Healthcare
Healthcare Sector in Oman
Healthcare Sector Overview
Oman's healthcare sector stands as a cornerstone of the nation's socio-economic development, reflecting the government's commitment to providing high-quality medical services to its citizens and residents. Aligned with Oman Vision 2040, the sector emphasizes decentralization and international standards, aiming to enhance healthcare accessibility and quality across the Sultanate.
Capacity
7.6 k
Hospital beds
2023
Surgeries performed
87 k
2023
Allocation of
55 m
To four major medical projects
2024
increase
24.6 %
In healthcare spending
2023
Market Trends & Growth
Insurance Growth
Health insurance premiums surged
Growth Rate
13 %
Value (OMR)
216 m
Market Share
Representing 38.2% of Oman’s total insurance market
Unlocking Oman’s rich resources
Opportunities and Projections
The market is projected to reach a revenue of US$1.66 billion in 2025, with an expected annual growth rate (CAGR) of 5.16% from 2025 to 2029, culminating in a market volume of US$2.02 billion by 2029.
Investment Opportunities
Medical Professional Demand
- With an additional 13,000 medical professionals needed by 2040, there are significant opportunities in medical education and training institutions.
Health Insurance Expansion
- 2019 health insurance law and Dhamani e-platform Scheme link 1,700 providers, creating investment opportunities.
Medical Equipment Manufacturing
- Localized production of advanced devices, biologics, and R&D facilities supported by free trade agreements
Digital Health Solutions
- Telemedicine, AI diagnostics, and electronic health records aligned with Vision 2040’s digital transformation goals
Growth Projections
Regional trends -
- MENA’s healthcare market is expected to expand at 11.7% annually, hitting $243.6 billion by 2023
Private sector expansion -
- Contributions to healthcare spending forecast to rise from 12.1% (2020) to 13.2% by 2030
Market Size in USD Billion
Unlocking Oman’s rich resources
Strategic Developments and Infrastructure
Related Developments
Unified Health Insurance Scheme
Medical Technology Parks
Preventive Care Initiatives
Why Choose Oman for Healthcare Investment?
Strategic Location
Gateway to GCC, East Africa, and South Asia markets.
Incentives
Subsidized land leases for healthcare projects, and much more
Skilled Workforce
Over 70,000 professionals, with training programs for specialized roles
Government Support
RO 2 billion allocated to healthcare in 2022, with PPPs prioritized for sustainable growth
Government Support: Powering Healthcare Excellence
Subsidized land leases for healthcare projects
100% foreign ownership in free zones
Customs exemption for: (Switzerland, Norway, Iceland) - States of America - GCC States Arab States - SingaporeLong-term land leasing options at competitive rates to facilitate industrial growth.
Exemption from customs duties on importing raw materials for factories
Corporate Income tax of 15%
Benefiting from the membership of the Sultanate of Oman in the economic agreements
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