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This report presents a strategic analysis of the Kuwait Robotic Surgery Services Market and a forecast for its development in the medium and long term. It provides a broad overview of the market dynamics, trends and insights, growth drivers and restraints, segmentation, competitive landscape, healthcare policies and regulatory framework, reimbursement scenario, challenges and future outlook. This is one of the most comprehensive reports about the Kuwait Robotic Surgery Services Market, offering unmatched value, accuracy and expert insights.
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Sample Report Kuwait Robotic Surgery Services Market Analysis July 2024
This report presents a strategic analysis of the Kuwait Robotic Surgery Services Market and a forecast for its development in the medium and long term. It provides a comprehensive overview of the market value, dynamics, segmentation, main players, growth and demand drivers, challenges & future outlook, etc. This is one of the most comprehensive reports about the Kuwait Robotic Surgery Services Market , and offers unmatched value, accuracy, and expert insights.
Report Scope Report Attribute Details Number of Pages 70-80 Base Year for Estimation 2023 Forecast Period 2024-2030 Market Overview, Size & Forecasting, Market Segmentation, Growth Factors and Trends, Competitive Landscape, Key Company Profiles, Government Policies, Regulatory Landscape, Reimbursement Scenario Report Coverage Quantitative Units Revenue in USD Million/Billion (Mn/Bn) Currency Conversion 1 Kuwaiti Dinar = 3.26 USD Research Approach Secondary Research (90%), Primary Research (10%) 3 A Sample Report on Kuwait Robotic Surgery Services Market Analysis I Confidential
Table of Content CONTENT PG. NO. 6-14 1. Market Overview 1.1 Robotic Surgery Services Market Overview 1.2 Robotic Surgery Services Market Overview: Global 1.3 Economic Overview: Kuwait 1.4 Robotic Surgery Services Market Overview : Kuwait 1.5 Healthcare Overview: Kuwait 1.6 Budget of Kuwait Government for Public Insurance 1.7 Top Developments in Kuwait 15-17 2. Robotic Surgery Types and Instruments 2.1 Types 2.2 Robotic Instruments 18-23 3. Market Size and Forecasting 3.1 Kuwait Robotic Surgery Services Market Size and Forecasts 4 A Sample Report on Kuwait Robotic Surgery Services Market Analysis I Confidential
Table of Content CONTENT PG. NO. 3.2 Snapshot of Robotic Surgery Services Market Segmentation 3.2.1 Market Segmentation: By Product and Service 3.2.2 Market Segmentation: By Application 3.2.3 Market Segmentation: By End Users 24-29 4. Market Dynamics 4.1 Market Growth Drivers 4.2 Market Growth Restraints 30-37 5. Competitive Landscape 5.1 Key Players in Kuwait Robotic Surgery Services Market 38-43 6. Regulatory and Reimbursement Landscape 6.1 Regulatory Landscape in Kuwait 6.2 Reimbursement Scenario in Kuwait 6.3 Reimbursement Process 5 A Sample Report on Kuwait Robotic Surgery Services Market Analysis I Confidential
Kuwait Robotic Surgery Services Market Analysis 1. Market Overview
1.1 Robotic Surgery Services Market Overview Robotic surgery is a technique utilized by healthcare providers for minimally invasive procedures. The technology comprises three main components: ▪ Robotic arms equipped with tiny instruments ▪ High-definition camera that offers enhanced, magnified, 3D views of the surgical area ▪ Surgical console where the surgeon precisely controls the instruments and the camera's movements ▪ Benefits of using Robotic Surgery Services include: Shorter hospital stays ▪ Less pain and discomfort ▪ Quicker recovery and return to daily activities ▪ Smaller incisions, lowering infection risk ▪ Reduced blood loss and need for transfusions ▪ Minimal scarring ▪
1.2 Robotic Surgery Services Market Overview: Global (1/2) 7733 Robotic surgical systems installed worldwide by 2023 Current Health Expenditure – (% of GDP) 10 Mn + Robotic surgeries performed globally 10.35 % Of GDP in current health expenditure globally in 2021 28% Increase in intuitive surgical companies revenue in 2022 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 8 A Sample Report on Kuwait Robotic Surgery Services Market Analysis I Confidential
1.2 Robotic Surgery Services Market Overview: Global (2/2) Kuwait Market ~$xx Bn Market Illustrative Illustrative 9 A Sample Report on Kuwait Robotic Surgery Services Market Analysis I Confidential
