(MENAFN) Oman's personal health insurance segment is rising increasingly and will touch a stage that will need hospitals to deal in plastic money up to 95 percent in future.
On a wider scale, GCC healthcare market is forecasted to develop at an annual rate of 12 percent to USD69.4 billion by 2018 from an approximate USD39.4 billion logged in 2013.
Moreover, alongside the dropping oil prices through Middle East, it is vital on the part of the governments to take stock of the situation and allow people to take care of their own healthcare.
Furthermore, GCC population in the age group of 65 and above is anticipated to grow from 1.2 million in 2015 to 14.2 million in 2050, progressively drive demand for healthcare services.
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