Qatar HCE expected to grow by 8.3% anually until 2029, according to Alpen Capital

Current healthcare expenditure (CHE) of Qatar is expected to grow at a compound annual growth rate CAGR of 8.3% until 2029, according to investment banking advisory firm, Alpen Capital.

CHE in the GCC is expected to grow from an estimated $109.1 billion in 2024 to $159 billion in 2029, at a CAGR of 7.8%.

The region’s expanding population base, high incidence of non-communicable diseases (NCDs), rising cost of treatment and medical inflation, coupled with increasing penetration of health insurance are expected to drive growth.

Read the original article in Zawya: Qatar CHE expected to grow at CAGR of 8.3% until 2029: Alpen Capital