It has been seen on countless occasions, the intensive upgrades that goes within the medical field. Due to the current events (Covid-19) the world has been shook from its feet. Due to this the investments within the medical care has skyrocketed. Which will continue to grow even after the Covid period.
Why should you bid?
The time has never been more perfect to get involved within medical sector. The UAE healthcare system has been following a similar path to that seen at a reginal level. In 2018, the UAE government contributed 66% of the country’s healthcare spending of USD 15 billion.
In addition, from 2018 to 2022 the healthcare spend is set to grow at CAGR (Compound annual growth rate) of 9.5%. One of the reasons being is ageing in population. Which is set to see an increase of 29% by 2050 according to the DHA chief (Dubai Health Authority).
According to the International healthcare research centre (IRHC) UAE or Dubai more specifically is considered to be ranked 6 out of the 46 destinations in Global Medical Tourism Index 2020-2021. With the increase in western costs in western countries and lack of insurance, medical tourism is increasing and is set to increase post-Covid.
Before you bid
Knowing what you are getting yourself into is always more beneficial. Tender processing can become complicated and time consuming, especially when tendering for public sector work. It will only make it more time consuming if you are unsure of the processes.
Understanding the process: delivery of contract, technical solutions, pricing proposals. Having someone professional assistance to provide you with a high quality, persuasive narrative responses will only benefit you further.
Remember tendering is a competition. It is very likely that your competitions are already working with the best to win over tender. Knowing how important medical tenders are currently, it is in your best interest to train yourself to get the maximum results.
Get yourself a coach
Tender offers can be incredibly fruitful. It is in your best interest to acquire yourself a coach who can lead you in the right direction for investing in medical tenders in the UAE. After that it is research, review, amend. Sleep on it: you might think of something else. Then proofread and submit.