DUBLIN, 23 Aug 2021 / PRNewswire / – The “United Arab Emirates Health Insurance Market: Industry Trends, Share, Size, Growth, Opportunities, and Forecast 2021-2026” report was added to ResearchAndMarkets.com offer.
The United Arab Emirates health insurance market has reached a value of 6.6 billion US dollars in 2020. Looking ahead, the publisher expects the market to show strong growth during 2021-2026.
Bearing in mind the uncertainties of COVID-19, we are continuously monitoring and evaluating the direct and indirect influence of the pandemic. This information is included in the report as a major contributor to the market.
The UAE has a large private, government funded and rapidly growing health sector providing high quality health care to the people. Health insurance policies are an integral part of the health infrastructure because they cover the costs associated with the medical and surgical expenses of the insured.
The costs incurred during the treatment of the patient are either fully paid by the insurance company in advance or indirectly through reimbursement, depending on pre-established conditions. An effective health insurance plan includes services such as diagnosis and treatment of illnesses and conditions, psychiatric care, rehabilitation, therapy, emergency transportation, inpatient management, maternity, dental care , etc. AXA Gulf Insurance, Abu Dhabi National Insurance Company (ADNIC), Emirates Insurance Company, Oman Insurance Company, etc. are among the leading health insurance providers in the United Arab Emirates.
With a population of around 9.6 million, the UAE is among the fastest growing economies in the GCC region. In addition, the government is also playing a major role in increasing the penetration of health insurance in the region. In Abu Dhabi and Dubai, the government provides health insurance to all its citizens. Likewise, the government of Ajman offers all its employees health insurance. In addition, both Abu Dhabi and Dubai also require employers to provide health insurance coverage to their employees. In addition, due to the growing economic diversification of the country and continued immigration, per capita spending on health services has increased. Other factors, such as the increase in the number of lifestyle-related illnesses and the rising costs of medical treatment, are also driving the market in a positive way.
The latest editor’s report provides an in-depth overview of the United Arab Emirates health insurance market covering all of its essential aspects. It ranges from macro market overview to micro details of industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, ‘value chain analysis, etc. This report is must-read for entrepreneurs, investors, researchers, consultants, business strategists, and anyone with any interest in or planning to make a foray into the United Arab Emirates health insurance market from anywhere. way either.
- Value chain analysis
- Main drivers and challenges
- Porters Five Forces Analysis
- PESTEL analysis
- Government regulations
- Competitive landscape
- Competitive structure
- Key player profiles
- Historical, current and future market trends
Market breakdown by type:
Market breakdown by service provider:
Key questions addressed in this report:
- How has the UAE health insurance market performed so far and how will it perform in the years to come?
- What has been the impact of COVID-19 on the health insurance market in the United Arab Emirates?
- What is the distribution of the market according to the type of product?
- What is the market split depending on the service provider?
- What are the different stages in the UAE health insurance sector value chain?
- What are the main drivers and challenges for the health insurance industry in the United Arab Emirates?
- What is the structure of the health insurance sector in the United Arab Emirates and who are the main players?
- How competitive is the health insurance industry in the United Arab Emirates?
- What are the profit margins in the health insurance industry in the United Arab Emirates?
Main topics covered:
2 Scope and methodology
3 Executive summary
5 United Arab Emirates Health Insurance Market
6 Market breakdown by type
7 Market breakdown by service provider
8 Government regulations
9 strategic recommendations
10 Competitive landscape
For more information on this report, visit https://www.researchandmarkets.com/r/1ijkyj
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SOURCE Research and Markets