1.3 Economic Overview: Kuwait Population of Kuwait , In Mn GDP of Kuwait – In Bn (USD) 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 Population Split (2023) Kuwait’s median age is 39.8 years which is higher than global median age ▪ By Gender By Age Group Country's population’s global share is 0.05% and it is increasing at a rate of 0.97% Life expectancy of female is 82.9 years and for male it is 79.1 years Currently 100% of population is urban in Kuwait Top 3 largest cities in Kuwait are Al Ahmadi, Hawalli, As Salimiyah ▪ ▪ 0-14 Female 15-64 ▪ Male 65+ ▪ Illustrative Illustrative 10 A Sample Report on Kuwait Robotic Surgery Services Market Analysis I Confidential
1.4 Robotic Surgery Services Market Overview: Kuwait 1500 + Robotic surgeries performed at Sabah Al- Ahmad Kidney and Urology Center Kuwait Current Health Expenditure Per Capita (Kuwait) – In Th (USD) 79% Of all deaths due to chronic disease in Kuwait 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 $1860.78 Current health expenditure per capita in Kuwait in 2021 Kuwait’s median age is 39.8 years which is higher than global median age ▪ Country's population’s global share is 0.05% and it is increasing at a rate of 0.97% Life expectancy of female is 82.9 years and for male it is 79.1 years Currently 100% of population is urban in Kuwait Top 3 largest cities in Kuwait are Al Ahmadi, Hawalli, As Salimiyah ▪ ▪ Urology Most common surgical procedure using robot in Kuwait ▪ ▪ Illustrative Illustrative 11 A Sample Report on Kuwait Robotic Surgery Services Market Analysis I Confidential
1.5 Healthcare Overview: Kuwait Public Healthcare Private Healthcare Contribution: Public healthcare system represents over 80% of the nation's total healthcare expenditure Proportion: Private sector constitutes approximately 20% of the nation's total healthcare capacity ▪ ▪ Structure: Organized into two main tiers - the central Ministry of Health (MOH) and local health regions Services: Private hospitals offer superior facilities, shorter wait times, and higher quality care compared to public healthcare facilities ▪ ▪ Infrastructure: Government runs 28 general and specialized hospitals, along with a network of over 100 polyclinics offering comprehensive primary care services ▪ Contribution: Private sector is anticipated to expand moderately in the coming years, with private companies projected to account for 15-20% of healthcare spending ▪ Illustrative Illustrative 12 A Sample Report on Kuwait Robotic Surgery Services Market Analysis I Confidential
1.6 Budget of Kuwait Government for Public Insurance Proposed Budget By Category 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2022-31 Outlays $769 $709 $766 $841 $840 $947 $1,014 $1,085 $1,227 $1,178 $1,325 $1,412 $10,633 In Billions Of Dollars Medicare 3.7% 3.2% 3.3% 3.4% 3.3% 3.6% 3.7% 3.8% 4.1% 3.8% 4.1% 4.2% 3.7% As % Of GDP National Health Expenditures (NHE) grew 2.7% to $4.3 Tn in 2021, or $12,914 per person, and accounted for 18.3% of Gross Domestic Product (GDP) ▪ Medicare spending grew 8.4% to $900.8 Bn in 2021, or 21% of total NHE ▪ Private health insurance spending grew 5.8% to $1,211.4 Bn in 2021, or 28% of total NHE ▪ Out of pocket spending grew 10.4% to $433.2 Bn in 2021, or 10% of total NHE ▪ Other Third Party Payers and Programs and Public Health Activity spending declined 20.7% in 2021 to $596.6 Bn, or 14% of total NHE ▪ Hospital expenditures grew 4.4% to $1,323.9 Bn in 2021, slower than the 6.2% growth in 2020 ▪ Physician and clinical services expenditures grew 5.6% to $864.6 Bn in 2021, slower growth than the 6.6% in 2020 ▪ Prescription drug spending increased 7.8% to $378.0 Bn in 2021, faster than the 3.7% growth in 2020 ▪ Largest shares of total health spending were sponsored by the federal government (34%) and the households (27%). The private business share of health spending accounted for 17% of total health care spending, state and local governments accounted for 15%, and other private revenues accounted for 7% ▪ Illustrative Illustrative 13 A Sample Report on Kuwait Robotic Surgery Services Market Analysis I Confidential
