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Out-of-Pocket Expenses as % of Health Expenditure
MENA has one of the highest out-of-pocket expenditures in the world.
High out-of-pocket expenditures for healthcare is often associated with negative health outcomes, due to poor habits on consumption spending and cases of impoverishment, prescribed treatment plans are often not complied to when we must pay 30% out-of-pocket for those drugs and treatments.
That said, nations with wealthy populations with high disposable incomes tend to pay more readily, which could be applied to many of the GCC populations.
Countries with larger youthful populations, such as those found in this part of the world, often have higher out-of-pocket expenditures as well, but as these populations grow older - the region is expected to go through an evolution in healthcare.
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The Business of Healthtech in MENA
Globally, Digital Health is ballooning into a US $660 billion industry by 2025. MENA based healthtech startups have raised over $600 million and reached a combined valuations of nearly $2 billion. By exploring our special reports, you will gain valuable insights into the trends, challenges, and opportunities that define the MENA Healthtech landscape. Learn how technology is giving us greater access to healthcare and better health outcomes.
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