Quadria Capital, a prominent healthcare-focused private equity firm based in Asia, is significantly strengthening its presence in the GCC, aiming to build and scale major healthcare platforms across the region. The firm, which manages over $4.2 billion in assets, views the GCC as a prime market with a unique combination of long-term demand, structural supply gaps, and strong government support.
A Market at an Inflexion Point
The GCC’s healthcare market, valued at approximately $120 billion, is expanding at an annual rate of 5-13%, consistently outpacing GDP growth. This expansion is fueled by an increasing prevalence of chronic diseases, aging populations, and the implementation of mandatory health insurance policies.
Despite this robust demand, significant gaps remain. Hospital bed density in the region is about 50% of the average for OECD countries, and persistent workforce shortages challenge the sector. Furthermore, the high volume of outbound medical travel indicates a need for more specialized, high-quality care within the GCC.
“The GCC is at an inflexion point in healthcare,” said Abrar Mir, Co-Founder and Managing Partner at Quadria. “Demand is large, paying, and long-term, while supply remains constrained across infrastructure and clinical capacity. Policy support is deep and durable.”
Technology as a Core Enabler
Quadria Capital identifies the region’s high digital adoption and supportive regulatory environment as key advantages for modernizing healthcare delivery. The firm believes technology will be a crucial driver for scaling operations, improving efficiency, and enhancing patient outcomes.
“The region is execution ready for modern healthcare delivery,” noted Amit Varma, Co-Founder and Managing Partner at Quadria. “Near-universal digital penetration and supportive regulation make technology a core enabler for faster scaling, greater efficiency, and improved patient outcomes.”
A Hands-On Regional Strategy
To spearhead its regional initiatives, Quadria is establishing a stronger on-the-ground presence. This allows for closer collaboration with the management teams of its portfolio companies, focusing on value creation and integrating digital and AI-driven models.
Sunil Thakur, a Partner at Quadria who is leading the firm’s GCC initiatives, stated, “We continue to work closely with management teams on value creation, partnerships, and embedding digital and AI-driven models. Being on the ground allows us to do this in a more hands-on way.”
The firm plans to support its existing portfolio companies in entering or expanding within the Middle East through strategic partnerships and market access. Additionally, Quadria will leverage HealthQuad, India’s largest health-tech venture growth fund, to facilitate the expansion of digital healthcare solutions into the GCC.
About Quadria Capital
Founded in 2012, Quadria Capital is a leading healthcare investor in Asia, managing over US$4.2 billion in assets across 29 investments in South and Southeast Asia. The firm partners with healthcare businesses to enhance their impact and scale, aiming to create sustainable value for shareholders while generating superior returns.
About HealthQuad
Founded in 2016, HealthQuad is India’s largest venture capital fund focused on healthcare innovation, with assets under management exceeding $300 million. Through its funds, HealthQuad has established a strong track record of backing and scaling some of the most transformative healthcare companies in India.
Source: Zawya