1.7 Top Developments in Kuwait Latest Deals in Kuwait Company Name Type Year Key Pointers Mezzan Holding, one of the largest manufacturers and distributors of food, beverage, FMCG, and healthcare products in the Gulf, announced new leadership positions for the company’s Healthcare Business Line Ali Al Wazzan has been appointed as the Managing Director, while Dr. Rashed Khazaal has been named CEO of the Healthcare Business Line at Mezzan Holding ▪ March 25, 2024 Announcement ▪ Kuwait’s only manufacturer of pharmaceutical products, Kuwait Saudi Pharmaceutical Industries Company (KSPICO), announced signing of a License and Supply strategic partnership agreement with Rosemont Pharmaceuticals Through this partnership, KSPICO will distribute a variety of Rosemont products in the GCC and MENA regions, including oral liquid formulations and medicines designed to aid pediatric and geriatric patients with swallowing difficulties ▪ December 6, 2022 Partnership ▪ Illustrative Illustrative 14 A Sample Report on Kuwait Robotic Surgery Services Market Analysis I Confidential
Kuwait Robotic Surgery Services Market Analysis 2. Robotic Surgery Types and Instruments
2.1 Types of Robotic Surgery Gynaecological Surgery Urological Surgery General Surgery Other Surgeries Partial Nephrectomy Appendectomy Hysterectomy Cardiac Gall bladder Surgery Ovarian cystectomy Cystectomy Thoracic Prostate removal Hernia Repair Orthopaedic Gastric Bypass Neurosurgery Illustrative Illustrative 16 A Sample Report on Kuwait Robotic Surgery Services Market Analysis I Confidential
2.2 Robotic Instrument Da Vinci Surgical System • Most widely used robotic platform for minimally invasive surgery • Consists of several key components, including an ergonomically designed surgeon console, a patient-side cart with robotic arms, and a high-definition 3D vision system Robotic arms • Equipped with Endowrist instruments that provide seven degrees of freedom and 90 degrees of articulation • It includes energy instruments for coagulation, cutting, and dissection (e.g., monopolar and bipolar cautery, Harmonic ACE, PK Dissecting Forceps), grasping instruments (e.g., tenaculum, atraumatic grasper), Scissors (e.g., robotic scissors, Maryland scissors), Needle drivers for suturing, and Clip appliers Surgeon controls the robotic arms and instruments while seated at the console, viewing a magnified, high-definition, 3D image of the surgical site ▪ It offers increased precision, flexibility, and control for the surgeon, as well as potential benefits for the patient such as smaller incisions, less pain, and faster recovery times ▪ Illustrative Illustrative 17 A Sample Report on Kuwait Robotic Surgery Services Market Analysis I Confidential
Kuwait Robotic Surgery Services Market Analysis 3. Market Size and Forecasting
3.1 Kuwait Robotic Surgery Services Market Size and Forecasts Kuwait Robotic Surgery Services Market Forecast, 2023-2030 2023 2024F 2025F 2026F 2027F 2028F 2029F 2030F 2023 2024 2025 2026 2027 2028 2029 2030 Major Markets Patient ($Mn) 2.74 2.82 2.90 2.94 2.98 3.02 3.07 3.12 Kuwait Patient Size ($Bn) 0.51 0.61 0.68 0.69 0.70 0.71 0.72 0.73 % of Patients 18.75% 21.70% 23.56% 23.45% 23.42% 23.39% 23.34% 23.45% Global Market Size ($Bn) 3,620 3,780 3,950 4,128 4,314 4,508 4,711 4,937 Kuwait Market Size ($Bn) 61 74 84 87 91 95 99 106 Illustrative Illustrative 19 A Sample Report on Kuwait Robotic Surgery Services Market Analysis I Confidential
3.2 Snapshot of Kuwait Robotic Surgery Services Market Segmentation Product and Service Application End Users Robotic Systems Urology Hospitals Instruments and Accessories Gynaecology Ambulatory Surgical Centres Services General Surgery Others In this section you will get an understanding of the segmentations which will cover the Kuwait Robotic Surgery Services Market ▪ In order to obtain access to all of the information that you are seeking, you will need to purchase the final report ▪ Illustrative Illustrative 20 A Sample Report on Kuwait Robotic Surgery Services Market Analysis I Confidential
3.2.1 Market Segmentation: By Product and Service Kuwait Robotic Surgery Services Market Share, By Product and Service (2023) Please be aware that this sample report is intended to provide you with a brief overview of the kind of information and analysis that will be presented in the final report In order to obtain access to all of the information that you are seeking, you will need to purchase the final report Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the topic or subject matter of interest ▪ Services Robotic System ▪ ▪ Instruments and Accessories Illustrative Illustrative 21 A Sample Report on Kuwait Robotic Surgery Services Market Analysis I Confidential
