GCC Health Insurance Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opportunity 2024-32
                     GCC Health Insurance 
Market Research and 
Forecast Report 2024-
2032
Format: PDF+EXCEL
© 2023 IMARC All Rights Reserved 
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Acco r d ing  t o  t he  l a t es t  r epo r t  by  I M A RC G r o up ,  t i t l ed  " G CC  He a l t h  I n sura nce  
M ar ke t :  I nd ust ry  T r ends ,  Sha re ,  S i ze ,  G row t h ,  O ppo r t un i t y  a nd  For ecas t  202 4 -
2032 , "  t he  G CC  hea l t h  i n su r an ce  m ar ke t  s i z e  r ea ched  US$  17 . 4  B i l l i on  i n  20 23 .
Hea l t h  i nsu r a nce  r e f e r s  t o  t he  i nsu r anc e  cove r age  t h a t  who l l y  o r  pa r t i a l l y  
Report r e im bur s es  t he  expe nses  i ncu r r e d  f o r  t h e  t r ea t m en t  o f  i n j u r i es  o r  i l l ness  by  t he  
i nsu r ed  i nd i v idua l .  Th e  i nsu r ance  c om p any  can  a l s o  p ay  f o r  t he  m e d ica l  and  su r g i ca l  
exp en ses  t o  t he  ca r e  p r ov id e r  d i r ec t l y .  The  i n d i v idua l  r e qu i r es  t o  deve lop  a  r ou t i ne  
Highlight and p r em ium  s t r u c t u r e  t o  pay  f o r  t h e  i ns u r an ce ,  wh ich  va r i es  i n  acco r danc e  w i t h  t he  
t e r m s  a nd  con d i t i on s  o f  t he  i nsu r ance  ag r e em e n t .  
Description O t h e r  f a c t o r s ,  suc h  as  d i sea se  co ve r a ge ,  d ia gnos i s ,  m a t e r n i t y ,  de n t a l  ca r e ,  
psyc h ia t r i c  ca r e ,  em er ge ncy  t r ansp o r t a t i on ,  t r ea t m en t  f o r  ch r o n i c  a i lm en t s ,  an d  i n -
pa t i en t  and  day ca r e  m anag em e n t ,  a l so  o f f e r  f le x ib i l i t y  w i t h  r ega r ds  t o  t he  i n su r a nce  
p r ov ided ,  wh ich  i s  us ua l l y  con s ide r e d  wh i le  op t i ng  f o r  a  su i t ab le  p la n .
Reque st  f o r  a  P DF  s ampl e  o f  t h i s  repor t :  
h t t p s : / / www. im ar c g r ou p . com / gcc - hea l t h - i ns u r an ce - m ar ke t / r eq ues t sam p le
Report Description
G C C  H e a l t h  I n s u r a n c e  M a r k e t  T r e n d s :
T h e  m a r k e t  i s  p r i m a r i l y  d r i v e n  b y  t h e  f a v o r a b l e  i n i t i a t i v e s  t a k e n  b y  t h e  g o v e r n m e n t s  o f  t h e  G C C  c o u n t r i e s .  S o m e  c o u n t r i e s ,  
i n c l u d i n g  t h e  U A E ,  B a h r a i n ,  A b u  D h a b i  a n d  S a u d i  A r a b i a ,  h a v e  m a n d a t e d  h e a l t h  i n s u r a n c e  i n  t h e i r  r e s p e c t i v e  c o u n t r i e s  w h i c h  
h a v e  c a t a l y z e d  t h e  g r o w t h  o f  t h e  m a r k e t .  F o r  i n s ta n c e ,  i n  2 0 2 1 ,  t h e  G o v e r n m e n t  o f  t h e  K i n g d o m  o f  B a h r a i n  i n t r o d u c e d  t h e  
N a t i o n a l  S o c i a l  H e a l t h  I n s u r a n c e  P r o g r a m t h a t  m a n d a te s  h e a l t h  i n s u r a n c e  c o v e r a g e  f o r  e v e r y  r e s i d e n t ,  v i s i t o r  a n d  c i t i z e n  i n  t h e  
c o u n t r y .  A s  a  p a r t  o f  t h e  p r o g r a m ,  t h e  g o v e r n m e n t  c o v e r s  t h e  m e d i c a l  e x p e n s e s  o f  t h e  c i t i z e n s  a n d  d o m e s t i c  w o r k e r s ,  w h i l e  t h e  
e m p l o y e r s  a r e  e x p e c t e d  t o  c o v e r  t h e  i n s u r a n c e  o f  t h e  e x p a t r i a t e s .  
