MEA Health Insurance Market - Industry Trends and Forecast to 2034

MEA Health Insurance Market - Industry Trends and Forecast to 2034

The Middle East and Africa health insurance market is expected to reach USD 267,676.32 million by 2031 from USD 157,297.53 million in 2023, growing with a CAGR of 6.9% in the forecast period of 2024 to 2031.
Market Segmentation
Middle East and Africa Health Insurance Market, By Type (Product and Solutions), Services (Inpatient Treatment, Outpatient Treatment, Medical Assurance, and Others), Level of Coverage (Bronze, Silver, Gold, and Platinum), Service Providers (Public Health Insurance Providers and Private Health Insurance Providers), Health Insurance Plans (Point of Service (POS), Exclusive Provider Organization (EPOS), Preferred Provider Organization (PPO), Indemnity Health Insurance, Health Maintenance Organization (HMO), Health Savings Account (HSA), Qualified Small Employer Health Reimbursement Arrangements (QSEHRAS), and Others), Demographics (Adults, Minors, and Senior Citizens), Coverage Type (Lifetime Coverage and Term Coverage), End User (Corporates, Individuals, and Others), Distribution Channel (Direct Sales, Financial Institutions, E-Commerce, Hospitals, Clinics, and Others), Country (South Africa, Saudi Arabia, U.A.E., Egypt, and Rest of Middle East and Africa) – Industry Trends and Forecast to 2031
Overview of Middle East and Africa Health Insurance Market Dynamics

Driver
• Increasing cost of medical services

Restraint
• Strict documentation process for claim reimbursement

Opportunity
• Increasing healthcare expenditure

Market Players

Some of the major market players operating in the Middle East and Africa health insurance market are:

• Cigna Healthcare
• Centene Corporation
• Allianz Care (A Subsidiary of Allianz SE)
• Aetna Inc. (A Subsidiary of CVS Health)
• Anthem Insurance Companies, Inc. (A subsidiary of Elevance Health)
• AXA
• Broadstone Corporate Benefits Limited
• Bupa
• HealthCare International Global Network Ltd.
• HBF Health Limited
• Now Health International
• Oracle
• UnitedHealth Group
• Vhi Group
• Vitality (A Subsidiary of Discovery Ltd)
• International Medical Group (A Subsidiary of Sirius Point)

Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.

Please note: This publisher does offer titles that are created upon receipt of order. The report will take approximately 15-20 business days to prepare and deliver.