3.2.2 Market Segmentation: By Application Kuwait Robotic Surgery Services Market Share, By Application (2023) Please be aware that this sample report is intended to provide you with a brief overview of the kind of information and analysis that will be presented in the final report In order to obtain access to all of the information that you are seeking, you will need to purchase the final report Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the topic or subject matter of interest Others ▪ Urology ▪ General Surgery ▪ Gynecology Illustrative Illustrative 22 A Sample Report on Kuwait Robotic Surgery Services Market Analysis I Confidential
3.2.3 Market Segmentation: By End User Kuwait Robotic Surgery Services Market Share, By End User (2023) Please be aware that this sample report is intended to provide you with a brief overview of the kind of information and analysis that will be presented in the final report In order to obtain access to all of the information that you are seeking, you will need to purchase the final report Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the topic or subject matter of interest ▪ ▪ Ambulatory Surgical Centres ▪ Hospitals Illustrative Illustrative 23 A Sample Report on Kuwait Robotic Surgery Services Market Analysis I Confidential
Kuwait Robotic Surgery Services Market Analysis 4. Market Dynamics
4. Snapshot Of Market Growth Drivers And Restraints 4.1.1 4.1.2 4.1.3 Rising demand for minimally invasive surgeries (MIS) in Kuwait Increasing chronic disease prevalence can be a driver in robotic surgery services market Government’s support to integrate advanced technologies in healthcare 4.2.1 4.2.2 Insufficient availability of trained surgeons for robotic surgery hinders adoption High cost related to purchase and maintenance of robotic system limits their use Illustrative Illustrative 25 A Sample Report on Kuwait Robotic Surgery Services Market Analysis I Confidential
4.1 Market Growth Drivers 4.1.1 Ability for smaller incisions and faster recovery time increases demand for robotic surgery services Demand for Robotic Surgeries Please be aware that this sample report is intended to provide you with a brief overview of the kind of information and analysis that will be presented in the final report ▪ In order to obtain access to all of the information that you are seeking, you will need to purchase the final report ▪ Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the topic or subject matter of interest ▪ 2010 2022 2030 Illustrative Illustrative 26 A Sample Report on Kuwait Robotic Surgery Services Market Analysis I Confidential
4.1 Market Growth Drivers 4.1.2 Chronic diseases are responsible for 79% of all deaths annually in Kuwait necessitates advanced treatment options Prevalence of Diseases Please be aware that this sample report is intended to provide you with a brief overview of the kind of information and analysis that will be presented in the final report ▪ In order to obtain access to all of the information that you are seeking, you will need to purchase the final report ▪ Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the topic or subject matter of interest ▪ Illustrative Illustrative 27 A Sample Report on Kuwait Robotic Surgery Services Market Analysis I Confidential
4.1 Market Growth Drivers 4.1.3 Adoption of advanced artificial intelligence (AI) and robotic technologies for diagnosis, treatment, and surgeries across diverse medical fields by Kuwait Ministry of Health Use of Robotic Technologies Please be aware that this sample report is intended to provide you with a brief overview of the kind of information and analysis that will be presented in the final report ▪ In order to obtain access to all of the information that you are seeking, you will need to purchase the final report ▪ Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the topic or subject matter of interest ▪ Illustrative Illustrative 28 A Sample Report on Kuwait Robotic Surgery Services Market Analysis I Confidential
4.2 Market Growth Restraints 4.2.1 Acquisition cost of da Vinci robotic system ranges between $0.5 and $2.5 Mn limiting their use 4.2.2 Requirement of specialized training for surgeons in operating and utilizing robotic systems hinders market growth Please be aware that this sample report is intended to provide you with a brief overview of the kind of information and analysis that will be presented in the final report In order to obtain access to all of the information that you are seeking, you will need to purchase the final report Please be aware that this sample report is intended to provide you with a brief overview of the kind of information and analysis that will be presented in the final report In order to obtain access to all of the information that you are seeking, you will need to purchase the final report ▪ ▪ ▪ ▪ Our analysis will thoroughly investigate the key restraints that may significantly impact business operations and growth. Illustrative Illustrative 29 A Sample Report on Kuwait Robotic Surgery Services Market Analysis I Confidential
