The project of the medical gauze and bandages factory revolves around producing medical gauze, adhesive tapes, cotton bandages, and pressure bandages. These products are used to cover wounds and injuries, absorb liquid secretions, and wrap and support injured body parts, which help to accelerate the wound healing process and maintain a stable position for bones and muscles. The medical gauze and bandages factory caters to a wide range of medical facilities, such as: hospitals, pharmacies, private clinics, and others.
The project of the medical gauze and bandages factory revolves around producing medical gauze, adhesive tapes, cotton bandages, and pressure bandages. These products are used to cover wounds and injuries, absorb liquid secretions, and wrap and support injured body parts, which help to accelerate the wound healing process and maintain a stable position for bones and muscles. The medical gauze and bandages factory caters to a wide range of medical facilities, such as: hospitals, pharmacies, private clinics, and others
Our company “Mashroo3k” for Economic Consulting is pleased to provide a feasibility study for the medical gauze and bandages factory, striving to make this project economically sustainable, according to the latest international standards followed in this domain. Our services are characterized by methodology, comprehensiveness, connectivity, and the ability to anticipate the future due to our massive database that covers all the markets in the Middle East, as we have a team of consultants with extensive experience, competence, and professionalism, which means that cooperation with us will ensure success.
Executive Summary
Project Service/Product Study
Market Size Study
Study of Risks
Healthcare in the GCC countries “Mashroo3k” shows some of the key indicators for those investors who have a desire to invest in this sector in the GCC countries:
Over the lifetime of our company “Mashroo3k”, we believe in the importance of the healthcare sector and its vital role in the economic renaissance and the rise of nations. Based on this belief, “Mashroo3k” shows some of the key indicators for those investors who have a desire to invest in this sector in the GCC countries:
According to the UN reports, the global population will hit 8.5 billion in 2030. This number is estimated to increase up to 9.7 billion by 2050. The projected population increase will undoubtedly lead to a corresponding surge in demand for healthcare services. Consequently, our company “Mashroo3k” recommends investing in this vital sector.
The global health expenditures are expected to increase at an annual rate of 3.9% during (2020:2024). This represents a significantly higher rate than the 2.8% growth recorded during 2015:2019.
It is worth mentioning that the global number of hospital beds is 2.9 per (1000 patients), as the number of doctors is estimated at 1.8 per (1000 patients). The number of nurses and midwives is 4 per (1000 patients), which falls significantly short of the required number. Consequently, we hope to witness increased investments in the healthcare sector to effectively manage the surging demand for healthcare services.
The Global Healthcare Sector, the technological developments in the healthcare sector have played a crucial role in improving medical services; thus, the survival and life quality rates have witnessed significant improvements over the past decade. The global market of medical services is expected to grow from USD 6872.86 billion by the end of 2021 up to USD 7548.52 billion by the end of 2022. By 2026, the medical services market is expected to witness significant growth, with its value reaching USD 10,414.36 billion at a compound annual growth rate of 8.4% during the forecast period (2022 2026م).