| Study Period | 2020 - 2030 |
| Base Year For Estimation | 2024 |
| Forecast Data Period | 2025 - 2030 |
| Market Size (2025) | USD 18.47 Billion |
| Market Size (2030) | USD 25.64 Billion |
| CAGR (2025 - 2030) | 6.78 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
MENA Health & Medical Insurance Market Analysis
The MENA Health And Medical Insurance Market size in terms of gross written premiums value is expected to grow from USD 18.47 billion in 2025 to USD 25.64 billion by 2030, at a CAGR of 6.78% during the forecast period (2025-2030).
The MENA health and medical insurance sector is robustly growing. Health insurance is a financial buffer, addressing medical costs from illnesses, injuries, and unexpected events. Individuals rely on their insurance providers for compensation in unfortunate scenarios, such as accidents or medical procedures. This market expansion is fueled by escalating health concerns tied to lifestyle choices, a burgeoning population, demographic transitions, and heightened demands from the healthcare sector. While the sector grappled with a spike in claims during the COVID-19 pandemic, many companies adeptly pivoted, rolling out pandemic-centric insurance policies.
Countries like Saudi Arabia and the UAE exhibit a pronounced penetration of health and medical insurance. The UAE stands out with its mandate for universal health insurance coverage for all residents. In accordance with Abu Dhabi's Law No. 23, employers are obligated to insure their employees and their dependents. In contrast, Egypt's health insurance domain is largely steered by the private sector. As the region emphasizes both access to and quality of healthcare, the Middle East's health insurance market is set to play a pivotal role in safeguarding the financial well-being of individuals and families in the years ahead.
MENA Health & Medical Insurance Market Trends
Health Challenges and Rising Demand for Insurance in the Region
Modern lifestyles, characterized by hard labor, poor eating habits, insufficient sleep, and sedentary behavior leading to obesity, are indirectly fueling the growth of the healthcare and insurance sectors. In the United Arab Emirates, alarming statistics reveal that 27% of adults grapple with obsessive behaviors, and over 68% are classified as overweight. These lifestyle choices have paved the way for chronic conditions, notably diabetes, cancer, and cardiovascular diseases.
Moreover, the financial burden of medical care exacerbates these risky lifestyles, jeopardizing public health. This scenario has spurred the growth of individual insurance plans, aiming to alleviate the financial strain on citizens. Health insurance mandates in countries like Saudi Arabia and the UAE underscore the rising significance of personal insurance. Government-sponsored health insurance is available to all residents in Abu Dhabi and Dubai. The Ajman government extends health insurance to every employee, and both Abu Dhabi and Dubai mandate companies to provide health insurance coverage for their staff.
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Egypt's Push for Universal Health Coverage
Aligning with the UN's Sustainable Development Goals (SDGs), the Egyptian government prioritizes healthcare enhancements and the population's health. Universal Health Insurance (UHI), a key player in Egypt, ensures the population has access to insurance and medical services. This commitment guarantees that every Egyptian can utilize a publicly funded healthcare system and receive essential medical treatments. Funding for the UHI system comes from diverse sources: state budgets, federal subsidies for low-income individuals, general and tobacco-designated taxes, copayments (service fees), and premiums from the nation's residents.
Under the Universal Healthcare Act, Egypt is elevating the quality of insurance services and infrastructure. This act introduces a smart card system for claims, upgrades medical facilities, and extends insurance coverage to family members. Additionally, the World Bank is bolstering Egypt's efforts with a USD 400 million investment aimed at fortifying the universal health insurance framework. This financial backing is pivotal for realizing universal health coverage (UHC) and enhancing the quality of public healthcare through the transformation of the UHIS.
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MENA Health & Medical Insurance Industry Overview
The MENA health and medical insurance market exhibits fragmentation. An influx of new entrants is set to increase the competition among established players. Key drivers of this competitive landscape include the swift embrace of advanced technologies in healthcare and the rollout of new policies. Some of the key players operating in the market are National Health Insurance Company (Daman), Bupa Global, Cigna, Allianz, and ADNIC.
MENA Health & Medical Insurance Market Leaders
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National Health Insurance Company (Daman)
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Bupa Global
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Cigna
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Allianz
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ADNIC
- *Disclaimer: Major Players sorted in no particular order
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MENA Health & Medical Insurance Market News
- July 2024: The Saudi Arabian government introduced a policy mandating health insurance for domestic workers in households employing over four staff members. Enforced by the Saudi Council of Health Insurance (CHI) and the Insurance Authority (IA) on July 1, 2024, this initiative seeks to safeguard the welfare of domestic workers in the kingdom by ensuring access to comprehensive healthcare services.
- September 2023: Bupa Global launched a new proposition built around exclusive savings for families. With Bupa Family+, when customers insure the eldest child up to the age of 20, any younger children will be covered by the policy for free, making health insurance an affordable option even for larger families.
MENA Health & Medical Insurance Industry Segmentation
Health insurance covers a range of medical treatments, including surgical expenses.
The MENA health and medical insurance market is segmented by insurance providers, demographics, distribution channels, coverage, and country. By insurance providers, the market is segmented into public sector insurers, private sector insurers, and standalone health insurance companies. By demographics, the market is segmented into adults, minors, and senior citizens. By distribution channel, the market is segmented into direct sales, agents, online, bancassurance, and other distribution channels. By coverage, the market is segmented into individuals and families or groups. By country, the market is segmented into Saudi Arabia, United Arab Emirates, Egypt, Kuwait, Qatar, and Rest of Middle East and North Africa. The report offers market size and forecasts in value (USD) for all the above segments.
| By Insurance Providers | Public Sector Insurers |
| Private Sector Insurers | |
| Standalone Health Insurance Companies | |
| By Demographics | Adults |
| Minors | |
| Senior Citizens | |
| By Coverage | Individual |
| Family or Group | |
| By Distribution Channel | Direct Sales |
| Agents | |
| Online | |
| Bancassurance | |
| Other Distribution Channels | |
| By Country | Saudi Arabia |
| United Arab Emirates | |
| Egypt | |
| Kuwait | |
| Qatar | |
| Rest of the Middle East and North Africa |
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MENA Health & Medical Insurance Market Research FAQs
How big is the MENA Health And Medical Insurance Market?
The MENA Health And Medical Insurance Market size is expected to reach USD 18.47 billion in 2025 and grow at a CAGR of 6.78% to reach USD 25.64 billion by 2030.
What is the current MENA Health And Medical Insurance Market size?
In 2025, the MENA Health And Medical Insurance Market size is expected to reach USD 18.47 billion.
Who are the key players in MENA Health And Medical Insurance Market?
National Health Insurance Company (Daman), Bupa Global, Cigna, Allianz and ADNIC are the major companies operating in the MENA Health And Medical Insurance Market.
What years does this MENA Health And Medical Insurance Market cover, and what was the market size in 2024?
In 2024, the MENA Health And Medical Insurance Market size was estimated at USD 17.22 billion. The report covers the MENA Health And Medical Insurance Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the MENA Health And Medical Insurance Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
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MENA Health & Medical Insurance Industry Report
Statistics for the 2025 MENA Health And Medical Insurance market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. MENA Health And Medical Insurance analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.