Kuwait Robotic Surgery Services Market Analysis 5. Competitive Landscape
5.2 Key Players in Kuwait Robotic Surgery Services Market Here is the list of top 10 companies which will cover in the final report ▪ 1 6 Each company will have slides for ▪ Seimens Healthineers Stryker Corporation Overview Key details Offerings Name of products Recent activities/ Press Coverage Distribution and Vendor Partners Mergers, Acquisitions and Collaboration Financials If there are specific companies that you would like to be included in the report, please let us know via email In order to obtain access to all of the information that you are seeking, you will need to purchase the final report Illustrative Illustrative o o o o 2 7 Intuitive Surgical CMR Surgical o o o 3 8 Medtronic Sysmex Corporation o ▪ 4 9 Smith & Nephew Mayco Medical ▪ 10 5 Zimmer Biomet Royal Care 31 A Sample Report on Kuwait Robotic Surgery Services Market Analysis I Confidential
5.2.1 Seimens Healthineers (Continued) Offerings Founded In: 1847 ▪ Seimens Healthineers is a leading global healthcare company, providing a wide range of medical technology products and services ▪ It has a strong focus on innovation and healthcare advancements ▪ Products and services provided include medical imaging systems, laboratory diagnostics, clinical solutions, point-of-care testing, and minimally invasive therapies. ➢ Medical Imaging HQ: Erlargen, Germany ➢ Cancer Care Type: Public Revenue: $23.08 Bn (Global) ➢ Laboratory Diagnostics Website: siemens.com ➢ Digital solutions and Automation Recent Activity / Press Coverage ▪ June 17, 2024 —First of its Kind Neurofilament Light Chain Blood Test for Multiple Sclerosis Developed by Siemens Healthineers to Achieve CE Mark ▪ New blood test developed in collaboration with Novartis aims to improve management of Multiple Sclerosis ▪ Test will be useful alongside other clinical, imaging, and laboratory findings to help predict the risk of MS disease activity in a patient with Relapsing Multiple Sclerosis (RMS) ▪ March 21, 2024 — Siemens Healthineers developed an automated, self-driving C-arm system for intraoperative imaging in surgery ▪ It is equipped with holonomic, omnidirectional wheels that allow precise movements even in the smallest of spaces and allow easy and accurate positioning ▪ March 06, 2024 — Siemens Healthineers launched an app designed for Apple Vision Pro that enables users such as surgeons, medical students, or patients to view immersive, interactive holograms of the human body captured through medical scans in their real-world environment ▪ It could assist in surgical planning and medical education, or help patients visualize procedures A Sample Report on Kuwait Robotic Surgery Services Market Analysis I 32 Confidential
5.2.1 Seimens Healthineers (Continued) Latest Deals in Seimens Healthineers Company Name Type Year Key Pointers Siemens Healthineers and the World Stroke Organization (WSO) announced a two-year partnership to develop the acute stroke workforce and improve treatment and care for stroke Partnership will expand globally, building on an effective series of hands- on workshops to provide education and training programs designed to enhance clinical skills and increase access to mechanical thrombectomy ▪ Jun 10, 2024 Partnership ▪ OU Health, a comprehensive academic health system, and Siemens Healthineers, a global medical technology leader, entered into a strategic 10-year Value Partnership to bring the latest diagnostic and therapeutic equipment to people across Oklahoma Partnership aims to provide OU Health patients with healthcare guided by the most sophisticated tools for diagnosing complex medical conditions through the inclusion of advanced imaging and laboratory equipment ▪ Dec 05, 2023 Partnership ▪ Illustrative Illustrative A Sample Report on Kuwait Robotic Surgery Services Market Analysis I 33 Confidential
