group 8 qatar final
TRANSCRIPT
Country: QatarGroup 8JintoAkarshaHemantSector: Health Care
Qatar - Overview
Proven oil reserves of 15 bn barrels & gas fields 13% of the global resource.
GDP - per capita: $145,894 (2014 est.) 1st worldwide
GDP (purchasing power parity): $298.4 billion (2014 est.) 49th worldwide
Unemployment rate: 0.5% (2012 est.) 3rd worldwide
FDI $32.17 billion (31 December 2012 est.) 60th worldwide The current account surplus is huge.
In 2014, FDI amounted to 30.9% of GDP
Qatar Overview
Qatar policies neither delays remittance of foreign investment returns nor restricts transfer of funds
Strategic reforms since 2011 & 2013 transformed the Health care Industry.
The Qatar Healthcare Facilities Master Plan 2013-2033 is the State of Qatar’s first guide for managing the growth of key healthcare infrastructure
Economic growth in 2014 with real GDP increasing by 5.9% But in 2015 Expected 7.7%
Demographics – Population Growth
• The working age population (15-64s) will increase in 2012-2030 by 23.9% making up more than four fifths of the total population in 2030.
Why Healthcare?• Demand for health care services highest in GCC , Qatar has the highest
healthcare spending per capita
• Compulsory health insurance for all
• Majority (82%) of hospital capacity is located within HMC and 67% of this capacity is located in the HMC Doha Campus. (55% of Total Qatar Capacity in one campus)
• Qatar lags behind in terms of hospital beds relative to its population (12 beds per 10,000 people)
• Healthcare made a national priority by the Supreme council of Health
• Guaranteed investments of about $28.5bn in this sector till 2035.
• Healthcare is one of the sectors that are exempt in the Foreign Investment Law (100% Foreign Ownership)
Opportunity
Opportunity
Opportunity - Demographics
Opportunity – Niche Market
Diabetes- Future Projections
Enhanced Business Potential
40%
Investment Proposal
HospitalDoha
Al-Rayyan
Primary Health Care
Centers
Primary Health Care
Centers
Primary Health Care
Centers
Primary Health Care
Centers
• Multiple Primary Health care centers with special focus on Diabetes
NMC Healthcare• Largest private hospital in the UAE – 1.8 M patients annually
• Healthcare: • Hospitals, • Day surgery centers• Medical centers and pharmacies
• NMC Trading: • Distribution business for pharma• FMCG, Food, scientific• Veterinary and Education products
NMC acquired 86.4% of Clinica Eugin, a leading global fertility treatment provider based in Barcelona, Spain ( 24 February 2015 )
Strengths
Company provided Insurance
Employees prefer to have NMC in their insurance plan network.
The various income groups
< AED 10,000- 38%AED 10,000-19,999- 43%AED 20,000-29,999- 42% AED 30,000+ - 33%
Strengths
Over 3 in 5 respondents in the UAE are aware of NMC (62%). Of those who are aware of NMC, over half have visited it in the past (trial ratio= 55%)
Retention ratio=59%.
17% of respondents in the Emirates where NMC has no presence said it would also be their top choice
Main – Oil & Gas Experience.
•NMC Healthcare is already operating emergency ambulance services and clinics and first-aid posts for following distinguished clients:
NMC Healthcare is approved for conducting medical check-ups while recruiting on-shore and off-shore projects for the following institutions
Super brandNMC Healthcare wins ’2015 Frost & Sullivan Middle East Integrated Healthcare Company of the Year Award’
Use this as a Big brand entry to Qatar.
Weakness• No experience outside UAE
• Retention ratio of clients is only 59%. Huge scope of improvement.
Threats• Insurance industry heavily
regulated by the government. Hence can control & regulate health insurance premiums• Obtain a majority market
share asap
• Obtaining Visas for employees not easy
• Qatarisation
• Competition from specialist Diabetes centers
THANKS Q & A?