S i m i l a r l y ,  O m a n  a n d  K u w a i t  h a v e  a l s o  i n i t i a t e d  t h e  p r o c e s s  o f  m a n d a t i n g  h e a l t h  i n s u r a n c e  i n  t h e i r  r e s p e c t i v e  c o u n t r i e s .  M o r e o v e r ,  
g r o w i n g  h e a l t h  c o n s c i o u s n e s s  a m o n g  i n d i v i d u a l s  i s  a c t i n g  a s  a n o t h e r  m a j o r  g r o w t h - i n d u c i n g  f a c t o r .  T h e r e  h a s  b e e n  a n  i n c r e a s i n g  
p r e v a l e n c e  o f  o b e s i t y  a n d  d i a b e te s ,  o w i n g  t o  t h e  s e d e n t a r y  l i f e s t y l e  l e d  b y  t h e  m a j o r i t y  o f  t h e  w o r k i n g  p o p u l a t i o n  i n  t h e  r e g i o n .  
O th e r  f a c to r s ,  s u c h  a s  a f f o r d a b l e  p r e m i u m  r a t e s  o f f e r e d  b y  t h e  i n s u r a n c e  p r o v i d e r  a n d  g r o w i n g  e x p a t r i a t e  p o p u l a t i o n ,  a r e  f u r t h e r  
c r e a t i n g  a  p o s i t i v e  o u t l o o k  f o r  t h e  m a r k e t .
L o o k in g  f o r w a r d ,  t h e  m a r k e t  i s  a n t i c i p a t e d  t o  r e a c h  a  v a lu e  o f  U S $  2 8 . 5  B i l l i o n  b y  2 0 3 2 ,  e x p a n d in g  a t  a  C A GR  o f  5 .5 %  
d u r in g  t h e  f o r e c a s t  p e r i o d  ( 2 0 2 4 - 2 0 3 2 ) .
V ie w  R e p o r t  T O C ,  F i g u r e s  a n d  T a b l e s :  h t t p s : / / w w w . i m a r c g r o u p . c o m / g c c - h e a l t h - i n s u r a n c e - m a r k e t
Breakup by Type:
• Individual
• Group
 
Breakup by Service Provider:
• Publ ic 
Report • Pr ivate
Segmentation
Breakup by Region:
• Saudi Arabia
• UAE
• Oman
• Kuwait
• Bahrain
• Qatar
How has the GCC health insurance market performed so 
far and how will it perform in the coming years?
What are the key regional markets in the GCC health 
insurance industry?
Key 
What has been the impact of COVID-19 on the GCC 
Questions health insurance market?
Answered in 
What is the breakup of the market based on the 
product type?
the Report
What is the breakup of the market based on the service 
provider?
What are the various stages in the value chain of the 
GCC health insurance industry?
What are the key driving factors and challenges in the 
GCC health insurance industry?
What is the structure of the GCC health insurance 
industry and who are the key players?
Key What is the degree of competition in the GCC health 
insurance industry?
