirates to pay for their staff’s health care. Previously, this requirement only applied in Abu Dhabi and Dubai.

Health care requires consistent investment and development, which the country has committed to. For the UAE to become a world health leader, not only in medical tourism but in the medical sector generally, continued investment will be required in several areas, such as investing in patient-support services, language interpretation, accreditation and making the costliest services accessible to all patients who need them. With the nationwide mandate coming into effect next year, more people than ever will have access to the UAE’s healthcare system. For regulators and providers alike, that means plenty of new challenges to overcome, but also plenty of opportunity.

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How will Gen Alpha invest?

Mark Chahwan, co-founder and chief executive of robo-advisory firm Sarwa, forecasts that Generation Alpha (born between 2010 and 2024) will start investing in their teenage years and therefore benefit from compound interest.

“Technology and education should be the main drivers to make this happen, whether it’s investing in a few clicks or their schools/parents stepping up their personal finance education skills,” he adds.

Mr Chahwan says younger generations have a higher capacity to take on risk, but for some their appetite can be more cautious because they are investing for the first time. “Schools still do not teach personal finance and stock market investing, so a lot of the learning journey can feel daunting and intimidating,” he says.

He advises millennials to not always start with an aggressive portfolio even if they can afford to take risks. “We always advise to work your way up to your risk capacity, that way you experience volatility and get used to it. Given the higher risk capacity for the younger generations, stocks are a favourite,” says Mr Chahwan.

Highlighting the role technology has played in encouraging millennials and Gen Z to invest, he says: “They were often excluded, but with lower account minimums ... a customer with $1,000 [Dh3,672] in their account has their money working for them just as hard as the portfolio of a high get-worth individual.”

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Uefa Champions League semi-final, first leg
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When: April 25, 10.45pm kick-off (UAE)
Where: Allianz Arena, Munich
Live: BeIN Sports HD
Second leg: May 1, Santiago Bernabeu, Madrid

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Salman Khan’s father, Salim Khan, is one of Bollywood’s most legendary screenwriters. Through his partnership with co-writer Javed Akhtar, Salim is credited with having paved the path for the Indian film industry’s blockbuster format in the 1970s. Something his son now rules the roost of. More importantly, the Salim-Javed duo also created the persona of the “angry young man” for Bollywood megastar Amitabh Bachchan in the 1970s, reflecting the angst of the average Indian. In choosing to be the ordinary man’s “hero” as opposed to a thespian in new Bollywood, Salman Khan remains tightly linked to his father’s oeuvre. Thanks dad. 

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What: International friendly

When: 7pm kick off

Where: Rugby Park, Dubai Sports City

Admission: Free

Online: The match will be broadcast live on Dubai Exiles’ Facebook page

UAE squad: Lucas Waddington (Dubai Exiles), Gio Fourie (Exiles), Craig Nutt (Abu Dhabi Harlequins), Phil Brady (Harlequins), Daniel Perry (Dubai Hurricanes), Esekaia Dranibota (Harlequins), Matt Mills (Exiles), Jaen Botes (Exiles), Kristian Stinson (Exiles), Murray Reason (Abu Dhabi Saracens), Dave Knight (Hurricanes), Ross Samson (Jebel Ali Dragons), DuRandt Gerber (Exiles), Saki Naisau (Dragons), Andrew Powell (Hurricanes), Emosi Vacanau (Harlequins), Niko Volavola (Dragons), Matt Richards (Dragons), Luke Stevenson (Harlequins), Josh Ives (Dubai Sports City Eagles), Sean Stevens (Saracens), Thinus Steyn (Exiles)

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Updated: April 11, 2024, 3:00 AM