DUBLIN--(BUSINESS WIRE)--The "GCC Health Insurance Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.
The GCC health insurance market reached a value of US$ 11.4 Billion in 2020. Looking forward, the GCC health insurance market to exhibit moderate growth during the next five years.
Health insurance offers considerable flexibility in terms of disease coverage, diagnosis and treatment for chronic ailments, emergency transportation, in-patient and day care management, maternity, dental care, psychiatric care, etc.
They are available in multiple arrangements for the consumers such as private health insurance, public or government health insurance, managed care plans, indemnity, Point-of-Service (POS) plans, etc. The consumer can opt for the most suitable insurance plan depending upon their needs and requirements.
Historically, governments in the GCC region accounted for most of the healthcare requirements of their nationals. However, upon recognising that the "welfare state" approach is expensive and unsustainable in the long run, Saudi Arabia, Qatar, and Dubai and Abu Dhabi in the UAE have already introduced mandatory health insurance, while Bahrain, Oman and Kuwait are in the process of introducing it.
Apart from the strong government support, the strong growth in the healthcare infrastructure and rising migration in the GCC region are also driving the GCC health insurance market. Additionally, rising healthcare costs and increasing awareness for health management has also catalyzed the demand for insurance policies in the region. In order to safeguard the consumers from exorbitant medical bills, insurance policymakers are designing programs that fit the exact need of the consumer.
Key Questions Answered in This Report:
- 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?
- What has been the impact of COVID-19 on the GCC health insurance market?
- What is the breakup of the market based on the product type?
- 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?
- What is the degree of competition in the GCC health insurance industry?
- What are the profit margins in the GCC health insurance industry?
Report Coverage:
- Base Year Considered: 2020
- Historical Data Coverage: 2015-2020
- Market Forecast: 2021-2026
- Currency: US$
- Geography Covered: GCC
- Segments Covered: Type, Service Provider and Region
Key Topics Covered:
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction
5 GCC Health Insurance Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Breakup by Type
5.5 Market Breakup by Service Provider
5.6 Market Breakup by Region
5.7 Market Forecast
5.8 SWOT Analysis
5.9 Value Chain Analysis
5.10 Porters Five Forces Analysis
5.11 PESTEL Analysis
5.12 Price Analysis
6 Market Breakup by Type
6.1 Individual
6.2 Group
7 Market Breakup by Service Provider
7.1 Public
7.2 Private
8 Market Breakup by Region
9 Government Regulations
10 Strategic Recommendations
11 Competitive Landscape
11.1 Market Structure
11.2 Key Players
11.3 Profiles of Key Players
For more information about this report visit https://www.researchandmarkets.com/r/z0k4ok