Questions 
Answered in What are the profit margins in the GCC health insurance industry?
the Report
1     P r e f a c e
2     S c o p e  a n d  M e t h o d o l o g y
    2 . 1     O b j e c t i v e s  o f  t h e  S t u d y
    2 . 2     S t a k e h o l d e r s
    2 . 3     D a t a  S o u r c e s
        2 . 3 . 1     P r i m a r y  S o u r c e s
        2 . 3 . 2     S e c o n d a r y  S o u r c e s
    2 . 4     M a r k e t  E s t i m a t i o n
        2 . 4 . 1     B o t t o m - U p  A p p r o a c h
Table of         2 . 4 . 2     T o p - D o w n  A p p r o a c h    2 . 5     F o r e c a s t i n g  M e t h o d o l o g y
3     E x e c u t i v e  S u m m a r y
4     I n t r o d u c t i o n
    4 . 1     O v e r v i e w
Contents     4 . 2     K e y  I n d u s t r y  T r e n d s5     G C C  H e a l t h  I n s u r a n c e  M a r k e t
    5 . 1     M a r k e t  O v e r v i e w
    5 . 2     M a r k e t  P e r f o r m a n c e
    5 . 3     I m p a c t  o f  C O V I D - 1 9
    5 . 4     M a r k e t  B r e a k u p  b y  T y p e
    5 . 5     M a r k e t  B r e a k u p  b y  S e r v i c e  P r o v i d e r  
    5 . 6     M a r k e t  B r e a k u p  b y  R e g i o n  
    5 . 7     M a r k e t  F o r e c a s t  
    5 . 8     S W O T  A n a l y s i s
        5 . 8 . 1     O v e r v i e w
        5 . 8 . 2     S t r e n g t h s
        5 . 8 . 3     W e a k n e s s e s
        5 . 8 . 4     O p p o r t u n i t i e s
        5 . 8 . 5     T h r e a t s
    5 . 9     V a l u e  C h a i n  A n a l y s i s
    5 . 1 0     P o r t e r s  F i v e  F o r c e s  A n a l y s i s
       
        5 . 1 0 . 1     O v e r v i e w
        5 . 1 0 . 2     B a r g a i n i n g  P o w e r  o f  B u y e r s
        5 . 1 0 . 3     B a r g a i n i n g  P o w e r  o f  S u p p l i e r s
        5 . 1 0 . 4     D e g r e e  o f  C o m p e t i t i o n
        5 . 1 0 . 5     T h r e a t  o f  N e w  E n t r a n t s
        5 . 1 0 . 6     T h r e a t  o f  S u b s t i t u t e s
    5 . 1 1     P E S T E L  A n a l y s i s
        5 . 1 1 . 1     P o l i t i c a l
        5 . 1 1 . 2     E c o n o m i c
        5 . 1 1 . 3     S o c i a l
Table of         5 . 1 1 . 4     L e g a l        5 . 1 1 . 5     E n v i r o n m e n t a l
        5 . 1 1 . 6     T e c h n o l o g i c a l
    5 . 1 2     P r i c e  A n a l y s i s
Contents 6    M a r k e t  B r e a k u p  b y  T y p e
    6 . 1     I n d i v i d u a l  
            6 . 1 . 1     M a r k e t  T r e n d s
            6 . 1 . 2     M a r k e t  F o r e c a s t
    6 . 2     G r o u p  
            6 . 2 . 1     M a r k e t  T r e n d s
            6 . 2 . 2     M a r k e t  F o r e c a s t
7    M a r k e t  B r e a k u p  b y  S e r v i c e  P r o v i d e r
    7 . 1     P u b l i c  
            7 . 1 . 1     M a r k e t  T r e n d s
            7 . 1 . 2     M a r k e t  F o r e c a s t
    7 . 2     P r i v a t e   
            7 . 2 . 1     M a r k e t  T r e n d s
            7 . 2 . 2     M a r k e t  F o r e c a s t
F o r  m o r e  i n f o r m a t i o n ,  v i s i t :  
ht t ps : / /w ww. i ma rc gro up . c o m /g c c -hea l th - i nsu ra nc e -m a rke t / t o c
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