Chronic Disease Factor: A Key Driver for the GCC Functional Service Providers (FSP) Market
Description: This piece examines how the rising incidence of chronic diseases, such as diabetes, is creating an unavoidable demand for specialized FSP services in the GCC.
The increasing demand for specialized healthcare services is a primary driver of the GCC Functional Service Providers (FSP) Market. The region is witnessing a significant rise in the prevalence of chronic diseases, particularly diabetes and hypertension, which affect millions of people. This growing patient population necessitates more complex clinical research, specialized drug development, and higher standards of long-term care, far exceeding the capacity of traditional in-house pharmaceutical operations.
The sheer scale of this health challenge—with over 8 million people in the GCC diagnosed with diabetes and the number projected to grow by 25% by 2030—directly compels biopharma and biotech companies to engage FSPs. These specialized providers are essential for managing…