Dubai Chamber of Commerce establishes Medical Labs & Diagnostic Centres Business Group

Dubai Chamber of Commerce has announced the establishment of the Medical Labs & Diagnostic Centres Business Group.

Maha AlGargawi, executive director of Business Advocacy at Dubai Chambers, said“The setting up of this business group comes at the right time as it brings together businesses within the diagnostic labs sector and further strengthens Dubai’s burgeoning healthcare industry. The business group will play an instrumental role in supporting the sector, helping it thrive in the coming years,” said Maha AlGargawi, executive director of Business Advocacy at Dubai Chambers.

Dr Ola Elgaddar, GM at Al Borg Diagnostics UAE, stated, “The healthcare industry in Dubai and the wider UAE is clearly flourishing. As a founding member of this business group, I am keen to start conversations with my peers to see how we can further embed our sector and businesses in the healthcare industry. This business group will serve as an opportune platform to discuss topics that are critical to our sector and bounce off ideas and suggestions on ways to move forward.”

Dubai’s healthcare market is worth more than $4.63bn annually. Dubai and the wider UAE is rapidly emerging as healthcare hub with major opportunities. The UAE hosts the world’s largest medical-free zone, Dubai Healthcare City, which comprises 160 clinical partners across over 150 specialties and professionals from over 90 countries.

According to a report by the Ministry of Economy and the UAE International Investors Council, medical tourism sales are expected to record a CAGR of 17.1 per cent between 2021 and 2025.

It is part of the chamber’s plans to increase the number of business groups representing economic sectors and activities in Dubai to 100 by March.

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