5.2.1 Seimens Healthineers (Continued) Revenues ($Bn), 2020-2030 Please be aware that this sample report is intended to provide you with a brief overview of the kind of information and analysis that will be presented in the final report In order to obtain access to all of the information that you are seeking, you will need to purchase the final report Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the topic or subject matter of interest ▪ ▪ 2020 2021 2022 2023F 2024F 2025F 2026F 2027F 2028F 2029F 2030F Breakdown of Net Revenue by Segment, 2023 ▪ 1 2 3 4 Illustrative Illustrative A Sample Report on Kuwait Robotic Surgery Services Market Analysis I 34 Confidential
5.2.1 Company 2 Offerings Founded In: HQ: Type: Revenue: Website: Recent Activity / Press Coverage Illustrative Illustrative A Sample Report on Kuwait Robotic Surgery Services Market Analysis I 35 Confidential
5.2.1 Company 2 (Continued) Latest Deals in CompanyName Company Name Type Year Key Pointers Illustrative Illustrative A Sample Report on Kuwait Robotic Surgery Services Market Analysis I 36 Confidential
5.2.1 Company 2 (Continued) Revenues ($Bn), 2020-2030 Please be aware that this sample report is intended to provide you with a brief overview of the kind of information and analysis that will be presented in the final report In order to obtain access to all of the information that you are seeking, you will need to purchase the final report Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the topic or subject matter of interest ▪ ▪ 2020 2021 2022 2023F 2024F 2025F 2026F 2027F 2028F 2029F 2030F Breakdown of Net Revenue by Segment, 2023 ▪ 1 2 3 4 Illustrative Illustrative A Sample Report on Kuwait Robotic Surgery Services Market Analysis I 37 Confidential
Kuwait Robotic Surgery Services Market Analysis 6. Regulatory and Reimbursement Landscape
6.1 Regulatory Landscape in Kuwait Regulatory Authorities With Jurisdiction Over Drugs, Biologicals, And Medical Devices In Kuwait In Kuwait, the Ministry of Health, through its through its Pharmaceutical and Herbal Medicines Control and Registration Administration serves as the primary regulatory authority overseeing medical devices and pharmaceuticals MoH is responsible for the evaluation, classification, registration, and licensing of all medical devices in Kuwait Kuwait's legal framework for medical device regulation is established by Ministerial Decree M.D. (13)/2022, which covers the registration and release of medical devices Ministerial Decree categorizes medical devices into four groups based on their usage and impact on users, ensuring that the regulatory conditions, studies, and registration requirements align with the specific category of the device: Class A - low risk Class B - low to moderate risk Class C – moderate to high risk Class D – high risk Requirements are adopted from the European Council Directives for medical devices 93/42/EEC and active implantable medical devices 90/385/EEC and from guidelines issued by the International Medical Device Regulators Forum Ministerial Decree No. 14 of 2022 governs the distribution of health products in Kuwait, potentially including certain low-risk health products that may fall within its scope ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ Illustrative Illustrative 39 A Sample Report on Kuwait Robotic Surgery Services Market Analysis I Confidential
6.2 Reimbursement Scenario in Kuwait Regulatory Framework For The Authorization, Pricing, And Reimbursement Of Drugs Registration Process Registration process for medical devices in Kuwait typically takes 2-6 months to complete. Key steps include: Submitting an application and required documentation to the MOH's Pharmaceutical and Herbal Medicines Control and Registration Administration Paying the applicable registration fees, which are around $82 for a new registration Providing any additional information or samples requested by the regulatory authority for evaluation Registration license remains valid for five years and can be renewed before it expires. Any modifications to a registered product necessitate submitting variation approvals to the regulatory authority Reimbursement Public Healthcare: Kuwaiti citizens receive complimentary healthcare at public hospitals Expatriates must obtain a subsidized health insurance policy from the government to access basic services at public hospitals during designated hours Government funding for public healthcare is provided through the Ministry of Health's budget allocation Private Healthcare: Higher-income expatriates or their employers often opt for optional supplementary private health insurance to bypass waiting times at government hospitals, enabling access to private healthcare facilities o o o o o o o Illustrative Illustrative 40 A Sample Report on Kuwait Robotic Surgery Services Market Analysis I Confidential
6.2 Reimbursement Scenario in Kuwait (Continued) Coverage Penetration (% Total Population) Source of Funding Spend on Healthcare (%of Current Health Expenditure) 100% 100% 100% 100% 100% 44.0% Government Expenditure xx 46.0% xx 47.7% xx xx xx 51.0% 51.8% Public Healthcare Coverage Private Health Insurance Out of Pocket 38.9% 37.1% 35.6% 31.5% 32.5% Private Coverage Other NA NA 2019 2020 2021 2022 2023 2017 2018 2019 2020 2021 2022 2023 Public healthcare coverage is provided by the government and includes programs like Medicare and Medicaid Medicare is a federal program that provides healthcare coverage to individuals who are 65 years of age or older, as well as certain younger people with disabilities 6.3% 4.08% 5.1% 3.8% 2.2% 2.4% 3.6% GDP Growth (yoy) 14.7% 11.3% 15.5% 7.5% 4.2% NA NA HC Spend Growth (yoy) Reimbursement Market Trends ▪ Shift towards value-based care has been a significant trend in Kuwait healthcare system, with payers and providers increasingly focused on improving patient outcomes and reducing costs ▪ This has led to the development of alternative payment models such as accountable care organizations (ACOs) and bundled payment arrangements, which incentivize providers to deliver high-quality, cost-effective care Illustrative Illustrative 41 A Sample Report on Kuwait Robotic Surgery Services Market Analysis I Confidential
6.3 Reimbursement Process The reimbursement process in Kuwait healthcare system can be complex and can vary depending on the type of healthcare service, the healthcare provider, and the insurance coverage. Here are the general steps involved in the reimbursement process: Service or Treatment Provided: The healthcare provider performs a service or treatment for the patient ▪ Billing: The healthcare provider submits a claim to the insurance company or other payer, requesting reimbursement for the service provided ▪ Adjudication: The insurance company or other payer reviews the claim to determine whether it meets the criteria for reimbursement. This can involve verifying the patient's eligibility, reviewing the treatment provided, and checking for any potential errors or fraud ▪ Payment: If the claim is approved, the insurance company or other payer reimburses the healthcare provider for the service provided, based on the negotiated payment rates or fee schedule ▪ Patient Responsibility: Depending on the patient's insurance coverage, they may be responsible for paying a portion of the cost of the service, such as deductibles, co-payments, or co-insurance In order to obtain access to all of the information that you are seeking, you will need to purchase the final report Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the topic or subject matter of interest ▪ Illustrative Illustrative 42 A Sample Report on Kuwait Robotic Surgery Services Market Analysis I Confidential
6.3 Reimbursement Process (Continued) The reimbursement process in Kuwait healthcare system can be complex and can vary depending on the type of healthcare service, the healthcare provider, and the insurance coverage. Here are the general steps involved in the reimbursement process: MoH Service or Treatment Provided: The healthcare provider performs a service or treatment for the patient ▪ Market Authorization Billing: The healthcare provider submits a claim to the insurance company or other payer, requesting reimbursement for the service provided ▪ Private Payers Public Payers Adjudication: The insurance company or other payer reviews the claim to determine whether it meets the criteria for reimbursement. This can involve verifying the patient's eligibility, reviewing the treatment provided, and checking for any potential errors or fraud ▪ Health Technology Assessment Payment: If the claim is approved, the insurance company or other payer reimburses the healthcare provider for the service provided, based on the negotiated payment rates or fee schedule ▪ 1 2 3 Coding Coverage Payment Coding depends on availability code while coverage and payment process decisions are made through an HTA. Illustrative Illustrative 43 A Sample Report on Kuwait Robotic Surgery Services Market Analysis I Confidential
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